I decided to stop holding my crypto on binance and instead finally use software wallet. I created one on Exodus and was ready to send there my BTC. I just found out that every transfer has a 0.0004BTC (17$) fee.
I mean, I am okay with paying it now because i want to send all my BTC to the wallet. But let's say I want to invest 20$ every week to BTC. So in order to always hold my BTC on Exodus, that would mean i have to pay 0.0004BTC (17$) fee every transfer from Binance to Exodus. So by investing 20$ to BTC i will lose 17$ just by sending it to wallet.
Thats obviously non-sense to do.
So how do you do it? Do you buy the crypto, hold it on exchange such as Binance, Coinbase and after you hit a certain amount of $ you send it into wallet?
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments