Altcoins News

Story: Litecoin (LTC) Charlie Lee on Some Unavoidable Fees

By James Thorp

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Litecoin (LTC) and the Fees

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Many of them are spreading good news about Litecoin and other cryptocurrencies.  Confidence in crypto is brewing.

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When someone stated that this card charges $1.00 for every merchant transaction (POS transaction fee) and that they were psyched about this card until they read the fine print…

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In response the reader stated, I read it in the fee section on the link to the card. I thought that didn’t sound right for something you would promote.

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Charlie Lee concluded stating that there are fees and some are unavoidable, but I know there's no POS fee when you "swipe" the card.

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It is very clear that there are no free lunches and absolutely free transactions anywhere across the world. However, many of them are happy and feel the card is good.

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Some have stated that they would rather just find merchants who adopt core wallets so that they can just scan their wallet without KYC.

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There were other users who had similar opinions, I was super excited for LTC with Block Card, but I am less than happy to see a fee being charged for deposits.

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In this regard, Sydney Ifergan, the crypto expert tweeted:  “Litecoin (LTC) are not about hype.  They are realistic and their products are realistic too.

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In response to everyone complaining about fees, one of the users made a common sense appeal for thought.

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