Sending Bitcoin to 1 Address
I recently sent 1 Bitcoin from 1 exchange to another and saw that there were 2 addresses that were labeled as recipients. Why?
When I looked the transaction up on Blockchair I could see that there were 7 senders and 2 recipients. One of the recipients was my wallet at my other exchange and the other address got $427.53. Who got this other amount? The fee amount is as below.
Fee per vbyte
Can someone please explain to me who was this other person, why they got it and how was it calculated?
Trying to understand how it works.
Thank you in advanced.