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Topic: Why exchange wallet so high fee - page 3. (Read 575 times)

hero member
Activity: 1834
Merit: 759
March 05, 2018, 08:49:06 AM
#4
It's probably because they want their transactions confirmed as soon as possible. Having coins stuck in limbo is not fun, and I would assume their support gets swamped when it happens. The faster transactions confirm, the less time there is for complications to arise.

I don't know what fee is considered normal for Ethereum so I can't comment on that specifically, but exchanges typically charge more than the recommended fee.
newbie
Activity: 33
Merit: 0
March 05, 2018, 08:41:25 AM
#3
Hello guys,I tried to withdraw ethereum from poloniex and BTC alpha..soo high fee's I withdraw 0.02 ethereum and  fee's is min.0.01 ethereum? So no choice I withdraw even the high fee almost 50% from may balance. I need gas to send more tokens ..but still confused why so high it is normal or due to blockchain congested that's why?


That is normal fee, most exchanges have fixed price for withdrawal. If you want to withdraw, it is better to do it with a higher volume.

If you want to use an exchange and then withdraw, i would recommend that you make some research about the fees to choose the one that best suit your needs.

 Wink
newbie
Activity: 55
Merit: 0
March 05, 2018, 08:27:57 AM
#2
Hello guys,I tried to withdraw ethereum from poloniex and BTC alpha..soo high fee's I withdraw 0.02 ethereum and  fee's is min.0.01 ethereum? So no choice I withdraw even the high fee almost 50% from may balance. I need gas to send more tokens ..but still confused why so high it is normal or due to blockchain congested that's why?

You made a withdrawal to fiat? Or to any other coin?
Or you just transferred Eth to another volume?
Anyway we face such challenges... I came across coinmonkey exchanger - it allows to use exchange rates using quotes from major exchanges. So you don’t have to store coins at exhange or pay extra charges. It is really a way out in some cases
jr. member
Activity: 448
Merit: 2
March 05, 2018, 08:16:55 AM
#1
Hello guys,I tried to withdraw ethereum from poloniex and BTC alpha..soo high fee's I withdraw 0.02 ethereum and  fee's is min.0.01 ethereum? So no choice I withdraw even the high fee almost 50% from may balance. I need gas to send more tokens ..but still confused why so high it is normal or due to blockchain congested that's why?
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