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How to adjust transaction fees when sending Bitcoin BTCFree and simple Bitcoin Fee Estimator ? Calculator. Pick the optimal transaction fee by the confirmation time. ? Most accurate prediction tool! This fee rate will be calculated in satoshis per unit of data your transaction will consume on the blockchain, abbreviated as sats/vByte. The total fee paid by. Fees are measured in Satoshi per byte (1 Satoshi equals the smallest bitcoin unit). It is useful to calculate the size of a transaction before.