The more UTXOs that go in a transaction, the larger the tran...

OceanSlim
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3fdb0a6ff2af999582ea1fddf53b6cc45d19bde64344729fa45a9f076ab06e21...
The more UTXOs that go in a transaction, the larger the transaction. ie bigger fee. If your UTXO is too small you're just throwing them away on fee.
Bitcoin makes a change address when you send a UTXO that's over the amount you want to pay someone. So you request 1btc, I send a UTXO with 2btc, 1 goes to you, a few sats go to fee and the rest comes back to me in a change address.
There is no point to "trying to get your coins closer the the amount you want to send. You're just making it more expensive to send for yourself for no reason.
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"content": "The more UTXOs that go in a transaction, the larger the transaction. ie bigger fee. If your UTXO is too small you're just throwing them away on fee. \n\nBitcoin makes a change address when you send a UTXO that's over the amount you want to pay someone. So you request 1btc, I send a UTXO with 2btc, 1 goes to you, a few sats go to fee and the rest comes back to me in a change address. \n\nThere is no point to \"trying to get your coins closer the the amount you want to send. You're just making it more expensive to send for yourself for no reason. ",
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