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
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 ..!!
This post has been ranked within the top 25 most undervalued posts in the first half of Jul 10. We estimate that this post is undervalued by $30.20 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Jul 10 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.
If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.