Why Are Bitcoin Transaction Fees Increasing?

Bitcoin transaction fees recently increased to a shocking price. On Wednesday, May 3rd, 2023, the average fee per Bitcoin transaction rose to $7.25, the highest since July 2021. For comparison, the rate so far this year has fluctuated between roughly 50 cents and $4.

This article explains why the transaction fees have increased significantly and how to avoid/manage them as a crypto trader.

24/7 Support

Authorised & REGULATED

CompetitivePricing

AdvancedTechnology

Part of the Antonia Office Family

As part of the Antonia office set, the backrest chair is a perfect compliment to the family. The gently curved lines accentuated by sewn details are kind to your body and pleasant to look at.

Superior Trade
Execution

99% of our client trades are executed in less than a second, with no requotes or order rejections.

CompetitivePricing

We offer some of the lowest spreads on Crypto CFDs and we don’t charge swap fees or commissions.

Sorry! This product is not available for purchase at this time.

$79.50

Thousands of
Happy Customers

“CashiercryptoFx is my first choice for investment”
I’ve been a client for 7 years. I am very happy with the platform, pricing, answers to my requests. I am also very happy with the professionalism and the effectiveness of my account manager.
Anton Delgado

“Extremely satisfied with the service”
The whole process was seamless and very easy. The best part of it is the actual annualised return on the investment. I am extremely satisfied with the service and advice of Cashiercryptofx
•John Wright

“Satisfied with the growth my investment”
Cashiercryptofx gave me the best independent advice on my investment strategy. I am able to monitor the performance, switch funds and add to the investment with little or no hassle, even as a sophisticated investor.
•Stella Latzig