<p>High fees are normal if there's congestion (yes there is currently). Against that, you may use wallets instead of exchanges that provide good fee estimations, and use Bech32 &quot;bc1..&quot; receive addresses.</p>

CC BY-SA 4.0
2021-01-04T15:50:27.690Z
2021-01-04T15:50:27.690Z
MCCCS
<p>I'm new to crypto. Well, I bought some back in 2017, but just forgot about it.</p>
<p>I just opened a Wirex account and transferred some btc to Prime XBT. I thought it would be cheaper than using Coinbase, but ended up paying a fee of 0.000513 btc on about £100 worth of btc.</p>
<p>Isn't that expensive? Or has something gone wrong? Any guidance would be much appreciated.</p>
<p>Regards,</p>
<p>Marc</p>

<transaction-fees><sending>
Newbie Mistake?
Marc London
# Newbie Mistake?

(Asked by: username_0 on 2021-01-04)

I'm new to crypto. Well, I bought some back in 2017, but just forgot about it.

I just opened a Wirex account and transferred some btc to Prime XBT. I thought it would be cheaper than using Coinbase, but ended up paying a fee of 0.000513 btc on about £100 worth of btc.

Isn't that expensive? Or has something gone wrong? Any guidance would be much appreciated.

Regards,

username_0

**Tags:** transaction-fees, sending


---

## 1 answers

### Answer by username_1 on 2021-01-04. Score: 0

High fees are normal if there's congestion (yes there is currently). Against that, you may use wallets instead of exchanges that provide good fee estimations, and use Bech32 "bc1.." receive addresses.


---

