Transaction fees going down~

[DustyRah]

Looking at the graph below from https://dedi.jochen-hoenicke.de/queue/#30d the transaction fees have dropped significantly. Not exactly sure how to read this chart though.

This is true, there has been a decrease although not significant.
2 day ago i sold my bitcoin with a transaction fee of 0.0011 or about $ 12.94, and today i sell my bitcoin with transaction fee of 0.001 or about $ 11.76.

It depends what you are willing to pay. The lower you pay, he longer it will take but the transaction fees are very low right now if you are willing to wait a few hours. If you use Setwit wallet, you can even send it without transaction fees.

[audrey12]

I think transaction fees are based on the current value of bitcoin because I notice when I transfer fund from my blockchain the fees are high when bitcoin value are low while fees are low when bitcoin value is high. Same thing happens to my other wallet and since bitcoin value start to pump slowly the fees are also starting to lessen. But I would suggest if you are from Philippines and have coins.ph better use it because it has no fees when transferring funds