Received email today
Hi Sajjad,
We have an important announcement about your Xapo account that will affect you - so please read!
In the next couple of days, all Xapo users will begin to pay the miners fee themselves in order to send transactions out of Xapo.
No portion of this fee goes to Xapo, it is simply the fee that needs to be paid to miners in order for an outgoing transaction to be processed via the bitcoin network! This fee will be dynamically calculated based on the current network conditions and will be paid by you at the time of the transaction.
Due to the increase in transaction volume of the bitcoin network, we'd like to give our users some control over their transactions. That being said, Xapo will give you the ability to select which type of fee you'd like to pay - a standard or high priority fee - thus allowing you to choose how quickly you'd like for your transaction to be processed!
Please keep in mind that this will apply to outgoing transactions that touch the blockchain, but all Xapo to Xapo payments will still be free of charge!
Thanks for your understanding,
The Xapo Team
Desert Rose
A Simple Person With Complicated Mind
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