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Author Topic: Exchange very small amount of DASH for BTC or ETH  (Read 152 times)
bitmover (OP)
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bitcoindata.science


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April 30, 2020, 12:40:01 AM
 #1

I received a very small amount of DASH from a casino (0.000682 dash).

It is a ridiculous amount. I usually send this amount to my binance account, where I just convert it to BNB and later on to BTC.

However I would not like to send from a casino address to my binance account. My account has a lot of referrals and I am affraid it might be freeze or whatever.

Does anyone have any suggestion about what I can do with it? I would like to convert it to ETH or BTC.

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Potato Chips
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April 30, 2020, 12:24:37 PM
 #2

I'd say it's better to wait till you get a good amount to consolidate. I don't think it's gonna be worth exchanging as it is rn with how small the amount is + the fees coming into play. Also, most exchanges has a minimum trade amount which this may not reach.

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bitmover (OP)
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April 30, 2020, 12:30:15 PM
 #3

I'd say it's better to wait till you get a good amount to consolidate. I don't think it's gonna be worth exchanging as it is rn with how small the amount is + the fees coming into play. Also, most exchanges has a minimum trade amount which this may not reach.

Yes, this is the case usually.
However, Binance allows you to trade any amount (i believe that even 1 satoshi) to BNB. Maybe there could be another option like this that I am not aware... XRP usually have very low withdrawal fees as well

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Potato Chips
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April 30, 2020, 04:43:13 PM
 #4

Rates from binance as of as of writing:
1 DASH = 0.009490BTC so 0.000682 dash would be 647 sats
1 DASH = 4.835 BNB so 0.000682 dash = .003297 BNB = 640 sats

That's ofc inclusive of fees and the more you exchange it to X coin the more you'd pay, so it's really better to wait till you get a good amount to consolidate/do mass conversion, and maybe by that time the value has also increased!. There could be another service like binance but you'd still be facing the withdrawal fees, and with the amount you have rn, it's not worth it and you could end up spending more on fees.

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