Transaction fees- BTC Vs. BCH

in steemit •  6 years ago 

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The charts showing transaction fees difference between Bitcoin and Bitcoin Cash with amount ranging from 20 to 200 USD. It's really surprising


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@muncherelli True. BTC price is much higher than BCH and so the percentage fees

So what is better to trade with ?

BTC always. Bitcoin is the king.
But as you can see from the chart that BCH is more efficient than BTC for the transaction of amounts less than $200

Abyzee bhai pls follow :)

Sure. Done it.

all these coins took soo much high network fees because of mining, its better to go with NEO, its takes no fees

Ya, that's a really good option. Thanks for the suggession.

This is pretty typical for #btc and #bch. BTC is worth several times the amount of BCH. If BTC is used for smaller transactions, the % fee will be higher than it would be if you were transferring the same value in BCH.

Bitcoincash has really low transaction fees,but I always hold my in Bitcoin.Bitcoin is mother currency.

True. Bitcoin is the king of all.

there should be reduction in transction fees and time duration during which transaction is completed.

Yes

I think we should opt for other alternative coins which do not have transaction fees at all there are quite few of them

  ·  6 years ago (edited)

Agreed. Can you please suggest some?

Bitcoin mother currency but better to trade with ethereum and bitcoin cash to avoid large transactions fees like bitcoin

Bch is good but btc have worth