Currently Bittrex have close their operation and there are not allowed for trading or what OP possibility withdrawing his small fund, I confused with that exchange but in my account left small fund and not really hope with possibility for withdrawing again. What your coins left in Bittrex and its not possible to withdraw? I think if fees withdrawal higher you can't convert with coins have lower fees because Bittrex operation left only withdrawing and close option for converting or trading to other coins with lower fees withdrawing.
Its bad option left when having assets in market will close their operation, OP get difficult position because not update yet about Bittrex have notified they will close operation last several months.
Topic: Bittrex withdraw not possible, aammount too low? (Read 206 times)
And that's why you don't leave anything at any third-party service at all, be it 20 cents worth of sand or 2 million.
It's usually not possible to withdraw everything. I have dust at various (abandoned) exchanges, and apart from the minimum, exchanges also add digits behind the comma that can't possibly be withdrawn. 
Just imagine someone taking out a cup of sand they safekept from your store. They wanted it delivered to their house which is 20 miles away. Obviously, the gas prices aren't cheap, so are you going to do this service for them anyway? There are operating costs to every service, and if you think 50 cents is much more valuable to get compared to the fee that you are about to incur, then you may have a few screws loose in your head.
Now imagine they charge you $20 per month for keeping the few grains of sand that fell off your shoes, even though you can't get back your grains of sand.And that's why you don't leave anything at any third-party service at all, be it 20 cents worth of sand or 2 million. You only use them when you need them, and you don't treat them as your personal safe. They make money off of your deposit anyways and letting them charge you for 'safekeeping' something at their platform is just too much.
People should know this by now
If someone were willing to take the lead in pursuing a class action, these customers might have more opportunities to challenge this policy exclusively. Obviously this is based on a one-sided agreement and bittrex closes access to customers. What's more, the amount of dust makes no sense to charge a monthly admin fee.
Quote
The information below applies only to customers of Bittrex Global, GmbH (Liechtenstein). It does not apply to customers of Bittrex Global (Bermuda) Ltd.
And it doesn't show if you're part of "Liechtenstein" or "Bermuda". How convenient to use "Bittrex Global" for everything.You can find out under "My Profile" whether you are a customer of the GmbH (Liechtenstein) or the Ltd (Bermuda):
Just imagine someone taking out a cup of sand they safekept from your store. They wanted it delivered to their house which is 20 miles away. Obviously, the gas prices aren't cheap, so are you going to do this service for them anyway? There are operating costs to every service, and if you think 50 cents is much more valuable to get compared to the fee that you are about to incur, then you may have a few screws loose in your head.
Clearly the most reasonable thing for him to do is to leave the 50 cents, because any attempt to withdraw it will make no economic sense. Ofcourse he must've understood that not withdrawing will attract him to pay the $20 fee, since he did not, then it's best that he leaves the balance as it is, hopefully when he funds it with a substantial amount, then he can think of withdrawal.
Understand that most exchanges have minimum limit of withdrawal.
You're missing the point. Bittrex wants to charge users $20 per month per dust asset they have left on their account, even though they can't withdraw it.Are the 50 cents in assets really worth it?
OP doesn't want to pay $20 per month.Just imagine someone taking out a cup of sand they safekept from your store. They wanted it delivered to their house which is 20 miles away. Obviously, the gas prices aren't cheap, so are you going to do this service for them anyway? There are operating costs to every service, and if you think 50 cents is much more valuable to get compared to the fee that you are about to incur, then you may have a few screws loose in your head.
Now imagine they charge you $20 per month for keeping the few grains of sand that fell off your shoes, even though you can't get back your grains of sand.50 cents is just too small, you can forget about it. It is not enough to pay for withdrawal fee if I am right, on all centralized exchanges, not only Bittrex.
Bittrex announced their service closure months ago and I am so surprising to see you only want to withdraw your money from Bittrex now.
OP doesn't care about the $0.50 at all.Bittrex announced their service closure months ago and I am so surprising to see you only want to withdraw your money from Bittrex now.
Why would you withdraw that small amount?
To avoid being charged $20 per month!Get a job, that's the best way to do if you want to earn $0.5, even you live in third world country, I believe you can earn that by just working for one day.
So, if he has to work a day to earn $0.50, how many days per month does he need to work to pay $20 per month? 40 days?according to this ----> https://ln.bitfinex.com/
That's a completely different website. How can 75% of the posts in Trading Discussion be so useless?This looks funny to me. Like you mean you want to withdraw 50 cents from your account. How do you intend to do that? I have never seen where someone withdraw 50 cent from their account. It is not even possible and you will have to understand that. 50 cent is not even up to a dollar so what do you intend to do with 50 cent because it have not value to me. Funds less than a dollar can be very difficult to withdraw from exchanges even on your own wallet. Maybe you can fund it then try to withdraw everything added to it.
You must create those long BS posts for your BS signature, right?Is it worth it? Do you really want to withdraw 50 cents from there? Unless you add more funds to it, you can not withdraw due to the minimum amount requirement. It is better to just keep it there and move on with life. 50 cents is not a big deal mate. You can buy the same thing in other exchanges which will not require a $20 fee.
