Post
Topic
Board Bitcoin Discussion
Re: Fees high
by
Yogee
on 31/10/2020, 05:05:51 UTC
it's going to be a big deal when someone only has a little bitcoin. But the best solution is to exchange bitcoin for altcoin for a cheaper fee. Currently the most expensive transaction fees are bitcoin and ethereum. So avoid transactions using it.
This only applicable when your BTC is on exchanges.

Approximately 0.0007 (10$) fee per transaction..
mempool.space estimates around $4 [200+ sats/vb] for low priority transactions right now. That's still considerably high if you compare it to previous weekend transactions. The mempool will probably clear up a bit by Sunday or Monday. Seriously, traders needs to take a little break.