Hitbtc unrealistic deposit and withdrawal fees

WalkerIVIV

hero member

Activity: 2436

Merit: 503

Cryptocasino.com

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

sr. member

Activity: 830

Merit: 258

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

legendary

Activity: 3010

Merit: 1028

Leading Crypto Sports Betting & Casino Platform

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

legendary

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

full member

Activity: 448

Merit: 103

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: 868

Merit: 108

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

Merit: 11

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.

owlman

full member

Activity: 602

Merit: 100

I also encountered this situation. I had UTT tokens that were traded only on this exchange, and when I made a deposit that I did not betray, 39 tokens were removed from me. Now I will be extremely cautious with this exchange, because I also think that the deposit fee is relatively large there.

cold cool

member

Activity: 162

Merit: 10

It is true that hitbtc can be traded, but the trading volume of hitbtc is small and it is not suitable for trading in hitbtc, so it is not recommended to trade in hitbtc. Binance and huobi are both very good.

janelleshepard

member

Activity: 210

Merit: 10

With such high deposit and withdrawal fees, you should trade with Binance. I believe that hitbtc must consider its withdrawal fees, I think it is too high.

Grim149x

full member

Activity: 854

Merit: 100

Yeah, also for VEN last time when I tried to withdraw it. It was 10 VEN for the fee, and that's too ridiculous.

And I also hate the fact that you can't trade some of the decimals left on certain coins/tokens.

danbitcoin1

member

Activity: 336

Merit: 10

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

A lot of those older types of exchanges are a complete joke. So glad Binance and others dominate the market now with much lower fees.

Clairvoyance

full member

Activity: 412

Merit: 152

Perceiving events in the future and beyond

HitBTC's fees are way off the charts. I don't understand why they charge that high. I'm currently trading on Binance, Bittrex, Kucoin and Liqui. It has a better interface and the fees are not that high.

eternalgloom

legendary

Activity: 1792

Merit: 1283

I really don't understand why people are still using exchanges like Hitbtc and Yobit, they're the worst of the worst.
Not only when it comes to fees... Their support is really terrible and you'll find numerous scam reports about them here in the forum.

They're known for holding people's funds hostage and randomly closing down withdraws on certain coins.

alex_kir

full member

Activity: 490

Merit: 100

Many started to complain about the work of the HitBTC, I have not kept money on stock exchanges for a long time and I do not advise you to do it. Because in general, when you store money on the exchange, it turns out that you give money to strangers. You made several transactions and you have to withdraw your money.

jpoker272727

legendary

Activity: 1137

Merit: 1000

Quote from: Olatunjex on April 12, 2018, 10:30:00 AM

On hitbtc i traded on it once and the experience was good, no deposit fee was deducted withdrawal fee was not too much, i found it awkward when i hear different bad experience people share about hitbtc exchange on btt.

Olatunjex

full member

Activity: 1064

Merit: 102

On hitbtc i traded on it once and the experience was good, no deposit fee was deducted withdrawal fee was not too much, i found it awkward when i hear different bad experience people share about hitbtc exchange on btt.

tonylewisverdu

newbie

Activity: 28

Merit: 0

wow thats a crazy high fee. as alts get on more exchanges or bigger volumes the fee should come down but the fees on all exchanges are horribly high for a lot of new coins. exchanges are robbing us blind.
with a fee that high i would hold and wait for it to drop or flip it to another coin. I still have some coins sitting onexchanges for 6 months because i won't pay the high fee ( not big amounts though) If you have a lot of $ in it and are holding long term you may need to just wear the fee to get it to a wallet. or flip it to another coin.

vistamara

newbie

Activity: 126

Merit: 0

Look that you have really great experience in bounty,i am here new but your information will help to earn much more
Thanks OP

e@symode

full member

Activity: 616

Merit: 100

I have already heard for a long time that this exchange is not famous for its services, or rather, more and more people do not use the services of this exchange, I think that in the near future we will see how this exchange will simply cease to exist.

JCLee

full member

Activity: 280

Merit: 100

No need to deposit your cryptocurrency or token to exchange to sell cause you can sell them directly in here. You can take a look at Marketplace (Altcoin), there are a lot of members are selling their token in here because they only has little amount of token or they've some other problem that they don't want to sell it on exchange. Beside, HitBTC is not a good exchange, I think you shouldn't use it, there are a lot of reports about this exchange before.

左

sr. member

Activity: 476

Merit: 250

Quote from: shirackjs on April 10, 2018, 01:03:07 PM

With such high withdrawal fees, you are better of buying ethbit in coinexchange. I believe hitbtc has to review its withdrawal fees, I think it is too high too.

They don't really care about anyone but themselves, they have showed that a few times already.

Krabat

member

Activity: 546

Merit: 15

I agree with the fact that this exchange is too high payment for withdrawals. I think this was done specifically to ensure that as many people as possible remained clients of this exchange and did not withdraw their funds.

shirackjs

sr. member

Activity: 812

Merit: 256

With such high withdrawal fees, you are better of buying ethbit in coinexchange. I believe hitbtc has to review its withdrawal fees, I think it is too high too.

RoftheN

full member

Activity: 546

Merit: 100

These unrealistic deposit and withdrawal fees by exchanges are nothing short of extortion. I would say one should avoid such exchanges and wait till your coin gets listed on a better exchange. Unless we stop using such exchanges they aren't going to stop charging such high fees for withdrawing.

koloNikolo

member

Activity: 224

Merit: 10

You have to be very careful with this exchange cause they have really a lot of scam projects and this exchange just make money on every coin they have. I think you can earn there but the next step is fees they have. They are really big. I think with such strategy they will loose their customers.

tyuner4

full member

Activity: 322

Merit: 179

I have avoided trading in HitBTC since I know of the withdrawal fees, it is too high IMO. And the rules of trading a fixed number of coins sound ridiculous. I have some coins trapped in HitBTC, unable to trade and not feasible for withdrawal due to the high fees.

jpoker272727

legendary

Activity: 1137

Merit: 1000

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.

