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
The costly transaction fee today and these past few days is because of the bottleneck in the blockchain. There are many transactions that were made in order to slow down Bitcoin's transaction processes. So in order to cope with the said attack, higher transaction fee is required in order to make your transaction pass through the network. This is inevitable unless you want to wait for hours up to days just to make your transaction be confirmed and finished.