Small Bitcoin Fee: Only 10 Cents for $194 Million on the Bitcoin Network
According to sources, on October 16th, a Bitcoin user managed to transfer 29,999 BTC with a transaction fee of only $0.10. This amount of Bitcoin equates to $194 million, and a transaction of this magnitude would usually incur bank fees in the tens of thousands of dollars. With such a small Bitcoin fee for such a large transaction, will we see widespread adoption for big over-sea payments?
Small Bitcoin Fee
Bitcoin transactions are a funny one. Often, complaints roll in by the dozen about the cost of transaction fees because to clear a transaction on such …
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Posted by Maria Ohle on October 17, 2018 @ https://cryptocurrencynews.com/small-bitcoin-fee-10-cents/?utm_campaign=rss_Bitcoin%20News_ccn&utm_source=rss&utm_medium=rss