Hitbtc unrealistic deposit and withdrawal fees

WalkerIVIV

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Quote from: jpoker272727 on October 03, 2018, 10:57:40 AM

Quote from: AgentZero23 on September 17, 2018, 03:29:09 PM

Quote from: toygg on February 10, 2018, 08:50:42 AM

Hitbtc's deposit and withdrawal fees are absolutely ridiculous. For example, ETBS which I want to trade on HITBTC, it costs 30+ ETBS just for the deposit fee. Its equivalent to $60USD+. It is hindering the growth of token's prices. What should I do if the token of mine is only listed on Hitbtc and coinexchange(0 trading volume)? Etherdelta is the last option but no one really uses it.

I've used Hitbtc once and to be honest the platform is really great and my deposit and withdrawal was fast. The downside was the withdrawal and trading fees are so high and you can't trade your tokens if it's less than 100. Unlike in other exchanges you can trade your tokens even if it's less than 100. I would avoid to use hitbtc for now.

Hitbtc is totally a mess on fees. but regarding on the thing you said about ETHERDELTA, it is a good platform to trade than hitbtc because of the fee! i am serious if the token only have hitbtc and etherdelta you can see more volume on ED than hitbtc as long as they are collecting super high fee.
Hitbtc will be gone soon if they continue doing this.

Stop compare etherdelta which has no daoly trade volume with hitbtc that has gained a lot of daily trade volume. Etherdelta is a trash and why? because the developer of ED can't even create such a good DEX just like IDEX which has adopted the centralized exchange site as the main system to be combined with DEX.

buharikx31

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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

Quote from: toygg on February 10, 2018, 08:50:42 AM

Hitbtc's deposit and withdrawal fees are absolutely ridiculous. For example, ETBS which I want to trade on HITBTC, it costs 30+ ETBS just for the deposit fee. Its equivalent to $60USD+. It is hindering the growth of token's prices. What should I do if the token of mine is only listed on Hitbtc and coinexchange(0 trading volume)? Etherdelta is the last option but no one really uses it.

Yeah, tokens should consider different exchanges etherdelta not that popular because it's decentralized exchange. The whole exchange it's not that easy to use there is other platforms that takes lower fees and same level of privacy and level of service

TastyChillySauce00

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Quote from: jpoker272727 on October 03, 2018, 10:57:40 AM

Quote from: AgentZero23 on September 17, 2018, 03:29:09 PM

Quote from: toygg on February 10, 2018, 08:50:42 AM

Hitbtc's deposit and withdrawal fees are absolutely ridiculous. For example, ETBS which I want to trade on HITBTC, it costs 30+ ETBS just for the deposit fee. Its equivalent to $60USD+. It is hindering the growth of token's prices. What should I do if the token of mine is only listed on Hitbtc and coinexchange(0 trading volume)? Etherdelta is the last option but no one really uses it.

I've used Hitbtc once and to be honest the platform is really great and my deposit and withdrawal was fast. The downside was the withdrawal and trading fees are so high and you can't trade your tokens if it's less than 100. Unlike in other exchanges you can trade your tokens even if it's less than 100. I would avoid to use hitbtc for now.

Hitbtc is totally a mess on fees. but regarding on the thing you said about ETHERDELTA, it is a good platform to trade than hitbtc because of the fee! i am serious if the token only have hitbtc and etherdelta you can see more volume on ED than hitbtc as long as they are collecting super high fee.
Hitbtc will be gone soon if they continue doing this.

That's the problem with centralized exchange, most of them are setting ridiculous fee to gain as much profit as they can, another case is when the BTC requires high network fee to be sent. After the lightning network deployed and the required network fee drastically decreased, their withdrawal fee still the same anyway, I'm talking about centralized exchanges and majority of them.

cchub

full member

Activity: 560

Merit: 101

Migranet ITO

Hitbtc is also absurd in other aspects! They don't let me withdraw or trade less than 1000 TRON. It should be 500 not 1000 the minimum.

ivanleon

jr. member

Activity: 280

Merit: 1

I do not like the exchange Hitbtc, as it is necessary to sell there with multiplicity,this is when the number of tokens sold should be divided by a certain decimal number. As a result, all tokens are not sold. Why is it done?

lusiaga

sr. member

Activity: 518

Merit: 250

I also regret the policy of hitbtc like that. even though they are one of the best exchangers, they should make cheap withdrawal or deposite fees to be the best among other exchanger competitors.

tamango

full member

Activity: 602

Merit: 100

I really don't like HITBTC because they have ridicoulous high fees compared to their main competitors... there are a lot of good exchanges now with good liquidity so I really just don't need HITBTC.

jpoker272727

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Activity: 1137

Merit: 1000

Quote from: AgentZero23 on September 17, 2018, 03:29:09 PM

Quote from: toygg on February 10, 2018, 08:50:42 AM

Hitbtc's deposit and withdrawal fees are absolutely ridiculous. For example, ETBS which I want to trade on HITBTC, it costs 30+ ETBS just for the deposit fee. Its equivalent to $60USD+. It is hindering the growth of token's prices. What should I do if the token of mine is only listed on Hitbtc and coinexchange(0 trading volume)? Etherdelta is the last option but no one really uses it.

