Bitcoin is the crypto currency that I uses mist. But recently there transfer fee of bitcoin as increased a lot making transactions with bitcoin not comfortable.
That is very true, Bitcoin transaction fees is extremely high based on the excessive transactions going around its blockchain network. Lots of people tends to process their coins at once, that firms congestion and a workload to the miners. In order to Carey out the transactions smoothly and effectively higher gas fees need to be paid to encourage the miners around to facilitate its transactions. Since I've known that the transaction fees is high i choose to transact using XRP, Litecoin and Bitcoin cash etc. They have low transaction fees compared to Bitcoin's type.
Talking about ripple. I would advise you stop using ripple for now, for they are currently facing a case filed against them.
Nice suggestion dear, I will consider what you just told me whenever i fund my binance wallet for trading purposes. I will see what it will bring to me, if its lost or gain. Their is no harm in trials at all.
Yes of course. It is good to give it a try sometimes and see how it goes for you. Another way that you can try it out on a trial basis first is to make use of a simualtion account where you simulate a certain amoutn of funds, and you trade from those funds. This is a great teacher as well, and you are able to see if the trading strategy will work before you even invest any of your own funds or your own capital into it.
Trying out through demo account should be recommendable at least. It will help one to understand how the Cryptocurrency trading works. It will show one the basics to trade and master those Cryptocurrency pairs.
Which of the coins do you use more for transactions?. I will like to know about those coins cos am most keen about using just bitcoins and ethereum. I will like to know more how people are taking advantage of xrp low transaction fees.
I mostly use litecoin, bitcoin Cash and Binance coin for my transactions reason being that, they have very low gas fees.
For me, i always use bitcoin and Ethereum.
Okay, those coins you mentioned bare faster in transactions and also the gas fees are very low. It happens cos the coins are not on the excessive demand just lime Bitcoin and Ethereum coins.
Its not possible to lose coins in a transaction, unless you are trading with your coins. You don't lose money on transactions, unless you mistakenly transfered it to the wrong address or got charged high gas fees by Bitcoin and Ethereum. But that shouldn't make you lose more than you ought to lose.
