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
i think because about the price of bitcoin very high so the fee will be high too.. when the price bitcoin $700 the fee is $3-$5 but for now the price of bitcoin reach $7500 so the fee of bitcoin reach $17 so high
This is incorrect. Bitcoin price has nothing to do with the fee. It is because there are too many unconfirmed transactions currently.