The price of btc soars and transaction fees also soar. That is clearly and surely going to happen, not an old story but has become a common occurrence.

Some of the factors that cause transaction fees to soar are due to increased demand, and the problem of decreasing supply in bitcoin itself. As we know, the use of the POW btc algorithm is limited to 21 million units.

From here, it is natural that transaction costs will increase sharply, along with that it will certainly take a longer time for transactions to occur.

From these conditions, there are several ways to avoid problems to avoid expensive transaction fees and long transaction times, including:

1. Using alternative blockchain networks

There are many alternative blockchain networks that have been created to date. Such as Bitcoin Cash (BCH), Litecoin (LTC), or others.

2. Wait for transaction fees to drop

The price of bitcoin fluctuates all the time, meaning that at the right time there will be a time when transaction fees will also go down following market conditions and demand.

3. Third-party services

Now there are several third-party services that offer services for transaction fees and transaction speed problems. Such as Lightning Network or Coinjoin services.

From these three options, each may have advantages and disadvantages. But if you look at being able to keep up with the flow of the crypto market so volatile it can be said that choosing to use an alternative blockchain network is one of the best choices. Where security and cheap transaction fees and transaction speed can be relied on compared to the second or third choice.