Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: fenican on May 22, 2013, 12:21:32 PM



Title: Cryptsy BTC withdrawal fee .01 BTC {** FIXED cryptsy droppped it to .001 **}
Post by: fenican on May 22, 2013, 12:21:32 PM
Do these guys think they are BTC-E ? Not going to make any further us of the site until this is corrected.  Gross to have to pay $1.20 or so for a simple withdrawal action.

BTER, a much more established exchange, only charges .001 BTC per withdrawal

A key reason I rarely use BTC-E, despite its robustness and entertaining troll box, is that withdrawal fee


Title: Re: Cryptsy BTC withdrawal fee .01 BTC. Seriously ???
Post by: Hydroponica on May 22, 2013, 12:26:33 PM
Do these guys think they are BTC-E ? Not going to make any further us of the site until this is corrected.  Gross to have to pay $1.20 or so for a simple withdrawal action.

BTER, a much more established exchange, only charges .001 BTC per withdrawal

A key reason I rarely use BTC-E, despite its robustness and entertaining troll box, is that withdrawal fee

I'd call that a stupid tax, for bothering with fails coins to begin with ::)


Title: Re: Cryptsy BTC withdrawal fee .01 BTC. Seriously ???
Post by: Praxis on May 22, 2013, 12:27:47 PM
Do these guys think they are BTC-E ? Not going to make any further us of the site until this is corrected.  Gross to have to pay $1.20 or so for a simple withdrawal action.

BTER, a much more established exchange, only charges .001 BTC per withdrawal

A key reason I rarely use BTC-E, despite its robustness and entertaining troll box, is that withdrawal fee

I'd call that a stupid tax, for bothering with fails coins to begin with ::)

There should be a "troll tax" for this forum - people who never contribute anything useful and their post count is purely from useless spammy troll posts, should pay a fee.
 What do you think about that, Hydro?  ;)


Title: Re: Cryptsy BTC withdrawal fee .01 BTC. Seriously ???
Post by: Hydroponica on May 22, 2013, 12:28:51 PM
Do these guys think they are BTC-E ? Not going to make any further us of the site until this is corrected.  Gross to have to pay $1.20 or so for a simple withdrawal action.

BTER, a much more established exchange, only charges .001 BTC per withdrawal

A key reason I rarely use BTC-E, despite its robustness and entertaining troll box, is that withdrawal fee

I'd call that a stupid tax, for bothering with fails coins to begin with ::)

There should be a "troll tax" for this forum - people who never contribute anything useful and their post count is purely from useless spammy troll posts, should pay a fee.
 What do you think about that, Hydro?  ;)

YOLO, seems to be today's theme ;)


Title: Re: Cryptsy BTC withdrawal fee .01 BTC. Seriously ???
Post by: Petr1fied on May 22, 2013, 02:12:25 PM
Just convert it to WDC and withdraw it to mcxNOW with a 0.1 WDC fee. Convert it back to BTC at mcxNOW and withdraw from there with a 0.005 BTC fee. Amount eaten by fees is minimal or even pays for itself depending on the price you get rid of your WDC at mcxNOW.


Title: Re: Cryptsy BTC withdrawal fee .01 BTC. Seriously ???
Post by: Yuri. on May 22, 2013, 02:14:27 PM
Just convert it to WDC and withdraw it to mcxNOW with a 0.1 WDC fee. Convert it back to BTC at mcxNOW and withdraw from there with a 0.0005 BTC fee. Amount eaten by fees is minimal or even pays for itself depending on the price you get rid of your WDC at mcxNOW.
There is no depth to make that worth, specially at cryptsy


Title: Re: Cryptsy BTC withdrawal fee .01 BTC. Seriously ???
Post by: Arkanine on May 22, 2013, 02:18:39 PM
yeah. I also think 0.05 is seriously too high. I bet they wanted to write 0.005 ^^


Title: Re: Cryptsy BTC withdrawal fee .01 BTC. Seriously ???
Post by: Petr1fied on May 22, 2013, 02:20:07 PM
You just need to be patient and wait for a sale. I've already done the above procedure with PWC --> BTC --> WDC --> mcxNOW --> BTC and made extra on every leg of the trade.

