Cryptocurrency Q&A
Do banks lower transaction costs?
Do banks lower transaction costs?
Leonardo
Thu Sep 05 2024
|
0
answers
0
As a keen observer of the financial landscape, I'm intrigued by the question of whether banks actually lower transaction costs for their customers. With the advent of digital currencies and blockchain technology, there's been much debate on whether traditional banking systems can keep pace with the efficiency and cost-effectiveness of decentralized finance. Could you elaborate on the measures banks take to minimize transaction costs, and whether these efforts are truly beneficial to their clients in the long run?
0 answers
Related questions
- What are transaction costs of exchange?
- How to manage bitcoin transaction costs?
- How much does it cost to send $100 Bitcoin?｜Bitcoin transaction costs only depend on how big in bytes your transaction is. As such, the dollar value you're sending is irrelevant with Bitcoin. A simple transaction usually costs around 200-2,000 sats or which could be for $100 or $100 million dollars.$0.06-$0.60 USD
