Litecoin for transaction.

kirubel

Somewhat Known
Member
Oct 30, 2023
818
36
Dex
$0.000
Raw Dex
$0.000
I guess we all have faced high transaction fees and hig gass fees for semding and withdrawing some crypto coins, and personally i use those coins with less price, they have very little withdrawal fee and its perfect for me, one one of the ckin i choose for transaction is litecoine, what about you which coin do you prefer?
 
AgoraForo - Digital Marketplace & Freelancer Forum

timewo

Notable
Member
Jul 30, 2022
2,781
212
Dex
$0.160
Raw Dex
$1.483
Most of the websites for making money are paying to Faucetpay and when converted into dollars, Litecoin has the lowest fee compared to other cryptos for withdrawal. I have very few crypto transactions at present.
 

Carson20t

Notable
Member
Sep 10, 2022
1,617
295
Dex
$0.000
Raw Dex
$1.560
Yes, this is very true, Litecoin is one of the coins that has reasonable gas fees and is super fast in transactions, There are also some other coins like BCH that are good to transact in. I have also noticed that if you have a reliable exchanger platform or crypto wallet that suits your local needs then it should not be a big problem for the transaction. Most wallets or exchanges do not even have fe3es when sending from one similar wallet to another such as Yellowcard and Binance.
 

kirubel

Somewhat Known
Member
Oct 30, 2023
818
36
Dex
$0.000
Raw Dex
$0.000
Yes, this is very true, Litecoin is one of the coins that has reasonable gas fees and is super fast in transactions, There are also some other coins like BCH that are good to transact in. I have also noticed that if you have a reliable exchanger platform or crypto wallet that suits your local needs then it should not be a big problem for the transaction. Most wallets or exchanges do not even have fe3es when sending from one similar wallet to another such as Yellowcard and Binance.
Yeah some crypto wallets don't have transaction fees to send crypto coins for a person that have similar wallet with you, and i think coinbase is also one of thus wallets that don't chare for their costumers with similar wallets, and that will make the transaction more good.
 

riberet19

Notable
Member
Jan 7, 2023
3,223
347
Dex
$0.000
Raw Dex
$0.920
I prefer Litecoin as Bitcoin transactions have really skyrocketed too much and it is no longer a cheap network, many fees on the network are above 30000 satoshis which is outrageous.
 

timewo

Notable
Member
Jul 30, 2022
2,781
212
Dex
$0.160
Raw Dex
$1.483
After Binance is blocked in India due to government ban, indians are forced to use indian exchanges, and some of these indian exchanges are not having litecoin listed as a valid cryptocurrency.
 

eldavis

Very Familiar
Member
Sep 4, 2022
15,069
664
Dex
$0.000
Raw Dex
$6.086
For me I usually prefer using Litecoin or Bitcoin cash for my transactions. The last time I made a transaction with Bitcoin, I regretted my choice they took more than half of what I was sending.
 

timewo

Notable
Member
Jul 30, 2022
2,781
212
Dex
$0.160
Raw Dex
$1.483
Litecoin has the lowest fees compared to Bitcoin, yet in a major problem for indian users many of the local exchanges are not listing Litecoin, due to which they have to use other cryptos with higher fees.
 

Stardom22

Very Familiar
Member
Sep 1, 2022
13,227
565
Dex
$4.300
Raw Dex
$0.317
For me l am still studying and making research on the crypto currency. l am yet decided on which one to use and probably make investments in them for the truth of the matter.
 

Passiveearner

Notable
Member
Dec 28, 2022
3,318
205
Dex
$0.000
Raw Dex
$6.152
I don't know why people use rubbish payment processors like "paypal". I really hate it. I like using Litecoin because it has a really low fees. Apart from Litecoin, Bitcoin Cash is also a good coin for making transactions.

I too do prefer the litecoins making online payments. I have seen it to be more convenient than the PayPal
 

nomad

Very Familiar
Member
Jun 22, 2022
10,931
512
Dex
$0.010
Raw Dex
$0.300
I started using Litecoin in 2019. In the beginning, I was mainly using litecoin for long term investment. But these days I only use for sending and receiving funds
 

Passiveearner

Notable
Member
Dec 28, 2022
3,318
205
Dex
$0.000
Raw Dex
$6.152
When the price of Bitcoin increased so much, many people switched to Litecoin. Bitcoin Cash is also one of my favourite coin. I wish if both of these coins were used by more and more platforms.
 

fcbetting

Notable
Member
Jun 16, 2022
4,917
358
Dex
$0.010
Raw Dex
$4.810
I am sending BTC using LNURL network. For each 100 satoshi fee is 1 satoshi. You just need to find wallet with LNURL network support. There are few on market.
 

Passiveearner

Notable
Member
Dec 28, 2022
3,318
205
Dex
$0.000
Raw Dex
$6.152
Thi is something that I have noticed as well. When the price of Bitcoin was quite low, the fees associated with Bitcoin were also quite low. I don't know why fees of cryptocurrency get higher as the price goes up.

If it is stabile fee is stabile but if it goes even more up, fee will be higher. But if it goes up, you can sell it for good price and get stabile USDT.
 
Back
Top