Topic: A cryptocurrency that lets you shop everywhere online without any fees? (Read 179 times)
August 22, 2022, 08:04:51 AM
I've never seen it because I think the big market only accepts payments from coins already big coins and of course there are transaction or withdrawal fees. but I've heard NANO is a coin that can be shopped for free, but I don't know it any further. if you feel that transaction fees are expensive, maybe you can use a network with low fees, such as SOL, XLM, BNB, TRX.
August 22, 2022, 12:52:02 PM
I think IOTA and NANO are among the cryptocurrency that has zero fees. If you are not comfortable using these cryptocurrency then you can opt to cryptocurrency that has the lowest fee such as:
Stellar
Cardano
Litecoin
Dash
Tron
Eos
Zil
DGB
But if you use a third party apps, don't be surprised if you are charged with extra fee.
You missed matic in the list . They are growing very fast and their gas fees are very low.And if we talk about nano then after performing well in 2018, Nano could not show any remarkable performance. But their transaction fee is really commendable. But if this was the case with the coins that people use more, then maybe some solution would come for OP's post. Currently, various exchanges are offering facilities for zero fee transactions but this is limited to their internal transactions. Stellar
Cardano
Litecoin
Dash
Tron
Eos
Zil
DGB
But if you use a third party apps, don't be surprised if you are charged with extra fee.
August 22, 2022, 02:24:42 AM
I am curious if there is an altcoin/crypto that lets you shop everywhere online WITHOUT any exchange or network or transaction fees?
Things like restaurant deliveries, groceries, Amazon orders, travel,...anything...
I don't think so, all online transactions using crypto will have a fee, because to cover network fees and wallet maintenance fees, to my knowledge there is no zero fee for online transactions, but at least you can choose crypto that tx fees very cheap that's all Things like restaurant deliveries, groceries, Amazon orders, travel,...anything...
August 20, 2022, 06:48:41 PM
I am curious if there is an altcoin/crypto that lets you shop everywhere online WITHOUT any exchange or network or transaction fees?
Things like restaurant deliveries, groceries, Amazon orders, travel,...anything...
Things like restaurant deliveries, groceries, Amazon orders, travel,...anything...
Nano offers a fee-less transaction but it hasn't reached the point of popularity that it is widely used if I am a shop owner or a service provider I would have opted for more popular ones with cheap fees like Tron, Doge, Shib, Litecoin, and coins that are on the top 50 at least, you can also use Bitcoin lightning network, your customers will accept it and they will not ask a question the coin that you're going to use and besides the community is used to transaction fees because they understand that these fees go to the miner to keep the network going on.
August 20, 2022, 04:12:26 PM
I am curious if there is an altcoin/crypto that lets you shop everywhere online WITHOUT any exchange or network or transaction fees?
Things like restaurant deliveries, groceries, Amazon orders, travel,...anything...
There is none, you can’t still use any cryptocurrency anywhere you go because every country have their own restrictions and businesses are still hesitant to cryptocurrency for the purpose of regulations. Though the idea is really good because this is the real purpose of cryptocurrency to spend money anonymously but things are different now, some tokens just have a small fees a cents for every transaction and I think it can work if the businesses decide to accept it. Things like restaurant deliveries, groceries, Amazon orders, travel,...anything...
August 20, 2022, 04:09:18 PM
The acceptance of cryptocurrency will still depend on the business establishments and honestly, we are still far from this kind of adoption and it’s still hard to use cryptocurrency everywhere you go. We have this in our local wallet but not directly it still an app where you can pay without any fees.
Well, I’ve heard about NANO project being a zero fee transaction but then again, the adoption it still what matters here because most probably the top coins will still be the option if ever since volatility is still the risk if they accept cryptocurrency.
Well, I’ve heard about NANO project being a zero fee transaction but then again, the adoption it still what matters here because most probably the top coins will still be the option if ever since volatility is still the risk if they accept cryptocurrency.
August 20, 2022, 03:39:48 PM
Nano has zero fees.
But the acceptance depends on the merchant on what cryptocurrencies they like to accept as payment. Most likely, it's bitcoin, ethereum and bnb that are the most accepted cryptos by the merchants.
Not unless, they have some uncommon crypto that's being supported by them so that the others are going to buy the coin as well. Also, an off chain transaction will cost nothing if the merchant and customer is on the same platform and allows that type of transfer.
But the acceptance depends on the merchant on what cryptocurrencies they like to accept as payment. Most likely, it's bitcoin, ethereum and bnb that are the most accepted cryptos by the merchants.
Not unless, they have some uncommon crypto that's being supported by them so that the others are going to buy the coin as well. Also, an off chain transaction will cost nothing if the merchant and customer is on the same platform and allows that type of transfer.
August 20, 2022, 03:36:22 PM
I am curious if there is an altcoin/crypto that lets you shop everywhere online WITHOUT any exchange or network or transaction fees?
Things like restaurant deliveries, groceries, Amazon orders, travel,...anything...
So far, I haven't found any Crypto/Altcoin that provides such a service with completely free, 0 transaction fees.Things like restaurant deliveries, groceries, Amazon orders, travel,...anything...
But if you want an Altcoin that has very low transaction fees, maybe you can consider Matic, Stellar, and XRP.
If you want free transaction fees, maybe you can use a 3rd party like Binance, you can take advantage of Binance Pay
August 20, 2022, 12:41:06 PM
One of the major factors that attract people to a crypto coin/token is the transaction costs. The ability to move the token/coin from one wallet to another helps in adopting and accepting the coin/token. for example, Binance Coin (BNB) has gained good acceptance due to its low fees when compared to Ehereum. The main target is to reduce the transaction fees as low as possible. Most wallets/Blockchain from time to time may require upgrading or maintenance, so some of the fees are charged so as to maintain some wallets, so transactions may not be entirely free, as they charge some fees for the blockchain/wallet. Likewise, some coins are mined and miners charge fees for the process, so the fees are not deliberate. However, coin like Nano is an exception. Nano is a cryptocurrency that charge zero transaction fees,
August 20, 2022, 12:33:41 PM
I am curious if there is an altcoin/crypto that lets you shop everywhere online WITHOUT any exchange or network or transaction fees?
