Bitcoin Transaction Fees Hit a Record Low Level

in #bitcoin7 years ago

Bitcoin transaction fees have fallen to their lowest mark for a year, as Bitcoin Core Fee, a major information source on the cryptocurrency market, posted on its Twitter. The current transaction fee is 1 satoshi per byte to get into the next block.

On March 26, the price for conducting a bitcoin trade has experienced a record low. That means that a transaction could be carried out in less than 10 minutes at the lowest possible price. For instance, to send $10,000 USD via Edge Wallet, which allows you to set custom fees, will cost only 1 satoshi or just $0.01.

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