Post
Topic
Board Bitcoin Discussion
Re: How can I avoid paying these crazy transaction fees?
by
Xiwick
on 08/12/2023, 16:42:05 UTC
Going by what the first comment has said, you have different options, which is either to pay the high fee, create a channel on the Lightening Network, or wait for the transaction fee to drop. But I have a suggestion for you, and before then, there's a question you have to answer. Is the bitcoin in your wallet the only fund you have in your name right now? Don't you have some cash at hand?in your safe or in the bank? If you have some money on you, then you can as well convert some fiat into any cryptocurrency that the shop is accepting apart from Bitcoin. For example, if the online shop is accepting doge coins, convert some of your local currency to doge, then go ahead and buy your hat.

Buying new coins is a bigger headache than purchasing the hat. If it was as simple as going to the convenience store and buying whatever coins you want as simple as it is buying gift cards (marked up reasonably) then this post wouldn't have existed.