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RE: WHY are transaction fees so HIGH!

in #bitcoin7 years ago

It must mean that the BItcoin network is really busy right now. I'd try again later.

I don't know what Exodus is, but there must be a way to set the transaction fee lower and just wait longer for the BTC to be transacted.

Bitcoin is so popular right now, that it has huge busy times and as a result, if you want a transaction to go through quickly it costs more.

If you can't configure Exodus to lower the transaction fee (I think it should only cost 0.0002 as a minimum fee but longer wait time) then I think you have to start using a different bitcoin wallet. Good luck.