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Author Topic: Which cryptocurrencies have the lowest transaction fees?  (Read 1060 times)
shoreno
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October 21, 2020, 06:38:46 PM
 #41

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.
nearly free that simply means that there is still a little fee to be paid  and not totally free at all but this is more cheaper than trx , ltc and others that are also have a low fee .  is this new  ? because if this is new it will be hard for it to compete because there are so many top coins that can also offer the same solution like it but if this is an old coin i wonder why it didnt get famous  . with the wide array of coins its hard to pick up but  every exchange and wallet have different supports  , if a coin is not available we can chose the next coin with a less fee  .
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October 21, 2020, 06:41:01 PM
 #42

There's a lot of altcoins that has a cheaper transaction fees than ethereum and bitcoin. I use XRP and XLM if the eth gas fee is too high to make trading and withdrawal transaction. You can choose coins that you want to use with a very low fees.

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October 21, 2020, 06:44:26 PM
 #43

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/

try to send money from your bank account to someone in another country
 you will pay at least $ 20-50 for banking services
therefore, compared to such an amount
 the commissions in cryptocurrency are very small

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carter34
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October 21, 2020, 07:07:13 PM
 #44

Litecoin has fast and low transaction fee.

few days i purchased PS4 charge card from egifter.com using Litecoin, it took 3 minutes to complete, i paid fee about 0.000005 LTC =~ $0.00025

i think you would find another coin with cheaper fees, but Litecoin is approved on many established online stores and it has low fees as well.

I think I have experienced litecoin low fee too. Litecoin and dogecoin seem the closest low fees I have seen. Dogecoin has more speed too to compare to others that are still low.
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October 21, 2020, 08:01:52 PM
 #45

Tron is extremely low transaction fee and usually it's network using much high. its transaction process is very fast. at present i make mostly transaction via usdt (trc-20) without no cost. many people’s worried for eth high transaction fee thats why they choose trc-20. doge is diverse low cost transaction method i have no experience i didn’t use more it.
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October 22, 2020, 10:42:21 AM
 #46

Reminder to those who uses Tron for transaction from their own wallets, but not from exchange.

From time to time freeze some TRX on your wallet to get Bandwidth for transactions. Otherwise you will pay a bit more for transactions.
Important is to freeze Bandwidth also, as it is used to gain Energy. If you dont have Energy, you will have to pay "extra transaction fee".

A TRC10 transfer consumes bandwidth.

️A TRC20 (smart contract compatible token) transfer consumes both bandwidth and energy.


Be wise and dont pay extra for TRX transactions

R


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October 22, 2020, 10:52:01 AM
 #47

I think I have experienced litecoin low fee too. Litecoin and dogecoin seem the closest low fees I have seen. Dogecoin has more speed too to compare to others that are still low.
Yes, and actually if we compare the transaction speed from Dogecoin, it is not much different from the others because there is only a slight difference and for the problem of cheap transaction fees it also depends on the price per unit of the token, because if the price per unit is expensive, then the cost will automatically the transaction will also feel expensive.

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October 22, 2020, 10:54:52 AM
 #48

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/

Tron and steller are two blockchains that charge very low transaction fees right now compare to other blockchains. I personally use XLM or TRON to do my transaction. If you are talking about withdrawing fees from the exchange then that difference in most of the exchange. But top exchange like Binance charges 0 fees for withdrawing USDT in TRC 20 address. I mostly use that when withdrawing my funds from Exchange.
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October 22, 2020, 11:04:27 AM
 #49

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/

try to send money from your bank account to someone in another country
 you will pay at least $ 20-50 for banking services
therefore, compared to such an amount
 the commissions in cryptocurrency are very small
Yes, that's true. Transaction in terms of bitcoin will charge you around $5-$7 which is quite low compared to the cross border transaction through Bank. Further when we change the bitcoin to cash it'll be charged little. This way even the transaction through bitcoin is profiting compared to banking. If we do transaction within cryptocurrency then TRC10 is profiting.

