Is ETH better than BTC for payment?

[Dhoe]

There are more crypto coins which have very low transaction fee or zero fee and fast transaction like XRP.LTC, Neo etc. But if choose in Ethereum and BTC for payment then I will choose Ethereum as it has fast transaction and low fee.

That's right, because everyone I think always needs both points, fast transaction and low fee. And if between Ethereum and Bitcoin, I think many people will choose Ethereum when making a transaction. I personally rarely use BTC when making transactions.

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[rz20]

From transferring person to person ETH is much better because of its low fee and faster confirmation time on the chain. But when I transfer from exchange to exchange (only small amounts) I usually convert them to XRP before sending them because most exchanges have the lowest withdrawal fee on XRP.

[SiNeReiNZzz]

~

I can't repeat it often enough, I recommend you to use Litecoin or Dogecoin for fast and above all cheap transactions!
I prefer Litecoin, it is also known as the 'Silver of Cryptos'.

At Litecoin I always ship with fees around 0,01$!

Name me a coin, except BTCitcoin, that has a similar reputation, at the same time every person that can use BTCitcoin, it is easy to use Litecoin also.
Because Litecoin is similar to BTCitcoin!

For daily use, especially if you do several transactions a day, BTCitcoin and Ethereum is simply too expensive for me...

[chichidori]

They are both good for payment the downside is bitcoin have higher fees and longer confirmation and ETH network sometimes will encounter network congestion and transaction with low gas will be stuck in the pending transaction, you should look for more alternative altcoin if you are going to put up a shop that accepts crypto. 

[suryana]

They are both good for payment the downside is bitcoin have higher fees and longer confirmation and ETH network sometimes will encounter network congestion and transaction with low gas will be stuck in the pending transaction, you should look for more alternative altcoin if you are going to put up a shop that accepts crypto. 

ETH network is faster than BTC, of ​​course you should not use low fee. If you use high fee, your transaction will be processed quickly. In contrast to Bitcoin, even though the fees used are high, I see the transactions in process still slow.

[cryptogeek101]

Very often we see people sugget to use ETH or any alternative coin for cheap and faster tx. I am going to share some information which will proof that it is no better. I may be wrong too, I am not an expert here. Just sharing what I have got.

BTC Avg. Block time- 10 minutes
ETH Avg. Block time- ~14 seconds (now)

So, ETH will get around 43 blocks = 1 BTC block

BTC block size- 1 MB (Let's say we use Legacy only)
ETH Block size- 20 to 30 kb (Let's say 25kb on average)

How much byte can both proceed within 10 minutes?
Both BTC and ETH will be able to proceed 1 MB tx data on average.

Is not both same in term of handling tx? Sometimes BTC is even better with segwit.
Just sharing some random thoughts, I am not expert technically. So, I may be wrong in many ways.

I think every crypto coin was build to solve a particular payment issue, so they are all unique on their own,in terms of payment,the blockchains are quite different, different terms of transaction fees etc. So you go for the one that will solve your problem for that period

[ongkok87]

They are both good for payment the downside is bitcoin have higher fees and longer confirmation and ETH network sometimes will encounter network congestion and transaction with low gas will be stuck in the pending transaction, you should look for more alternative altcoin if you are going to put up a shop that accepts crypto. 

ETH network is faster than BTC, of ​​course you should not use low fee. If you use high fee, your transaction will be processed quickly. In contrast to Bitcoin, even though the fees used are high, I see the transactions in process still slow.

But our main consideration when making payments is costs. here the lower the cost of course people will choose it. we all know that at the moment ethereum also costs are quite high. should if it is specified in the reverse payment. but the ethereum platform was not made for payments

[Google+]

Very often we see people sugget to use ETH or any alternative coin for cheap and faster tx. I am going to share some information which will proof that it is no better. I may be wrong too, I am not an expert here. Just sharing what I have got.

BTC Avg. Block time- 10 minutes
ETH Avg. Block time- ~14 seconds (now)

So, ETH will get around 43 blocks = 1 BTC block

BTC block size- 1 MB (Let's say we use Legacy only)
ETH Block size- 20 to 30 kb (Let's say 25kb on average)

How much byte can both proceed within 10 minutes?
Both BTC and ETH will be able to proceed 1 MB tx data on average.

Is not both same in term of handling tx? Sometimes BTC is even better with segwit.
Just sharing some random thoughts, I am not expert technically. So, I may be wrong in many ways.

I think every crypto coin was build to solve a particular payment issue, so they are all unique on their own,in terms of payment,the blockchains are quite different, different terms of transaction fees etc. So you go for the one that will solve your problem for that period

yes of course transactions using cryptocurrency have a lot of very high security for conducting large-scale transactions because when using cryptocurrency all transactions are more open and anyone can see and record it too neatly. while for ethereum and bitcoin it would be better if you use coins that have a lot of supply because the price will be stable.

