Forex Bitcoin Forum

Bitcoin Forex Forum

  • Forex Games
  • Forum
  • Dear friends! All bonus programs on the forum are temporarily suspended.       If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.      
      Dear friends! All bonus programs on the forum are temporarily suspended.       If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.      
    Results 1 to 6 of 6

    Thread: Why does my transaction cost so much, I thought Bitcoin was supposed to be cheap?

    1. #6 Collapse post
      Trader_Rob is offline
      Senior Member Trader_Rob's Avatar
      Join Date
      Oct 2018
      Posts
      703
      Thanks
      60
      Thanked 75 Times in 58 Posts
      SubscribeSubscribe
      1
      I think it still has a more reasonable transaction cost compared with other financial institutions that need a third party in order to complete a single transaction.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    2. #5 Collapse post
      Sendo12 is offline
      Senior Member Sendo12's Avatar
      Join Date
      Sep 2018
      Posts
      906
      Thanks
      43
      Thanked 88 Times in 82 Posts
      SubscribeSubscribe
      0
      It depends on your exchange site or broker. Some brokers charge really high transaction fees. That is why you should also be careful in choosing one.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    3. #4 Collapse post
      Aya is offline
      Senior Member Aya's Avatar
      Join Date
      Sep 2018
      Posts
      931
      Thanks
      32
      Thanked 89 Times in 84 Posts
      SubscribeSubscribe
      0
      Because of the high demand but limited network space, bitcoin transaction fees are really high.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    4. #3 Collapse post
      darexgeorgieviya04 is offline
      Senior Member darexgeorgieviya04's Avatar
      Join Date
      Feb 2018
      Posts
      625
      Thanks
      0
      Thanked 16 Times in 16 Posts
      SubscribeSubscribe
      0
      This has created what is called a fee market, which has primarily been a premature artificially induced price increase on transaction fees due to the limited amount of block space available (supply vs. demand).

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    5. #2 Collapse post
      sashavich04 is offline
      Senior Member sashavich04's Avatar
      Join Date
      Jan 2018
      Posts
      601
      Thanks
      0
      Thanked 27 Times in 22 Posts
      SubscribeSubscribe
      0
      Transaction fees have spiked on the Bitcoin Core (BTC) blockchain mainly due to a limit on transaction space.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    6. #1 Collapse post
      PALM is offline
      Senior Member PALM's Avatar
      Join Date
      Jul 2018
      Posts
      500
      Thanks
      0
      Thanked 33 Times in 18 Posts
      SubscribeSubscribe
      0

      Why does my transaction cost so much, I thought Bitcoin was supposed to be cheap?

      Why does my transaction cost so much, I thought Bitcoin was supposed to be cheap?

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts
    •