Bitcoincash's blockchain is expanding day by day and it users continues to multiply,but as long as new tokens are launched on the crypto verse they would continue to be a threat to Bitcoincash.

What Kind of assets do you own.

Every one choose any kind of cryptocurrencies they want due to preference but for me I prefer to use Bitcoincash that any other cryptocurrencies.

The answer is that the kind of assest you own determines your expenses on a daily basis.

Brief explanation of transactions made on the ethereum network.

• Token + transaction fee = transactions of ethereum token.

• Nfts+transaction fee= Non fungible token transfer.

The evaluation listed up is just to explain the how transactions are made.

How transactions are made on the crypto verse

• Sender>blockchain>receiver.

• Sender: this the owner of the assest.

• Receiver: this the person that the contract has been made with that is expected to receive a certain amount of cryptocurrencies.

• Blockchain: this the combination of different ledgers that automatically records transactions made via cryptocurrencies. It is also where some part of transactions fees are dropped so that miner would be able to mine.

Is your assests a liability to you or otherwise.

The aims of Satoshi was to make sure that cryptocurrencies is fee after estimation must not exceed 1cents but most of the cryptocurrencies are not walking in that legacy but either walking the way round.

Some cryptocurrencies rather piss people off because of the transactions fee which is higher than bank fee.

• Brief explanation of it.

Ethereum token+ fee= transactions.

0.02eth(58.36$ )+ 8.2$= a successful transactions.

While equalizing the amount to my local currency.

Ethereum transferred 58.36$=33,497 naira.

Transactions fee 8.2$=4706 naira.

Bank transactions 53.36$=33,497 naira.

Transaction fee 9 cents =53.74naira.

The truth can't be denied because the fee is getting out of hand.

What token should I go for when withdrawal fee is much.

In the crypto verse there have always been an alternative for any token just like the alternative for ethereum is smart bch and the alternative for Bitcoin is Bitcoincash.

My advice is for one to trade with tokens that are less in fees like Bitcoincash, lite coin and much more. Depending on your preference you are free to Choose any token of your choice.

Bitcoincash is my choice.

Bitcoincash has always been my choice since the beginning of my journey in the crypto verse, not to talk of the it speed, low cost maintenance/low transaction fees. Bitcoincash is also a replica of Bitcoin it self.

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Conclusion.

Since when started my journey in the crypto verse I have faced alot of challenges in the kind of cryptocurrencies I should investing in at the end of day of the day I decided to invest in token that the transaction fee is less which is Bitcoincash.

All information this article carries facts and more information about the topic and all materials used in this article are mine unless stated other wise.

Evaluation made in the article are just to explain more about the topic and nothing more.

Lead image from unsplash and was redesigned using canva.

The information are free from erotic contents and all the information are used for promotion of cryptocurrencies.