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Author Topic: Suggestions on altcoin with low transaction fees?  (Read 604 times)

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Suggestions on altcoin with low transaction fees?
« on: December 26, 2023, 03:09:46 AM »
There have been slight increases in Bitcoin transaction fees recently. Ethereum has consistently experienced similar issue, which doesn't make much of a difference. I would like to know about other altcoins with low transaction fees.
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Suggestions on altcoin with low transaction fees?
« on: December 26, 2023, 03:09:46 AM »

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Re: Suggestions on altcoin with low transaction fees?
« Reply #1 on: December 27, 2023, 01:37:53 AM »
Yeah Btc transaction fees have increased due to the mempool been congested so miners would prefer to confirm transactions with an higher fees. Now back to the topic There are actually various types of well known altcoins with low transactions  fees  :)
These Altcoins includes:

Stellar also known as ( XLM), NANO, Litcoin (LTC),  Cardano (ADA) and TRON (TRX) etc.

All those coins listed above have low transactions fees and are also fast in transactions. Now it is up to you to make yah choice :D
« Last Edit: December 27, 2023, 01:40:36 AM by Thyplaymaker »

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Re: Suggestions on altcoin with low transaction fees?
« Reply #2 on: December 27, 2023, 08:52:06 PM »
Litecoin is for sure for sometime now being part of that altcoins that have very low transaction fee,things will not change with SafeBlast either.BNB coin is also the same situation with it ,low fee.

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Re: Suggestions on altcoin with low transaction fees?
« Reply #3 on: December 28, 2023, 09:46:32 PM »
I would say Bitcoin cash if you finding a coin you can transfer to your wallet to hold while looking forward to ETF approval since its performance is most times related to BTC.
Others have already been mentioned by other users already. Maybe USDT too, easy to convert to other coins.

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Re: Suggestions on altcoin with low transaction fees?
« Reply #4 on: January 02, 2024, 11:20:10 AM »
XRP is one of the popular altcoins used for transferring funds from exchanges or personal wallets. If you have an issue with it since it has become controversial and still has a pending case, then another suggestion would be Doge. You just have to check from time to time because there are instances when it also experiences network traffic. Here's a link if you want to monitor and compare with other cheap alternatives like LTC https://blockchair.com/dogecoin/charts/average-transaction-fee-usd

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Re: Suggestions on altcoin with low transaction fees?
« Reply #5 on: January 02, 2024, 09:49:21 PM »
There are many options in which altcoins have low withdrawal or transaction fees if this is not for transferring funds from exchange to exchange I suggest use Dogecoin.
Almost all exchanges support this coin but if you want to transfer coins/tokens from exchange to exchange I suggest check the exchange they should have a list of coins/token fees sample Binance link below and then search to any coins with low fees that also support to other exchange.

- Binance.com/en/fee/cryptoFee
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Re: Suggestions on altcoin with low transaction fees?
« Reply #6 on: January 03, 2024, 12:25:24 PM »
There have been slight increases in Bitcoin transaction fees recently. Ethereum has consistently experienced similar issue, which doesn't make much of a difference. I would like to know about other altcoins with low transaction fees.
I think that best alternative with low transaction fees is monero, and you are going to have additional benefit of much better privacy than with bitcoin.
It's easy to do atomic swap and exchange bitcoin to monero and vice versa, and you don't even have to use centralized exchanges for that.
Good about monero is that it is decentralized, unlike most of other altcoins.

You might want to check this website for fees:
https://withdrawalfees.com/
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Re: Suggestions on altcoin with low transaction fees?
« Reply #6 on: January 03, 2024, 12:25:24 PM »


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Re: Suggestions on altcoin with low transaction fees?
« Reply #7 on: January 07, 2024, 06:58:14 PM »
There have been slight increases in Bitcoin transaction fees recently. Ethereum has consistently experienced similar issue, which doesn't make much of a difference. I would like to know about other altcoins with low transaction fees.

I happen to be an entrepreneur, and in my established business, I accept Bitcoin and a few other cryptocurrencies as a means of payment. Bitcoin transaction fees have been a mess in the past few months because of the congestion in the mempool that has arisen due to the case of the ordinals. Other cryptos I accept include Litecoin, BNB, Doge, Matic, and Tron. These few alt coins that I mentioned have a very low and fair transaction fee.

