Post
Topic
Board Bitcoin Discussion
Re: Bitcoin transaction cost so high? Why?
by
Ayers
on 13/07/2017, 14:18:06 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 size? i doubt is really 7 euro and 7 euro is like 350k satoshi at the moment, which is like you are sending a TX of 1300 bytes, if really is true, try to use an accelerator next time