You are viewing a single comment's thread from:

RE: Sold a Car for STEEM!!! Anyone Accepting Steem as Payment?

in #steem6 years ago

BTC has slower transfer speeds then LTC and more fees typically. So I like to know when I purchase the coin I can move it fast and cheap then make the other trades before the market changes. That is why I use LTC over BTC.

Sort:  

I get the desire for speed, but fee-wise, there's no incoming transfer fee on BTC at bittrex, and coinbase is wonderful for having no outgoing fee. And you have to pay an extra fee on the btc:ltc conversion at bittrex, so that's why I don't use ltc. So... it's trading that fee for speed, I guess, yeah (I do prefer LTC to BTC, and wish I could make a direct LTC:STEEM conversion with low fees.

You have the miner fees on BTC on the transfer from coinbase to bittrex.

Even using pro.coinbase.com? I never noticed! I need to pay more careful attention!

coinbase can't control what the miners charge for recording the transaction. When the miner fees were crazy high is when I paid attention. Now it's habit to use LTC.

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.031
BTC 60913.22
ETH 2643.10
USDT 1.00
SBD 2.58