<p>The <a href="https://www.blockcypher.com/dev/bitcoin/#microtransaction-api" rel="nofollow noreferrer">Microtransaction API</a> documentation it describes a BlockCypher MicroTX as a normal transaction. BlockCypher just checks that the transaction has reached 98% on their <a href="https://www.blockcypher.com/dev/bitcoin/#confidence-factor" rel="nofollow noreferrer">confidence-factor</a> and is therefore included in the next block.</p>

<p>However the documentation (and the whole concept) seems to be outdated.</p>

<blockquote>
  <p>The Microtransaction API will accept values between 7,000 satoshis (~$0.04) and 4,000,000 satoshis (~$20). Anything below or above these thresholds will return an error.</p>
</blockquote>

<p>At the time of writing (BTC @ ~$7000) the 7000 satoshi would be worth ~$0.49. In the Microtransaction API they alert that MircoTX are <strong>not</strong> feasible anymore and the API is therefore discontinued on bitcoin.</p>

<blockquote>
  <p>Due to congestion on the Bitcoin network and the drastic increase in miner fees, microtransactions have become uneconomical. As a result, our microtransaction API isn’t supported on bitcoin anymore.</p>
</blockquote>

CC BY-SA 3.0
2017-11-07T11:29:16.360Z
Hi, thanks, so to, say transfer btc from one address to another, I have to use the Transaction API from here? https://www.blockcypher.com/dev/bitcoin/#transaction-api
user2002495
CC BY-SA 3.0
2017-11-07T22:22:43.307Z
@user2002495 What exactly are you trying to do? Do you just want to send a bitcoin transaction? Do you have to use blockcypher?
0xb10c
CC BY-SA 3.0
2017-11-08T16:05:55.957Z
yes i just want to send btc from one address to another. Reason I have to use blockcypher is because it is not only btc but need to be eth, lite, and doge as well.
user2002495
CC BY-SA 3.0
2017-11-06T23:24:08.427Z
2017-11-06T23:24:08.427Z
0xb10c
<p>does anyone know how much is the BlockCypher fee when doing Micro TX? I read here (<a href="https://www.blockcypher.com/dev/bitcoin/#microtx" rel="nofollow noreferrer">https://www.blockcypher.com/dev/bitcoin/#microtx</a>) and it says it is generated automatically (deducted from source). I need specifics, like is it in % or a fixed value,  but cannot find any.</p>

<transactions><micropayments>
BlockCypher MicroTX transaction fee?
user2002495
# BlockCypher MicroTX transaction fee?

(Asked by: username_0 on 2017-11-06)

does anyone know how much is the BlockCypher fee when doing Micro TX? I read here (<https://www.blockcypher.com/dev/bitcoin/#microtx>) and it says it is generated automatically (deducted from source). I need specifics, like is it in % or a fixed value, but cannot find any.

**Tags:** transactions, micropayments


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## 1 answers

### Answer by username_1 on 2017-11-06. Score: 4

The [Microtransaction API](https://www.blockcypher.com/dev/bitcoin/#microtransaction-api) documentation it describes a BlockCypher MicroTX as a normal transaction. BlockCypher just checks that the transaction has reached 98% on their [confidence-factor](https://www.blockcypher.com/dev/bitcoin/#confidence-factor) and is therefore included in the next block.

However the documentation (and the whole concept) seems to be outdated.

> The Microtransaction API will accept values between 7,000 satoshis (~$0.04) and 4,000,000 satoshis (~$20). Anything below or above these thresholds will return an error.

At the time of writing (BTC @ ~$7000) the 7000 satoshi would be worth ~$0.49. In the Microtransaction API they alert that MircoTX are **not** feasible anymore and the API is therefore discontinued on bitcoin.

> Due to congestion on the Bitcoin network and the drastic increase in miner fees, microtransactions have become uneconomical. As a result, our microtransaction API isn’t supported on bitcoin anymore.

> **Comments:**
> **username_0**: Hi, thanks, so to, say transfer btc from one address to another, I have to use the Transaction API from here? https://www.blockcypher.com/dev/bitcoin/#transaction-api  
> **username_1**: @username_0 What exactly are you trying to do? Do you just want to send a bitcoin transaction? Do you have to use blockcypher?  
> **username_0**: yes i just want to send btc from one address to another. Reason I have to use blockcypher is because it is not only btc but need to be eth, lite, and doge as well.  

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