BTC transaction fees are much higher than LTC bro. Though I'm amazed LTC are that high. If you send $100 worth of BTC right now your fee may be $45 of that so you only get $55. If you sent $100 of LTC right now you get to keep $98 or so of that as the fee is around $2. Still a high fee but much lower than BTC.
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Well, I was basing it on the amount of Bitcoin taken for a fee vs. the amount of LTC taken. If I understand right, the transaction fees are a much higher fraction of the currency for LTC than for BTC If Litecoin was the same price as Bitcoin right now, then I think Litecoin's transaction fees would be much higher than Bitcoin in terms of dollars.
But yeah, I remember seeing someone on here saying BTC fees were currently as high as 50 dollars which is extremely high. It makes it not worth cashing out of any unless it's a large amount.
Yeah, I guess currently Litecoin's fees in USD are actually lower than what I had said because I was basing it on a 300 dollar price, and it's currently under that.
Ya I mean if a coin is priced at $1 per coin but the fees are $0.70 you're losing 70% of your money in fees..so what matters is percent lost for an equivalent dollars worth of coins.