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Author Topic: Bittrex BTC Withdraw  (Read 172 times)
jerry0 (OP)
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December 27, 2017, 05:09:09 AM
 #1

My account is already enhanced.  I sent btc to bittrex to buy an altcoin.  I have btc still on bittrex that i kept there.  I read that if you withdraw from bittrex, there is a 0.001 btc fee which is pretty expensive.  However to those of you who withdrew from bittrex to your btc wallet, how long did it take for the btc to show up?  Because since you are paying that fee, i assume they are sending it pretty fast?  When you request btc withdraw to your wallet, typically how long does it take for it to hit your wallet?
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December 27, 2017, 05:15:31 AM
 #2

If you have higher withdrawal limits and everything is right than you will get it instantly and they will pay enough fees on that transactions so it will get confirmed within next 2-3 blocks.

I haven't made any withdrawal lately but before it used to be instant, try yourself.

 
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December 27, 2017, 05:28:38 AM
 #3

The bittrex fees as i know if i'm not wrong its depend the amount of withdrawal you can send, do not tranfer your fund in the smalll amout because the is pretty enpensive,bittrex have a minimum transactions fee.

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December 27, 2017, 10:20:44 AM
 #4

you're just quick to get your money to withdraw bitcoin here at bittrex because it's high fee, because sometimes it's just a problem with blockchain sometimes because there are so many transactions going on everyday and not going down millions of transactions I may sometimes have the problem willing to wait me as long as they have proof that they really send money to my wallet.

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December 27, 2017, 10:30:01 AM
 #5

0.001 is too expensive for withdrawal. Do you think its wise to sell btc in Bittrex in exchange of bitcoin cash BCC or any alts in Bittrex available in withdrawal.
Then send BCash to a shapeshift address to convert BCH to BTC?

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December 27, 2017, 11:34:47 AM
 #6

My account is already enhanced.  I sent btc to bittrex to buy an altcoin.  I have btc still on bittrex that i kept there.  I read that if you withdraw from bittrex, there is a 0.001 btc fee which is pretty expensive.  However to those of you who withdrew from bittrex to your btc wallet, how long did it take for the btc to show up?  Because since you are paying that fee, i assume they are sending it pretty fast?  When you request btc withdraw to your wallet, typically how long does it take for it to hit your wallet?

whether you have received a withdrawal confirmation from bittrex that can be used to track delivery has been confirmed in blockchain or not, or you can see instantly the bitcoin transaction at https://blockchain.info/id/unconfirmed-transactions
my advice would be to use withdrawals using alternative coins like doge or altcoin which cost less and faster its delivery process is not as dense as bitcoin transactions.
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December 27, 2017, 12:53:04 PM
 #7

If you have your account enhanced, you only need to pay the fee to withdraw the money.. it is not a lot of money, it only depends on how many bitcoins are you going to withdraw from there

jerry0 (OP)
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December 27, 2017, 03:01:32 PM
 #8

Hi there.  Yes my account is already enhanced.  The only reason i ask this is because does anyone know if bittrex will support the segwit fork?  If so, i will just keep the btc there.  I wanted to move the btc to my wallet so i could get more of the forked coin segwit.


In terms of btc, its a good amount for me but for others maybe not a lot.  But the fee of 0.001 fee would definitely be worth it for me.


But has anyone here withdraw from bittrex recently with an enhanced account?  I want to know how long did it take for it to hit your electrum or say nano ledger wallet when you do.  Because if you are paying the 0.001 btc fee, surely it would be fast? 
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December 27, 2017, 06:18:51 PM
 #9

0.001 fee is the normal and when the bitcoins hit your wallet is depending on how much unconfirmed transactions on the blockchain system.
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December 28, 2017, 04:25:02 AM
 #10

0.001 is too expensive for withdrawal. Do you think its wise to sell btc in Bittrex in exchange of bitcoin cash BCC or any alts in Bittrex available in withdrawal.
Then send BCash to a shapeshift address to convert BCH to BTC?

That is my plan. There is no way I am paying $20 to withdraw my btc. This defeats half of the purpose of Bitcoin. Pretty soon it may be cheaper to just wire the fiat than pay the fees.

