Post
Topic
Board Trading Discussion
Re: fee transfer too high?
by
Thanasis
on 15/12/2017, 17:23:21 UTC
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

Coinbase have fixed transaction fee so you cannot do anything but normally fee will be less than the current situation the fee is high due to more number of pending transaction it will be resolved soon.But you can choose other wallet like blockchain which may able to adjust the fee but you need to wait for too long for your transaction too get confirmed.So it is better to stop trading for somedays or your profits will be wasted in the form of fee.