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+--- Thread: BTC Fee: To send $12, Pay $15 Fee WTH? (/showthread.php?tid=6118636)
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BTC Fee: To send $12, Pay $15 Fee WTH? - Jinu - Oct 30, 2020
I had some money left on my BTC address that is linked with the Block chain.
Today I tried to buy something on the internet. When I saw the fee, I was shocked. WTH!
![[Image: HMCbd6C.jpg]](https://i.imgur.com/HMCbd6C.jpg)
Is there any way to reduce the fee amount? This is ridiculous.
RE: BTC Fee: To send $12, Pay $15 Fee WTH? - Omniscient - Oct 30, 2020
First, stop using blockchain wallet because it doesn't support Segwit. And currently fees are super high so that's for pretty much everyone.
https://bitcoinfees.net/
RE: BTC Fee: To send $12, Pay $15 Fee WTH? - Kill Joy - Oct 30, 2020
Click customize fee on the bottom right > reduce the amount and prepare to wait 6-24 hours +
Or if you have access > swap to ETH > send ETH.
View fees here: https://bitcoinfees.net/
There is a congestion in the mempool. The line for transactions to be processed is getting longer. People are impatient so they are paying more to skip the line and go to the front. The more people that do this, the longer the line gets and the more expensive it is to be at the front of the line.
RE: BTC Fee: To send $12, Pay $15 Fee WTH? - SIM-1729678 - Oct 30, 2020
(Oct 30, 2020 01:13 PM)Omniscient Wrote: First, stop using blockchain wallet because it doesn't support Segwit. And currently fees are super high so that's for pretty much everyone.
https://bitcoinfees.net/
Anything you would recommend? I personally use blockchain as well and I am not really big into the crypto world. Just read up on Segwit and might just switch up if there is a nice replacement available 😁
RE: BTC Fee: To send $12, Pay $15 Fee WTH? - Meow - Oct 30, 2020
Go to your Blockchain wallet and exchange your BTC to ETH/LTC (or something else) and pay that way.
RE: BTC Fee: To send $12, Pay $15 Fee WTH? - Omniscient - Oct 30, 2020
(Oct 30, 2020 02:47 PM)ScreemS Wrote: Anything you would recommend? I personally use blockchain as well and I am not really big into the crypto world. Just read up on Segwit and might just switch up if there is a nice replacement available 😁
Just use Electrum.
RE: BTC Fee: To send $12, Pay $15 Fee WTH? - Dilema - Oct 30, 2020
(Oct 30, 2020 05:08 PM)Focus Broken Wrote: In addition to lacking Segwit receive addresses, Blockchain.com's wallet doesn't even support SENDING from their wallet to bech32 addresses (which have the highest fee savings) because they don't recognize the bc1q address format as valid. Every other service I know of at this point can send to bc1q addresses, Blockchain.com is truly obsolete.
Im a regular BTC user, i been using Blockchain for years for its simplicity and clean design, straight to the point, but after this situation i realized i need a change
What wallet would you guys suggest me?
RE: BTC Fee: To send $12, Pay $15 Fee WTH? - Regulus - Oct 30, 2020
I was gonna do a $2 transaction and the fee was $10
RE: BTC Fee: To send $12, Pay $15 Fee WTH? - Jinu - Oct 30, 2020
Thank you guys, for the solution and suggestions. Let me swap my amount to ETC.
RE: BTC Fee: To send $12, Pay $15 Fee WTH? - shreder - Oct 30, 2020
(Oct 30, 2020 10:38 PM)Jinu Wrote: Thank you guys, for the solution and suggestions. Let me swap my amount to ETC.
You should try ETH before ETC.
RE: BTC Fee: To send $12, Pay $15 Fee WTH? - Jinu - Oct 30, 2020
(Oct 30, 2020 11:08 PM)shreder Wrote: You should try ETH before ETC.
My bad. I posted ETC instead of ETH. 😁
RE: BTC Fee: To send $12, Pay $15 Fee WTH? - shreder - Oct 30, 2020
(Oct 30, 2020 11:10 PM)Jinu Wrote: My bad. I posted ETC instead of ETH. 😁
Lol you had me confused there for a second haha.
RE: BTC Fee: To send $12, Pay $15 Fee WTH? - Jinu - Oct 31, 2020
(Oct 31, 2020 03:16 AM)Focus Broken Wrote: ETC fees are lower than ETH, you had the choice right the first time 😋
Lol! Now I'm really confused.
RE: BTC Fee: To send $12, Pay $15 Fee WTH? - βytes - Oct 31, 2020
As Omni said, sooner you stop using Blockchain wallet to store good amount of money, that's better for you.
But if you wanna get those funds out of your blockchain wallet, don't be in a hurry and wait for the TX Fees to get normalized.
RE: BTC Fee: To send $12, Pay $15 Fee WTH? - shreder - Oct 31, 2020
(Oct 31, 2020 03:54 AM)Jinu Wrote: Lol! Now I'm really confused.
The reason why you have BTC was that many places on the internet accept it. The next best is ETH, just because ETC has a lower fee means nothing. There is a reason why there are empty blocks and low fees... because no one uses it.