Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: sexycoin69 on October 27, 2017, 10:24:12 PM



Title: Avoiding high bitcoin fees
Post by: sexycoin69 on October 27, 2017, 10:24:12 PM
Is it cheaper to buy litecoin --> send to exchange and sell for bitcoin (take a 0.1-0.25%) loss?? Than to buy bitcoin directly, in my head it seems better.

Or even ethereum if your Alts trade in eth pairs?


Title: Re: Avoiding high bitcoin fees
Post by: Axcelerant on October 27, 2017, 11:10:44 PM
You can deposit money directly to the exchange and buy BTC at market price losing only 0.25%.


Title: Re: Avoiding high bitcoin fees
Post by: galangal on October 27, 2017, 11:14:34 PM
and quite possibly faster too if you need to trade in a hurry. BTC can take forever and a day to make the required confirmations. And for noobs like me, experience can be an expensive teacher. Yes, im speaking of the fees  ;D


Title: Re: Avoiding high bitcoin fees
Post by: fcmatt on October 27, 2017, 11:16:12 PM
Is it cheaper to buy litecoin --> send to exchange and sell for bitcoin (take a 0.1-0.25%) loss?? Than to buy bitcoin directly, in my head it seems better.

Or even ethereum if your Alts trade in eth pairs?

i think that is a good option, since bitcoin fees nowdays is high
and nowdays the confirmation transaction on bitcoin is a bit lagh since there is 66k unconfirmed transaction that waiting to get confirm