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Topic: Yobit new withdrawal fees (Read 1139 times)

full member
Activity: 546
Merit: 100
January 29, 2018, 10:48:56 PM
#32
It cost 10 PRIX ($60 USD) to withdraw my 115 PRIX from Yobit. I'm never using this garbage exchange again



They are literally garbage for me but I still use it for my shitcoins. Yobit is good at pumping shitcoins because they use bots to do it and I don't withdraw too often to avoid their ridiculous fees.
full member
Activity: 448
Merit: 102
January 27, 2018, 02:45:44 AM
#31
Few weeks ago I was using yobit for sending transactions out in dogecoins, the fee was just 2 dogecoins per withdraw, then they suddenly changed that to 300 doge from just 2 doges. It was a huge fees jump without any notice.
hero member
Activity: 2926
Merit: 570
Leading Crypto Sports Betting & Casino Platform
January 25, 2018, 11:19:37 PM
#30
What about Ethereum? usually the fee is only 0.01eth, or about $ 10.
Maybe the yobit fee goes up because the btc price goes down.
They are not the only one who's increasing the fees to their major altcoins. Binance does too, compare the TRON withdrawal fee of yobit it's 300 TRX, ETH withdrawal fee = 0.005, bitcoin withdrawal fee = 0.0012 BTC.
For someone that doesn't have that much fund on yobit can't withdraw one transaction many times it's better to take the fees lightly, withdraw with big amounts of the coins you want to check out.

Well, if we withdraw to exchange with money, I prefer to use ETH.
Better to withdraw it with DOGE and that's what I prefer, lower fees and faster ETA. Sometimes ETH is also taking a lot of time because of the congestion and the same problem revolving around it because of it's popularity too + smart contracts.
fee withdraw of yobit is crazy, i have experience withdraw dogecoin from yobit then fee trx is 300 doge, I think this is crypto crimes, lol
This is why exchanges are making a lot of money through withdrawals, they are not the only one that has crazy fees.
hero member
Activity: 2842
Merit: 625
January 25, 2018, 05:49:24 AM
#29
I've been using yobit exchange ever since but seeing this kind of news makes me want to pull my currencies and transferred it to other exchanges. But I'm still hoping that they will withdraw their decision
Why stay on them? They are very unstable of setting fees, when the price of bitcoin is too high and went to the peak their fees are also getting up to the peak.

And when it started to correct their fees isn't changing.

They are the shittiest business ever and they will not replace the fee. What's more possible? They might even increase the fees when crypto market is on bullish.

They are shitty since from the beginning on where they do really make some advantage if they do saw out that the price of bitcoin rises which fees being set up is more than on the average fee  for an average transaction.They are really charging up too much even on some exchange too like c-cex they do charge up 0.002 as of now . The most worst thing i do encounter is on having deposit fees which can you see on hitbtc.
Their only advantage with other exchange is that they have tons of shit coins that a pump and dump group can do a massive activity there.

Having deposit fees? I never experience it with them maybe it's their only advantage than others that do charge that thing.

yobit for me is not that good, they are slow in serving the problem, i often have problems like old deposit, delayed widrawal, worse i have to wait more 1 month, their operators eat salary only
They never became fast in solving problems about their service.
member
Activity: 434
Merit: 21
January 25, 2018, 12:48:32 AM
#28
yobit for me is not that good, they are slow in serving the problem, i often have problems like old deposit, delayed widrawal, worse i have to wait more 1 month, their operators eat salary only
full member
Activity: 607
Merit: 106
January 25, 2018, 12:40:37 AM
#27
fee withdraw of yobit is crazy, i have experience withdraw dogecoin from yobit then fee trx is 300 doge, I think this is crypto crimes, lol
full member
Activity: 308
Merit: 100
January 24, 2018, 08:40:49 PM
#26
Actually i don't have problems in any fees here but if the transaction cost are 0.0015 btc i think that's really high compare to many exchanger here in crypto,i use binance and mercatox then i study more exchanger but if the fees are like 0.0015 btc in yobit i think i will go in some exchanger because that's so hard to accept in only one click transaction,i use 0.0003 btc to withdraw in my exchanger and it's like second then it's already done like in mercatox but still you can add more fees for more good.
newbie
Activity: 40
Merit: 0
January 24, 2018, 08:03:25 PM
#25
It cost 10 PRIX ($60 USD) to withdraw my 115 PRIX from Yobit. I'm never using this garbage exchange again
sr. member
Activity: 2226
Merit: 347
January 24, 2018, 03:40:11 PM
#24
I've been using yobit exchange ever since but seeing this kind of news makes me want to pull my currencies and transferred it to other exchanges. But I'm still hoping that they will withdraw their decision
Why stay on them? They are very unstable of setting fees, when the price of bitcoin is too high and went to the peak their fees are also getting up to the peak.

And when it started to correct their fees isn't changing.

They are the shittiest business ever and they will not replace the fee. What's more possible? They might even increase the fees when crypto market is on bullish.

They are shitty since from the beginning on where they do really make some advantage if they do saw out that the price of bitcoin rises which fees being set up is more than on the average fee  for an average transaction.They are really charging up too much even on some exchange too like c-cex they do charge up 0.002 as of now . The most worst thing i do encounter is on having deposit fees which can you see on hitbtc.
hero member
Activity: 2842
Merit: 625
January 24, 2018, 03:26:11 PM
#23
I've been using yobit exchange ever since but seeing this kind of news makes me want to pull my currencies and transferred it to other exchanges. But I'm still hoping that they will withdraw their decision
Why stay on them? They are very unstable of setting fees, when the price of bitcoin is too high and went to the peak their fees are also getting up to the peak.

