>>>Gas fee? How Hydro Pay ends this tax for the unbanked
Gas fee? How Hydro Pay ends this tax for the unbanked2019-06-21T18:13:57+00:00

Traditional banking system is designed in such a way that bank charge fees on customers’ bank transaction. Transaction charges vary most times from one bank to another and country to country. Similar to the bank transaction charges is “gas fee” the transaction charge miners take when making a cryptocurrency transaction.

Gas fee just like transaction charges has limited quite a number of people to make transactions on their cryptocurrency wallet making many to limit what they intend to send or distorting their savings. Although cryptocurrency “gas fee” is designed to be minimal compared to bank charges, having a no gas fee p2p payment is the best that could happen to the crypto space.

Banks running zero balance bank account helped so many unbanked individuals open bank account back in the days however the zero balance account still has transaction charge function. A plus for Hydro Pay, offering a zero balance for users and still cater for their gas fee.

What more can the crypto community ask for now that adoption is gradually increasing. Join us to expand the awareness of the world’s first gasless, feeless crypto p2p App, sign-up here to get an early access

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4 Comments

  1. Avatar
    Khayrul Islam June 21, 2019 at 6:27 pm - Reply

    It is a great revelation, I usually make 150-200 transaction every month,and its cost almost 0.03 to 0.05 ETH per month. Now I can save this money easily with Hydro Pay

  2. Avatar
    Kehinde Lawal June 21, 2019 at 8:04 pm - Reply

    Insightful article

  3. Avatar
    JOSEPH AJOGWU June 22, 2019 at 11:12 pm - Reply

    Gas fees taken out of the transaction equation Is really going to encourage mass adoption of cryptocurrency

  4. Avatar
    Clement Hugbo June 22, 2019 at 11:36 pm - Reply

    Just amazing how Hydro’s concepts are. Glad to have invested in this project!

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