Bittrex moves $500 million in Bitcoin for just $1 – Details

Bittrex moves $500 million in Bitcoin for just $1

Bittrex made two big Bitcoin (BTC) transactions, moving coins from its main exchange to another wallet, before sending them back to its original wallet. The Crypto exchange almost paid nothing for the transaction. Yesterday, the exchange moved 48,952 BTC, worth $491 million at the time, according to blockchain records. But despite these two huge transactions, the cost was minimal. The exchange paid $0.67 in fees for the first transaction, and $0.84 for the second— totaling just $1.51.

Bitcoin is making everything so easy and cheap but the question remains if this less money charged during Bitcoin transactions will the the digital currency’s growth.

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