Before you open this article, BTC, BCH, ETH, LTC, XRP, BTCP. Make your bet!
Hey guys,
Yesterday I moved money around using, BTC, BCH, ETH, LTC, XRP and even BTCP. So it was interesting to compare the speed of transaction and the transaction fees of them. That's my little crypto experience of the week.
If you had to do your bet? who won first
Here is the result for transaction fees, the winner will be the lower
| # | Cryptocurrencies | transaction fee |
|---|
| 1 | Ripple  | $0.01 USD |
| 2 | BCH  | $0.03 USD |
| 3 | BTCP  | $0.03 USD |
| 4 | LTC  | $0.55 USD |
| 5 | ETH  | $1.24 USD |
| 6 | BTC  | $3.25 USD |
So now it's easy to figure out, with which cryptocurrencies would you buy a coffee?
Now here are the result of transaction speed. Now somehow this is not totally accurate since transfer wasn't made from wallet to wallet but mostly from wallet to exchange, but still.
| # | Cryptocurrencies | Time to process and confirmed |
|---|
| 1 | Ripple | Less than 1 min |
| 2 | BCH | Less then 3 min |
| 3 | ETH | around 5 min |
| 4 | LTC | 7 min |
| 5 | BTC | 10 min |
| 6 | BTCP | 24h still not received 😂 |
So from there I will let you make up your mind on which currencies are the more convenient to use for the kind of transaction you are about to do.
