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Hubert
What is the cheaper alternative to transfer USDT when the transaction fee is high in Big-Box Banks?
2023-05-17 18:31
Answer list:：
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Life
The high transaction fees associated with USDT transfers (or transfers from Big Xin Bank) can be attributed to a variety of factors, including the processing fees charged by the relevant financial institutions and any underlying transaction costs associated with the transfer itself. These fees may be higher than those for other types of transfers due to the complexity and security measures involved in executing cryptocurrency transactions. Additionally, market factors may also impact the cost of fees, as demand and supply for USDT can impact the price that users must pay for transferring funds between accounts.
Release time 2023 05 17
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Finbar
The high transaction fees for USDT transfers (or transfers through the DBS Bank) are due to the associated costs of processing these transactions, which include network fees, transaction verification fees, and other operational expenses. These costs can add up quickly, particularly when processing a high volume of transfers, and may result in higher fees for users compared to other methods of payment.
Release time 2023 05 17
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Kathleen
USDT transfer fees are expensive because they require a higher transaction fee to process due to the high demand for the cryptocurrency. The same can be said for bank transfers with DBS Bank, as they charge a higher fee for international wire transfers compared to other banks.
Release time 2023 05 17