account but it seems like the fee to transfer USDC on ETH network is very expensive! So is it a good idea and economical to deposit TRX instead and then swap those TRX to USDC inside the app to avoid the high fee on ETH network?? Pls advise!
Not really, if your deposit is large. Nexo Exchange fee very significant too.
Stellar(XLM) conversation helps 1) convert your USDC to XLM in your exchange 2) send XLM to Nexo, remember to put both wallet address and memo, its funds might not show up 3) convert XLM to USDC in Nexo Note: all these steps will have small charges, XLM withdrawal fee is 0.02 XLM, and other swap fees, however, it's much cheaper, in total it will be around $1-$1.5...
If it's just $2 in total, it will be a lot better than $40 in ETH
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