Just checked my mycelium wallet and I can set fees as low as $0.11 (transaction time ~3 hours) to $12.57 (~10 minutes). Maybe the platform you uses charges a higher fee because they want to make sure the transaction completes quickly?
Context:
I was trying to pay someone $6 in btc which is 0.0013 btc.
The transaction fees are high af.
LOW = 0.00097701 btc = 48.71 usd
MEDIUM = 0.0024 btc = 114.74 usd
HIGH = 0.00264 btc = 126.21 usd
D;
??
Last edited by Xenon~; 03-02-2021 at 01:42 PM.
Just checked my mycelium wallet and I can set fees as low as $0.11 (transaction time ~3 hours) to $12.57 (~10 minutes). Maybe the platform you uses charges a higher fee because they want to make sure the transaction completes quickly?
Rep. Power: 126
Minion: 11/28/12-3/15/14
Binance I think it was has like 21$ fixed on BTC, which is why you should stick with wallets like Coinbase
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0331 (03-04-2021),Breezeyou2 (05-05-2021),Fucking Moron (05-05-2021)
Holy shit I got scared for a sec and thought I was gonna gave to pay 40$ for a simple transaction. Man I hate btc the more it goes up and people use it the more we gotta pay to spend it
Try sending again when fees get lower.
I got my wallet literally broken, I made too many small transactions and now it does not let me send, it always fail, lol.
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Dont use bitcoin for payments, bitcoin was supposed to be the money of the future but it won't.
NANO has low fees and is very fast.
I don't think people here uses NANO.
Majority are using btc for transactions around here.
Cheap, Decentralized, Widely Used
pick 2
you can drop the satoshis / byte to get a lower rate
high volume = expensive fees
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Trol553 (05-07-2021)
Always choose XLM,XRP