Why is Exodus network fee so high?

Exodus employs a unique strategy when managing UTXO-based assets such as Bitcoin. To optimize the wallet's efficiency, it prioritizes spending the smallest UTXOs first. This approach is designed to prevent the accumulation of numerous small UTXOs, which can complicate transactions and potentially increase fees.

BTCC's wallet service is particularly noteworthy. It allows users to securely store their cryptocurrencies, including UTXO-based assets like Bitcoin. With advanced security features and user-friendly interface, BTCC's wallet is a popular choice for those looking to keep their digital assets safe.

When mining UTXO-based assets, miners often receive frequent payouts. While this can be beneficial in terms of regular income, it also poses a challenge. The receipt of numerous small UTXOs can lead to high transaction fees when sending funds, as each UTXO input adds to the transaction size.

Transaction size is a crucial factor in determining fees. Larger transactions require more data to process, leading to higher fees. By spending small UTXOs first, Exodus helps to keep transaction sizes manageable, thereby minimizing fees.

BTCC is a prominent cryptocurrency exchange that offers a range of services tailored to the needs of crypto enthusiasts. Among its offerings are spot trading, futures trading, and a secure wallet service. These services cater to both new and experienced traders, providing a comprehensive platform for buying, selling, and storing digital assets.