Quote from: Porfirii on Today at 05:53:09 AM

Anybody knows what is the cause for this? People is withdrawing to buy Christmas presents? are they putting their books in order because of the end of the fiscal year in many countries?

Mass transactions are usually the cost of the congestion of the mempool but this time around it is not only about bitcoin only, there are inscriptions using the network too and some of their transactions are done with very high fees just to get into the next block which is affecting everyone.

Quote from: Porfirii on Today at 05:53:09 AM

OP, if you are not in a hurry and you've had your coins there until now, if you wait a few days I think that fees will go back to the normality. If not, I'd heed the advice about the stablecoin.

I would have also said that he should wait till the fees go back to normal but with the continuing persistence of this fees for over a month now, we can’t be certain so it will be better he uses a stable coin for now either USDT-TRC20 or DAI, or Atleast go for XMR and withdraw to his personal wallet like unstoppable to reduce the risk of leaving his on CEXs

Quote from: Charles-Tim on Today at 06:10:58 AM

Quote from: Cantsay on Today at 05:35:00 AM

Or just keep watch of mempool, if the transaction fee comes down (I believe that of binance should also be affected) then withdraw your coin from it. You can keep track of the transaction fee using this bot. https://t.me/BitcoinFeesAlert_bot

Binance use a fixed fee.

Yes the have fix charges but it changes depending on the network congestion since part of that is paid to the miners. I also thought before that it doesn’t change since binance has its own mining pool but it does change and will reduce if the congestion reduces too