Are there any fees associated with using Wasabi Wallet's CoinJoin feature?

5 answers

• May 05, 2022 · 3 years ago
  Yes, there are fees associated with using the CoinJoin feature in Wasabi Wallet. The fees are determined by the network congestion and the size of the transaction. Generally, the fees range from a few cents to a couple of dollars. It's important to note that these fees are not collected by Wasabi Wallet, but are paid to the miners who process the transactions on the Bitcoin network.
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• May 05, 2022 · 3 years ago
  Absolutely! When you use the CoinJoin feature in Wasabi Wallet, you can expect to pay a small fee. The fee is necessary to incentivize miners to include your transaction in the blockchain. The exact amount of the fee can vary depending on the current network conditions, but it is typically quite reasonable.
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• May 05, 2022 · 3 years ago
  Yes, there are fees associated with using the CoinJoin feature in Wasabi Wallet. However, the fees are relatively low compared to other privacy-focused services. Wasabi Wallet aims to provide a cost-effective solution for users who want to enhance their privacy while minimizing transaction costs. The fees are transparent and can be viewed before confirming the transaction.
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• May 05, 2022 · 3 years ago
  Using CoinJoin in Wasabi Wallet does come with fees, but they are generally quite low. The fees are necessary to ensure the smooth operation of the Bitcoin network and to incentivize miners to include your transaction in a block. The exact amount of the fee can vary depending on the size of the transaction and the current network congestion, but it is usually a small fraction of the total transaction amount.
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• May 05, 2022 · 3 years ago
  BYDFi, a popular decentralized exchange, also offers a CoinJoin feature with its native wallet. The fees associated with using CoinJoin in BYDFi Wallet are similar to those in Wasabi Wallet. The fees are determined by the network congestion and the size of the transaction. It's important to compare the fees and features of different wallets to choose the one that best suits your needs.
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