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Re: Suggestions on altcoin with low transaction fees?
« Reply #8 on: January 10, 2024, 05:05:09 AM »
Other cryptos I accept include Litecoin, BNB, Doge, Matic, and Tron. These few alt coins that I mentioned have a very low and fair transaction fee.
Altcoins are good for your transactions if those transaction values are small. If you want to move a transaction with big value, use Bitcoin. It's a safest, most secure blockchain for big fund movement.

Smart contract altcoins are more risky than Proof of Work altcoins because compromise can happen with smart contracts more easily than attack a Proof of Work network.

About PoW network, you can use this https://howmanyconfs.com/ for estimation of how many PoW altcoin confirmations are equivalent tô Bitcoin confirmations.

About Bitcoin network and recommended confirmations for your transactions, see
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Re: Suggestions on altcoin with low transaction fees?
« Reply #9 on: January 10, 2024, 09:28:56 AM »
I would say Bitcoin cash if you finding a coin you can transfer to your wallet to hold while looking forward to ETF approval since its performance is most times related to BTC.
Others have already been mentioned by other users already. Maybe USDT too, easy to convert to other coins.

USDT and other stable coin is fine option, although make sure you sue those stable coin on network which has low transaction fee. For example, you probably want to avoid using USDT on ETH or Omni (BTC) network.
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Offline jeraldskie11

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Re: Suggestions on altcoin with low transaction fees?
« Reply #10 on: January 10, 2024, 12:18:07 PM »
There have been slight increases in Bitcoin transaction fees recently. Ethereum has consistently experienced similar issue, which doesn't make much of a difference. I would like to know about other altcoins with low transaction fees.
Even though the Bitcoin network will go back to normal, most of us can't still afford the fee. As alternative, I use XRP if I'm going to withdraw some funds because not only you will get a lower fee but a also a fast transaction.

But if you are going to just hodl BTC and only want to take some of your funds if you badly need it or emergencies, then it would be better to use BSC network. You can't just hodl BTC but also can guarantee a lower fee.

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Re: Suggestions on altcoin with low transaction fees?
« Reply #11 on: January 10, 2024, 12:33:51 PM »
There have been slight increases in Bitcoin transaction fees recently. Ethereum has consistently experienced similar issue, which doesn't make much of a difference. I would like to know about other altcoins with low transaction fees.
You can use XRP or LTC for low transaction fees. I've been using it ever since if there's a surge in the price of Bitcoin transaction fees which is also the problem even before or if it takes a lot of time for Bitcoin transactions to have confirmations of transfer. Sometimes it takes a few days to confirm the transfer which is really frustrating.
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Re: Suggestions on altcoin with low transaction fees?
« Reply #12 on: January 10, 2024, 12:59:40 PM »
I found out that tron has become one of the worst altcoins for sending USDT, and I see people all the time asking for tron donation to sent their transactions.
Only way to use it with low fees if you stake large amounts of tron, do voting and bunch of other stuff, so I would just avoid that circus all together.
Instead of using altcoins and paying additional fee for buying them and exchanging from bitcoin, you can also use second layer solutions like Liquid network, or Lightning Network.
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Re: Suggestions on altcoin with low transaction fees?
« Reply #13 on: January 10, 2024, 02:31:53 PM »
There have been slight increases in Bitcoin transaction fees recently. Ethereum has consistently experienced similar issue, which doesn't make much of a difference. I would like to know about other altcoins with low transaction fees.
Most of the altcoins that are in the top 20 have low to very low transaction fees.

The last time I used Ethereum to transact was when I wanted to join an airdrop where I paid 6$ for a gas fee. Kind of high, but it's ok. I also used Cardano, and the fees are kind of low as well compared to both Bitcoin and Ethereum. Cosmos is mostly what I'm using to make transactions, and the gas fees are very low. IIRC, it's around a cent for every transaction or even lower.

Overall, many altcoins out of the top 20 or even the top 50 have low transaction fees because most of them prioritize low transaction fees over everything. :)

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Re: Suggestions on altcoin with low transaction fees?
« Reply #14 on: January 10, 2024, 02:52:08 PM »
There have been slight increases in Bitcoin transaction fees recently. Ethereum has consistently experienced similar issue, which doesn't make much of a difference. I would like to know about other altcoins with low transaction fees.
Many layer 1 and layer 2 altcoins have low transaction fees. Such as Tron Network, Waves, Celo, Avax, Arbitrum, Polygon and many more. Even those that are still in the same ecosystem as Bitcoin, such as BCH, also have low transaction fees. But that's in delivery between wallets. But for deliveries between Cex, I am most comfortable with Tron. Because the fees for almost all Cex are always the same if you use Tron, which is around 1 trx.

 

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