electrum – Why are Paxful transaction charges so low?


Paxful has withdrawal charges, as every other alternate or Bitcoin service that I’m conscious of: sending bitcoin is dear, so will probably be not possible that some firm will ship you btc with out charging a payment.

That is from Paxful Charges webpage:

So Paxful cost you with 0,0004 btc for those who withdraw greater than 20$, which is often greater than you need to pay to ship an ordinary transaction with Electrum.

As a aspect notice I inform you that in the previous couple of days Bitcoin community charges went loopy, a pointy hashrate discount has created an extended queue of pending transactions and despatched commissions to the best degree for 3 years now; so proper now you possibly can pay greater than 0,0004 btc nevertheless it’s a really uncommon case as you possibly can see at this historic chart: https://jochen-hoenicke.de/queue/#BTC,all,rely

Supply hyperlink

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