Lightning Send Fee Estimates
To estimate fees for sending Lightning payments, usegetLightningSendFeeEstimate
. This is useful before making a Lightning payment to understand the potential routing costs. PLease note: the actual fee asessed may be different the the fee estimate as it will be determined by the actual Lightning node routing.
feeEstimate
response:
Cooperative Exit Fee Estimates
When withdrawing funds back to the Bitcoin network (cooperative exit), you can estimate the associated fees usinggetCoopExitFeeEstimate
:
exitFeeEstimate
response:
Understanding Fee Components
Fee Estimate Fields
originalValue
: The fee amount in the original unit (SATOSHI)originalUnit
: The unit of the original value (always ‘SATOSHI’)preferredCurrencyUnit
: The converted currency unit (e.g., ‘USD’)preferredCurrencyValueRounded
: The rounded value in preferred currencypreferredCurrencyValueApprox
: The approximate value in preferred currency
Best Practices
- Monitor fee variations during different network conditions
- Include fee estimates in your transaction planning
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