Post
Topic
Board Bitcoin Discussion
Re: questions about network fees
by
steveabrahams
on 25/12/2017, 04:38:37 UTC
So I tried to send a small amount of bitcoin from coinbase to a wallet address on my Binance account so I could buy alt coins.

But then they tried to hit me with an outrageous "network fee". For trying to send like $5 worth of bitcoin they wanted to charge me $32! That can't be right. How do I send my bitcoins to another wallet without network fees. I have a GDAX account also if that helps.

You CAN send your bitcoins to another wallet without network fees but it will takes a very long time to confirmed or your transaction will stuck forever. That's why it's better to not send a transaction without a fee. The fee is big because of the network is really busy right now and so many unconfirmed transaction too.