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Author Topic: Problems with high fees  (Read 226 times)
cryptoboss2020 (OP)
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March 26, 2021, 09:35:57 AM
 #1

All coins Transactions have high fees.
What to use its best Now? 
What is the lowest fees Transactions stable coins?
Xrp are cheap and Fast but its not stablecoin.
I feel safe only if I use stable coins When the money is in btc I Can't sleep.
Anyways so what coins are cheap to use?

I dont see point of coins When You pay huge Transaction fees!
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March 26, 2021, 09:40:40 AM
 #2

All coin transactions?

The first coin i sometimes use is litecoin:
https://bitinfocharts.com/comparison/litecoin-transactionfees.html

Current average fee, about 2 cents...

But even if you stick with bitcoin, have you experimented with the lightning network yet? Once a channel is open, it usually costs only a couple sat's to move funds trough open channels.. Sure, opening and closing channels happens trough an on-chain transaction, so they'll cost a couple of bucks (if you time them right), but as long as you have funds on your side of the channel, you can send payments allmost instantly and very cheap.

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March 26, 2021, 09:41:17 AM
 #3

I feel safe only if I use stable coins When the money is in btc I Can't sleep.
You are not suitable for crypto industry :-D

Anyway, if you want less transaction fees and stable then I think you can go with USDT on TRC20. You will need at least 0.1TRX on the Tron address to see your USDT on the address and to spend.

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March 26, 2021, 10:05:28 AM
 #4

I feel safe only if I use stable coins When the money is in btc I Can't sleep.
Anyways so what coins are cheap to use?

You better stick with physical fiat if you think USDT stablecoin is safer. Also, the fact that you can't sleep because you have BTC means you aren't willing to trade your fiat for Bitcoin or even any cryptocurrency yet as you still can't see the value in it. I think you should ponder more why do you need cryptocurrency before you use any.

I dont see point of coins When You pay huge Transaction fees!

It's the price we pay for financial freedom. Well, you can use altcoins for a cheaper transaction though.

cryptoboss2020 (OP)
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March 26, 2021, 10:08:15 AM
 #5

I feel safe only if I use stable coins When the money is in btc I Can't sleep.
You are not suitable for crypto industry :-D

Anyway, if you want less transaction fees and stable then I think you can go with USDT on TRC20. You will need at least 0.1TRX on the Tron address to see your USDT on the address and to spend.


I Don't Trust tron! 
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March 26, 2021, 10:09:51 AM
 #6

I feel safe only if I use stable coins When the money is in btc I Can't sleep.

Oh boy, you'd better find out how StableCoins work first. You are completely relying on a provider that promises to reflect the number of dollars deposited in the number of stable coins issued. But if you look at the history of Tether (USDT) alone, it is far from certain that they do. Stable coins are not suited for holding money in the medium and long term, but only as a short term means of trading. Hold your money either in fiat or crypto but not in stable coins.

And please remove this thread of you https://bitcointalk.org/index.php?topic=5326361.0
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March 26, 2021, 10:52:42 AM
 #7

As stable coin all people use USDT coin and i think it is most usefull coin for fund Transferring and we know that first time USDT fees was 0.00 on TRC20 network but now it not free. But you can use this way becouse i use this, you can sell your fund and Buy TRX, its fees is too low, then send your fund and next you can sell your TRX and buy stable coin.     

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cryptoboss2020 (OP)
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March 26, 2021, 11:13:28 AM
 #8

As stable coin all people use USDT coin and i think it is most usefull coin for fund Transferring and we know that first time USDT fees was 0.00 on TRC20 network but now it not free. But you can use this way becouse i use this, you can sell your fund and Buy TRX, its fees is too low, then send your fund and next you can sell your TRX and buy stable coin.     



Tron is not so trusted
Need More time or Research about tron
I Don't Trust tron
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March 26, 2021, 03:00:44 PM
 #9

As stable coin all people use USDT coin and i think it is most usefull coin for fund Transferring and we know that first time USDT fees was 0.00 on TRC20 network but now it not free. But you can use this way becouse i use this, you can sell your fund and Buy TRX, its fees is too low, then send your fund and next you can sell your TRX and buy stable coin.     



Tron is not so trusted
Need More time or Research about tron
I Don't Trust tron
What about BSC? this chain is also charging very cheap fees for the its users and that's why there are lots of platforms from ethereum migrated to the BSC chain too. I see that even it consumes less than 1 cents for a single transaction and it's really worth to try

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March 26, 2021, 03:04:31 PM
 #10

As stable coin all people use USDT coin and i think it is most usefull coin for fund Transferring and we know that first time USDT fees was 0.00 on TRC20 network but now it not free. But you can use this way becouse i use this, you can sell your fund and Buy TRX, its fees is too low, then send your fund and next you can sell your TRX and buy stable coin.     



Tron is not so trusted
Need More time or Research about tron
I Don't Trust tron
What about BSC? this chain is also charging very cheap fees for the its users and that's why there are lots of platforms from ethereum migrated to the BSC chain too. I see that even it consumes less than 1 cents for a single transaction and it's really worth to try

BSC is centralized that's why transaction fee is much cheaper compared on Decentralized Blockchain. I wonder if OP will use that since he already declined Tron TRC20 USDT which is almost free transaction fee.



Try Litecoin instead OP or XRP since you already mention it..

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March 26, 2021, 03:28:20 PM
 #11

the chance might be on rising transaction number on trade as might trader gains with the excessive and gains of more money to spends as transmitting balance into other account that the high fee with nominals might still be fine for trader who keep trading all the time/more intensive.

