Hey guys,
I have many friends who asked me why Bitcoin takes so long to arrive and why they can't use their Bitcoin directly after sending them from exchange A to B.
Well easy reply as everyone knows : the Bitcoin Core is saturated and slow AF and you paid a F lot of money for nothing.
From the beginning that I started to trade, I was always looking for the cheapest and fastest coins to send to play on different exchange.
And this is a game changer. Instead of paying high fees to receive your Bitcoin in 6 hours or more, you pay few cents and receive your coins after few seconds/minutes.
One thing to check it out also is the withdrawal fees as they could be some times expensive.
One coin that I like to send and that I use most of the time is Ripple.
I use Bitshares too (but not on all exchanges). There are others options like Verge and Cardano that are cheap and fast.
Here how it works :
- With your Bitcoin, instead of sending them straight away, buy any of the coins mentioned
- Withdraw them to the exchange you want to trade with
- Once the coins are deposited into the exchange, you just need to sell them back to BTC
- Here we go, you have your BTC available to trade and you avoid high fees and slow confirmations.
If you have other coins that do the job let me know =)