Well I think when you factor in paying fees to transfer the coin to the exchange, then paying fees to swap the coin for BTC or ETH, etc., then trying to find a fair price for the new coin, then paying a withdraw fee for the new coin. All of this really adds up and is time consuming. I'd rather wait 5 minutes or less for a trade and pay 5%.
Well I think when you factor in paying fees to transfer the coin to the exchange, then paying fees to swap the coin for BTC or ETH, etc., then trying to find a fair price for the new coin, then paying a withdraw fee for the new coin. All of this really adds up and is time consuming. I'd rather wait 5 minutes or less for a trade and pay 5%.
Trading on Binance costs 0.2-0.3% fees (depending how many pairs you need) and can be done in 5 mins or less too
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Man if you need to contact me I am on steem chat as the.crypto.kid
Do you think if i get like 1000 Steem power in my account my post will do better?
Yeah, I think that would help. Steem power is basically the driving force behind Steem.