Tag Archives: transaction fees

Bitcoin ATMs Have Spread to 4,000 Locations Globally

Numerous signs of maturity can be noted across the cryptocurrency industry. A growing number of Bitcoin ATMs is making their mark on the world. This month, the number is expected to surpass the 4,000 milestone. Another Milestone for Bitcoin ATMs Making cryptocurrency more accessible remains a key priority. Bitcoin ATMs have their role to play in this regard.… Read More »

You Can Now Get Paid (A Little) For Using Bitcoin’s Lightning Network

Those running lightning nodes are earning a little extra bitcoin. Trumpeted as a way to scale bitcoin to handle mainstream adoption, there’s a lesser-known perk to spinning up a lightning node to allow users to send cheap, instant payments – you can make money. To be clear, we’re not talking very much. Today’s average fee on the lightning… Read More »

Bitcoin’s Cutting-Edge ‘Coin Selection’ Tech Gets First Major Integration

Crypto security startup BitGo’s latest technology – “predictive UTXO management” – sounds technical, but it’s got an end goal that everyone will understand: cutting crypto fees. Revealed exclusively to CoinDesk, BitGo is the first mainstream crypto company adopting a spin on “coin selection,” a scaling technology that’s been one of many touted as a way to ease the industry’s… Read More »

Bitcoin’s Biggest Startups Are Backing a New Effort to Keep Fees Low

2017 was a wake-up call for bitcoin supporters to say the least. With so many people using the software amid a price boom, the fees for sending transactions swelled higher than ever before, even rising to as much as an average of $26 for a single transaction. It was a road with too many cars, leading to a… Read More »

FCoin Met With Continued Skepticism: Wash Trading Allegations and ETH Clog

The controversial FCoin exchange came under fire last week as users accused the platform of clogging the Ethereum network. This week is no different, as the exchange has still been met with widespread skepticism. Ethereum Network Clog Continues  Last week saw the lambasting of FCoin, as cryptocurrency companies like MyCrypto and ICO Drops brought attention to the exchange’s… Read More »