Topic: TradingTip:Smalltime Traders: How to lessen Withdrawal fee cost (Read 175 times)
Yeah, I like this app😊😊
Did you checked how high spread is? Mayby withdrawal fee is small but spead might be for example 3% and for 1000$ change from alt/btc/alt will cost 30$.
The app AI selects the best rate from all the exchanges so im not worried of the spread on price at all.
I suggest you change your money to XRP next time instead of ETC ,
low fee coins in order :
1.XRP the lowest fee
2.Ltc
3.BCH
Of course come coins or tokens like IOTA or NANO designed to be zero fee but some of the exchanges don't have them!
low fee coins in order :
1.XRP the lowest fee
2.Ltc
3.BCH
Of course come coins or tokens like IOTA or NANO designed to be zero fee but some of the exchanges don't have them!
XRP is not listed on swftc app so i cant do a crosschain of xrp to btc.
Did you checked how high spread is? Mayby withdrawal fee is small but spead might be for example 3% and for 1000$ change from alt/btc/alt will cost 30$.
I suggest you change your money to XRP next time instead of ETC ,
low fee coins in order :
1.XRP the lowest fee
2.Ltc
3.BCH
Of course come coins or tokens like IOTA or NANO designed to be zero fee but some of the exchanges don't have them!
low fee coins in order :
1.XRP the lowest fee
2.Ltc
3.BCH
Of course come coins or tokens like IOTA or NANO designed to be zero fee but some of the exchanges don't have them!
Nice. This one is worth to try. Fees are greater than the amount to be withdraw then well just hesitate to withdraw our money. Its good that u have suggested new site to use. Il try this one. Thanks.
Most of traders u ???se altcoins like gas, neo, dgb, nano or doge. to lessen withdrawal fee cost when transferring assets from one exchange to another. But what about when your about to cash out your btc or eth earnings from exchange to your wallets. Most exchanges like huobi, binance or bittrex charge from 0.0005-0.001 btc or 0.01eth which is about $6-7.
$6-7 withdrawal fee. What if you can lessen that cost for about 80%less?
What i do is i used a crosschain app. SWFTC.
Their app currently has listed 24 different coin which you can use to withdraw and exchange for btc and eth along with the 22 other coins.
Withdrawing btc on exchanges will cost me 0.0005-0.001btc.. What i do is i'll buy etc instead. Withdrawing ETC will only cost me 0.001etc now thats a tremendous discount right there.
Then i will use the deposit address of ETC from swftc app as withdrawal address after deposit has been confirmed then i will get the equivalent amount in btc to my personal wallet.
That easy. Its fast and with such very very minimal transaction fee.
You can sign up for an account Here then download the app on google playstore.
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