Pain in the ass, yes. But it does save you fees that are over the odds.


Title: Re: Cryptsy BTC withdrawal fee .01 BTC. Seriously ???
Post by: TheSwede75 on May 22, 2013, 02:33:33 PM
Do these guys think they are BTC-E ? Not going to make any further us of the site until this is corrected.  Gross to have to pay $1.20 or so for a simple withdrawal action.

BTER, a much more established exchange, only charges .001 BTC per withdrawal

A key reason I rarely use BTC-E, despite its robustness and entertaining troll box, is that withdrawal fee

I'd call that a stupid tax, for bothering with fails coins to begin with ::)

No kidding. Why would anyone throw good money after bad on cryptonit, mxcnow or cryptsy? Yeah trust $1000s with a basement server run by teenagers, seems like a great idea right?


Title: Re: Cryptsy BTC withdrawal fee .01 BTC. Seriously ???
Post by: TheSwede75 on May 22, 2013, 02:35:10 PM
Just convert it to WDC and withdraw it to mcxNOW with a 0.1 WDC fee. Convert it back to BTC at mcxNOW and withdraw from there with a 0.005 BTC fee. Amount eaten by fees is minimal or even pays for itself depending on the price you get rid of your WDC at mcxNOW.

Ha ha ha, yeah seems so smart. No chance of currency diff killing you there at all. Especially dealing with different muppet coins with no order depth..  ::)


Title: Re: Cryptsy BTC withdrawal fee .01 BTC. Seriously ???
Post by: hdclover on May 22, 2013, 02:36:16 PM
they need to pay for their expenses too
 0.01 BTC is fair enough.


Title: Re: Cryptsy BTC withdrawal fee .01 BTC. Seriously ???
Post by: syn999 on May 22, 2013, 02:38:18 PM
maybe they want you keep the cash in their system?


Title: Re: Cryptsy BTC withdrawal fee .01 BTC. Seriously ???
Post by: Yuri. on May 22, 2013, 03:10:29 PM
I e-mailed support, they responded but apparently this was a mistake, because he thinks the network charges this much.
E-mail them too, they will lower the fee after it's clear for them.


Title: Re: Cryptsy BTC withdrawal fee .01 BTC. Seriously ???
Post by: Yuri. on May 22, 2013, 03:14:50 PM
Support already replied, they are quick  :)
He said they will lower the fee.


Title: Re: Cryptsy BTC withdrawal fee .01 BTC. Seriously ???
Post by: hax0red on May 22, 2013, 03:26:17 PM
Support already replied, they are quick  :)
He said they will lower the fee.

Thats good because I sold 230 powercoins and didnt even make enough to meet the withdraw fee so I wrote it off. free .001 btc they will never touch is better then paying .01 IMO. I might go back to check the lowered fee but at this point I could care less since I'm not bothering with pwc anymore.


Title: Re: Cryptsy BTC withdrawal fee .01 BTC. Seriously ???
Post by: Yuri. on May 22, 2013, 05:17:25 PM
Lowered to 0.001, now it's good :)


Title: Re: Cryptsy BTC withdrawal fee .01 BTC. Seriously ???
Post by: crypt0maniac on May 22, 2013, 05:18:50 PM
atleaset they quicky fixed it... As a new exchanges all fees should be removed...


Title: Re: Cryptsy BTC withdrawal fee .01 BTC. Seriously ???
Post by: fenican on May 22, 2013, 05:22:36 PM
Excellent exchange I appreciate their quick action to correct that fee


Title: Re: Cryptsy BTC withdrawal fee .01 BTC {** FIXED cryptsy droppped it to .001 **}
Post by: perhan007 on May 22, 2013, 05:24:57 PM
If I was the owner, I would remove all fees for the next 2 weeks... It would work so much better... And people stay where they are when they get used to it.


Title: Re: Cryptsy BTC withdrawal fee .01 BTC. Seriously ???
Post by: tacoman on July 04, 2013, 03:14:06 AM
they need to pay for their expenses too
 0.01 BTC is fair enough.

You hit the nail on the head.  Nothing says vile, evil greed like taking a whole dollar!   ::)