How To Calculate Bitcoin Transaction Fees (Important)
2024-12-24T16:41:51+0800

Learn how to buy non-KYC Bitcoin: https://www.bitcoinuniversity.com/courses/76599-the-ultimate-guide-to-bitcoin In this video, I discuss how to calculate a range of possible transaction fees for a given UTXO, and how you can use this estimation to future-proof your BTC holdings against future high fee rates by performing a UTXO consolidation. Consolidating small UTXOs in a low fee environment makes a lot of sense, but you also need to take into account the privacy implications that come with combining UTXOs from different sources. Not investment advice! Consult a financial advisor. Watch this video first: https://www.youtube.com/watch?v=lPIegwOnsKo&ab_channel=BitcoinUniversity Mempool.space: https://mempool.space/ Transaction size calculator: https://bitcoinops.org/en/tools/calc-size/ I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #Bitcoin #fees Disclaimer Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.