Post
Topic
Board Altcoin Discussion
Re: Have we overlooked the many potentials of altcoins?
by
Wahyuihib
on 29/12/2023, 00:37:26 UTC
A lot of times we have been down so much away from the role altcoins play in the cryptocurrency industry,  because there is no doubt the fact that many times,  we have come face to face with issues and challenges that make us to look for an alternatives,  and which is the reason for altcoins creations already,  such as fees,  congestion and speeds.

These have been most of the challenges that we face in the cryptocurrency industry with majority of the time our preferred coin may face network issues and we need to look for alternatives,  this has made it very important for us to discuss the best possible means to make use of altcoins as alternatives when there be network crisis.

What are the best coins to use at a time when there is network congestion in the main meme pool?
I always choose the lowest cost network but also with fast delivery and confirmation times. such as Trx, Arb and bnb. Avax is also quite fast in processing transactions. Shipping and withdrawal fees are also quite cheap. So I often use this alternative. Bitcoin network congestion continues. So for sending between exchanges and also from wallet to wallet, we will prefer to use altcoins.

Trx has actually become a choice for many people, including me. But currently I use arb and BNB much more often.

yes.  Correct.  because costs and speed have an influence on the transaction process.  I also often use the bnb network in sending to other exchanges.  but it also depends on the circumstances.  that is, I have the cheapest network when I am making the transaction