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Economy => Exchanges => Topic started by: LbtalkL on February 21, 2018, 12:01:17 PM



Title: Exchange with lowest BTC withdrawal Fee?
Post by: LbtalkL on February 21, 2018, 12:01:17 PM


https://i.imgur.com/P4wEDlx.png



Hi, I just wanted to create this thread to gather some info's on which exchange has the lowest BTC withdrawal  Fee.
I think this is very helpful to those who are new in cryptocurrency including me. I have visited  and tried some exchange
site and I found out they have different withdrawal fees. I am open for suggestions or if you knew an exchange with low
withdrawal fee  kindly reply to our thread and this will benefit us all.




Note:
This is the list of exchange I am using right now and some members suggestions.
The Exchanges mention below I cannot guarantee that your funds is safe there try in your own risk.
Withdrawal fees might change any moment it depends on network load or check it yourself on the
sources I have posted, I will update if there is any changes.
          
Warning:
Check the url first before entering your login details, there are so many clone/phising site right now.
Enable 2 factor authentication save recovery key and screenshot QR code.
Please bookmark it to your browser or install some phishing protection.



 
★★ List of Exchanges ★★
|
Exchanges
|
Rate
|
|bitstamp (https://www.bitstamp.net/)|No Fee|
|gdax (https://www.gdax.com/)|No Fee|
|shapeshift (https://shapeshift.io)|0.00015 btc|
|wex (https://wex.nz)|0.0003 btc|
|bitfinex (https://www.bitfinex.com/)|0.0004 btc|
|Poloniex (https://poloniex.com/)|0.0005 btc|
|binance (https://www.binance.com/)|0.0005 btc|
|coinexchange (https://www.coinexchange.io)|0.0005 btc|
|altilly (https://www.altilly.com)|0.0006 btc|
|huobi (https://www.huobi.pro/)|0.001 btc|
|bit-z (https://www.bit-z.com)|0.0001 btc|
|kraken (https://www.kraken.com/)|0.0005 btc|
|okex (https://www.okex.com)|0.0005 btc|
|kucoin (https://www.kucoin.com/)|0.001 btc|
|cryptopia (https://www.cryptopia.co.nz)|0.001 btc|
|hitbtc (https://hitbtc.com)|0.001 btc|
|cex (https://cex.io)|0.001 btc|
|bittrex (https://bittrex.com/)|0.001 btc|
|tradesatoshi (https://tradesatoshi.com/)|0.002 btc|
|gemini (https://gemini.com)|0.002 btc|
|coinbase (https://www.coinbase.com/)|Dynamic|



 
★★ Detailed List ★★

Code:
Exchange name: shapeshift
Exchange URL: https://shapeshift.io/
Fee structure/rate: 0.00015 btc
Source: https://info.shapeshift.io/about

Code:
Exchange name: WEX
Exchange URL: https://wex.nz
Fee structure/rate: 0.0003 BTC
Source: https://wex.nz/fees

Code:
Exchange name: bitfinex
Exchange URL: https://www.bitfinex.com/
Fee structure/rate: 0.0004 btc
Source: https://www.bitfinex.com/fees

Code:
Exchange name: poloniex
Exchange URL: https://poloniex.com
Fee structure/rate: 0.0005 btc
Source: https://poloniex.com/ [withdrawal page]

Code:
Exchange name: binance
Exchange URL: https://www.binance.com/
Fee structure/rate: 0.0005 btc
Source: https://www.binance.com/fees.html

Code:
Exchange name: coinexchange
Exchange URL: https://www.coinexchange.io/
Fee structure/rate: 0.0005 btc
Source: https://www.coinexchange.io/fees

Code:
Exchange name: altilly
Exchange URL: https://www.altilly.com
Fee structure/rate: 0.0006 btc
Source: https://www.altilly.com/page/fees

Code:
Exchange name: huobi
Exchange URL: https://www.huobi.pro
Fee structure/rate: 0.001 btc
Source: https://huobiglobal.zendesk.com/hc/en-us/articles/360000074411-Withdrawal-Limit-Fee

Code:
Exchange name: bit-z
Exchange URL: https://www.bit-z.com/
Fee structure/rate: 0.0001 btc
Source: https://www.bit-z.com/about/fee

