Re: [Jun 2024] Fees are high, wait for opportunity to Consolidate your small inputs
I paid $760 for a transaction yesterday, sending bitcoins using TrustWallet.
This wallet offered me the default commission size, and I was stupid enough not to double-check the information (although I always do this in Electrum and other wallets). At that second I thought that TrustWallet should set the optimal commission according to the mempool, but now I started to think that these bastards are in cahoots with the mining pools since they offer users commissions of crazy size by default.
This was the last day I used TrustWallet
It seems that way, I have been using trustwallet before and they've been like that for a long time already where the default fee that will be sent will always be higher than the transaction fee that we see in mempool.This wallet offered me the default commission size, and I was stupid enough not to double-check the information (although I always do this in Electrum and other wallets). At that second I thought that TrustWallet should set the optimal commission according to the mempool, but now I started to think that these bastards are in cahoots with the mining pools since they offer users commissions of crazy size by default.
This was the last day I used TrustWallet