MultiversX Tracker is Live!

Buying Bitcoin is cheaper for americans.

Bitcoin Reddit

More / Bitcoin Reddit 19 Views

Americans don't realize how much money they spare just by buying Bitcoin in american dollar.

Let me give you a example: Most of us buy Bitcoin through a Exchange. When you buy Bitcoin there, there is a fee for buying, and there is a fee for sending to your hot/cold wallet.

If a American earns $1.200 per month, and buy $200 dollars in BTC, the fee for sending it to the hot/cold wallet is minimum. Something like 20 - 50 dollars?

I'm not a American citizen, that means that my currency is worth less than the U.S dollar. (Currently being US$ 1,00 = R$ 6,00 my currency is Real, Brazil).

That means that if I want to buy or send my BTC to my wallet, it is multiplied by 6. Which is currently R$120 - R$150.

By the way, I make R$1,600 per month, so R$150 is roughly 10% of my salary.

It's extremely difficult to stack even 1 cent (0.01) of Bitcoin.

So Americans, or Europeans of this sub, enjoy your strong economy and buy sats, because here in the third world, where I live and I'm currently fighting for a better life, it's hard to stack Bitcoin safely.

*I made a mistake saying 20 to 50 dollars in fee. Maybe 2 or 5 dollars.

submitted by /u/SouTransfobico
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments