I purchased $40 worth of Bitcoin from a btc atm. I use this method to add to the same wallet every time a couple times a week. This time when it loaded to my wallet I needed to send it from there to another wallet on a site to use. It won’t send $32 saying I don’t have enough to cover the transaction fee. I look and see the transaction fee is $117.00??? When I’m sending $32 of btc? Why? enter image description here

  • Which wallet software is this? Good wallet software will allow you to specify the feerate you desire, though you do need to understand how transaction fees and the mempool (transaction queue) work in order to effectively manage your UTXOs.
    – chytrik
    Apr 22, 2021 at 19:40
  • My funds are on Coinbase wallet Apr 22, 2021 at 19:52


Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Browse other questions tagged or ask your own question.