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RE: A Word of Caution for Poloniex Users and Traders

in #cryptocurrency8 years ago

If the bitcoin miner fee is 0.004 BTC then yeah that is very expensive... that is almost $6 right now... bittrex is 0.001 which is $1.50 or more...

bittrex used to be 0.0002 and poloniex IS 0.0001 which is why a lot of us used it as that is only like a $0.15 fee, but 0.004 BTC fee is expensive...

Where was that? I won't be using anything that is that much I can spend a few minutes extra and use bittrex if I need to.

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On the link that @alex13 gave you https://info.shapeshift.io/about just scroll down a little bit and you will see a blue list and that's it

Yeah that is super expensive. That's the highest fee I've seen. It is 4x higher than bittrex. It is 40x higher than Poloniex.

I checked changelly.com and that looks to be slightly lower than bittrex, about 8.5 times more than poloniex. Bittrex is 10x more than poloniex.

So fees so far cheapest to highest:
Poloniex -> Changelly.com -> Bittrex -> Shapeshift.io

No clue what blocktrades fees are and that bothers me.