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.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
ser_aped.ethvip
· 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.
View OriginalReply0
rugpull_ptsdvip
· 12-09 19:29
On-chain transfers are truly incredible; these middlemen's fees can't even compare.
View OriginalReply0
EntryPositionAnalystvip
· 12-09 19:29
On-chain settlement is truly amazing. Why do people still use intermediaries?
View OriginalReply0
BridgeTrustFundvip
· 12-09 19:28
On-chain transfers are truly amazing; those old-fashioned intermediary fees should be a thing of the past.
View OriginalReply0
GasFeeNightmarevip
· 12-09 19:28
1.5% really isn't much; it's nothing compared to those middlemen who really bleed you dry.
View OriginalReply0
BrokenDAOvip
· 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.
View OriginalReply0
GamefiHarvestervip
· 12-09 19:21
1.5%? Ha, still got caught by the vampires.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)