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Topic: HITBTC withdrawal fees - page 5. (Read 1758 times)

full member
Activity: 630
Merit: 100
March 16, 2019, 04:13:59 PM
#59
HitBTC has a lot of trading bots on there which gives it fake volume, although there are many other exchanges with these bots as well. Don't use it much myself, but it is ranked highly on coinmarketcap
jr. member
Activity: 78
Merit: 1
March 09, 2019, 06:58:38 PM
#58
I've tried it, awful exchange. It's better to use Binance or ChangeNOW. Trading on changenow is the same as trading on bittrex or binance, they are partners. But on changenow you needn't to register and verify an account, it's non-custodial service
sr. member
Activity: 1372
Merit: 322
March 07, 2019, 12:15:15 AM
#57
It's not a hidden fee. They are not abusing. If you want to trade their, you have to follow their terms and conditions. But yes, you can suggest them to reduce the fee or give any other suggestion. But initiaaly you have nothing to do.
hero member
Activity: 910
Merit: 525
March 06, 2019, 11:09:28 PM
#56
Really I'm very upset with this exchange... They have one of the most expensive withdrawal fees I've ever see... I saw this kind of abusive fees in other exchanges like yobit but I tought HITBTC will be a little more serious due to the fact its great volume... They don't need to charge those abusive fees... Really... If they doesn't change their politics I think I will withdraw all my fund from there (despite the fact they will thieve me in every withdrawal I'll make)  Angry Angry
I think they take withdrawal fees based on usd. I started trade, deposit, and withdraw any tokens on hitbtc when btc on it's all time high price. And in that time I withdraw a token with only 20 of that token, and now when the price of that token down to it's all time low price, I pay about 570 token for withdrawal fee.
Seems like the same amount of usd.
I'd never have any serious problem using hitbtc, I don't know why so many people having problem with hitbtc. Maybe I'm just lucky
hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
March 06, 2019, 08:49:57 PM
#55
Our traders' feedback regarding the withdrawal fees is highly appreciated, we'll make sure to pass this over to our team.
We're always trying to improve our platform and listen to our community, that's why we've created a dedicated email address [email protected].
For withdrawing the 50$ worth token trader needs to pay 6$ fee to HitBtc. There is no alternative option, nearly all withdrawal coins have high withdrawal fees around 5$. You need to re-think your business model as crypto exchange.
sr. member
Activity: 525
Merit: 250
March 06, 2019, 10:37:36 AM
#54
Our traders' feedback regarding the withdrawal fees is highly appreciated, we'll make sure to pass this over to our team.
We're always trying to improve our platform and listen to our community, that's why we've created a dedicated email address [email protected].
brand new
Activity: 0
Merit: 4
February 08, 2019, 03:09:26 AM
#53
Been using HitBTC for a few months but haven't noticed such a problem. IMO, it has the ordinary fees like any other exchnge.
member
Activity: 308
Merit: 13
February 12, 2019, 06:35:54 AM
#53
I have long stopped using HitBtc for this reason. Fees are really too big to have any justification, and in fact, your funds become a hostage. Binance has a good fee, but exchangers where there is no registration do not have anything like that at all. They receive a percentage of the transaction, and you can see the result yourself, after which you make a decision.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
February 08, 2019, 08:14:37 AM
#52
Really I'm very upset with this exchange... They have one of the most expensive withdrawal fees I've ever see... I saw this kind of abusive fees in other exchanges like yobit but I tought HITBTC will be a little more serious due to the fact its great volume... They don't need to charge those abusive fees... Really... If they doesn't change their politics I think I will withdraw all my fund from there (despite the fact they will thieve me in every withdrawal I'll make)  Angry Angry

Yes, I agree. But if you want to withdraw, I think you need to convert into the other coins which have a cheap transaction fee so you don't have to pay the high fee. It is what I did if I want to withdraw and I never use bitcoin for making a withdraw because it's too high for the fee. So next time, you can try with waves, doge, or the other coins and I think it still worth for you.
Anytime when theres a token I do wanna sell on that exchange I do commonly convert it to some alts which do really have lesser fees compared to BTC or ETH.
They do really have high fees which minimal trades or transactions wont really be idea because all would be just eaten up mostly on withdrawal fees.

