Replies to post #5225 on ~ The Saloon ~ Crypto & Stocks ~

[geocam]

That is one of the major benefits of moving crypto around. Once the confirmations are done, it is yours to do with as you please. Although some of the coins can take a few hours to complete, they usually transfer in minutes, for pennies.


I consider my own knowledge as novice. So I usually google for information about fees and come up with lists and then see which ones I can actually buy or trade.

https://swapspace.co/blog/crypto-with-lowest-transaction-fees

Which Cryptocurrencies Have the Lowest Transaction Fees?

Cryptocurrency with lowest transaction fees
Naturally, people are interested in finding the lowest fees. Cryptocurrencies are already tricky and complicated enough, so a common concern is not losing money due to the fluctuations in the market and the hefty fees as well. Generally, the medium crypto transaction fee on the market is about $0.15-0.25 (and up to $25 for Bitcoin and Ethereum in a busy time like now). Here’s a list of the cheapest cryptocurrency transaction fees of the most popular coins according to the data of BitInfoCharts (March 2021). This data is approximate and can change after the time of the article being published so it’s worth double-checking on the official sources before making transactions. The list goes as follows:

• Ethereum Classic: transaction fee is so low that starts from $0.00023
  
• Bitcoin SV: has an average transaction fee starting from $0.0005
  
• Bitcoin Gold: at the moment, the cheapest transaction fee for BTG coin is about $0.00063
  
• Reddcoin: RDD's transaction fee is $0.00089
  
• Vertcoin: 0.002 dollars fee in average
  
• Bitcoin Cash: 0.0025 USD fee per transaction
  
• Dash: exchange fee equals $0.0051
  
• fee is $0.042
  
• DOGE: while Doge itself costs less than a dollar, its transaction fee of $0.242 remains extremely low,

[Buckey]

I am by no means seasoned in the various exchanges but at Binance I found the best way was P2P transfers. It works - its unnerving of course to send email money to a mystery source but I have done it 4 times and it was easy. Binance holds the BTC or whatever you are buying in Trust I guess and then once seller conforms receipt of funds Bionance releases crypto. I also had wire transfer problems at many sites.