It’s not standard to have charges exceed the worth of the volume being despatched. On the other hand it’s as much as the sender to select the associated fee, no-one else. Whichever pockets you’re the use of can have techniques to signify charges and alternative ways to specify rate ranges – it’s as much as you to just be sure you make a choice a rate you are feeling is suitable for the transaction and that may get the transaction showed in a timescale this is applicable to you.

There is not any strategy to declare again transaction charges. Showed Bitcoin transactions cannot be undone, reversed or picked aside.

There are less expensive techniques to make Bitcoin transactions through the use of one thing just like the Lightning Community – which may make a chain of transactions at low value off-chain and in the end report the general general alternate of stability at the Bitcoin blockchain. However in case you are reasonably new to Bitcoin, you must almost certainly take your time to completely perceive those off-chain techniques earlier than the use of them.