Re: question about transaction fees...

I have like 200 $ in bitcoin on ANX. I wanted to transfer that to Binance exhange and I saw that if I wanted to I could only send like 140. Is the transaction fee really 60$ to send coin on bitcoin now? Or this is something ANX is doing? I can't see how that will pass as acceptable. Might as well use bank transfers, cheaper!

Yes bitcoin fee is too high at the moment because of traffic on blockchain network but I hope it will be resolved soon so don't send your bitcoin unless it is an emergency need for money because you will lose big amount in for of fee.But the problem will be solved soon so the fee will get reduced soon maybe in a week.you can send your transaction with low fee but it may takes some days to get confirmed.

Why do you believe this issue will be solved within the week?

I rather believe that it would be just an estimation but the truth is no one really knows on when fees would decrease because if you do make microtransactions as of these days then it will surely hurt you considering on the amount that you would paid up for fees itself. I don't know what would be the best solution for this since we cant do anything about it because miners are the only ones who can able to set-it out.For now theres nothing we can do but to wait for fees to settle down.