Exchange with lowest BTC withdrawal Fee?

LbtalkL

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Quote from: JanEmil on June 21, 2018, 05:46:13 AM

Exchange name: altilly
Exchange URL: https://www.altilly.com
Updated bitcoin transaction fee: https://www.altilly.com/page/fees
Source: 0.0006 BTC

Complete information thank you mate, I'm not familiar with this exchange not that popular. I think this is s new exchange they just launch this year.
They have low volume right now but I think I will grow it depends on their reputation I will check this mate thanks.

JanEmil

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Exchange name: altilly
Exchange URL: https://www.altilly.com
Updated bitcoin transaction fee: https://www.altilly.com/page/fees
Source: 0.0006 BTC

LbtalkL

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Quote from: Hamphser on June 17, 2018, 01:28:42 PM

Since its not on the list its an old exchange too but still operational.

https://c-cex.com withdrawal fee wont really be on lowest. Previous months it is on 0.01 but now its been lowered to 0.002 which is still high.It would be great to be add up for other users awareness.

Thanks for your inputs I made some research its really an old exchange since 2014 if I am not mistaken and they are top 155 on coinmarketcap. They also have usd markets I haven't tried this exchange they have fiat to crypto so possibly they have credit card or direct to bank withdrawal. I don't see any sign up button on this exchange?. This exchange has scam accusations how is this true?

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Since its not on the list its an old exchange too but still operational.

https://c-cex.com withdrawal fee wont really be on lowest. Previous months it is on 0.01 but now its been lowered to 0.002 which is still high.It would be great to be add up for other users awareness.

LbtalkL

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Quote from: jerry0 on June 12, 2018, 03:21:33 PM

Can someone explain why shapeshift is on the list? That site is used for exchanging crypto to another so im confused why its there?

Maybe are you confused because shapeshift is a decentralized exchange. "A decentralized exchange is an exchange market that does not rely on third party service to hold customer’s funds". It is different from centralized exchanges like binance, houbi, etc. And the layout of shapeshift is different too unlike IDEX or Etherdelta quiet the same from other centralized exchange shapeshift has its own unique user interface.

Quote from: TheQuin on June 13, 2018, 02:05:48 AM

That's exactly what an exchange is. It converts from one currency to another. Exchanges have the ability to buy and sell one cryptocurrency for another and some also have the ability to exchange for FIAT currencies.

Thanks for the response mate

TheQuin

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Quote from: jerry0 on June 12, 2018, 03:21:33 PM

Can someone explain why shapeshift is on the list? That site is used for exchanging crypto to another so im confused why its there?

That's exactly what an exchange is. It converts from one currency to another. Exchanges have the ability to buy and sell one cryptocurrency for another and some also have the ability to exchange for FIAT currencies.

jerry0

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Can someone explain why shapeshift is on the list? That site is used for exchanging crypto to another so im confused why its there?

LbtalkL

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Update: Added okex and houbi.

I haven't tried this two exchanges but I think they have good reputation and huge trade volumes and in fact they are in the top 10 exchanges.
They are top 1 and top 3 exchanges at the moment. I will add more exchanges to the list soon.

LbtalkL

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Shapeshift fee updated to 0.00027 btc from 0.000085 btc. maybe they have longer and pending transactions, that why they increase the fee.

LbtalkL

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Quote from: slaman29 on March 12, 2018, 07:06:43 AM

Quote from: LbtalkL on March 11, 2018, 10:12:52 AM

I will keep this thread updated thanks to you and to other members for appreciating what I've done here, As this thread grow old. I think I cannot check every exchange now and then but i'm thankful to other members for reminding me that there is changes in fee in a particular exchange.

I've notice that too. some exchange didn't bother to lower their fees. It force me to find an alternative with much lower fee.

It's a really good effort, thank you for this. I had not been aware, for example, that some exchanges I had stopped using precisely because of their increased fees, had already lowered their fees. I think the problem though is that, until these are changed manually, it will be very difficult to keep track of these changes. I think if users start discriminating against these unfair exchanges, we'd force them to be more reasonable. Competition is good for all of us.

Thank for your appreciation mate that's true I cannot check them all the time, but I like magneto and richardsNY suggestions to include the source so that everybody can check it all the time. but some exchange don't have a direct link to their fees we need to manually check on their withdrawal page.

