BitShares Committee
News, proposals, suggestions & notifications from the BitShares Committee.
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[Update] Blockchain fees increased
17 Mar 2018As of Saturday, March 17th 2018, the transaction fees on BitShares have been increased by the BitShares Committee.
Due to the decrease of the unit price of BTS on all major exchanges, an increase
of the fees was required to align with the agreed upon USD values.
After discussions, the BitShares committee created a
proposal (1.10.8736) to actually increase the transaction
fees which was quickly approved by the majority of committee members.
The fees have been adjusted to the fee schedule proposed and described on github.
The fees can be found on the blockchain using bitshares.eu.
As of today, the actual fees for most transaction types are:
| Operation | Fee | USD equivalent (2018/03/17) |
|---|---|---|
| transfer | 0.10420 BTS | 0.0189 USD |
| limit_order_create | 0.00578 BTS | 0.0010 USD |
| limit_order_cancel | 0.00057 BTS | 0.0001 USD |
| call_order_update | 0.00578 BTS | 0.0010 USD |
| account_create | 0.57900 BTS | 0.1050 USD |
| account_create | 28.95000 BTS | 5.2485 USD |
| account_update | 0.00578 BTS | 0.0010 USD |
| account_upgrade | 695.00000 BTS | 125.9651 USD |
| account_transfer | 28.95000 BTS | 5.2485 USD |
| asset_create (3 chars) | 46,313.00000 BTS | 8,397.6759 USD |
| asset_create (4 chars) | 11,578.00000 BTS | 2,099.4190 USD |
| asset_create (5+ chars) | 289.50000 BTS | 52.4855 USD |
| worker_create | 289.50000 BTS | 52.4855 USD |
For sake of simplicity, the above table is truncated to the most popular operations. The full list can be found in the wallet-internal explorer
Remark: Also remark, that Lifetime Members get a 80% cashback on their transactions fees according to the Referral Program.