Topic: How to save money when trading and transfering (Read 64 times)

chris200x9

legendary

Activity: 1316

Merit: 1011

Quote from: dragonhunter11 on April 12, 2018, 09:16:43 PM

No one read this?

I don't think anything new you posted and that's why maybe people not showing interest.

Because everyone knows that Bitcoin transaction fees are slightly high compared to LTC transaction fee.

But I didn't understand why do you want to do so many conversions because you know each time you convert you need to pay exchange fee as well? Unless you want to save your money in LTC then you can do but finally, if you want to convert back to BTC or any other coins then it is not a good idea.

dragonhunter11

newbie

Activity: 66

Merit: 0

No one read this?

dragonhunter11

newbie

Activity: 66

Merit: 0

I just realized that withdraw bitcoin and transfer bitcoin can generate a large fee. It's too expensive.

So people suggesting using LTC to withdraw and transfer.

This is how it works.

First, trade btc to ltc.
Then, withdraw ltc to your other accounts. Usually the fee will be small.
Last, trade ltc back to btc or other cryptocurrency that you like.

Especially, If you use Kucoin and Cryptopia, you can transfer not only using LTC, but also other coins like DeepOnion. The fee for DeepOnion is even cheaper.

If you like this post, please give a like and support so other people can learn.
Thanks to everybody!

Bitcoin Forum>Alternate cryptocurrencies>Altcoin Discussion

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