LbtalkL

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Quote from: richardsNY on March 11, 2018, 02:05:46 PM

Coinbase is something that I haven't seen pop up here, while with current network situation, their fees are just a few thousand satoshi, and thus lower than all the exchanges you have in your list (aside from the exchanges with free withdrawals obviously). Granted, their fees may increase again at the time the network starts to get cluttered again -- dynamic fee structure has positive and negative aspects. Gemini offers 10 free withdrawals per month, but starts asking for 0.002 BTC fees once you have used up your 10 free withdrawals. WEX has 0.0003 BTC withdrawal fees.

In format style as suggested by magneto, but slightly tweaked:

Code:

Exchange name: Coinbase
Exchange URL: https://www.coinbase.com/
Fee structure/rate: Dynamic based on network congestion
Source: https://support.coinbase.com/customer/portal/articles/2109597-buy-sell-bank-transfer-fees

Code:

Exchange name: Gemini
Exchange URL: https://gemini.com
Fee structure/rate: 10 free withdrawals per month, 0.002 BTC after the free withdrawals
Source: https://gemini.com/transfer-fee-schedule/

Code:

Exchange name: WEX
Exchange URL: https://wex.nz
Fee structure/rate: 0.0003 BTC
Source: https://wex.nz/fees

Thanks for your Inputs and suggestion I will work into it. I'm just waiting for someone to suggest coinbase because I'm not really using it, trading in coinbase is not available in my country, its function is just like a wallet here in asia.

Hi sir, what do you think is much better a table like this or code type?

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Exchanges

slaman29

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Quote from: LbtalkL on March 11, 2018, 10:12:52 AM

I will keep this thread updated thanks to you and to other members for appreciating what I've done here, As this thread grow old. I think I cannot check every exchange now and then but i'm thankful to other members for reminding me that there is changes in fee in a particular exchange.

I've notice that too. some exchange didn't bother to lower their fees. It force me to find an alternative with much lower fee.

It's a really good effort, thank you for this. I had not been aware, for example, that some exchanges I had stopped using precisely because of their increased fees, had already lowered their fees. I think the problem though is that, until these are changed manually, it will be very difficult to keep track of these changes. I think if users start discriminating against these unfair exchanges, we'd force them to be more reasonable. Competition is good for all of us.

richardsNY

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Coinbase is something that I haven't seen pop up here, while with current network situation, their fees are just a few thousand satoshi, and thus lower than all the exchanges you have in your list (aside from the exchanges with free withdrawals obviously). Granted, their fees may increase again at the time the network starts to get cluttered again -- dynamic fee structure has positive and negative aspects. Gemini offers 10 free withdrawals per month, but starts asking for 0.002 BTC fees once you have used up your 10 free withdrawals. WEX has 0.0003 BTC withdrawal fees.

In format style as suggested by magneto, but slightly tweaked:

Code:

Exchange name: Coinbase
Exchange URL: https://www.coinbase.com/
Fee structure/rate: Dynamic based on network congestion
Source: https://support.coinbase.com/customer/portal/articles/2109597-buy-sell-bank-transfer-fees

Code:

Exchange name: Gemini
Exchange URL: https://gemini.com
Fee structure/rate: 10 free withdrawals per month, 0.002 BTC after the free withdrawals
Source: https://gemini.com/transfer-fee-schedule/

Code:

Exchange name: WEX
Exchange URL: https://wex.nz
Fee structure/rate: 0.0003 BTC
Source: https://wex.nz/fees

LbtalkL

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Quote from: izay on March 09, 2018, 09:08:50 AM

This is really helpful for everyone especially for newbies out there like me. Having this kind of guidelines will make us aware and get updated on every fees circulating on different exchanges sites. Looking forward for more additional sites that offer less fees for us to save and have smooth transaction as well.

Thanks for visiting, If you knew a site that is not listed on 1st page, I'm happy to add it on the list. Wink

Quote from: khufuking on March 09, 2018, 09:15:59 AM

Your list are so useful a lot of people asking this question repeatedly , so making a list is really a good thing . Just put in mind that this fees as stated above is changeable from time to time so I hope you keep this thread updated .

One thing I really do not understand a lot of this exchanges with 0.001 fee did not decreased there fees back after the load on the network become low . They just increase and never decrease back which I think is unacceptable .

I will keep this thread updated thanks to you and to other members for appreciating what I've done here, As this thread grow old. I think I cannot check every exchange now and then but i'm thankful to other members for reminding me that there is changes in fee in a particular exchange.

I've notice that too. some exchange didn't bother to lower their fees. It force me to find an alternative with much lower fee.

khufuking

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Your list are so useful a lot of people asking this question repeatedly , so making a list is really a good thing . Just put in mind that this fees as stated above is changeable from time to time so I hope you keep this thread updated .

