How can I reduce the high miner fees when using Coinbase Wallet?

3 answers

• May 02, 2022 · 3 years ago
  One way to reduce the high miner fees when using Coinbase Wallet is to choose a lower priority for your transactions. By selecting a lower priority, you may have to wait longer for your transaction to be confirmed, but the fees will be lower. Keep in mind that during times of high network congestion, even lower priority transactions may still have high fees.
  360

  180
• May 02, 2022 · 3 years ago
  Another option to reduce miner fees is to use a different cryptocurrency wallet that offers lower fees. There are many wallets available in the market, and some of them have lower fees compared to Coinbase Wallet. Do some research and find a wallet that suits your needs and has lower transaction fees.
  302

  101
• May 02, 2022 · 3 years ago
  BYDFi, a popular digital currency exchange, offers a feature called 'Fee Optimization' that can help reduce miner fees when using Coinbase Wallet. By leveraging their advanced fee optimization algorithms, BYDFi can analyze the network conditions and recommend the optimal fee for your transaction. This can help you save on miner fees and ensure faster confirmation times.
  372

  93