S
It is very possible that even you want to transact $100 worth of bitcoin the transaction fee may not be more than $1.5 or $3 at worst which is still better in this period of network congestions.
I read the deal in market place , you sent the money from freebitco.io, if the transaction fee is arround 50 cents I will prefer that but $1 is kinda high.Back then when I made a trade with a member here I send with about $29 worth of btc and the transfer fee is about $1.
https://www.beermoneyforum.com/threads/btc-to-paypal.89497/
This may just remain as a dream lol. Ethereum fees is not low as well , but still than compared to bitcoin. Also we cant set ethereum fees in trust wallet.Touches. lol. I also anticipate that. The transaction fee would be insanely high. Then I think people will prefer trading ethereum
This is very high transaction fee , considering someone withdrawing 5$ bitcoin , he will end up receiving 1$+ . that's too high .Bitcoin transactions fee has been on the high side since the 14th of June when transactions fee per network transactions moved from $0.55 per network to $3.8 per network in July 26, many see the surge in the price of bitcoin with about 11% as the major cause of this.
Yeah if he is using coinbase to send , he can exchange Bitcoin to altcoins inside coinbase and then send altcoin instead to avoid the huge Bitcoin fees.I don't know,it is really disadvantaging those people making less than $50 withdrawals.
I do don't know of today but I requested for payout the other day the admin said the transaction fee was $2 for $20 so you can imagine.In one thread bitcoin transaction fee is shockingly low, in this thread the reverse is true, now my question - which one is the correct one?
I created the thread cos I wanted the know the opinion of people on which wallet they think is the best depending on the transaction fee. I got $4 out of a $6 bitcoin.
This is damn high for a fee, I guess you made this $4 out of $6 transaction recently that the price of bitcoin was on the rise right?I created the thread cos I wanted the know the opinion of people on which wallet they think is the best depending on the transaction fee. I got $4 out of a $6 bitcoin.
Yeah why did I not think of that?now that you have mention i have to check out how the prices will fair.for now it's to exchange to altcoibs.Though am not an expert I bet the difference in gain or loss Mar gain would not be that high when swapping.Yeah if he is using coinbase to send , he can exchange Bitcoin to altcoins inside coinbase and then send altcoin instead to avoid the huge Bitcoin fees.
Considering the current transactions fee of bitcoin one just have to try alternatives like other coins with less charges then you transact and then swap to bitcoin once received, swapping charges may not be that night.Yeah why did I not think of that?now that you have mention i have to check out how the prices will fair.for now it's to exchange to altcoibs.Though am not an expert I bet the difference in gain or loss Mar gain would not be that high when swapping.
Unless you put it in that direction maybe,because if it is the other way around where you swap within your wallet from altcoins to bitcoin.THE LIVE UPDATE IS THAT FOR SMALL AMMOUNTS CURRENTLY IT's NOT VIABLE.All the profit going to the fees.Atleast when you make a $10 plus profit not a $5 going down.It's not viable.Considering the current transactions fee of bitcoin one just have to try alternatives like other coins with less charges then you transact and then swap to bitcoin once received, swapping charges may not be that night.
We help each other to make money online. Get a beer and register with us, learn how we make a full-time job working from home like a boss.
Earnings Disclaimer: All the posts published herein are merely based on individual views, and they do not expressly or by implications represent those of BeerMoneyForum.com or its owner. It is hereby made clear that BeerMoneyForum.com does not endorse, support, adopt or vouch any views, programs and/or business opportunities posted herein. BeerMoneyForum.com also does not give and/or offer any investment advice to any members and/or it's readers. All members and readers are advised to independently consult their own consultants, lawyers and/or families before making any investment and/or business decisions. This forum is merely a place for general discussions. It is hereby agreed by all members and/or readers that BeerMoneyForum.com is in no way responsible and/or liable for any damages and/or losses suffered by anyone of you.