btc Transaction fee on Poloniex

[kuk]

Hi Guys

the transaction fee on poloniex is -0.00010000 atm.

The fee in my opinion is way too low isnt it? Do I have a chance to even get some confirmations if i withdrawl the btc from there

thx for answering

[TryNinja]

You only pay 0.0001 but Poloniex send withdraws in bulks with a high priority fee.

https://blockchain.info/tx/16b77a6984c38c323d9eeb557569db430baa71d0803d00bfb4a440d3f2a2f663
This is the transaction from my last withdraw yesterday.

As you can see I paid the withdraw fee and they sent multiple payments in the same transaction with a fee of 494 satoshis/B.

So no worries! All their withdraw payments are confirmed in the same day because of the high fee they pay.

[Yakamoto]

Hi Guys

the transaction fee on poloniex is -0.00010000 atm.

The fee in my opinion is way too low isnt it? Do I have a chance to even get some confirmations if i withdrawl the btc from there

thx for answering

The fee is kinda low but there is a high chance it would get confirmed relatively quickly over a short-medium period of time, considering that it is 1 mBTC.

I thought poloniex had some kind of setting where you could modify the fees you paid though, not sure if that changed. Chances are your transaction will get lumped in with others and you'll have your Bitcoin get confirmed fairly quickly either way.

[kuk]

thanks for the answers!

[warnerbunny]

In my experience confirmations are always very fast. Always within the next block after the tx is broadcast.