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Has Blockchain Increased Its Fees On Transactions - Investment - Nairaland

Nairaland ForumNairaland GeneralInvestmentHas Blockchain Increased Its Fees On Transactions (796 Views)

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Has Blockchain Increased Its Fees On Transactions by FxBase(op): 4:03pm On Dec 10, 2017
Dear Nairalanders,

I need your submission to if I was right or wrong regarding this post. It happened yesterday Saturday 11/12/17 when I was to send $20 worth of BTC to a fellow, to my amazement, the regular fee on the said transfer was fixed at around $10 for the transaction. Leading to $30 in all.

My question is have you experienced such hike fees on blockchain, if yes, are there other wallet operators with lesser fees.

Thank you
Re: Has Blockchain Increased Its Fees On Transactions by chordrylateral(m): 4:44pm On Dec 10, 2017
Yes! blockchain has increased it's transaction fees
Re: Has Blockchain Increased Its Fees On Transactions by FxBase(op): 3:46pm On Dec 11, 2017
Thank you for this, but which other wallet do you think is less on commission
chordrylateral:
Yes! blockchain has increased it's transaction fees
Re: Has Blockchain Increased Its Fees On Transactions by JustCryptos: 6:26pm On Dec 11, 2017
FxBase:
Thank you for this, but which other wallet do you think is less on commission
The fees will go back to normal soon. There were a lot of unconfirmed transactions. Increasing the transaction fee is one of the ways to stop people from sending out little amounts. Follow the news and you'll understand.
Re: Has Blockchain Increased Its Fees On Transactions by FxBase(op): 3:56am On Dec 12, 2017
@Justcryptos, thanks for your time. Pls can u share a crypto new site? Thanks again and again
JustCryptos:
The fees will go back to normal soon. There were a lot of unconfirmed transactions. Increasing the transaction fee is one of the ways to stop people from sending out little amounts. Follow the news and you'll understand.
Re: Has Blockchain Increased Its Fees On Transactions by JustCryptos: 4:02am On Dec 12, 2017
FxBase:
@Justcryptos, thanks for your time. Pls can u share a crypto new site? Thanks again and again
You can try Luno, Paxful, Coinbase,, or Poloniex
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