23-04-2018 15:00 via newsbtc.com

Huge Litecoin Transfer Shows How Absurdly Expensive Regular Remittances Are

In the world of finance, transferring money around the world can be expensive. This is especially true where banks and other service providers are concerned. On the other side of the spectrum, we have the cryptocurrencies and a recent $99 million Litecoin transaction barely cost $0.4 in fees.Remittances Remain Expensive and Slow
Transferring money across borders is not the most straightforward process. Banks charge rather high fees, often dependent on the country of the recipient. Additionally,
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