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RE: I just used Litecoin to buy some shit and it was pretty easy ... but the fees were exorbitant

in #cryptocurrency7 years ago

Since we’re earning week to week in crypto, it is good to not have to convert to fiat at all though.

I’m really looking forward to the new TenX card myself. I know that like here, the rates won’t be spot on, but it’ll still avoid fees and the multiple exchange method of withdrawing that I’m forced to go through now.

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Yeah withdrawing is definitely a bit of a process, but I've gotten spot or better the past couple of times I've withdrawn from Coinspot. So yeah will be interesting to see how this TenX card compares - a 7% premium on everything you do would add up pretty quickly - you'd be saving exactly 7% less ... perhaps more if it was easier to spend your crypto!

Who knows though, other side of the coin is I usually withdraw more than I need when I do actually do a withdrawal ...