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RE: Bitcoin Median Transaction Fee $5 USD. Exodus wallet charges $61. Ridiculous.

in #bitcoin7 years ago

Yeah ETH is bad, especially if people do not know the gas trick. Apparently the network requires high gas at times, and will try to charge you $30 to get into an ICO. The trick I heard was to increase the gas, but drastically drop the gas price you are paying. It is something the wallets will not do automatically, so you have to manually figure this out, otherwise you can pay very high fees on ETH transactions.