Quote from: loopes on November 15, 2017, 06:46:44 AM

Quote from: pierr on November 14, 2017, 12:28:34 PM

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.

This one not really recommended at this time, bitcoin's hash power have decreased after all these dramas with bch but wait until the situation becoming normal again then we can have a little risk of using low fee of being unconfirmed.
Even in my opinion, recommended fee is just not enough, we should atleast adds some additional fee in order to over take other transactions with less fee if you prioritize the confirmation.