Post
Topic
Board Bitcoin Discussion
Re: Should we use Bitcoin for regular transaction now?
by
sapnu
on 27/04/2021, 16:12:03 UTC
Should we use Bitcoin for regular transaction now? While mempool is overloaded
So average transaction fee right now is about 16 bucks. Is it to much?
It is still not ideal to use bitcoin for regular transactions considering the expensiveness of the transaction fee. I've seen someone here in the forum who was asking why is the fee so high cause he was trying to send $75 on what I can remember but the fee was at $50 or higher and the amount he is sending is now much lower than the fee. Maybe it would be best if we will only send money that has high value so that the fee wouldn't be much of a burden and we are doing it in one go. Maybe in the future, transaction fees may start going down or become completely gone, who knows.