Bitcoin deposits fees

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Last post made 1 year ago by Stoggy87
Vanilipas
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  • Recently I started to deposit with bitcoin more and more often. It's fast and easy however I am tired to pay transactions fees all the time. It's not good if I want to make small deposit. Wallet I am using now ( Exodus) charging over 1 euro per transaction. But if I have in my transactions history pending transaction I need to pay over 4 euros. So bitcoin is most expensive deposit method. With my favorite skrill method I never pay any fees. 

    So my question is is it only my wallet charging fees? Do you know any crypto wallets which would not charge me at all? 

  • Bitcoin transactions usually involve a transaction or a network fee. This fee is variable and can fluctuate depending on the demand for bitcoin transactions on the network. I don't believe that there is a crypto wallet that is not charging any fee.

    Maybe our members know more about this, they'll join the discussion hopefully  thumbs_up

  • Yes you are paying a lot more fees doing it like that. You have three things hitting you for fees. Crypto on ramp (moon pay. Transact, simplex etc ) charging you five percent, then exodus gets a  little 1-4 percent fee for being the middle man Then btc transaction are usually 50 cents to a dollar. If your casino offers any crypto deposits besides Eth or btc use that. The easiest and lowest fees are ltc and bnb smart chain. Use what ever crypto exchange is best in your country. In USA it's Coinbase and crypto.org. You can also swap crypto for free on them. When I use the excanges for the crypto's I mentioned if I deposit 100.08 I will get an even 100 when it reaches casino

  • How quick is the turnaround time for BnB to get confirmed? 

  • Hi Peter,

    The confirmation time can vary depending on several factors, including the network's block time, transaction fee, network congestion, and the specific blockchain consensus algorithm. In most cases it takes 30-60 minutes.

  • One thing I hate with btc casinos is the fees sometimes drop you into different offer tier

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