How to calculate transaction fees in Bitcoin's network?
Don't overpay!
If you send transactions in Bitcoin, you will should be disappointed speed and price of sending your cryptocurrency.
It's very simple way to avoid high fees and make transaction much cheaper.
Transaction fees depends on loading of blockchain. You can check this data on this site:
https://blockchain.info/pl/unconfirmed-transactions
On the another hand, BTC's blockchain is faster and cheaper, because the loading on this moment is very low - only a few thousands. In difficult moments BTC has a hundred thousands unconfirmed transaction! People will pay even 50 $ for sending money!
https://bitinfocharts.com/comparison/bitcoin-transactionfees.html
Unfortunately, the most common wallets can't adjust a proper fees. It often is higher than needed. To save money, I recommend to use this site:
https://bitcoinfees.earn.com
Under the chart, we have a recommended satoshi per byte fee:
How to apply this method?
For example, I used Ledger Nano S.
Now, key in data from site.
That's everything.
REMEMBER TO USE ALSO SEGWIT ADRESSES TO PAY LESS.