Topic: Which coin is best for small payments? - page 9. (Read 1009 times)
I have always used ETH for transactions under $ 100, been charged no more than $ 0.50 and all went through really quickly. Also LTC is a good choice, even though ethereum is acquirable via fiat on Coinbase and very easy to cash out via blockchain,
Iota was designed for this purpose, small payments from machine to machine (google IoT)
Credits token might be ideal for this purpose when it mainnet will be released. But looking at their MVP, it is very very fast. Blockchain 3.0, progress is inevitable.
Credits token might be ideal for this purpose when it mainnet will be released. But looking at their MVP, it is very very fast. Blockchain 3.0, progress is inevitable.
All of the suggestions here are good, but only because these alts everyone is talking about have very low use, very low community numbers. You want to know what I think is the best coin for payments? Bitcoin. It is accepted by everyone, and the number of accepting people is growing.
Now I am reading up with great interest the developments of Lightning Network. This capacity is promising. If it happens, and it will, Bitcoin will return to being the best coin for any payment, even micro transactions.
Now I am reading up with great interest the developments of Lightning Network. This capacity is promising. If it happens, and it will, Bitcoin will return to being the best coin for any payment, even micro transactions.
For small payments, DGB and LTC are suitable. They have transactions and go fast and small commissions. When I need to transfer a small amount and quickly, I use one of these coins.
Which altcoins are best for small payments in terms of transaction costs and speed?
There are many altcoins that has a fractional fee. Doge is one of them but i don't suggest it because you might get hurt if it suddenly dump. Try Litecoin or Monero around 2 minutes speed. XRP also is good in terms of speed of transaction.
Which altcoins are best for small payments in terms of transaction costs and speed?
You should better choose NEO. As I remember it will cost you nothing. Additionally you will get the fastest speed of transactions and great anonymity. I’d also recommend you to hold more NEO coins in your wallet: the alt will go up.
Ever heard of XLM and XRB ? almost zero fee with fast transaction time. in matter of second and the coin allready send.
XRB looks really good on paper, but the acceptance on different exchanges and vendors is quite limited.
Ever heard of XLM and XRB ? almost zero fee with fast transaction time. in matter of second and the coin allready send.
I have not tried to make payments using coin, I only ever try to use bitcoin, because most of which receive payment using bitcoin, I think ripple good for use as payment
I think litecoin, neo, xrp and iota is the best choice for me if you are looking for small payment.
But it the fees will depending on the volume of your transaction also the fast of the transaction.
Also much better if you choose good exchange to received your coin which will confirm your transaction too fast but there is no instant transaction in crypto currency.
But it the fees will depending on the volume of your transaction also the fast of the transaction.
Also much better if you choose good exchange to received your coin which will confirm your transaction too fast but there is no instant transaction in crypto currency.
NEO is a good choice (because zero commission)
But if there is a lot of transfer the transaction at the same time, NEO processing speed may couldn't keep up with, that I have another suggestion: ACT, although the ACT most of the time seems to be unstable.
But if there is a lot of transfer the transaction at the same time, NEO processing speed may couldn't keep up with, that I have another suggestion: ACT, although the ACT most of the time seems to be unstable.
Stellar (XLM) is a good choice transaction is very fast with just a blink of your eyes you can receive it in an instant and also have very low fees tried and tested.
In my opinion is DIGIBYTE because this coin has faster transaction 40 times more and cheaper fee transaction than Bitcoin and good for micro transaction, and also this coin still cheap so will be possibility the price to going up in the long term.
Currently I think NEO is fast, but still there is many problems with huge volume.
CREDITS will be the fastest currency based on blockchaine.
CREDITS will be the fastest currency based on blockchaine.
Which altcoins are best for small payments in terms of transaction costs and speed?
i use NEO its best for small payments 
Which altcoins are best for small payments in terms of transaction costs and speed?
Option can be Ripple and Doge Coin. Also, I heard that it's very cheap to transfer the Bitshares. And an interesting variant will be the Iota Which altcoins are best for small payments in terms of transaction costs and speed?
i use NEO i think it is best when it comes to small payments
I think this is Stellar Lumens. Transactions have a very minuscule fee of $0.000000421240 to prevent network spamming and denial of service. Transactions send and confirm in just a few seconds. It's also a trusted coin in the Top 20 market caps.
For small payment, i would suggest Neo is the best coin because it is the cheapest one and also fast in comparison to other blockchain, and the best part is there is no transaction fees. And now is the right time to invest on NEO because there are many upcoming projects of NEO due to which price is expected to reach new heights.
Any altcoin that does not have that much volume in transaction will do. Ethereum used to be so fast with very little gwei for gas but since its transaction bulked, the confirmation time and fee goes up as well.
For now, I want to use NEM for transactions because it is still very low in tx fee but not much accepts NEM right now.
After the Ethereum was clogged first by those Kryptokitties I was forced to try other coins for fast and cheap transfers. So I used NEO, it is fast and there is no fee for transactions. Nowadays I`m using Ethereum again, I assume they managed to get more miners into it since the transfers fees are back to couple of cents if you`re willing to wait a few minutes. For now, I want to use NEM for transactions because it is still very low in tx fee but not much accepts NEM right now.
Jump to: