Stocks.Exchange withdraw charge up to 0.004BTC！ - page 2.

mobnepal

legendary

Activity: 1218

Merit: 1006

Quote

Last 24 hours volume BTC: 250.2682 | USDT: 55839.6437 |

Volume doesn't look close to small but what they are trying here is quite suspicious. The high fee they are trying to force could be the reason behind something big that happened at their backend which they don't want to share on public Wink

May be they also got hacked and forcing users to not withdraw what they have and keep earning from high withdrawal and trading fee till they will collect enough to cover those losses. Just guessing here but there is no reason for them other than this and try fooling newbies, but they forgot that there are not only newbie users in bitcoin space... Grin

passwordnow

hero member

Activity: 3136

Merit: 591

Leading Crypto Sports Betting & Casino Platform

That's why I don't like that exchange it is requiring that much fee and that's crazy fee for someone that is trading small amount there.

https://blockchain.info/unconfirmed-transactions

Currently there are only 1600+ transactions unconfirmed.

Juggy777

hero member

Activity: 2646

Merit: 686

I have never heard of them so I can't they're legit, I don't use exchanges I prefer electrum it's easy to use and doesn't overcharge fees. I made transaction and I paid What from cents to two dollars as fees so I would avoid this, the network is not charging such kind of fees it's best to avoid these kind of exchanges move on to something better like electrum safe and secure.

rommelzkie

full member

Activity: 294

Merit: 125

This is an insane amount for a fee. What is this Stock Exchange Name? How if there is a massive transaction moving in and out into bitcoin just like what happened last Year around November and December 2017.? How much will be their transaction cost if the bitcoin network is overloaded?

Geez, stay away on this exchange.

camric09

member

Activity: 224

Merit: 11

BitHostCoin.io

Quote from: PangLima Coin on June 21, 2018, 09:24:43 PM

its better if your btc you convert first to dogecoin than withdraw your dogecoin
it will reducing the fees by an exchange to us
with dogecoin we get low fees other than bitcoin

Yes, sometimes I am using it if bitcoin fee is really high. But now I am not in a hurry so maybe I should wait some time for the btc withdraw fees to lower again. 0.004 btc is really too high compared to other popular exchanges.

unemployed

member

Activity: 336

Merit: 11

Quote from: [email protected] on June 21, 2018, 11:44:52 AM

This is an amazing number. They explained in their Twitter like this:

Quote

BTC network is EXTREMELY overloaded and we are forced to increase withdrawal fee up to 0,004 BTC.
Please, do not withdraw without urgency!
Once the network get free, we will decrease the fee.🧐

https://twitter.com/StocksExchangeR/status/1009441676878843904

What do you think? Is this exchange worthy of trust?

Wow, pretty big transaction fees! This exchange, for now, is only for the rich people! LOL investors are panicking there?

pooya87

legendary

Activity: 3472

Merit: 10611

there was an increase in the number of unconfirmed transactions in the mempool but even with that rise the fees weren't that high to force them to charge such a huge amount (400k satoshi) that is about 1600-800 satoshi/byte depending on the size of the transaction which is usually 250-500 bytes that exchanges use. any way you think, it is unreasonable in my opinion.

libert19

hero member

Activity: 2520

Merit: 952

Lmfao there is reason why this is a third tier exchange, 0.004 btc is like ~30$. When lightning network wasn't implemented such fees were okay but now this seems like just money grab.

PangLima Coin

newbie

Activity: 252

Merit: 0

its better if your btc you convert first to dogecoin than withdraw your dogecoin
it will reducing the fees by an exchange to us
with dogecoin we get low fees other than bitcoin

electronicash

legendary

Activity: 3178

Merit: 1054

reason seem not acceptable. they should have lowered the fee instead now that its overloaded. do you think the rest of the exchanges are going to follow soon? this is one reason why exchanges are good crytpo business.

sakahayang

full member

Activity: 414

Merit: 100

Quote from: budismile on June 21, 2018, 08:55:14 PM

Quote from: [email protected] on June 21, 2018, 11:44:52 AM

This is an amazing number. They explained in their Twitter like this:

Quote

BTC network is EXTREMELY overloaded and we are forced to increase withdrawal fee up to 0,004 BTC.
Please, do not withdraw without urgency!
Once the network get free, we will decrease the fee.🧐

https://twitter.com/StocksExchangeR/status/1009441676878843904

What do you think? Is this exchange worthy of trust?

