Bitcoin Forum
June 25, 2024, 11:44:37 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: is it normal for a btc book to have a withdrawal fee  (Read 766 times)
Davidic (OP)
Newbie
*
Offline Offline

Activity: 46
Merit: 0


View Profile
July 29, 2017, 03:11:33 AM
 #1

There is a fixed withdrawal fee of 0.006 at cloudbet. is this normal?
lottery248
Legendary
*
Offline Offline

Activity: 1568
Merit: 1005


beware of your keys.


View Profile
July 29, 2017, 03:14:26 AM
 #2

yes due to the requirement by miners in order to get the transaction go faster even there are only ~4000 unconfirmed transactions as of this reply is posted, everyone is posting a higher transaction fees. unless the majority is lowering the transaction fee to use bitcoin, the .0006 fee is normal.

out of ability to use the signature, i want a new ban strike policy that will fade the strike after 90~120 days of the ban and not to be traced back, like google | email me for anything urgent, message will possibly not be instantly responded
i am not really active for some reason
Davidic (OP)
Newbie
*
Offline Offline

Activity: 46
Merit: 0


View Profile
July 29, 2017, 03:17:32 AM
 #3

yes due to the requirement by miners in order to get the transaction go faster even there are only ~4000 unconfirmed transactions as of this reply is posted, everyone is posting a higher transaction fees. unless the majority is lowering the transaction fee to use bitcoin, the .0006 fee is normal.

Can I choose not to pay it and willing for my withdrawal to be delayed?
lottery248
Legendary
*
Offline Offline

Activity: 1568
Merit: 1005


beware of your keys.


View Profile
July 29, 2017, 03:19:31 AM
 #4

yes due to the requirement by miners in order to get the transaction go faster even there are only ~4000 unconfirmed transactions as of this reply is posted, everyone is posting a higher transaction fees. unless the majority is lowering the transaction fee to use bitcoin, the .0006 fee is normal.

Can I choose not to pay it and willing for my withdrawal to be delayed?

most of the gambling site has fixed transaction fee which is always required, and if your amount of withdrawal is not enough is even delaying your transaction longer than you would expect AFAIK, for me i had experienced with normal fee, waited 40+ minutes for a confirmation.

out of ability to use the signature, i want a new ban strike policy that will fade the strike after 90~120 days of the ban and not to be traced back, like google | email me for anything urgent, message will possibly not be instantly responded
i am not really active for some reason
Davidic (OP)
Newbie
*
Offline Offline

Activity: 46
Merit: 0


View Profile
July 29, 2017, 03:21:39 AM
 #5

yes due to the requirement by miners in order to get the transaction go faster even there are only ~4000 unconfirmed transactions as of this reply is posted, everyone is posting a higher transaction fees. unless the majority is lowering the transaction fee to use bitcoin, the .0006 fee is normal.

Can I choose not to pay it and willing for my withdrawal to be delayed?

most of the gambling site has fixed transaction fee which is always required, and if your amount of withdrawal is not enough is even delaying your transaction longer than you would expect AFAIK, for me i had experienced with normal fee, waited 40+ minutes for a confirmation.

Thank U
crairezx20
Legendary
*
Offline Offline

Activity: 1638
Merit: 1046



View Profile
July 29, 2017, 03:27:39 AM
 #6

yes due to the requirement by miners in order to get the transaction go faster even there are only ~4000 unconfirmed transactions as of this reply is posted, everyone is posting a higher transaction fees. unless the majority is lowering the transaction fee to use bitcoin, the .0006 fee is normal.

Can I choose not to pay it and willing for my withdrawal to be delayed?
If you are not paying for transaction fee expect that your transaction will be rejected or stuck in the blockchain..
But honestly the fee 0.0006 is small amount compare before that transaction fee is almost 0.002 btc before but right now was reduce that i think we can save bitcoin right now and i think this is because of segwit activation.. 
And the transaction fee is just a normal for any business. .
Decoded
Legendary
*
Offline Offline

Activity: 1232
Merit: 1030


give me your cryptos


View Profile
July 29, 2017, 05:02:25 AM
 #7

Yep.

