indodax indodax academy glossary poster Miner Fee e1579675874835
Miner fees are fees that need to be paid by the user when sending digital assets from his account to another account. For example, the standard Miner fee on Bitcoin is 0,0001 BTC, paid to the miner to process transactions. The greater the size of the transaction, the greater the time and electricity used to process it. The higher the miner fee, the faster the transaction will be processed. Conversely, the lower the miner fee, the transaction will be processed longer.