Post
Topic
Board Bitcoin Discussion
Re: Bitcoin transaction cost so high? Why?
by
cr1776
on 13/07/2017, 11:55:35 UTC
Hello everyone Smiley So I was ordering a few items online from a place that accepts Bitcoin, and for an item that costs only 24 Euros, the send cost was 7 Euros! That is too high! Bitcoin transaction fees should be very minimal! Is there any way to resolve this or is this to do with the blocks filling up?

What was the transaction id?  What was the size in kb of the transaction?  

You are paying by the size, so if you were spending using lots of tiny faucet-size inputs vs one larger input, you pay more.

Without knowing this, everything else is just speculation that can't answer your question as to why the fee was high.