Code:
Exchange name: kraken
Exchange URL: https://www.kraken.com
Fee structure/rate: 0.0005 btc
Source: https://support.kraken.com/hc/en-us/articles/201893608-What-are-the-withdrawal-fees-

Code:
Exchange name: okex
Exchange URL: https://www.okex.com
Fee structure/rate: 0.0005 btc
Source: https://www.okex.com [withdrawal page]

Code:
Exchange name: kucoin
Exchange URL: https://kucoin.com/
Fee structure/rate: 0.001 btc
Source: https://news.kucoin.com/en/fee/

Code:
Exchange name: cryptopia
Exchange URL: https://www.cryptopia.co.nz/
Fee structure/rate: 0.001 btc
Source: https://www.cryptopia.co.nz/ [withdrawal page]

Code:
Exchange name: hitbtc
Exchange URL: https://hitbtc.com/
Fee structure/rate: 0.001 btc
Source: https://hitbtc.com/account [withdrawal page]

Code:
Exchange name: bittrex
Exchange URL: https://bittrex.com/
Fee structure/rate: 0.001 btc
Source: https://bittrex.com/ [withdrawal page]

Code:
Exchange name: tradesatoshi
Exchange URL: https://tradesatoshi.com/
Fee structure/rate: 0.002 btc
Source: https://tradesatoshi.com/FeesStructure

Code:
Exchange name: Gemini
Exchange URL: https://gemini.com
Fee structure/rate: 10 free withdrawals per month, 0.002 BTC after the free withdrawals
Source: https://gemini.com/transfer-fee-schedule/

Code:
Exchange name: Coinbase
Exchange URL: https://www.coinbase.com/
Fee structure/rate: Dynamic based on network congestion
Source: https://support.coinbase.com/customer/portal/articles/2109597-buy-sell-bank-transfer-fees


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: Valandily on February 21, 2018, 12:13:30 PM
I think you shouldn't run for this because with the current load of BTC network all transactions with such small withdrawal fee (which is system commission basically) will get stuck in memory pool and not confirmed


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: ThachSanhTp on February 21, 2018, 12:28:19 PM
I usually withdraw/deposite via an altcoin (for example: Ethereum, Syscoin, Dogecoin...) instead of bitcoin because bitcoin's fee is too high and it takes much more time to process


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: LbtalkL on February 21, 2018, 12:29:03 PM
I think you shouldn't run for this because with the current load of BTC network all transactions with such small withdrawal fee (which is system commission basically) will get stuck in memory pool and not confirmed

Yes that is possible that's why I'm posting this thread to gather some info's. and i'm open for some advices. The higher the fee the sooner it will be process.
But for someone like me who is new to this stuff, I want to save some penny. As long as it will be process i'm fine with that. I have tried to withdraw with 0.0005 btc Fee and it was process for several hours.

I usually withdraw/deposite via an altcoin (for example: Ethereum, Syscoin, Dogecoin...) instead of bitcoin because bitcoin's fee is too high and it takes much more time to process
That's  a great input my friend I've been doing that too. If I have to transfer funds to other exchange. Doge and eth has fast and low tx fee.
But in my country if I want to convert my funds in cash. I need to withdraw it to BTC.


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: jasbill on February 22, 2018, 05:58:18 PM
Try cex.io
The fee for withdrawal is 0.001 BTC per transaction.
Here are also the limits https://cex.io/limits-commissions#/direction/withdrawal/currency/BTC (https://cex.io/limits-commissions#/direction/withdrawal/currency/BTC)
And the review of exchange - http://bitority.com/review-of-cexio/ (http://bitority.com/review-of-cexio/)


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: LbtalkL on February 24, 2018, 08:34:13 AM
Try cex.io
The fee for withdrawal is 0.001 BTC per transaction.
Here are also the limits https://cex.io/limits-commissions#/direction/withdrawal/currency/BTC (https://cex.io/limits-commissions#/direction/withdrawal/currency/BTC)
And the review of exchange - http://bitority.com/review-of-cexio/ (http://bitority.com/review-of-cexio/)

Thanks for your input my friend, I will surely check that site. I notice some exchanges is lowering their fees right now. That's a good news for us, maybe bitcoin blockchain is not congested at the moment.


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: magneto on February 25, 2018, 07:31:34 AM
Thanks for the information. I see a lot of people asking for this and it's nice to have a list.

