In this past few days/weeks along with the increasing value of bitcoin the transaction fee is also increasing rapidly until now.
There are lot of people who works through cryptocurrency and using cryptocurrency to make transactions online and to use as a mode of payment. In short we mostly used transaction in the cryptocurrency industry.
There are two types of people in the cryptocurrency:
1. People that transact big amount of bitcoins.
2. Poor people that transact low amount of bitcoin. (That includes me.)
Since the increasement of the transaction fee i am not able to make any small transaction because of the the high tx fee. A good example is I'm going to transfer a 0.001BTC to my friend as a payment and the transaction fee is 0.0016BTC (Low transaction fee.) People like me is facing a big problem regarding the transaction fee. How about you guys?
Yes it's indeed sad for anyone who uses it, and I can understand the frustration that every one faces. However I feel one can counter this fees impact, by using electrum wallet. Then select the time, I had carried out three transactions during mid day, mid eve and mid night, I ended up paying 12, 6 and 1.45$ in fees which proves it, select your time right and you can save your fees a lot.