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belgianbitcoiner | 1 years ago (raw) | export | reply | flag +3 
 GM fam.

Let’s start the day with me being dumb. Tbh I don’t really understand this app.

Lets say I’d want to transfer my btc from #Relai to another wallet, I pay a fee (totally normal)

The example given on the Relai website is the following:

The transaction fee is always displayed in Sats/vB. This means Satoshi per byte. So if a transaction has e.g. 1300 bytes, the following is calculated with a transaction fee of 50 Sats/vB: 50 * 1300 = 65’000 Satoshis (0.00065000 BTC)

But how can I know the size of my transaction?

#asknostr #help #grownostr https://cdn.nostr.build/i/36ecc860510b9e246900bd22e553f9b37e157edf033e1ba9f4f20d495c7b568c.jpg
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belgianbitcoiner | 1 years ago (raw) | root | parent | reply | flag 
 #btc #bitcoin #studybitcoin #askaboutbitcoin
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belgianbitcoiner | 1 years ago (raw) | root | parent | reply | flag +1 
 Oh okay, makes sense. But I’m sure you should be able to see the fee before you make the transaction? Now I haven’t gone through the whole process of sending #btc from my #relai wallet to the other adress, but I’m sure it should be visible in that app? Right? @Relai 🇨🇭
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belgianbitcoiner | 1 years ago (raw) | root | parent | reply | flag +1 
 But you should see the total fee once you’re ready to click “confirm”? Right?

For instance on the crypto dot com app, the fee is shown before completing the transaction. But that’s another story hehe