Tip: If buying Altcoins buy and transfer LTC from CoinBase instead of BTC - Faster transaction and save $2steemCreated with Sketch.

in #bitcoin7 years ago (edited)

Just as the title says...If you usually turn your fiat into Bitcoin and then transfer to another exchange so you can get an altcoin you want, instead of buying BTC on Coinbase buy LTC because the transfer fees are the following:

For BTC - 0.00079893 = Approx $2:00

For LTC -0.000226 = Approx $0.01

So you are literally burning 2 dollars each time you transfer your BTC from Coinbase to an exchange. Also LTC is much faster at this time than BTC, so you r deposit is confirmed in a few minutes most of the time

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from coinbase to GDAX is free. From GDAX to any other exchange is free.

I try to use LTC or DASH for any transactions now - fast and cheap

Clever! Thanks for the tip!

Very nice tip ..!!

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