# How much should I spend when I send BitCoin to other people using electrum wallet? [duplicate]

The fee displays "Target: Within 10 blocks, Current rate: 2.5 sat/byte" when I use electrum wallet to send BitCoin to other people.

I can't understand completely the means of "Target: Within 10 blocks, Current rate: 2.5 sat/byte" ?

How much should I spend if I send one BitCoin to other people ? Thanks!

I hope you give me the details about how to calculate the fee!

1: The sat is 0.00000001 BTC , right?

2: I send one BTC to other people, how can I know the byte? If I know the byte, I can calculate the fee= byte * 2.5* 0.00000001 BTC

• Thanks! but I still confuse it, Could you tell me how much I should pay if I send one BitCoin to other people? Oct 13, 2018 at 7:51
• tx fees are calculated based on the size of a transaction in vbytes, not by the amount of btc being sent. A transaction with lots of inputs or outputs will cost more than one with only a couple inputs/outputs. Further, transaction fees follow a dynamic market equilibrium, as miners will include the txs which pay them the most at the time (usually calculated in satoshis/vbyte). So there is no generic answer for ‘how much to send one bitcoin’. Oct 13, 2018 at 7:58