Litecoin transaction fee calculator
You can see this 10 seconds via the white bar that loads under the rate. We get this question a lot. The short answer is that in order to offer our users a rate without slippage, we have to purchase a certain amount down the order book this amount down we purchase is how we determine our deposit limit.
The rate is calculated from the average of all of the sells that we purchase down to that number. The closer to the limit you purchase, the more in your favor the rate is. Want to get a better rate? Check out this blog post or continue reading. Although we are working to update our site so that it auto-calculates these numbers for our users, it's still pretty easy to quickly crunch the numbers.
All you need to do is take the amount of the depositing coin you are planning on sending and multiple it by the rate. So in the case with our Bitcoin to Litecoin transaction mentioned above, let's say we were planing on depositing.
THEN, you need to remove the miner fee for the Litecoin. The miner fee for Litecoin is. So you then would subtract:. And the amount you would receive is: The miner fee you subtract from your calculations is whatever the miner fee for the coin you are wishing to receive is.
See a list of static miner fees in the below image. You can see a list of updated miner fees here, on our About page. The answer to this is, yes. With our specific amount feature, you can receive better rates on most of the coin pairs. The way this feature works, you tell us how much of the recieveing coin you would like to get before we give you a deposit address.
In the below example, we would like to do a Bitcoin to Digibyte exchange. The median is the most commonly seen byte size of transactions in the last several blocks. Also provided in the same part of the page is a recommended fee for fast confirmation. If you multiply these two values together, you'll get the total fee to pay. The number displayed on bitcoinfees. To convert between the two, you can divided the satoshi value by million ,, or 1e8 on a scientific calculator.
If you enter the fixed fee described above into a per-byte field, you'll probably pay more than times more fee than necessary. Instead enter the bitcoinfees. Bitcoin Transactions and Fees. How do I calculate my transaction fee? If you are interested in how those numbers are