High guys,
I'm using the mycelium wallet but the fee's are SUPER high. There'sjust no way the fee could be 0.02btc for a low priority fee. My friend said he sent some btc and was charged $10.
What can I do to lower the fee's? Am I able to download another wallet, login with my existing 12 seed keys and send my btc from another wallet?
I'm using the mycelium wallet but the fee's are SUPER high. There'sjust no way the fee could be 0.02btc for a low priority fee. My friend said he sent some btc and was charged $10.
What can I do to lower the fee's? Am I able to download another wallet, login with my existing 12 seed keys and send my btc from another wallet?
Mycelium allows 1 sat/byte, which means to get to BTC0.02 your TX would have to be 2MB.
It would never confirm if you sent 1 sat/byte fee.
https://bitcoinfees.earn.com/
The thing is, senders control the fees. If we started using lower fees, fees would lower. The users of the block chain only have themselves to blame. They got use to transactions being included into the next byte and though that should be the norm so are paying higher and higher fees to make it happen.