[waterlesscloud]

It's currently about 4.5 cents (At current exchange rates), with plans to reduce that by an order of magnitude to 0.45 cents.

[battani]

Where did you get that figure? I'm curious because I've used APIs such as Blockchain and Coinbase and minimum fee is 0.0005BTC, which is about 25c.

[waterlesscloud]

The minimum fee was reduced to 0.0001 BTC about a year ago.

Here's an article on the plans to further reduce the fee.

http://www.coindesk.com/bitcoin-transaction-fees-slashed-ten...

[StavrosK]

Thanks for that, services I've used force you to around 30-40 cents, which is ridiculous. Good to hear it will be lowered.

[dpcucoreinfo]

It's complicated: the default fee is a bit like community consensus and this consensus has some inertia. Blockchain and Coinbase might still force you to overpay. Complain by sending support requests. Google: bitcoin default fee