Bitcoin Forum
May 06, 2024, 11:08:54 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: How to save money when trading and transfering  (Read 65 times)
dragonhunter11 (OP)
Newbie
*
Offline Offline

Activity: 66
Merit: 0


View Profile
April 12, 2018, 05:21:44 PM
 #1

I just realized that withdraw bitcoin and transfer bitcoin can generate a large fee. It's too expensive.

So people suggesting using LTC to withdraw and transfer.

This is how it works.

First, trade btc to ltc.
Then, withdraw ltc to your other accounts. Usually the fee will be small.
Last, trade ltc back to btc or other cryptocurrency that you like.

Especially, If you use Kucoin and Cryptopia, you can transfer not only using LTC, but also other coins like DeepOnion. The fee for DeepOnion is even cheaper.

If you like this post, please give a like and support so other people can learn.
Thanks to everybody!
1715036934
Hero Member
*
Offline Offline

Posts: 1715036934

View Profile Personal Message (Offline)

Ignore
1715036934
Reply with quote  #2

1715036934
Report to moderator
1715036934
Hero Member
*
Offline Offline

Posts: 1715036934

View Profile Personal Message (Offline)

Ignore
1715036934
Reply with quote  #2

1715036934
Report to moderator
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
dragonhunter11 (OP)
Newbie
*
Offline Offline

Activity: 66
Merit: 0


View Profile
April 13, 2018, 01:16:43 AM
 #2

No one read this?
chris200x9
Legendary
*
Offline Offline

Activity: 1316
Merit: 1011


View Profile
April 13, 2018, 01:30:30 AM
 #3

No one read this?

I don't think anything new you posted and that's why maybe people not showing interest.

Because everyone knows that Bitcoin transaction fees are slightly high compared to LTC transaction fee.

But I didn't understand why do you want to do so many conversions because you know each time you convert you need to pay exchange fee as well? Unless you want to save your money in LTC then you can do but finally, if you want to convert back to BTC or any other coins then it is not a good idea.

Pages: [1]
  Print  
 
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!