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Author Topic: Best Altcoin for Regular Transactions  (Read 463 times)
shamzblueworld (OP)
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December 19, 2017, 12:21:55 PM
 #1

Do you use any altcoin for regular transactions? Which one?

I want to know which alt is best when it comes to regular transactions?
It needs to have two major features: Quick transactions and small fees.
So which one is best at that according to you?
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December 19, 2017, 03:55:12 PM
 #2

The obvious choices are Litecoin, Bitcoin Cash, Dash and there may be others. If you look at the small cap coins, almost any will do it, because they don't have huge traffic currently, but you don't know if this will be the case is there usage increases or if their teams just abandon them one day.
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December 19, 2017, 04:52:56 PM
 #3

Do you use any altcoin for regular transactions? Which one?

I want to know which alt is best when it comes to regular transactions?
It needs to have two major features: Quick transactions and small fees.
So which one is best at that according to you?

i think ETH or ethereum wil be good for crypto transaction
But, about fee.... that is flexible..
i mean, if price pump absolustly fee will be up...

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December 19, 2017, 05:18:58 PM
 #4

ETH and ETC has faster confirmation and also very low fee, because their price is quite volatile I just exchange my bitcoin for etc or eth and than withdraw it out from the exchange to use later on and save those heavy fees with bitcoin withdrawal.

I am also holding both coins because there is still lots of room for them to grow.

 
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December 19, 2017, 05:22:15 PM
 #5

There are hundreds of Alt-coins that have Quicker truncations and for a little to none fee. But since the other party has to except the currency you can choose the ones in the Top ten from Coinmarketcap excluding Bitcoin. There is Ripple, Dash, LTC, which are highly recommended and almost instant.

Since Bitcoin Cash is also gaining a lot of momentum these days and implemented at Shops, Markets it would also be a good option. Also they claim to be the real Bitcoin.
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December 19, 2017, 05:29:12 PM
 #6

Do you use any altcoin for regular transactions? Which one?

I want to know which alt is best when it comes to regular transactions?
It needs to have two major features: Quick transactions and small fees.
So which one is best at that according to you?

It primarily depends on the platform and what the other party accepts. I often use LTC or ETH but this is not always possible.
But sometimes it is simply necessary to send BTC then I have to calculate with the most favorable transaction fee.

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December 19, 2017, 05:33:53 PM
 #7

ETHEREUM is best for regular transactions because Its charges is very reasonable and quick confirmation of transactions.

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December 19, 2017, 06:32:16 PM
 #8

The fastest and cheapest coins for transfer are certainly Steem and SBD. There is no fees for the transfers at all and they are well known coins. Litecoin is another great option. It has mainly survived till now because of this cheap and fast transfer only. And then in most popular coins, ETH is a good option (usually). But yes, currently fees are higher than normal but very less in comparison to Bitcoin!!

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December 19, 2017, 06:39:28 PM
 #9

ETHEREUM is best for regular transactions because Its charges is very reasonable and quick confirmation of transactions.

When you have a lot of transactions on Ethereum, they can pass only the next day.
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December 19, 2017, 06:47:27 PM
 #10

Dogecoin is one best choices for such transactions. It is fast and its fees are really small. Exchanges also receive very low amounts when you are withdrawing dogecoin. Dogecoin fee usually does not exceeds 2 dogecoin which is equivalent to only 1.2 cents.

Ethereum was also good. But now transactions fee has increased due to busy network. If Ethereum network goes back to normal, it is a good choice.
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December 19, 2017, 06:52:14 PM
 #11

Looking at your profile I can see you have been around here for quite some time, so I guess you're familiair with Bitcoin? Then Litecoin is the perfect altcoin for you, it's quite identical to Bitcoin but not overpopulated. Sending them works exactly the same as Bitcoin, only difference is the the address prefix you're sending your coins to. Litecoin's transactions time are very fast, never got any problems like Bitcoin does and the fees are negligible.
 
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December 19, 2017, 08:26:38 PM
 #12

Now Ripple or Litecoin is often used as a transport coin. But, in connection with the fact that these coins have grown in value, I think that we will have to find something else.

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December 19, 2017, 08:44:27 PM
 #13

Litecoin and Ehhereum (at least before cryprokitties) seems to be the best ones. Besides the fast confirmation and low fees they are accepted by sellers wider than the other cryptocurrencies. BCH scamcoin is only accepted by the ones who is directly connected to attacks on BTC and the other shady things.

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December 19, 2017, 08:53:21 PM
 #14

I know that DOGE have fast transactions and small fees. They are convenient to send between exchanges, especially when there are interruptions in the network of bitcoin and ethereum. And yet I was recently surprised at the speed of the Ripple transaction-30 seconds from the purse to the stock exchange! wow!

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December 19, 2017, 09:43:30 PM
 #15

Most altcoins are not much more than just bitcoins, changing only 1-2 minor characteristics, for example, the speed of coin transaction in the network, the method of coin distribution, or the mining algorithm. Most of these coins do not live for a long time. The only exception is Litecoin, because it was created as one of the first altcoins. Compared to Bitcoin, litecoin has a different mining algorithm and a much larger number of coins.
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December 19, 2017, 09:56:29 PM
 #16

Very simple ethereum or litecoin, you can buy, withdraw and deposit mostly everywhere with much lower fees than bitcoin.
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December 19, 2017, 10:01:47 PM
 #17

Do you use any altcoin for regular transactions? Which one?

I want to know which alt is best when it comes to regular transactions?
It needs to have two major features: Quick transactions and small fees.
So which one is best at that according to you?
Like always there is not a clear answer to this, when it comes to speed of transactions and the fees in my opinion dogecoin cannot be beaten, the problem with dogecoin is that there are not a lot of places where you can use it, litecoin is not as fast but litecoin is a lot more accepted than dogecoin, so if you want the fastest speed choose doge but if you want to not have problems with the acceptance of the coin then pick LTC.
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December 19, 2017, 10:05:40 PM
 #18

Very simple ethereum or litecoin, you can buy, withdraw and deposit mostly everywhere with much lower fees than bitcoin.
As suggested most of the time high volume transaction makers prefer ethereum when there is delay in the confirmation of bitcoin transaction. In recent days ethereum too experienced a network congestion which slowed the confirmation. Things got rectified in a short providing faster access.

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December 19, 2017, 10:35:27 PM
 #19

As many have stated I believe the answer is LTC, Dash, or Ripple out of the big ones. Out of those 3 Ripple probably has the highest chance to increase dramatically in value given the recent spike with Dash and LTC. So buy holding Ripple to do transactions with you are also putting yourself into a position to potentially make a good amount of cash just from holding on to it. I would vote Ripple right now due to those reasons listed above.
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December 19, 2017, 10:43:36 PM
 #20

I use Ethereum almost everyday for trading, participating in ICO and other needs. Even though the transaction fee has grown due to the blockchain load it's still the most convinient coin for daily usage.

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