Thread: Ethereum
View Single Post
Old 12th October 2021, 14:27     #900
Ab
A mariachi ogre snorkel
 
Quote:
Originally Posted by Ajax
^ If you're buying and selling XLM directly then you're subject to potentially severe price fluctuations. XLM has lost up to a third of its value in a couple of days during market crashes. Also, the cashing-out process at the AU end is not likely to be instantaneous unless you're using the same bank as the crypto exchange..
I take your point, but I really don’t care if XLM has price fluctuations in a couple of days. If I’m moving money I only care that it doesn’t change much during the 60secs or so it takes to buy then sell. If I’m moving a big amount of money and I want peace of mind I’ll use a stablecoin instead.

Of the au exchanges I’ve used the AUD transfer times range from “by the end of the business day” (eg coinspot) to “instant” (eg binance). I like instant.
  Reply With Quote