How to avoid the stupid high gas fees: My method!(Change your Publish0x earnings to ETH, no matter how low!)

How to avoid the stupid high gas fees: My method!(Change your Publish0x earnings to ETH, no matter how low!)

By MadMaxx | Psycho Crypto | 25 Jul 2020


Hello, and welcome to another article!any people have complained to me that my methods for earning interest on their crypto comprises of sending Ether around. And if you haven't noticed yet, the gas fees are stupidly high nowadays, and it's only going to get worse as ETH increases in value.

So how do I combat this?

In a few simple steps actually. Here are the tools you'll need:

  • Trust wallet (to receive your Publish0x earnings. You can use any wallet you love though, but I like the simplicity of this one)
  • ChangeNOW (I found out about this service a while back, and have completely switched over from Changelly)

Those are the only tools you'll need!

Ok. So ChangeNOW has a $2 limit, so the lowest amount of crypto you can exchange is $2 worth of the one you want to use.

So here's how I do it.

First, I create a pair. The pair consists of the crypto I want to send, and XRP. So basically, I change the crypto I want to send to XRP.

Now, why XRP?

  • Because it's super cheap to withdraw. The fees don't exist. Literally.
  • Hardly any market movement on XRP. What you see is what you get. There's little to no deviation from the mean price.
  • It's extremely fast to send, so if you do have any hiccups, you can correct them quickly.

Once I've changed the cryptocurrency to XRP, I send it over to the exchange I want to trade it on. 

I input the ChangeNOW address as the deposit address for Publish0x to send to. Yes, I have tried it before, and yes, I had no hiccups whatsoever.

Once that's done, I input the necessary information into ChangeNOW, and I'm good to go!

My transaction is saved within the ChangeNOW interface, so once Publish0x sends the money, I receive the XRP into my account, and can proceed to sell it for ETH or any cryptocurrency of my choice.

It's really simple, and it's a smart way to save on fees.

I hope you enjoyed the article. If you did, a like and follow would be incredible. Also, please leave a tip to show that you liked it!

Thanks for reading.

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MadMaxx
MadMaxx

In the eternal quest for crypto fulfilment. I'm an obese frog on the internet, what I say most definitely isn't financial advice.


Psycho Crypto
Psycho Crypto

Fun experiments with crypto!

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