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How to save on bitcoin transaction fees | mempool.space

You can use the bitcoin mempool to accurately predict with very high confidence what bitcoin fees to pay, and in this video, we explain how to do so. You start by looking at the next 6-8 blocks expected fees and the range of accepted transaction fees. Then, you look at the consistent average and you'll be able to estimate a reasonable fee to pay. Many wallets way overpay in fees and so we hope this helps you save those precious satoshis. You can also access the Mempool app on your Umbrel node. Check out our other video on how to build your own bitcoin node. Thanks for checking out our channel and supporting Catallaxy Cache. More to come in future videos, including lightning channel guides, earning yield on your Bitcoin with Pool, syncing external wallets with Umbrel, and more! Thanks for checking out our channel and supporting Catallaxy Cache. Don't forget to subscribe if you want to get notifications when we release new videos! ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Check Out Our Site: https://www.cachemoney.io Support the Channel: https://linktr.ee/valuestack ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Leave a comment below with your thoughts! #mempool​ #umbrel​ #bitcoin