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$50 is for wire transfers, usually used for amounts above $1000. $35 for sender, $15 for receiver. The equivalent transaction costs would be $0.53- Bitcoin fee
by crazypython 5y ago
$50 is for wire transfers, usually used for amounts above $1000. $35 for sender, $15 for receiver.
The equivalent transaction costs would be $0.53- Bitcoin fees don’t increase if the amount is higher: https://mempool.space/ https://mempool.space/ (and it works on weekends and arrives in an hour)
If Bitcoin means “be your own bank,” Bitcoin is a decent bank. You can even get a trustless, psuedonymous Visa debit card with Lightning: https://paywithmoon.com https://paywithmoon.com