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by boring_twenties 1966 days ago
> Really? My Ledger app says 112 sat/byte, which comes out to $8 for me, and I'm pretty sure they were higher a few weeks ago, when I checked. Am I way overpaying?

Hm, maybe? I think those clients usually just use the average fee paid in recent transactions, which will result in overpayment if everyone else is doing it too.

The real question, "how low can I set the fee and still have my tx confirmed," is given an attempt at an answer by https://fees.watch, which is what I checked -- it showed less than $2 for every speed at the time.

To be honest I don't actually use Bitcoin, but I do use Ethereum regularly and I use this fees.watch site for that. My transactions almost always get confirmed exactly when expected, and it's almost always cheaper than whatever the wallet suggests.

1 comments

Thanks for the site! I set my own transaction fee a few times, resulting in unconfirmed transactions, so that helps!