Post
Topic
Board Economics
Re: question about transaction fees...
by
pugman
on 28/12/2017, 07:25:50 UTC
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!
What the actual fuck? I should consider myself lucky for I paid 16$ for  a 500$ transaction. 60$ is too much for a transaction worth 200$. Obviously the difference between the balance and the amount of money you're getting is going go to be the transaction fee. I don't use ANX but some issue must be there, contact the support and check what the issue is. And always check this website : https://bitcoinfees.earn.com, for the current network's preferable transaction fee.