Row 48117

Row ID: 48117 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 48117 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

The efficient way is to buy in a big lump, transfer it to your own wallet, and then send from there. That way you only pay one lot of exchange and withdrawal fees, for multiple future payments.

Each payment you send from your own wallet will still need a fee, but typically that's lower than exchange exit fees.

I don't know the amounts and if forward buying would put you at too much risk from price volatility, that's the downside.

Also advise practice on small amounts first, and understanding how to safely self custody cryptocurrency. When you run your own wallet, there is no tech support (not that exchanges tech support is worth much anyway).

FieldValue
text The efficient way is to buy in a big lump, transfer it to your own wallet, and then send from there. That way you only pay one lot of exchange and withdrawal fees, for multiple future payments. Each payment you send from your own wallet will still need a fee, but typically that's lower than exchange exit fees. I don't know the amounts and if forward buying would put you at too much risk from price volatility, that's the downside. Also advise practice on small amounts first, and understandi…
label r/cryptocurrency
dataType comment
communityName r/CryptoCurrency
datetime 2024-05-22
username_encoded Z0FBQUFBQm5Lak1STWxHV2JYVVE0VHkwUERGdUVfemRrOEl3TlNaNE5vUVhnUlI1QXJjMUxCUXJhSnl4TEs5TGt1WlR3SXFqb3FMcXdRclYtdWhqbHhQVHdGVVFEUWVQVlE9PQ==
url_encoded Z0FBQUFBQm5Lak9nclQ0aFplOVlnUnZJZ1NiM2JsM25EdS1KMi1LZzBkcFdiQm9GQjc1ZURXRVhZc3p5VERvalRDQllBeE9aWTlfTEk1RzR4WWNIUkNlXzB5d09DM1R4c2NBTWxkR05OaFJPWHFzeW92Z3AzUFc4NHBRMGVMNnVpY2k1VmJQU0dKVC1ZRmtBSG9aR1J0RXdTcm1LT1BJeThxNGppVUJCM3BFTmtua19XVGt2SzlBMUNjWDhydUxUQVp5X01BbzNpRnpK

Raw Record

{
  "text": "The efficient way is to buy in a big lump, transfer it to your own wallet, and then send from there.  That way you only pay one lot of exchange and withdrawal fees, for multiple future payments.\n\nEach payment you send from your own wallet will still need a fee, but typically that's lower than exchange exit fees.\n\nI don't know the amounts and if forward buying would put you at too much risk from price volatility, that's the downside.  \n\nAlso advise practice on small amounts first, and understanding how to safely self custody cryptocurrency.  When you run your own wallet, there is no tech support (not that exchanges tech support is worth much anyway).",
  "label": "r/cryptocurrency",
  "dataType": "comment",
  "communityName": "r/CryptoCurrency",
  "datetime": "2024-05-22",
  "username_encoded": "Z0FBQUFBQm5Lak1STWxHV2JYVVE0VHkwUERGdUVfemRrOEl3TlNaNE5vUVhnUlI1QXJjMUxCUXJhSnl4TEs5TGt1WlR3SXFqb3FMcXdRclYtdWhqbHhQVHdGVVFEUWVQVlE9PQ==",
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}
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