Bitcoin transactions Fee Dropped to 1.23$

Words
91
Reading
1 min
Listen
Play
8y

 Yesterday, the cost of the Bitcoin(BTC) transaction reached a record low. Users now only need to pay 1 satoshi per 1 byte in order for their transaction to be included in the next block. In other words, the transaction for a minimum commission will be confirmed in approximately 10 minutes and the average commission fee for BTC, according to bitinfocharts.com, is about 1.23$. Note that during the period of peak Bitcoin prices in December 2017, the commission reached a maximum of  55$  for transfer of BTC .  Among the reasons for the reduction of  those commissions, experts refer to the use of batch processing of transactions by cryptocurrency-exchanges and large organizations.
Bitcoin transactions Fee Dropped to 1.23$ | Ecency