Currently am using blockchain as intermediate wallet between sportsbook and coinbase but it seems the fees have gone up recently. Looking for any input on other options for USA players. Thanks for any input
Optional
Administrator
06-10-10
61490
#2
Miner fees are independent of the wallet.
Changing wallets will make no difference.
Fees are higher as network demand is higher and users are inputting higher fees to ensure they get in the next block.
.
Comment
Ant23
Restricted User
02-14-19
492
#3
Optional......once again U R Da Man with the Plan......thanks!!
miner fees seem to have gotten higher but maybe it's just my imagination. Anyway it still beats the p2p hassle and the HIGH fees associated with them. Glad I got with the 21st century folks and started using bitcoin
Comment
Optional
Administrator
06-10-10
61490
#4
No, your not imagining it.
It's one of the downfalls of the Bitcoin system. It's very sensitive to increases in transaction activity. And is why alternatives like Etherium are often pointed out as having a better system.
Scroll down to below the graph and this line is all you need to know
"Which fee should I use?
The fastest and cheapest transaction fee is currently 22 satoshis/byte"
I use the electrum.org desktop wallet, which makes it very easy to set the exact Satoshi/Byte number for each send. Its there inside the blockchain.com wallet settings too, but not as convenient.