03-03-2021, 01:43 AM
How I learned to never move around Bitcoin, ever
<!-- SC_OFF --><div class="md"><p>I'm fairly new to Crypto, and usually when I want to move stuff around a bit, I convert it to Litecoin. But today I thought: meeeh, why pay the conversion fee? Just send the BTC directly. Didn't really pay much attention to the fees (they were displayed in BTC), so I thought 0.001 BTC were 0.0001BTC instead (at a glance). clicked okay and was like: "Huh? Wait, that's not what I sent. Where's the rest?"</p> <p>It took me a while to realize, that trying to move 100€ worth of BTC around just cost me 50€ in fees.</p> <p>Well, today I learned not to ever send BTC around as BTC and rather pay conversion fees 2 times. Just wanted to share my incredible stupidity in order to cope with it.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Dsingis"> /u/Dsingis </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lvqp00/how_i_learned_to_never_move_around_bitcoin_ever/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lvqp00/how_i_learned_to_never_move_around_bitcoin_ever/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I'm fairly new to Crypto, and usually when I want to move stuff around a bit, I convert it to Litecoin. But today I thought: meeeh, why pay the conversion fee? Just send the BTC directly. Didn't really pay much attention to the fees (they were displayed in BTC), so I thought 0.001 BTC were 0.0001BTC instead (at a glance). clicked okay and was like: "Huh? Wait, that's not what I sent. Where's the rest?"</p> <p>It took me a while to realize, that trying to move 100€ worth of BTC around just cost me 50€ in fees.</p> <p>Well, today I learned not to ever send BTC around as BTC and rather pay conversion fees 2 times. Just wanted to share my incredible stupidity in order to cope with it.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Dsingis"> /u/Dsingis </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lvqp00/how_i_learned_to_never_move_around_bitcoin_ever/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lvqp00/how_i_learned_to_never_move_around_bitcoin_ever/">[comments]</a></span>Kind Regards R