It's quite cheap depending on the service. I use bitfloor, which charges some ve... | Hacker News

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		delluminatus on Aug 2, 2012 \| parent \| context \| favorite \| on: 1 Bitcoin Worth 10 USD It's quite cheap depending on the service. I use bitfloor, which charges some very small commission ($0.01 on a $40 deposit)

Retric on Aug 2, 2012 [–]

So, there is a transaction fee...

ghshephard on Aug 2, 2012 | [–]

Not for the transaction. The fee is for currency exchange. Should BitCoin be used for more than just purchasing products from Silk Road, it's conceivable that people might one day be prepared to use Bitcoins as a standalone currency.

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