Bitcoin Transaction Fees Hit a Record Low Level

[Goodcat49]

Bitcoin transaction fees have fallen to their lowest mark for a year, as Bitcoin Core Fee, a major information source on the cryptocurrency market, posted on its Twitter. The current transaction fee is 1 satoshi per byte to get into the next block.

On March 26, the price for conducting a bitcoin trade has experienced a record low. That means that a transaction could be carried out in less than 10 minutes at the lowest possible price. For instance, to send $10,000 USD via Edge Wallet, which allows you to set custom fees, will cost only 1 satoshi or just $0.01.

Read more: https://coinidol.com/bitcoin-transaction-fees-hit-a-record-low-level/

[Paulomits]

This will help bitcoin continue its market dominance. High transaction fees was one of the reason crypto enthusiasts cited as reasons why bitcoin was not suitable as a means of exchange.