Sometimes it is better to let go of something than to keep on holding it.
You must create those long BS posts for your BS signature, right?Sometimes it is better to let go of something than to keep on holding it.
The number of people that responds without understanding what it's about is too damn high!
Thats exactly my point. So ... what to do ? I dont wanna pay them 20 bucks to get 50 cents back.
Is that even legal?
Not where I'm living!Is that even legal?
A month earlier, they sent me this:
The problem here is that Bittrex threatened to charge 20 USD per month if users don't withdraw their assets.
It's even worse than that: they charge 20 USD per asset per month, and they even sent that email if you hold $0.00 in assets. That sounds very much like a scam, and knowing how the internet works it could lead to legal threats later on, which makes some people pay for the extortion.If this isn't the strongest argument against KYC, I don't know what is!
From their FAQ:
You forgot to add the source: https://bittrexglobal.zendesk.com/hc/en-us/articles/15887272734877-Questions-and-Answers-for-Bittrex-Global-GmbH-Liechtenstein-Customers (archived)Quote
I only hold small balances in my account; will the default fees take my account into the negative?
For customers that hold an asset balance that is less than the minimum fee, the whole balance will be taken, and no additional amount will be charged thereafter. We will not take your account into a negative balance by charging fees.
For customers that hold an asset balance that is less than the minimum fee, the whole balance will be taken, and no additional amount will be charged thereafter. We will not take your account into a negative balance by charging fees.
But that also shows:
Quote
The information below applies only to customers of Bittrex Global, GmbH (Liechtenstein). It does not apply to customers of Bittrex Global (Bermuda) Ltd.
And it doesn't show if you're part of "Liechtenstein" or "Bermuda". How convenient to use "Bittrex Global" for everything.The same page also shows:
Quote
I only have a small balance in my account; why do you keep emailing me?
We were required by law to notify all Liechtenstein customers whose accounts held any balance that those accounts went into default on 4 January, even if that balance was not withdrawable. From now on we will only be contacting customers with a withdrawable balance to encourage them to withdraw those funds from the platform.
This implies you're under "Lichtenstein" if you received that email, and should mean they stop bugging your mailbox from now on.We were required by law to notify all Liechtenstein customers whose accounts held any balance that those accounts went into default on 4 January, even if that balance was not withdrawable. From now on we will only be contacting customers with a withdrawable balance to encourage them to withdraw those funds from the platform.
It sounds like BS to me though: if the account can't go into the negative, the customer can't be in default.
Is it worth it? Do you really want to withdraw 50 cents from there?
It's not about withdrawing 50 cents or if it's worth it or not. The company said in their email: Either you withdraw each and every cent from you account, or we will charge you 20 USD per month until the end of time. That's why everyone is upset. Nobody cares about the cents. They care about the 240 USD per year that they think they would have to pay for keeping any amount, no matter how small, on that exchange. That's why everyone wants to remove any amount, no matter how small, from that exchange.
If I have to keep my assets somewhere, I will definitely keep them in a self-custody wallet. It's free and I will have all the access.
"Not your key, not your coin"
according to this ----> https://ln.bitfinex.com/ They support the Lightning Network and you can withdraw using (LN-BTC). Use a wallet that supports the Lightning Network and withdraw your currencies. I think the minimum withdrawal limits are $5 equivalent, so all you need is to deposit $4.5 or ask one of the members to send it to your account.
He was asking about the now defunct Bittrex not Bitfinex. Yep, the names sometimes confuse, but at least one of them is now out of the game so no more future regular name confusions 
So I have like 50 cents in assets and obviously cant withdraw. And dont want to pay like 20 bucks for their "administration fees"
what to do now?
Every centralized exchange has a minimum withdrawal limit and a Fixed withdrawal fees. so you will not able to withdraw your asset if your asset is less then there requirement amount. you saying your asset is only $0.5 And I have never seen such a small amount withdrawal option in any exchange with any coin. the exchanges I use have the lowest minimum withdrawal amount requirement of $2 which must also be TRX or BNB. so I don't see any chance for you to withdraw 50 cents. what to do now?
Thanks for the input bro. At least somebody reads here
but how are they going to charge the 20 USD from him per month if the assets in there are just $0.5?
They would do the same as his bank would do if his account was in the red: they would send him a letter to the address he provided when he registered, informing him that he still has outstanding fees according to the terms and conditions and that he needs to pay that money.
But at least for EU customers, this fear does not apply.
From their FAQ:
but how are they going to charge the 20 USD from him per month if the assets in there are just $0.5?
They would do the same as his bank would do if his account was in the red: they would send him a letter to the address he provided when he registered, informing him that he still has outstanding fees according to the terms and conditions and that he needs to pay that money.
But at least for EU customers, this fear does not apply.
From their FAQ:
Quote
I only hold small balances in my account; will the default fees take my account into the negative?
For customers that hold an asset balance that is less than the minimum fee, the whole balance will be taken, and no additional amount will be charged thereafter. We will not take your account into a negative balance by charging fees.
For customers that hold an asset balance that is less than the minimum fee, the whole balance will be taken, and no additional amount will be charged thereafter. We will not take your account into a negative balance by charging fees.
