Bitcoin fee estimator
Bitcoin fees are priced per byte of transaction data, not per bitcoin sent. Moving $10 and moving $10 million cost exactly the same if the transactions are the same size.
Cost by transaction type
| Transaction | Size | Next block | Within 30 min | Within an hour | No hurry |
|---|---|---|---|---|---|
| Simple send (1 in, 2 out) Legacy P2PKH — the most expensive format. | 141 vB | $0.22 | $0.11 | $0.11 | $0.11 |
| SegWit send (1 in, 2 out) Native SegWit, bech32 address starting bc1q. | 141 vB | $0.22 | $0.11 | $0.11 | $0.11 |
| Taproot send (1 in, 2 out) The cheapest standard format, bc1p addresses. | 111 vB | $0.17 | $0.09 | $0.09 | $0.09 |
| Consolidation (5 in, 1 out) Merging small UTXOs into one. | 350 vB | $0.55 | $0.27 | $0.27 | $0.27 |
What sat/vB means
A satoshi is one hundred-millionth of a bitcoin. A vByte is a unit of transaction weight — SegWit and Taproot transactions carry their signatures in a discounted section, so they weigh less than a legacy transaction moving the same money. Miners sort the mempool by fee rate, so a small transaction paying 20 sat/vB gets confirmed ahead of a huge one paying 5.
Why your wallet quotes more than this
- More inputs. If your balance arrived in twelve small deposits, spending it uses twelve inputs, and the transaction is several times larger.
- Address type. Legacy
1…addresses cost roughly 25% more thanbc1q, and bc1p Taproot is cheaper again. - Safety margin. Most wallets add padding so the transaction still confirms if the mempool fills while it is in flight.
Paying less
- Wait for a quiet window — weekend fee rates are routinely a fraction of weekday peaks.
- Consolidate small UTXOs when fees are low, so you are not forced to do it when they are high.
- Use a wallet that supports RBF: send cheap, bump the fee only if it is taking too long.
- For exchange withdrawals, check whether Lightning is offered. It settles for a fraction of a cent.
Source: mempool.space recommended-fee endpoint, refreshed live in your browser. Dollar figures use the current BTC price from CoinGecko. Estimates, not quotes — your wallet decides the final fee.