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October 22, 2020, 11:55:36 AM
 #50

I usually use Doge or XRP as an alternative for cheaper and faster transaction depending on what is available. Sometimes using top coins like BTC and ETH is way more expensive in regards to transaction fees and there are times that transaction took too long to conmence.
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October 22, 2020, 12:16:25 PM
 #51

sure thing at this moment was dont use ethereum network that its fee bleeding now.many people said TRX has lowest transaction fee now if compare with another platform like doge  , litecoin and many other. actually there are cheaper cryptocurrency if compared with TRX , but unfortunately not all market support it and only few exchanges list it.
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October 22, 2020, 12:40:50 PM
 #52

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?
because have few transaction.

there are many cryptocurrencies with low fees not just any particular one. example ark you can set your own fee at low of o.o1 or o.ooo1 ark which equal of $o.ooooo1 and it still go through.
should $o.ooooo1 wait a day to confirmed?,

Sometimes using top coins like BTC and ETH is way more expensive in regards to transaction fees and there are times that transaction took too long to conmence.
I ever heard lightning network only need fee 0.1 sat and wait a second to landing into wallet. I think Op must list LN is one of the options.

but unfortunately not all market support it and only few exchanges list it.
https://coinmarketcap.com/currencies/tron/markets/
hundred of market has listed trx.

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October 22, 2020, 01:02:36 PM
 #53

I know a lot of cryptocurrencies with very cheap fees for transactions but so far xlm and trx are still my favorites and the ones I make the most frequent choices. Fast and cheap. Although there are still other options, this seems to have become a habit.
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October 22, 2020, 01:31:41 PM
 #54

There is not a single cryptocurrency with low transaction fees since the number of cryptocurrencies has low transaction fees.
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October 22, 2020, 01:55:50 PM
 #55

I usually use Doge or XRP as an alternative for cheaper and faster transaction depending on what is available. Sometimes using top coins like BTC and ETH is way more expensive in regards to transaction fees and there are times that transaction took too long to conmence.

Same for me I use xrp the only about xrp is for example you are using coinomi they required you to have 20 xrp balance before you are able to use the waller and that 20 will stay in the wallet and you can't move it out.if you want xrp then better to use 3rd party wallet they will not required to have balance before you can receive or send any xrp .
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October 22, 2020, 02:07:42 PM
 #56

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

Personally I haven't used tron but that of EOS I have used and their transaction fees are at its minimum to an almost zero transaction. Eos is one of the most underated blockchain, its transaction speed is above all its peers including bitcoin. The myth of it been centralized is what's keeping its from achieving its potential.

We have other blockchain that are far better than ethereum but the media won't tell you that since their propaganda is to hype it.

It all depends on the choice of each, indeed there are many other cryptocurrencies that have low transaction gas fees, not only TRX but using TRX is easier and faster when transacting and also TRX is available in almost all exchanges
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October 22, 2020, 02:13:06 PM
 #57

If I want to cash out, my habit will exchanges into Litecoin, Stellar, Doge, Tron, Waves because if i calculated these coins provides low transaction fees. I forget which one the lowest from the list. But whatever you choose from the list you will not be disappointed

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October 22, 2020, 02:18:24 PM
 #58

I usually use XRP to transfer when there is a surge of BTC fees. Not only it save fees by using XRP feels it was instant transfer which I appreciated it much. And I hope you will try it by yourself just to find it works.

BTC converted to XRP and then get back BTC for holding, feels that was a pretty good idea. Well, I'm sure that the others in here are adoing the same. Anyway, it won't make any problem for me since our thrid party coin exchanger supports BTC and XRP, and any time I can easily convert it to what coin I want, not sure to the other countries.
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October 22, 2020, 02:20:03 PM
 #59

XRP, XLM, Tron are one of the popular coins that has really low transaction fees and yet really fast like just in 5 seconds you can saw it in blockchain with some confirmations already but if you are looking with almost 0 fees and has also a blazing speed with a tps of 120k go with TEM (temtum) its not really popular and listed in few exchanges but fees is totally free.

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October 22, 2020, 04:00:59 PM
 #60

In my opinion, the cryptocurrency that has low transaction fees is Usdt Tron. Because USDT TRON there is no Gas fee like in Ethereum. Apart from low gas costs TRX also has a transaction fee model which is used to store information on the blockchain.
TRX is a blockchain-based decentralized protocol that only focuses on the goal of building a worldwide free content entertainment ecosystem, with blockchain and distributed storage technology.
And TRON also has a USDT TRON which is free. I often move my assets using usdt tron, besides there are no excess fees, it is also very fast, it only takes 30 seconds.

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