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- 🔥Post & Earn Passive Income! Gate Square’s "Content Mining" Channel is Now Open!🔥
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- #Gate Ranks Top 4 Exchange#
Gate has reached the Top 4 global crypto derivatives exchanges on CoinMarketCap, with a 24-hour trading volume exceeding $15 billion. Enjoy some of the lowest fees in the industry—maker fees as low as 0.015%. Gate is committed to providing users with a more efficient and cost-effective trading experience, making it your top choice for crypto trading!
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💬 What derivatives or other products have you recently traded
- 🎉 CandyDrop 5.0: 5 BTC Mega Airdrop is here!
🎁 Total Prize Pool: 5 BTC
📈 Trade any futures pair ≥ 50,000 USDT to earn Candy
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- Gate Alpha 2nd Points Carnival Round 4 Hot Launch! Trade to Share $30,000 MORE & Alpha Points
Trade $MORE to unlock Listing Airdrops + $300K Points Prize Pool!
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- 📢 $MORE is launching on Gate Alpha!
Users will be able to trade Moonveil ( $MORE ) directly via Gate Alpha — Gate's one-stop on-chain trading portal.
🔥Trade the Hottest On-Chain Assets First
https://www.gate.com/alpha
Bitcoin user accidentally sent $60,000 in fees—Don't make the same mistake
On April 8, 2025, a Bitcoin user accidentally paid a transaction fee of over 0.75 BTC (around 60,000–70,000 USD) when using the replace-by-fee (RBF) feature to expedite a stuck transaction.
The error occurs when they enter the wrong unit of charge—instead of 30.5 sat/vB, they enter 305,000 sat/vB. In addition, this person forgot to specify the address to receive the excess money, causing the entire 0.75 BTC to be charged as a fee and sent to the miner. The incident shows the great risk of using advanced features without a clear understanding of how they work. To avoid mistakes, users should choose a reputable wallet, understand the (sats vs sat/vB) fee unit, double-check the transaction, and use the suggested fee if unsure. A small mistake can lead to serious losses.