
Average Exchange Transaction Fee divides daily on-chain fees attributed to each exchange-related category by its corresponding transaction count, in sats per transaction. Deposits, Withdrawals, In-house and Inter-exchange separate incoming, outgoing, internal and exchange-to-exchange activity; Overall is the combined average.
Rising averages indicate higher fee spending per transaction, whether from competition for block space or a shift toward larger transactions. In-house reached about 2.578M sats on June 7, 2024, while Overall was about 277K sats that day, illustrating how one category can diverge sharply from the combined reading.
Batching, input counts and occasional overpayments affect averages, so the chart is not a live fee quote or the withdrawal charge billed to a customer. Exchange labels define coverage; the history starts in 2009 with zeros through 2010, which should not be treated as a complete account of exchange activity.
No. These are on-chain fees associated with identified exchange activity. A platform’s customer withdrawal charge can include its own pricing policy and need not match the network fee.
Overall is based on combined fees and transaction counts. Categories with more transactions carry more weight, so averaging the four displayed averages equally gives a different result.
Internal wallet work can involve transactions with many inputs, while withdrawals may be batched efficiently. Different transaction sizes and chosen fee rates can produce different averages without a corresponding change in BTC transferred.