I suggest you ...

Reduce withdrawal fee from 0.001 BTC to a flat USD or Gold amount.

I bet that 0.001 BTC withdrawal fee was set up when BTC was under $1,000. Now that it's pushing $20,000. Isn't the fee a bit much, even if it requires human labor every time?

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    concerned user shared this idea  ·   ·  Admin →

    4 comments

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      • chukwudi commented  · 

        Please reduce btc withdrawal fees

      • Raffles commented  · 

        Agreed - gold is much more stable than BTC

      • Colt commented  · 

        Do some research first and search the proposed improvements before splitting votes. You want segwit addressing. Segwit wallet addresses allow faster transfers on an updated bitcoin network for next-to-nothing in fees. There is no human involvement necessary in a bitcoin transaction. However, the miners (which are machines) that actually make the funds transfer happen have to prioritize your transaction over the act of mining the algorithm for new Bitcoins that haven’t been awarded yet. The fees they collect make this worth their time. Otherwise they would never make our transactions happen and the whole network would die. Segwit allows them to do this much faster and easier. Therefore the fees are lower. Currently a BTC transfer worth $1,000 USD would cost $25 in fees. The same transfer done from a segwit address to a segwit address would cost $0.55 in fees and be completed much faster. Please search the feature proposal area again and allocate votes to the proposal to implement segwit addresses instead of dividing voters with a new post.

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