I have just made a withdrawal from Coinbase of 0.00581882 BTC and the 0.00120204 BTC was a transaction fee!?
So, to the end BTC address there was only 0.00461678 BTC!
Why are the transactions fees so big. What is the point here?
I have also experience this and made me think how come transaction fee keeps on rising. For this reason I tried to diversify my fund for platforms which doea not require big amount of transaction fee. I think aa bitcoin keeo on rising bitcoin transaction fee will also increase. This should be develop and be fix before people transfer to another one.
There actually other coin who offers smaller transaction fee, this made people choose bitcpin over it. Personally I prefer eth to transfer fund because I find it cheaper that bitcoin.