Why am I paying so much in fees after consolidating my Bitcoin?

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#21Dec 19, 2017, 12:09 AM
This is basic stuff, but you need to know your UTXOs. High input counts mean higher fees because of the complexity of transactions.
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Posts: 1362 · Reputation: 35
#22Dec 20, 2017, 12:01 AM
If you want to reduce fees, consider consolidating your UTXOs when the mempool isn’t busy. Keeping an eye on those transaction sizes helps.
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