# FastBTC vs Exchange hopping - Community info **URL:** \ **Category:** Sovryn App\ **Created:** [June 4, 2021, 1:03am UTC](https://forum.sovryn.com/t/fastbtc-vs-exchange-hopping-community-info/1285 "2021-06-04T01:03:25Z")\ **Posts on this page:** 7\ **Page:** 1
**Author:** ![LordElvic](https://dub1.discourse-cdn.com/flex017/user_avatar/forum.sovryn.com/lordelvic/32/300_2.png) [@LordElvic](https://forum.sovryn.com/u/LordElvic)\ **Post date:** [June 4, 2021, 1:03am UTC](https://forum.sovryn.com/t/fastbtc-vs-exchange-hopping-community-info/1285/1 "2021-06-04T01:03:25Z")
Being a bit new to this space - I wanted to try EVERYTHING is could here. One thing that jumped out was FastBTC performance and cost vs moving BTC from Kraken to KuCoin- converting to rBTC and moving to my MM Wallet. On a raw performance basis - both methods were about the same but I found it worth noting that the “manual” method was 20 minutes faster and about 0.1% cheaper in terms of total cost. That difference may not be worth the extra hoops you jump through on manual and the timing could have been entirely due to environmental factors but worth noting. Hope this info is useful to someone out there. ---
**Author:** ![AlykzAlex](https://dub1.discourse-cdn.com/flex017/user_avatar/forum.sovryn.com/alykzalex/32/73_2.png) [@AlykzAlex](https://forum.sovryn.com/u/AlykzAlex)\ **Post date:** [June 7, 2021, 9:30pm UTC](https://forum.sovryn.com/t/fastbtc-vs-exchange-hopping-community-info/1285/2 "2021-06-07T21:30:18Z")
I love your commitment man! ---
**Author:** ![ProblemChild](https://avatars.discourse-cdn.com/v4/letter/p/5e9695/32.png) [@ProblemChild](https://forum.sovryn.com/u/ProblemChild)\ **Post date:** [June 7, 2021, 10:00pm UTC](https://forum.sovryn.com/t/fastbtc-vs-exchange-hopping-community-info/1285/3 "2021-06-07T22:00:28Z")
Thanks for the info. I am very new to this kind of space and Sovryn. I have deposited some rBTC and bought some SOV and have managed to deposit both for SOV yield farming. Happy days. I did however lose quite a bit from the transfer of BTC from my binance account to FastBTC, this was mainly due to only moving a small amount of BTC (under 100 dollars) and Binance having a set fee. I imagine I would be better going straight to Kucoin, buying BTC with fiat, trading for rBTC and moving to MM Wallet? I think i am starting to get this Vodoo! and i am actually enjoying it. ---
**Author:** ![ProblemChild](https://avatars.discourse-cdn.com/v4/letter/p/5e9695/32.png) [@ProblemChild](https://forum.sovryn.com/u/ProblemChild)\ **Post date:** [June 7, 2021, 10:24pm UTC](https://forum.sovryn.com/t/fastbtc-vs-exchange-hopping-community-info/1285/4 "2021-06-07T22:24:08Z")
> [@Binance to Sovryn](https://forum.sovryn.com/t/binance-to-sovryn/617): > > Hi Guys Apologies if this is a silly question… I am trying to sent BTC from Binance to Sovryn Metamask wallet. After entering wallet address, I am asked to select a Transfer Network: On Binance App - BEP2 BEP20 (BSC) BTC ERC20 On Web Binance - Binance Chain (BNB) Binance Smart Chain (BSC) BitcoinBTC Ethereum ETH Which one do I select, I have already lost $50 on a trial deposit! Thanks Paul just found this thread 🙂 ---
**Author:** ![LordElvic](https://dub1.discourse-cdn.com/flex017/user_avatar/forum.sovryn.com/lordelvic/32/300_2.png) [@LordElvic](https://forum.sovryn.com/u/LordElvic)\ **Post date:** [June 7, 2021, 11:06pm UTC](https://forum.sovryn.com/t/fastbtc-vs-exchange-hopping-community-info/1285/5 "2021-06-07T23:06:42Z")
I see you found a better thread since I have no direct experience. I can tell you that the fixed fees make smaller denom movements inherently more expensive. Still playing around but if the last FastBTC was correct - it turns out to be cheaper than the 2 step process. Not huge but a sat is a sat 😉 ---
**Author:** ![ProblemChild](https://avatars.discourse-cdn.com/v4/letter/p/5e9695/32.png) [@ProblemChild](https://forum.sovryn.com/u/ProblemChild)\ **Post date:** [June 7, 2021, 11:11pm UTC](https://forum.sovryn.com/t/fastbtc-vs-exchange-hopping-community-info/1285/6 "2021-06-07T23:11:19Z")
> [@Binance to Sovryn](https://forum.sovryn.com/t/binance-to-sovryn/617/8): > > Hi! There is another (tricky) cheaper way: -Buy RIF with your BTC on Binance -Send those RIF to your RSK mainnet wallet -On [RSK Swap App](https://app.rskswap.com/swap) (Uniswap fork) swap those RIF for rBTC. I just used this exact method! much better! low fee to withdraw from binance, then easy steps. always learning!! ---
**Author:** ![exiledsurfer](https://dub1.discourse-cdn.com/flex017/user_avatar/forum.sovryn.com/exiledsurfer/32/260_2.png) [@exiledsurfer](https://forum.sovryn.com/u/exiledsurfer)\ **Post date:** [June 16, 2021, 9:21am UTC](https://forum.sovryn.com/t/fastbtc-vs-exchange-hopping-community-info/1285/7 "2021-06-16T09:21:55Z")