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Topic: Hitbtc unrealistic deposit and withdrawal fees - page 3. (Read 1793 times)

legendary
Activity: 1137
Merit: 1000
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.
sr. member
Activity: 602
Merit: 250
Hitbtc is another exchange that is completely detached from reality and loses its customers. Greed will ruin them soon.      
full member
Activity: 433
Merit: 100
I don't understand how HitBTC can survive in the market. Many exchanges offer a much more pleasant margin for their services.      
newbie
Activity: 34
Merit: 0
All you can do is vote with your money. The upside is that they have all the alts you don't find anywhere else, which is the only reason they exist.
full member
Activity: 728
Merit: 101
I agree with your opinion, the deposit fee and withdraw at hitbtc is very high, I also prefer to sell and buy in other exchange because there are still many exchange which have very low fee
hero member
Activity: 658
Merit: 500
It is really a surprise to me that exchange will ask for deposit fee, this is crazy. It is one of the obscure exchange until it listed Bcash which helps to grow the trading volume of the exchange, I have not used the exchanges for some time and not plan to use it because of the way the exchange goes about the Boscoin IOU tokens
full member
Activity: 410
Merit: 100
it should be considered that all can be governed by the managers who make it but if they are already bekuasa about it is very difficult because every transaction there must be payment.
sr. member
Activity: 756
Merit: 251
Sovryn - 300-500% APY on USDT Deposit
That's not even the bigger problem, what annoys me the most is that sometimes you can't trade all the coin that you've deposited because they only allow trading with x number of token per transaction, usually 5 10 or 100 so that means if i deposit a odd number of coin then i'm screwed. The volume also small so it's a bit hard to sell a large number of coins.
full member
Activity: 504
Merit: 103
Yes, very disappointing trading in hitbtc especially when you are only trading little amount of altcoins, you'd lose almost half with jut the deposit and withdrawal. I have been a trader in hitbtc last year but last week I was frustrated buy my trade (with a small amount of altcoins), so much was paid for a small transaction.
sr. member
Activity: 525
Merit: 250
With HitBTC, fees are calculated upon the network load. We aim to make sure our users' transactions are confirmed in the network and delivered to their destinations promptly.

Besides, any cryptocurrency exchange features a complex combination of processes that uses the blockchain a lot. Meaning that withdrawal fees include some of intermediary fees paid on the exchange side for moving your funds. That's the reason why fees related to withdrawing coins from an exchange can be slightly higher than regular network fees in your wallet.

Just to remind you, if you need assistance or have questions, please submit a ticket through our support portal. If you've already done that and would like an update on your request, please share your support ticket # here, and we'll get back to you with more information on it.
full member
Activity: 448
Merit: 103
Bitgesell (BGL) Decentralized Cryptocurrency!
I like the design of the Hitbtc, but the fees are too huge. Sold there CAPP, I will not go there again  Undecided
full member
Activity: 294
Merit: 100
hitbtc is a shit platform now. back then it was good will a low fee transaction buy now most coins if not all has a deposit fee.
like yesterday I tried to deposit UTK the deposit fee is 125utk equivalent to $30.
full member
Activity: 409
Merit: 103
Stay away from hitbtc, that exchange is poor in customer support, they only care about themselve. High deposit and withdraw fee, weak-to-none customer support, and it is really hard to communicate to them. I think it is better to wait until youre token is listed in much better exchange site. Dont use hitbtc nor etherdelta
copper member
Activity: 728
Merit: 250
hey guys, i have faced a terrible problem with hitbtc exchanger. two months ago i have lost my handset that's why i lost my google authentication apps code. for that i can't access my hitbtc account. In my hitbtc account have some crypto asset worth of 3000$ almost. i have contact hitbtc support team many times but they didn't fixed this issue till now. at this time what should i do..please someone suggested me.
member
Activity: 560
Merit: 17
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.

Vou, this is huge. I believe that if they will continue with these kind of fees, they will go out of bussines eventually.
I would say go for the Etherdelta, when you get hang of it , it is not so bad. You will understand the fundementls of traiding.

One of the things that bugs me in Etherdelta is the constant undercuting of sell and buy orders by the smallest fraction.
sr. member
Activity: 630
Merit: 250
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 hitbtc was a good exchange back then it becomes terrible day by day. last year there's no deposit fee on any coins or token but now all have high fees.
hero member
Activity: 910
Merit: 501
i was going to deposit a token yesterday and in the last minute i noticed the deposit fee than i canceled all operatin and switched to other exchange they are losing customers
full member
Activity: 431
Merit: 102
I would not trade on HitBTC better on KuCoin or Binance. Also Cobinhood could be a good alternative (more tokens coming there)
sr. member
Activity: 394
Merit: 250
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.

It got from bad to worse trading at Hitbtc. It was a great exchange for me and i loved trading there, but in last two months I do not use hitbtc anymore. Big problems with deposits, and withdrawals and in the end the fees got crazy. I am glad I got my Hive tokens, Taas, and ether off that exchange, and will wait for things to get back to normal to consider getting back to use hitbtc. Also i never understanded how this big earning exchanges can not have a good customer relations department with enough people to solve cases in normal time period.
member
Activity: 392
Merit: 10
EndChain - Complete Logistical Solution
I agree with you, because I think the hitbtc fee is huge.
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