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What is a miner fee or transaction fee?

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  • 01/01/1970 2:00 AM

Every cryptocurrency transaction needs to be ‘mined’ by a miner on the corresponding blockchain. Miners are incentivized to process each transaction by the mining fee they will receive for doing so.

CoinDeck offers two fee levels:

  • Regular transaction speed (cheaper): transactions can take up to 24 hours
  • Fast transaction speed (more expensive): transaction can take up to 2 hours

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