All Collections
MyMonero FAQ
Monero and Transaction Fees
Monero and Transaction Fees

Transaction Fees, Costs, Mining Fees

Written by Admin
Updated over a week ago

When sending a transaction, you need to factor in transaction fees.

These fees are created due to the mining process involved in cryptocurrency.

We do no control or calculate these miner's fees, they vary depending on the value of the transaction.

The wallet will show you the amount that you require to complete the transaction, factor in the transaction fees when entering the amount you would like to send.

Did this answer your question?