Things like restaurant deliveries, groceries, Amazon orders, travel,...anything...
Yes there are shitcoins which has no transaction fee or the negligible fee when compare to fiat value but they haven't been accepted anywhere like restaurant or online shopping platforms so until now there is no coin available for you at the moment. Things like restaurant deliveries, groceries, Amazon orders, travel,...anything...
August 20, 2022, 12:05:32 PM
As other users already mention, all the cryptos has fees for their transactions but what you can do is to use a coin that has really low fees for your transactions. A good example of this is DogeCoin where the transaction fees is 1 Doge = $0.069...
Even tokens has to pay fees for the transactions, and it's hard to think about a crypto without fees, but in the technical side should be possible to create one where the miners get only the new blocks reward. But no one have done it in the past.
Even tokens has to pay fees for the transactions, and it's hard to think about a crypto without fees, but in the technical side should be possible to create one where the miners get only the new blocks reward. But no one have done it in the past.
August 20, 2022, 11:34:29 AM
No. As already been mentioned, there is NANO, but I haven't heard it being accepted for everyday living payments. The best you can get if you are seeking things that accept near zero fees is to use Bitcoin lightning Network, since it is the most adopted, and even you can have zero fee, assuming the transaction router is going into zero fee nodes.
August 18, 2022, 10:17:23 PM
I am curious if there is an altcoin/crypto that lets you shop everywhere online WITHOUT any exchange or network or transaction fees?
Things like restaurant deliveries, groceries, Amazon orders, travel,...anything...
Things like restaurant deliveries, groceries, Amazon orders, travel,...anything...
As someone pointed out, it's Nano, but the thing is, not every online store that accepts crypto includes it, so that is the catch.
So you might not take advantage of it, but rely on what coins are being mostly supported like BTC, ETH and others. I know your frustrations, but we all know the crypto or the project itself needs some incentives to keep it going, miners, validators etc etc. So think about it that you are giving it back to them when you pay fees, (including the 3rd party provider).
August 18, 2022, 09:45:47 PM
@NaturalAI, To make payments for services or goods, I don't think there is any crypto that supports this for free a.k.a no fees. In crypto, we know that network costs play an important role in the sustainability of the network as well as its stability. Unfortunately, we don't yet have a cryptocurrency that can do the things you say.
August 18, 2022, 09:43:30 PM
I doubt if coin like IOTA being accept with merchants that you have mentioned above. It's not about what kind of coin and how much is fees for transaction. If your coin didn't get accepted by merchant and then how can you spend it? You must accept the fact that if you are looking for coin that has no fees but it will be rarely accepted by merchants like you have mentioned above. I think that if you must not also feel so bad with low fees that being implemented by 3rd party service.
August 18, 2022, 07:18:54 PM
There isn't anything like this disponible for now. Bitcoin being what it is in popularity and adoption isn't accepted everywhere as mean of payment yet, now imagine a random altcoin... You still need to convert crypto to fiat to be able to transact everywhere online. It's hard to use crypto to make directly payments, because the options are scarce, with or without paying fees.
I believe what you are looking for will only become feasible once a big online shopping network adopts crypto for all the purchases inside the platform. Maybe creating their own native cryptocurrency as well.
I believe what you are looking for will only become feasible once a big online shopping network adopts crypto for all the purchases inside the platform. Maybe creating their own native cryptocurrency as well.
August 18, 2022, 06:38:56 PM
Service fees will always be needed. Remember that the most effective ways to use the app like binance pay to buy on online shop. The fees that was being charged was also very small. i think that there was no problem with it. There are some coins that were offering zero fees transaction for that but since it was getting less accepted by merchant and what will you do? Force them to accept it? Using the application like binance pay is also very very useful as this is also supporting so many things with low fees.
For me fees was not a problem as long as it's still affordable rather than only using specific coin to buy in online store but only a few that accept it
For me fees was not a problem as long as it's still affordable rather than only using specific coin to buy in online store but only a few that accept it
August 18, 2022, 05:27:37 PM
I think IOTA and NANO are among the cryptocurrency that has zero fees. If you are not comfortable using these cryptocurrency then you can opt to cryptocurrency that has the lowest fee such as:
Stellar
Cardano
Litecoin
Dash
Tron
Eos
Zil
DGB
But if you use a third party apps, don't be surprised if you are charged with extra fee.
Stellar
Cardano
Litecoin
Dash
Tron
Eos
Zil
DGB
But if you use a third party apps, don't be surprised if you are charged with extra fee.
August 18, 2022, 02:46:44 PM
How do expect to have such alts that does all these services for free without any fees, I think you are requesting too much, even if there is such a token it will have to interact without other chains which might require some fees.
August 18, 2022, 01:52:01 PM
If you looking a cryptocurrency with zero-fee you can tried to look into "NANO" : https://coinmarketcap.com/id/currencies/nano/
Most of transaction without zero-fee or network is by internal transaction, while the fund is not actually moving in the chain but since you only transaction like on the same wallet the provider, company or wallet can easily just move the fund without need a network.
As long the transaction between member-to-member using the same service they're provide.
Most of transaction without zero-fee or network is by internal transaction, while the fund is not actually moving in the chain but since you only transaction like on the same wallet the provider, company or wallet can easily just move the fund without need a network.
As long the transaction between member-to-member using the same service they're provide.
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