CashApp Bitcoin

[305dayz]

Don’t really know anything about bitcoin. If I want to send bitcoin to wallet I know I have to purchase more than what I want to send to cover fee’s. My question is are there fees on the sending end other than the priority sending fee’s? Thanks .

 

[Joesmoke1]

I believe you’re talking about the “gas fee”, and to answer your question there is only one fee. Now be careful due to fluctuations in the market. I would only buy right before sending funds to minimize the potential loss due to market fluctuations.

 

[Joesmoke1]

Validators have to validate the transaction. That’s where the transaction fee (gas fee) comes in.