I'm considering using Coinflip for some transactions, but I'm not sure if they charge a fee for their services. I want to know if there are any additional costs I should be aware of before using their platform.
5
answers
CryptoPioneerGuard
Wed Feb 19 2025
The
Bitcoin blockchain operates on a unique fee structure.
lucas_taylor_teacher
Tue Feb 18 2025
This fee is not static but fluctuates depending on various factors.
lucas_lewis_inventor
Tue Feb 18 2025
Miners are rewarded with this fee for their role in processing transactions.
StormGlider
Tue Feb 18 2025
CoinFlip, as a service provider, does not intervene in the collection of this fee.
Caterina
Tue Feb 18 2025
Instead, the fee is transferred directly to the miners upon transaction completion.