How to Set The Bitcoin Transfer Fee (Quick Guide) by tipu

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bitcoin · @tipu · Sep 9 '17

$7.89

How to Set The Bitcoin Transfer Fee (Quick Guide)

#### Hi there!
####
If you're sending Bitcoins and you don't know what fee to set - here's the most simple and easy way to set it right.
####
#### 1. Go to: https://btc.com/stats/unconfirmed-tx
#### 2. Check the number on the top of the screen - this is your best fee :)
####
Now some explanation. Here's how the https://btc.com/stats/unconfirmed-tx website looks like:
![1.png](https://steemitimages.com/DQmXaQB2q6nkwEdGbYQx9CcbkMmDhGKZ43wM6SrGA2aF77L/1.png)
####
This is the **current fee distribution** in the Bitcoin network. The colours represent how much time transactions with the selected fee need to be processed.
####
On the screenshot you can see that currently almost all transactions have fee below 20 Satoshis per byte. So if you set it to 40 or at least 21 - **your transaction will have priority** over almost all other transactions that are currently waiting to be processed. Easy :)

---

#### Other useful Bitcoin posts:
[How To Check Bitcoin Transfer Speeds](https://steemit.com/bitcoin/@tipu/how-to-check-bitcoin-transfer-speeds-and-how-busy-the-bitcoin-network-is)
[TradeBlock - Awesome Live Bitcoin Blockchain Viewer](https://steemit.com/bitcoin/@tipu/tradeblock-awesome-live-bitcoin-blockchain-viewer)

---

#### @tipU - steemit tipping service, more info: [@tipU quick guide](https://steemit.com/steemit/@tipu/tipu-quick-guide)

👍 minnowbooster, ripperone, tipu, leongkhan, danbain, holbein81, cryptoeagle, hwantag, nightshift1134, kardevis, nicnicy, strangerarray, happyhousewife, bereginja-steem, cardboard, barton26, ardian27, andersrh, haiyangdeperci, dsatria, michael.collett, upgoat, avengys, alinakalach, leichenvera, erzyl, maxsila, annapolit, histiakov, fabioborgogno, pml2020, shovonbd, jahangirbalti, pydud, ragabnasr, cudiv, zoicneo, kasou80, berez, culkovnich, fabio26, bescouted, marispant, anthonyho, lady.parmaneva, volkova77, mychk, kvichkaya, rostorosto, keccert, monitaarvianti, bero, hesawtui, davidsons, freddiemorton, moybemulli, stonekennedy, sames, yudhie, hannh, jasta, kendall2, lmusa, juanmallorca, and 43 others

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@a-alice · Sep 10 '17

Thanks for sharing :D

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@alishannoor · Sep 11 '17

great tips nice keep hard work  man

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@andersrh · Sep 10 '17

Recently I have sent a lot of transactions of 5 and 10 sat/B which got confirmed in the next block. If your transaction is not urgent, please set a low fee. I don't understand why some people set a fee of 600 sat/B. It's not necessary right now.

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@asmaasema · Sep 13 '17

Realy very hepful post.. My greeting dear :)

👍 kilvin, nikato

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@bangmimi · Sep 23 '17

@tipu you are the best and different with other

i'm Vote and following you beucause it's useful, terimakasih kawan

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@bugavi · Oct 1 '17

tip

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@ca-life · Sep 9 '17

Thanks for sharing... Love it.

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@caldz10 · Sep 21 '17

thnks for the tip! :)

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@carolinauviedo · Sep 12 '17

excelente!

👍 carolinauviedo

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@cryptoeagle · Sep 10 '17

$0.44

Thanks for the info, most wallets dont calculate this right

👍 good-karma, cryptoeagle, bitcoiner, andersrh, esteemapp, swisswatcher, feruz, meysam, bounties, steempoll, demo, tipping, mysteem, linda-rose

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@faisalking · Sep 28 '17

Nice post @tipu, thank you for sharing

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@fernwehninja · Sep 19 '17

thank you for the useful info and for updating us, special mention you on my latest post https://steemit.com/steemit/@fernwehninja/post-booster-to-help-you-earn-extra-bucks-compilation-with-filipino-translation i wish you can drop :))

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@i-steem · Sep 26 '17

Nice info @tipu plz follow me and upvote my post if you like. I will be very grateful

👍 i-steem

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@isteemithard · Sep 26 '17

Interesting info @tipu will check this out, @marketanalysis what do you think of this method?

