Post
Topic
Board Bitcoin Discussion
Re: Bitcoin transaction cost so high? Why?
by
Mahanton
on 13/07/2017, 12:29:52 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?
7 euro is too much for a 24 euro transaction and i would like to ask on what wallet you are using? If you are using blockchain then theres an option on where you can able to edit or set up a particular fee. that 7 euro is way too high for a fee and going back on previous months the max fee did i see is between 2-4 usd which is already high, how much more on 7eur. This is one of the reasons why do people switch on alts like ETH less fees less confirmation times which what im doing as of now.