How much does bitcoin t0 trade
when users initiate a transfer in bitcoin network, they usually need to pay a certain transfer fee to the bookkeeper. The transfer service charge is generally 0.001-0.0015 bitcoins. Due to the limited capacity of the block to hold transaction records, miners will give priority to the transaction with high service charge, so the overpaid service charge can be recorded faster
the existence of bitcoin transaction fees can improve the transfer threshold, effectively prevent the blockchain from being full of junk information, and ensure that the miners still have the motivation to maintain the bitcoin network after bitcoin is g up.
generally, an ordinary bitcoin transaction is composed of one input and two outputs, with the size of about 200 bytes. The default charge is 0.0001btc for every 1000 bytes, and the ordinary bitcoin transfer fee is about 0.001-0.002btc
however, e to the limited capacity of the block to hold transaction records, miners generally give priority to the transaction with higher handling charges. Therefore, when the transaction needs urgent confirmation, it is recommended to select custom charges. I also saw these in Yingfu College of Finance and economics.
in the beginning, many domestic platforms didn't charge service charges, but graally many platforms began to charge service charges, such as the well-known fire coin network. But there are still no fees, such as easybtc
a $5 bitcoin transaction may have the same handling charge as a $5000 bitcoin transaction. Fees are not measured in dollars, not even in the number of bitcoins
they are measured by "satoshis". Satoshis is the smallest unit of bitcoin: 100000000 satoshis = 1btc
instead of paying for every bit of bitcoin you send, you are actually paying for the space your transaction occupies in the block. The average transaction size is 226 bytes, so the time to confirm the transaction depends on the cost of the transaction
The service charge of okex bitcoin exchange is the lowest in the world, ranging from 0.15% to 0.02%, and there is no charge for platform currency okb
in bybit, for each successful order, bybit platform will automatically decide to charge or provide rewards according to the order attributes. For "market makers" in the market, the system will give 0.025% reward based on the contract value for each successful price limit order
for the "price receiver" in the market, the system will charge 0.075% of the contract value based on the contract value for each successful market order. A $5 bitcoin transaction may have the same handling charge as a $5000 bitcoin transaction
they are measured by satoshis