get_bitcoin_network_recommended_fees
Retrieve current Bitcoin transaction fee recommendations for different confirmation speeds to optimize costs and timing based on network conditions.
Instructions
Use this to get current recommended Bitcoin transaction fees for different confirmation speed priorities.
Returns fee recommendations in string format with four priority levels:
- **Fastest** (~10 minutes): Highest fee for next block inclusion
- **Half-hour** (~30 minutes): Medium-high fee for confirmation within 30 min
- **Standard** (~60 minutes): Medium fee for confirmation within 1 hour
- **Economy**: Lowest fee for non-urgent transactions
Each recommendation includes:
- Fee rate in sat/vB (satoshis per virtual byte)
- Estimated confirmation time
- Approximate total cost in BTC for a typical transaction
Fees are dynamic and change based on current network congestion and mempool size.
Use cases: When you need to know how much to pay for a Bitcoin transaction, to optimize transaction costs vs. speed, or to check if the network is congested.
Input Schema
TableJSON Schema
| Name | Required | Description | Default |
|---|---|---|---|
No arguments | |||