RE: High Fees a barrier for Bitcoin Adoption

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traders know how to mitigate their transaction fees

How do they do this?

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If we are moving BTC from one exchange wallet to another exchange wallet, we have to first purchase a low transaction fee coin like Hive or Trx or Doge etc move that to the other exchange wallet and exchange it back to BTC. By doing this we can save lots of money in transaction fees. Especially I find it very comfortable moving funds from one exchange to another exchange with Hive because the fees is only 0.01 Hive. If we are lucky this quick trade can also give us some profit.

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Oooo. That sounds a bit scary. What if I end up with a whole bunch of Hive or Trx or Doge and no BTC? 😂

Thanks for explaining it.

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I'd be very happy if I had a whole bunch of Hive, TRX or Doge and ZERO BTC. I find BTC coin useless as 99% of my transactions are under $10. Even my non crypto transaction are 90% under $40 each, so far in 2021 I've had less than 10 purchases over $40.

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