Hit BTC Introduces New Deposit Charges to Deal With High Bitcoin Fees

Cryptocurrency Exchange Hit BTC has informed its customers that they have to pay a new bitcoin storage fee on the platform. This movement can be exchanged over time with time, as they try to find ways to deal with large network fees, with the exception of accepting new clients or consulting existing ones. use bitcoin or bitcoin.

Hit BTC

Hit BTC has announced that from Friday, December 22, users will have to pay rent for all Bitcoin deposits. These new registration fees will be deducted from the amount of any incoming BTC hit transaction and will be 0.0003 BTCs. The company warns that if the payment is less than or equal to the rate, the total amount will be used as a commission and will not be refunded.

High fees are currently the main concern for all Bitcoin companies, especially those with higher transaction volumes. Recently, Bitpay explained that high rates of BTC payments were less than $ 100 impractical and ineffective. The global payment service provider has even stopped authorizing these transactions to less than $ 100, by making the minimum value, before returning them quickly under the pressure of the Bitcoin community.

Hard times

Hit BTC has explained the change to its customers say that bitcoin network has gone through difficult times "in the last few weeks". The company said that due to the high demand many transactions went through the BTC network these days. "This leads to a significant number of pending membership transactions, longer processing time and unprecedented rates," she said, avoiding these potentially sensitive issues such as small or large.

The company also claims that this measure was introduced to "strengthen" all bitcoin processes and to ensure stability in the operation of a larger crypto currency. "It would make it easier to process incoming transactions and maintain Bitcoin's liquidity and security in Hit BTC at the level we consider valuable to our operators."

How did high fees affect your trading? Please let us know in the comments section.