Bitcoin Forum
May 24, 2024, 07:12:39 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: TradingTip:Smalltime Traders: How to lessen Withdrawal fee cost  (Read 166 times)
almost09 (OP)
Jr. Member
*
Offline Offline

Activity: 135
Merit: 2


View Profile
June 03, 2018, 04:07:59 AM
Last edit: July 05, 2018, 04:48:41 AM by almost09
Merited by jeffxuyun (1)
 #1



Most of traders u ???se altcoins like gas, neo, dgb, nano or doge. to lessen withdrawal fee cost when transferring assets from one exchange to another.  But what about when your about to cash out your btc or eth earnings from exchange to your wallets. Most exchanges like huobi, binance or bittrex charge from 0.0005-0.001 btc or 0.01eth which is about $6-7.

$6-7 withdrawal fee. What if you can lessen that cost for about 80%less?

What i do is i used a crosschain app. SWFTC.
Their app currently has listed 24 different coin which you can use to withdraw and exchange for btc and eth along with the 22 other coins.


Withdrawing btc on exchanges will cost me 0.0005-0.001btc.. What i do is i'll buy etc instead. Withdrawing ETC will only cost me 0.001etc now thats a tremendous discount right there.





 Then i will use the deposit address of ETC from swftc app as withdrawal address  after deposit has been confirmed then i will get the equivalent amount in btc to my personal wallet.



 That easy. Its fast and with such very very minimal transaction fee.

You can sign up for an account Here then download the app on google playstore.


▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
DAOX:  (https://daox.org/)
lenstark09
Jr. Member
*
Offline Offline

Activity: 41
Merit: 1


View Profile
June 03, 2018, 04:13:48 AM
Merited by almost09 (1)
 #2

Nice. This one is worth to try. Fees are greater than the amount to be withdraw then well just hesitate to withdraw our money. Its good that u have suggested new site to use. Il try this one. Thanks.
Leonard2016
Hero Member
*****
Offline Offline

Activity: 1036
Merit: 520



View Profile
June 03, 2018, 08:05:57 AM
 #3

I suggest you change your money to XRP next time instead of ETC ,
low fee coins in order :

1.XRP the lowest fee
2.Ltc
3.BCH

Of course come coins or tokens like IOTA or NANO designed to be zero fee but some of the exchanges don't have them!


             ▄          ▄▄▄▄    ▄
            ███      ▄██████▀  ▀█▀
            ███     ▄██▀
            ███     ███        ▄█▄   ▄█▄ ▄█████▄▄         ▄▄██████▄      ▄█▄ ▄█████▄▄         ▄▄█████▄▄        ▄▄█████▄▄
    ▄▄▄▄▄▄  ███     ███        ███   ██████▀▀▀▀███▄     ▄███▀▀▀▀▀███▄    ██████▀▀▀▀███▄     ▄███▀▀▀▀▀███▄    ▄███▀▀▀▀▀███▄
  ▄████████▄███  ▄█████████▄   ███   ████▀      ▀███   ▄██▀       ▀██▄   ████▀      ▀███   ▄██▀       ▀█▀   ▄██▀       ▀██▄
▄███▀    ▀█████   ▀▀███▀▀▀▀    ███   ███         ███   ███         ███   ███         ███   ███              ███████████████
███   ▄▄   ▀███     ███        ███   ███         ███   ███         ███   ███         ███   ███              ███▀▀▀▀▀▀▀▀▀▀▀
███   ▀▀   ▄███     ███        ███   ███         ███   ███         ███   ███         ███   ███         ▄    ███         ▄
▀███▄    ▄█████     ███        ███   ███         ███    ███▄▄   ▄▄████   ███         ███    ███▄▄    ▄███    ███▄▄   ▄▄███
  ▀████████▀███     ███        ███   ███         ███     ▀████████▀███   ███         ███     ▀█████████▀      ▀█████████▀
    ▀▀▀▀▀▀   ▀       ▀          ▀     ▀           ▀         ▀▀▀▀▀   ▀     ▀           ▀         ▀▀▀▀▀            ▀▀▀▀▀

       ▄▄▄▄▄▄▄
   ▄▄▀▀       ▀▀▄▄
  █               █ ▄
 █   █▀▄ ▀█▀ ▀█▀   █ ▀▄
 █   █▀▄  █   █    █  ▀▄
  █  ▀▀   ▀   ▀   █    █
▄▀ ▄▄           ▄▀    ▄▀
 ▀▀  ▀▀▄▄▄▄▄▄▄▀▀      ▀▄
        ▀▄▄      ▄▄▀▀▄▄▀
           ▀▀▀▀▀▀

