Updated May 22, 2019 09:40:45The fees charged by bitcoin payment processors are determined by the network that they connect to.
Bitcoin payment processors charge the miners and processors who provide the data on their sites a fee.
These fees are usually higher than what the payment processor charges to the bitcoin network itself.
The amount of this fee is dependent on the amount of bitcoin a user has transferred and the transaction fee.
For example, BitPay charges a miner a fee for each transaction a user makes with their bitcoin, and a processor is charged a fee per transaction, based on the total number of transactions it processes.
In the Bitcoin community, the fees charged are referred to as miner fees.
These fee can vary depending on the miner, which can impact the transaction rate of a transaction.
Some miners have more miners than others.
Some of the largest payment processors in the world are BitPay, Coinbase, and Dwolla.
These processors charge miners and processor fees, which are typically a significant portion of their business.
However, the average transaction fee is around 1 percent, meaning the average user is paying a much smaller percentage of the total transaction fee to a payment processor.
This infographic by BPI shows the different fees charged in different payment processors.
If you’re a bitcoin user, this infographic is for you.
Read more about bitcoin and payments in our previous bitcoin articles: