Bitcoin Forum

If you are a trader newbie. You have trouble with fees from transferring coin from one the exchange to another. Especially with top coin like BTC / ETH / LTC / XRP ....

When transferring coin to trade from one the exchange to another, you should look for coin that low withdrawal fee that both the exchanges are available, it will minimize the withdrawal fees for you.
This is website fee withdrawal of each coin of two big exchanges: Binance and Bittrex for your reference : https://exchangebit.info.
Hope it will help you. Thanks for reading  ;D

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learning  the basic way about withdraw is only the key to know about ,, there are so many ways to learn from it, you should  trying to watch from the  youtube or google to search the basic way about it and to know the other circumtance about it, ,,i know its hard and doubt for the first time coz i belong of this situation, we know the is process and to proceed will be challenge,,

I always doing that when make withdraw any coins to others exchange, Bitcoin fee withdrawal too high, and usually i will sell my BTC first to others coins like DGB and DASH that tradeable in many exchange and then send it to other exchange, this is will reduce withdrawal fee.

You can avoid higher fees on withdrawal if you will buy dogecoin and transfer it to another exchange then trade your doge for bitcoin again and lastly proceed to cash-out , in this process you can avoid paying fees that is too much for a newbie trader.

This makes lots of sense to me, and it was what I expected to search and analyze. I do see a big help that comes from reading the article from the link you posted, checking sites to know current transaction fees will change and will help on reducing the fees, it will still be very big help to this community. But, there is no way we can escape the fees, no matter what we do, we will always pay some fee that is meant for every transaction. The only thing we can do is choose the comparatively lesser fee coin and exchange, but it will make us slow by giving you lots of hassles and headaches. I prefer using the priority. There isn’t much difference to the fees.

NEO and GAS have 0 withdrawal fees on all the popular exchanges. Its my go to coin if I just want to transfer funds from one exchange to another.

One of the good option is to withdraw crypto as btc, but change it to trade for eth and withdraw to other wallets as eth. i think this will reduce the fee a little.

I was doing that also sometimes if i want to transfer my money into another exchanger i was buying doge and transfer to another exchanger so i can save a transaction fee and after that i will sell dogecoin and turn it back to btc.

One of the best options is the transfer of bitcoin to the coin, which on the exchange where you want to transfer money, has a higher rate. So you can even earn some bitcoins.