Using NEO to avoid eth fees

Hi Everyone,

I was attempting to send some eth to Binance for buying shit coins and I noticed the fees were just too much to send from the nash trading room to my Personal Vault and then to Binance.
I converted my eth to neo and sent the funds to Binance then for zero fees.

I don’t know why I never thought of this before, wondering has others been doing this?

5 Likes

I haven’t been doing it myself but I saw people talking about doing that in the telegram group, so that will be what I do from now on, the only issue is that Neo is not divisible but compared to the high fees on eth that’s a non issue.

1 Like

I always transfer with Neo between exchanges. Fast, 0% fee. Great.

1 Like

NEO network has been steadily improving I think it is doing great for this use, while the price is unfortunately stable around ~$24, that also helps with using as transfer medium.

5 Likes