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Author Topic: Which cryptocurrencies have the lowest transaction fees?  (Read 1058 times)
distr@yopmail.com
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October 21, 2020, 12:52:24 PM
 #21

I usually use TRON and DOGE for withdrawals from multiple exchanges to local exchanges. sometimes also use USDT when there is no alternative. I think Tron ​​and doge have cheap transaction fees and also quite fast blockchain transactions.

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October 21, 2020, 01:06:47 PM
 #22

Dogecoin, tron, waves are the coin which has a low transaction fee. I don't want to say that it's the lowest transaction because other coins have the lowest fees, but I don't know if that coin is used for something like dogecoin, tron, and waves. But I am okay with the fees using bitcoin, ethereum, litecoin because that coin can fit what I need to get fast confirmation. I don't know with other people because they can say something different from me, so maybe they will say the other coins with the lowest fees.

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October 21, 2020, 01:27:43 PM
 #23

I have been transacting in crypto for a long time and in my opinion the cheapest fees are Dogecoin, TRX and LTC. besides cheap transactions, the speed of delivery is also better than ethereum and bitcoin

i agree, for me LTC is best one because it's usable on many online stores.

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October 21, 2020, 01:32:00 PM
 #24

I think Stellar from all transactions from personal wallets or on exchanges, Stellar on average only charges 0.1xlm, maybe higher in some markets but still it's the cheapest, then you can go to Doge, or TRON.

I did not get any token actually small amount of fees. You are saying for XLM and some are saying for TRX but its depends on exchanges. If you go to Hitbtc on average all are same. So i am fear of both bounty hunters and traders because if we spend all our tokens to fees how we do straggle to market?

thanks.
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October 21, 2020, 01:44:02 PM
 #25

There are coins with no transaction fee and transaction times 100times faster than bitcoin or other top cryptos but do you think that less transaction will make a coin superior to bitcoin?
Not like that, having those tokens and coins around the world of cryptocurrencies with the cheapest transaction fee doesn't guarantee that such tokens and coins will supersede bitcoin. Bitcoin has the superior power to all other even though it transaction fee seem high, though this depends on the weekdays the transaction intend to be carryout.

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October 21, 2020, 01:45:39 PM
 #26

I have been transacting in crypto for a long time and in my opinion the cheapest fees are Dogecoin, TRX and LTC. besides cheap transactions, the speed of delivery is also better than ethereum and bitcoin
About the speed, i think it's about the network or something? but maybe tron is leading in the transactions fees. "Fees can be less than 1 cent depending on how many inputs and outputs you have."

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October 21, 2020, 01:46:46 PM
Last edit: October 21, 2020, 02:18:15 PM by Kong Hey Pakboy
 #27

I used XRP for making transaction with my friends because it is much faster and it has cheaper fees. Unlike other cryptocurrencies like bitcoin that it takes a 10-30 mins to complete your transaction and it has expensive fees. I also think there are other coins that has lower fees other than XRP, especially those coins who has low price.

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October 21, 2020, 02:00:01 PM
 #28

stellar and Tron my choice to make transactions because of their low fees, due to high Ethereum transaction fees, I always turn to Stellar and Tron to make transactions on the exchange.

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October 21, 2020, 02:13:00 PM
 #29

In my opinion, the cryptocurrency that has a low transaction fee is Tron (TRX) because apart from low gas costs TRX also has a transaction fee model which is used to store information on the blockchain
I actually started using TRX recently to save my transaction fee, since it is available on almost every good volume exchange I have been using it to transfer and buy back any of the asset. Most times I still preserve the value of the coin after transfer and in some case attain a higher value. The transaction is equally fast and it has liquidity

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October 21, 2020, 02:25:00 PM
 #30

One of the most significant concerns people have about a trading platform and exchanging cryptocurrencies involves the transaction fees. Many crypto options have high charges, while others aren’t as dramatic. You’d have to look around to find the lowest transaction fees on the market if you want to find something worthwhile.

Cryptocurrencies come in many forms, and they all have unique features. But you should be aware of how you’re going to find a good fee or charge that works. Knowing what works is essential for your success.

https://swapzone.io/learn/lowest-transaction-fees/

Very interesting list and I would probably agree with it completely. However, I have to add something. I must admit that when it comes to withdrawals from exchanges, I often use XRP for this. I know that in the community, no one likes it when we call XRP a cryptocurrency because, as we all know, it is centralized. However, the speed of transfers, the amount of the fee and popularity make it the most convenient for making quick and cheap transfers. Of course, I have the opposite opinion when it comes to investing in XRP.

