[Quick Tip] How to Avoid Bitcoin Fees.
Earlier today i wanted to transfer some Bitcoins to my Kraken account, I was surprised to see that i had to pay almost the same amount in fees. !
I was like:
So i came up with a solution to pay almost 1/10 of fees.
Here how it goes. ( I am using Exodus, but the idea should be the doable with all wallets)
I used the Exchange feature to exchange Bitcoins for Litecoin. The fee was negligibly small.
Then i sent the money to Kraken using Litecoin instead.
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If i saved you money consider upvoting the post :)
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STOPAren't they both on-chain transactions? Why would the fee be different between the two?
Maybe shapeshift used their own confirming methode
This should truly do it.
Try it out