High ETH withdraw Fees, how to Solve

[pauloaragaomelo]

maybe that's the way you can do it as long as there are still high cost constraints from ethereum, because sometimes the fees charged can exceed what you have and this is very painful. but since this is something that must be done, of course looking for other alternatives is a must that needs to be done and many alternatives can be used to avoid this, even though swapping is still incurring high costs but avoiding WD is also important. is a necessary and legitimate thing.

Providing a solution using another alternative chain network is not the expected solution OP, this thread aims to find a solution for low withdrawals from the ETH network on top exchanges, currently I am only using binance exchange for trading and withdrawal activities, estimated withdrawals for ETH should be paid under $20.

[tsaroz]

I use Binance,  Kucoin etc crypto exchange for Trading, Binance use very often and I use Kucoin very rarely. But my main problem is high eth withdraw fees from Exchange to Personal wallet (MyEtherwallet). Have any crypto exchange with low withdraw fees?               

I haven't tried it but withdrawing it on a coin that has zero fees on polygon or BSC network, exchanging it to Ethereum token, and bridging it Ethereum network maybe an option. Why exactly do you want to put the coins in myetherwallet on first place? There could be alternative way to buy the coin you want or the ICO you want to participate. Make transactions as few and as large as possible so that you'd not be paying on ethereum network multiple of times.

[TribalBob]

I use Binance,  Kucoin etc crypto exchange for Trading, Binance use very often and I use Kucoin very rarely. But my main problem is high eth withdraw fees from Exchange to Personal wallet (MyEtherwallet). Have any crypto exchange with low withdraw fees?               

FTX is the exchange with the lowest fees for sending eth , compared to other exchanges

[fullhdpixel]

maybe that's the way you can do it as long as there are still high cost constraints from ethereum, because sometimes the fees charged can exceed what you have and this is very painful. but since this is something that must be done, of course looking for other alternatives is a must that needs to be done and many alternatives can be used to avoid this, even though swapping is still incurring high costs but avoiding WD is also important. is a necessary and legitimate thing.

Providing a solution using another alternative chain network is not the expected solution OP, this thread aims to find a solution for low withdrawals from the ETH network on top exchanges, currently I am only using binance exchange for trading and withdrawal activities, estimated withdrawals for ETH should be paid under $20.

The OP did not expect that but that's okay because he himself is not also expecting a specific reply or solution but any help thrown here is still an effort so the op would still appreciate it.

In my opinion, the solution that the guy posted is valid and this is one of the solution use by most by eth users due to the high fees of eth and this is also the reason why an exchange implement those features because they know that it can save their costumers and wont be intimidated to use eth. Under 20 usd fee looks small for you but not to all. Why pay it when there are solutions or other alternatives that we can do to drastically decrease that fee?

[asyakashi]

Currently exchanges with cheap ethereum fees are on the FTX market. you can register an account there and buy ethereum to get cheap fees, you can buy easily without KYC. however, it can only help there, if you transact with the MEW wallet then the gas will be the same high.

[Rengga Jati]

I use Binance,  Kucoin etc crypto exchange for Trading, Binance use very often and I use Kucoin very rarely. But my main problem is high eth withdraw fees from Exchange to Personal wallet (MyEtherwallet). Have any crypto exchange with low withdraw fees?               

So far, almost all exchanges charge high fees for ETH with also higher minimal withdrawal amount.
This is often killing a small player like me when I am going to add ETH as only gas fees in my personal wallet.
Before the gas fee was not rising up, still low enough, we can find some P2P exchanges that offer their service of transferring ETH as gas fee with very low fee. But right now? None is found, most end up with the high Ethereum fee.
What I know is that it is lower than others maybe at the FTX exchange. It is more affordable than others so far that I am using.

[SlimShadyMmp]

They are not at fault when it comes to the fees I think the network congestions is likely the cause My suggestion is find another alternative like tron or bsc chains if you really want to save up some bucks That will really help you out alot But apart from that I dont think there is any solution to your problem

[BlackBaron]

I use Binance,  Kucoin etc crypto exchange for Trading, Binance use very often and I use Kucoin very rarely. But my main problem is high eth withdraw fees from Exchange to Personal wallet (MyEtherwallet). Have any crypto exchange with low withdraw fees?               

Withdrawal fees vary greatly depending on the deduction from the exchange, but it doesn't matter if you withdraw more fees from the top exchange, the transaction will be processed immediately compared to the exchange, low withdrawal fees will hinder withdrawals if gas fees go up dramatically.

[mafoja1]

Ether Gas Free is more now. I'm hoping that Gas Free will be a little lower in the future because when I first came to Cryptocurrency, I saw that Ethereum's Gas Free was a lot less, but lately I can see that it's a lot. I don't Know ..

[SirLancelot]

I use Binance,  Kucoin etc crypto exchange for Trading, Binance use very often and I use Kucoin very rarely. But my main problem is high eth withdraw fees from Exchange to Personal wallet (MyEtherwallet). Have any crypto exchange with low withdraw fees?               

Withdrawal fees vary greatly depending on the deduction from the exchange, but it doesn't matter if you withdraw more fees from the top exchange, the transaction will be processed immediately compared to the exchange, low withdrawal fees will hinder withdrawals if gas fees go up dramatically.

The difficult thing is that we are talking about dynamic changes in the transaction fees, which means that there are points where it is 1 bucks, there are moments when it is 10 bucks, if the exchange ends up giving you like 5 bucks, then we are talking about something that is a bit of a problem for both parties.

If it is more than five bucks then exchange would be having trouble and paying it from their pockets while it is cheaper for the customers, if it is less than five bucks than exchanges would be making a profit and the customers would be losing money because of it. This is why I believe that the withdrawal fees should be dynamic and not a fixed amount.