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RE: The Bitcoin Vs. Bitcoin Cash Debacle - Jeff Berwick on World Alternative Media

in #jeff7 years ago

I definitely think other coins have much better technologies and fees and deserve to be #1 instead of BTC. However, I used BTC today through the JAX wallet with a transaction fee of 47 cents and it got 6+ confirmations in less than an hour. exchanges and other companies just rip people off with those insanely high fees. They might pay that to process a ton of withdrawals in one transaction, but they make each user pay the withdrawal fee, which is just bullshit.

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may be some wallet provides low fees.
my exp was with bittrex blockchain etc.

Bittrex has ridiculously high withdrawal fees for most currencies, well above what they actually pay for a transaction. I really don't like this about them. For some currencies they charge you more than 20 times what the transaction actually costs. They are OK otherwise.

right. Thanks for info :)

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