Post
Topic
Board Trading Discussion
Re: fee transfer too high?
by
bob3772
on 15/12/2017, 17:28:40 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

You didn't make a mistake and the fees are just very high rate now, unfortunately you don't have much choice if you want to trade. Coinbase set the fees for you and so there's no option. If you have your bitcoin in some other wallets you can choose the fee yourself and then set it much lower, it would take some time but worth it. For your situation though just suck it up and hope your trading goes well, if it does you'll have that $12 back in no time.