BlockChain News

Someone sent nearly $ 200 million in Bitcoin by paying only $ 1.89 of the fees, and about 96 % are cheaper than Fiat

A Bitcoin BTC/USD The $ 200 million transactions were completed by paying part of the fees, reaffirming the cost of the cost of Blockchain technology.

What happened: The deal, which is originally broadcast on Bitcoin, on Friday, 2000.05830161 BTC at a value of $ 197.63 million, which requires only $ 1.89 as paid fees for miners, According to To Blockchain.com.

According to Bitinfochart, average treatment expenses On Bitcoin Blockchain was 0.000014 BTC, worth $ 1.42, and decreased sharply during the past week.

It was not immediately clear who started the deal and what is the purpose. However, the larger metric transfers on bitcoin were carried out previously, at a cost of one penny.

In May 2024, a transformation More than one billion Bitcoin costs only $ 7.30 in transactions fees.

See too: The Dog Eleon Musk administration is said to be said to the federal spending process to cut off federal spending –

Why do it matterUsually, such high -value transactions are caused by a greater arrangement when doing it through the FIAT financial system.

International coded money transfers are found to be 96 % cheaper than the old process of sending money abroad, which is precedent a report From Coinbase said.

Wales Vargo, One of the largest banks in America, Fees Fees to send most wires, starting at $ 25. In some cases, receiving fees of $ 15 are also imposed.

Regardless of the costs of costs, the transplants of the cryptocurrency are treated immediately, while international wire transfers may take days depending on the country of the recipient.

Price: At the time of writing this report, Bitcoin BTC/USD He exchanged hands at 99,288.08 dollars, a decrease of 5.02 % in the past 24 hours, according to Data from Benzinga Pro.

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Compliment image: Shutterstock

Market news and data brought to you benzinga Apis

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