If I transfer .002 BTC from Coinbase to Ledger the fee is around $2.20. If I transfer the exact same amount of BTC .002 back to Coinbase from Ledger at the same time the fee is $16.50.... Why are the fees so drastically different? Why is Ledger "charging" so much more... I found the fees similar and high for Trezor wallet too.
Thank you.
As the price of bitcoin goes high, and so does the fees incurred when transferring between wallets and bitcoin addresses. I myself was stuck now for about a week, wrong estimation, ended up paying 5 sat/byte, about $1.00 fee. But I can't do anything but to wait and hopefully it went it otherwise in two weeks time it will be drop. Lesson here is always check first the fee and adjust if you can.