Quote from: Shinza on December 15, 2017, 02:13:32 PM

Quote from: gasse on December 15, 2017, 01:31:45 PM

Hi all, i'm new to trading and i made my first wallet of bitcoin in CoinBase...now i would like to buy some altcoin but if i would like to transfer bitcoin to exchange like bittrex or other they ask me an high fee for tranfer like 12$ for transfer 100$ of BTC....is it possible? How can you make good trading if everytime you have to transfer money from wallet you have to pay so high fee? I did mistake something? thanks

The increase in btc will result in higher fees for every transaction. The fee is fixed at a fixed rate at btc, so you must consider before making any transaction. especially in the present time. btc prices are very high.

It was not really the increased fee that has really caused the present huge one; this is just as a result of the network traffic. If you check blockchain now, you will see the number of unconfirmed transactions and that is really crazy knowing you have to pay a lot so as not to get your transaction bounced. This is something one should always consider, and it is becoming a norm now until we get hope with the scaling problem.

We just have to get use to the fact that the network can be congested sometimes due to the number of transaction going on all at once. It does not happen every day but we all know the level at which transactions are being done these days in the bitcoin network.

Yes, it can be painful, but it seems like one of the price we may have to pay now as early adopters until the whole scaling issue get fixed.