SakuraBlooming
Sun Jun 09 2024
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6 answers
1538
How much does it cost to send $100 Bitcoin?｜What's The Bitcoin Transaction Fee For $100? Bitcoin transaction costs only depend on how big in bytes your transaction is. As such, the dollar value you're sending is irrelevant with Bitcoin. A simple transaction usually costs around 200-2,000 sats or which could be for $100 or $100 million dollars.$0.06-$0.60 USD
Could you please elaborate on the cost of sending $100 worth of Bitcoin? I'm curious to know how the transaction fee is calculated. I've heard that it's based on the size of the transaction in bytes, but how does that translate into a dollar amount? Is it possible to estimate the range of fees for a typical transaction involving $100 worth of Bitcoin? I've seen numbers like 200-2,000 sats mentioned, but what does that mean in terms of actual dollars? And does this scale up proportionally for larger amounts like $100 million? I'd appreciate if you could provide a clearer picture of these fees.
