Can someone out there please help me figure out where the fee's went? I own some Litecoin which i bought from my Coinbase account. I made two transfers to my hardware wallet. The first transfer was for 1 Litecoin and the second was for 18 Litecoin. The coin I received from the transfer was .5 and 15.5. To say I am beyond irritated is an understatement. Nowhere during the transfer process did it say the fee would be the difference (.5 and 2.5). If it did, I wouldn't have transferred it.
This can't possibly be the fee's associated with making the transfer, can it? I've looked up the transactions on live.blockcypher.com and it shows 1 input consumed and 2 outputs. Now, this doesn't do me any good because, honestly, I have no idea what I'm looking at. Can someone please help me figure this out and the steps I can take, if any, to recoup the remainder of my coin?
The Coinbase website states:
Transfers of virtual currency to an address off the Coinbase platform may incur network transaction fees, such as bitcoin miner’s fees, which Coinbase may pass through to you. Any such transfer fees will be disclosed to you at the time of the transaction.
But litecoin transaction fees average around 0.004 litecoins, so what you have been charged seems pretty steep. Since you were able to look up the transactions on the blockchain, you should also be able to view the fees from there.
