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All Posts Tagged “Fees” | SwapSpace Blog

A Hack Resulted in a Record-High $3M Bitcoin Transaction Fee

A Hack Resulted in a Record-High $3M Bitcoin Transaction Fee

29 Nov 2023 ◦ 3 min read
A recent BTC transfer, which was mined in block 818087, has set a new record for the largest-ever transaction fee paid in the 14-year history of Bitcoin . Let’s explore the details of this suspicious transfer and find the reasons behind such a huge amount of the fee paid.  What Happened?  On 23 November, the Bitcoin blockchain re
How to Minimize Crypto Transaction Costs: Tips and Strategies

How to Minimize Crypto Transaction Costs: Tips and Strategies

15 Nov 2023 ◦ 11 min read
When transferring cryptocurrencies between wallets, all existing blockchains charge a fee in the form of a fee, which is a reward for mining or stacking (PoW or PoS). Each network has its own fee policy and it depends on many factors; its number varies throughout the day, and network congestion factors and transaction sizes in bytes are taken i
Which Cryptocurrencies Have the Lowest Transaction Fees?

Which Cryptocurrencies Have the Lowest Transaction Fees?

23 Aug 2023 ◦ 7 min read
While cryptocurrencies have been around for a long time, they are still confusing for many people. The less obvious and common concern about cryptocurrencies is the so-called transaction fees that differ from one coin to another and how to find the cheapest of them.  What is a crypto transaction fee? A crypto transaction fee is essentially

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