kuronokishi10
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December 17, 2017, 09:29:21 AM |
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due to the sudden rise in prices many of us have been facing this issue. the best solution would be to convert it into some other crypto and then withdraw. but make sure you dont choose any random crypto and get your money stuck in there.
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Sfan6Crypto
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December 17, 2017, 09:31:04 AM |
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just use litecoin or ethereum mate its cheaper than bitcoin. bitcoin fee right now is ridiculous even i just send about 2$ the fee 15$+
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jazmuzika217
Member
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Activity: 476
Merit: 12
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December 17, 2017, 09:31:36 AM |
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The withdraw fee of Bittrex is 0.001 BTC all the time and I think it's not too expensive . If you want they to decrease the withdraw fee that mean your transaction will take more time to complete. At the moment when there are a lot of stuck transaction, this amount of withdraw fee will ensure your transaction will never being stuck I agree to you dude!! Bittrex increase the withdrawal fee to faster the transaction if bittrex not increase the fee this means your will be slow and stuck to uncorfirmation. And most of exchange site now are increasing the withdrawal fee only poloniex are still in 10k satoshi. If you want a small fee transaction then turn to ethereum, litecoin and dogecoin this three have a small fee transaction.
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amilla041184
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December 17, 2017, 09:34:11 AM |
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Its already 0.001 btc eversince I start transacting in bittrex back in 9mos ago that's why I choose other exchange but as of now more exchange also raised their withdraw fee but anyways still cheaper than bittrex. Polo has cheapest I know 10k sats still but transaction takes couple of hours to process both deposits and withdrawal.
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kiyuan
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Activity: 15
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December 17, 2017, 09:46:38 AM |
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yeah.. its realy expensive fee,, I prefered to buy some coins who have less fee than bitcoin
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kissme09
Full Member
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Merit: 100
PayAccept - Worldwide payments accepted in seconds
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December 17, 2017, 09:53:19 AM |
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I withdraw 0.3 btc from bittrex and I noticed the withdraw fee is 0.001 btc. It is about 19 usd.
the withdraw fee is expensive now.
It's not that expensive when the bitcoin price is ~ $ 5000 then the withdrawal fee is only $ 5 but when the bitcoin increases drastically, the value that you pay for each transaction increases.
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alan2here
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December 17, 2017, 09:53:51 AM |
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I think 0.001 at this time is a bit expensive because the Bitcoin price has grown very high. In the future I am sure Bittrex will consider this adjustment and most of the exchanges will reduce the fees to suit the needs of use.
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aizen10
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December 17, 2017, 10:16:00 AM |
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after this sky-rocketing price of these bitcoin, a huge number of unconfirmed transactions in blockchain exist. so i think this is the reason why transaction fees are too high for every single transaction, for about bittrex withdrawal fees, its nothing change, 0.001 btc withdrawal is a fix withdrawal fees they implement before. and the changed is the value of bitcoin which is too high.
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mrayazgul
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December 23, 2017, 03:08:29 PM |
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I withdraw 0.3 btc from bittrex and I noticed the withdraw fee is 0.001 btc. It is about 19 usd.
the withdraw fee is expensive now.
19 Usd (0.0001 Btc) fee is really expensive. You may not have feel this as you withdraw 0.3 Bitcoins but think of anyone is is withdrawing 20 USD and he has to pay almost similar amount in fee. Bitcoin is becoming expensive for short amount of withdrawals and payments and it is just because of its very high value.
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Mike Mayor
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December 23, 2017, 10:22:39 PM |
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0.001 btc has been the going rate for a long time now. 0.001btc was not so bad before but now with the rise in the price of bitcoin it is too much. One of bitcoins main selling points was the fact that it was very cheap/free and very fast some even calling it instant. We now know that is not the case. I really wish and hope this is sorted out I miss making transactions and I need to pay for things. With the current fees I will only ever buy things in bulk.
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rdslv23
Newbie
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December 23, 2017, 10:33:19 PM |
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its good for you coz you will not stuck on shitty blockchain!
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jerry0
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December 23, 2017, 11:24:13 PM |
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How about selling the btc for eth or litecoin and then withdraw that way? How much would that cost then?
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hadveach
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December 23, 2017, 11:29:46 PM |
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I do not usually do withdraw in bittrex. I used to be in bitcoin, but there are some of my friends who use bittrex, he said that this is because christmas day, maybe after christmas and new year transaction fee will be cheap.
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angaper
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December 23, 2017, 11:53:11 PM |
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I would gladly pay such a fee, because for a few days the rates have risen so arbitrarily that they are absolutely unpayable for most small bitcoin holders who are just making their first efforts to accumulate some satoshis by different means. Currently, Xapo is charging more than 0.003 in fees per transaction and that seems absolutely unjustifiable to me and that is why and I am about to end my relationship with that wallet provider.
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btcdepo
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December 23, 2017, 11:59:02 PM |
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just use litecoin or ethereum mate its cheaper than bitcoin. bitcoin fee right now is ridiculous even i just send about 2$ the fee 15$+
Unfortunately this transaction fees are the worst part of the bitcoin and I think this will effect its future. If people start using other main coins just because of transaction fees, that wouldn't be good for btc's future.
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aannnttoo
Member
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Activity: 84
Merit: 10
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December 24, 2017, 12:55:50 AM |
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yes, 0.001 btc at this time is very expensive because bitcoin price increasingly high. use xlm for arbitrage or withdraw
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9jaflick
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December 24, 2017, 01:11:44 AM |
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few weeks ago i withdraw some btc from cryptopia and the transaction fee was 0.002btc worth over $30 i was every mad! a week later i made another withdrawal and transaction fee came down to 0.001btc, crazy! they stole my 0.001BTC
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goaldigger
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December 24, 2017, 01:33:32 AM |
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In line up with the continues popularity of bitcoin and its value, is the increase also of the fees and charges unto it. Thats the number one problem of the trader or bitcoin holder now. Unreasonable transaction fees for those no choice traders. Hope some companies or organizations make it less.
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