Z ZenInvites 55 0 0 Rating 5.00 star(s) Country Not Phone Verified Multiple Accounts 0 Nov 22, 2020 #1 BitPay's fees for doing bitcoin escrow transactions are predatory. paid almost $10 to send a payment last time.
BitPay's fees for doing bitcoin escrow transactions are predatory. paid almost $10 to send a payment last time.
EpicNPC Administrator 72 0 0 Rating 5.00 star(s) Country United States Nov 23, 2020 #2 It's not Bitpay's fees, it's bitcoin fees in general. It does not matter what wallet you uses, the fees will be the same. https://bitinfocharts.com/comparison/bitcoin-transactionfees.html#6m You can see in this chart fees have been $4+ since Oct 20th, hitting a max of about $13 in early Nov, but are now coming down back to around $2-3. Bitcoin fees normally spike 2-3 per year, so when this happens there's not much you can do.
It's not Bitpay's fees, it's bitcoin fees in general. It does not matter what wallet you uses, the fees will be the same. https://bitinfocharts.com/comparison/bitcoin-transactionfees.html#6m You can see in this chart fees have been $4+ since Oct 20th, hitting a max of about $13 in early Nov, but are now coming down back to around $2-3. Bitcoin fees normally spike 2-3 per year, so when this happens there's not much you can do.