How many times can a dollar be transferred between different currencies in MathWallet?

The crash of Bitcoin at 12th March stirred the calm of currency investors and the phenomenon caused the panic in the crypto circle. The recent price ups and downs also made investors come to realize that it is better to hold for a long time for a good price than to execute transaction frequently in the exchange.

The safest way to hold the crypto for the long term is to keep it in your digital money wallet. But the service charges are not the same for different currencies.

We found some of the fees are really expensive. So for the easy understanding, we would like to show you how many times a dollar can be transferred between different currencies within MathWallet.

The lowest service fee ever exists!

The transaction fee for Harmony is 0.000021 ONE per transaction in the last 24 hours, which equals to $0.0000000538 at the moment.

One dollar can be transferred 18,587,360 times. If each transaction took 30 seconds, it would take 9,293,680 minutes, or 154,894 hours, or 6,454 days, to use up the $1! It can take more than 17 years without eating, drinking or sleeping. (note: the average cost of each transaction is fixed at 0.000021 ON

1. It’s almost free service for the transaction of following crypto currencies:

EOSC, Yas, IRIS

ChainX, Edgeware, TRX, ONT, EOS

Public Chain Average Transaction fee for last 24 hours USD(up to date) Times that 1 dollar could be used for transaction(up to date)
EOSC 0.01 EOSC 0.000014 71429
Yas 395μs CPU 0.000017 58824
IRIS 0.002 IRIS 0.000022 45455
ChainX 0.00025PCX 0.000219 4566
Edgeware 0.1 EDG 0.000286 3497
TRX 0.05TRX 0.000686 1458
ONT 0.01ONG 0.000857 1167
EOS 21.2μs Cpu 0.001 1000

Note: The currency required for transferring ONT and IRIS is fixed: its on average 0.01 ONG for each ONT in the past 24 hours, 0.002 IRIS for each IRIS in the past 24 hours

2. The following cryptos that requires low transaction fee:

Cosmos, Binance,

Kusama, ETH

Public Chain Average Transaction fee for last 24 hours USD(up to date) Times that 1 dollar could be used for transaction(up to date)
Cosmos 0.002 ATOM 0.0048 208
Binance 0.000375BNB 0.005714 175
Kusama 0.01 KSM 0.0275 36
ETH 0.00025ETH 0.04428 23

Note: the currency required for Cosmos transfers is fixed: on average 0.002 ATOM per Cosmos in the past 24 hours

3. Pricey transaction fee required by following crypto type:

BTC

One-time transfer fee =0.000 5BTC, BTC is worthy of the name “digital gold”, even after the 312 crash, BTC transfer cost will be $3.7 each time.

Public Chain Average Transaction fee for last 24 hours USD(up to date) Times that 1 dollar could be used for transaction(up to date)
BTC 0.0005 BTC 3.70285 0

 

To get more information, please check mathwallet.org

 

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