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/biz/ - Business & Finance

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29161336 No.29161336 [Reply] [Original]

Eth 2.0 cant come fast enough; story
>Have 355$ profit on kraken
>Move it to metamask
>3.32$ Fee
>reasonable
>It's stuck on Eth mainnet and not Bsc Net(pic related)

Attempt to bridge it by swapping Eth to DAI
>60 dollar fee
>plus 30 dollar "authorization" tip
>Binance wont bridge because im a burger, attempt VPN, still nothing
>end up buying AnySwap
>more fees
>ends up totaling fees from my 350$ down to 171$
>end up with 60 anyswap shitcoins due to not wanting even less money

I want to throw up

>> No.29161517
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29161517

>>29161336
you will pay the fees

>> No.29161770

>>29161336
>It's stuck on Eth mainnet and not Bsc Net(pic related)
Since I don't use meta mask, I don't get this bit. What do you mean it's stuck?
And if you want to cash out from your meta mask, do you have to throw your money in an exchange first

>> No.29162819

>>29161770
Basically it means you are using eth to pay for everything and wont be transferrable for other fee systems/tokens

Imagine it as being stuck trading to a single store using only their special currency
in this example its the overcharging eth fees cutting tremendiously into profits

but a few feet away is another store that has low fees, but as soon as you walk in your money is now worthless even though it looks the same, but it was printed somewhere else