Post
Topic
Board Bitcoin Discussion
Re: bitcoin transaction fees are abnormal
by
Jombitt
on 10/01/2018, 02:05:13 UTC
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?

The blockchain network still congested, there are so many pending or unconfirmed tranasction right now. Its not recommended to make a small transaction using bitcoin. Try to use other altcoin for your transaction, it has smaller fees compared to bitcoin. Make it temporary till the bitcoin transaction fee go back to normal