What is this? [rant]

[libert19]

I have been leaning towards Polygon but I am having trouble finding robust exchanges for it besides Tradeogre.

Why don't you convert btc/doge to polygon via instant exchanges? What exactly is point of using cexes are tradeogre anyway?

Instant exchanges like what? Please enlighten me.

(If you are talking about something on Bestchange, they usually have a minimum exchange amount of $100 or something like that.)

There are plenty instant exchanges other than bestchange with lower minimum transaction amount. For example, on Stealthex (https://stealthex.io/) — minimum is $18 worth $DOGE to swap to polygon $MATIC (https://talkimg.com/image/c39Ea).

Plus, once you get on polygon (or any other cheap evm like optimism/arbitrum), it's easier to move between evm chains without paying much fees, and as I see from screenshot given in op, there are 0 fees when paying via usdc on base, so you move from polygon to base and do transactions with base usdc and take advantage of this coinbase offer, though base feess are negligible anyway.

Again, I don't really understand how moving tokens between evm changes will not occur a huge gas penalty.

Get $MATIC on polygon and bridge to base $USDC using Jumper bridge (https://jumper.exchange) and tell me how much it costs you.

Maybe it's because I come from a bitcoin background but from my limited experience with ETH, I had to pay gas fees to exchange tokens. On a previous order from Porkbun, that is how I lost almost $100 in gas fees over three transactions.

That's probably right.

[NotATether]

Plus, once you get on polygon (or any other cheap evm like optimism/arbitrum), it's easier to move between evm chains without paying much fees, and as I see from screenshot given in op, there are 0 fees when paying via usdc on base, so you move from polygon to base and do transactions with base usdc and take advantage of this coinbase offer, though base feess are negligible anyway.

Again, I don't really understand how moving tokens between evm changes will not occur a huge gas penalty.

Get $MATIC on polygon and bridge to base $USDC using Jumper bridge (https://jumper.exchange) and tell me how much it costs you.

OK, so it's actually USDC running on the Base network, got it. That makes sense now. I thought you were talking about USDC running on an ERC-20 contract.

I still wonder what use there's going to be for Ethereum tokens if people can just bridge them to networks that have lower fees on them.

[libert19]

I still wonder what use there's going to be for Ethereum tokens if people can just bridge them to networks that have lower fees on them.

True, don't see much use of ethereum tokens since one can use same on cheaper evm chains but for Ethereum as a chain it has it's use because all these layer 2s including base batch collect and then settle transactions on ethereum mainnet.

[Zed0X]

~
Unfortunately, Bitcoin is not accepted here (yet), it used to be but customer support told me they will work on adding the other cryptos at another time.

So they probably removed BTC payments because of the high transaction fees but they kept ETH that has the same problem Maybe because there are cheaper options for ETH (L2)? You might as well inform CS about Lightning and Liquid.

[NotATether]

~
Unfortunately, Bitcoin is not accepted here (yet), it used to be but customer support told me they will work on adding the other cryptos at another time.

So they probably removed BTC payments because of the high transaction fees but they kept ETH that has the same problem Maybe because there are cheaper options for ETH (L2)? You might as well inform CS about Lightning and Liquid.

The issue is on Coinbase's side - they are the ones who removed the Bitcoin payment support since I clearly remember paying with it before on Coinbase Commerce.

They did do a press release saying that they'd accept Lightning Network though. Although, that would mean I would have to find a good LN wallet to use - as I'm not going to run my own node again.

[bitmover]

They want me to pay $20 in ETH transaction fees to pay an invoice of 6 dollars!

What is this, free candy for validators? No thank you.

The alternative is to pay in Base or Polygon networks, but my exchange order for BTC => MATIC is stuck in traffic.

Unfortunately, Bitcoin is not accepted here (yet), it used to be but customer support told me they will work on adding the other cryptos at another time.

Transfering erc20 is more expensive than transferring eth. Maybe if you could pay in Ethereum   it would be cheaper.or some other l2, like Base which is suggested.

The problem with all those l2 is that bridging is expensive too..

[libert19]

The problem with all those l2 is that bridging is expensive too..

No, it's not. Have already mentioned about it above. All you need is a coin/token on cheaper network/chain and move to cheaper L2s from there, instead of going through ethereum which tend to expensive.

For example, use stealthex (https://stealthex.io), convert from dogecoin (which is cheap to use) to eth on cheaper l2 like base/arbitrum/optimism/polygon/etc. Convert to eth cause otherwise you will be stuck if you don't have eth to pay for gas fee.

If you have already got funds on cheaper l2 then can bridge from there too, using bridge such as jumper (https://jumper.exchange). Bridging between l2s is convenient and cheap.