So I have like 50 cents in assets and obviously cant withdraw. And dont want to pay like 20 bucks for their "administration fees"
what to do now?
Bittrex filled for their bankruptcy and I highly doubt that your 50 cents will be withdrawn without paying the fees required.what to do now?
Just consider it as a donation to bittrex, it is obvious that the fee are more than the amount you are withdrawing. I personally think that it is not worth to fight against bittrex for that kind of amount, it will be a source of stress for you seeking for some empathy here.
Is it worth it? Do you really want to withdraw 50 cents from there?
It's not about withdrawing 50 cents or if it's worth it or not. The company said in their email: Either you withdraw each and every cent from you account, or we will charge you 20 USD per month until the end of time. That's why everyone is upset. Nobody cares about the cents. They care about the 240 USD per year that they think they would have to pay for keeping any amount, no matter how small, on that exchange. That's why everyone wants to remove any amount, no matter how small, from that exchange.
If I have to keep my assets somewhere, I will definitely keep them in a self-custody wallet. It's free and I will have all the access.
"Not your key, not your coin"
Is it worth it? Do you really want to withdraw 50 cents from there?
It's not about withdrawing 50 cents or if it's worth it or not. The company said in their email: Either you withdraw each and every cent from you account, or we will charge you 20 USD per month until the end of time. That's why everyone is upset. Nobody cares about the cents. They care about the 240 USD per year that they think they would have to pay for keeping any amount, no matter how small, on that exchange. That's why everyone wants to remove any amount, no matter how small, from that exchange.
So I have like 50 cents in assets and obviously cant withdraw. And dont want to pay like 20 bucks for their "administration fees"
what to do now?
Is it worth it? Do you really want to withdraw 50 cents from there? Unless you add more funds to it, you can not withdraw due to the minimum amount requirement. It is better to just keep it there and move on with life. 50 cents is not a big deal mate. You can buy the same thing in other exchanges which will not require a $20 fee. what to do now?
Sometimes it is better to let go of something than to keep on holding it.
but how are they going to charge the 20 USD from him per month if the assets in there are just $0.5?
They would do the same as his bank would do if his account was in the red: they would send him a letter to the address he provided when he registered, informing him that he still has outstanding fees according to the terms and conditions and that he needs to pay that money.
But at least for EU customers, this fear does not apply.
From their FAQ:
Quote
I only hold small balances in my account; will the default fees take my account into the negative?
For customers that hold an asset balance that is less than the minimum fee, the whole balance will be taken, and no additional amount will be charged thereafter. We will not take your account into a negative balance by charging fees.
For customers that hold an asset balance that is less than the minimum fee, the whole balance will be taken, and no additional amount will be charged thereafter. We will not take your account into a negative balance by charging fees.
So I have like 50 cents in assets and obviously cant withdraw. And dont want to pay like 20 bucks for their "administration fees"
what to do now?
This looks funny to me. Like you mean you want to withdraw 50 cents from your account. How do you intend to do that? I have never seen where someone withdraw 50 cent from their account. It is not even possible and you will have to understand that. 50 cent is not even up to a dollar so what do you intend to do with 50 cent because it have not value to me. Funds less than a dollar can be very difficult to withdraw from exchanges even on your own wallet. Maybe you can fund it then try to withdraw everything added to it. what to do now?
Thats exactly my point. So ... what to do ? I dont wanna pay them 20 bucks to get 50 cents back.
Is that even legal?
according to this ----> https://ln.bitfinex.com/ They support the Lightning Network and you can withdraw using (LN-BTC). Use a wallet that supports the Lightning Network and withdraw your currencies. I think the minimum withdrawal limits are $5 equivalent, so all you need is to deposit $4.5 or ask one of the members to send it to your account. Is that even legal?
Get a job, that's the best way to do if you want to earn $0.5, even you live in third world country, I believe you can earn that by just working for one day.
What you need to know is you need to pay fees when it comes to withdrawing cryptocurrency, especially in centralized exchange.
What you need to know is you need to pay fees when it comes to withdrawing cryptocurrency, especially in centralized exchange.
Thats exactly my point. So ... what to do ? I dont wanna pay them 20 bucks to get 50 cents back.
Is that even legal?
You can sue Bittrex if you want. Is that even legal?
It's more than obvious that he does not care about those few cents.
The problem here is that Bittrex threatened to charge 20 USD per month if users don't withdraw their assets. If the amount is too low, it's impossible to withdraw, but they will still charge you 20 USD per month for not withdrawing. They also admit that they know it's impossible for us to withdraw and avoid the fee:
His concern is now clear, but how are they going to charge the 20 USD from him per month if the assets in there are just $0.5? The problem here is that Bittrex threatened to charge 20 USD per month if users don't withdraw their assets. If the amount is too low, it's impossible to withdraw, but they will still charge you 20 USD per month for not withdrawing. They also admit that they know it's impossible for us to withdraw and avoid the fee:
It's not like they will be withdrawing money from his bank without his approval, hehehe. I would understand if he had BTC in the account worth let say $1,000 which they would keep deducting per month.
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