I have about 35$ that I'd like to buy BCH with, but with the transaction fees, I can barely get 8$ out of those 35$. Anyone know a way to buy BCH on blockchain directly from your BTC balance? Also, Could I maybe set a low low fee and use transaction accelerator to push it through?
The post is a bit confusing. For a while, I though that the OP was talking about the BCH fees being too high.. and I was thinking about it. How the BCH fees can be so high, when they forked out from BTC to keep the transaction fee lower? They have 32 MB block size limit and hardly any of the transactions are queued. And also the last time I checked, the average transaction fee for BCH was given as $0.0037 in Bitinfocharts (1,500 times lower than the Bitcoin transaction fee).
I know that no one is complaining about the high transaction fee right now. When the net worth of your assets go up from $10,000 to $60,000, you are not much bothered with paying $10 in transaction fee. But the rally is not going to last forever and once it stops, the users will start questioning why they are being forced to pay such insane fees for transacting in Bitcoin.