Why does many online earning sites have Litecoin as payment option?

[Augusta]

it is about its transaction fees being low and the confirmation time being faster so no much hassle with it

 

[Fidelia]

it is about its transaction fees being low and the confirmation time being faster so no much hassle with it

Even with the transaction fees being low, it seems site admins still incorporate strange fees before sending Litecoin. How do you explain that someone earned 10 dollars on a site and requests same in Litecoin. And he ends up receiving $ dollars. What is the essence of the crypto payments? Very terrible.

 

[Augusta]

Even with the transaction fees being low, it seems site admins still incorporate strange fees before sending Litecoin. How do you explain that someone earned 10 dollars on a site and requests same in Litecoin. And he ends up receiving $ dollars. What is the essence of the crypto payments? Very terrible.

Yeah this is when they are fees attached by the admins but without that it comes at a lesser fees with the exchange

 

[Suba]

Litecoin is known to process transactions quickly, and the reason why many online earning sites have Litecoin as a payment option is because the blockchain fees are very cheap.

 

[kit_hung]

I don't have an interest in crypto currency so cannot answer it correctly. But I guess they are easy to transact, lower fees so everyone wants to pay through it.

Okay bro. Even if you don't like crypto, it's still good to know a little. There are people using it for fast payments and low costs. You don't have to be a big investor to understand its basics.

 

[Min George]

I think that within seven minutes max your litecoin transaction should be done processing. That's why many sites pay through litecoin.

 

[Fidelia]

Litecoin was built primarily as a payment crypto and it's characteristic of speed and low fees support payments perfectly.