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by viraptor 1470 days ago
> Sounds like the problem's with trading, rather than using it like currency.

The context here is an exchange limiting withdrawals, so... Yes, exactly?

Decentralised exchanges have massive fees in practice. If you want to buy in and cash out after a year, sure. But show me one that takes <0.1% for the whole transaction including transfer/signing fees and supports BTC.

1 comments

That doesn't mean people aren't stupid, in contrast to what you implied in another comment. Unwittingly day-trading cryptocurrency is stupid, and the people who desire to do it are not very smart.

That said, I do know a decentralized exchange that fits your criteria. I'm not going to mention it, because I refuse to enable such incredibly harmful behavior.

I don't believe anyone is "unwittingly" day trading anything. You're quite aware of doing it - it takes time.