Adjustable BTC Minimum Deposit Fee Framework
Last updated
Last updated
Considering the inherent volatility in Bitcoin's mining charges, we have migrated from a static model to an adaptive Bitcoin minimum deposit fee structure. Under this structure, we assume the responsibility of all Bitcoin mining costs, hence isolating the merchant to merely a nominal deposit fee.
The Bitcoin minimum deposit fee is contingent on the median transaction cost from the previous week. The ensuing table provides a schematic representation of the price intervals and the pertinent minimum deposit fee.
| Avg transaction fee in USD | Min deposit fee in USD | |
|---|---|---|
In an effort to streamline our communication process, notifications regarding any changes in fees will be disseminated on a weekly basis, provided there is a change. If the fee remains unaltered, the notification will not be issued.
The average transaction fee rates can be verified at: https://www.blockchain.com/charts/fees-usd-per-transaction
From
To
0
6
0.6
6
12
1.2
12
20
2
25
30
3
30
40
4
40
50
5
50
70
7
70
100
10
100
200
20
200
300
30
300
400
40
400
500
50
500
1000
100