The average cost of sending a Bitcoin transaction is now just a little over $1.

  • I came across some interesting data today from Bitinfocharts that suggests transactions on average cost $1.083. Having a low transaction fee is arguably an important factor to the growing adoption of Bitcoin and it's great to see that the transaction fee has lowered especially after the somewhat high fees after the halvening. I personally still have friends and family that are unaware of the low transaction fees for Bitcoin and are still using platforms that charge much higher than Bitcoin's fee so it's always good to remind those unaware of Bitcoin's transaction fee.

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