What are the fees involved when instantly buying and sending bitcoin?

1 answers

• Mar 15, 2022 · 3 years ago
  When it comes to buying and sending bitcoin instantly, fees are a part of the process. The fees can vary depending on the exchange or platform you use. Some exchanges charge a flat fee per transaction, while others charge a percentage of the transaction amount. It's crucial to be aware of these fees before making a purchase. Moreover, when sending bitcoin, there are network fees to consider. These fees are paid to miners who verify and process transactions on the blockchain. The network fees can fluctuate depending on the network congestion and transaction priority. It's recommended to check the current network fees and adjust your transaction accordingly for a smooth experience.
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