Post
Topic
Board Bitcoin Discussion
Re: Bitcoin fees so high?
by
akram143
on 17/12/2017, 12:34:45 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.
Bitcoin transaction fees are getting higher every day because millions of people are conducting transactions over bitcoin blockchain network. The more people on the network the slower the network is going to be. But if you can pay the higher transaction fee (miner fee) your transaction gets processed quickly. you should try Xapo i think their transaction fee is more affordable. 

I think every wallet fee is high at the moment due to blockchain traffic and number of transactions occurring per seconds also very less like only 7 transaction per second is done.But normally thin number will be around 30 transactions per second.Currently 130K pending transactions in blockchain network so you need to wait for that traffic gets clear to send with lower fee.You can tray wallets with customizable fee but if you send too low fee your transactions will be pending for months,so if you don't know to customize the fee then just send it with default fee.