Post
Topic
Board Bitcoin Discussion
Re: 17$ for a transaction fee?!!
by
batang_bitcoin
on 15/11/2017, 07:27:51 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

With so much miners that went to bitcoin cash before so the mining fee became expensive but after the hype of bitcoin cash. Many did went again back to bitcoin and now they are into mining again, the fees can be paid as low as 81sat/b now. And the lowest total fee I saw yesterday was only 2 USD though it's still quite expensive for the people who only have small transactions but that's great as unconfirmed transactions are now back at 77k.