Author Topic: Are we really getting the most of this technology?  (Read 18 times)

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Are we really getting the most of this technology?
« on: December 07, 2018, 03:16:07 PM »
When we speak about Bitcoins, most people use it because of less fee in terms of USD and for smaller transaction sizes, it'll be surely profitable, but when it comes to buy/sell spreads over centralized exchanges to redeem our fiat out of crypto, are we really getting what we should get? There are many users who don't do wire or any high-profile banking to save over fees, but is it really profitable at the receiver's end that when they try to sell over such exchanges, they get ~2 - 5% less based on the policy of the exchange and some based on users' rates (like localbitcoins)? When we receive money in crypto from our clients, should we really consider it a good deal (I know BTC value is volatile, but then, I'll need to wait for it to reach my expected value over sell side)?