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Bitcoin was trading at 17,000, having dropped from 19,000 to a low of 15,700 before partially recovering. For very small transaction amounts you may be prompted to pay the transaction / miner fee. Coinbase likely calculates the fees dynamically based on the current fees being included in recent blocks. The blog post also made clear that Coinbase employees have been restricted from trading BCH on the site for a number of weeks prior to the announcement. Users who had BTC at the time of the fork have received an equal amount of BCH in the newly created wallets. Coinbase fees are very expensive at the moment, i have a coinbase wallet and i wanted to send a payment yesterday, they charged me over 4 for fees when blockchain wallet fees are less than 2,5 each transaction. After a veiled suggestion from president Asiff Hirji that Coinbase would potentially add other assets, the exchange has officially launched support for. But yes, it does not depends on Coinbase, it is because how the blockchain is at the moment that you want to send your payment, if the miners are busy then the transaction will cost you a little bit more money, and this is how. As we know with the 1MB block limit, transactions have been experiencing high competition to get included in a block. Is the fee you're reference the fee you actually paid, like your.16BTC ended up only having.1583BTC?
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One of the worst feelings is when your transaction is sitting there for days unable to make it into a block because the site you sent from didn't use high enough fees. Its possible recent blocks contained significantly higher fees that caused Coinbase to jump their tx fees as well. From Coinbase: yes, Coinbase pays the miner fees (typically.0003 BTC) on external transactions kuinka tienata rahaa kotoa käsin in order to ensure these transactions propagate throughout the bitcoin network quickly. I haven't seen my bitcoind fees as low.00017 in a long time,.0005 is more like it at the moment, but like you say.0017 does seem high, especially if it that was paid entirely by you. But my suspicion is you're looking at the total fee for the tx that Coinbase sent out (which would include other peoples addresses).
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