Post
Topic
Board Bitcoin Discussion
Re: 17$ for a transaction fee?!!
by
loopes
on 15/11/2017, 06:46:44 UTC
Hi,
this morning i was surprised to see that to transfer 1.4btc from my ledger nano to kraken the cost of the transaction fees was 17$??
Anyones have some reasons why it costs do expensive?
Thanks

it is because the price of bitcoin so high but rate of fee still same. Commonly a transaction is required at least 2202 sat/bit . i am sure that actually you can decrease the transaction fee if you use blockchain.info .
But you transaction will potentially unconfirmed or it will be confirmed for a long time.