Why is the BTC fee so high?
Why is the BTC fee so high?
Just tried to send or convert BTC to another wallet, and my Trust Wallet has said this transaction will cost about $20 USD. When did BTC fees begin to skyrocket? I don’t remember seeing BTC transfer fees this high before.
Jason Johnson Answered question November 23, 2023
When the network use upticks,the fees increase, just wait until there’s a backlog, weeks eating for tx to be confirmed and oh the fees will be astronomical.
It’s why they have been trying to implement side fixes rather than fix the blockchain problems since the ole bch fork.
Jason Johnson Answered question November 23, 2023