Post
Topic
Board Bitcoin Discussion
Re: Is it cheaper to send Bitcoin or Ethereum directly?
by
examplens
on 06/11/2022, 09:15:57 UTC
Definitely Ethereum still but not for ERC20 tokens.

Eth gas fees were ($0.9187) and BTC gas fees were ($1.450) today.

Thanks.

Can anyone else agree or disagree?

This is false.

Bitcoin is cheaper.

As Stalker22 said  , a transaction can now be confirmed within 10 minutes, one block, for $ 0.03

Ethereum is now less decentralized as before  to become cheaper..  but it is still about 30x more expansive than btc, which more decentralized.

now that most erc20 tokens dead are in hibernation, it became potentially comparable. hence this kind of discussion and comparison.

Then why are all the sites showing Bitcoin costs $1-$3 to send. Cashapp for example hovers around $2 to get a 10 minute transaction, or $1 for a 2 hour transaction. Coinbase is a bit cheaper usually hovering around $1

Since when can you send BTC for 3 cents?

I regularly send it with a fee under $1 from my Trezor wallet. it could be less if I do not want an instant transaction.