The Krack vulnerability is potentially affecting every Wi-Fi device. Learn more about it and use this protection guide to secure your data. The Krack vulnerability is potentially affecting every Wi-Fi device.
In addition to the per transaction fee charged to you by the credit card processing company, you may also be assessed a minimum monthly fee. If you do not do a certain level of credit card business per month, the company will charge a minimum fee, usually around $25-$50 per month.
Those users wanting to incentivize miners to confirm their transactions sooner can attach larger fees, such as 0.001 BTC ($0.61), for example. To compare somebody transacting $100 of value with a credit card would thus cost around $3.37, while a BTC transaction of similar value would cost at most around $0.61 - making credit cards a little more than 5.5x more costly for that transaction. The Bottom Line. Bitcoin transactions are markedly less expensive than a similar credit card transaction, due to the fact that Bitcoin relies on a distributed network of miners rather than a centralized network of banks and processors.