Coinme's crypto blog.
Nov. 16, 2022
In light of recent events in our industry this month, we wanted to address our stance on the issue and reiterate the steadfast commitment we make to our customers.
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Coinme is turning seven in May. Looking back over those seven years, we wanted to reminisce some of our key milestones.
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Understanding Bitcoin Network Fees
Bitcoin network fees, or bitcoin mining fees, refer to a sum that is charged to complete a bitcoin transaction. These bitcoin fees are tacked onto the amount that the sender inputs and added to the total transaction amount. Like the bitcoin network itself, bitcoin fees are dynamic. When the bitcoin network gets busy, or when there are more transactions happening, the bitcoin network fees increase.
Bitcoin Giving
Whether you are feeling good about the recent bitcoin market gains, or just generally feeling the giving-back vibe of the holiday season — there are plenty of ways to donate bitcoin to great charities and nonprofit organizations.
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