You are viewing a single comment's thread from:RE: How to convert Steem/SBD to USD/Euro more efficientlyView the full contextView the direct parentjustyy (74)in #blocktrades • 7 years ago Thanks, so one more question please: is $5 the cost per bitcoin transaction (regardless the amount)?
Yes, there is a fixed bitcoin fee per transaction regardless of the amount of the transaction, and the fixed fee is currently about $5 USD. It's why I wrote this post, to warn people about this issue when buying, so they don't pay unnecessary fees.
Thanks! OMG, I wished I knew this a lot sooner.. I have wasted so much transaction fees...
The fees weren't so high in the past, but it's gone up a lot for bitcoin recently.