Bitcoin Forum
May 13, 2024, 10:38:13 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Alternate cryptocurrencies > Altcoin Discussion > Avoiding high bitcoin fees
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: Avoiding high bitcoin fees  (Read 167 times)
sexycoin69 (OP)
Full Member
***
Offline Offline

Activity: 175
Merit: 100


Hoqu.io – Decentralized Affiliate platform


View Profile
October 27, 2017, 10:24:12 PM
 #1
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?
1715639893
Hero Member
*
Offline Offline

Posts: 1715639893

View Profile Personal Message (Offline)

Ignore
1715639893
1715639893
Reply with quote  #2
1715639893
Report to moderator
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715639893
Hero Member
*
Offline Offline

Posts: 1715639893

View Profile Personal Message (Offline)

Ignore
1715639893
1715639893
Reply with quote  #2
1715639893
Report to moderator
1715639893
Hero Member
*
Offline Offline

Posts: 1715639893

View Profile Personal Message (Offline)

Ignore
1715639893
1715639893
Reply with quote  #2
1715639893
Report to moderator
Axcelerant
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
October 27, 2017, 11:10:44 PM
 #2
You can deposit money directly to the exchange and buy BTC at market price losing only 0.25%.
galangal
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
October 27, 2017, 11:14:34 PM
 #3
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  Grin
fcmatt
Legendary
*
Offline Offline

Activity: 2072
Merit: 1001


View Profile
October 27, 2017, 11:16:12 PM
 #4
Quote from: 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?

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
Pages: [1]
  Print  
Bitcoin Forum > Alternate cryptocurrencies > Altcoin Discussion > Avoiding high bitcoin fees
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!