BCH was only 17 cents to withdraw from bitfinex

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December 28, 2017, 04:32:25 AM
 #11

My account is already enhanced.  I sent btc to bittrex to buy an altcoin.  I have btc still on bittrex that i kept there.  I read that if you withdraw from bittrex, there is a 0.001 btc fee which is pretty expensive.  However to those of you who withdrew from bittrex to your btc wallet, how long did it take for the btc to show up?  Because since you are paying that fee, i assume they are sending it pretty fast?  When you request btc withdraw to your wallet, typically how long does it take for it to hit your wallet?
I think bittrex has a smaller withdrawal fee compared to other exchanges, and for a period of time the transfer is usually time-consuming in hours.

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December 28, 2017, 04:38:31 AM
 #12

So you are going to sell your btc for bitcoin cash on bittrex. 


Then withdraw bitcoin cash and send it to shapeshift to convert it to btc?


I'm confused here but the fee to convert on shapeshift is 1.5 to 2.5 percent it seems.  So wouldn't you withdrawing say 1000 usd worth of btc even cost more using shapeshift?
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December 28, 2017, 04:54:07 AM
 #13

My account is already enhanced.  I sent btc to bittrex to buy an altcoin.  I have btc still on bittrex that i kept there.  I read that if you withdraw from bittrex, there is a 0.001 btc fee which is pretty expensive.  However to those of you who withdrew from bittrex to your btc wallet, how long did it take for the btc to show up?  Because since you are paying that fee, i assume they are sending it pretty fast?  When you request btc withdraw to your wallet, typically how long does it take for it to hit your wallet?

Starting the bitcoin price grow so much recently, i never send bitcoin to another wallet.
As information, it will take very much longer time than before. The system become very slow this time.
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December 28, 2017, 07:33:43 AM
 #14

If you have higher withdrawal limits and everything is right than you will get it instantly and they will pay enough fees on that transactions so it will get confirmed within next 2-3 blocks.

I haven't made any withdrawal lately but before it used to be instant, try yourself.

Withdraw bitcoin now is never instant anymore. It needs several hours or even a day  if the fee is small.
If you want to get bitcoin quicker then put higher fee as well.

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December 28, 2017, 03:43:16 PM
 #15

If you withdraw from bittrex, the fee is 0.001 btc.  You can't change the fees its a flat fee.  So does anyone know if bittrex sends btc quickly or not?
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December 28, 2017, 06:46:11 PM
 #16

I think you can check the explore by the hash when the withrawl is authorised by BITTREX.
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December 28, 2017, 08:20:34 PM
 #17

My account is already enhanced.  I sent btc to bittrex to buy an altcoin.  I have btc still on bittrex that i kept there.  I read that if you withdraw from bittrex, there is a 0.001 btc fee which is pretty expensive.  However to those of you who withdrew from bittrex to your btc wallet, how long did it take for the btc to show up?  Because since you are paying that fee, i assume they are sending it pretty fast?  When you request btc withdraw to your wallet, typically how long does it take for it to hit your wallet?

The fee in Bittrex is too expensive 0.001 as I have already tried it but I failed because there is a minimum withdrawal that I really don't know what is the minimum amount. I think it will only take an hour or two, the same with transfer from your own wallet to Bittrex wallet. You can try Poloniex as I have heard the fee is 0.0001 and that really help us a a lot to lessen the cost.  But for now, I only trade Bitcoin in Coins.ph here in the Philippines application because it's hassle-free that I can easily cash-in/out and convert.
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December 28, 2017, 08:57:38 PM
 #18

If you withdraw from bittrex, the fee is 0.001 btc.  You can't change the fees its a flat fee.  So does anyone know if bittrex sends btc quickly or not?

Network fees that Bittrex will applied on your withdrawals (pool) surely using above average fees to ensured that transaction will be confirmed right away. You can check it once transaction hash link is available.

Overall if I will based it on my own Bittrex withdrawal history and let's say no problem will happened on the way then you should received it in less than a hour (maximum). But don't expect that 100% as there is a thing called "delays" and "worst case scenarios".

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December 28, 2017, 10:04:35 PM
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It took about 20 minutes for me.

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December 28, 2017, 10:20:33 PM
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It's really interesting question since I have a fractions of bitcoins and other altcoins in bittrex laying which I still haven't imported out, Might try to get it a higher amount , but with fees of each trade at 0.25% its very high compared to binance, I would recommend you using binance in the future Smiley

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