Current BTC fee seems to be just over $1, not $20.
I don't think MorphToken would work because as far as I can tell, they have no way to set a fixed amount of the destination currency.
Other providers like ChangeNOW do offer that but they have much higher minimums, something like .003 BTC, which is obviously not useful for a $5 payment.
> Current BTC fee seems to be just over $1, not $20.
Really? My Ledger app says 112 sat/byte, which comes out to $8 for me, and I'm pretty sure they were higher a few weeks ago, when I checked. Am I way overpaying?
> I don't think MorphToken would work because as far as I can tell, they have no way to set a fixed amount of the destination currency.
That's too bad, XMR.to was really useful for this...
> Really? My Ledger app says 112 sat/byte, which comes out to $8 for me, and I'm pretty sure they were higher a few weeks ago, when I checked. Am I way overpaying?
Hm, maybe? I think those clients usually just use the average fee paid in recent transactions, which will result in overpayment if everyone else is doing it too.
The real question, "how low can I set the fee and still have my tx confirmed," is given an attempt at an answer by https://fees.watch, which is what I checked -- it showed less than $2 for every speed at the time.
To be honest I don't actually use Bitcoin, but I do use Ethereum regularly and I use this fees.watch site for that. My transactions almost always get confirmed exactly when expected, and it's almost always cheaper than whatever the wallet suggests.
I don't think MorphToken would work because as far as I can tell, they have no way to set a fixed amount of the destination currency.
Other providers like ChangeNOW do offer that but they have much higher minimums, something like .003 BTC, which is obviously not useful for a $5 payment.