Crypto News

The fee for the transfer of BTC increased by 300%

In anticipation of halving the situation in the market is heating up. The impact of lower awards is evident in all aspects of market trading. Recently, the amount of fee in the bitcoin network have soared by more than 300%.

On Friday, according to the portal Bitinfocharts, the average transaction value reached a record high last year – $3.19. On 26 April, the Commission was only $0,62, the increase in fees exceeded 300%.

It repeats the scenario of halving 2016, when the transaction cost is increased by more than 3 times in a couple of weeks before the event. However, to record December 2017, when the transfer fee was $55, still very far away.

This increase in fees may indicate the user readiness to pay more for faster processing of your transactions. It is also possible that many traders in a hurry to finish the deal in the last few hours before havinga and therefore ostanavlivajutsja Commission.

Recall that the number of unconfirmed transactions in BTC manule also increased significantly and has reached the level of June 2019.

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