kraken BTC withdrawal fee

[dreamer81]

wow. the withdrawal fee on kraken is still 0.001 BTC = 2.5 USD
That's nuts. Why dont they lower it??

[PoorLad]

Its quick to transfer money to from banksbank with almost no fee and got a nice tradd volume. Many people use it to get usd/eur into BTC and then moved to an altcoin exchange. <br /> <br />For many it is the quickest and cheapest option, so they do it because they can. <br /> <br />Posted From bitcointalk.org Android App

[dreamer81]

Its quick to transfer money to from banksbank with almost no fee and got a nice tradd volume. Many people use it to get usd/eur into BTC and then moved to an altcoin exchange. <br /> <br />For many it is the quickest and cheapest option, so they do it because they can. <br /> <br />Posted From bitcointalk.org Android App

even tether withdrawal is 5 USD in fees!!! OMG!

[amacar2]

wow. the withdrawal fee on kraken is still 0.001 BTC = 2.5 USD
That's nuts. Why dont they lower it??

LOL that's huge, Currently recommended fee for confirmation within next block is just under 100 satoshi per byte so anything above 10,000 satoshi in fee is just bullshit. They might be grabbing the remaining bitcoin as profit.  

Poloniex still have 10k satoshi in withdrawal fee.