Bitcoin Forum
June 22, 2024, 06:52:05 AM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: [1]
  Print  
Author Topic: Binance and BTC tx fees  (Read 86 times)
Coolserver.host (OP)
Jr. Member
*
Offline Offline

Activity: 97
Merit: 3


View Profile
November 10, 2018, 11:23:54 AM
 #1

They keep screwing it up...

Again tx fee is way to low and i have to wait for hours or sometimes even a full day to get 1 confirmation on Binance withdrawals... Getting sick and tired of this to be honest.

Can we get Binance's attention on this?
TryNinja
Legendary
*
Offline Offline

Activity: 2870
Merit: 7117


Crypto Swap Exchange


View Profile WWW
November 10, 2018, 12:29:44 PM
Last edit: May 14, 2023, 04:02:34 AM by TryNinja
 #2

There is not much they can do when the mempool just gets filled up with tons of transactions with a fee higher than yours.

The transaction was probably sent right before the peak shown here:

█▀▀▀











█▄▄▄
▀▀▀▀▀▀▀▀▀▀▀
e
▄▄▄▄▄▄▄▄▄▄▄
█████████████
████████████▄███
██▐███████▄█████▀
█████████▄████▀
███▐████▄███▀
████▐██████▀
█████▀█████
███████████▄
████████████▄
██▄█████▀█████▄
▄█████████▀█████▀
███████████▀██▀
████▀█████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
c.h.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀█











▄▄▄█
▄██████▄▄▄
█████████████▄▄
███████████████
███████████████
███████████████
███████████████
███░░█████████
███▌▐█████████
█████████████
███████████▀
██████████▀
████████▀
▀██▀▀
BitHodler
Legendary
*
Offline Offline

Activity: 1526
Merit: 1179


View Profile
November 10, 2018, 01:19:49 PM
 #3

They keep screwing it up...

Again tx fee is way to low and i have to wait for hours or sometimes even a full day to get 1 confirmation on Binance withdrawals... Getting sick and tired of this to be honest.

Can we get Binance's attention on this?
Waiting a full day is ridiculous, especially with how the network in the last months hasn't been congested to the point where transactions remain unconfirmed for more than a couple of hours at most.

I keep sending transactions with very low fees without even looking at how congested or not congested the network is, and I continuously get first next-second block confirmations.

Makes me wonder though, how low is the fee Binance uses, and are they using SegWit? It all seems like they still use legacy format addresses, which for such a large exchange is quite shocking to be honest.

BSV is not the real Bcash. Bcash is the real Bcash.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!