[Buttercup123]

I normally suggest ltc, it's not perfect but it has segwit and a 1mb block every 2.5 minutes.

Eth txs are definitely cheaper than btc though srull from when I last used them...

I nevered tried using Litecoin yet but i will try, I just only use Bitcoin and ETH on transaction , and i agree bitcoin had high fee than Ethreum but on the transaction speed sometimes it all depends because of network congestion. Sometime when i transfer it takes more time but i just wait it will arrive soon.

[sorrros]

We can´t say that it is better because it is faster. We also need to look comprehensively at it. It is faster because the block time is only a few seconds, but more blocks you have, more data information is stored and that could be a problem in the future with decentralization. Only a few users will be able to download the whole blockchain and manage it .

[Wayrey2020]

In my own opinion, when it comes to payment method, it is not always about which coin is better than the other; but instead the situation is situated towards what is preferably accepted by both the payment method issuer and the payer.

In my own opinion, i feel like etherum is the easiest mode of payment, alongside litecoin. I do not choose bitcoin first because it could delay transactions when there is a network clog.

[Rafiqul]

Trading in Ethereum is always cheaper and done much faster than Bitcoin. It saves both time and money. I always use it myself and have also received testimony from such users. Yet I am not denying Bitcoin. Bitcoin cannot be compared to any other cryptocurrency. Bitcoin is said to be the king of all cryptocurrencies.

[Gambushe0708]

I personally feel Litecoin is much better then Bitcoin and Ethereum but sadly its not working every where like bitcoin so where I able to use then I am going with Litecoin and where I feel I cannot go with this I am using Bitcoin as its also very important for all movements without any serious problem.

for payment, I also sometimes use other payment alternatives. it's because of the lower fees. however, in the case of bitcoin and ethereum, most people prefer bitcoin. it's just that, personally, I chose ethereum as my transaction tool so far.

[enhu]

For small payments, you'd rather be choosing ETH between the two, its just convenient to use ETH with cheaper transaction fees than BTC. Save some dollars at least if the person on the other side isn't in the position to refuse ETH payment. As much as possible I'd like to save, I would even pick the cheapest like TRX or XRP if he accepts them as the confirmation is faster.

If the person on the other side will go explaining about irreversible and immutability then he is up to get BTC as the payment, I'd be sending BTC.

[Sourhearrt]

It doesn't make sense for merchants or vendor to accepts only Bitcoin, not all people will be convenient with Bitcoin, some will even prefer ripple or litecoin

[Kez1817]

Both BTC and ETH are better to use for payment,it depends on what is available to use in your wallet. But i always used ethereum because it has fast transaction and very low transaction fees compared to Bitcoin. Maybe the speed of transaction is depend on your area and internet connection.So,there is no problem about this two valuable digital currency because both are useful as payment method.

[bluebit25]

Both BTC and ETH are better to use for payment,it depends on what is available to use in your wallet. But i always used ethereum because it has fast transaction and very low transaction fees compared to Bitcoin. Maybe the speed of transaction is depend on your area and internet connection.So,there is no problem about this two valuable digital currency because both are useful as payment method.

I usually use Bitcoin and ETH to pay my bills, but to be honest, when I use ETH to pay, I only spend a little time with it to complete the order. As for Bitcoin, I need to wait a bit longer, but it's not really significant

[torrantz]

Eth is way faster than btc, of course but you can use both depending o  your preference. Use btc if you're not in a hurry 😁

This is the main problem why it's not a good thing to use bitcoin as payment. Even if I have been putting a huge fee to broadcast my tx and that needs a lot of time to be confirmed by the block. If there was a merchants who wanna use bitcoin and it must use LN node.
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[xandriel]

Trading in Ethereum is always cheaper and done much faster than Bitcoin. It saves both time and money. I always use it myself and have also received testimony from such users. Yet I am not denying Bitcoin. Bitcoin cannot be compared to any other cryptocurrency. Bitcoin is said to be the king of all cryptocurrencies.

Bitcoin is the coin that decides this entire market and certainly has a huge impact. I think people will be more interested in investing when it comes to the crypto market because Bitcoin will undoubtedly be a coin that can bring a lot of profits to investors in the future. However, volatility is the reason for this market to be very risky, and you should carefully analyze before deciding to buy.

[cryptoknightt]

I think it depends on the level of shipping density, when Gwei goes up a few weeks ago when halving eth delivery and other tokens will be longer and more expensive.
so btc was faster at that time, but when gwei dropped alt speed and other tokens it was faster because it had fewer blocks.