New fee structure started today. Here's the news article about it:
https://news.bitcoin.com/localbitcoins-new-fee-structure/
I received (what was supposed to be) a $20 transaction to my localbitcoins wallet, and was charged a little more than $1.40 "deposit fee". The sender paid over $2.00 fee to send. This seems pretty excessive considering the small amount being sent.
Aaaand... I'm switching wallets
https://news.bitcoin.com/localbitcoins-new-fee-structure/
I received (what was supposed to be) a $20 transaction to my localbitcoins wallet, and was charged a little more than $1.40 "deposit fee". The sender paid over $2.00 fee to send. This seems pretty excessive considering the small amount being sent.
Aaaand... I'm switching wallets
1$ is still a fair one to me unlike one exchange wallet I used some time ago that for every deposit, they just deduct 0.002btc no matter the amount of bitcoin received into the wallet which when converted to dollars is far above what you have there. And thankfully the crypto space is full of several organisations trying to offer their services in which I just switch and I am happy you did same.