Fees are sky high

[HOT_HEAD]

I have about 35$ that I'd like to buy BCH with, but with the transaction fees, I can barely get 8$ out of those 35$. Anyone know a way to buy BCH on blockchain directly from your BTC balance? Also, Could I maybe set a low low fee and use transaction accelerator to push it through?

[Hobo66]

High Fee is now a big problem for low income investor. Of course no one can bear 20% fee.
I have some solution for you to avoid high fee.
First choose Binance P2P trading where you will get Usd or Btc without any fee. Then trade for BCH.
2nd one is tobuae FTX exchange. Send trc20 to Ftx and exchange this xoin with BCH. Ftx has no withdraw fee . you can withdraw btc,Eth,BCH without any fee to any wallet or exchange.

[Sterbens]

High Fee is now a big problem for low income investor. Of course no one can bear 20% fee.
I have some solution for you to avoid high fee.
First choose Binance P2P trading where you will get Usd or Btc without any fee. Then trade for BCH.
2nd one is tobuae FTX exchange. Send trc20 to Ftx and exchange this xoin with BCH. Ftx has no withdraw fee . you can withdraw btc,Eth,BCH without any fee to any wallet or exchange.

We have found many times that the average problem is the same, which is related to shipping costs which are very unfriendly for small traders. it is difficult for us to find this solution, unless the Dev and his team make concessions for this very expensive cost. but that is not possible, they are doing business and looking for profits not see small or large traders. they assume that their wallet will still be used. It is not realized that gradually, if one exchange at a low cost emerges, it will have a great consequence to abandon the old and switch to the new.

[seleme]

There is direct exchange supported wallets but I don't recommend the mentioned option due to the mentioned reasons. The high fees and extreme volatility will lead the user to lose more on the process, so better try the alternative choices. The best option is to use middle exchange websites that take a small fee for converting one crypto to another. Try bestchange and check the fees. Converting one altcoin to another should be easy if the fees are lower than current market required fees. The $18 fee per ETH token transaction is very high and ridiculous to pay for small amount token transfers.

[JooBra]

I'm low volume trader and investor if you can call me that lol... What I do is use Binance if possible... If not i try to move my money with coins which are not eth20 and have low fees...

[hulla]

I have about 35$ that I'd like to buy BCH with, but with the transaction fees, I can barely get 8$ out of those 35$. Anyone know a way to buy BCH on blockchain directly from your BTC balance? Also, Could I maybe set a low low fee and use transaction accelerator to push it through?

The hike in tx fee is challenging but I believe the fee is somehow low during the UTC mid night time and prevent some future further situation like this it better to use SegWit support wallet so you can join cheap fee.
Having said that, it hard to provide the platform for you to buy BCH directly from your balance without knowing the wallet provider you use.

High Fee is now a big problem for low income investor. Of course no one can bear 20% fee.

The transaction shouldn't be a big problem for small cryptocurrencies if they can follow the mempool status or use the Bitcoin transaction price estimator to know the best to move their coin.

[molsewid]

I have about 35$ that I'd like to buy BCH with, but with the transaction fees, I can barely get 8$ out of those 35$. Anyone know a way to buy BCH on blockchain directly from your BTC balance? Also, Could I maybe set a low low fee and use transaction accelerator to push it through?

I just sold an eth worth 50$ yesterday and I pay $7 for the gas fees yes it is very espensive imagine that small money that you will not get in whole because of the fees, that the reason why people still waiting for eth 2.0 or they make another chain using binance smart chaiin to avoid this kind of high fees and congested network, this is normal to btc and eth but nobody wants to pay for a high fees, so what I am doing is converting it to xrp or trn for small fees and faster transaction maybe you may follow what I advice too but it's up to you if you want to endure this fees.

[nelson4lov]

I have about 35$ that I'd like to buy BCH with, but with the transaction fees, I can barely get 8$ out of those 35$. Anyone know a way to buy BCH on blockchain directly from your BTC balance? Also, Could I maybe set a low low fee and use transaction accelerator to push it through?

I haven't used blockchain wallet for years so I don't really have a "working" method that might help you. I think your best bet is to withdraw from blockchain to either Binance or FTX. Then when you've traded your BTC to BCH, You can proceed to send it back to your blockchain. While you would still be required to fees, I think it would be much more better compared to the $25 in fees that is currently being charged by blockchain as fees.

It feels like high fees are here to stay. Months have passed and everyone just complains only to go back and make tx with higher fees.

[batang_bitcoin]

I have about 35$ that I'd like to buy BCH with, but with the transaction fees, I can barely get 8$ out of those 35$. Anyone know a way to buy BCH on blockchain directly from your BTC balance?

Just go to the exchanges like Binance. If you want to do that with your wallet that has an integrated exchange, you're really about to be eaten by the fees. Integrated exchanges on wallets have high fees because of the commission the wallet gets.

Also, Could I maybe set a low low fee and use transaction accelerator to push it through?

Send your BTC to Binance with at least or more than 10 sats/byte and use https://www.viabtc.com/tools/txaccelerator to accelerate it on xx:00 time.

[senyorito123]

I have about 35$ that I'd like to buy BCH with, but with the transaction fees, I can barely get 8$ out of those 35$. Anyone know a way to buy BCH on blockchain directly from your BTC balance? Also, Could I maybe set a low low fee and use transaction accelerator to push it through?

