I have btc on Electrum mobile wallet.
I want to buy a hat using crypto from an online vendor.
Vendor accepts several crypto currencies.
It's a one time purchase.
I don't want to spent more than 20 cents in transaction fees.
I want the transaction confirmed within a couple of hours.
What are my options?
I thought of Lightning but that is still going to cost me a lot in transaction fees when opening a channel. And since this is a one time purchase, it defeats its purpose because, well, might as well just directly purchase using btc.
So...what can I do?
I myself am shocked by such commissions, and I don’t see any solutions to reduce commissions. The rate of commissions was declining, but yesterday they increased by 270 percent.
All my earnings come to Trust Wallet, and once upon a time it was possible to make a swap on it for other tokens, but now this cannot be done - and there is only Bitcoin.
Reducing the commission is a bad option, because in the past my transaction with a reduced commission was stuck for five days, after which I still didn’t understand whether it went further or returned.
Someone may suggest Transaction accelerators do not provide any guarantees, but my friends told me that they could not get any effect from these services.