It's a welcome development especially at this time that market is in a good frenzy condition. I hope other exchange can also do this so it can be a uniform thing.
That's right, because the average crypto market is currently in improved condition, and it would be very good if we want to make a few trades on tokens that are experiencing a price increase so far. 
Topic: Did you notice top exchanges reduced the withdrawal fee? - page 2. (Read 567 times)
I think this is their way to attract traders to use their exchanges by lowering the withdrawal fee, but after looking at today's rate if the fee is 0.01 ETH I think it's quite large and therefore they lower it. Although maybe another effect is that transaction confirmation requires a little time.
It's a welcome development especially at this time that market is in a good frenzy condition. I hope other exchange can also do this so it can be a uniform thing.
I think every exchange will follow this great decision to keep their traders active otherwise traders will move on tho these exchanges, because there is no exchanges are better than Binance, Okex, Huobi! Kudos to OKEx team for taking this great decision at first which is making other exchange to follow the same path!
It was really a great decision from the top tier exchanges, because of withdrawal fee was very high, even I stopped withdrawing for every day as it took 7-8$ fee every time. But now they reduced it by 50%, so traders like me who doesn't feel exchange safe enough for storing coins, they will gladly withdraw after every profit!
It's a welcome development especially at this time that market is in a good frenzy condition. I hope other exchange can also do this so it can be a uniform thing.
This is great news for every crypto trader that all the top exchanges like Binance, Okex, Kucoin, Huobi reduced the withdrawal fee by 50%! At this moment the Ethereum withdrawal fee is 0.005 ETH, which was 0.01 ETH in all these exchanges!
Honestly i am rare to use ETH when withdraw from exchange. But i think it is good especially if price of the coin keep increased. Means the exchanger really flexible when take withdrawal fees from their users and it is not stagnan. Is this the effect of rising coin prices so that the withdrawal fee reduces by half by 50%? or is there another event so that this offer will be valid for a few months?
Of course I am happy to hear that a large exchange reduces the withdrawal fee by 50%. I hope it will be so long that there will be many withdrawals.
This is great news for every crypto trader that all the top exchanges like Binance, Okex, Kucoin, Huobi reduced the withdrawal fee by 50%! At this moment the Ethereum withdrawal fee is 0.005 ETH, which was 0.01 ETH in all these exchanges!
Honestly i am rare to use ETH when withdraw from exchange. But i think it is good especially if price of the coin keep increased. Means the exchanger really flexible when take withdrawal fees from their users and it is not stagnan. This is great news for every crypto trader that all the top exchanges like Binance, Okex, Kucoin, Huobi reduced the withdrawal fee by 50%! At this moment the Ethereum withdrawal fee is 0.005 ETH, which was 0.01 ETH in all these exchanges!
Best alternative for the current period is to reduce fees, because trade accumulation and competition are starting to be high. maybe later it could be normal again after this phenomenon is finished. many well-known exchanges have collapsed because of regulations that burden users.
This is great news for every crypto trader that all the top exchanges like Binance, Okex, Kucoin, Huobi reduced the withdrawal fee by 50%! At this moment the Ethereum withdrawal fee is 0.005 ETH, which was 0.01 ETH in all these exchanges!
Honestly i am rare to use ETH when withdraw from exchange. But i think it is good especially if price of the coin keep increased. Means the exchanger really flexible when take withdrawal fees from their users and it is not stagnan. 
This is good news but it might also help if they reduced the BTC withdraw fees as well which are generally disproportionate to a lot of alternatives making it much cheaper to withdraw funds using altcoins like Ethereum rather than Bitcoin itself
For some of the big whales or big investors they might not noticed this or maybe they didn't care about this kind of reduced withdrawal fee however for the traders who doesn't have much cryptocurrency to trade (Like me lol) I think these new fee would really make us happy, however in my opinion i think i experienced a higher fee for bitcoin and the other coin have a low fee.
I didn't checked it yet but may i ask if they only reduced their fee in ethereum coin? or all of the coin as well including bitcoin?
I didn't checked it yet but may i ask if they only reduced their fee in ethereum coin? or all of the coin as well including bitcoin?
Just make sure that exchanges are secured even they have bigger fees as long as the support serves their purpose and we are able to use the exchange better and satisfied in their performance.
Yes, this is the main thing to see whether the exchange is trusted enough or not. Many exchanges did hold the user's big amount of withdrawal, even I heard Hitbtc did it many times when the user tried to withdraw the fund. But still, top exchanges should have reduced the fee long ago to make traders comfortable to withdraw their money, as the did now, so I think there will be no issue about withdrawing funds. It's better late than never.
