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Topic: exchange withdraw fees (Read 92 times)

hero member
Activity: 896
Merit: 504
December 29, 2017, 04:26:00 AM
#4
Polo is the least else you need to use ethereum exchanges that charge 0.005-0.01 ETH which is again expensive as ETh price is above 750-800. You can use something like mercatox where you can select the price of withdrawal but it again starts at 50k satoshi as your transaction may never get confirmed if you use a small fee. The best option for you is only withdrawing/trading your amount/tokens in ETH and then sell it at polo in BTC with a total fee of 50k satoshi.

thanks, i am doing the same with dogecoin, trading on cryptopia (220k withdraw fee in satoshis, i need to use cryptopia because this is the only exchange for electroneum we are mining), sending to poloniex for 3 doge fee, selling doge for BTC and withdrawing. I think the best is to cumulate a lot of BTC and withdraw at once.
legendary
Activity: 2632
Merit: 1094
December 29, 2017, 04:02:04 AM
#3
Polo is the least else you need to use ethereum exchanges that charge 0.005-0.01 ETH which is again expensive as ETh price is above 750-800. You can use something like mercatox where you can select the price of withdrawal but it again starts at 50k satoshi as your transaction may never get confirmed if you use a small fee. The best option for you is only withdrawing/trading your amount/tokens in ETH and then sell it at polo in BTC with a total fee of 50k satoshi.
hero member
Activity: 2674
Merit: 865
yesssir! 🫡
December 29, 2017, 12:10:02 AM
#2
From what I know, Despite the price increase polo still holds the cheapest bitcoin withdrawal fee (miner fee), The second one would be hitbtc which is 85K sats and then the average would be .001BTC but please note that most of them changes their withdrawal fee depending on the current network condition, for example if the network is congested then the fee will obviously increase.

And most exchanges will allow you to trade <500k sats and if by any chance they don't, there will be a caution sign so you'll be fine as long as you pay attention on your surroundings.
hero member
Activity: 896
Merit: 504
December 28, 2017, 07:08:02 PM
#1
Hello there,

is there some list for btc withdraw fees on exchanges? I used poloniex to withdraw my BTC, there was a fee of 10k satoshis.  now the fee is 50k satoshis (on other exchanges i am registered the fee is 200k satoshis or more, and that is a lot of money nowadays).
i want to know, where to trade and withdraw small amounts (<500k satoshis), with minimum btc withdraw fee

thanks for advices
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