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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
lottin
1570 days ago
You're conveniently forgetting the fees and other transaction costs associated with purchasing the Ether and then selling it for fiat.
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Tenoke
1570 days ago
The fees for buying and selling it are on the order of 0.075-0.5% with most exchanges.
link
lottin
1570 days ago
And the wire transfers between the bank accounts and the exchange?
link
Tenoke
1570 days ago
Those are free for most people - in Europe via SWIFT and in the US via an ACH transfer.
link