Bitcoin Transaction Fee ?

in bitcoin •  8 years ago 

Can anyone tell me more about how the Transaction Fee Works in the Bitcoin ?
why is it getting more and more expensive to have a Transaction ? 

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8 years ago by

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      ·  8 years ago (edited)

    As far as I understand, transactions used to be very cheap (like under 1 cent). Now they're more expensive because since bitcoin is higher, and transaction fees are calculated in bitcoins, the fee itself is higher.

    This discourages small transactions but if you're sending entire bitcoins the fee is probably a tiny fraction.

    math.png

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        ·  8 years ago 

      nice thanks dude

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