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October 21, 2020, 02:30:03 PM
 #31

I am also quite interested to it as I am currently using Ethereum and XRP only because these are my only options only to transact with a lower fees but
sometimes Eth fees will skyrocket therefore it will be good if we can find a good currency that has a very low transaction fees that will easily change it's
fees even if there are many who are using it.

Owh I see, I thought EOS is leading in terms of low transaction fees but Tron was able to beat it. Though they are very encouraging to use but my local exchange
is not accepting these currencies yet so it will still be difficult for me to transfer to Tron as my medium of transactions.

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October 21, 2020, 02:31:12 PM
 #32

In my opinion, the cryptocurrency that has a low transaction fee is Tron (TRX) because apart from low gas costs TRX also has a transaction fee model which is used to store information on the blockchain
I actually started using TRX recently to save my transaction fee, since it is available on almost every good volume exchange I have been using it to transfer and buy back any of the asset. Most times I still preserve the value of the coin after transfer and in some case attain a higher value. The transaction is equally fast and it has liquidity
I think many people also have the same understanding as you. including I also use TRON for some transactions from the exchange. a fairly fast network, especially with cheaper transaction fees with other assets, is the main choice of many people who believe in TRON. but I myself didn't hold TRON for very long. after completing the transaction I will convert to other assets.
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October 21, 2020, 04:17:12 PM
 #33

XRP i think this coin have small fee in any exchange you can try to buy so that you will know if I'm not mistaken.
Because almost crypto currency now have big fee so its much better to buy a good coins that have small fee the we can hold it.

Yep XRP is one of those coins which has small transactions fees, TRX can be as well, plus you can freez the transaction whenever there is a malicious activities in the transaction, bnb could be one possible option too, they both do have speed transactions compared to ethereum.
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October 21, 2020, 05:25:59 PM
 #34

TRON in my opinion this coin with the lowest fees, and I often use it, especially withdrawing USDT on the TRON network with 0% fee (withdrawal from the market) if on the network with only 1 TRX / $ 0.02 you can send TRX / token. I chose the TRON option because it was fast enough to confirm on the network. LTC fee is also cheap but it is a bit long waiting for confirmation on the network and this is only a coin like bitcoin, no token. But lately I often use BSC BEP20 (Binance smart chain) for trading on DEX, providing liquidity, farming, etc .. I switched to BSC because network costs are very cheap when compared to ERC20.

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October 21, 2020, 05:31:25 PM
 #35

I think it might be Ripple. Not only it has low volatility, but also it is a fast coin. I also pay very little as a fee. Even Binance only charges $ 0.25. If the place where I send supports ripple, I definitely do it with ripple.
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October 21, 2020, 05:32:13 PM
 #36

That would be between Tron and Doge coin, it's been long since I use Doge coin last but not sure anymore, I still use Tron more and the transaction fee is way cheaper, I've used same old 8$ worth of Tron in my wallet to send out USDT to exchanges several times and it's still 8$ worth as if I'm not making transactions with the Tron i have in my wallet.
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October 21, 2020, 05:40:47 PM
 #37

As long as I know the crypto world, if you want to find coins with the lowest transaction fees, the answer is Lumen and Doge. I have been using both coins for three years to switch exchanges and it is fast and safe.
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October 21, 2020, 06:01:35 PM
 #38

There are coins with no transaction fee and transaction times 100times faster than bitcoin or other top cryptos but do you think that less transaction will make a coin superior to bitcoin?
Just because a particular coin provides better attributes in some areas doesn't mean we start comparing it with bitcoins. For example I never understood what pupose dogecoin serve but then I use them for gambling because it is easy to withdraw because confirmations are fast and deposit and the fees is negligible so I mean yeah there are good coins to avoid the transaction problem and we don't need to compare them with bitcoins for that reason.

I use dogecoins most of the time for purposed like gambling, sending micro payments or even when I pay at bitrefill I try and pay in dogecoins to avoid excessive fees and save confirmation time.

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October 21, 2020, 06:10:47 PM
 #39

Believe me it's fun using Tron network for transactions, it's like you are not even paying any dime at all lol but I'm sure there are many other projects like this out there, but if we are to talk about top coins then the best choice is Tron, I remember a project called Metacoin, this coin use free nearly free transaction fee that you won't even notice and it's one of the fastest too, it's a shame the project isn't that big today.

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lousie9
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October 21, 2020, 06:23:57 PM
 #40

If you are looking for a low-cost altcoin then you can choose stellar (XLM), Tron (TRX) and Litecoin (LTC). some of them have low fees and even fast transaction processing. in this case I often use TRX for transactions. TRX shipping costs are not expensive, XLM and LTC are also one of them.


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