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❓ASK Why was i charged -0.0005022 bitcoin for a bitcoin transfer of 2$ ?

Josemendez

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Am new to bitcoin . just few hours ago I credited my betting account with 2.13$ and I was charged -0.0005022. What could be the reason ?
 
what wallet did you use ? are you using the wallet before but this is the first time that you have been charge by a high fee ? the caused might be the increase of bitcoin value . the higher the btc value the higher the fee also . although the fee sometimes differ on different wallets .
 
what wallet did you use ? are you using the wallet before but this is the first time that you have been charge by a high fee ? the caused might be the increase of bitcoin value . the higher the btc value the higher the fee also . although the fee sometimes differ on different wallets .
Am using the web bitcoinwallet acessed from bitcoindotcom . was surprised when I saw that huge charge . could it be because it was my first bitcoin transaction? Or what else could be the cause ? How can I contact them to hear directly from them ?
 
Am using the web bitcoinwallet acessed from bitcoindotcom . was surprised when I saw that huge charge . could it be because it was my first bitcoin transaction? Or what else could be the cause ? How can I contact them to hear directly from them ?
The higher the bitcoin value the lower the bitcoin price this is what I have experienced. Also any people are facing this problem. A person was charged 17$ for transferring 70$ bitcoin.
 
The higher the bitcoin value the lower the bitcoin price this is what I have experienced. Also any people are facing this problem. A person was charged 17$ for transferring 70$ bitcoin.
Wow . 17$ is much . but why are they charging this huge amount of money ? What could be their reason ? . get bitcoin is not easy for one to be charged that huge amount of money . I hope they rectify this issues soon .
 
Am new to bitcoin . just few hours ago I credited my betting account with 2.13$ and I was charged -0.0005022. What could be the reason ?
I suggest change your wallet. Try Blockchain or Exodus and see who works best for you.
 
I suggest change your wallet. Try Blockchain or Exodus and see who works best for you.
Thanks but are they secured? I have read stories where one lost his bitcoin to hackers .
Mr B do you use any of those wallet ?Also where can I download them or the link to the web page . thanks in anticipation.
 
Thanks but are they secured? I have read stories where one lost his bitcoin to hackers .
Mr B do you use any of those wallet ?Also where can I download them or the link to the web page . thanks in anticipation.
I use both, never had issues. If you enable their security you should be just fine as I am and many hundreds of thousands of users of these wallets.

Official domains: blockchain.com and exodus.io
 
I use both, never had issues. If you enable their security you should be just fine as I am and many hundreds of thousands of users of these wallets.

Official domains: blockchain.com and exodus.io
Thank you very much Mr B . I will quickly change to their wallet having assured me of their security which ia of utmost importance. I will use the block chain own for now . thank you once again .
 
Coinbase charges lot of fees , I agree. So use blockchain from next time , it asks only some satoshis for miner fees. I don't know which wallet you use , but I recommend only blockchain to store and send bitcoins.
 
Coinbase charges lot of fees , I agree. So use blockchain from next time , it asks only some satoshis for miner fees. I don't know which wallet you use , but I recommend only blockchain to store and send bitcoins.
Thank you too for your advice . I am about to do so
 
seems like you have tried to transact bitcoin during the time when btc fees was too high. You can wait for sometime , so that the fees goes little lower or you can try blockchain wallet to store and send bitcoins , because it charges less fees.
 
I experienced same high fees with coinbase when I exchange my coins with an individual exchanger. I'm thinking to change my wallet maybe I try block chain.i hate any kind of riffoff by sites.
 
It might be the transfer charges or currency exchanging charges as per my knowledge. Also the possibility is that the wallet you used might be a scam.
Bitcoin fees is high most of the times when the Bitcoin price is high. It may not be called a scam wallet just because the fees is high.
 
I think the high fee is sometimes caused by the huge transaction on bitcoin network and most times site add theirs , I suggests you try trust wallet
 
what wallet did you use ? are you using the wallet before but this is the first time that you have been charge by a high fee ? the caused might be the increase of bitcoin value . the higher the btc value the higher the fee also . although the fee sometimes differ on different wallets .
 
Bitcoin fees is high most of the times when the Bitcoin price is high. It may not be called a scam wallet just because the fees is high.
You are right! The fees are dependent on the price of bitcoin and this is not just restricted to bitcoin, even ethereum fee too has gone higher. The wallet type should be considered too.
 
You are right! The fees are dependent on the price of bitcoin and this is not just restricted to bitcoin, even ethereum fee too has gone higher. The wallet type should be considered too.
The price doesn't really play much effect. But when there is high transaction going on the network there should be high fee and bitcoin is one of them
 
You are right! The fees are dependent on the price of bitcoin and this is not just restricted to bitcoin, even ethereum fee too has gone higher. The wallet type should be considered too.
In almost all the wallets , ethereum fees is not less than $1. The fees has rised incredibly after the sudden increment in ethereum price.
 

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