Hi, Today i sent 0.01 BTC from my electrum wallet to my localbitcoins account.I was shocked to see that i have been charged an incoming fee of 0.00048174 BTC for just 0.01 BTC.
Almost $2.80.
Do you feel that its a fair fee that too for an incoming transaction?
That's Ridiculous.
This is not surprise for me cause I already experienced worst than that. last week I was about to send 0.0015 btc to invest in one of the mining site using my local bitcoin accounts, then I was upset because when I saw the processing fee amounting of almost $ 11 to be added on top of 0.005 btc, then due to the disappointment I canceled the transaction. its very unfair if the processing fee is huge for a little amount of bitcoin we are sending.