Txfees updated

In our rush to add the transaction fee as an option, the end result did not turn out to be as efficient or fair as it should have been.

With our latest update, the following changes are now in effect:

- We query bitcoinfees.21.co for their estimate on the lowest BTC/KB fee setting which would confirm a transaction as soon as possible.

- Instead of having to choose a fee for yourself, now you have at hand the cheapest fee in the list which targets the first available block for confirmation.

- The actual fee used is (OUR FEE OFFER) + (YOUR FEE x 3). Our current txfee support is 0.0003 BTC / KB.

- Withdrawals without a fee are no longer grouped together with withdrawals expedited with an extra fee offer.

What are the advantages? You no longer have to guess or pay more transaction fees than needed and quick transactions just became a lot cheaper.

The information in this post may be inaccurate or outdated. Please refer to the BitBargain FAQ for more up to date information.