For those who think that exchanges are currently charging a high rate for withdrawals, you'd be absolutely right. However exchanges will usually increase fees when the network load is big and it's affecting the transaction fees in a negative way, and don't decrease the fee or only decrease a little in a long period of time when the network load goes down like right now.

Don't use exchanges as a wallet. In fact if you just used a wallet right now, you'd be looking at upwards of 90% of savings on transaction fees. Most of the fees are pretty reasonable when put into context the tx fees a month or two ago.


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: jtipt on February 25, 2018, 03:23:33 PM
I usually withdraw/deposite via an altcoin (for example: Ethereum, Syscoin, Dogecoin...) instead of bitcoin because bitcoin's fee is too high and it takes much more time to process
That's a fine way of you want to withdraw just for a while and then trade again, but if someone wants to get out their BTC and hold them they need to withdraw the BTC.

@OP add shapeshift to your list, AFAIK their BTC withdrawal fee is only 0.0001


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: buwaytress on February 25, 2018, 06:28:08 PM
Thanks for the information. I see a lot of people asking for this and it's nice to have a list.

For those who think that exchanges are currently charging a high rate for withdrawals, you'd be absolutely right. However exchanges will usually increase fees when the network load is big and it's affecting the transaction fees in a negative way, and don't decrease the fee or only decrease a little in a long period of time when the network load goes down like right now.

Don't use exchanges as a wallet. In fact if you just used a wallet right now, you'd be looking at upwards of 90% of savings on transaction fees. Most of the fees are pretty reasonable when put into context the tx fees a month or two ago.

Yeah, anything upwards of 50k satoshi has been murderous for people using exchanges as wallets - or any site service, for that matter, which charges a fixed fee rate. Worst still, very few of these actually use proper fees when processing withdrawals, and during spikes in network congestion, expect them to skimp on fees (not even putting the fee charged to users to full use).

That said, for a very long time I used Poloniex to accept small payments, and then withdrew them to my own wallet when they reached a certain amount. They've always had a 0.0001 BTC fee, which increased recently to 0.005. Still was reasonable for most times and a steal for consolidating multiple inputs. So maybe add that to your list, OP?

Of course, it should be said exchanges can disappear with your funds at any time...


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: LbtalkL on February 26, 2018, 04:03:12 AM
Thanks for the information. I see a lot of people asking for this and it's nice to have a list.

For those who think that exchanges are currently charging a high rate for withdrawals, you'd be absolutely right. However exchanges will usually increase fees when the network load is big and it's affecting the transaction fees in a negative way, and don't decrease the fee or only decrease a little in a long period of time when the network load goes down like right now.

Don't use exchanges as a wallet. In fact if you just used a wallet right now, you'd be looking at upwards of 90% of savings on transaction fees. Most of the fees are pretty reasonable when put into context the tx fees a month or two ago.

Yeah, anything upwards of 50k satoshi has been murderous for people using exchanges as wallets - or any site service, for that matter, which charges a fixed fee rate. Worst still, very few of these actually use proper fees when processing withdrawals, and during spikes in network congestion, expect them to skimp on fees (not even putting the fee charged to users to full use).

That said, for a very long time I used Poloniex to accept small payments, and then withdrew them to my own wallet when they reached a certain amount. They've always had a 0.0001 BTC fee, which increased recently to 0.005. Still was reasonable for most times and a steal for consolidating multiple inputs. So maybe add that to your list, OP?

Of course, it should be said exchanges can disappear with your funds at any time...
Thanks I just want to clarify if its really 0.005 or 0.0005?
Yes there's no guarantee, they can run with our funds or just declare they been hacked whatsoever, so are you saying btc wallets is safer than to store btc on exchanges? Do you know some exchange that we can adjust the tx fee like bit-z? I think majority of the exchanges has fix fee.



@magneto
Thanks for your input my friend I have gain some knowlegde.  ;D


@jtipt
Thanks for dropping by, I've use shapeshift before and in fact shapeshift was the 1st exchange i've tried because its easy to use
I'm quiet surprise they have super low btc fee now. Maybe I'm going back there, Added to the list thanks.