One thing I really do not understand a lot of this exchanges with 0.001 fee did not decreased there fees back after the load on the network become low . They just increase and never decrease back which I think is unacceptable .

izay

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This is really helpful for everyone especially for newbies out there like me. Having this kind of guidelines will make us aware and get updated on every fees circulating on different exchanges sites. Looking forward for more additional sites that offer less fees for us to save and have smooth transaction as well.

LbtalkL

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Activity: 1176

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Quote from: timerland on March 08, 2018, 02:38:17 AM

Thanks for opening and maintaining this list, because for small time traders this information is especially important for them. A 0.0005 BTC difference in fees can easily result in a loss in an otherwise winning trade if your trades are small.

Perhaps do this in a table form instead of an image though, since it is easier to update and maintain?

Also, 1. binance has lowered their fees to 0.0005 BTC due to the lower bitcoin transaction fee right now: https://www.reddit.com/r/CryptoCurrency/comments/81ck40/binance_btc_withdrawal_fees_reduced_50_to_00005/. Please update that in the OP.

2. Bittrex has a withdrawal fee for BTC of 0.001 BTC. Please add that in as well, cheers!

Thanks for your suggestion, I tried to do it on table but it doesn't work the table dont appear.
I use tr and td. I dont know maybe members limitations? I'm going to figure it out.
Thanks for updating withdrawal fee details.

Quote from: xianbits on March 08, 2018, 02:55:06 AM

Out of those exchanges, I guess only 4 of them have good volumes and are positively reviewed by most users. While these withdrawal fees are really good for us, let's also be careful where to put our money.
Thanks for tabulating it and for helping the community with this thought.

Thanks for passing by I will continue updating this as long as I'm online.

Quote from: TheQuin on March 08, 2018, 03:25:29 AM

You could add Bitfinex to list, their current withdrawal fee is 0.0004BTC, but like most they do update that periodically so it might be difficult to keep this list up to date.
Then there's also Bittrex that has a fee of 0.001BTC that doesn't seem to change.

I will add it to the list mate. Thanks for yout inputs

Quote from: Zocadas on March 08, 2018, 07:17:25 PM

This is a really helpful thread. Maybe we could list also tradsatoshi. They have sometimes interesting exchange rates, but I am still considering, whether I should register there (so I actually don't know the fees). Often, other pitfalls like extremely high withdraw-fees or other unpleasant surprises are to be expected at such unusual exchange rates.

Thanks for your appreciation mate, This thread really helps me and other members who is new to cryptocurrency.
I rescently registered to tradesatoshi yes they have quiet have a higher withdrawal fee compared to other exchanges, Amounting 0.002 btc.

Quote from: lite on March 08, 2018, 09:19:30 PM

Can you add kraken,bitstamp and gdax on the list? kraken has 50k sats withdrawal fee, bitstamp and gdax have no withdrawal fee.

This is very interesting so there are exchange with no withdrawal fee. how about their minimum withdrawal amount? I surely visit that site. Thanks mate.

Quote from: magneto on March 09, 2018, 02:18:22 AM

You should definitely add a format for new additions. E.g.:

Code:

Exchange name:
Exchange URL:
Updated bitcoin transaction fee:
Source:

The initiative is great, I think. But it's not going to work updating an image all the time. It's better to have text in the OP and just update the text every once in a while with new additions coming in. Editing text is simpler than image.

And yes, Bitfinex, Bittrex, Kraken, Bitstapm, they're all missing from this list.

I think your right it is much easier to update anything if it is in text. Thanks mate I will update this thread soon.
I will surely add that to the list.

magneto

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You should definitely add a format for new additions. E.g.:

Code:

Exchange name:
Exchange URL:
Updated bitcoin transaction fee:
Source:

The initiative is great, I think. But it's not going to work updating an image all the time. It's better to have text in the OP and just update the text every once in a while with new additions coming in. Editing text is simpler than image.

And yes, Bitfinex, Bittrex, Kraken, Bitstapm, they're all missing from this list.

lite

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Can you add kraken,bitstamp and gdax on the list? kraken has 50k sats withdrawal fee, bitstamp and gdax have no withdrawal fee.

Zocadas

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This is a really helpful thread. Maybe we could list also tradsatoshi. They have sometimes interesting exchange rates, but I am still considering, whether I should register there (so I actually don't know the fees). Often, other pitfalls like extremely high withdraw-fees or other unpleasant surprises are to be expected at such unusual exchange rates.

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