How to calculate BitPie cold wallet handling fee

BitPie cold wallet fees depend on transaction type and network congestion. There is a network fee for BTC transfers, but there are no additional fees for transfers in other currencies. Network congestion will affect the handling fee. You can estimate the handling fee by following the following steps: open the application, enter the information, and view the estimated handling fee. Network fees for BitPie cold wallets are paid directly to the relevant network for verifying and processing transactions. To lower fees, trade when the network is less congested or use a network with lower fees. Please note that BitPie cold wallets do not charge storage or withdrawal fees.

BitPie cold wallet fee calculation method

BitPie cold wallet fee structure depends on transaction type and network congestion .

Transaction type

• BTC transfer: BitPie cold wallet charges a fixed network fee for BTC transfer, which is provided by the BTC network Sure.
• Other currency transfers: Transfer fees for ERC20, BEP20 and other currencies are determined by the network and there are no additional fees for BitPie cold wallets.

Network congestion

Network congestion will affect transaction processing speed and handling fees. If the network is congested, the handling fee may be higher.

Fees Estimation

You can estimate the transfer fees of BitPie Cold Wallet by following the steps below:

1. Open the BitPie Cold Wallet application .
2. Go to the "Transfers" tab.
3. Enter the receiving address, transfer amount and currency.
4. The app will display the estimated handling fee.

Network fee

The network fee for BitPie cold wallet will be paid directly to the BTC network or other related networks. These fees are used to verify and process transactions.

Tip

• In order to reduce handling fees, you can conduct transactions when the network is less congested.
• You can further reduce costs by using other networks with lower or adjustable fees.
• Please note that BitPie cold wallet does not charge users any storage or withdrawal fees.

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