Which currency do you prefer to use for BTC/LTC/ETH transactions?

[mich]

Well I will say it is BTC or LTC for when I want to send transactions. But now it does cost $6 for a BTC and only few cents for the LTC one. So I have been sending my crypto using LTC for a short time now.
https://privacypros.io/tools/bitcoin-fee-estimator/
https://litecoinspace.org/

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[MFahad]

Hi, I have been using cryptocurrencies for about a year now where I usually do transactions from time to time in this period of time I have only used Bitcoin and Litecoin, I have seen quite a few people using Ethereum as well and I wanted to know what do you guys use to receive or send money with cryptos. I usually prefer to use Litecoin because it has almost no fees, in Bitcoin for small transactions of just a few dollars $5-$10 they can charge you up to $2 fees or a few months ago when it was broken they charged you $8 fees or more it was crazy, instead Litecoin does not charge you almost no fees and it is very comfortable to use although it is quite slow. And about Ethereum I have seen a lot of people using it but I don't know how the fees and speed are.

Best regards!

My most Go to Blockchain has been Tron (TRX). it is fast, has a low fees (almost none) and supports most of the tokens/coins I use (Mostly stable coins, USDT, USDC) beside this I use the Binance chain often. Ethereum and Bitcoin are only when necessary (mostly to receive payments from others) otherwise I avoid these two. these are just for holding..
the thing is when you have a Coin and that coin's blockchain is so congested you still have to transfer that to an exchange to convert into the right currency you want to use. and that's something I don't like.
I didn't get to use Litecoin until now in my crypto journey but I have heard a lot of good things about litecoin and hopefully someday I get to use Litcoin blcochain for my regular transactions.

[Abiky]

Well I will say it is BTC or LTC for when I want to send transactions. But now it does cost $6 for a BTC and only few cents for the LTC one. So I have been sending my crypto using LTC for a short time now.
https://privacypros.io/tools/bitcoin-fee-estimator/
https://litecoinspace.org/

LTC seems to be the best choice right now. Especially when it's accepted by many merchants/businesses online. While some other coins are cheaper and faster than LTC, they often lack mainstream acceptance. You can basically buy almost anything with LTC. Just like Bitcoin. Not only that, but Litecoin is available in almost every crypto exchange you can imagine.

I hope fees stay low on the LTC blockchain forever. It could live up to its name of being "Silver to Bitcoin's Gold". The Ordinals hype on the Bitcoin blockchain might not last for long, as people move on to the next big thing in crypto. Who knows what the future holds for the premier cryptocurrency?

[Obim34]

My most Go to Blockchain has been Tron (TRX). it is fast, has a low fees (almost none) and supports most of the tokens/coins I use (Mostly stable coins, USDT, USDC) beside this I use the Binance chain often. Ethereum and Bitcoin are only when necessary (mostly to receive payments from others) otherwise I avoid these two. these are just for holding..
the thing is when you have a Coin and that coin's blockchain is so congested you still have to transfer that to an exchange to convert into the right currency you want to use. and that's something I don't like.
I didn't get to use Litecoin until now in my crypto journey but I have heard a lot of good things about litecoin and hopefully someday I get to use Litcoin blcochain for my regular transactions.

I have used both the TRX and Litecoin, both are pretty good to make use of in this current situation where Bitcoin transaction fees are higher. Spending huge fees just for a little amount of transactions, this changed many into using stuffs like the LTC and TRX which ease the excess spending. while we don't know when Bitcoin transaction fees will go back to normal we continue using anyone of both but personally I would prefer the TRX cause I feel the transaction speed is faster than that of LTC.

[Webetcoins]

Well I will say it is BTC or LTC for when I want to send transactions. But now it does cost $6 for a BTC and only few cents for the LTC one. So I have been sending my crypto using LTC for a short time now.
https://privacypros.io/tools/bitcoin-fee-estimator/
https://litecoinspace.org/

Same here, because the two coins are always available on so many exchanges and wallets that I use. But if in case Tron USDT or simply Tron is available, I will also choose it. My other alternatives would be XRP and Matic. It is sad that many of us small users are rarely using ETH.

