What are the fees for sending Bitcoin from my Blink wallet to another wallet?

The transaction fees vary depending on the type of transaction, whether it's an on-chain transaction or a Lightning transaction.

For sending Lightning payments, a routing fee is paid by the user, but there are no extra fees applied.

On the other hand, Blink's on-chain transaction fees are composed of three factors:

  1. Miner fee - This fee is paid according to the current mempool state.

  2. Fixed fee - This is a fixed amount of 10,000 sats.

  3. Additional fee - A 0.2% extra fee is charged for transactions above the allowance of 10 million sats LN-onchain imbalance.

Please note that the exact amount of transaction fees may vary depending on the current market conditions and network congestion.

Last updated

Copyright Β© 2024 BBW, S.A. de C.V.