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Coin Metrics says the transaction fee stands at $7.67 which is astronomical. ETH is a bit lower at $1.39 but that is still far far higher than most payment ins

• 1996 8y ago
  Check western union.
• xur17 8y ago
  I'm not sure where you are getting those figures from, Coin Metrics shows fees under $1 for both for me [0]. The two sites I've used in the past that have been pretty accurate show ~$0.10 for both [1] [2]. [0] https://coinmetrics.io/charts/#assets=btc,eth_left=averageFeeUsd https://coinmetrics.io/charts/#assets=btc,eth_left=averageFe... [1] https://ethgasstation.info/index.php https://ethgasstation.info/index.php [2] https://bitcoinfees.info/ https://bitcoinfees.info/
• jMyles 8y ago
  I don't use BTC much these days, but if you're paying $1.39 for an ETH transaction you're most certainly paying too much. The StdCost right now is a dime. You can get away with less if you're willing to wait for confirmation (which is possible if you're transacting locally with neighbors). https://ethgasstation.info/ https://ethgasstation.info/
• micahriggan 8y ago
  https://ethgasstation.info/ https://ethgasstation.info/ shows $0.092 (3 minutes) for an eth transfer and https://bitcoinfees.info/ https://bitcoinfees.info/ shows $0.13 for a bitcoin transaction in the next block (10 minutes) I have a feeling what you're looking at is old data? Transfers are cheap right now