Bittrex is my favorite crytocurrency exchange and I use bittrex everyday for trading and I've made some good money from it.
I always don't pay attention to withdrawal fees whenever I'm taking money out of bittrex, but somehow I decided to check the charge and I noticed I was charged $6 for a withdrawal of $30 I wanted to make.
I wanted to be sure about my calculations, so I went to blockchain app to see if 0.001 BTC was actually $6 and it was really $6.
I understand the reason for the fee, they need to pay for this or that, pay workers. But will this centralized cryptocurrency exchange stand the rise of decentralized exchanges? Just a question.
I decided to send money from my other blockchain account to compare the fees and the fee here was very little compared to bittrex.
This why I love bitshares, bitshares shares 80% of all transaction fees back to me. Click here to read about bitshares and how you can make money with it. For those that prefer watching videos , you can watch the video below by David Hay
BitShare’s is a decentralized exchange platform that can be used to launch Decentralized Autonomous Companies (DACs) which issue shares, produce profits and distribute dividens to shareholders.
High performance block chain technology
It is designed from the ground up to handle 100,000 per second compared to bitcoins 6
Industrial scalability that can rival visa and mastercard
1 second confirmation times changes the types of transaction that can be completed
Decentralized asset exchange you can change assets like USD, GLD, Bitshares without using a 3rd party
Parameters set by committee so it’s able to change things like blocksize quickly
this other video explains how you can make money with bitshares
Video source: bitshares tv
I really love the fact that bitshares is decentralized and also can be used as a wallet. Click here to register on bitshares because bitshares shares 80% of all your transaction fees and transaction fees of referalls back to you.
I believe the future belongs to decentralized exchanges and because of that, I've paid for a lifetime account on bitshares and I'm looking forward to writing on some other DEX.
Thanks for reading. Please drop your thoughts and suggestions in the comment section.