|Crypto tips: How to withdraw BTC and ETH from LUNO without high network charge fee|
However, Droidvilla Technology Solution will be showing you a simple step by step tips on how to turn high crypto (BTC, ETH) network fee charge to very low network fee charge on LUNO.
Predicting when eth, btc and other alt coins will be experiencing low gas fee is rare, so what happens when you need to send eth or btc from your LUNO wallet to another, without having to pay high Gas fee?
How to reduce high network fee on LUNO
If you currently have BTC or ETH on your luno wallet and you wish to send / withdraw to cash on other crypto wallet like ROQQU, but due to the high alt coin network fee charge you are scared, the best way to get this done is by simply swapping BTC or ETH to LiteCoin (LTC) and then sending to the other crypto wallet (Roqqu) or any other.
Below image is a send transaction done by Droidvilla Technology Solution… We saved over NGN3000+ ($6) Network Gas fee while wanting to send ETH from LUNO to another wallet.
|High gas fee charge (sending ETH)|
High gas fee charge or Network fee while sending ETH to another wallet.
Low gas fee charge (sending ETH)
Low gas fee charge after swapping ETH for LTC and sending to another crypto wallet.
LTC sending in process
LTC sent successful from LUNO to another wallet
Note that, this also works on other crypto wallet platforms, and you can always swap between coins at a very low fee before sending, compared to when you send major alt coins like BTC and ETH from one wallet address to another.
Swapping ETH and BTC to LTC and sending to other wallet address is the best and cheapest method to avoid high gas fee charge.
Summary: To avoid high gas fee or network fee on LUNO while sending BTC, ETH and other top alt coins, you are highly advised to swap to LiteCoin which have a very low GAS fee charge…
Once this is swapped, you can now send LTC to the other wallet and if after the process is successful, you can as well decide to swap back the LTC to BTC or ETH on the other wallet of your choice.
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