Any Bitcoin service which holds your Bitcoin will usually charge you a fee for withdrawals, since the transaction fees are so high right now. I wouldn't think too much of it, unless they're charging you more than you actually pay in fees. Which is kinda sus if they're running a book.

looking for a signature campaign, dm me for that
Wendigo
Legendary
*
Offline Offline

Activity: 2604
Merit: 1036



View Profile
July 29, 2017, 06:30:44 AM
 #8

There is a fixed withdrawal fee of 0.006 at cloudbet. is this normal?

For a sportsbook - no. It's not normal. They are skimping on the fees.
Oilacris
Hero Member
*****
Offline Offline

Activity: 3066
Merit: 616


casinosblockchain.io


View Profile
July 29, 2017, 06:47:48 AM
 #9

There is a fixed withdrawal fee of 0.006 at cloudbet. is this normal?
Its on normal range which means it just fine and they would really impose tx fee because if they would decide to have it free then they will surely compromise their profits. This fee also fasten up the transactions and this is just really a common thing on using bitcoin on gambling field. Dont be on doubt that they are milking you.  Grin

roomfirst
Sr. Member
****
Offline Offline

Activity: 516
Merit: 250


View Profile
July 29, 2017, 06:48:45 AM
 #10

There is a fixed withdrawal fee of 0.006 at cloudbet. is this normal?

Most of bitcoin sportsbook are don't have withdrawal fee imo, like nitrogensports and sportsbet.io that don't have a fee for withdrawal your coins. It's normal if the gambling site is dice site or casino, but for sportsbook, i'm not okay with it. Btw, are you sure the fixed fee is 0.006 ? It's so damn big dude.
Saichoukyushin
Sr. Member
****
Offline Offline

Activity: 770
Merit: 278



View Profile
July 29, 2017, 07:56:53 AM
 #11

There is a fixed withdrawal fee of 0.006 at cloudbet. is this normal?
It is normal ,every service that you been using has a withdrawal fee but it only different in bitcoins or altcoins because its not fiat but that fee is for miners .
Once you agree to use any service which usina bitcoins or altcoins have a fee so prepare for every transaction or assume the less amount you will going to fee before you can withdraw any amount.

▄▄▄██████▄▄▄
▄███▀▀▀▀▀████▄▄ █▄▄
▄▄          ▀▀████▄  ██▄
█████▄            ▀█████  ██▄
▄█████████           ▀█████ ███▄
▄█████████▀▀           ▀█████ ███▄
▄███  █████             ▀█████ ████
███  █████                █████ ████
███ █████                  ████  ████
███ █████                ▄████  ████
███ █████                ███████████
▀██ █████▄                █████████
▀██ ██████▄                ▀█████
▀██ ███████                  ▀▀▀
▀██ ██████▄▄                 
▀██ ██████▄▄▄▄▄▄▄▄▄▄▄▄███▀
▀▀ █████████████████▀
▀▀▀██████▀▀▀▀

Fast, Secure, and Fully

DecentralizeTrading
BACKED BY:
─────────────────────────
BINANCE
─────── LAB
&█████████████████████████████████ █  ███
█▀    ▀█  ███▀▀▀▀▀████████  ████▀▀███▀ █
█  █████    ▄▄▄▄▄  █  ▀  █    ███  █  ██
█▄    ▀█  ██       █  ▄███  ██████   ███
█████  █  ██  ███  █  ████  ████  ▄  ███
█▄    ▄█▄  ▄█▄     ▀  ████▄  ▄█   ██  ██
████████████████████████████████████████


  Whitepaper
 Medium
Reddit
zekeshawn
Full Member
***
Offline Offline

Activity: 254
Merit: 100


View Profile
July 29, 2017, 08:43:19 AM
 #12

Yes it is normal to have a withdrawal fee so that your transaction will be completed these are actually miners fee. Miners are the one who mine your transaction so if you are not willing to pay it then your withdrawal will not be successful.
ralle14
Legendary
*
Online Online

Activity: 3220
Merit: 1889


Shuffle.com


View Profile
July 29, 2017, 10:50:54 AM
 #13

Most bitcoin sportsbook that I use doesn't have withdrawal fee (nitro,lootbet,coinbet,sportsbet)  so my answer for your question is no. Having a small miner fee on your withdrawal request should be fine and this would help because on sportsbook that doesn't charge you for fees they sometimes use a small fee which makes your bitcoin stuck for hours/days

