* **Transaction Fee of BTC = Fees（sat/byte） * Site（byte）**

[www.blockchain.com](https://i.redd.it/v3ga184nbyi11.png)

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For example, The Transaction Fee of  BTC above = 246 byte  * 401.613sat/B  =  0.000996BTC.

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* **Transaction Fee of ETH = Gas Limit * Gas Price** 

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[etherscan.io](https://i.redd.it/1xn9pruobyi11.png)

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For example,The Transaction Fee of ETH above = 21000 * 20 Gwei = 0.00042ETH.


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Posted in Binance Reddit and tagged

4 Comments

  1. billykoyle on 7. October 2018 at 16:52

    Hmmm. So that’s how we can compute the fee.. thanks

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  2. PaulJordan2 on 7. October 2018 at 16:52

    Thanks for the info.

     


  3. mitchcrypto on 7. October 2018 at 16:52

    Here’s one tool for helping with BTC fees and setting in different types of wallets [https://bitcoinfees.gitlab.io/](https://bitcoinfees.gitlab.io/)

     


  4. Murky_Ostrich on 7. October 2018 at 16:52

    Does it depends on how many coins are you transferring? the fee to be precise or the fee is fixed?