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 for assistance.

Did this answer your question? Thanks for the feedback There was a problem submitting your feedback. Please try again later.

Still need help? Contact Us Contact Us