I've used Hitbtc once and to be honest the platform is really great and my deposit and withdrawal was fast. The downside was the withdrawal and trading fees are so high and you can't trade your tokens if it's less than 100. Unlike in other exchanges you can trade your tokens even if it's less than 100. I would avoid to use hitbtc for now.

Hitbtc is totally a mess on fees. but regarding on the thing you said about ETHERDELTA, it is a good platform to trade than hitbtc because of the fee! i am serious if the token only have hitbtc and etherdelta you can see more volume on ED than hitbtc as long as they are collecting super high fee.
Hitbtc will be gone soon if they continue doing this.

AgentZero23

member

Activity: 644

Merit: 10

Quote from: toygg on February 10, 2018, 08:50:42 AM

Hitbtc's deposit and withdrawal fees are absolutely ridiculous. For example, ETBS which I want to trade on HITBTC, it costs 30+ ETBS just for the deposit fee. Its equivalent to $60USD+. It is hindering the growth of token's prices. What should I do if the token of mine is only listed on Hitbtc and coinexchange(0 trading volume)? Etherdelta is the last option but no one really uses it.

I've used Hitbtc once and to be honest the platform is really great and my deposit and withdrawal was fast. The downside was the withdrawal and trading fees are so high and you can't trade your tokens if it's less than 100. Unlike in other exchanges you can trade your tokens even if it's less than 100. I would avoid to use hitbtc for now.

jpoker272727

legendary

Activity: 1137

Merit: 1000

Quote from: so_stupid on August 13, 2018, 01:28:27 PM

Quote from: kingvirtus09 on August 08, 2018, 07:00:19 PM

It makes me confuse everytime i attempted to trade on their exchange. The withdrawal fees is bigger than my daily meal when i sold my tokens. I hope they can fix this.
HITBTC is one of the exchanges that i'm aiming for.

I also sell tokens mainly on this exchange. I like how it works, the design itself. But the commission is still at a very high level.

The increased fee sucks.

so_stupid

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Bitgesell (BGL) Decentralized Cryptocurrency!

Quote from: kingvirtus09 on August 08, 2018, 07:00:19 PM

It makes me confuse everytime i attempted to trade on their exchange. The withdrawal fees is bigger than my daily meal when i sold my tokens. I hope they can fix this.
HITBTC is one of the exchanges that i'm aiming for.

I also sell tokens mainly on this exchange. I like how it works, the design itself. But the commission is still at a very high level.

matedrink24

member

Activity: 188

Merit: 10

DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO

I have the same problem. fee withdraw is very unreasonable. i have to deposit 1000 tokens to sell but the token withdrawal fee is over 1000. for USDT the feedraw is $ 45 a very high number.

Hunter$

newbie

Activity: 1

Merit: 0

Well, it might sound like an eye-opening thing but exchanges are created to earn money. When you gain enough, you won't take care about the fees as final income exceeds the expectations.

kingvirtus09

full member

Activity: 770

Merit: 106

It makes me confuse everytime i attempted to trade on their exchange. The withdrawal fees is bigger than my daily meal when i sold my tokens. I hope they can fix this.
HITBTC is one of the exchanges that i'm aiming for.

Xiao Mei Mei

newbie

Activity: 291

Merit: 0

I agree with you, because in my opinion fee of the exchange hitbtc is very big.

louisBSAS

member

Activity: 623

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Proof-of-Stake Blockchain Network

I try not to trade on this exchange because of very large commissions. If you are standing before choosing whether to trade on it or not to trade at all - take into account commissions in advance and calculate your earnings.

saint647

newbie

Activity: 31

Merit: 0

The high fees of exchanges are always influenced by market Activities, in this case Hitbtc fees going up to $60 is very high in my opinion but I have not witnessed this with the exchange before.
In this case, it will be better to wait a day or too and try the withdrawal again. However leaving you money on exchanges isn't the best of ideas but you have toake a choice.

Caesar-Giulius

sr. member

Activity: 728

Merit: 250

Buy, sell and store real cryptocurrencies

Quote from: ?? on ??

It's so ridiculous, when people don't know s*** and write that the exchange is a scam... Guys, you're confusing others...

Who mentioned about HitBTC is a scam? They are discussing about the high fees. I have the same experience, high ridiculous fees and inflexible platform.

fumblingperch

full member

Activity: 490

Merit: 100

I think that if you have received some tokens from the airdrop company that are not worth much, then it is not reasonable to use this exchange. Use the Hitbtc only for large operations.

Moshi Moshi

member

Activity: 504

Merit: 10

Hitbtc was originally a good and reliable market exchange but everything changed when the cost of the fees became very expensive, now I think it is getting abandoned and being lonely for its trading volume because of it.

Topic: Hitbtc unrealistic deposit and withdrawal fees (Read 1793 times)