Crypto Transaction Fees

The cluster centers on debates about the high costs and impact of transaction fees in cryptocurrencies like Bitcoin and Ethereum, questioning their practicality for everyday use and comparing them to traditional payment fees.

📉 Falling 0.2x Finance & Crypto
4,831
Comments
20
Years Active
5
Top Authors
#4969
Topic ID

Activity Over Time

2007
3
2008
7
2009
14
2010
19
2011
58
2012
90
2013
278
2014
254
2015
147
2016
165
2017
669
2018
391
2019
226
2020
262
2021
947
2022
687
2023
264
2024
172
2025
165
2026
13

Keywords

ycharts.com e.g CPU UX FTX ETH BCH USDC BTC USD transaction transaction fees fees fee bitcoin transactions btc crypto usd network

Sample Comments

wyager Sep 19, 2022 View on HN

You seem to be missing the existence of transaction fees.

mulmen Jan 16, 2018 View on HN

Honest question: how does any of that help with transaction fees?

salvar Dec 7, 2017 View on HN

Wouldn't that cost a huge amount in transaction fees, making the whole thing moot?

nighthawk24 Aug 28, 2013 View on HN

Coming from a Bitcoin world, 2.1% + 30cents fees sounds ridiculous!

leshow Feb 3, 2022 View on HN

It regularly costs 50-100+ USD to send a transaction with popular coins, how is that reducing fees for anyone?

Taek Oct 26, 2016 View on HN

You have to pay transaction fees to the miners.

kevinak Feb 9, 2023 View on HN

The median fee in each block over the last while has been $0.03-0.06 - if you're paying 1 dollar you're doing something very wrong

MasterScrat Oct 20, 2015 View on HN

I am not sure they are taking into account realistic transaction fees.

nextparadigms Oct 22, 2011 View on HN

Lower transaction fees maybe? Like in the 0.x%.

jstanley Dec 13, 2017 View on HN

This isn't a bug, it's the definition of how transaction fees work.