I haven't experienced any transaction accelerator, and I only had the options to wait until network will be free from congestion. Don't be worried about the high transactions of btc or bch, it's still cheap than ethereum. If you wanted your transactions faster then setting a higher gas is the best strategy, but of course the cost is barely high and so painful to think once you don't have bigger profit on your trades.

[Ryker1]

I have about 35$ that I'd like to buy BCH with, but with the transaction fees, I can barely get 8$ out of those 35$. Anyone know a way to buy BCH on blockchain directly from your BTC balance? Also, Could I maybe set a low low fee and use transaction accelerator to push it through?

I haven't experienced any transaction accelerator, and I only had the options to wait until network will be free from congestion. Don't be worried about the high transactions of btc or bch, it's still cheap than ethereum. If you wanted your transactions faster then setting a higher gas is the best strategy, but of course the cost is barely high and so painful to think once you don't have bigger profit on your trades.

Well, this perhaps goes the wrong idea. Ethereum also has a high fee and almost the same as bitcoin, both quite have the same busy network.
I may advise instead to use an exchange that has a very low fee when it comes to swapping coins. Perhaps Binance is the answer, but it if does not.
I rather accept the fact that nowadays, it is hard to transact a low amount because the fees will eat it all, I rather choose to stay on my wallet and wait for another alternative ways to lessen the fees.

[bitkanu]

Why don't you just try to offer your balance on the exchange section. i guess you will get your $35 BCH without any 3rd party fees.
Dude, the transaction fees of BCH is quite small and I think that it will be cost your less than 0.5 cents to withdraw your BCH from the exchange site.
There two ways for you to exchange your balance for BCH.

[poodle63]

Transaction accelerator usually also demand some payment IMO that's what I experienced when using transaction accelerator that's kinda premium (no need to queue), however the free ones need you to get in queue and also compete with other to submit your txid.
You can set your fee to lower than standart fee but there's always risk of transaction not succesfull or the confirmation arrives a day later.
Maybe just find transaction accelerator that offers less limitation I guess.

[Farma]

Personally, I currently do not make transactions to send tokens out of wallets, or exchanges. I don't think I'm the only one doing this. many people complain about the high fees, some even think that this is a vital mistake. Well, currently the transaction is quite solid, so I thought about waiting for the fee to return to normal.

[WalkerIVIV]

I have about 35$ that I'd like to buy BCH with, but with the transaction fees, I can barely get 8$ out of those 35$. Anyone know a way to buy BCH on blockchain directly from your BTC balance? Also, Could I maybe set a low low fee and use transaction accelerator to push it through?

The result will be the same and why? you are using bitcoin cash and that has very small amount of fees. it's still nothing compared with ethereum.
When you are paying the actual fees and the total amount will be the same when you are psaying the small fees + tx accelerator.
You just need to pay a few cents only to make it will be delivered instantly. No need to use tx accelerator.

[LogitechMouse]

I agree with this. Fees in Bitcoin and Ethereum are right now at its peak.

Because of this, I really stopped doing some small transactions and rather wait for quite some time or at least hold it and I will do just one transaction instead of doing more than 1 so that I will spend lower in fees. I only withdraw in Bitcoin or Ethereum once a month only to minimize my fees. As much as possible, I don't want to transfer small amounts of money right now because fees will eat all of your money. 2 options, just make 1 transaction per month or use other coins to transfer if you really need it.

[cabron]

This is becoming normal when the prices are also mooning. This problem had been around for sometime already, small transactions are always going to be a problem with BTC and ETH. Nothing else we could do about it.

Can't you send your $35 to an exchange instead and since your amount isn't that big, you may just leave it on the exchange like Binance, they are trusted anyway.

[tbct_mt2]

I have about 35$ that I'd like to buy BCH with, but with the transaction fees, I can barely get 8$ out of those 35$. Anyone know a way to buy BCH on blockchain directly from your BTC balance? Also, Could I maybe set a low low fee and use transaction accelerator to push it through?

Bitcoin and Bitcoin Cash are different. You can claim your Bitcoin Cash from your Bitcoin's private key. Unfortunately, it is not what you can do if you use exchange's custodial wallets.

Bitcoin Cash transaction has cheaper fee than Bitcoin transaction and I don't understand why you want to save transaction fee with Bitcoin Cash  and switch to Bitcoin transaction. It sounds unrealistic.

You can get average transaction fee of them
https://blockchair.com/bitcoin
https://blockchair.com/bitcoin-cash

[Shallow]

If I understand you correctly, you have BTC and want to buy BCH, and the BTC is in your personal wallet, I don't think there is any way to go around it than paying the fees, and that alone is highly discouraging. Another thing is, if you try to customise the fee, that is, to bring it down a notch, you might end up having unconfirmed transactions which will take a lot of time and in most cases as well, transactions acceleration hardly works, thus you might end up waiting for days. Also, if you cannot afford to waste such on fees, you might want to hold for a while longer. To be frank, the high fees nowadays is pushing out small investors and the Ethereum blockchain seems to be leading and also, when people see coins they would want to buy, they might only end up losing interest because of fees.

[VanDeinsberg12]

Yeah the fee is expensive not because the fee needed higher than usual but because the price of bitcoin itself is sky rocketing (well maybe the fee needed also higher since traffic is high aswell).
Maybe just wait until the market becomes chill and the fee probably could decrease on its own but its gonna take probably weeks hopefully, transaction accelerator also worth to try if it's free.
Just be sure to choose the one with more nodes.