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Alternate cryptocurrencies => Service Discussion (Altcoins) => Topic started by: HugoStiglitz on August 20, 2018, 05:16:58 PM



Title: 🔴 ⚫️ Spreadsheet for reducing exchanges withdrawal fees ⚫️ 🔴
Post by: HugoStiglitz on August 20, 2018, 05:16:58 PM
Hi everybody.

I think many forum users from time to time face a situation when you need to withdraw your funds from an exchange and have to pay a significant fee for this operation.

I have regularly thought about finding a way to solve this problem and save money on the distance without wasting a lot of time and finally stopped on this idea. I chose some coins and tokens, which can be used for withdrawing with a low fee and packed all this stuff into the spreadsheet to make the process of choosing the specific coin or token more convenient. Right now, there is information about 81 exchanges in the spreadsheet. All prices are imported straightly from CoinMarketCap and get updated every 15 minutes.



Small Guide.

On sheets A-B, C, D-K, L-R, S-Z, you can find information about exchanges, which name starts with a letter from one of the following ranges.

On the sheet Summary, there is an information about average and median fees for every coin or token and their prices.

On the sheet Additional you can find the additional list of coins and tokens, which also can be used for withdrawing with a small fee. They weren’t included in the main list due to low volumes or bad ratio between average and median fees.

On the sheet Helpful Links, you can find some useful links for every coin or token from the main list.

On the sheet BTC&ETH there is a little bit more convenient table with fees for withdrawing BTC and ETH from (currently) 81 exchanges.



Found mistake? Have an idea about how to improve the spreadsheet? Please, let me know by pm or leaving a message in the topic. Constructive criticism is welcome. Thanks in advance!



This information is not a financial advice. If you want to make a deposit on the exchange you’ve never used before, do your own research about risks and don’t forget to check things like KYC requirement or trading volumes.


Link to the Spreadsheet (https://docs.google.com/spreadsheets/d/1SaDvHMLZ6w2MHi11IsxOA10LKQLd8C6K6e-Cud_jkZM/edit?usp=sharing)


Title: Re: Table, which can help in reducing withdrawal fees
Post by: jallu74 on August 21, 2018, 08:03:16 AM
Thank you, a very valuable thing for the trader. I didn't even think I could find such a useful table for myself. In my opinion, your work deserves great merit.


Title: Re: Table, which can help in reducing withdrawal fees
Post by: HugoStiglitz on August 22, 2018, 05:57:36 AM
Added 2 new exchanges: Allcoin and BCEX. There are some problems with filters for both of them. Unfortunately, I have to go now, but I'll try to fix it later. Other filters should work correctly.

Thank you, a very valuable thing for the trader. I didn't even think I could find such a useful table for myself. In my opinion, your work deserves great merit.

Thanks for the feedback. Glad to see I'm not the only one who cares about this issue


Title: Re: Spreadsheet for reducing fees for withdrawals from exchanges
Post by: HugoStiglitz on August 27, 2018, 06:39:14 PM
Any opinions? Should I write a more detailed guide or something like this?


Title: Re: Spreadsheet for reducing fees for withdrawals from exchanges
Post by: tot-o on August 27, 2018, 07:05:17 PM
Nice one buddy!!!
Monitoring the sudden changes of token or coins price in a certain exchange a helpful especially during critical times... Good Job.

If you could teach us to create one step by step it would be awesome!!!


Title: Re: Spreadsheet for reducing fees for withdrawals from exchanges
Post by: HugoStiglitz on August 28, 2018, 06:11:18 AM
Nice one buddy!!!
Monitoring the sudden changes of token or coins price in a certain exchange a helpful especially during critical times... Good Job.

If you could teach us to create one step by step it would be awesome!!!

It's monitoring amounts of fees, not prices on certain exchanges. Differences between prices on exchanges are easier to track on CoinMarketCap.


Title: Re: Spreadsheet for reducing fees for withdrawals from exchanges
Post by: bastian466 on October 26, 2018, 07:23:54 AM
Withdrawal fees are indeed trivial but always pay attention to size, this is very helpful for comparison. exchanges with the cheapest withdrawal fees are sought by hunters and traders to reduce transaction costs


Title: Re: ●●●●● Spreadsheet for reducing exchanges withdrawal fees ●●●●●
Post by: HugoStiglitz on October 29, 2018, 04:53:00 PM
I've just updated info about 4 exchanges. Coinhub, DigiFinex, and Fatbtc listed some coins, which I frequently use for reducing fees. On Vebitcoin there are some strange issues and withdrawals for many coins are suspended.


Title: Re: ●●●●● Spreadsheet for reducing exchanges withdrawal fees ●●●●●
Post by: Adriano2010 on October 29, 2018, 06:07:38 PM
Thanks for doing this. This can help a lot of users who want withdraw and not have a high amount of money (coins) invested. I also sometimes when i need cash (low amounts) i exchange my altcoins to bitcoin and after to bitcoin cash to avoid higher fee when withdrawing and after i cash out bitcoin cash.


Title: Re: 🔴 🔴 Spreadsheet for reducing exchanges withdrawal fees 🔴 🔴
Post by: HugoStiglitz on November 01, 2018, 02:42:10 PM
Update

  • Allcoin reopened cashouts of HyperCash (previous Hshare).
  • Altcoin Trader listed Gas and Stellar, fees for withdrawing them are quite low.
  • HitBTC reopened withdrawing for Siacoin and Stellar, but the fee for cash out XLM is 40 coins  >:(


Title: Re: 🔴 🔴 Spreadsheet for reducing exchanges withdrawal fees 🔴 🔴
Post by: HugoStiglitz on November 04, 2018, 06:19:09 AM
Update

  • Sad news: Bibox delisted ACAT. That was the cheapest way to cash out funds from this exchange.
  • Coinbe listed ADA. Not the best option there, but it can be useful for those, who frequently use Cardano.
  • Binance reopened withdrawing of ONT. There is no any fee for this operation.


