Post
Topic
Board Bitcoin Technical Support
Re: Why Bitcoin Transaction Fee increases Over Bitcoin Price Increase?
by
pooya87
on 27/09/2021, 03:22:04 UTC
transaction fee was very less in 2017.
Actually transaction fees during most of 2017 were at their record high and definitely a lot higher than today.

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I knew times when BTC fee was only 5000 Satoshi.
Bitcoin transaction fees aren't a fixed amount in satoshi, they are defined based on size using units such as satoshi/byte.

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Now BTC price Is also I creased so many times and also now it is about 50,000 Satoshi.
It sounds to me like you are looking at withdrawal fee of some centralized service such as an exchange. Those things do not change based on price or network activity. They are set to a fixed amount by the owners to cover their cost and make a profit.
In any case fees these days for a normal transaction that has 1 input and 2 outputs shouldn't exceed 200 satoshi.