MultiversX Tracker is Live!

Why are Tx fees on Binance still so expensive!?

Bitcoin Reddit

More / Bitcoin Reddit 119 Views

I just completed purchase of a Coldcard wallet using BTC (because I'm dropping my Ledger for obvious reasons). The Tx fee was 21599 sats.

Now, I am transferring a bit of BTC I purchased recently off of Binance to my cold wallet, and the Tx fee from Binance is 100_000 sats. Really annoying that they are gouging the fees so hard... There is no reason for it! I could understand the fee when the UTXO's were so high, but it has dropped back to reasonable levels now, evidenced by the small fee I paid just earlier.

If it keeps up, I'm no longer going to obtain BTC from them. Going to find alternatives.

I have emailed their support asking for an explanation. I can update here with any responses I get.

submitted by /u/Paragon_Voice
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments