Where are you trading? I have no such experience with such high withrawal fees.
On decentralized exchanges there are no deposit and withdrawal fees, you only pay for Ethreum transaction.
Topic: exchange fees that no one talks about - page 3. (Read 615 times)
Market makers are in this business for reasons and they also look for opportunities like other traders. Every pip they got from spread bertween bid and ask rates can be base for future profits.
In order not to fall into such unpleasant situations when you have deposited a significant amount of money in your exchange account, and then you have to pay very high commissions for withdrawal - before you make your deposit you should always check and familiarize yourself with the commissions of this exchange. This will allow you to avoid significant costs.
I usually will avoid exchange with high withdrawal fee. For goodness sake, $10 is way too expensive, some exchange owners want to be super rich at the expense of their customers. If we begin to avoid such exchanges, they will have to work out a better way and cut down on transaction fees. They should incorporate a Segwit activated wallet as much as possible.
how is it that every one is complaining about bitcoin high fees etc. but they arent talking about the ridiculous exchange withdrawal fees? these fees cost 10$ usd. that is sky high fees. this is tradesatoshi site. other site were charging alot too. u want to send and receive but these exchanges are making more money that the miners. where are you guys going to send and withdrawing your coins? these exchanges charging a dime for the withdrawal fees is not going to drive up adoption. i rather transact with a visa card. imagine buying some kfc and ur sending bitcoins through but get charge 10$ extra because exchange fees. thats bs.
Every exchange has diffrent fee. The paradox is that the smaller exchanges have higher fees. That is why Binance is the bigest one because they offer almost zero trading and transfer fees.
It is basically reason why there is more than 100 exchange 
Everybody wants to take that easy money.
Everybody wants to take that easy money.
how is it that every one is complaining about bitcoin high fees etc. but they arent talking about the ridiculous exchange withdrawal fees? these fees cost 10$ usd. that is sky high fees. this is tradesatoshi site. other site were charging alot too. u want to send and receive but these exchanges are making more money that the miners. where are you guys going to send and withdrawing your coins? these exchanges charging a dime for the withdrawal fees is not going to drive up adoption. i rather transact with a visa card. imagine buying some kfc and ur sending bitcoins through but get charge 10$ extra because exchange fees. thats bs.
that title sounds like what I would see on you-tube but to you point, there are other exchanges that do not charge much in fees and you're free to move from exchange to exchange to see what fits your needs. It's their business so there is not much to say on how they should run it other than switching platform.
how is it that every one is complaining about bitcoin high fees etc. but they arent talking about the ridiculous exchange withdrawal fees? these fees cost 10$ usd. that is sky high fees. this is tradesatoshi site. other site were charging alot too. u want to send and receive but these exchanges are making more money that the miners. where are you guys going to send and withdrawing your coins? these exchanges charging a dime for the withdrawal fees is not going to drive up adoption. i rather transact with a visa card. imagine buying some kfc and ur sending bitcoins through but get charge 10$ extra because exchange fees. thats bs.
I do not see an exchange platform that does not charge a transaction fee who withdraw coins. Almost all of the exchange in bitcoin/crypto trading whether decentralized or centralized they had their transaction fee in every withdrawal. Then most of the fee in the top 10 exchange platform in the market was below 10$.
The withdrawal fees are somewhat tied to the mining fees, but yeah, heavily overpriced over it. This is one of the steadiest rent-seeking and profit sources for the exchanges. They are acting not much different than banks, so far.
Exhanges earns a lot of profit through the fees, from trading up to withdrawal of your money they have cost so its hard to stop them from being over price. Well, it is still cheaper and a faster transactions compare if you use banks to transact around world.
Try to use more modern crypto currencies like Litecoin or Ethereum. The Fees by such coins are much lower and you won't face such problems at all. Moreover, with Ethereum hardfork the devs are promising to reduce the fees.
Given the fact that hunters are now paying too little ... This is robbery). If you get $ 4 - $ 10 on the bounty, you still have to. Only still it would be necessary to find money for transaction) how is it that every one is complaining about bitcoin high fees etc. but they arent talking about the ridiculous exchange withdrawal fees? these fees cost 10$ usd. that is sky high fees. this is tradesatoshi site. other site were charging alot too. u want to send and receive but these exchanges are making more money that the miners. where are you guys going to send and withdrawing your coins? these exchanges charging a dime for the withdrawal fees is not going to drive up adoption. i rather transact with a visa card. imagine buying some kfc and ur sending bitcoins through but get charge 10$ extra because exchange fees. thats bs.
