I got a micro wallet to hold the small amount of Satoshi that Moon Bitcoin is generating for me (i know it isnt practical, im just learning) but my micro wallet says that I should use the recommended amount for transfers, which is 100365 Satoshi. The other amount available is 5825. Is there a reason I shouldn't use the lower one? Or is it just because it's more tedious? Please help me!
Its also better for you. Each withdrawal cost you 365 satoshi (that's eaqual to around 6 % fee when you withdraw 5825).
Second reason is mentioned above, it's not good to have dozens of small transactions in one address, you could have issues with high fees when you want to send them.
So depends on you.
Is the 365 satoshi a set number, or is the 6% a set percent? In other words, if i withdraw 100,000 satoshi will I pay a fee of 365, or a fee of 6% of 100,000?
It's fixed amount 365 satoshi.
