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Topic: 🔴 ⚫️ Spreadsheet for reducing exchanges withdrawal fees ⚫️ 🔴 (Read 615 times)

member
Activity: 378
Merit: 47
Nice list you got going here, even though most of those coins are just something I rarely withdraw out. Is it common for people to withdraw alts from exchanges other than the big ones? I mean, I do all my trades and usually withdraw in Bitcoin, other times in ETH or LTC, depending on the fee (that's actually how I reduce my fees, just choosing the cheapest ones and making sure I don't lose too much from exchanging). I don't really see the point in withdrawing often, especially when it's just low cap alts.

I don't know, I think it depends on everybody's personal needs and preferences. The aim of the spreadsheet is not to just inform people about what exactly fee they will have to pay. It should help to save money on the distance for those, who frequently have a necessity to transfer funds from one exchange to another. When I started creating it, ICO investors and bounty hunters often faced such situations.

For example, I suppose in August an "average" bounty hunter finished 20 campaigns in a month. Right now the average fee for withdrawing Ethereum is ~0.015 ETH accordingly to my table. It's quite rough estimation, but I think with summer prices it could save an equivalent of 60-80$ per month for the named "average" bounty hunter. I can't be sure in exact numbers for ICO investors, but I assume there would be approximately same amount.

Surely, profits in both of these spheres have significantly reduced during the last couple of months, but if the market goes up, the spreadsheet should become actual again.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
Nice list you got going here, even though most of those coins are just something I rarely withdraw out. Is it common for people to withdraw alts from exchanges other than the big ones? I mean, I do all my trades and usually withdraw in Bitcoin, other times in ETH or LTC, depending on the fee (that's actually how I reduce my fees, just choosing the cheapest ones and making sure I don't lose too much from exchanging). I don't really see the point in withdrawing often, especially when it's just low cap alts.
member
Activity: 378
Merit: 47
Update

  • QBTC listed Dash and HyperCash (HC)
  • OKEx reopened withdrawals of ONT, Waves and XLM. The fee for withdrawing Stellar nearly equals to zero.
member
Activity: 378
Merit: 47
Update

  • CoinEgg paused withdrawals of BitShares (BTS) and Ontology (ONT)
  • Bibox listed Ontology (ONT). The withdrawal fee is high for this coin.
member
Activity: 378
Merit: 47
Update

  • Deleted all info about CryptoHub exchange. It was hacked, then closed and the domain was sold.
  • Verge (XVG) was listed on Huobi. The fee for a withdraw is quite high, but there are many better options on this exchange.
  • Huobi reopened cashouts of Ontology (ONT). The fee is extremely high, some exchanges withdraw this token for free.
member
Activity: 378
Merit: 47
Update

  • Deleted all info related to cfinex exchange. It was closed in October, but I missed the news.
  • Bytecoin (BCN) was listed on Gate io.
  • Hi again, freezing the 1st column will also help a lot when the spreadsheet is being viewed on a phone.

    (I scrolled the spreadsheet on the mid-section and i can't see what coin am i looking at)  Smiley

    Fixed)


copper member
Activity: 882
Merit: 110
Hi again, freezing the 1st column will also help a lot when the spreadsheet is being viewed on a phone.

(I scrolled the spreadsheet on the mid-section and i can't see what coin am i looking at)  Smiley
member
Activity: 378
Merit: 47
Hi there, I think you can freeze your 1st row and column so it'll be easier to identify where do the numbers belong even with a lot of headers. Your sheets are quite helpful.

Hi, I've just done it. I didn't see a point in doing it for all sheets except "BTCÐ" earlier, but due to your post realized the fact it can be important for using the table on different devices.

Thanks everybody for the feedback, right now it really motivates to keep on updating the spreadsheet.
member
Activity: 378
Merit: 11
Man, you made the great job (table)! I even didn't know before that there are exchanges that charge eth withdrawals with fees below 1 USD (or 0.005 eth)
copper member
Activity: 882
Merit: 110
Hi there, I think you can freeze your 1st row and column so it'll be easier to identify where do the numbers belong even with a lot of headers. Your sheets are quite helpful.

hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
very helpful, thank you for sharing.
I hope you keep updating this data if there are changes or there are coins that are delisted from the exchange
member
Activity: 378
Merit: 47
Update

  • Sad news: Bibox delisted ACAT. That was the cheapest way to cash out funds from this exchange.
  • Coinbe listed ADA. Not the best option there, but it can be useful for those, who frequently use Cardano.
  • Binance reopened withdrawing of ONT. There is no any fee for this operation.
member
Activity: 378
Merit: 47
Update

  • Allcoin reopened cashouts of HyperCash (previous Hshare).
  • Altcoin Trader listed Gas and Stellar, fees for withdrawing them are quite low.
  • HitBTC reopened withdrawing for Siacoin and Stellar, but the fee for cash out XLM is 40 coins  Angry
hero member
Activity: 1414
Merit: 516
Thanks for doing this. This can help a lot of users who want withdraw and not have a high amount of money (coins) invested. I also sometimes when i need cash (low amounts) i exchange my altcoins to bitcoin and after to bitcoin cash to avoid higher fee when withdrawing and after i cash out bitcoin cash.
member
Activity: 378
Merit: 47
I've just updated info about 4 exchanges. Coinhub, DigiFinex, and Fatbtc listed some coins, which I frequently use for reducing fees. On Vebitcoin there are some strange issues and withdrawals for many coins are suspended.
sr. member
Activity: 1372
Merit: 251
PredX - AI-Powered Prediction Market
Withdrawal fees are indeed trivial but always pay attention to size, this is very helpful for comparison. exchanges with the cheapest withdrawal fees are sought by hunters and traders to reduce transaction costs
member
Activity: 378
Merit: 47
Nice one buddy!!!
Monitoring the sudden changes of token or coins price in a certain exchange a helpful especially during critical times... Good Job.

If you could teach us to create one step by step it would be awesome!!!

It's monitoring amounts of fees, not prices on certain exchanges. Differences between prices on exchanges are easier to track on CoinMarketCap.
newbie
Activity: 210
Merit: 0
Nice one buddy!!!
Monitoring the sudden changes of token or coins price in a certain exchange a helpful especially during critical times... Good Job.

If you could teach us to create one step by step it would be awesome!!!
member
Activity: 378
Merit: 47
Any opinions? Should I write a more detailed guide or something like this?
member
Activity: 378
Merit: 47
Added 2 new exchanges: Allcoin and BCEX. There are some problems with filters for both of them. Unfortunately, I have to go now, but I'll try to fix it later. Other filters should work correctly.

Thank you, a very valuable thing for the trader. I didn't even think I could find such a useful table for myself. In my opinion, your work deserves great merit.

Thanks for the feedback. Glad to see I'm not the only one who cares about this issue
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