Crypto asset transaction fees are unavoidable in making purchases or transferring crypto assets. Every market for selling crypto assets certainly has transaction fees charged to its users, although the amount of fees charged is different for each crypto exchange. Here are 5 crypto assets with the cheapest transfer fees on Indodax.
Crypto Assets With the Cheapest Real Time Direct Asset Transfer Fees on Indodax
This article will not discuss how to transfer crypto assets, withdrawals, and deposits. Here we invite you to know the 5 cheapest crypto assets when withdrawing and depositing. Because each transaction is between platforms, each crypto asset charges a different transaction fee. In addition, also other times. Knowing which transfer fees are the cheapest also keeps you from experiencing losses or getting the maximum profit.
Here are 5 crypto assets that apply transfer fees, namely the cheapest withdrawals and deposits.
1. IDK
IDK is an ERC20 crypto asset or stablecoin issued by IDK Foundation Ltd., a trusted charity company of the BVI. Which assets run on the Ethereum blockchain network? This asset is also backed up by the Indonesian Rupiah (IDR) with a ratio of 1:1,000. With IDK (IDK IDR), you can transfer IDR globally fast, stable, and low-cost/free.
2. Stellar Lumens (XLM)
XLM is a native crypto asset based on the Stellar software technology launched in 2014. by Stellar Developments. Although not a stablecoin, XLM is often used to exchange crypto assets and for payments. Even this platform promises the ability to complete a very short transaction, which is only 5 seconds. This is faster than Ethereum, which takes 3.5 minutes.
3. Tadpole.Finance (TAD)
Tadpole.Finance (TAD) is a DeFi-based open source crypto asset project initiated by Indodax. TAD only charges a transfer fee of 0.09 TAD.
Whatever the total TAD you send, the fee is only 0.09 TAD. This can also make it easier for you to exchange TAD from staking results and directly exchange it to Rupiah.
This step is easier and more efficient than you have to exchange TAD on other platforms that use the USD stablecoin as a reference.
4. Tron (TRX)
Tron (TRX) is a crypto asset that implements cheaper transfers. That is, only 1 TRX (TRX IDR) for any transfer of TRX.
This crypto asset ran on a decentralized blockchain-based system developed by the Tron Foundation and launched in 2017. The TRON network has its utility crypto token, TRX Coin.
Reporting from Coinmarketcap, initially, TRX Coin was an ERC-20-based token used on the Ethereum network, but a year later, it was moved to its network.
Although not as popular as Ethereum, Tron has many advantages, including providing support for content creators such as creators, artists, or artists across the country to get full ownership of the content they have created. As well as low transaction costs and a more efficient time.
5. Ripple (XRP)
Ripple (XRP) only applies 1 XRP for any transaction. XRP is also popularly used by traders in arbitrage trading. Just like Stellar, XRP also relies on fast transfer times. I only need 1 confirmation for transfer.
In general, many people call Ripple and XRP one entity, but technically, Ripple is a payment platform, and XRP is a digital asset that works independently of Ripple. So, XRP acts as a bridge between different currencies transferred on the Ripple network. XRP also acts as a source of liquidity for the web.
XRP’s primary goal is to create a real-time, live asset transfer system that offers a cheaper, more transparent, and secure alternative to current payment transfer methods, such as SWIFT. XRP is well known for its functionality on the Ripple network, which is why XRP is also known as Ripple.
Those are the 5 crypto assets set the cheapest transfer fees on Indodax. You can use this for money transfers or more optimal trading with more accessible discounts.