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`permlink`	re-tipu-how-to-set-the-bitcoin-transfer-fee-quick-guide-20170926t053731172z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"users":["tipu","marketanalysis"],"app":"steemit/0.1"}
`created`	2017-09-26 05:37:30
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`percent_hbd`	10,000
`post_id`	15,951,816
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@itzikuna · Sep 13 '17

Thanks for the 100sbd

properties (22)

`author`	itzikuna
`permlink`	re-tipu-how-to-set-the-bitcoin-transfer-fee-quick-guide-20170913t151951058z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit/0.1"}
`created`	2017-09-13 15:19:54
`last_update`	2017-09-13 15:19:54
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`cashout_time`	1969-12-31 23:59:59
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`root_title`	"How to Set The Bitcoin Transfer Fee (Quick Guide)"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	14,771,147
`net_rshares`	0

@auraculus · Sep 20 '17

? I want 100sbd how did you get that?

properties (22)

`author`	auraculus
`permlink`	re-itzikuna-re-tipu-how-to-set-the-bitcoin-transfer-fee-quick-guide-20170920t002134811z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit/0.1"}
`created`	2017-09-20 00:21:36
`last_update`	2017-09-20 00:21:36
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`children`	0
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`cashout_time`	1969-12-31 23:59:59
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`root_title`	"How to Set The Bitcoin Transfer Fee (Quick Guide)"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	15,374,181
`net_rshares`	0

@jonas160 · Sep 14 '17

Thanks a lot @tipu for your tip

properties (22)

`author`	jonas160
`permlink`	re-tipu-how-to-set-the-bitcoin-transfer-fee-quick-guide-20170914t063336204z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"users":["tipu"],"app":"steemit/0.1"}
`created`	2017-09-14 06:33:42
`last_update`	2017-09-14 06:33:42
`depth`	1
`children`	0
`last_payout`	2017-09-21 06:33:42
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
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`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	31
`author_reputation`	1,402,607,389,289
`root_title`	"How to Set The Bitcoin Transfer Fee (Quick Guide)"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	14,833,991
`net_rshares`	0

@minnowbooster · Sep 9 '17

$0.03

@minnowbooster upvoted this post!

![@tipu got you a $5.42 @minnowbooster upgoat, nice!](http://minnowshares.net/upgoat/?user=tipu&receiver=tipu&value=5.42&hash=121)
*@tipu got you a $5.42 @minnowbooster upgoat, nice! (Image: pixabay.com)*
---
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👍 pal

`author`	minnowbooster
`permlink`	comment-1504999161452
`category`	bitcoin
`json_metadata`	""
`created`	2017-09-09 23:19:21
`last_update`	2017-09-09 23:19:21
`depth`	1
`children`	0
`last_payout`	2017-09-16 23:19:21
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.026 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	337
`author_reputation`	230,546,282,483,083
`root_title`	"How to Set The Bitcoin Transfer Fee (Quick Guide)"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	14,402,204
`net_rshares`	10,209,874,248
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
pal	0 B		10,209,874,248	0.05%

@monitaarvianti · Sep 10 '17

thanks for the information.
I'm new in steemit, please input from senior @

properties (22)

@praise-eu · Sep 19 '17

Thanks for coming my way. Steem on.

properties (22)

`author`	praise-eu
`permlink`	re-tipu-how-to-set-the-bitcoin-transfer-fee-quick-guide-20170919t191811162z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit/0.1"}
`created`	2017-09-19 19:18:09
`last_update`	2017-09-19 19:18:09
`depth`	1
`children`	0
`last_payout`	2017-09-26 19:18:09
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	35
`author_reputation`	44,842,742,331,249
`root_title`	"How to Set The Bitcoin Transfer Fee (Quick Guide)"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	15,356,525
`net_rshares`	0

@ragabnasr · Sep 9 '17

Thank you for your easy tip

properties (22)

`author`	ragabnasr
`permlink`	re-tipu-how-to-set-the-bitcoin-transfer-fee-quick-guide-20170909t231911899z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit/0.1"}
`created`	2017-09-09 23:19:15
`last_update`	2017-09-09 23:19:15
`depth`	1
`children`	0
`last_payout`	2017-09-16 23:19:15
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	27
`author_reputation`	13,973,462,120
`root_title`	"How to Set The Bitcoin Transfer Fee (Quick Guide)"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	14,402,198
`net_rshares`	0

@steemitboard · Sep 15 '17

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properties (22)

`author`	steemitboard
`permlink`	steemitboard-notify-tipu-20170915t134115000z
`category`	bitcoin
`json_metadata`	{"image":["https://steemitboard.com/img/notifications.png"]}
`created`	2017-09-15 13:41:15
`last_update`	2017-09-15 13:41:15
`depth`	1
`children`	0
`last_payout`	2017-09-22 13:41:15
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	682
`author_reputation`	38,975,615,169,260
`root_title`	"How to Set The Bitcoin Transfer Fee (Quick Guide)"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	14,968,606
`net_rshares`	0

