Blockchain Fees increased

approved and published on 03/17/2018

As 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.

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