i’ve come to realize a lot of vendors request BTC only as payment. i’m less than enthusiastic.
just to start, i went ahead and got the BTC for the DBG donation and i basically spent $25 and ended up with only $15 for the donation.
i wanted to do a $20 donation but it ended up, i guess, costing me $5 to buy the $20 BTC and then it cost me another $5 to send the BTC.
WTH is that? i can only imagine if dealing say $500 BTC. how much would i actually be spending USD to send $400-500 vendor magazines? seems like higher $ transactions would cost big $$$ as it’s all a percentage, correct?
so $10 to buy and pay $20 BTC is STEEP. for those experienced, how much do you lose buying & spending several hundred BTC?
just to start, i went ahead and got the BTC for the DBG donation and i basically spent $25 and ended up with only $15 for the donation.
i wanted to do a $20 donation but it ended up, i guess, costing me $5 to buy the $20 BTC and then it cost me another $5 to send the BTC.
WTH is that? i can only imagine if dealing say $500 BTC. how much would i actually be spending USD to send $400-500 vendor magazines? seems like higher $ transactions would cost big $$$ as it’s all a percentage, correct?
so $10 to buy and pay $20 BTC is STEEP. for those experienced, how much do you lose buying & spending several hundred BTC?