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66 sats \ 4 replies \ @random_ 28 Jul 2024 \ 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/
So, this means that if I transfer 1 BTC to my Cold Wallet, it would cost me only 960 Sats?
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Depends on the number of inputs/outputs and script type. But yea, it's independent of amount. Use the calculator.
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deleted by author
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Ligma says otherwise.
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