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: buwaytress on February 26, 2018, 02:49:29 PM
Thanks I just want to clarify if its really 0.005 or 0.0005?
Yes there's no guarantee, they can run with our funds or just declare they been hacked whatsoever, so are you saying btc wallets is safer than to store btc on exchanges? Do you know some exchange that we can adjust the tx fee like bit-z? I think majority of the exchanges has fix fee.

It's 0.0005... or 50,000 satoshi if that's easier. I was thinking they'd set it back down to their old 10k sats fee but I guess we're going to see them hold on to that for a while, at least perhaps until they get on board with Segwit.

Of course storing on your own wallet is safer than on any exchange (with the exception of decentralised ones where they also don't store your private keys)... you should be the only one able to access your stored funds.

As I mentioned, there are some sites that allow fee adjustment, like the one I mentioned (CG). That's not an exchange though.


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: LbtalkL on March 02, 2018, 09:09:30 AM
Thanks I just want to clarify if its really 0.005 or 0.0005?
Yes there's no guarantee, they can run with our funds or just declare they been hacked whatsoever, so are you saying btc wallets is safer than to store btc on exchanges? Do you know some exchange that we can adjust the tx fee like bit-z? I think majority of the exchanges has fix fee.

It's 0.0005... or 50,000 satoshi if that's easier. I was thinking they'd set it back down to their old 10k sats fee but I guess we're going to see them hold on to that for a while, at least perhaps until they get on board with Segwit.

Of course storing on your own wallet is safer than on any exchange (with the exception of decentralised ones where they also don't store your private keys)... you should be the only one able to access your stored funds.

As I mentioned, there are some sites that allow fee adjustment, like the one I mentioned (CG). That's not an exchange though.
Thanks for the clarification mate.
So far the only exchange I know that offers fee adjustment is bit-z.


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: Addisonbt on March 07, 2018, 06:21:43 PM
Hey guys

Any solution please with min fee
convert 2.87 BTX -> BTC wallet

I think Bit-z.com fee .0005


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: LbtalkL on March 08, 2018, 05:38:02 AM
Hey guys

Any solution please with min fee
convert 2.87 BTX -> BTC wallet

I think Bit-z.com fee .0005

what is your question? you want to convert btx to btc?
If you want an estimated result you can try https://coinmarketcap.com/calculator/
If you want an accurate result find an exchange with btx and trade it there.
as of now 2.87 BTX is 0.00312830 BTC on bit-z and yeah they have 0.0005 wtihdrawal fee.


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: timerland on March 08, 2018, 07:38:17 AM
Thanks for opening and maintaining this list, because for small time traders this information is especially important for them. A 0.0005 BTC difference in fees can easily result in a loss in an otherwise winning trade if your trades are small.

Perhaps do this in a table form instead of an image though, since it is easier to update and maintain?

Also, 1. binance has lowered their fees to 0.0005 BTC due to the lower bitcoin transaction fee right now: https://www.reddit.com/r/CryptoCurrency/comments/81ck40/binance_btc_withdrawal_fees_reduced_50_to_00005/. Please update that in the OP.

2. Bittrex has a withdrawal fee for BTC of 0.001 BTC. Please add that in as well, cheers!


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: xianbits on March 08, 2018, 07:55:06 AM
Out of those exchanges, I guess only 4 of them have good volumes and are positively reviewed by most users. While these withdrawal fees are really good for us, let's also be careful where to put our money.
Thanks for tabulating it and for helping the community with this thought.


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: TheQuin on March 08, 2018, 08:25:29 AM
You could add Bitfinex to list, their current withdrawal fee is 0.0004BTC, but like most they do update that periodically so it might be difficult to keep this list up to date.
Then there's also Bittrex that has a fee of 0.001BTC that doesn't seem to change.




Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: Zocadas on March 09, 2018, 12:17:25 AM
This is a really helpful thread. Maybe we could list also tradsatoshi. They have sometimes interesting exchange rates, but I am still considering, whether I should register there (so I actually don't know the fees). Often, other pitfalls like extremely high withdraw-fees or other unpleasant surprises are to be expected at such unusual exchange rates.


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: lite on March 09, 2018, 02:19:30 AM
Can you add kraken,bitstamp and gdax on the list? kraken has 50k sats withdrawal fee, bitstamp and gdax have no withdrawal fee.


