Post
Topic
Board Bitcoin Discussion
Re: Bitcoin's transaction fee lowered by 4000%
by
Debonaire217
on 14/02/2020, 12:57:13 UTC
20 fee for transaction. Are you sure? I dont remember that

Correction by mocacinno
Basically it somehow depends on the amount of BTC you are transacting with, that's why it could reach up to 20 dollars at that time, plus, if the market is congested, transaction fees could significantly increase. That is why it is advisable that if we transact, we should make sure that the market isn't congested too much because the amount of transaction fee might be high. So, if we are transacting using batch and with the technology that Segwit could offer, our transaction will be more efficient.