Bitcoin again showed its strength and potential. In particular, this potential has been demonstrated by the Bittrex cryptocurrency exchange, which transferred bitcoins worth nearly $ 500 million on February 16, with a charge for this transaction of exactly $ 1.51. The well-known Whale Alert Twitter account brought attention to the transaction of 48,952 BTCs (approximately worth $ 491 million). However, as this Twitter account noted, 2 different transactions took place. The first was to be done from a Bittrex wallet to an unknown address. Subsequently, all bitcoins were sent back to the Bittrex wallet in question.

Both of these transactions were supposed to cost a really ridiculous amount (compared to the amount of money that was transferred). The first of these transactions costs only 67 cents, while the latter cost less than $ 1 (84 cents in particular). Nearly half a billion dollars were moved for less than $ 2.

Bittrex did not make such a transaction for the first time. On December 4, 2019, Bittrex made a series of transactions, moving up to $ 9 billion bitcoin in less than an hour. Each transaction costs about 60 cents. With a total of 21 transactions, moving $ 9 billion bitcoin cost only $ 12.5. In the traditional banking and financial sector, as we know it now, such transfers would be impossible.