processing fees

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Last post made 9 months ago by djmorter3
winmeister
  • Started by
  • winmeister
  • United States Newbie 8
  • last active 1 year ago

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  • I just had a bitcoin exchange charge e about 40% for processing a send on some bitcoin. I have no idea how to complain or figure out on my own wy this happened. It is not a lot of money but the idea that it happened. I have used the for years and never had this happen before.

  • Hello winmeister,

    Understandably, you are frustrated about the unexpected fee charged by the Bitcoin exchange for processing your transaction. 

    To figure out why this happened, you can try reaching out to the customer support team of the Bitcoin exchange and asking for an explanation of the fee. They should be able to provide you with a breakdown of the fees charged and why they were necessary. 

    One possibility is that the Bitcoin network was experiencing high traffic at the time of your transaction, which can result in higher fees to ensure your transaction is processed quickly. Another possibility is that the exchange may have changed its fee structure since you last used its service.

  • Hi everyone,

    Yes, it seems a lot of people are having this issue with Bitcoin. Myself included. I received and email from one of my crypto casinos that Bitcoin will no longer be processed. Something is going on with Bitcoin and it does not seem like a good thing. 

    I wanted to let everyone know what I did to avoid those fees. Instead of buying Bitcoin, I bought Bitcoin Cash. I was able to deposit into a Crypto casino with it and had the same low fees for the transactions. 

    I hope this helps people out a bit. I love playing Crypto casinos. I am glad so many now do not just accept Bitcoin.

    Have a great week ahead everyone! 

    Blessings,

    ~Enygma~

     

     

  • Bitcoin transactions in online casinos have become excessively pricey, deterring users from seamless gaming experiences. High fees diminish the appeal of cryptocurrency gambling, urging platforms to reevaluate their fee structures for better accessibility and user satisfaction.

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