<p>Bitcoin transaction fees vary with supply and demand.  You can see a current snapshot at <a href="https://bitcoinfees.21.co/" rel="nofollow noreferrer">https://bitcoinfees.21.co/</a>.  Right now a typical fee for a transaction is around BTC 0.0006.  As you can see, this will not work very well if your goal is to charge 1/10 of this amount (USD 0.25 = BTC 0.000062 as you mentioned).</p>

<p>Moreover, you will have to pay (roughly) the same transaction fee again in order to spend the money you receive.  So even if somebody does pay the transaction fee to send you the money, you could not spend it without taking a loss.</p>

<p>As such, it is not currently practical to use Bitcoin for such small transactions.</p>

CC BY-SA 3.0
2017-08-15T16:56:24.120Z
thanks for the answer, is there an alternative to avoid the fee altogether? for example: maybe if I host a block in my cloud(aws, azure) I can process the transactions myself?(I don't know just spitting the little I could understand from my research)
RollRoll
CC BY-SA 3.0
2017-08-15T17:05:30.300Z
No, that is not practical.  The phrase "host a block" doesn't make sense - you could imagine doing your own mining, but the costs of doing that on any scale that would meaningfully speed up your transactions would be in the hundreds of thousands of dollars.  As duckx says, you can consider using a different currency altogether, but this will be less convenient for your customers who will have to find somewhere to buy that other currency.
Nate Eldredge
CC BY-SA 3.0
2017-08-15T16:39:37.220Z
2017-08-15T16:39:37.220Z
Nate Eldredge
<p>currently that's not feasible with bitcoin due to its price. The alternative is to use another coin with a lower price to make it truly a "micro-transaction" with sub-penny fees. But the problem with scenario is your users will now have to buy that coin just to buy your product. Check coinmarketcap.com for a list of coins to use. </p>

CC BY-SA 3.0
2017-08-15T14:00:47.080Z
sorry I didn't understand. Currently 0.25 cents of dollar is 0.000062 bitcoin. So there is no way I can use/create a system to have customer buying my digital content for 0.000062?  forgive me, I am really new to this
RollRoll
CC BY-SA 3.0
2017-08-15T14:29:56.543Z
Technically the lowest denomination of a bitcoin is a 100 millionth of a bitcoin or a Satoshi. That is 0.00000001 = 1 Satoshi so your value is greater than that and this possible, you would send/receive 6200 Satoshi. But some exchanges like coinbase won't allow small transactions.
marshal craft
CC BY-SA 3.0
2017-08-15T13:52:17.043Z
2017-08-15T13:52:17.043Z
Patoshi パトシ
<p>Technically the lowest denomination of a bitcoin is a 100 millionth of a bitcoin or a Satoshi. That is 0.00000001 = 1 Satoshi so your value is greater than that and this possible, you would send/receive 6200 Satoshi. But some exchanges like coinbase won't allow small transactions.</p>

CC BY-SA 3.0
2017-08-15T14:28:47.177Z
2017-08-15T14:28:47.177Z
marshal craft
<p>I am a developer and very new in bitcoin world. I have plans of having website where I sell digital content for 0.25(or less) cents of dollars in bitcoin form.</p>

<p>What I understand is I have to pay for transaction fee for each purchase, I confess I don't know much about it.</p>

<p>If I want no fee can I develop my own "bitcoin transaction mechanism"?</p>

<p>Please, I need help thanks</p>

<transactions><ecommerce><micropayments>
I want to change 0.25 dollar cents in bitcoin for my digital content, is it too little?
RollRoll
# I want to change 0.25 dollar cents in bitcoin for my digital content, is it too little?

(Asked by: username_0 on 2017-08-15)

I am a developer and very new in bitcoin world. I have plans of having website where I sell digital content for 0.25(or less) cents of dollars in bitcoin form.

What I understand is I have to pay for transaction fee for each purchase, I confess I don't know much about it.

If I want no fee can I develop my own "bitcoin transaction mechanism"?

Please, I need help thanks

**Tags:** transactions, ecommerce, micropayments


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## 3 answers

### Answer by username_1 on 2017-08-15. Score: 1

Bitcoin transaction fees vary with supply and demand. You can see a current snapshot at <https://bitcoinfees.21.co/>. Right now a typical fee for a transaction is around BTC 0.0006. As you can see, this will not work very well if your goal is to charge 1/10 of this amount (USD 0.25 = BTC 0.000062 as you mentioned).

Moreover, you will have to pay (roughly) the same transaction fee again in order to spend the money you receive. So even if somebody does pay the transaction fee to send you the money, you could not spend it without taking a loss.

As such, it is not currently practical to use Bitcoin for such small transactions.

> **Comments:**
> **username_0**: thanks for the answer, is there an alternative to avoid the fee altogether? for example: maybe if I host a block in my cloud(aws, azure) I can process the transactions myself?(I don't know just spitting the little I could understand from my research)  
> **username_1**: No, that is not practical.  The phrase "host a block" doesn't make sense - you could imagine doing your own mining, but the costs of doing that on any scale that would meaningfully speed up your transactions would be in the hundreds of thousands of dollars.  As duckx says, you can consider using a different currency altogether, but this will be less convenient for your customers who will have to find somewhere to buy that other currency.  

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### Answer by username_2 on 2017-08-15. Score: 1

currently that's not feasible with bitcoin due to its price. The alternative is to use another coin with a lower price to make it truly a "micro-transaction" with sub-penny fees. But the problem with scenario is your users will now have to buy that coin just to buy your product. Check coinmarketcap.com for a list of coins to use.

> **Comments:**
> **username_0**: sorry I didn't understand. Currently 0.25 cents of dollar is 0.000062 bitcoin. So there is no way I can use/create a system to have customer buying my digital content for 0.000062?  forgive me, I am really new to this  
> **username_3**: Technically the lowest denomination of a bitcoin is a 100 millionth of a bitcoin or a Satoshi. That is 0.00000001 = 1 Satoshi so your value is greater than that and this possible, you would send/receive 6200 Satoshi. But some exchanges like coinbase won't allow small transactions.  

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### Answer by username_3 on 2017-08-15. Score: 0

Technically the lowest denomination of a bitcoin is a 100 millionth of a bitcoin or a Satoshi. That is 0.00000001 = 1 Satoshi so your value is greater than that and this possible, you would send/receive 6200 Satoshi. But some exchanges like coinbase won't allow small transactions.


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