The current transaction fees for bitcoin is high due to the large amount of transactions that remain unconfirmed (pending transactions). this is worsened as miners will typically go for the transactions with the highest fees to confirm and add to the next block and users will set their fees higher in order to get their transactions confirmed sooner.
As a result this creates a cycle of people increasing their transaction fees and miners only accepting the higher transaction fees. To remedy this, SegWit has been introduced to the bitcoin network in august and is still in the process of being adopted on a large scale.
Here at Wirex, we have implemented SegWit for all our users to try and reduce the miners fee by up to 60%. Also for our Wirex users, Transferring Bitcoin from one Wirex user to another is completely FREE (same goes for using our wallets).
If you want to learn more about us, feel free to visit our websites here:
if you are interested in what we have to offer, feel free to visit our website:
https://wirexapp.com/segwit-bitcoin-wallet-update/ https://wirexapp.com/bitcoin-money-transfershttps://wirexapp.com/wallet/