I just moved like $65 in USDC from Poloniex to Coinbase for…
I just moved like $65 in USDC from Poloniex to Coinbase for testing purposes.
The fee? Almost $1.
When Circle wakes up and realise they can offer micro transaction fees with USDC (on BSV) is the day it will explode and take over any other competitor.
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The actual fee on the network was "only" $0.11 according to the tx (I just checked), so there is a high markup from Poloniex.
On Bitcoin (BSV) the fee would be $0.0025 or less.
@255