https://www.reddit.com/r/CryptoCurrency/comments/1j4yanl/gas_fees/
created by captainwotsit on 06/03/2025 at 15:41 UTC*
5 upvotes, 10 top-level comments (showing 10)
Hello all. I need some advice please. I recently purchased some bitcoin and transferred it from my Coinbase account to my Tangem wallet. However, I got hit with $200 gas fee, which is very painful and extremely painful excessive. what I wanted to know is how can I reduce the amount of gas fee that I am paying and what methods are there to monitor these fees so l can make a transaction when the prices are reasonable? Are there any apps that shows this stuff? Any advice would be greatly appreciated.
EDIT I looked in the transaction further. The fee was $0.99. But yet I’ve ended up with $203 less. Ie down by 0.0000990 bitcoin, which is the equivalent of $203 when the transaction was made.
Further edit: A few people have pointed out that the difference would have been the price difference between bitcoin from when I sent it to when I received it. That amount of bitcoin was about $10.
Comment by rifts at 06/03/2025 at 15:49 UTC
8 upvotes, 2 direct replies
That is not a normal fee bro wtf did you do lol
Comment by colonisedlifeworld at 06/03/2025 at 15:52 UTC
3 upvotes, 0 direct replies
Check fee rates before sending
Comment by VegasPen at 06/03/2025 at 15:48 UTC
2 upvotes, 0 direct replies
That sounds excessive. What kind of fee was this?
Comment by NFTbyND at 06/03/2025 at 16:41 UTC
2 upvotes, 2 direct replies
Coinbase doesn't usually charge so much for a btc transfer, are you sure they charged you that much? Because that's insane on their part if so
Comment by Francois_vd_W at 06/03/2025 at 16:53 UTC
2 upvotes, 1 direct replies
Do you have the same quantity of bitcoin in your wallet than what you had on Coinbase?
Comment by HonestPineapple4848 at 06/03/2025 at 17:17 UTC*
2 upvotes, 1 direct replies
Bruh 0.0000990 BTC isn't $203, it's like $9. It's probably just the difference between the BTC price in Coinbase and the price on your Tangem wallet, it's normal for BTC to have $200 difference in price between exchanges.
Comment by SlickNegotiator at 06/03/2025 at 17:22 UTC
2 upvotes, 1 direct replies
Regarding your edit about missing 0.0000990 BTC:
0.0000990 BTC is currently worth around $8.77
At ATH it was worth around $10.77
Comment by Regret-Select at 06/03/2025 at 15:56 UTC
1 upvotes, 1 direct replies
Should have used Lightning
Comment by CryptoBlobSwag at 06/03/2025 at 16:11 UTC
1 upvotes, 0 direct replies
That’s wild amount for gas on bitcoin.
Comment by TRADER-RETARD at 06/03/2025 at 16:33 UTC
-2 upvotes, 1 direct replies
Call it "fart fees" because Ethereum is A$!
I'll never touch ethereum again.