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Topic: Bitcoin fees so high? - page 3. (Read 394 times)

newbie
Activity: 21
Merit: 0
December 17, 2017, 05:13:09 AM
#5
This is actually the biggest problem of BTC, we have to hope that this will be better in the future. That is also one point where altcoins are much more better then BTC in the moment.

Two months ago i wanted to trade 0.01 BTC and the fees were about 5€ and i thought that this is very expensive but now it is more then 10€. So the only thing that you can do is to use a wallet were do you can do custom fees but then the transaction will take a lot of more time.
newbie
Activity: 4
Merit: 0
December 17, 2017, 05:04:03 AM
#4
Hmm. It is a problem for new user. Because we don't have much more btc to pay transection fee.
hero member
Activity: 1162
Merit: 547
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December 17, 2017, 04:59:31 AM
#3
why has the bitcoin fee for each transaction recently been so high?
It was easier to send 10-15 usd before but these days the fees are more than that.
Any wallet which takes less fee?Im fine with delayed confirmation.
The bitcoin transaction fees are rising because the network is getting congested.
Also, the bitcoin price is rising meaning that for the same txn fees in bitcoin which you paid now costs more than 15 usd.
Many wallet have the feature to adjust the fees. In electrum you can set it to minimum but you may have to wait for long to get it confirmed.
member
Activity: 69
Merit: 10
December 17, 2017, 04:53:55 AM
#2
Any wallet which takes less fee?
The wallet that you're using doesn't matter provided that it's a wallet which allows you to customise your fees (which is most of them, including all of the good ones).
Im fine with delayed confirmation.
In that case, you should try using this site to find the lowest fee that you can send without  the delay on the right reaching "infinite" or being close to that.

Currently, you could try sending with a fee of 20-30 satoshi/byte, or for lower risk 70-80.
full member
Activity: 210
Merit: 100
December 17, 2017, 04:26:47 AM
#1
why has the bitcoin fee for each transaction recently been so high?
It was easier to send 10-15 usd before but these days the fees are more than that.
Any wallet which takes less fee?Im fine with delayed confirmation.
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