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March 26, 2021, 03:30:49 PM
 #12

All coins Transactions have high fees.
Not all of them, there are still few coins that have less to no fee.

What to use its best Now? 
What is the lowest fees Transactions stable coins?
TRC20 is what the usual public chain that's being used to save fees.

Xrp are cheap and Fast but its not stablecoin.
I feel safe only if I use stable coins When the money is in btc I Can't sleep.
Anyways so what coins are cheap to use?

I dont see point of coins When You pay huge Transaction fees!
Bitcoin became expensive if you're looking to the transaction value in USD. But nothing have really changed ever since if you're counting to the fee of it and compare back it before the bull run.



 

 

 

 

 

 


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March 26, 2021, 05:39:41 PM
 #13

All coins Transactions have high fees.
What to use its best Now?  

I dont see point of coins When You pay huge Transaction fees!
The high fee doesn't cut across all coins, actually. Last month I moved 10,000 units of Dogecoin from a private wallet to Binance for a fee of 2 Doge. I was really taken aback as I expected something way above that. The cost of two doge then was $0.1. Just a mere 10cents to move that huge quantity and it arrived almost immediately I sent it out. We can't say that for Bitcoin and ETH. I think these two are bad influence on the entire crypto market.


Anyway, if you want less transaction fees and stable then I think you can go with USDT on TRC20. You will need at least 0.1TRX on the Tron address to see your USDT on the address and to spend.
This is what I do most times, especially when am withdrawing from Binance because of the fixed 0.001% BTC withdrawal fee. When that's converted to dollar, it's a high fee to pay especially on small transactions. Going the USDT route seems to be more favourable.

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March 26, 2021, 08:06:38 PM
 #14

There are many coins that have a very high fees and I have come to the conclusion that they do not have a sharp edge and only occupy my wallet space. When the total value of my coins is, (for example) $ 15, how can I pay a $ 30 fees? Cheesy
Look for coins with low fees such as ltc or dogecoin


So who to Say this? 
Cryoto is Good Only If You have a lot money.

If Not like that...  Someone fix it 4 us plz.
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March 27, 2021, 12:09:15 AM
 #15

All coins Transactions have high fees.

That is not true. Monero transaction fee is 0.3 cent. And there is no plan transaction fee of Monero will go up. Monero is money. Not just that is fungible but also transact able. It would be a bad money without cheap fees.
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March 27, 2021, 12:42:00 AM
 #16

All coins Transactions have high fees.

That is not true. Monero transaction fee is 0.3 cent. And there is no plan transaction fee of Monero will go up. Monero is money. Not just that is fungible but also transact able. It would be a bad money without cheap fees.
you are right, many people use monero because of the low cost. without that, I think the interest in monero could have waned.
it's almost the same as Dogecoin. without clear usage and low transfer costs, I'm sure many will abandon it. Currently, many assets have high adoption due to low transfer costs. That's because traders and investors need to move their money from one exchange to another.



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March 27, 2021, 12:51:00 AM
 #17

Tron is not so trusted
Need More time or Research about tron
I Don't Trust tron
What is the reason you don't trust tron? Why do you think it's not so trusted?
You can said something like that just because someone on the internet said that. You have to do your own research, not just following someone opinion.
If you do small research, usdt trc20 is the lowest cost for stable coin transaction. Even withdraw it from exchange is free. And FYI I haven't heard any serious reports regarding tron network.

Tips: if you want to choose a stable coin, make sure you don't use erc20 one for now.

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March 27, 2021, 01:14:58 AM
 #18

Tron is not so trusted
Need More time or Research about tron
I Don't Trust tron
What is the reason you don't trust tron? Why do you think it's not so trusted?
You can said something like that just because someone on the internet said that. You have to do your own research, not just following someone opinion.
If you do small research, usdt trc20 is the lowest cost for stable coin transaction. Even withdraw it from exchange is free. And FYI I haven't heard any serious reports regarding tron network.

Tips: if you want to choose a stable coin, make sure you don't use erc20 one for now.
good advice. for stable coin transactions at this time it is not good to use the erc20 network. because we know the problem of transaction fees that have not been resolved to date.
I think he has a problem with the TRC. there is some bad news about the project. but on a profit basis, utilizing the TRC network stable coins is not bad. I believe many have used it. although adopting TRON or USDT TRC only to transfer the assets he owns.
however, I have used the benefits of USDT TRON. and I don't feel any problem.









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March 27, 2021, 02:50:36 AM
 #19


The lowest transaction fee so far that I've used was with stablecoin is the USDT (TRX20). Best option for doing transactions with little amounts to send. Its been a big problem for traders with small capital to use ETH base token today due to high fees. Justswap wasn't used very much when it started but now I can the reason why its volume had been growing that it outranked top DEX and its because of low fees.

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March 27, 2021, 03:49:47 AM
 #20

Guys, do not try to convince OP, dude is a known troll and a spammer and he is not after talking to you, he just comes here and writes whatever he wants and leaves that's about it, he barely even reads yours, his English is terrible. Tron is a very well choice, BSC is a great choice if you want to be in defi, Litecoin and doge are very good choices to move money around if you want to. There is really no wrong answer with this, as long as it is cheap and all you want to do is move money around you can do whatever you want.

I use BNB and BUSD because I feel like they are the best represented ones, most of the coins and tokens we have are very centralized so if I am going to use something that is centralized might as well pick Binance since they are multi billion dollar company anyway, who cares if they do something wrong they will always fix it and make it whole again.

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