How to Check Median BTC and BCH Transaction Fees
A little over a year ago, our web portal launched a new market cap aggregator, Markets.Bitcoin.com, which showcases the top 500 cryptocurrency market valuations. More recently we’ve added some great data to Markets.Bitcoin.com so people can get information on not only the price of their favorite coins, but also real-time charts featuring transactions per day, 24-hour volume, and the current number of coins in circulation.Also Read: Bitcoin Cash Devs Publish the First 3 of 3 Multi-Sig Schnorr TransactionLast year, we launched a webpage that hosts the top 500 cryptocurrency market valuations in real-time. Markets.Bitcoin.com is a colorfully themed market cap aggregator that features the top performing cryptocurrency prices and market data. The page is quite different to most market cap websites because you don’t have to refresh the page all the time in order to get real-time prices.Markets.Bitcoin.com is also very simple to use, making navigation effortless while the eloquently designed interface is easy on the eye. Our market cap aggregator can also be viewed in both daylight and night mode depending on your preference. And speaking of preferences, you can also filter crypto prices by your favorite coins as well by marking them with a heart for ease of reference.You can also highlight a specific cryptocurrency by clicking on an individual asset and it will direct you to a page that shows the digital asset’s price chart. Markets.Bitcoin.com features professional charts that can be toggled with different chart properties, timeframes, full-screen mode, and you can even save the chart layout. The coin’s page will also show you all kinds of statistics with charts that include price, capitalization, 24-hour trade volume, and daily transactions. There’s other stats as well, like the type of algorithm the coin uses alongside the different proof types. Markets.Bitcoin.com also highlights the supply data, which is a record of the number of units in existence either through mining or issuance. The website also displays exchanges that are trading the coin and how much trade volume they are processing.In addition to these features, BCH and BTC users can quickly access the Bitcoin.com block explorer if they want to search for a block or transaction on either chain. Moreover, the markets aggregator has direct links so you can quickly purchase BCH, ETH, and BTC in a matter of minutes. Markets.Bitcoin.com was built for cryptocurrency enthusiasts by developers who are very passionate about the space and they understand the importance of reliable market data. With detailed data, charts, and price quotes from various coins, Markets.Bitcoin.com is sure to please newcomers and crypto veterans alike.With tools like Markets.Bitcoin.com, our web portal continues to grow and we’re excited to reveal many more resources that help progress economic freedom. Bitcoin.com already provides a newsdesk, podcasts, widgets, charts, merchants solutions, educational resources and so much more.Moreover, our noncustodial wallet has seen more than 4 million wallet creations since we launched the light client two years ago. Markets.Bitcoin.com aligns with our other tools and resources in providing top of the line real-time data to billions of people across the planet. So if you’re tired of those boring market cap aggregators that need to be refreshed every few minutes, check out Markets.Bitcoin.com today.What do you think about Markets.Bitcoin.com? Let us know your thoughts about the market cap web page in the comments below.Images via Shutterstock, and Markets.Bitcoin.com.Want to create your own secure cold storage paper wallet? Check our tools section. You can also enjoy the easiest way to buy Bitcoin online with us. Download your free Bitcoin wallet and head to our Purchase Bitcoin page where you can buy BCH and BTC securely. On June 4, Bitcoin.com is launching a peer-to-peer marketplace called Local.Bitcoin.com that will allow users from around the world to… read more. Today we're celebrating a milestone as the Bitcoin.com Wallet has seen a whopping 4 million wallets created since the light… read more. Bitcoin.com is your premier source for everything Bitcoin-related. We can help you buy bitcoins and choose a bitcoin wallet. You can also read the latest news, or engage with the community on our Bitcoin Forum. Please keep in mind that this is a commercial website that lists wallets, exchanges and other Bitcoin-related companies.
Transaction fees are the cost that cryptocurrency users have to bear in order to keep the system going. Fees can vary significantly between networks and it is important to be able to check this before you decide which cryptocurrency to use for making your digital payments.Also Read: Bitcoin Cash Upgrade and 30K Stores Accepting BCH in the Weekly Update From Bitcoin.comBitcoinfees.cash is a website which tracks the median transaction fees for both bitcoin core (BTC) and bitcoin cash (BCH). The site displays the current median transaction fees alongside one another as well as a graph of historical median BTC and BCH transaction fees.The median fees listed on the site are based on the past week of transaction data sourced from a few API providers. The live fee data is updated about every 10 minutes and the historical charts are updated weekly.Note that each coin has a different reference point as BTC fees are orders of magnitude more expensive than those for BCH. For example, the current median fee for BTC is $1.72, which is over 1,500 times higher than the current median fee BCH of just $0.0011.The website offers an explanation for anyone out of the loop as to why BTC fees are so expensive compared with BCH and examines why they can skyrocket during times of congestion, as has happened in the past when many new users entered the market and were daunted by BTC’s high network fees.What do you think about current BTC and BCH transaction fees? Share your thoughts in the comments section below. Images courtesy of Shutterstock.Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Bitcoin.com Markets, another original and free service from Bitcoin.com. Cryptocurrency ATMs are a convenient way to get your hands on digital assets without opening an account with an exchange.… read more. Every year on May 22, the cryptocurrency community marks this day in 2010 when Laszlo Hanyecz purchased two pizzas for… read more. Avi Mizrahi is an economist and entrepreneur who has been covering Bitcoin as a journalist since 2013. He has spoken about the promise of cryptocurrency and blockchain technology at numerous financial conferences around the world, from London to Hong-Kong.
Source from : News.bitcoin
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