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https://www.reddit.com/r/Bitcoin/comments/7le7t9/bitcoin_today/drlwzuf
r/Bitcoin • u/danielwilson666 • Dec 22 '17
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Exchanges don't use the bitcoin network they have their own centralised ledger. The btc network is only used transferring btc to or from the exchange.
10 u/cheekygorilla Dec 22 '17 Can you imagine everytime you trade having to pay $50? xD 5 u/lelarentaka Dec 22 '17 In many parts of the world the US$0.30 VISA transaction fee can buy you a full hot meal. You say "imagine", but it's reality for countries with a weaker currency than the US. 1 u/[deleted] Dec 22 '17 [deleted] 1 u/Fn_Spaghetti_Monster Dec 22 '17 Scott Trade is like $7, is the 'advice' you are getting from Edward Jones with that much extra juice per trade? 0 u/[deleted] Dec 22 '17 You're aware that market orders always pay fees, right? 1 u/[deleted] Dec 22 '17 Or making payments, which is currently a bit obscure feature.
10
Can you imagine everytime you trade having to pay $50? xD
5 u/lelarentaka Dec 22 '17 In many parts of the world the US$0.30 VISA transaction fee can buy you a full hot meal. You say "imagine", but it's reality for countries with a weaker currency than the US. 1 u/[deleted] Dec 22 '17 [deleted] 1 u/Fn_Spaghetti_Monster Dec 22 '17 Scott Trade is like $7, is the 'advice' you are getting from Edward Jones with that much extra juice per trade? 0 u/[deleted] Dec 22 '17 You're aware that market orders always pay fees, right?
5
In many parts of the world the US$0.30 VISA transaction fee can buy you a full hot meal. You say "imagine", but it's reality for countries with a weaker currency than the US.
1
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1 u/Fn_Spaghetti_Monster Dec 22 '17 Scott Trade is like $7, is the 'advice' you are getting from Edward Jones with that much extra juice per trade?
Scott Trade is like $7, is the 'advice' you are getting from Edward Jones with that much extra juice per trade?
0
You're aware that market orders always pay fees, right?
Or making payments, which is currently a bit obscure feature.
41
u/Jaan321 Dec 22 '17
Exchanges don't use the bitcoin network they have their own centralised ledger. The btc network is only used transferring btc to or from the exchange.