And when it started to correct their fees isn't changing.

They are the shittiest business ever and they will not replace the fee. What's more possible? They might even increase the fees when crypto market is on bullish.
member
Activity: 163
Merit: 10
January 24, 2018, 06:16:01 AM
#22
I checked yobit today and discovered that their new charges for btc withdrawal is now 0.0015 btc and they said that is to prevent confirmation delay, you can check that on their twitter page https://twitter.com/YobitExchange this is times 15 of services like poloniex etc.

What do you think about this ?
I've been using yobit exchange ever since but seeing this kind of news makes me want to pull my currencies and transferred it to other exchanges. But I'm still hoping that they will withdraw their decision
member
Activity: 532
Merit: 11
January 24, 2018, 01:51:17 AM
#21
What about Ethereum? usually the fee is only 0.01eth, or about $ 10.
Maybe the yobit fee goes up because the btc price goes down.
They are not the only one who's increasing the fees to their major altcoins. Binance does too, compare the TRON withdrawal fee of yobit it's 300 TRX, ETH withdrawal fee = 0.005, bitcoin withdrawal fee = 0.0012 BTC.
For someone that doesn't have that much fund on yobit can't withdraw one transaction many times it's better to take the fees lightly, withdraw with big amounts of the coins you want to check out.

Well, if we withdraw to exchange with money, I prefer to use ETH.
hero member
Activity: 2926
Merit: 570
Leading Crypto Sports Betting & Casino Platform
January 24, 2018, 01:39:11 AM
#20
What about Ethereum? usually the fee is only 0.01eth, or about $ 10.
Maybe the yobit fee goes up because the btc price goes down.
They are not the only one who's increasing the fees to their major altcoins. Binance does too, compare the TRON withdrawal fee of yobit it's 300 TRX, ETH withdrawal fee = 0.005, bitcoin withdrawal fee = 0.0012 BTC.
For someone that doesn't have that much fund on yobit can't withdraw one transaction many times it's better to take the fees lightly, withdraw with big amounts of the coins you want to check out.
member
Activity: 532
Merit: 11
January 24, 2018, 01:22:01 AM
#19

What about Ethereum? usually the fee is only 0.01eth, or about $ 10.
Maybe the yobit fee goes up because the btc price goes down.
hero member
Activity: 532
Merit: 500
January 23, 2018, 07:29:01 PM
#18
i think very bigest withdrawal fee
standard fee 100k satoshi, another yobit same use 150k satoshi withdrawal fee liqui
but i think still standard fee
member
Activity: 93
Merit: 10
January 23, 2018, 11:15:19 AM
#17
Yobit wants 300 Doges to withdraw doges!!!

:O

because Yobit will CLOSE soon!!!!
newbie
Activity: 7
Merit: 0
January 10, 2018, 06:11:15 PM
#16
Yobit wants 300 Doges to withdraw doges!!!

:O
sr. member
Activity: 658
Merit: 250
June 11, 2017, 07:31:47 AM
#15
I checked yobit today and discovered that their new charges for btc withdrawal is now 0.0015 btc and they said that is to prevent confirmation delay, you can check that on their twitter page https://twitter.com/YobitExchange this is times 15 of services like poloniex etc.

What do you think about this ?

Liqui has the same fees (0.0015BTC), and it isn't a surprise because the transaction fees are somewhere from 0.0012 and up so it's normal to have such a fee which is really high comparing with poloniex.

I don't know if the poloniex bitcoin withdrawal transaction are confirmed as the fee is really low 0.0001, but I think that they make the payments in multiple addresses at the same time and so the tx get confirmed!?

I just checked in bittrex and the fees are 0.001BTC (0.0005BTC less than yobit/liqui)

I think that they make the payments in multiple addresses at the same time and so the tx get confirmed!?

All exchanges pays out to multiple addresses at once and yobit will still take a lot of time before one confirmation, even if blockchain fees is 0.0012 btc according to your research exchanges makes profits from every transaction on their platform, withdrawal should be next to free.

My own personal opinion, this also create a market for a new altcoin exchange to emerge provided they can be a legit and trustworthy.
legendary
Activity: 1540
Merit: 1003
June 11, 2017, 04:52:11 AM
#14
I checked yobit today and discovered that their new charges for btc withdrawal is now 0.0015 btc and they said that is to prevent confirmation delay, you can check that on their twitter page https://twitter.com/YobitExchange this is times 15 of services like poloniex etc.

What do you think about this ?

Liqui has the same fees (0.0015BTC), and it isn't a surprise because the transaction fees are somewhere from 0.0012 and up so it's normal to have such a fee which is really high comparing with poloniex.

I don't know if the poloniex bitcoin withdrawal transaction are confirmed as the fee is really low 0.0001, but I think that they make the payments in multiple addresses at the same time and so the tx get confirmed!?

I just checked in bittrex and the fees are 0.001BTC (0.0005BTC less than yobit/liqui)
sr. member
Activity: 686
Merit: 251
I'm investigating Crypto Projects
June 11, 2017, 04:40:37 AM
#13
That fees is very crazy though someone said krakan charges a higher amount but overall this is weird, someone should tell those exchanges that it is not easy to earn bitcoin only for someone sitting at a corner of his office to remove all profits through charges.

Is there any wallet online or offline that is secure and charges a lower fee ?

This is why we need a decentralized Exchange! We need freedom from these fees and our accounts getting taken advantage of and getting our coins delested etc...
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