Cheap Way to Buy and Send Bitcoins?

Currently use Coinspot and have been for many years but the fees to send BTC to others have been horrendous, I think I was charged like a $AUD 30 BTC fee for sending BTC amounting to $300 last time I had used it.

Any suggestions?

Preferably something that can all be done on Android.

Comments

  • +2

    If you absolutely must send using BTC, I recommend using an exchange that supports the lightning network such as binance or kraken. Easiest would be kraken if you have no crypto atm.

    If you don't have to use BTC, use crypto such as XLM, XMR or LTC to send.

    • ADA also has cheap transfer fees

    • Iv got kraken how do i send via lightening though? If i have it correct i need a external wallet that supports lightnening so do i essentielly send the funds from external wallet using kraken or does kraken send the funds to my external wallet.
      Then i guess i send the funds from my external wallet to recepient? Allitle confused.

      Nevertheless in the mean time i sent btc via kraken without lightneing network and still ended up being cheaper than coinspot.

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