How to calculate Bitcoin transaction fees and how to reduce transaction costs

Bitcoin transaction fees are fees required for transfers in the Bitcoin network and are charged by miners when verifying and publishing transactions.

When conducting Bitcoin transactions in the currency circle, handling fees are inevitable, and the rates of different exchanges also vary. Taking Binance as an example, the one-way fee rate for spot transactions is 1,000 yuan, the contract order fee rate is 1,000 yuan, and the taker order fee rate is 1,000 yuan.

Spot rate

Contract rate

You may not know much about the rate alone Concept, the above picture

Third-party statistics, there may be errors

Third-party statistics, there may be errors There is an error

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