Post
Topic
Board Bitcoin Discussion
Re: why bitcoin fees is $1.60 to send bitcoins
by
mk4
on 11/07/2017, 15:59:48 UTC
Hi,

I want to know why bitcoin is charging me $1.60 for sending $1 to another bitcoin wallet address ?

Can anyone confirm how i can send bitcoin without blockchain charging me fees.

It is because of the scaling issues we've been having for weeks and months. Heres a decent article for you to get more information about it: https://cointelegraph.com/explained/bitcoin-scaling-problem-explained

Anyway, I've done a transaction recently and I only paid for like 15 cents for a 30 minute transaction. What wallet are you using? if you couldn't choose your own transaction fee, I suggest changing wallet services. Try electrum.