                      ▄▄▄
  ▄█▄              ▄███████▄
  ▀████▄▄         ██████▀██████▀
    ▀▀▀████▄▄     ███████████▀
    ▀██▄███████▄▄███████████
     ▄▄▄▀██████████████████
      ▀████████████████████
▀█▄▄     ▀████████████████
  ▀████████████████▀█████
    ▀████████████▀▄▄███▀
       ▀▀██████████▀▀
           ▀▀▀▀▀

               ▄▄   ▄▄
              ▄▀ ▀▀█  █
             ▄▀     ▀▀
         ▄▄▄▄█▄
     ▄█▀▀▀▀▀▀▀▀▀▀█▄
 ▄▀▄▀              ▀▄▀▄
█  █   ▄█▄    ▄█▄   █  █
 ▀█    ▀█▀    ▀█▀    █▀
  █                  █
   █   ▀▄      ▄▀   █
    ▀▄   ▀▀▀▀▀▀   ▄▀
      ▀▀▄▄▄▄▄▄▄▄▀▀
New Age of DEFI
A Non-Code Platform for
Decentralized Trading Instruments

   ▄▄███████████████▄▄
 ▄█████████████████████▄
▄██████████████▀▀███████▄
████████████▀▀    ███████
█████████▀▀   ▄   ███████
██████▀▀     █    ███████
████▀       █     ███████
█████▄▄   ▄█      ███████
████████ ██▄      ███████
▀████████ ▀▄███▄▄███████▀
 ▀█████████████████████▀
   ▀▀███████████████▀▀

     ▄              ▄
   ▄███▄          ▄███▄
   █████▄  ▄▄▄▄  ▄█████
  ▄████████████████████▄
 ▄██████████████████████▄
 ████████████████████████
██████▀▀          ▀▀██████
█████▀   ▄      ▄   ▀█████
 ████   ███    ███   ████
  ████   ▀      ▀   ████
   ▀████▄▄▄▄▄▄▄▄▄▄████▀
     ▀▀████████████▀▀

   ▄▄████████████████▄▄
 ▄█████▀▀▀██████▀▀▀█████▄
▄████▀  ▀▀▀    ▀▀▀  ▀████▄
████▀                ▀████
███▀                  ▀███
███       ▄    ▄       ███
██▀      ███  ███      ▀██
██       ▀█▀  ▀█▀       ██
██▄     ▄        ▄     ▄██
▀██▄     ▀▀▄▄▄▄▀▀     ███▀
 ▀███▄▄▄▄▄▄████▄▄▄▄▄▄███▀
   ▀▀████████████████▀▀
Tytanowy Janusz
Legendary
*
Offline Offline

Activity: 2156
Merit: 1622


View Profile
June 03, 2018, 09:12:55 AM
 #4

Did you checked how high spread is? Mayby withdrawal fee is small but spead might be for example 3% and for 1000$ change from alt/btc/alt will cost 30$.
almost09 (OP)
Jr. Member
*
Offline Offline

Activity: 135
Merit: 2


View Profile
June 03, 2018, 10:15:25 AM
 #5

I suggest you change your money to XRP next time instead of ETC ,
low fee coins in order :

1.XRP the lowest fee
2.Ltc
3.BCH

Of course come coins or tokens like IOTA or NANO designed to be zero fee but some of the exchanges don't have them!

XRP is not listed on swftc app so i cant do a crosschain of xrp to btc.

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
DAOX:  (https://daox.org/)
almost09 (OP)
Jr. Member
*
Offline Offline

Activity: 135
Merit: 2


View Profile
June 03, 2018, 10:16:45 AM
 #6

Did you checked how high spread is? Mayby withdrawal fee is small but spead might be for example 3% and for 1000$ change from alt/btc/alt will cost 30$.

The app AI selects the best rate from all the exchanges so im not worried of the spread on price at all.

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
DAOX:  (https://daox.org/)
qmclak
Jr. Member
*
Offline Offline

Activity: 275
Merit: 2

"Trade with profit"


View Profile WWW
June 12, 2018, 01:52:24 PM
 #7

Yeah, I like this app😊😊

♦[https://www.forextrendy.com/?hop=scdigital9]♦ ► FOREX TRENDY ◄ ♦TRENDS SCANNER ,Increase your chance in winning  ♦
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!