CryptoAlchemist
Sat Sep 07 2024
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7 answers
1507
What is a fee estimate?
Could you please explain what exactly is a fee estimate in the context of cryptocurrency transactions? I understand it has something to do with the cost associated with sending or receiving digital assets, but I'm not entirely clear on how it's calculated and what factors contribute to its variation. Additionally, how important is it to consider a fee estimate when making a transaction, and what potential consequences could arise if it's underestimated or overestimated?