The cost of withdrawal is very expensive, this is too much in my opinion. I myself will not transact in the market with the cost of withdrawing that expensive, I better look for other markets. maybe the other one thought with me.

Thast right you say, this market will not be used by Bitcoin users. many markets offer a cheaper withdrawal fee, if there is a market with such expensive withdrawal fees, I'm sure sooner or later the market will collapse.

budismile

jr. member

Activity: 293

Merit: 1

Quote from: [email protected] on June 21, 2018, 11:44:52 AM

This is an amazing number. They explained in their Twitter like this:

Quote

BTC network is EXTREMELY overloaded and we are forced to increase withdrawal fee up to 0,004 BTC.
Please, do not withdraw without urgency!
Once the network get free, we will decrease the fee.🧐

https://twitter.com/StocksExchangeR/status/1009441676878843904

What do you think? Is this exchange worthy of trust?

The cost of withdrawal is very expensive, this is too much in my opinion. I myself will not transact in the market with the cost of withdrawing that expensive, I better look for other markets. maybe the other one thought with me.

Azima85

newbie

Activity: 97

Merit: 0

I think also stocks.exchange has a high minimum value of withdrawals. So, they basically force people to keep their BTC on the exchange. This for me is unacceptable to be honest. Especially, with fees being reduced all over, and the number of transactions is not going up as far as I know..Their only advantage is that they have some gem alt coins..however I prefer other exchanges now (CB, ogre, Crex, Altex, etc..)

Marlo Stanfield

sr. member

Activity: 490

Merit: 280

Quote from: [email protected] on June 21, 2018, 11:44:52 AM

This is an amazing number. They explained in their Twitter like this:

Quote

BTC network is EXTREMELY overloaded and we are forced to increase withdrawal fee up to 0,004 BTC.
Please, do not withdraw without urgency!
Once the network get free, we will decrease the fee.🧐

https://twitter.com/StocksExchangeR/status/1009441676878843904

What do you think? Is this exchange worthy of trust?

It seems some exchanges try to set up a situation where they incentivize you to keep your money on there. And when you do need to take it off their site they gouge you with very high withdraw fees. I think they are absolutely full of it with the excuse about the network being overloaded.

guonianhao

newbie

Activity: 13

Merit: 0

Why don't you choose to purchase altcoins and then switch to Bitcoin on other exchanges so that you can save a lot of money？For example, dogecoins is a good choice.

bobo012

sr. member

Activity: 714

Merit: 257

Quote from: [email protected] on June 21, 2018, 11:44:52 AM

This is an amazing number. They explained in their Twitter like this:

Quote

BTC network is EXTREMELY overloaded and we are forced to increase withdrawal fee up to 0,004 BTC.
Please, do not withdraw without urgency!
Once the network get free, we will decrease the fee.🧐

https://twitter.com/StocksExchangeR/status/1009441676878843904

What do you think? Is this exchange worthy of trust?

That is not ok at all, too high fee. Seems like a no brainer to avoid that exchange, they are not doing themselves a favor with that.
Network is not under such load that it should be that high

ragavancoin

hero member

Activity: 1432

Merit: 500

Quote from: [email protected] on June 21, 2018, 11:44:52 AM

This is an amazing number. They explained in their Twitter like this:

Quote

BTC network is EXTREMELY overloaded and we are forced to increase withdrawal fee up to 0,004 BTC.
Please, do not withdraw without urgency!
Once the network get free, we will decrease the fee.🧐

https://twitter.com/StocksExchangeR/status/1009441676878843904

What do you think? Is this exchange worthy of trust?

Oh my god withdrawal fee is 0.004 from stock exchange site will charge it's all most 20usd at present rate of Bitcoin and I am watching that the Bitcoin network fee will be coming day by day increasing better to do transaction with other coins like a eth or ltc.

Jinatfatm

newbie

Activity: 44

Merit: 0

StocksExchange is the only exchange very sensitive to $BTC overloading. While most exchanges still charge 0.0005 BTC of fee, stock charge 0.004 BTC??? 😱

[email protected]

newbie

Activity: 82

Merit: 0

This is an amazing number. They explained in their Twitter like this:

Quote

BTC network is EXTREMELY overloaded and we are forced to increase withdrawal fee up to 0,004 BTC.
Please, do not withdraw without urgency!
Once the network get free, we will decrease the fee.🧐

https://twitter.com/StocksExchangeR/status/1009441676878843904

What do you think? Is this exchange worthy of trust?

Topic: Stocks.Exchange withdraw charge up to 0.004BTC！ - page 2. (Read 305 times)