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by k__ 1570 days ago
I donated hundreds of dollars worth of Ether to Ukraine and paid like $2 worth in gas fees. That's less than 1%.

Transferwise takes much more %.

1 comments

You're conveniently forgetting the fees and other transaction costs associated with purchasing the Ether and then selling it for fiat.
The fees for buying and selling it are on the order of 0.075-0.5% with most exchanges.
And the wire transfers between the bank accounts and the exchange?
Those are free for most people - in Europe via SWIFT and in the US via an ACH transfer.