How much is 100K in ZBD sats? You know, once you take the fees out? 🤣
The transferring fees at ZBD are so high I'm considering transferring my BTC to fiat and storing it in the bank, so that at least I'll still have some money when Claus and my government comes for it
what are the fees they charge
Approximately 11% when you send sats from your wallet. But it depends on the amount sent. I once zapped someone 3 sats from my ZBD wallet to find 4 sats gone. That's a 33%ark-up 😕
a minimum fee of 1 sat is reasonable to prevent potential abuses
Oops you're right it's not 11% but it's more than 1%. I was charged 154 sats on a 15,000 sat tranfer. The extra 4 threw me I was always better with words than maths.
As for an extra 1 sat.... As far as I can tell WoS has only ever charged me the exact sats I zapped so if you're paying 1 sat or more to zap people on nostr, you're being ripped off 🤷🏽♀️
I can tell you spent time on this one. Very clever 🤙