InfiniteGrim

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.

euggio

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.

spagettiboy69

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.

Bay_Harbour_Butcher

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

thepo1m

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

harimauagam

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.

KuromaYoichi

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.

Psalms23

full member

Activity: 546

Merit: 105

#SWGT PRE-SALE IS LIVE

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.

hitbtc

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.

so_stupid

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

s4mp1nt0

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.

Praesidium

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

prashanta

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.

Schirer

member

Activity: 560

Merit: 17

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.

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.

jorenpo

sr. member

Activity: 630

Merit: 250

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 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.

favelle75

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

dukemc

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)

disam

sr. member

Activity: 394

Merit: 250

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.

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.

King Bounty

member

Activity: 392

Merit: 10

EndChain - Complete Logistical Solution

I agree with you, because I think the hitbtc fee is huge.

@ngelcryptopia

member

Activity: 238

Merit: 11

Staker.network - POS Smart Contract ETH Token

I have not heard good reviews about hitbtc. I think all good projects should avoid listing at hitbtc because it has reputation as a shit exchange. Waiting for exchange and DEX to come up to provide more competitions to these shit exchange.

BaeNaNa

full member

Activity: 286

Merit: 100

Cryptics

I also hate the fact that they don't let us trade all amount of token instead of the multipiler of 10 token or so because it leaves a lot of dust in my account and the withdrawal fee to withdraw it is too expensive so you'll have a lot of money stuck there. Their volume are not high either so i'm confused why they are brave enough to set fee that high as it will scare a lot of users.

cynical

full member

Activity: 490

Merit: 136

Absolutely agree with the op.
The first thing i noticed with HITBTC was the 'deposit' fees,
Yes we have to pay for the privelage of depositing funds on HITBTC along with transaction fees to get them there.
So we pay,
Transaction fees
Deposit fees
Exchange fees
Withdrawel fees
Its too much, to the point that HITBTC is not my exchange of choice.
Of the exchanges I use bittrex, poloniex, cryptopia, bitfinex,
I think HITBTC are the only ones with that extra fee for depositing?

Marcus yoyo

full member

Activity: 728

Merit: 100

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 was also shocked last week when I wanted to deposit on hitbtc was charged a fee big enough for me. so I chose to use another exchange that is not charged at the time of deposit. I think that maybe Hibtc will go bankrupt therefore he use the fee rule at the time of deposit. now I no longer trade in hitbtc because the fee is very expensive.

roblccx

jr. member

Activity: 71

Merit: 1

Use Etherdelta for sure, much better

The deposit fee's hit are charging are way too high

bayu7adi

hero member

Activity: 1470

Merit: 555

dont be greedy

after becoming a predicate as a centralized high volume exchanger
they are free to apply rules for users
I must issue 177 IDH or equivalent to 80 USD to pay deposit fee

Svelto

sr. member

Activity: 686

Merit: 257

Yes agreed, the fees are far too expensive. I have been avoiding using Hitbtc and will not use it until the fees are reduced to be comparable to the other exchanges.

DanWalker

hero member

Activity: 1960

Merit: 547

Vave.com - Crypto Casino

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 hate their fees policy as well, but unfortunately there are only ways to wait for new exchanges or use etherdelta. The trading volume at ED is pretty low indeed, but sometimes I find a very profitable trades there.

styca

sr. member

Activity: 1078

Merit: 354

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.

Yes, I still don't understand why HitBTC think that this new fee system is a good idea. Everyone will just stop using it, and move to other exchanges.
Etherdelta is not great, but if it's the only alternative then imho it's preferable to the HitBTC fees.

the1arty

sr. member

Activity: 756

Merit: 259

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.

Totally agreed on that one. When the market capitalization was on it's highs, withdrawal fees been enormous and I wonder why devs do not make it lower. Once there will be better exchange, everyone will move from HITBTC for sure.

niisarearning

sr. member

Activity: 910

Merit: 252

Even in tried to withdraw coss token from hitbtc it was showing flat 60 token as withdrawal fees which was around 120$ at the time of withdrawal it’s too pathetic. More over multiplier fr coin trading some coins like tron has to trade multiplier of 1000 what’s this guys are doing.

rezurect

sr. member

Activity: 686

Merit: 250

Hitbtc are a bunch of scammers, bad customer support, bad communication and they constantly lie about all sorts of things.

jpoker272727

legendary

Activity: 1137

Merit: 1000

The fees there are not good, I have only USDT there at the moment.

Babyjamz3026

full member

Activity: 361

Merit: 101

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.

Hitbtc.com was really insane in terms of transaction fee, I can't deny that because even me I was shocked when I tried to used this exchange it is something kind of a piece of shit. Due to during that time I sold alts on hitbtc then when it converted into eth the charge was really shocking and it was 2 Eth equivalent of transaction charge then I back out and I decided to buy some alts then I transferred it in the other exchange platform.

deepcoreotc

sr. member

Activity: 350

Merit: 250

HitBTC is terrible exchange. Full of shitcoins, this is how they make their money. I never use it!

Amalker

sr. member

Activity: 826

Merit: 250

Yea, HitBTC fees for deposits/withdrawals now is really huge. Fees rules was implemented after several problems in a start of the year, when ETH network was overloaded. I think it is make sense to use Hitbtc only with a big amount of altcoins.

toygg

sr. member

Activity: 306

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.

Topic: Hitbtc unrealistic deposit and withdrawal fees (Read 1842 times)