Why the transaction fee hike on ORDI?

[Despairo]

He is using WBTC on the Binance smart chain BEP20 which is not Bitcoin, it is an altcoin.

Sending WBTC to another exchange is a way to minimize transaction fees.  Since it is in BEP20, the user can minimize the transaction fee

There's no such WBTC on BSC network since WBTC is a dedicated token that run in ETH network. If you use Bitcoin that run in BSC network, it's actually BTCB.

but if I what to chose the first bitcoin network I will also chose same in my mexc if not it will be sent to a wrong address despite its still bitcoin. so changing its network automatically turns the bitcoin to wBTC.

Remember, both Bitcoin and BTC(SegWit) are actually same, segwit is a soft fork and it's compatible with the original Bitcoin chain. So don't get tricked by Binance since they make it separate.

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[pakhitheboss]

He is using WBTC on the Binance smart chain BEP20 which is not Bitcoin, it is an altcoin.

Sending WBTC to another exchange is a way to minimize transaction fees.  Since it is in BEP20, the user can minimize the transaction fee

There's no such WBTC on BSC network since WBTC is a dedicated token that run in ETH network. If you use Bitcoin that run in BSC network, it's actually BTCB.

Thanks for enlightening me with your theory of There's no such WBTC on the BSC network since WBTC is a dedicated token that runs in the ETH network.. It proves you haven't understood how BSC came into existence and why I wrote WBTC is common on most blockchains.

Sometimes replies like these could be ignored but looking at your rank with a campaign you certainly have to know the basic difference between Bitcoin and Bitcoin tokens. It is now evident that you would like to argue with me about what should a cloned token be named. I am not sure how to put this up to you but I have been here for some time now and I feel you should understand where the Bitcoin cloning token started and why I gave a generic name. You will come up with the question why WBTC and why not anything else, please do your research before every other was called WBTC and why it is not being named the same.

[Findingnemo]

I will advice you to pay attention to the network address you’re receiving a coin to and be sure it same with the one you’re sending from, because if you’re sending and receiving from different networks then your coin will be lost for ever

just like this bitcoin network I selected as BNB smart contract bep20, on binace where to receive it I also need to select BNB bep20 just like this my binace recipient address I need to chose the number 2 which I have labeled

but if I what to chose the first bitcoin network I will also chose same in my mexc if not it will be sent to a wrong address despite its still bitcoin. so changing its network automatically turns the bitcoin to wBTC.

You can't send BTC to BEP20 address or vice versa, so you need to have wBTC if you want to deposit to an exchange but withdrawing varies from exchange, they might consider all as BTC but you can only withdraw them to the BNB address not to your segwit or legacy. It means you can't have any choice if you want to move your BTC on BTC network or you can choose these so-called BTC tokens on different networks which may not exists the next day.