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Currently about 12 cents US.
by sowbug 7y ago
Currently about 12 cents US.
- ricanare 7y ago12 cents is a lot, since it is static regardless of the transaction size. Small transactions at 12 cents fee are ridiculously expensive. You need low fee + 0-conf for small transactions (e.g. BCH). 12 cents is negligible for large transactions, hence why people call it a store of value. And since bitcoin doesn't scale, transaction costs will skyrocket again to crazy transaction fees of 50-100$ easily if it starts being used.
- joshuahedlund 7y agoWhere are you getting this? Why does bitinfocharts.com show a Median transaction fee of $1.85 ?