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Transaction fees are paid to miners by the sender of a transaction. This money rewards miners for the work they do in putting transactions into a specific order and adding them to new blocks to be added to the list of transactions known as the blockchain.

3 votes
2 answers
8k views

Should I include the fee in the sent bitcoin amount?

I'm using Electrum and want to purchase something with Bitcoins. When I get to the bitpay screen with all the details (And the timer) I input the information into the electrum client, which then gener …
Barxjarx's user avatar