Short tip: Transfer funds from Kucoin to Binance cheaply

Short tip: Transfer funds from Kucoin to Binance cheaply

By foski97 | Quick Tips | 20 Sep 2023


Hey there!

I'm starting a new blog with short tips for the crypto world. It is intended to provide short (less than 2 or 3 mins reads) with helpful tips for "not so wealthy" people as myself.

So here it comes the first tip!

Move money from Kucoin to Binance for cheap

So i got my first withdrawl from PublishOx on Kucoin. Almost all my crypto capital is distributed between coin specific wallets and Binance and I didn't want a new app to check. I started investigating how could I transfer my funds from Kucoin to Binance as cheap as possible.

Ths solution I found: Convert the funds to a cheap alternative that is both accepted by kucoin and binance. The chosen coin was Algorand. The conversion was almost free in both platforms and the cost of transfering the funds was 0.1 ALGO (around 1 cent in the time of writing).

Comparing with the transfer cost of the mainnet of ethereum (I couldn't use a cheaper network like Optimism) the differnce is huge as the amount I wanted to transfer was less than the gas price for the mainnet...

Hope this helps and see you next time!

Remember to tip and feel free to send some tips

  • NIM: NQ74 061B 5APX UUAD B8B2 HKVN GN20 8ANP YGRD
  • FNNC: FZ4y2i4m9P4nMwC4oF1obNFzik2GC2xrNi
  • XMR: 46srigF2QEcM4bggmh3Zq8YAhqWGyWJYw9yhzKzYBjgB5Pacib84VwrYurmr9zRY8wJSFAFNycnF3e8C3RexMGqe5JrHv9y

How do you rate this article?

56



Quick Tips
Quick Tips

Fast to read useful tips for the world of crypto

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.