We already know why. But before, ETH is is mostly our alternative next to Bitcoin. The only thing that we can do right now is to reminisce those times. We can only hope that there will be a fixed that will happen in ETH and maybe in BTC too since there are ordinals which may be the reason on why the transaction fees are getting costly and I'm afraid it will remain like this if no actions were taken.

[Y3shot]

Despite bitcoin high transaction fee I see no reason why I will prefer to use any other coin rather than bitcoin, since I don't spend bitcoin all the time I will just stick to bitcoin because the transaction fee is something I spend often. I haven't seen anything yet that will make me to consider any other coin to bitcoin. Right now bitcoin has the highest transaction fee but I still choose it to any other one.

[Bushdark]

Well I will say it is BTC or LTC for when I want to send transactions. But now it does cost $6 for a BTC and only few cents for the LTC one. So I have been sending my crypto using LTC for a short time now.
https://privacypros.io/tools/bitcoin-fee-estimator/
https://litecoinspace.org/

LTC seems to be the best choice right now. Especially when it's accepted by many merchants/businesses online. While some other coins are cheaper and faster than LTC, they often lack mainstream acceptance. You can basically buy almost anything with LTC. Just like Bitcoin. Not only that, but Litecoin is available in almost every crypto exchange you can imagine.

I hope fees stay low on the LTC blockchain forever. It could live up to its name of being "Silver to Bitcoin's Gold". The Ordinals hype on the Bitcoin blockchain might not last for long, as people move on to the next big thing in crypto. Who knows what the future holds for the premier cryptocurrency?

Since Bitcoin network fee had been increased lately, I don't think anyone would want to go for Bitcoin which we all know that it has good liquidity and more safer for us to hold. Anyone that would choose Bitcoin irrespective of the height of transaction fee would be reddy to face it all. Lite coin is the best option anyone would want to go for looking at how low the network fee is and the spend of transaction.
People would have to prefer Bitcoin if the transaction fee is finally lowered.

[Abiky]

Same here, because the two coins are always available on so many exchanges and wallets that I use. But if in case Tron USDT or simply Tron is available, I will also choose it. My other alternatives would be XRP and Matic. It is sad that many of us small users are rarely using ETH.

We already know why. But before, ETH is is mostly our alternative next to Bitcoin. The only thing that we can do right now is to reminisce those times. We can only hope that there will be a fixed that will happen in ETH and maybe in BTC too since there are ordinals which may be the reason on why the transaction fees are getting costly and I'm afraid it will remain like this if no actions were taken.

ETH was good until it became plagued by NFTs and worthless "meme" coins. Bitcoin is heading to the same path with Ordinals inscriptions. You'd have to choose an unpopular blockchain like Litecoin or TRON if you're eager to save money on fees. I'd say LTC is the most decentralized and cost-effective alternative compared to the rest of the pack. It's widely accepted across a number of merchants/businesses worldwide.

Hopefully, Bitcoin Core developers would solve the "high fee" problem before it gets too late. As I've said before, the Lightning Network is not a solution to all of Bitcoin's problems. It's highly-dependent on the main chain to survive (you'd need to pay an on-chain fee to open/close channels). On-chain scaling is the only way to go. It must be done in a balanced manner to avoid sacrificing decentralization in the long run. Who knows what the future holds for the entire crypto/Blockchain industry?

[Sophokles]

Well I will say it is BTC or LTC for when I want to send transactions. But now it does cost $6 for a BTC and only few cents for the LTC one. So I have been sending my crypto using LTC for a short time now.
https://privacypros.io/tools/bitcoin-fee-estimator/
https://litecoinspace.org/

LTC seems to be the best choice right now. Especially when it's accepted by many merchants/businesses online. While some other coins are cheaper and faster than LTC, they often lack mainstream acceptance. You can basically buy almost anything with LTC. Just like Bitcoin. Not only that, but Litecoin is available in almost every crypto exchange you can imagine.

