Bitcoin Transaction Fees Experience Dramatic Drop

[billionairesmind]

Bitcoin Transaction Fees Experience Dramatic Drop

Last year, the rapidly growing fees, charged by Bitcoin miners for validating BTC transactions, became a major cause for concern for consumers and businesses alike. Some platforms, such as the online video game store Steam, stopped accepting Bitcoin payments, citing high transaction fees as one of the reasons to do so.

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Comments

[misschipmunkdiva]

Thanks great that the fee's are dropping atleast..

[shivpatel29]

Yes this reduction is due to the Segwit 2x support. The approx fees to transfer 1 btc is just 3-5$.