Bought Your First Bitcoin or Ether? Brace for the Fees

I sent $25 of Bitcoin from one address (in Coinbase) to another (Kraken).

– $25 sent
– $16 fee
– $41 total

40% of the total transaction in fees.


Ready to send your first bitcoin? That will be $26 please…

Sure, that’s on the high end of what you might pay to use the bitcoin blockchain today, but if you’re new to the world of cryptocurrencies (and haven’t invested that much), we understand seeing such a sky-high sum might be a shock. (Sorry, Kristian!)

You can read the full article written by Alyssa Hertig here.

Image credit.

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