Why so many people pay with ETH?

[TheSplinter]

I'm honestly wondering. The fees are just insane. I'm even scared to move the coin around. A few moves and i'm zero'd.

 

[Chris Newman]

If one needs to pay using crypto, then why pay using ETH (high fees) ? Just have an account in Binance and convert ETH to USDT and pay using USDT TRC20 or convert to LTC or TRX and pay using LTC or TRX, or any other coin available on TRC20 network (low fees).

 

[TheSplinter]

If one needs to pay using crypto, then why pay using ETH (high fees) ? Just have an account in Binance and convert ETH to USDT and pay using USDT TRC20 or convert to LTC or TRX and pay using LTC or TRX, or any other coin available on TRC20 network (low fees).

Well, you pay for converting too.

 

[TheToolbox]

Well, you pay for converting too.

no on binance the converting fees are zero.

 

[TheSplinter]

no on binance the converting fees are zero.

Yeah, but on metamask it just asked me for $8 to convert.

I don't think it's a good idea to keep your coins on exchanges. It's theirs and they can just come up with any BS excuse to steal it from you. It's similar to having money on paypal.

 

[TheToolbox]

Yeah, but on metamask it just asked me for $8 to convert.

I don't think it's a good idea to keep your coins on exchanges. It's theirs and they can just come up with any BS excuse to steal it from you. It's similar to having money on paypal.

oh, ok then it is not worth.

 

[Nikolaos]

oh, ok then it is not worth.

What is not worth?

 

[Elysional]

integrate cold wallet with binance
I receive more than 150 payments a day and I have rarely come across anyone who pays with ETH.

 

[terry314]

integrate cold wallet with binance
I receive more than 150 payments a day and I have rarely come across anyone who pays with ETH.

Can you dm me ! i want to ask you something about this post!

 

[NYC47]

what are you guys opinion on solana? as of now ? anybody invested in the solana ecosystem?

 

[coolMalik1]

I'm honestly wondering. The fees are just insane. I'm even scared to move the coin around. A few moves and i'm zero'd.

what do you mean if you transfer between wallets there are not much gas fees! ( I think so if you have different experience, share please so we can learn)

 

[dhio21]

No one use eth for payment , too much gas must paying

 

[Lastchance55]

If one needs to pay using crypto, then why pay using ETH (high fees) ? Just have an account in Binance and convert ETH to USDT and pay using USDT TRC20 or convert to LTC or TRX and pay using LTC or TRX, or any other coin available on TRC20 network (low fees).

On top of it, if both buyer and seller are using binance which is usually the case, they can use Binance pay id. No need to convert and best part, it is 100% free.

 

[achiever2011]

I'm honestly wondering. The fees are just insane. I'm even scared to move the coin around. A few moves and i'm zero'd.

It is second coin based on market cap and thus it is popular.

 

[averjr]

no on binance the converting fees are zero.

Really? Sometimes I feel cheated. They deduct like super minimal amount.

 

[olavivo]

usdt looks very much stable.

 

[paisawaisa]

Many of my clients pay me in crypto but no one offered to pay in it. So it is not that much popular as you think.

 

[onlinemarketer12]

I'm honestly wondering. The fees are just insane. I'm even scared to move the coin around. A few moves and i'm zero'd.

Yes, the fees in transferring ETH is very high. I also avoid it unless the seller strictly demands this coin.

 

[ArtursLALKA]

ETH is trying to rip you off all the time and you have to use goddamn gas tracker so you wouldn't have to pay them a fee. It sucks. Solana is perfect for DeFi because their commission is cheap

 

[chockfactor]

Lol one of the reasons I hate eth and the hardcore eth fan boys. I'd love to see another crypto flip it(not cardano or some shit that's basically the current system again).