Bitcoin Exchange 20% Cheaper

in #bitcoin6 years ago

Bitcoin exchanges add tech to make transactions 20% cheaper

Coinbase and Bitfinex, the two largest exchanges by U.S. dollar-bitcoin trading volume, are adopting a software called SegWit.The move should lower transaction fees by up to 20 percent, and speed up trading across the network, Bitfinex says.High transaction fees were a key reason for the "fork" from bitcoin into bitcoin cash.

Two of the biggest cryptocurrency exchanges are aiming to make bitcoin transactions faster and cheaper with a new software update announced this week.

Both Coinbase and Bitfinex said they are adopting a software called SegWit, which bitcoin bulls and one exchange say should lower fees.

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Hi! This is cool if it's applied truly. I don't know what are the exact fees right now but this issue needs to be resolved soon if not i think cryptos will drop dramatically... It's a good informative post, i upvoted and follow for more articles like this. Thanks have a nice weekend and don't miss to visit my blog too, and eventually upvote some of my posts or follow!

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