I hope fees stay low on the LTC blockchain forever. It could live up to its name of being "Silver to Bitcoin's Gold". The Ordinals hype on the Bitcoin blockchain might not last for long, as people move on to the next big thing in crypto. Who knows what the future holds for the premier cryptocurrency?

Since Bitcoin network fee had been increased lately, I don't think anyone would want to go for Bitcoin which we all know that it has good liquidity and more safer for us to hold. Anyone that would choose Bitcoin irrespective of the height of transaction fee would be reddy to face it all. Lite coin is the best option anyone would want to go for looking at how low the network fee is and the spend of transaction.
People would have to prefer Bitcoin if the transaction fee is finally lowered.

Bitcoin lightening network's gas fees is still considerably cheap and most of the major exchanges support bitcoin lightening network so bitcoin Maxis can still use bitcoin for any form of transaction. Transaction fees of LTC is low but they can not be used everywhere. So the best option is to use USDT or USDC in solana or tron network as those blockchains are one of the fastest right now and USDT and USDC are widely used crypto assets used by exchanges and their partner companies including banks.

[wheelz1200]

Using Litecoin to move crypto around is never a bad idea.  Keep crypto in bitcoin than shift to litecoin when ypu want to move crypto and back into bitcoin.  2 problems with that is spread rate between the 2.  And the second and even more important is every move into another currency drives a taxable event at least in the US.  I'd keep some liquid in litecoin but the downward risk is too great to keep too much in LTC.

[Abiky]

Using Litecoin to move crypto around is never a bad idea.  Keep crypto in bitcoin than shift to litecoin when ypu want to move crypto and back into bitcoin.  2 problems with that is spread rate between the 2.  And the second and even more important is every move into another currency drives a taxable event at least in the US.  I'd keep some liquid in litecoin but the downward risk is too great to keep too much in LTC.

Taxable only if you use centralized exchanges. Keeping everything non-custodial (decentralized) and P2P is the way to go. I think with all of the publicity Bitcoin has (especially with the recent approval of spot ETFs by the SEC), fees will stay high for a prolonged period of time. One would hope Litecoin doesn't experience these issues in the long run.

Bitcoin developers are going to need to introduce a series of network upgrades to address the "high fee problem". The LN is not the ideal solution for this, especially when it requires users to pay high on-chain fees to open/close channels. I guess this inconvenience forcee people to choose an altcoin like Litecoin or Solana instead of the LN. Fingers crossed things will get better in the long run.

[tsaroz]

LTC had been my goto coin for over a year now. They have one of the lowest fees, Less than 1 cents and the transaction are quick.
It's amazing how we still can transfer large amount of value quickly spending less than a cent. Compare that to a BTC transaction which takes over $10.
LTC is accepted almost everywhere. The 2nd most used coin specially transferring in and among defi are BNB and BSC tokens. They take about 10 cents on average to move.

[Abiky]

LTC had been my goto coin for over a year now. They have one of the lowest fees, Less than 1 cents and the transaction are quick.
It's amazing how we still can transfer large amount of value quickly spending less than a cent. Compare that to a BTC transaction which takes over $10.
LTC is accepted almost everywhere. The 2nd most used coin specially transferring in and among defi are BNB and BSC tokens. They take about 10 cents on average to move.

Funny thing is that LTC has even greater acceptance and liquidity than most of the overhyped coins trading on the market today. It's why many proclaim Litecoin to be "Silver to Bitcoin's Gold". With cheap fees and fast confirmation times, LTC proves to be a great Bitcoin alternative. If it becomes congested, you can always use Dogecoin or another cost-effective altcoin. That's the beauty of open source + decentralization.

Hopefully, Bitcoin fees would decline as developers introduce a series of network upgrades that will help tackle the problem. We may have to wait until the halving ends to experience a relief in our "pockets". Despite the high fees, Bitcoin is still the most popular cryptocurrency in the world. Who knows what lies ahead for the entire crypto/Blockchain industry?