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: magneto on March 09, 2018, 07:18:22 AM
You should definitely add a format for new additions. E.g.:

Code:
Exchange name:
Exchange URL:
Updated bitcoin transaction fee:
Source:

The initiative is great, I think. But it's not going to work updating an image all the time. It's better to have text in the OP and just update the text every once in a while with new additions coming in. Editing text is simpler than image.

And yes, Bitfinex, Bittrex, Kraken, Bitstapm, they're all missing from this list.


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: LbtalkL on March 09, 2018, 12:50:02 PM
Thanks for opening and maintaining this list, because for small time traders this information is especially important for them. A 0.0005 BTC difference in fees can easily result in a loss in an otherwise winning trade if your trades are small.

Perhaps do this in a table form instead of an image though, since it is easier to update and maintain?

Also, 1. binance has lowered their fees to 0.0005 BTC due to the lower bitcoin transaction fee right now: https://www.reddit.com/r/CryptoCurrency/comments/81ck40/binance_btc_withdrawal_fees_reduced_50_to_00005/. Please update that in the OP.

2. Bittrex has a withdrawal fee for BTC of 0.001 BTC. Please add that in as well, cheers!
Thanks for your suggestion, I tried to do it on table but it doesn't work the table dont appear.
I use tr and td. I dont know maybe members limitations? I'm going to figure it out.
Thanks for updating withdrawal fee details.



Out of those exchanges, I guess only 4 of them have good volumes and are positively reviewed by most users. While these withdrawal fees are really good for us, let's also be careful where to put our money.
Thanks for tabulating it and for helping the community with this thought.
Thanks for passing by I will continue updating this as long as I'm online.



You could add Bitfinex to list, their current withdrawal fee is 0.0004BTC, but like most they do update that periodically so it might be difficult to keep this list up to date.
Then there's also Bittrex that has a fee of 0.001BTC that doesn't seem to change.

I will add it to the list mate. Thanks for yout inputs :)


This is a really helpful thread. Maybe we could list also tradsatoshi. They have sometimes interesting exchange rates, but I am still considering, whether I should register there (so I actually don't know the fees). Often, other pitfalls like extremely high withdraw-fees or other unpleasant surprises are to be expected at such unusual exchange rates.
Thanks for your appreciation mate, This thread really helps me and other members who is new to cryptocurrency.
I rescently registered to tradesatoshi yes they have quiet have a higher withdrawal fee compared to other exchanges, Amounting 0.002 btc.

Can you add kraken,bitstamp and gdax on the list? kraken has 50k sats withdrawal fee, bitstamp and gdax have no withdrawal fee.

This is very interesting so there are exchange with no withdrawal fee. how about their minimum withdrawal amount? I surely visit that site. Thanks mate.



You should definitely add a format for new additions. E.g.:

Code:
Exchange name:
Exchange URL:
Updated bitcoin transaction fee:
Source:

The initiative is great, I think. But it's not going to work updating an image all the time. It's better to have text in the OP and just update the text every once in a while with new additions coming in. Editing text is simpler than image.

And yes, Bitfinex, Bittrex, Kraken, Bitstapm, they're all missing from this list.

I think your right it is much easier to update anything if it is in text. Thanks mate I will update this thread soon.
I will surely add that to the list. :)


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: izay on March 09, 2018, 02:08:50 PM
This is really helpful for everyone especially for newbies out there like me. Having this kind of guidelines will make us aware and get updated on every fees circulating on different exchanges sites. Looking forward for more additional sites that offer less fees for us to save and have smooth transaction as well.


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: khufuking on March 09, 2018, 02:15:59 PM
Your list are so useful a lot of people asking this question repeatedly , so making a list is really a good thing . Just put in mind that this fees as stated above is changeable from time to time so I hope you keep this thread updated .

One thing I really do not understand a lot of this exchanges with 0.001 fee did not decreased there fees back after the load on the network become low . They just increase and never decrease back which I think is unacceptable .


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: LbtalkL on March 11, 2018, 03:12:52 PM
This is really helpful for everyone especially for newbies out there like me. Having this kind of guidelines will make us aware and get updated on every fees circulating on different exchanges sites. Looking forward for more additional sites that offer less fees for us to save and have smooth transaction as well.
Thanks for visiting, If you knew a site that is not listed on 1st page, I'm happy to add it on the list.  ;)

Your list are so useful a lot of people asking this question repeatedly , so making a list is really a good thing . Just put in mind that this fees as stated above is changeable from time to time so I hope you keep this thread updated .

