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bitcoin network fee +200% of transaction
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jokii
#1 Posted : Sunday, December 17, 2023 5:45:07 PM(UTC)
Rank: Newbie

Groups: Registered
Posts: 4
I am buying 1 year sub every year. I was going to extend another one and I was surprised that for $20 transaction I need to pay + $38,20 of network fee. All in all $58,20 to transfer $20. I don't remember it being that high. I use coinbase. I am noob in crypto world. Is there way around this or this is normal cost of transactions in bitcoin these days ?
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JoyAdmin
#2 Posted : Monday, December 18, 2023 11:14:55 AM(UTC)
Rank: Administration

Groups: Administrators
Posts: 4,881

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Yes, the recent craze for minting on bitcoin network has led to excessively high Bitcoin transaction fees. Hopefully, the transaction costs can come down after some time.
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Stalskgd
#3 Posted : Monday, January 29, 2024 3:41:09 AM(UTC)
Rank: Newbie

Groups: Registered
Posts: 2
Is it possible to pay with something other than BTC? usdt or something else
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