This is great news for every crypto trader that all the top exchanges like Binance, Okex, Kucoin, Huobi reduced the withdrawal fee by 50%! At this moment the Ethereum withdrawal fee is 0.005 ETH, which was 0.01 ETH in all these exchanges!
That's really great news for traders. Probably it's happening because of increasing most of crypto asset values. Most valuable exchanges are realize that it's important to adjust between crypto and FIAT money value. But i don't understand then why still Hitbtc don't reduce their withdrawal fee (its extremely huge).
What are they trying to proof actually.. 
This is great news for every crypto trader that all the top exchanges like Binance, Okex, Kucoin, Huobi reduced the withdrawal fee by 50%! At this moment the Ethereum withdrawal fee is 0.005 ETH, which was 0.01 ETH in all these exchanges!
Honestly i am rare to use ETH when withdraw from exchange. But i think it is good especially if price of the coin keep increased. Means the exchanger really flexible when take withdrawal fees from their users and it is not stagnan. 
Cryptocurrency users are forced to register with a large number of exchanges, because some of the tokens are only traded in one or two minor exchanges. So bounty hunters need to create accounts in dozens of exchanges, so that they could convert some of their earnings to hard cash. And the exchanges were taking advantage of this and fleecing them. Now the bounty campaigns are a shadow of the former self and the number of users registering to smaller exchanges have decreased. As a result, the exchanges are now being forced to reduce their fees.
This is great news for every crypto trader that all the top exchanges like Binance, Okex, Kucoin, Huobi reduced the withdrawal fee by 50%! At this moment the Ethereum withdrawal fee is 0.005 ETH, which was 0.01 ETH in all these exchanges!
Yes I noticed it too and it's more than overwhelming, and that's also part of the reason these exchanges keeps beating others. Seriously charging more than enough for withdrawal isn't good and makes one to wonder if we are really ready for what the future holds. At the same time there are exchanges which are yet to reduce theirs, I withdrew from one today and the fee was still 0.01Eth. Lastly I like the way it is going among these exchanges at least it would make them more serious.
It also helps a lot of people who uses exchanges like a wallet. I know that is very dangerous and should be avoided at all costs, however some people do not want to just have a wallet installed on their computer, its usually downright tiresome to run a wallet on your computer all the time and when you want to cash out to fiat you will still have to send money to an exchange anyway.
So, if you do not hold too much money on exchanges and just use it as a way of getting paid, this just helped you like insane. Not everyone makes thousands of dollars per sale so whenever you sell something for 5-10 dollars, this helps you out by bringing the threshold of reasonable withdrawal amount by a lot. I used to withdraw when I had 50 bucks saved up, now I can probably do it for 20 or 30 dollars.
So, if you do not hold too much money on exchanges and just use it as a way of getting paid, this just helped you like insane. Not everyone makes thousands of dollars per sale so whenever you sell something for 5-10 dollars, this helps you out by bringing the threshold of reasonable withdrawal amount by a lot. I used to withdraw when I had 50 bucks saved up, now I can probably do it for 20 or 30 dollars.
Yes it's really good decision by top cryptocurrency exchanges to reduce withdrawal fee the deduction of ethereum withdrawal fee is really impressive as well there is no doubt that this is happened because of huge competition between top exchanges anyway this is absolutely a positive sign for cryptocurrency traders hopefully it will continue for a long time.
I think this was all started when Binance reduced all its withdrawal fee on major coins then suddenly all of this top exchanges followed what Binance did. But still based on what I knew, Binance is the lowest withdrawal fee among all this exchanges. Its a good thing since they knew that bull run will come thats why they reduced all withdrawal fees.
No, mate, it did not start from Binance, rather OKex was first. After oKex reduced the fee, Kucoin, and Binance followed them. I think many exchange already did this to stay in the competition. Because higher withdrawal fee really sucks and most of the trader doesn't like it But now everyone in the crypto space is very happy!
Well that is good news to traders in the top exchanges, they should reduce it because the prices of cryptocurrencies are increasing. I didn't notice the reduce of withdrawal fee because I always convert xrp when transferring my funds.
I also convert mine in XRP or LTC since it more cheaper and noticeable unlike in BTC that the price is vividly shown. Just make sure that exchanges are secured even they have bigger fees as long as the support serves their purpose and we are able to use the exchange better and satisfied in their performance. Jump to: