Bitcoin Forum

Economy => Exchanges => Topic started by: nikita3004 on December 15, 2017, 11:50:07 PM



Title: Transaction from GDAX to Bitfinex: 0.0015 and ∽0.004 was chaged!
Post by: nikita3004 on December 15, 2017, 11:50:07 PM
So i have sent 0.0015 BTC from GDAX to Bitfinex, and received were only something around 0.001. WHY?? All GDAX withdraws are free or???  But 30% fee is not normal as well or?

Thanks for replies!


here are the infos

https://www.blocktrail.com/BTC/tx/bbf6308cc28cd7e44f6c5a2f1ade6999103f4717928c2b099671787ca0010079


Title: Re: Transaction from GDAX to Bitfinex: 0.0015 and ∽0.004 was chaged!
Post by: audaciousbeing on December 16, 2017, 02:50:11 PM
So i have sent 0.0015 BTC from GDAX to Bitfinex, and received were only something around 0.001. WHY?? All GDAX withdraws are free or???  But 30% fee is not normal as well or?

Thanks for replies!


here are the infos

https://www.blocktrail.com/BTC/tx/bbf6308cc28cd7e44f6c5a2f1ade6999103f4717928c2b099671787ca0010079

This is beyond either GDAX or Bitfinex but that is the current reality of making transfer via btc. The amount I'd quite high but because of how fast they want it to confirm, they just apply a blanket amount as charges which happen to be 30% of what you are sending. Just like Paxful that would charge you 0.0008 irrespective of what you are sending  and some other exchange too. Bit what happened here was you were not told whether to include the transaction fee in what you are sending or they must have notified you but you didn't note it before confirming it which they then deduct from the amount being sent. Hopefully this would be reduced when transaction fees gets lower but for now, there is nothing you can do about it.