Platform charges. Anyone stand out on top.

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Whiynot20026

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So getting ready to make a group purchase. Fairly large. Let’s just say we are klowing with excitement. Last time I did a fairly large TRC20 send it was about 7% transfer fees. Can someone share if they have a wallet that charges low fees. Or are they all the same in charges.

Bill
 
Whiynot20026 said:
So getting ready to make a group purchase. Fairly large. Let’s just say we are klowing with excitement. Last time I did a fairly large TRC20 send it was about 7% transfer fees. Can someone share if they have a wallet that charges low fees. Or are they all the same in charges.

Bill
Does your vendor only accept payment on TRC-20? I've been avoiding adding a third crypto for gas so not familiar with Tron fees.

My transfer fees have always been trivial on ERC-20 and Sol. Biggest expense is the fee and spread for crypto purchase which is usually 2% or less.
 
Whiynot20026 said:
So getting ready to make a group purchase. Fairly large. Let’s just say we are klowing with excitement. Last time I did a fairly large TRC20 send it was about 7% transfer fees. Can someone share if they have a wallet that charges low fees. Or are they all the same in charges.

Bill
I use a wallet that charges no platform fees. It’s called a personal wallet and you should get your own and run it on your pc

You should only be using a crypto platform to purchase your crypto and send it to your personal wallet

purchasing usdt on kraken was a withdraw fee of 0.10$. If you transact over the solana or etherium network the network gas cost for the transaction is very minor

https://support.kraken.com/articles/360000767986-cryptocurrency-withdrawal-fees-and-minimums

Here’s the idea op…

0. Download a wallet for your chosen crypto on your pc

1. go to a platform that doesn’t rip you off with fees, so avoid non crypto platforms like PayPal Cash App etc, buy a chunk of crypto

2. Transfer it to your personal wallet

3. Make all transactions from your personal wallet
 
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