Coinbase network fee for transfer to blockchain. 20%??!!?

[snider]

Does a regular wallet like airbitz work to transfer ethereum and litecoin too

[Optional]

Does a regular wallet like airbitz work to transfer ethereum and litecoin too

Airbitz is Bitcoin only

There is a loooong list of wallets showing what each supports here: https://www.cryptocompare.com/wallets/#/overview

[mrpapageorgio]

Litecoin had a $7 miners fee? I thought it was just cents.

Man, that means Litecoin is useless for micro transactions too. :\

If he sent it directly from Coinbase, that's the problem, they inflate the miner's fee more than a hot air balloon.

[Venom72]

I just started using litecoin because of the insane bitcoin fees, cost me .37 cents to send from coinbase, will be using it from now on

[TheMoneyShot]

I just started using litecoin because of the insane bitcoin fees, cost me .37 cents to send from coinbase, will be using it from now on

But sending to a sportsbook..... some sportsbooks charge a flat $30.00 processing fee back to Bitcoin. Just giving you the heads up.

[Venom72]

But sending to a sportsbook..... some sportsbooks charge a flat $30.00 processing fee back to Bitcoin. Just giving you the heads up.

I only use betonline and they dont charge anything

[Optional]

I just started using litecoin because of the insane bitcoin fees, cost me .37 cents to send from coinbase, will be using it from now on

That's more like what I expected.

I guess the $7 person was not talking about miner fees.

I only use betonline and they dont charge anything

Do you end up with exactly what you expect once credited? Or is there some variance?

[DwightShrute]

Here's how to deal with those terribly high Bitcoin transaction fees

http://mashable.com/2017/08/28/bitcoin-transaction-fees/#H4ObJyo_MkqM

Sounds like help is coming but its slow.

[Venom72]

That's more like what I expected.

I guess the $7 person was not talking about miner fees.



Do you end up with exactly what you expect once credited? Or is there some variance?

With bitcoin it varied sometimes it'd be off by a dollar at most, ive done two litecoin transactions and ive gotten the the exact amount i sent

[Optional]

With bitcoin it varied sometimes it'd be off by a dollar at most, ive done two litecoin transactions and ive gotten the the exact amount i sent

Very nice.

[mrpapageorgio]

That's more like what I expected.

I guess the $7 person was not talking about miner fees.



Do you end up with exactly what you expect once credited? Or is there some variance?

Maybe the LTC he had dropped by $7 in value in between when he bought and it hit the book if it was during a volatile time.

[Razorbacks1]

That’s probably what happened. The 15 minutes was CB to loaf to book, but it took an hour for BOL to credit. Bottom line the fees and time with Litecoin was lightning quick compared to Bitcoin these days.

[chico2663]

Many alt coins cost under 1 cent to send and do it reliably within minutes.

Just need an easy and direct way for bettors AND books and their payment processors to buy/sell/manage risk the way it can be done with Bitcoin now.

BitcoinCash or Litecoin appear to be best placed to provide this first to me.

I sold 10 lite coins the other day and coinbase charged me 54. But seeing i bought them at 27 a piece and sold at 354 i just said ok.

[mrpapageorgio]

I sold 10 lite coins the other day and coinbase charged me 54. But seeing i bought them at 27 a piece and sold at 354 i just said ok.

Future reference, sell them through GDAX, much cheaper if you do a market order at .25% and 0% if you do it as a limit order (can be more of a pain if the price is volatile that day though making setting the limit price difficult).

[Optional]

I sold 10 lite coins the other day and coinbase charged me 54. But seeing i bought them at 27 a piece and sold at 354 i just said ok.

1.5% is not terrible for a full service retail exchanger I don't think. Not too bad for the convenience