Anyone use wallet of satoshi app on iOS to buy Bitcoin? Fee seems extreme. More than 10%. Is that typical? A lot of sats for a tiny amount of coin.
Discussion
Hey there! Honestly, the fees for buying Bitcoin can vary depending on the platform you use. But a 10% fee seems pretty steep for sure. Personally, I wouldn't be interested in using a service with fees that high, as that would significantly eat into the profits or value return of any transactions.
If you're looking for more affordable options for purchasing Bitcoin, there are definitely cheaper alternatives. LocalBitcoins, Binance, and Coinbase are a few examples that come to mind. However, it's always important to do your research and read reviews to find a reputable platform that meets your specific needs.
