Xsjado

1 post

+2 votes

on DiamondExtracts 9.7/10

Competition Time :}

87 02/03/2026 Cheers big ears

3 posts

+6 votes

on cf420

Cheapest crypto exchange for sending money

This is true, I bought £120 worth of crypto on Coinbase.... Get Coinbase pro to waiver the buying fee and order from 7pm ISH to 9pm ISH and the transf… + 3 more

on cf420

Cheapest crypto exchange for sending money

I used to use Coinbase for buying stuff on littlebiggy but the fees have gone up from like £3 to like £30 just to transfer like £70 worth of crypto, so need to find a new one now. Am struggling a bit as the fees seem pretty high on the ones I’ve tried, have tried bitpay, kraken, Binance (can’t join anymore), crypto.com (app is broken).

Any help would be much appreciated

Thank you

S12345

I used coinbase yesterday and it cost around £8 on a £100 send to transaxe. Try sending outside of US trading hours.

There is a load of posts about people using more complicated platforms to alter their fee etc. but seems to lead to money getting stuck in the blockchain if you don’t know what you’re doing

Essemcee

There is another way to avoid buyer fee - transfer straight from bank into coinbase account. Buy USDC (as it is free) and use the free trade option to convert into bitcoin.

Essemcee

When fees are high wait until the weekend and order late in the morning (11am onwards) to ensure US BTC trading is at a minimum.
The fees we are seeing is due to the back ending of minting of tonnes of new ordinals and the much talked about return to the bull market soon after. There is alot of money going into crypto atm.
The sooner the Solana Based stablecoin option comes to LB the better for everybody.

tnicho

Have a look on the opportunities and initiatives section on the main menu,there's a few topics on building a new payment method

Essemcee

There isn't much to tell atm. There was a thread recently where it was announced (or claimed) that there are personnel working on this change. I don't have the thread saved, sorry.
We know very little else in regards to progress, timescale and whatnot.
I expect that we are probably looking in the medium term rather than short to have this option.
The current congestion will rise and fall a little in the coming months but the market is set to make new ceilings in the 2nd half of 2024 after the halving - October could see even bigger BTC fees than we have seen for the last 8 weeks.
I am hoping that we have an alternative option for payment by this point, but anybody's guess is as good as anybody esles at the moment.

thailandtony

It's down to the time rather than the method. Sunday 11am I paid only $12 for a $55 order, good I thought. Monday 5pm its was $32 fees. Savage.
This is through my Revolut account this week.