Why are the fees for converting Ripple to Bitcoin so high?
Why are the fees for converting Ripple to Bitcoin so high?
So I've very recently gotten into cryptocurrencies and after making a bit of money on bitcoin, I decided to try an altcoin. I used Changelly to convert my bitcoins into XRP and the fees were very low. Then, a few hours later I tried to convert 180 XRP (41 USD) to bitcoin using the same method. The "estimated amount" I would get (as indicated on Changelly) was quite close to this 41 USD amount, so I went ahead and exchanged. When the transaction was approved however, I only received 29 USD!!!! Is there something I did wrong? Is this normal? Why are the fees so high? Please do keep in mind that I've only started investing a few weeks ago. Thanks a lot!
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