How to Calculate Network Fee of Bitcoin Inscription Transaction?

Shots Question:

I need to know how much I will need to pay in network fees in order to send my inscription from my Unisat wallet to another wallet.

Shots Answer:

Here's how to do this:

• Visit BestInSlot homepage.
• Enter the inscription number in search box, click on the inscription result.

• Copy the Ordinal Id.

• Visit Ordinals homepage. Enter the Ordinal Id in search box and click search key.

• Scroll down and you will see the size of the inscription in bytes. The size of the reference inscription is 116 bytes.

• Now convert the bytes in vB this way.

Formula: Size of transaction (vB) = Total bytes/3.7
Error: ±4-15%
In our case: 116/3.7 = 32 vB

• Now, if we want to pay 15 satoshis per vbyte, we can easily calculate our transaction cost.

For 31 vB | We will pay total 465 sats.