██████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
██████████████████████
.SHUFFLE.COM..███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
█████████████████████
████████████████████
██████████████████████
████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
██████████████████████
██████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
.
...Next Generation Crypto Casino...
emberbekas
Legendary
*
Offline Offline

Activity: 1904
Merit: 1000



View Profile
July 29, 2017, 11:38:28 AM
 #14

Yes it is normal to have a withdrawal fee so that your transaction will be completed these are actually miners fee. Miners are the one who mine your transaction so if you are not willing to pay it then your withdrawal will not be successful.

For sportsbook, most of them doesn't charge us for the transaction fees. And for dice sites, we have to pay it by ourself. Usually there will be an option to us on how much fee we intend to use. The higher we pick the faster our transaction will be confirmed.

Juggy777
Hero Member
*****
Offline Offline

Activity: 2646
Merit: 686


View Profile
July 29, 2017, 12:03:13 PM
 #15

There is a fixed withdrawal fee of 0.006 at cloudbet. is this normal?

Yes that's normal these days and it's a fees that they don't take it's for the miners nothing new in this. Like for eg if you transact your coins, pay someone I mean you need to pay fees and that's been happening for quiet a while now, maybe you didn't notice, or maybe they decided to pass the buck back to you rather than paying it themselves, can't blame them.
South Park
Hero Member
*****
Offline Offline

Activity: 2926
Merit: 798


I am terrible at Fantasy Football!!!


View Profile
July 29, 2017, 04:59:49 PM
 #16

There is a fixed withdrawal fee of 0.006 at cloudbet. is this normal?

Most of bitcoin sportsbook are don't have withdrawal fee imo, like nitrogensports and sportsbet.io that don't have a fee for withdrawal your coins. It's normal if the gambling site is dice site or casino, but for sportsbook, i'm not okay with it. Btw, are you sure the fixed fee is 0.006 ? It's so damn big dude.
To me the fee seems unusually high I think it is missing a zero instead of the fee being 0.006 I think the op meant 0.0006, the former fee is very high I have never paid a fee that big, the latter is a lot more common if you want a fast enough confirmation from the miners.
13abyknight
Sr. Member
****
Offline Offline

Activity: 602
Merit: 252


View Profile
July 29, 2017, 05:18:27 PM
 #17

Usually most BTC books have a withdrawal fee from your withdrawal but 0.006 seems to be insanely high. Usually it would be something around 0.001 and a maximum of 0.002 to cover miner fees for the fastest possible confirmation time.
bering
Legendary
*
Offline Offline

Activity: 2800
Merit: 1006


Leading Crypto Sports Betting & Casino Platform


View Profile
July 29, 2017, 05:27:26 PM
 #18

my answer is that is not normal because i have recently checked cloudbet term of service that minimum withdraw is 0.001 btc and for those who want withdraw their fund 0.001 btc i think they not to willing pay 0.006 btc for the fees and probably they will think twice to use this sportbook however i wonder that where did OP get this info

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
lite
Legendary
*
Offline Offline

Activity: 1400
Merit: 1009


View Profile
July 29, 2017, 06:44:14 PM
 #19

There is a fixed withdrawal fee of 0.006 at cloudbet. is this normal?
I don't think you've posted right amount charged for a transaction fee, it's 0.0006 btc. i wouldn't play at sites where they charge outrageous amount for a transaction fee. 0.0006 btc for a transaction fee is normal.
Zicadis
Legendary
*
Offline Offline

Activity: 1386
Merit: 1027


Dump it!!!


View Profile
July 29, 2017, 08:06:51 PM
 #20

There is a fixed withdrawal fee of 0.006 at cloudbet. is this normal?
I don't think you've posted right amount charged for a transaction fee, it's 0.0006 btc. i wouldn't play at sites where they charge outrageous amount for a transaction fee. 0.0006 btc for a transaction fee is normal.
I equally thought the same its just a typing error, 0.006 withdraw fee can chase away its small time gamblers who most of the time are the majority and this withdrawal fee from CB is news to me because the last time I visited cloudbet this wasn't imposed, I probably should visit these sites more often.
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!