Cryptocurrency Q&A
Why is Bitcoin so expensive to transfer?
Why is Bitcoin so expensive to transfer?
VoyagerSoul
Sat Mar 30 2024
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7 answers
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I'm a bit confused about Bitcoin. Why is it so expensive to transfer? It's just digital currency, isn't it? Shouldn't the cost be minimal?
7 answers
Carlo
Mon Apr 01 2024
Cryptocurrency transactions consist of data, which is measured in bytes.
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Leonardo
Mon Apr 01 2024
Transactions with higher values, typically involving more bitcoins, naturally consume more data.
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SsamziegangSerenadeMelodyHarmonySoul
Sun Mar 31 2024
BTCC, a UK-based cryptocurrency exchange, offers efficient and cost-effective transaction services.
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Carolina
Sun Mar 31 2024
Consequently, these larger transactions require higher transaction fees.
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Rosalia
Sun Mar 31 2024
However, the relationship between transaction size and fees is not entirely straightforward.
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