It’s a BTC problem not a Coinbase one.

BTC fees are high right now because there are more transactions ongoing than usual and people are willing to pay lots to prioritise their transaction.

Fees will return to previous amounts, likely within a couple weeks.

So basically you’re going to have to pay the ridiculous fee or wait it out.

Coinbase still seem to have higher fees than everyone else though so looks like they take longer to reduce their rate when the blockchain starts to calm down. Exodus was showing a transfer fee of £4.02 but CB wanted over £13 to transfer into Exodus.

Yeah mate Coinbase like most exchanges charge a withdrawal fee whilst wallets like Exodus usually don't.

It should say when you go to withdraw how much is spent on network fees vs the withdraw fee.

Nice one, I'll have a look. 👍

Have you tried coinbase one account? You still have to pay the network fees, they are slightly cheaper though. SWIM bought an oz @ £160, cost £9.45 to send. You avoid paying on the purchase of BTC and only pay network fees. Yeah this is due to BTC going up to the 30k mark again. Happened a while back too.

Yeah my network fee for buying 14g of shake was £9.45. Absolute joke! may go back to my local till its sorted. never had such a high fee in 4 years

22/11/23 Been watching network fees on CB .... last night 10ish was £10.46, a hour later £13+, this morning 7am £15, 11am £9+. Just waiting it out for a bit longer (this is an inTolerance break). Oc once the fee drops there is always a chance it will take ages/too long and order expires.

17/11 am.
Just went to see how much a gram would of cost, gram came to 9.32 and the transaction to send was 10.45 total cost came to £19.77
Had to cancel obviously. That's on coinbase.

It's been so bad this week but starting to come down now. Just watched it go from £18 to £4 over the weekend. I think they are forking onto a new blockchain currently to reduce fees. I need to read into it, wouldn't be surprised if they're finally upgrading to Litecoins lightning network chain.

Side note. How good would Littlebiggy be with a Litecoin wallet!?

Brutal mate. Had this happen to me tonight. Well over £10, near £15 in transaction fees. Only it was a custom order, it would have been cancelled 🙃.

It’s come down a bit this evening, hopefully be back to normal tomorrow.

anyone keeping their ear to the ground on this? kept checking for weeks, but done with creating orders just to cancel. if anyone keeps checking back daily, a little dm would be appreciated! :)

Fees are still high it’s gone from like 14 pound somin down to 13 pound somin over the last few days it’s a complete joke! 🤦‍♂️

haha. nightmare... i've 71 quid in the base and refuse to top up more to cover fees. crazy money.

Same mate

They made Bitcoin great again by bringing culture into it with Taproot Wizards. Now because of the Wizards we have to pay $20 to transfer bitcorn

16th I paid £8 in revolut fees for a $70 order

Nov 2nd £3.80 varies very week

For the price we have to pay it's still decent.

A couple of hours ago I was quoted 15 to send any amount from exodus just looked again and it’s 9.80 I’m going to wait to see if it goes back to normal

Could try kraken, it's fees are a lot better but the wording used in the app and website make things needlessly complicated compared to coinbase. Oh and there's a 72 hour wait period before you can send or withdraw btc or any other digital currency, only for the first time on a fresh account though.

i did order a couple hours back with 50 and the fees literally swallowed half of it sending it to exodus from coinbase then to the btc address through exodus, feels bad

Its awful this. Really bad. Its not a reliable means of payment and can take a week to clear with no way of knowing when. Money is held in limbo til whenever. Its a total shit state of affaird and has been a year or more off and on. Why arent LB using a more stable coin as means of payment? Why only btc when its the least stable?

Yep - Just been stung for fees on the price of an eighth. Not very nice. Hopefully things will calm down soon.

£27 transfer fee i was quoted this morning on a £150 order. Had to cancel, thats crazy...

It’s a fucking joke, Apex is out till acceptable again.

Ohh you want to buy btc pay 10 quid, ohh you want to send that, another 15 quid please Apex.