USDT transfer fees -

[DrStein]

Hi all.

I just registered a new account to binance and I tried to transfer 100 USDT from my Bittrex account to the Binance USDT wallet.
I have transferred crypto between exchanges many times and I thought that this procedure is similar to any other crypto transfer...but...when I tried to transfer tether dollars I realized that the transfer fee was 25%!!!!
In the withdrawal window at Bittrex the transactions fees (Tx fee field) for 100 USDT was 25 USDT!!!! Is this possible? Am I doing something wrong?

Any help would be appreciated.

[BitcoinTurk]

I think it is not possible because if you want to transfer Bitcoin for example you will not pay that amount of fee. I didn't use USDT before but i think you have some wrong informaation with your account.

[DrStein]

Thanks for your reply. You mean that the fee is high because my binance account is new? But this high fee is charged in Bittrex withdrawal window. My bittrex account is an approved basic account I don't think that it could be that.

[khufuking]

I know this is an old thread but I was searching about USDT transaction and found this thread which have wrong information . So just incase someone else find it he also find correct INFO . 

Bitrrex fee for USDT is fixed for 25 USDT not 25% this have nothing to do with what type of account you have whether it is old or new basic or enchanted . Bittrex fee is crazy high when it come to USDT I would advice anyone to just buy other coin and use it to transfer such as BCC , LTC and XRP and so on .

[sepehr]

Thanks for the update