A week ago I tried to send $30 to a friend to try and get them started with Bitcoin, electrum told me that the transaction was going to cost around $15! I told them to go to Coinbase.
The transaction fees should be the same regardless of where the transaction is taking place, but you can change the price of the transaction in order to get it pushed through blockchain faster. Exchanges do have additional charges on top of that, and they fluctuate depending on the exchange.
I wasn't sending my friend to Coinbase because the transaction fees were cheaper, but sending them to Coinbase because they could get Bitcoin and store it in the Coinbase wallet and (I believe) not have to deal with any transaction fees if they left it stored in the Coinbase wallet.
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A week ago I tried to send $30 to a friend to try and get them started with Bitcoin, electrum told me that the transaction was going to cost around $15! I told them to go to Coinbase.
I think the fees are the same regardless of the exchange, Coinbase is high too. I think that's how it works, some coins have smaller fees too.
The transaction fees should be the same regardless of where the transaction is taking place, but you can change the price of the transaction in order to get it pushed through blockchain faster. Exchanges do have additional charges on top of that, and they fluctuate depending on the exchange.
I wasn't sending my friend to Coinbase because the transaction fees were cheaper, but sending them to Coinbase because they could get Bitcoin and store it in the Coinbase wallet and (I believe) not have to deal with any transaction fees if they left it stored in the Coinbase wallet.
Congratulations @hulkhogan! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
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STOP