Post
Topic
Board Trading Discussion
Re:  Fees are spiralling out of control due to halving.
by
AprilioMP
on 22/04/2024, 17:48:24 UTC
The side effects of Bitcoin halving have emerged.Seeing posts about folks being charged triple their transaction amount in fees for trying to move BTC. Personally tried to move $60 other day and got charged $40 for it. If you don’t believe , go try it.

We know the condition of the fee is high caused by something that has been mentioned. Because of the high cost, I still don't want to move Bitcoin assets and that is not one strong reason because there is another stronger reason why I still want assets to be stored in a private wallet.

Moving a small amount of assets is not an option if the transaction fee is high especially the value to be moved is less than $100. Fee Bitcoin per transaction is now at 132 sat/vB for high priority based on migration.
While waiting for ATH Bitcoin to be achieved, the fee will probably be low. Please be patient first.