Hi,
I have around 0.08 BTC in a GreenAddress.it wallet and i'm using it with their chrome extension.
Yesterday I tried to transfer 0.07 BTC to another BTC address and to my surprise the transfer fee was 0.00504992, that is 7.2% of the sent value, and about 2.28 USD. Fee calculation was /kb.
Is that a normal fee or am I doing something wrong?
My account balance consists of about 30 smaller transactions.
Greenaddress kindly replied to my same question, saying it is OK.
Any second opinion about this?
Thanks for your reply.
Cryptme