@steemitboard · Sep 18 '17

Congratulations @tipu! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

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properties (22)

`author`	steemitboard
`permlink`	steemitboard-notify-tipu-20170918t234141000z
`category`	bitcoin
`json_metadata`	{"image":["https://steemitboard.com/img/notifications.png"]}
`created`	2017-09-18 23:41:39
`last_update`	2017-09-18 23:41:39
`depth`	1
`children`	0
`last_payout`	2017-09-25 23:41:39
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	678
`author_reputation`	38,975,615,169,260
`root_title`	"How to Set The Bitcoin Transfer Fee (Quick Guide)"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	15,274,760
`net_rshares`	0

@steemitboard · Sep 24 '17

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properties (22)

`author`	steemitboard
`permlink`	steemitboard-notify-tipu-20170924t032408000z
`category`	bitcoin
`json_metadata`	{"image":["https://steemitboard.com/img/notifications.png"]}
`created`	2017-09-24 03:24:06
`last_update`	2017-09-24 03:24:06
`depth`	1
`children`	0
`last_payout`	2017-10-01 03:24:06
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	678
`author_reputation`	38,975,615,169,260
`root_title`	"How to Set The Bitcoin Transfer Fee (Quick Guide)"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	15,758,950
`net_rshares`	0

@steemitboard · Sep 24 '17

Congratulations @tipu! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

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properties (22)

`author`	steemitboard
`permlink`	steemitboard-notify-tipu-20170924t135156000z
`category`	bitcoin
`json_metadata`	{"image":["https://steemitboard.com/img/notifications.png"]}
`created`	2017-09-24 13:51:54
`last_update`	2017-09-24 13:51:54
`depth`	1
`children`	0
`last_payout`	2017-10-01 13:51:54
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	682
`author_reputation`	38,975,615,169,260
`root_title`	"How to Set The Bitcoin Transfer Fee (Quick Guide)"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	15,796,302
`net_rshares`	0

@steemitboard · Sep 25 '17

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properties (22)

`author`	steemitboard
`permlink`	steemitboard-notify-tipu-20170925t152254000z
`category`	bitcoin
`json_metadata`	{"image":["https://steemitboard.com/img/notifications.png"]}
`created`	2017-09-25 15:22:54
`last_update`	2017-09-25 15:22:54
`depth`	1
`children`	0
`last_payout`	2017-10-02 15:22:54
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	692
`author_reputation`	38,975,615,169,260
`root_title`	"How to Set The Bitcoin Transfer Fee (Quick Guide)"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	15,896,390
`net_rshares`	0

@steemitboard · Sep 27 '17

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properties (22)

`author`	steemitboard
`permlink`	steemitboard-notify-tipu-20170927t194459000z
`category`	bitcoin
`json_metadata`	{"image":["https://steemitboard.com/img/notifications.png"]}
`created`	2017-09-27 19:44:57
`last_update`	2017-09-27 19:44:57
`depth`	1
`children`	0
`last_payout`	2017-10-04 19:44:57
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	687
`author_reputation`	38,975,615,169,260
`root_title`	"How to Set The Bitcoin Transfer Fee (Quick Guide)"
`beneficiaries`	`[]`
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`percent_hbd`	10,000
`post_id`	16,114,410
`net_rshares`	0

@steemitboard · Sep 30 '17

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properties (22)

`author`	steemitboard
`permlink`	steemitboard-notify-tipu-20170930t212035000z
`category`	bitcoin
`json_metadata`	{"image":["https://steemitboard.com/img/notifications.png"]}
`created`	2017-09-30 21:20:33
`last_update`	2017-09-30 21:20:33
`depth`	1
`children`	0
`last_payout`	2017-10-07 21:20:33
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	678
`author_reputation`	38,975,615,169,260
`root_title`	"How to Set The Bitcoin Transfer Fee (Quick Guide)"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	16,412,654
`net_rshares`	0

@younesshilal · Sep 20 '17

thanks for information !! <3

properties (22)

`author`	younesshilal
`permlink`	re-tipu-how-to-set-the-bitcoin-transfer-fee-quick-guide-20170920t144313280z
`category`	bitcoin
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`created`	2017-09-20 14:43:12
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`total_payout_value`	0.000 HBD
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`body_length`	28
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`root_title`	"How to Set The Bitcoin Transfer Fee (Quick Guide)"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	15,429,219
`net_rshares`	0

@zachjohn · Sep 23 '17

A very useful article @tipu. Hope to read more from you

properties (22)