Which coin is best for small payments? - page 6.

AlexOnix

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Quote from: SheepSuit on January 21, 2018, 08:52:06 AM

Which altcoins are best for small payments in terms of transaction costs and speed?

I really like Dogecoin. It has a quick transaction and a small fee for the transfer. Recently, ICO SmartHoldem their coin also has a very high transaction rate and a small fee for the transfer.

kaineh

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I would use LITECOIN for this. In my opinion, the most suitable and having the lowest commission

pergola

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Quote from: wendybean on February 09, 2018, 01:27:57 AM

Ethereum is best for small payments as far as I know, you can easily make payments and receive payments in very little time.

I can confirm this. My friends and I often make small payments using ethereum, transactions are performed within a few minutes. Yes, there are crypto currencies with faster transactions and smaller commissions, but ethereum is very common.

wendybean

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Ethereum is best for small payments as far as I know, you can easily make payments and receive payments in very little time.

trickyriky

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Quote from: Fu.Sin on January 31, 2018, 01:36:06 PM

I also, like my acquaintances, use for the Ripple and Doge transactions. Firstly, these coins are on almost all exchanges, they have a high speed and a small commission.

Pick NEO if you do not want to pay for transactions and use Litecoin if you are going to make the transaction faster. However, most of altcoins operations are cheaper that operations with Bitcoins.

Silberman

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Quote from: jagdeepjd on January 28, 2018, 01:54:01 PM

Quote from: SheepSuit on January 21, 2018, 08:52:06 AM

Which altcoins are best for small payments in terms of transaction costs and speed?

when it comes to cheap transaction cost and faster transaction only 1 comes to mind DOGEcoin. it is very fast and cheap it is the only feature it has I guess :p and it is almost present in all the major exchanges.

other than dogecoin there are some other cheap coins too like xlm(stellar). you can use it as dogecoin is not available as of now in some new growing exchanges like binance.

Many people make fun of dogecoin because is a coin that started as something funny, but at least it has something going on for it, it is fast and cheap, not much but that is enough to make it a good currency even if it is a terrible store of value but most coins do not even have that, if we take into account that most projects are abandoned in less than a year dogecoin has an advantage over most coins due to its age and its usefulness.

Lucky_U

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There is many such coins - Doge, LTC, Ripple. Also you can use Digibyte, very fast with low fees.

ramini

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Quote from: blant on February 01, 2018, 02:15:03 AM

Doge of course

I believe that DogeCoin would be the clear winner in this category but DogeCoin is not yet that popular to be used as one of the main payment for products and services for business institutions.
Many would adapt in Ripple as it has also the speed and lowest transaction fee between wallets.
I would like to use Dogecoin as well in the near future.

ramini

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Quote from: SheepSuit on January 21, 2018, 08:52:06 AM

Which altcoins are best for small payments in terms of transaction costs and speed?

I think Ripple will offer speed, quality and reliability for this category.
In my home country, some business owners are started to adapt Cryptocurrency as another way of payment for their products and services and they started to accept Ripple, Neo and Ethereum.
Ripple is really reliable on this category because it's value is low and transaction fee is lower than other Cryptocurrencies.

prince05

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I guess Doge will be the best coin for micro transactions. You can run faucets in exchange for ads using doge coins which does not really hurt the bank much when paid as faucets or some other stuff. Doge transaction is also fast in my opinion, I myself even use this to for micro payments in my projects.

blant

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Doge of course

PanicAtTheFork

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Quote from: SheepSuit on January 21, 2018, 08:52:06 AM

Which altcoins are best for small payments in terms of transaction costs and speed?

I think dogecoin works pretty well for small payments, fees are near zero.

krassy

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Judging by the opinions expressed by the doge coin, the coin is very in demand, although it was conceived as a joke. it turns out to be far from joke. Most are very actively using this coin for small payments, and it looks very good, maybe even worth investing in it a bit?

d_crypto

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I use NEO for free transactions....and LTC for fast transactions...

Rabbai89

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IMO I think Reddcoin and Doge!

Tuare aget

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Quote from: Fahim on January 21, 2018, 09:50:27 AM

I use NEO, because there is no fee for transactions. I also use Ethereum. Sometimes the commissions are quite large, especially during hot ICO, it is necessary to put the maximum commission to make payment as quickly as possible. In Ethereum there are also low commissions sometimes. But this is just my habit, I know that this is not the most profitable exchange.

I think Neo is good option to send money from one wallet to another wallet.
Dont ever use bitcoin if your purpose just for sending coin. Use bitcoin only for investment.

Usui-Kun

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Try to research for the upcoming coins that will be up on exchanges and look after what their campaign earned or how did the ICO do. These coins usually start low and then the success from their campaign will make them go to the moon, if you know what I mean.

stewmeista

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Quote from: SheepSuit on January 21, 2018, 08:52:06 AM

Which altcoins are best for small payments in terms of transaction costs and speed?

RaiBlocks, which is now rebranded as Nano, is by far the best option for this. Nano is specifically designed using a block lattice system which allows transactions to go through almost instantly https://www.reddit.com/r/CryptoCurrency/comments/7jj68u/raiblocks_speed_comparison/.

This system also utilizes very little computing power which allows for nearly zero transaction fees. No need for mining as well.

RaiBlocks/Nano is currently the best option for a scalable everyday currency.

stkuser1

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I would recommend Byteball or Doge, fast the very low transaction fees.

seoincorporation

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Quote from: SheepSuit on January 21, 2018, 08:52:06 AM

Which altcoins are best for small payments in terms of transaction costs and speed?

I should say DOGECOIN, for any transaction only cost 60 satoshis. They are cheaper transactions, cheaper coins and DOGECOIN seem to have a bright future ahead so, for small investment and in order to get cheaper transactions I feel that’s the best.

If you want more options search for coins with low fees.

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