Post
Topic
Board Bitcoin Discussion
Re: Are Bitcoin's fees overpriced?
by
MoreStamps.Global
on 25/12/2020, 08:47:25 UTC
It is indeed. It took $11.12 for my yesterday's transaction. I mean this is not something I will use regularly. But if I compare it to PayPal - a leading payment processor, it is justifiable. They charges flat 7% fees on any transactions. On top of that, it further cuts the payment while transferring received payments into local currency. So, I think Bitcoin is a great solution but having it used often, I do consider that the current fee is high.