Poloniex Withdrawal Fee

[emnsta]

Hello I want to know if The Withdrawal fee of Poloniex is really 0.00010? For example if I withdraw my 100ksat I will receive 90ksats? right?

[AndroidCoin]

Hello I want to know if The Withdrawal fee of Poloniex is really 0.00010? For example if I withdraw my 100ksat I will receive 90ksats? right?

Yes, if my memory is correct, the withdrawal fee of Poloniex is still 0.0001 for BTC.

A 100k sat withdrawal will leave you 90k sat. I cannot remember there is another exchange still having this level of low BTC withdrawal fee.

[tomos81]

few days ago it was 10k satoshis, yesterday 20k, now 50k . .  WTF?

[kiiiiiiiii]

Just noticed that.
What's happening ? 

[Bonez0r]

Just noticed that.
What's happening ? 

What 's happening is that transaction fees are at an all time high on the btc network. If Polo doesn't use a high fee, the transactions might take unacceptably long or even get stuck and people would blame Polo and bury them in support tickets. I'm making periodic usdt withdrawals and the fee used to be 8 usdt. Then one got stuck for days, i contacted Polo support about it and now they increased usdt withdrawal fee to 25 usdt. It's ridiculously high but needed. Now every withdrawal i make is included in the next block. I still remember the time when a btc transaction cost only 5 cents and the low cost was considered on of the biggest advantages of crypto.

[kiiiiiiiii]

Just noticed that.
What's happening ? 

What 's happening is that transaction fees are at an all time high on the btc network. If Polo doesn't use a high fee, the transactions might take unacceptably long or even get stuck and people would blame Polo and bury them in support tickets. I'm making periodic usdt withdrawals and the fee used to be 8 usdt. Then one got stuck for days, i contacted Polo support about it and now they increased usdt withdrawal fee to 25 usdt. It's ridiculously high but needed. Now every withdrawal i make is included in the next block. I still remember the time when a btc transaction cost only 5 cents and the low cost was considered on of the biggest advantages of crypto.

Thank you Bonez0r.