Bitcoin Transaction Fees and UTXO Management

Therefore you want to reduce the number of UTXOs you have while being mindful of the privacy concerns.

Lightning Transaction fees are calculated differently: based on the amount in sats sent. Opening lightning channels when fees are low can enable you to save money in the future when fees rise. 🤙

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The content above provides education as to general privacy and security practices when using bitcoin. Should you choose to apply the practices described in linked content with bitcoin you own now or may purchase in the future, you do so at your own risk and I shall in no event be liable for any financial loss suffered. Nothing shall be construed as providing consulting, financial advice or general advice as to securing bitcoin.