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-   -   Why do crypto exchanges always charge more... (https://gfy.com/showthread.php?t=1375239)

adultinnovation 05-07-2024 11:25 AM

Why do crypto exchanges always charge more...
 
than what the actual value is ?


https://i.postimg.cc/g0VSSwh4/yoyo.jpg

mechanicvirus 05-07-2024 11:25 AM

How come it's traded in fiat?

adultinnovation 05-07-2024 11:26 AM

I don't drive a Fiat

Emil 05-07-2024 12:58 PM

Have you bought retarded recently?

adultbizwork 05-07-2024 04:05 PM

It's called "FEES". And on crypto they are completely insane.

For example to buy 100 USDT, you need to spend 110 USD. Crazy.

jscott 05-07-2024 09:36 PM

Why is gold traded in fiat?

Why are shares traded in fiat?

Why are other assets, commodities, etc traded in legal tender fiat?

Bitcoin haters have the dumbest questions. They refuse to use common sense or research it for just 3 minutes :clown

Emil 05-08-2024 10:58 AM

Quote:

Originally Posted by jscott (Post 23261296)
Why is gold traded in fiat?

Why are shares traded in fiat?


What do you mean? You're the one making the decision if you want to buy physical gold or "paper gold"....

mechanicvirus 05-08-2024 11:31 AM

Why do people trade BTC for USD?

Emil 05-08-2024 05:12 PM

Am i retarded? (Probably)

If you try to make money... What the fuck is wrong with some of you? But low, sell high?

jscott 05-10-2024 03:45 AM

Quote:

Originally Posted by Emil (Post 23261496)
What do you mean? You're the one making the decision if you want to buy physical gold or "paper gold"....

I wasn't referring to you. But you're right, you can choose to buy/sell gold or paper gold with fiat, and Bitcoin is no different.

fris 05-11-2024 06:40 AM

Quote:

Originally Posted by adultinnovation (Post 23261077)
than what the actual value is ?


https://i.postimg.cc/g0VSSwh4/yoyo.jpg

network fees, wait a bit and send later, i know a few weeks ago, to send $10 in crypto the fees were over $60 just for $10.

sandman! 05-11-2024 08:33 AM

they do need to make $$$$ also.

jscott 05-11-2024 10:23 AM

Quote:

Originally Posted by sandman! (Post 23262490)
they do need to make $$$$ also.

Yup.

Wait til he learns how much extra $ you pay for buying physical gold. :helpme


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