66 sats \ 4 replies \ @random_ 28 Jul \ parent \ on: Why Are On Chain Transaction Fees So Low Now? bitcoin_beginners
Given a tx with 1 input and 1 output, onchain size would be 192 vbytes.
192 vbytes x 5 sats/vbyte = 960 sats = 65 cents at $68k/btc
https://bitcoinops.org/en/tools/calc-size/
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0 sats \ 1 reply \ @Radentor 28 Jul
Dude, stop spreading misinformation/uncomplete data if you don't know what you're talking about. Almost nobody does P2PKH tx these days smh
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10 sats \ 0 replies \ @random_ 28 Jul
Ligma says otherwise.
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0 sats \ 1 reply \ @IamSINGLE 28 Jul
So, this means that if I transfer 1 BTC to my Cold Wallet, it would cost me only 960 Sats?
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0 sats \ 0 replies \ @random_ 28 Jul
Depends on the number of inputs/outputs and script type. But yea, it's independent of amount. Use the calculator.
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