Started By
Message

re: Winklevoss twins’ crypto exchange, has endured $485M of net withdrawals in the past 24 hrs

Posted on 11/17/22 at 11:13 am to
Posted by 21JumpStreet
Member since Jul 2012
14774 posts
Posted on 11/17/22 at 11:13 am to
Yea strike is the best except for the $1000 weekly limit. Wish there was something like this for bnb as that is what I want to hodl next.
Posted by theRealJesseD
Member since Nov 2021
4207 posts
Posted on 11/17/22 at 1:08 pm to
quote:

Do you?



Well yes I do, but obviously you do not

Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
57985 posts
Posted on 11/17/22 at 1:44 pm to
quote:

Strike is actually cheaper than anything I’ve found for weekly purchases.

[quote]Fees

Strike fees
When we say “no platform fees,” “no added fees,” and “no Strike fees,” we’re highlighting the fact that Strike doesn't charge you any transaction fees to use the Strike app.

However, we may pass certain third-party fees on to you, such as Bitcoin network fees (also known as “on-chain fees”) or Lightning Network fees.

Bitcoin network fees
When you send funds on Strike via the Bitcoin network, Strike passes on the associated mining fee to you. (A mining fee is a fee paid to cryptocurrency miners, to compensate them for processing transactions and securing the network).

Lightning Network fees
The Lightning Network is an alternative to sending funds directly over the Bitcoin network. The Lightning Network may also involve fees to send payments, but they’re just a few cents per transaction at most, and often less. For this reason, you may want to use Lightning to carry out transactions where possible. When you send funds on Strike via the Lightning Network, Strike passes on any associated Lightning Network fees to you.

quote:

What you get on a $100 BTC purchase after fees

Strike $100.00

CashApp $97.75

Venmo $97.51

Coinbase $97.01
these are conflicting. What fee percentage are you seeing real time?
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
81720 posts
Posted on 11/17/22 at 1:45 pm to
quote:

Is it seriously as easy as buying an $80 ledger thing on Amazon and downloading my tokens directly to it?
yes

Eta: but as mentioned buy directly from Ledger or Trezor
This post was edited on 11/17/22 at 1:47 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
81720 posts
Posted on 11/17/22 at 1:47 pm to
I use Strike as well. Cheapest and easiest to maneuver
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
81720 posts
Posted on 11/17/22 at 1:48 pm to
quote:

Yea strike is the best except for the $1000 weekly limit.
an email to their support requesting an increase will bump you to $3,000
Posted by 21JumpStreet
Member since Jul 2012
14774 posts
Posted on 11/17/22 at 2:02 pm to
Oh shite, Thanks!
Posted by lighter345
Member since Jan 2009
11893 posts
Posted on 11/17/22 at 2:20 pm to
I would have to check the spread price on strike vs. other platforms. The statement is accurate that there are no fees on strike that are broken down on the purchase. I imagine there’s a slight spread in what my bitcoin strike price is. I will say it has to be Something extremely negligence compared to the other options.

Try it out.
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
57985 posts
Posted on 11/17/22 at 3:12 pm to
quote:

Try it out.
Well i dont buy BTC. If have to see how the fees workout using this from BTC to other vs, buying other with onboard fees.

Im lookin at the card but no data on rewards yet. If it beats 2%, Im in. if not, ill stick to fold.
Posted by 21JumpStreet
Member since Jul 2012
14774 posts
Posted on 11/17/22 at 3:33 pm to
Damn, I bought mine off Amazon. Did not know that. Would it be wise to move it off? It was sold by Ledger Official though.
This post was edited on 11/17/22 at 3:35 pm
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
57985 posts
Posted on 11/17/22 at 3:51 pm to
quote:

It was sold by Ledger Official though.

if it was official Ledger on Amazon i would think it is safe.
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
33144 posts
Posted on 11/17/22 at 3:54 pm to
It's a contagion that will spread. Maybe Bitcoin and Ethereum make it out in one peice but both will have to endure rough rides.


The party is over! shite, Tulips may be a better investment.
first pageprev pagePage 2 of 2Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram