~ The Saloon ~ Crypto & Stocks ~

[geocam]

Yeah. Ethereum fees are crazy. That's why when I tried to get cash into the bep chain I used Litecoin.

My ACH to Binance.us funds needed 10 days to clear. But I could go down to an ATM and pay cash for LTC and transfer that to my wallet and cash it back for immediately cleared funds. ATM fees were the suck as well but the convenience was in almost immediate liquidity.

Cheapest takes longest. ACH bank transfer. 0 fees. 5-10 days
Wired funds? I dunno?
ATM (erc 20) clears in minutes. But the fees are steep there too.

ETH to BNB is expensive right now. I was better off just transferring the LTC from Coinbase to Binance.us and selling it for cash that was immediately available to buy BNB which I could then transfer that out of my binace.us wallet into Trust Wallet to swap for DogeZilla. However it may also be possible to import the LTC directly into Binance.us address for quicker clearance but at the time I was just frustrated because the ATM would not accept my Trust Wallet address. I used my Coinbase address first after that and it worked.

As long as you have cleared funds in some wallet or exchange, the easiest way to get that cash into another exchange is to use a low fee coin to transfer so you don't have to go through banks.

I did not find anything cheaper to transfer than LTC. I am surprised it dropped so much. I bought a little bit of the LTC dip as well. It is a great way to transfer funds for cheap.