You can never know how many inputs an average deposit transaction takes.When the mempool was filled, many people needed to pay upwards of $1000 in tx fees simply because of a HUGE number of inputs that increased the size of the transaction.
Ethereum, Bitcoin cash and Stellar ALL have smaller withdrawal fees on exchanges EXACTLY because their tx fees never got as high as those of btc. It's all connected.
how is it that every one is complaining about bitcoin high fees etc. but they arent talking about the ridiculous exchange withdrawal fees? these fees cost 10$ usd. that is sky high fees. this is tradesatoshi site. other site were charging alot too. u want to send and receive but these exchanges are making more money that the miners. where are you guys going to send and withdrawing your coins? these exchanges charging a dime for the withdrawal fees is not going to drive up adoption. i rather transact with a visa card. imagine buying some kfc and ur sending bitcoins through but get charge 10$ extra because exchange fees. thats bs.
You're right. I did not know that tradesatoshi wants as much as $10 for withdrawal, but those exchanges I know want about $4 and it also is a lot in my opinion. Only decentralized exchanges have a relatively small fee. That is why I think that it is the decentralized exchanges that are the future for the cryptocurrency market.
Yes i agree with you on this, we are paying great ammount of money to exchanges and i believe there is no cure for it right now. There are too many altcoins, maybe more than 3.000 and so there are too many exchanges and they are making their own rules and we need to use them for trading, there is no escape for that. There should be some exchanges that you can trade all tokens there otherwise we have to stick with many exchanges with their high fees.
I recently stumbled upon the fact that the exchange has limited the number of tokens that can be displayed. The minimum transaction there was 100,000 tokens. Absolutely gone. The exchanges also create problems.
it is because bitcoin is decentralized and the fees are network fees, while exchanges are centralized and the fees are the cost of using their services. if you don't like them here is not the place to complain, you should complain to the exchanges and their support instead.
additionally it is about the fact that not everyone uses exchanges. so you only have a smaller portion of the community that get involved with exchanges while the rest never even visit an exchange in their lives. but everyone uses bitcoin.
p.s i am not saying you are wrong though. i agree that they are charging outrageous fees.
BitcoinTalk is a forum about Bitcoin and Crypto-currency. So that means every topic that connected to Bitcoin and involve its users is considered as important matter. Since the topic is about Huge transaction fees on exchange and i believe most people involve in cryptocurrency has already experienced it. I think the topic is important matter since including me are also experiencing that frequently when im doing a withdrawal. But not all exchange is deducting that $10 dollars withdrawal fees on Bitcoin as per my experienced is concern. additionally it is about the fact that not everyone uses exchanges. so you only have a smaller portion of the community that get involved with exchanges while the rest never even visit an exchange in their lives. but everyone uses bitcoin.
p.s i am not saying you are wrong though. i agree that they are charging outrageous fees.
The withdrawal fees are somewhat tied to the mining fees, but yeah, heavily overpriced over it. This is one of the steadiest rent-seeking and profit sources for the exchanges. They are acting not much different than banks, so far.
Exhanges earns a lot of profit through the fees, from trading up to withdrawal of your money they have cost so its hard to stop them from being over price. Well, it is still cheaper and a faster transactions compare if you use banks to transact around world. 
how is it that every one is complaining about bitcoin high fees etc. but they arent talking about the ridiculous exchange withdrawal fees? these fees cost 10$ usd. that is sky high fees. this is tradesatoshi site. other site were charging alot too. u want to send and receive but these exchanges are making more money that the miners. where are you guys going to send and withdrawing your coins? these exchanges charging a dime for the withdrawal fees is not going to drive up adoption. i rather transact with a visa card. imagine buying some kfc and ur sending bitcoins through but get charge 10$ extra because exchange fees. thats bs.
lol
You don't need an exchange to use transactions in Bitcoin Network. Start here please https://bitcoin.org/en/getting-startedIf you need to trade then you must to pay fees for a service.
I think all these projects are based on profit. This is a tricky strategy. However, I think that to support the work of the exchange you need qualified personnel. Whatever money is stolen. Therefore, from these commissions, the exchanges pay their employees and bear other expenses.
Yep, that's how abusive they can charge. Sadly there is nothing you can do to it but to move to a cheaper exchanges link binance where you will have to also buy BNB for the trade fees. Make sense why there is huge volume to this exchange particularly because of this charges.
You can choose coins with lower fees. One of them is the NEO and the other is the XRP. Both commission rates are lower and faster than other coins.
There's a tip why XRP has bigger volume because its a way to make money out of it.
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