Post
Topic
Board Bitcoin Discussion
Re: Bitcoin fees so high?
by
apoorvlathey
on 17/12/2017, 09:59:31 UTC
why has the bitcoin fee for each transaction recently been so high?
It was easier to send 10-15 usd before but these days the fees are more than that.
Any wallet which takes less fee?Im fine with delayed confirmation.
The bitcoin transaction fees are rising because the network is getting congested.
Also, the bitcoin price is rising meaning that for the same txn fees in bitcoin which you paid now costs more than 15 usd.
Many wallet have the feature to adjust the fees. In electrum you can set it to minimum but you may have to wait for long to get it confirmed.