Exbet Product Update:
- Users will now stay logged in on Exbet for 12 hours (unless they explicitly log out).
We hope this improves the trading UX for users.
Might be of particular interest to you, ziadmar!
Oh yes! I've noticed this today! this is awesome! keep up the good work!
We're happy it was a positive change for you
Regarding the withdrawal limit, is it per day? The withdrawal fee (0.272 mB) is a bit high, especially if there’s a withdrawal limit. So for example, if I need to withdraw 5000 USD, I need to make 2 withdrawals and pay the withdrawal fee twice?
I guess it is per day since I observed this in most crypto gambling sites and I agree that the withdrawal fee is high which is why it's better if they reduce this fee or add more cryptocurrencies whose fees are lower in comparison.
If neither of these improvements are made, some gamblers could probably shift to other sites where they wouldn't need to deal with these issues.
I read somewhere that you need to complete your KYC in order to increase your withdrawal limits though it's better to verify this with their customer support.
The withdrawal fee on Exbet consists only of what the Bitcoin blockchain itself requires to process the transaction. Unlike many other exchanges and sportsbooks, Exbet does not add any extra margin on top of the basic Bitcoin blockchain transaction fee. A small but significant advantage for Exbet users.
The withdrawal limit is per transaction. So, in your example - yes, you would need to make two withdrawals. As Haunebu says, once an Exbet user has completed KYC, the per transaction limit is substantially increased. These issues are described in more details in Section 5 of Exbet's T&Cs:
https://exbet.io/terms-and-conditions.
Transaction fees on many popular blockchains (Bitcoin, Ethereum) are high at the moment, mostly due to increased prices of the core token and/or increased number of transactions. At Exbet we are always looking at ways to minimize costs for our users, and we are considering adding alternative deposit/withdraw options later in 2021. More news on that as we have it.