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Cryptos (BTC, ETH, LTC) Transfer Speed and Cost (personal experience)
By Invest Openly  •  February 3, 2021
 
All along, I am holding most of my major cryptocurrencies (BTC, ETH and LTC) in Coinbase platform and I have been leaving it "dormant" there for quite awhile. As Coinbase no longer support withdrawal of cryptocurrencies via Xfers or local bank account, decided to transfer all my cryptocurrencies to another platform (Binance.sg) which is supporting Xfers (in case I need to transact in the near future).
At the same time, I am also curious how long will it take for such transfer (it is not instant) and how much will it cost (not all is free) for each of the transfer? Following are my findings:

  1. For Ethereum (ETH) : took 8 minutes and cost me USD0.28 per USD100 (network fee)

  2. For Litecoin (LTC) : took 3 minutes and cost me USD0.00 per USD100 (network fee)

  3. For Bitcoin (BTC) : took 27 minutes and cost me USD0.13 per USD100 (network fee)

...
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By Invest Openly
My name is Richard Ng and I am a Malaysian turned Singaporean. This is a personal blog of mine detailing my venture in Share Investment Project. All the details in this blog are from my real venture (as it happens) and all amount quoted are in SGD (Singapore Dollars), unless otherwise stated.
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