I have about 35$ that I'd like to buy BCH with, but with the transaction fees, I can barely get 8$ out of those 35$. Anyone know a way to buy BCH on blockchain directly from your BTC balance? Also, Could I maybe set a low low fee and use transaction accelerator to push it through?
I would probably use a wallet that has a built-in exchange to swap BTC to BCH. Fees are likely going up as the asset value goes up, High fees is really a burden to the small transaction and not really worth to transaction because of the fee. Actually I always go for the low fee and accelerating it but Some Transaction accelerator need some payments but there are some on the internet that provides free accelerator.
I was thinking about doing that, tho blockchains *free* swapping service still takes 0.0002btc fee when swapping from BTC to BCH, but I think I've got it, I'd have to upgrade to a gold member to be able to swap more or something like that.
Just a curious question. Why are you trying to buy BCH?
I don't see it getting a good hype anytime soon. Will it be used for a different purpose?
If you really want a little cheaper tx fees you can use other coins.
But if you do insists to force your way then check the time where there is no heavy traffic for tx's.
Well because I want to sell them and out local exchange accepts BCH, and I have 35$ on blockchain (BTC) and 45$ (that I'll buy BCH with) on cex.io, so yeah. :d
XRP has small fees which is the best option but the problem is if that is available to the exchange that OP has used because we know that some exchangers are delisting XRP coin.
Anyway, what we got from $35? The honest this is that it very small amount to start investing crypto especially during this that fees are considerably high. You have nothing left on us if we only have $35 on our hand.
What I can suggest to OP is that you add some more. $100 is might be enough...
Fair enough amount to invest in some cheap coins :d The main point is that I want to transfer BTC from my blockchain wallet to my cex.io wallet and buy BCH and eventually sell, but since BTC has high fees, it's somewhat better for me to swap for BCH directly on blockchain and transfer as BCH since the fees are low. So basically, I'd have about 100$ to mess around with a little bit on cex.io.