One thing I really do not understand a lot of this exchanges with 0.001 fee did not decreased there fees back after the load on the network become low . They just increase and never decrease back which I think is unacceptable .

I will keep this thread updated thanks to you and to other members for appreciating what I've done here, As this thread grow old. I think I cannot check every exchange now and then but i'm thankful to other members for reminding me that there is changes in fee in a particular exchange.

I've notice that too. some exchange didn't bother to lower their fees. It force me to find an alternative with much lower fee.


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: richardsNY on March 11, 2018, 07:05:46 PM
Coinbase is something that I haven't seen pop up here, while with current network situation, their fees are just a few thousand satoshi, and thus lower than all the exchanges you have in your list (aside from the exchanges with free withdrawals obviously). Granted, their fees may increase again at the time the network starts to get cluttered again -- dynamic fee structure has positive and negative aspects. Gemini offers 10 free withdrawals per month, but starts asking for 0.002 BTC fees once you have used up your 10 free withdrawals. WEX has 0.0003 BTC withdrawal fees.

In format style as suggested by magneto, but slightly tweaked:

Code:
Exchange name: Coinbase
Exchange URL: https://www.coinbase.com/
Fee structure/rate: Dynamic based on network congestion
Source: https://support.coinbase.com/customer/portal/articles/2109597-buy-sell-bank-transfer-fees

Code:
Exchange name: Gemini
Exchange URL: https://gemini.com
Fee structure/rate: 10 free withdrawals per month, 0.002 BTC after the free withdrawals
Source: https://gemini.com/transfer-fee-schedule/

Code:
Exchange name: WEX
Exchange URL: https://wex.nz
Fee structure/rate: 0.0003 BTC
Source: https://wex.nz/fees


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: slaman29 on March 12, 2018, 12:06:43 PM
I will keep this thread updated thanks to you and to other members for appreciating what I've done here, As this thread grow old. I think I cannot check every exchange now and then but i'm thankful to other members for reminding me that there is changes in fee in a particular exchange.

I've notice that too. some exchange didn't bother to lower their fees. It force me to find an alternative with much lower fee.

It's a really good effort, thank you for this. I had not been aware, for example, that some exchanges I had stopped using precisely because of their increased fees, had already lowered their fees. I think the problem though is that, until these are changed manually, it will be very difficult to keep track of these changes. I think if users start discriminating against these unfair exchanges, we'd force them to be more reasonable. Competition is good for all of us.


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: LbtalkL on March 13, 2018, 09:19:44 PM
Coinbase is something that I haven't seen pop up here, while with current network situation, their fees are just a few thousand satoshi, and thus lower than all the exchanges you have in your list (aside from the exchanges with free withdrawals obviously). Granted, their fees may increase again at the time the network starts to get cluttered again -- dynamic fee structure has positive and negative aspects. Gemini offers 10 free withdrawals per month, but starts asking for 0.002 BTC fees once you have used up your 10 free withdrawals. WEX has 0.0003 BTC withdrawal fees.

In format style as suggested by magneto, but slightly tweaked:

Code:
Exchange name: Coinbase
Exchange URL: https://www.coinbase.com/
Fee structure/rate: Dynamic based on network congestion
Source: https://support.coinbase.com/customer/portal/articles/2109597-buy-sell-bank-transfer-fees

Code:
Exchange name: Gemini
Exchange URL: https://gemini.com
Fee structure/rate: 10 free withdrawals per month, 0.002 BTC after the free withdrawals
Source: https://gemini.com/transfer-fee-schedule/

Code:
Exchange name: WEX
Exchange URL: https://wex.nz
Fee structure/rate: 0.0003 BTC
Source: https://wex.nz/fees
Thanks for your Inputs and suggestion I will work into it. I'm just waiting for someone to suggest coinbase because I'm not really using it, trading in coinbase is not available in my country, its function is just like a wallet here in asia.


Hi sir, what do you think is much better a table like this or code type?

|
Exchanges
|
Rate
|
Source
|
|Gemini (https://gemini.com)|0.0003 BTC|Link (https://gemini.com/transfer-fee-schedule/)|


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: LbtalkL on March 13, 2018, 10:54:08 PM
I will keep this thread updated thanks to you and to other members for appreciating what I've done here, As this thread grow old. I think I cannot check every exchange now and then but i'm thankful to other members for reminding me that there is changes in fee in a particular exchange.

