I was randomly going through Tweets and suddenly I found this from one of the influencers I follow.
Pushpendra Singh posted this image. which I assume is a WazirX app screenshot and I was horrified that a Centralized local Exchange can charge so much as a fee. I am sharing the screenshot below.
I was unsure why a local exchange asked for such a huge fee. I did question a few friends of mine who Legend (according to me) and they said it is a malpractice that WazirX is known for. They sent me a screenshot of another exchange, Giottus, that had a comparatively low fee compared to the questioned exchange.
They are only asking for 20 USDT. I think that is still a big amount if someone like me wants to transfer a small amount supposedly 10 USDT. I would get a straight-away decline. Then what are the ways available to transfer Ethereum blockchain tokens at a cheaper price?
Thanks.