Adjustable BTC Minimum Deposit Fee Framework

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

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

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

Last updated