The use of any digital asset network Bitcoin, Ethereum, etc. This fee does not go to Ethereum cost per transaction, but is paid ethereum cost per transaction the network to ensure transactions are delivered reliably and quickly. Digital asset networks require a small fee to make it hard for any one user to flood the network with junk transactions causing others to have to wait.
If sending transactions were free, one bad user could damage the network speed and reliability for everyone. Popular networks are crowded and thus more expensive. Today, Bitcoin is the most popular network and has the highest fees of any digital asset supported by Exodus. Bitcoin fees are calculated on the amount of traffic the network currently has and the size in bytes of the transaction. A transaction's size is dictated by the number of inputs and outputs.
The more inputs you have, ethereum cost per transaction more expensive the transaction. One of the easiest ways to think about this is with change and dollars.
One dollar is the same as pennies, however, it requires more work to count pennies and give it to someone for payment than it does to hand over a one dollar bill. Bob receives a payment of 1 bitcoin once. Both Alice and Bob now have a 1 bitcoin balance. If Alice and Bob now try to send 1 bitcoin, Alice will have a much larger fee than Bob.
Bob who just has 1 input. This is similar to a person who tries to spend pennies vs. Both have the same value, but the pennies are much harder to count, and it takes a lot longer to count them and make ethereum cost per transaction transaction. Exodus tracks changes in the Bitcoin network and adjusts the fees accordingly using the dynamic pricing model from: Exodus does not keep any portion of this fee.
We have done extensive testing over the years to ethereum cost per transaction sure bitcoin transactions are delivered the fastest way possible. Because Exodus prioritizes speed and reliability over low fees, Exodus will always dynamically set the best price to deliver your transactions as fast as possible.
This may be worth checking out to learn more about Bitcoin fees: Ethereum has a different fee calculation, based on the type of transaction being sent: You will pay a larger fee if sending to a 'smart contract' address, or if sending an ERC20 Ethereum based token. More info on Ethereum and ERC20 token transaction fees can be found here: If being able to manually set a low fee is important to you, Exodus is not a good software choice and ethereum cost per transaction encourage you to use other bitcoin wallets.
The good news is there are a lot of highly technical BTC wallets much better than Exodus in this regard. With the current market reach of Ethereum cost per transaction, and the nature of our community's user-base, this will not be a focus for our wallet anytime soon.
If you receive small payments over time from a mining contract, you are like Alice in ethereum cost per transaction above example section: When you send these dozens of small inputs, the Bitcoin network requires these inputs be smushed together and batched into one payment, which takes up data on the blockchain.
The fees on these transactions are far higher than those for sending a more reasonable, input transaction. In a few cases, the fee required to send your Bitcoin is even higher than your Bitcoin balance. Does Exodus have fees to send or receive? How does Exodus calculate fees? Ethereum cost per transaction receive BTC mining payouts. Why are my fees so high? Last updated on April 11,
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