Why is my Bitcoin miner fee so high?

Miners use fees to determine which transactions come first. The higher the miner fee attached to a transaction the higher the priority miners give the transaction. In most Bitcoin wallets, you will be able to select a priority level for your transaction - low, medium, or high. This will determine how quickly your transaction is confirmed by miners.

Using low or no miner fees may leave your transaction hanging for days. If you, however, use a moderate to high miner fee, your transaction will be confirmed in a short period of time.

If this is still unclear or you have had abnormally large fees deducted from your account please reach out to the Yellow Card support team via [email protected] for assistance.

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