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Topic: Transaction fee much higher than what I will be sending - page 4. (Read 589 times)

full member
Activity: 1024
Merit: 100
I have $74 and I need the money and would like to send it to our local exchange I expect at least a $10 transaction fee on blockchain but got a big surprise when Blockchain is charging 0.00112176 BTC $53.74 I would end up sending only $20, this is to bad when you want to trade a small amount and you want to trade right away I will have a few hours or day before I can trade it.


use other coins if you want to transfer between exchanges. don't use bitcoin. I think it's common knowledge now. because the price of bitcoin is already very high, and that will certainly affect the transfer fee. so using coins with cheaper transfer fees is the best option. if it has been transferred you can sell and buy bitcoins back. There are many coins that are relatively stable which have cheap transfer fees such as Tron, Doge, Cardano and others.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
I think what you're about to send has a lot of inputs and that's why you're charged with that amount or I'm wrong. You can still adjust it but make sure you're going to set the fee based on the minimum sats/b that viabtc requires. In that case, you can use their accelerator.
https://www.viabtc.com/tools/txaccelerator
legendary
Activity: 2436
Merit: 1008
Adoption problems. Ridiculous fees by exchanges. Even you need money, better just think of another way.

Electrum default fees are BTC0.0002-0.0003. I don't see why that Exchange is asking higher than usual wherein the end, it's still slow to confirm.
sr. member
Activity: 1414
Merit: 252
Keep it Simple guys :)
bitcoin and ethereum has a very high transactions fees now
i think its better to exchange your bitcoin to tron or doge first, then after that you can send it to your local exchange with low fee my friend
regards
hero member
Activity: 2926
Merit: 567
I have $74 and I need the money and would like to send it to our local exchange I expect at least a $10 transaction fee on blockchain but got a big surprise when Blockchain is charging 0.00112176 BTC $53.74 I would end up sending only $20, this is to bad when you want to trade a small amount and you want to trade right away I will have a few hours or day before I can trade it.

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