Usually, I convert it to waves because the fee of waves is not too high and besides that, the time confirming of the transaction will not take too long. I don't want to send it via bitcoin or ethereum because the fee is too high for me. Once I check tokens which I want to move to another exchange, and I am very shocked to know that the fee was bigger than the number of tokens I had so I cancel it and sell instant that tokens.
full member
Activity: 1750
Merit: 118
January 18, 2019, 09:29:11 AM
#51
and one more trading on HITBTC there is a minimum limit of coins that must be traded. this is very detrimental to less or more coin holders, the remaining coins cannot be used at HITBTC.  Grin Grin

Exactly... I have there coins that I can't withdraw due to the fact fees are more expensives than the coins (and I mean coins worth 30$ or more) and I can't sell them because I don't reach the minimun... at the end... they are coins I'm giving HITBTC for free or, if we see it from other point of view, the right point of view, HITBTC is stealing those coins
No it's not free, it's our coins they are getting from us. They are thieves right, they are stealing coins which are not belong to them. And making policies that only favors them and pocket those coins from the many customers they have. I have long been avoided hitbtc already.

many online exchange do also have that kind of feature where you cant trade because there's a minimum threshold  that is to ensure that they can save fees but it sucks because our coins can get stuck if ever we cant buy more  . hitbtc is a good exchange before but i dont know what happend to them lately  .

The withdrawal fee for this exchange is really expensive.But we can't change anything.i used it once and decided not to use it anymore.Now choose another exchange to trade.

they must lower thier fees because the overall market is also dump for a longer time but even other exchange do also have a standard fee which is a bit high  .  best thing to do is to not trade lower amounts . much better if you can hodl them and trade whenever you have collected alot of coins  .
sr. member
Activity: 840
Merit: 252
January 16, 2019, 07:50:26 AM
#50
and one more trading on HITBTC there is a minimum limit of coins that must be traded. this is very detrimental to less or more coin holders, the remaining coins cannot be used at HITBTC.  Grin Grin

Exactly... I have there coins that I can't withdraw due to the fact fees are more expensives than the coins (and I mean coins worth 30$ or more) and I can't sell them because I don't reach the minimun... at the end... they are coins I'm giving HITBTC for free or, if we see it from other point of view, the right point of view, HITBTC is stealing those coins
No it's not free, it's our coins they are getting from us. They are thieves right, they are stealing coins which are not belong to them. And making policies that only favors them and pocket those coins from the many customers they have. I have long been avoided hitbtc already.
hero member
Activity: 2996
Merit: 609
January 10, 2019, 12:55:36 PM
#49
Really I'm very upset with this exchange... They have one of the most expensive withdrawal fees I've ever see... I saw this kind of abusive fees in other exchanges like yobit but I tought HITBTC will be a little more serious due to the fact its great volume... They don't need to charge those abusive fees... Really... If they doesn't change their politics I think I will withdraw all my fund from there (despite the fact they will thieve me in every withdrawal I'll make)  Angry Angry

Yes, I agree. But if you want to withdraw, I think you need to convert into the other coins which have a cheap transaction fee so you don't have to pay the high fee. It is what I did if I want to withdraw and I never use bitcoin for making a withdraw because it's too high for the fee. So next time, you can try with waves, doge, or the other coins and I think it still worth for you.
Anytime when theres a token I do wanna sell on that exchange I do commonly convert it to some alts which do really have lesser fees compared to BTC or ETH.
They do really have high fees which minimal trades or transactions wont really be idea because all would be just eaten up mostly on withdrawal fees.
copper member
Activity: 1190
Merit: 3
January 09, 2019, 06:00:00 AM
#48
Yes, I have also experienced the thing that withdrawal fees is more than the coins which I bought. I have some BNK tokens purchased but due to huge fee, 1000 tokens  per transaction Sad  , the tokens are stuck and no chance but to buy more to get it outside HITBTC.
I think its only for rich investors who dont care for such fee and not for small investors like me.
I am not sure what is the reason behind this fee structure, but HITBTC can reduce it to have more customers to their platform.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
January 08, 2019, 11:34:59 PM
#47
Really I'm very upset with this exchange... They have one of the most expensive withdrawal fees I've ever see... I saw this kind of abusive fees in other exchanges like yobit but I tought HITBTC will be a little more serious due to the fact its great volume... They don't need to charge those abusive fees... Really... If they doesn't change their politics I think I will withdraw all my fund from there (despite the fact they will thieve me in every withdrawal I'll make)  Angry Angry