I've notice that too. some exchange didn't bother to lower their fees. It force me to find an alternative with much lower fee.

It's a really good effort, thank you for this. I had not been aware, for example, that some exchanges I had stopped using precisely because of their increased fees, had already lowered their fees. I think the problem though is that, until these are changed manually, it will be very difficult to keep track of these changes. I think if users start discriminating against these unfair exchanges, we'd force them to be more reasonable. Competition is good for all of us.
Thank for your appreciation mate that's true I cannot  check them all the time, but I like magneto and richardsNY suggestions to include the source so that everybody can check it all the time. but some exchange don't have a direct link to their fees we need to manually check on their withdrawal page.


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: LbtalkL on March 28, 2018, 04:16:04 AM
Shapeshift fee updated to 0.00027 btc from 0.000085 btc. maybe they have longer and pending transactions, that why they increase the fee.


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: LbtalkL on June 09, 2018, 07:40:47 AM
Update: Added okex and houbi.

I haven't tried this two exchanges but I think they have good reputation and huge trade volumes and in fact they are in the top 10 exchanges.
They are top 1 and top 3 exchanges at the moment. I will add more exchanges to the list soon.





Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: jerry0 on June 12, 2018, 08:21:33 PM
Can someone explain why shapeshift is on the list?  That site is used for exchanging crypto to another so im confused why its there?


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: TheQuin on June 13, 2018, 07:05:48 AM
Can someone explain why shapeshift is on the list?  That site is used for exchanging crypto to another so im confused why its there?

That's exactly what an exchange is. It converts from one currency to another. Exchanges have the ability to buy and sell one cryptocurrency for another and some also have the ability to exchange for FIAT currencies.


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: LbtalkL on June 17, 2018, 05:30:00 AM
Can someone explain why shapeshift is on the list?  That site is used for exchanging crypto to another so im confused why its there?
Maybe are you confused because shapeshift is a decentralized exchange. "A decentralized exchange is an exchange market that does not rely on third party service to hold customer’s funds". It is different from centralized exchanges like binance, houbi, etc. And the layout of shapeshift is different too unlike IDEX or Etherdelta quiet the same from other centralized exchange shapeshift has its own unique user interface.

That's exactly what an exchange is. It converts from one currency to another. Exchanges have the ability to buy and sell one cryptocurrency for another and some also have the ability to exchange for FIAT currencies.

Thanks for the response mate  :)



Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: Hamphser on June 17, 2018, 06:28:42 PM
Since its not on the list its an old exchange too but still operational.

https://c-cex.com    withdrawal fee wont really be on lowest. Previous months it is on 0.01 but now its been lowered to 0.002 which is still high.It would be great to be add up for other users awareness.


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: LbtalkL on June 21, 2018, 07:33:28 AM
Since its not on the list its an old exchange too but still operational.

https://c-cex.com    withdrawal fee wont really be on lowest. Previous months it is on 0.01 but now its been lowered to 0.002 which is still high.It would be great to be add up for other users awareness.
Thanks for your inputs I made some research its really an old exchange since 2014 if I am not mistaken and they are top 155 on coinmarketcap. They also have usd markets I haven't tried this exchange they have fiat to crypto so possibly they have credit card or direct to bank withdrawal. I don't see any sign up button on this exchange?. This exchange has scam accusations how is this true?


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: JanEmil on June 21, 2018, 10:46:13 AM
Exchange name: altilly
Exchange URL: https://www.altilly.com
Updated bitcoin transaction fee: https://www.altilly.com/page/fees
Source: 0.0006 BTC


Title: Re: Exchange with lowest BTC withdrawal Fee?
Post by: LbtalkL on June 22, 2018, 10:27:27 AM
Exchange name: altilly
Exchange URL: https://www.altilly.com
Updated bitcoin transaction fee: https://www.altilly.com/page/fees
Source: 0.0006 BTC
Complete information thank you mate, I'm not familiar with this exchange not that popular. I think this is s new exchange they just launch this year.
They have low volume right now but I think I will grow it depends on their reputation I will check this mate thanks.