Title: Re: 🔴 🔴 Spreadsheet for reducing exchanges withdrawal fees 🔴 🔴
Post by: mamesso on November 05, 2018, 01:38:42 PM
very helpful, thank you for sharing.
I hope you keep updating this data if there are changes or there are coins that are delisted from the exchange


Title: Re: 🔴 🔴 Spreadsheet for reducing exchanges withdrawal fees 🔴 🔴
Post by: zenrol28 on November 05, 2018, 10:42:28 PM
Hi there, I think you can freeze your 1st row and column so it'll be easier to identify where do the numbers belong even with a lot of headers. Your sheets are quite helpful.

https://i.imgur.com/pcCvYwD.png


Title: Re: 🔴 🔴 Spreadsheet for reducing exchanges withdrawal fees 🔴 🔴
Post by: daladno12 on November 05, 2018, 11:54:42 PM
Man, you made the great job (table)! I even didn't know before that there are exchanges that charge eth withdrawals with fees below 1 USD (or 0.005 eth)


Title: Re: 🔴 🔴 Spreadsheet for reducing exchanges withdrawal fees 🔴 🔴
Post by: HugoStiglitz on November 06, 2018, 04:10:46 AM
Hi there, I think you can freeze your 1st row and column so it'll be easier to identify where do the numbers belong even with a lot of headers. Your sheets are quite helpful.

Hi, I've just done it. I didn't see a point in doing it for all sheets except "BTC&ETH" earlier, but due to your post realized the fact it can be important for using the table on different devices.

Thanks everybody for the feedback, right now it really motivates to keep on updating the spreadsheet.


Title: Re: 🔴 🔴 Spreadsheet for reducing exchanges withdrawal fees 🔴 🔴
Post by: zenrol28 on November 07, 2018, 11:49:07 PM
Hi again, freezing the 1st column will also help a lot when the spreadsheet is being viewed on a phone.
https://i.imgur.com/JdKyyku.jpg
(I scrolled the spreadsheet on the mid-section and i can't see what coin am i looking at)  :)


Title: Re: 🔴 🔴 Spreadsheet for reducing exchanges withdrawal fees 🔴 🔴
Post by: HugoStiglitz on November 08, 2018, 11:33:05 AM
Update



Title: Re: 🔴 🔴 Spreadsheet for reducing exchanges withdrawal fees 🔴 🔴
Post by: HugoStiglitz on November 10, 2018, 01:10:24 PM
Update

  • Deleted all info about CryptoHub exchange. It was hacked, then closed and the domain was sold.
  • Verge (XVG) was listed on Huobi. The fee for a withdraw is quite high, but there are many better options on this exchange.
  • Huobi reopened cashouts of Ontology (ONT). The fee is extremely high, some exchanges withdraw this token for free.


Title: Re: 🔴 🔴 Spreadsheet for reducing exchanges withdrawal fees 🔴 🔴
Post by: HugoStiglitz on November 12, 2018, 06:13:23 AM
Update

  • CoinEgg paused withdrawals of BitShares (BTS) and Ontology (ONT)
  • Bibox listed Ontology (ONT). The withdrawal fee is high for this coin.


Title: Re: 🔴 ⚫️ Spreadsheet for reducing exchanges withdrawal fees ⚫️ 🔴
Post by: HugoStiglitz on November 15, 2018, 03:58:28 AM
Update

  • QBTC listed Dash and HyperCash (HC)
  • OKEx reopened withdrawals of ONT, Waves and XLM. The fee for withdrawing Stellar nearly equals to zero.


Title: Re: 🔴 ⚫️ Spreadsheet for reducing exchanges withdrawal fees ⚫️ 🔴
Post by: slaman29 on November 16, 2018, 02:56:47 PM
Nice list you got going here, even though most of those coins are just something I rarely withdraw out. Is it common for people to withdraw alts from exchanges other than the big ones? I mean, I do all my trades and usually withdraw in Bitcoin, other times in ETH or LTC, depending on the fee (that's actually how I reduce my fees, just choosing the cheapest ones and making sure I don't lose too much from exchanging). I don't really see the point in withdrawing often, especially when it's just low cap alts.


Title: Re: 🔴 ⚫️ Spreadsheet for reducing exchanges withdrawal fees ⚫️ 🔴
Post by: HugoStiglitz on November 17, 2018, 07:25:09 PM
Nice list you got going here, even though most of those coins are just something I rarely withdraw out. Is it common for people to withdraw alts from exchanges other than the big ones? I mean, I do all my trades and usually withdraw in Bitcoin, other times in ETH or LTC, depending on the fee (that's actually how I reduce my fees, just choosing the cheapest ones and making sure I don't lose too much from exchanging). I don't really see the point in withdrawing often, especially when it's just low cap alts.

I don't know, I think it depends on everybody's personal needs and preferences. The aim of the spreadsheet is not to just inform people about what exactly fee they will have to pay. It should help to save money on the distance for those, who frequently have a necessity to transfer funds from one exchange to another. When I started creating it, ICO investors and bounty hunters often faced such situations.

For example, I suppose in August an "average" bounty hunter finished 20 campaigns in a month. Right now the average fee for withdrawing Ethereum is ~0.015 ETH accordingly to my table. It's quite rough estimation, but I think with summer prices it could save an equivalent of 60-80$ per month for the named "average" bounty hunter. I can't be sure in exact numbers for ICO investors, but I assume there would be approximately same amount.

Surely, profits in both of these spheres have significantly reduced during the last couple of months, but if the market goes up, the spreadsheet should become actual again.