Post
Topic
Board Beginners & Help
Re: Spending extra to keep my assets out of trouble
by
Lucius
on 23/03/2024, 15:34:02 UTC
~snip~
It's called safety practice, yeah I spend gas fees three times, $7 for moving the old token to another wallet address roughly $10 for the swap, and another $7 to send back into the hardware wallet.
It's a $24 thats well spent because my hardware wallet consists of many assets that are way higher than $24 in total value.


And then someone complains that Bitcoin on-chain transactions are expensive Roll Eyes

I agree that it is good to remove any risk when it comes to hardware wallets, but it is obviously not the cheapest practice, especially if someone has more tokens with which they want to perform such "acrobatics". I honestly did not know that gas fees are more expensive than a liter of fuel at a gas station Shocked