NebulaSoul
Thu Jul 18 2024
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6 answers
1430
How do I determine the optimal feerate for my next bitcoin transaction?
Could you elaborate on how one can determine the optimal feerate for a Bitcoin transaction? Given the dynamic nature of the blockchain and its congestion levels, how does one assess the ideal fee to ensure timely confirmation while also minimizing costs? Is there a specific tool or service that you recommend for estimating the optimal feerate? Additionally, are there any other factors that should be considered in making this decision, such as the size of the transaction or the current market conditions? I'd appreciate any insights or advice you can provide on this matter.
