Coins Best For Moving Funds Across Different Platforms

in #cryptocurrency7 years ago


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  You have to pay fee to the miners for the bitcoin transaction and as the difficulty and the price of bitcoin both are increasing so there is an increase in the fee. There is another issue attached with the bitcoin transaction and that is the time it take to complete. For the faster transaction you can pay more fee to the miner but still it will take more time than it use to take in the starting.

CryptoCurrencies Best Suited For Funds Transfer

  To avoid both these issues most of the trader who like to move their funds among different exchanges use different coins just for withdraw purpose. Coins that are used as alternative for bitcoin should be available on most of the platforms and they should have some rank among the coins. Best suited coin for this purpose was Doge coin and NEO but doge some time looses its value very quickly. If you are going to avoid miner's fees you could even loose more if they worth a large amount in USD. The main aim of traders is to make fast transactions and that's why NEO is becoming more popular for this purpose. Some Other coins like steem and sbd can also be use for this purpose as the transactin of steem is also instant and its value is somewhat more stable than others. There are more coins which can be used for this purpose and they are also gaining popularity in the market.