<p>Yes, they are that high at the moment. You should not send such small amounts of bitcoins nowadays. You could wait until the Lightning Network works. The fees will probably fall then.</p>

CC BY-SA 3.0
2018-01-09T18:05:45.627Z
I don't know what a Lightning Network is (but will google). Do you know when it will work.
Kathy
CC BY-SA 3.0
2018-01-09T18:09:15.063Z
I read somewhere that the fees can be less at night. Is that true? Is the percentage of the fee smaller for larger amounts of money?
Kathy
CC BY-SA 3.0
2018-01-09T18:15:56.197Z
I doubt fees are lower at night, but yes, the fee is not dependent on how much you are sending, but rather the transactions size in bytes. Please see my answer for more details.
Matthew Stannard
CC BY-SA 3.0
2018-01-09T18:17:15.297Z
Thank you. I was adivised to just send a small amount of money when I am getting started in case I make a mistake. I will add more money to my account and send a larger amount.
Kathy
CC BY-SA 3.0
2018-01-09T18:34:10.883Z
There are still 130MBs of transactions that are not include in blocks. So there is (almost) no way that a transaction with a very small fee (0.10$ for example) is confirmed at night because there are sill a lot of other people paying more.
hardfork
CC BY-SA 3.0
2018-01-09T17:59:58.967Z
2018-01-09T17:59:58.967Z
hardfork
<p>Yes. The price of transactions fees in Bitcoin are not a percentage of the amount you are sending, they are formed from a market process and influenced by their size in bytes.</p>

<p>As there is a limited amount of space in each block, all users are currently bidding against each other for space in the blocks. As you can see <a href="https://bitinfocharts.com/comparison/bitcoin-transactionfees.html#log" rel="nofollow noreferrer">here</a>, the price of transaction fees has been bid up to approximately what you described.</p>

CC BY-SA 3.0
2018-01-09T18:07:30.683Z
2018-01-09T18:07:30.683Z
Matthew Stannard
<p>I am attempting my first Bitcoin transfer from Abra to Bittrex. I am only sending the equivalent of $10 US dollars to test it. The money did not go through as I do not have enough in my account to pay the fee which is $44!! Is this right - it costs $44 USD  in fees to send $10 USD?</p>

<transaction-fees>
fee 4 times what I am sending
Kathy
# fee 4 times what I am sending

(Asked by: username_0 on 2018-01-09)

I am attempting my first Bitcoin transfer from Abra to Bittrex. I am only sending the equivalent of $10 US dollars to test it. The money did not go through as I do not have enough in my account to pay the fee which is $44!! Is this right - it costs $44 USD in fees to send $10 USD?

**Tags:** transaction-fees


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## 2 answers

### Answer by username_1 on 2018-01-09. Score: 2

Yes, they are that high at the moment. You should not send such small amounts of bitcoins nowadays. You could wait until the Lightning Network works. The fees will probably fall then.

> **Comments:**
> **username_0**: I don't know what a Lightning Network is (but will google). Do you know when it will work.  
> **username_0**: I read somewhere that the fees can be less at night. Is that true? Is the percentage of the fee smaller for larger amounts of money?  
> **username_2**: I doubt fees are lower at night, but yes, the fee is not dependent on how much you are sending, but rather the transactions size in bytes. Please see my answer for more details.  
> **username_0**: Thank you. I was adivised to just send a small amount of money when I am getting started in case I make a mistake. I will add more money to my account and send a larger amount.  
> **username_1**: There are still 130MBs of transactions that are not include in blocks. So there is (almost) no way that a transaction with a very small fee (0.10$ for example) is confirmed at night because there are sill a lot of other people paying more.  

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### Answer by username_2 on 2018-01-09. Score: 1

Yes. The price of transactions fees in Bitcoin are not a percentage of the amount you are sending, they are formed from a market process and influenced by their size in bytes.

As there is a limited amount of space in each block, all users are currently bidding against each other for space in the blocks. As you can see [here](https://bitinfocharts.com/comparison/bitcoin-transactionfees.html#log), the price of transaction fees has been bid up to approximately what you described.


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