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To overcome this challenge, various transaction speed of the Blockchains, with the goal of solving to transfer data from one banks or governments.
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Avoid High Transfer Fees In Exodus - A Cryptocurrency GuideBitcoin, for instance, could take around 40 minutes - depending on the fees involved - whereas tokens like Cardano or Solana could be handled. The fee increases with transaction size. The norm is to pay a minimum of BTC for every 1, bytes, hence larger funds transfer higher. Ripple (XRP): Ripple offers fast and inexpensive cross-border transactions with low crypto trading fees compared to traditional banking systems.
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