Gotta say, that 1.5% fee actually looks reasonable when you stack it against traditional payment rails. Credit cards and digital wallets? You're looking at 2.9% plus thirty cents per transaction. ACH transfers come in lower at 0.8%, sure. But those buy-now-pay-later services? They'll hit you with a brutal 6% plus fees.
Here's the thing though - none of these really compete with straight blockchain transfers. Moving value onchain still beats every single one of these options on cost. Makes you wonder why we're still paying premium rates for intermediaries when the tech for peer-to-peer settlement already exists.
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ser_aped.eth
· 12-09 19:37
To be honest, on-chain transfers should have become widespread a long time ago. Still using intermediaries is really a big loss.
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rugpull_ptsd
· 12-09 19:29
On-chain transfers are truly incredible; these middlemen's fees can't even compare.
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EntryPositionAnalyst
· 12-09 19:29
On-chain settlement is truly amazing. Why do people still use intermediaries?
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BridgeTrustFund
· 12-09 19:28
On-chain transfers are truly amazing; those old-fashioned intermediary fees should be a thing of the past.
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GasFeeNightmare
· 12-09 19:28
1.5% really isn't much; it's nothing compared to those middlemen who really bleed you dry.
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BrokenDAO
· 12-09 19:25
1.5% looks good, but when you actually transfer on-chain, you'll find that these are just virtual numbers games.
Gotta say, that 1.5% fee actually looks reasonable when you stack it against traditional payment rails. Credit cards and digital wallets? You're looking at 2.9% plus thirty cents per transaction. ACH transfers come in lower at 0.8%, sure. But those buy-now-pay-later services? They'll hit you with a brutal 6% plus fees.
Here's the thing though - none of these really compete with straight blockchain transfers. Moving value onchain still beats every single one of these options on cost. Makes you wonder why we're still paying premium rates for intermediaries when the tech for peer-to-peer settlement already exists.