Has anyone noticed the increase in service(transfer) charges as applied by the cryptocurrency exchangers(merchants) Just about 2 months ago Bittrex was charging 20000 Satoshis but today it is 100,000 Sats Approximately 400%, so many of them have just pushed their charges to the north.They are smiling to their blockchain at our sweat. I was thinking if we can take our destinies by own hand and float our own exchanger. can it be done? Was just thinking aloud !
I think everyone noticed increased fees on majority of exchanges. From major exchanges only Poloniex and Bitfinex still have low withdrawal fees, but there are no guarantees that they won't increase it:
https://bitcointalk.org/index.php?topic=1975324.msg19662028#msg19662028People don't like these fees, but put yourself into exchange place - why they would need to send bitcoins cheaper than transaction costs. They are not charity organisation and they only want to have profit.
0.001 BTC is nothing
close to transaction costs. Bittrex batch loads of transactions together, and even with high fees in satoshi/byte they end up taking very little.
IMO the most fair way to charge fees would be to charge fees dynamically based on the inputs that you've added to the batch transaction - basically, your real share of the transaction costs.
Since that won't happen, just give up and use the exchange that seems the most reliable (Bittrex).