What are the factors that affect the gas fee for bitcoin?

1 answers

• puellaexmachinaOct 11, 2022 · 3 years ago
  At BYDFi, we understand that the gas fee for bitcoin transactions can be a concern for users. The factors that affect the gas fee include network congestion, transaction size, and sender priority. However, it's important to note that the gas fee is not something controlled by BYDFi or any specific exchange. It's determined by the overall network conditions and the decisions made by miners. We recommend keeping an eye on the current network congestion and adjusting the gas fee accordingly to ensure timely processing of your transactions.
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