I’m trying to pay for something, but it tells me so send PRECISELY and Amount, but what about the Send Fees?

Bitcoin Questions and AnswersCategory: General questionsI’m trying to pay for something, but it tells me so send PRECISELY and Amount, but what about the Send Fees?
Angelo Nielsen asked 1 month ago

Right now im trying to use OnestPay.com to exchange some of my Bitcoin, for PayPal money, but currently im in the situation that i was about to send the amount of bitcoin i needed on OnestPay.com, but then i saw in my wallet sending page, that there was a Fee? Do i ignore this Fee? OnestPay tells me to send precisely the amount of bitcoins described, but will the Fee interfeer with this amount?
Please help me.

2 Answers
Zsofia - 99Bitcoins support Staff answered 1 month ago

Hi Angelo, the transactions fees are paid to the miners in order to validate the transactions on the blockchain. It is payable beyond the money you are sending, you should be able to select in the wallet whether they should deduct the fees from the amount of you are sending or you should pay that from the rest of the balance on the account. You can read more about Bitcoin transaction fees in this article. 

Zsofia - 99Bitcoins support Staff answered 1 month ago

Hi Angelo, the transactions fees are paid to the miners in order to validate the transactions on the blockchain. It is payable beyond the money you are sending, you should be able to select in the wallet whether they should deduct the fees from the amount of you are sending or you should pay that from the rest of the balance on the account. You can read more about Bitcoin transaction fees in this article. 

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