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You end up paying the transaction fees, which are insane. On top of the interest.
by axlee 4y ago
You end up paying the transaction fees, which are insane. On top of the interest.
- hoschicz 4y agoYou don't on chains such as Polygon, Fantom, etc etc etc. Really only Ethereum is very expensive; you don't have to use it.
- louracryft 4y agoI'm just a lurker on crypto issues, but if you're avoiding transaction fees by trading on a company's private chain, aren't your assets also held by that private company? So if you wanted to redeem your assets from a private chain, wouldn't those trades need to interact with the company's holdings, rather than the wider marketplace?