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❓ASK Visa Transaction Fees Increase While Bitcoin's Remain Same

NoLimits15

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Visa has increased its online transaction fees to $1.99 per transaction, previously it used to be around $1.90 per transaction. It might not be a big increase but the fees slowly add up when you make a lot of online purchases. Bitcoin transaction fees are still the same which is around $0.35, but they may change depending on transaction size and miner requirements.
 
But in most of the reputed exchanger sites of cryptocurrencies , they charge transaction fees of Bitcoin upto 0.001 Bitcoin which is like $10 , these exchangers are earning from the fees.
 
Coinbase has even decreased the transaction fees further more that makes bitcoin a very suitable and very convenient option
 
Coinbase has even decreased the transaction fees further more that makes bitcoin a very suitable and very convenient option
You are right coinbase has drastically reduced it fees which is alot better now for users. It seems almost all payments options are increasing their fees even PayPal. The reduction with Bitcoin will make it more popular
 
You are right coinbase has drastically reduced it fees which is alot better now for users. It seems almost all payments options are increasing their fees even PayPal. The reduction with Bitcoin will make it more popular
Do you think that the reduced fees will be available for all the Bitcoins users or will it be a game 9nly for 5ge Coinbase account holders?
 
The blockchain network is not that congested despite the increase in it value so.bitcoin charges or transaction fees will not be higher than others. With coinbase reduction in fee many people will run their transactions on it than Fiat currencies
 
Do you think that the reduced fees will be available for all the Bitcoins users or will it be a game 9nly for 5ge Coinbase account holders?
No, I think it for all users I have read about such discrimination from them. They know too well that it must go round so until there's a memo to that effect I want to believe it for all
 
No, I think it for all users I have read about such discrimination from them. They know too well that it must go round so until there's a memo to that effect I want to believe it for all
But the technology was introduced by the coinbase compnay and I haven't seen a drop in gas fees from other services providers
 
Yes you are right that recently coinbase redued the transaction fee of btc..maybe its a reason to increse the population of coinbase more and more they get member more they earn
But unfortunately the transaction fees of bitcoin is till tooo much high even on Coinbase in comparison to the litecoin which offers cheap transactions
 
I think the no change in transaction fees for bitcoin is still high as the value of bitcoin has been decreased.
So, indirectly, I see a change.
Don't you think so?
It is very possible that there have not been any significant drop in the transaction fee holding to the fact that the price for over 4 weeks has been dwindling between $9000 and above just little below $9k either two or three days
 
Crypto now is a very good method of payment and you can use it to save extra cash especially from cash backs sites that offer crypto. Also some sites offer different crypto method of payment such as Litecoin which has extra lower fees and you can do all your transactions at very good rates.
Yeah, most of these apps that give cash back are worh to use cos they will help to boost Crypto no matter how little they are. If not for this period the transaction fee is been very cheap .
 

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