​​What it came from the Monero upgrade to Bulletproof transact | Crypto_analytics_expert

​​What it came from the Monero upgrade to Bulletproof transactions?

With the recent activation of Bulletproofs on Monero, Bittrex has reduced the $XMR withdrawal fee to 0.0001 XMR.

Binance has lowered XMR withdrawal fees to 0.0001 $XMR.

Bitfinex has reduced Monero $XMR withdrawal fees from 0.04 to 0.0001 XMR.

Bulletproofs will replace a a mathematical method hiding amounts of transactions currently used. The currently used method is the reason why the blockchain is pretty big and a normal transaction uses 13kB. With bulletproofs, this will be reduced by ~80% making the fee lower, the blockchain growth smaller, and the network faster.
Learn more about Bulletproof here.