Post
Topic
Board Web Wallets
Re: Xapo fees is too high.
by
olushakes
on 08/06/2017, 14:03:44 UTC
Why xapo transaction fees are too high? The current standard fee is around 0.00222938 BTC which it mean 6$. https://in.xapo.com/fees/
I don't know why it's too high like that. because according to https://bitcoinfees.21.co/
We can see: The fastest and cheapest transaction fee is currently 400 satoshis/byte, which it mean 90,400 satoshis.

For me,  $6 is not too much to pay for a transaction running into above $500 but definitely not for $20 transaction but the issue I will have is the duration for the transaction to confirm and if that is not happening soonest then the fee is too high which I won't subscribe to and aside that, if the amount is too much, all I need to do is to pay the fee once by moving out all my funds to another friendly wallet that can take care of my needs.