Went to buy 1btc for the first time since 2017, and changed my mind after realizing it would cost me $140 more than what btc was listed for on coin market cap, and $200 more than the btc/usdt pairing on binance itself. 2 years ago I didn't really care because I was "investing", but now i'm coming to realize that there's no good reason to stop using fiat if I'm going to lose 3.5% to the on-ramp. Business wise it would be ridiculous trying to convince my clients to eat that cost and waste their time just to get a small discount. When will it cost less to convert?? I've read that BTC atm's charge up to 8%. That's highway robbery!!
Submitted March 08, 2019 at 08:04PM
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