AnswerBun.com

i have 0.10096 mbtc (0.00010096 BTC) in my btc wallet but when ever i try to send bitcoins it always says your balance is low to pay the fee

Bitcoin Asked by noor siddiq on December 20, 2020

kindly tell me how much fee is charged over 0.1 mbtc as i have this much amount and i want to send it but it always shows this balance is too low to pay charges.

2 Answers

The fees you may pay for a transaction do not depend on the amount to be transferred, but to the transaction size. Transaction size highly depends on the number of inputs and outputs, as well as the type of those.

For example, a normal Pay-to-PubKey-Hash (P2PKH) transaction with a simple input, lets say with the exact amount you referred to (0.00010096 BTC), will pay less fees than a transaction with the same amount but 2+ inputs.

Can it be that you have such amount of bitcoins spread in really small amount transactions?

Answered by sr-gi on December 20, 2020

In preferences you can choose payment urgent normal economy. The fee is bigger if urgent is selected.

Answered by Antonio Lovrinović on December 20, 2020

Add your own answers!

Related Questions

Name of attack where you pay a high fee to block others

2  Asked on October 24, 2021 by m-johnson

 

Configure Bitcoin full node in my local LAN

1  Asked on October 24, 2021 by miltonc

 

missing transaction not received

2  Asked on October 24, 2021 by n-w

 

I received an email that says someone sent me bitcoin

2  Asked on October 24, 2021 by user107566

 

OP_LSHIFT & OP_RSHIFT purpose & functionality

1  Asked on October 24, 2021 by bhala-t-r

 

What is proof-of-work?

3  Asked on October 24, 2021 by dr-haribo

     

How do I get hash to verify transaction?

1  Asked on October 24, 2021 by kriley

     

Blockchain API whitelist all IP addresses

1  Asked on October 24, 2021 by samuel-ralak

     

Error on Centos Minergate Installation

0  Asked on October 24, 2021 by centosminer

   

bitcoin-cli “Could not connect to the server”

1  Asked on October 24, 2021 by user97315

 

Ask a Question

Get help from others!

© 2022 AnswerBun.com. All rights reserved. Sites we Love: PCI Database, MenuIva, UKBizDB, Menu Kuliner, Sharing RPP