Yes, I agree. But if you want to withdraw, I think you need to convert into the other coins which have a cheap transaction fee so you don't have to pay the high fee. It is what I did if I want to withdraw and I never use bitcoin for making a withdraw because it's too high for the fee. So next time, you can try with waves, doge, or the other coins and I think it still worth for you.
full member
Activity: 602
Merit: 103
January 08, 2019, 10:30:33 PM
#46
Really I'm very upset with this exchange... They have one of the most expensive withdrawal fees I've ever see... I saw this kind of abusive fees in other exchanges like yobit but I tought HITBTC will be a little more serious due to the fact its great volume... They don't need to charge those abusive fees... Really... If they doesn't change their politics I think I will withdraw all my fund from there (despite the fact they will thieve me in every withdrawal I'll make)  Angry Angry

It isn't really that good of exchange in the first place. I've only been using it to trade new coins because they are usually listed first in hitbtc. It's also annoying that they have limit the minimum amount of some tokens that you can exchange. I sometimes have a small amount and I can't get to sell it because it requires a minimum 100 coins to create an order.

Support and their security is bad too. I have my old accounts filled with failed attempt of log ins from someplace I don't know.

True. Now you cannot withdraw you tokens for it has a minimum and you also cannot buy because it has a limit that usually comes with 10's,100's or 1000's. Ridiculous it may seem but you can't do nothing about it because they are unresponsive. I usually deposit tokens their and withdraw in ETH/BTC, I never ever buy on that exchange because some withdrawal fees on tokens costs a lot like 100$ maximum.
member
Activity: 260
Merit: 10
January 08, 2019, 08:01:43 AM
#45
today I feel the same way, very expensive. it seems like this is the most expensive market I feel. not only is the withdrawal fee, the trading system that requires ask and bid with a multiple of 1000 for a particular token makes me feel cheated.
sr. member
Activity: 444
Merit: 254
January 08, 2019, 05:59:40 AM
#44
Really I'm very upset with this exchange... They have one of the most expensive withdrawal fees I've ever see... I saw this kind of abusive fees in other exchanges like yobit but I tought HITBTC will be a little more serious due to the fact its great volume... They don't need to charge those abusive fees... Really... If they doesn't change their politics I think I will withdraw all my fund from there (despite the fact they will thieve me in every withdrawal I'll make)  Angry Angry
It is very strange exchange. I know one project who paid for listing and they have listed their coin after 6 months.
And fee was doubled for this coin also.
hero member
Activity: 886
Merit: 510
January 08, 2019, 04:09:40 AM
#43
HitBTC has its positives (like having a lot of alts, and not being strict with adding new ones), but also its negatives, the most important of them being exactly the ridiculous withdraw fees you mentioned (also, the UI and strange wallet maintenance timings).

I personally try to stay away unless absolutely necessary.
full member
Activity: 256
Merit: 100
🚀🚀 ATHERO.IO 🚀🚀
January 07, 2019, 02:26:38 AM
#42
The withdrawal fee for this exchange is really expensive.But we can't change anything.i used it once and decided not to use it anymore.Now choose another exchange to trade.
newbie
Activity: 23
Merit: 4
January 04, 2019, 10:41:20 PM
#41
I noticed that too.  Hence, I never used HitBTC.  Apart from this, I also notice that the trading volume is fake.  Too many bots buying and selling with each other. It is just not a reliable exchange and  I heard that not many people wish their ICO tokens to be listed on HitBTC.
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