After spending many years in the cryptocurrency space, I've learned one important lesson: "Saving is earning." Whether it's withdrawing from exchanges, on-chain transfers, or OTC trading, fees often quietly eat into your profits. This is especially true for institutional-grade custody solutions like Fireblocks and Ledger Vault, which can charge upwards of $5000+ per year in service fees—a significant expense over time.
Recently, on the recommendation of a friend, I discovered a cryptocurrency payment platform with remarkably low fees—BlockATM. After testing it out, I found that its transaction costs are only one-third of the industry average, and even cheaper than many centralized exchanges (CEX). Today, I’ll provide a detailed review of this platform to see if it can truly be a new choice for "low-cost cryptocurrency payments."
According to my tests, BlockATM's fees are transparent, with the following details:
- Smart contract deployment service fee: 200 U per contract
- Receiving fees (wallet connection payments): 2 U per transaction
- Receiving fees (QR code transfer payments): 0.4% per transaction
- Payment fees: 1 U per transaction
These low fees can save frequent traders quite a bit of money. Additionally, you can claim test tokens on BlockATM's official website, so it’s worth checking out to experience the platform.
It's also worth noting that BlockATM has several other advantages. Despite its low cost, the platform is not poorly made. On the contrary, BlockATM is safer and more efficient; it is a decentralized cryptocurrency payment solution with no central authority involved, allowing for self-custody of assets and ensuring 100% security.
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