Best way to transfer funds between exchanges

[soulripper]

Hi,

BTC is slow and commission is high (20$).
LTC is fast and commission is medium (5$).

Is there any better way to transfer funds between exchanges with low fees?

Thanks

used other altcoins that has low price that exist in the two exchanges. that the only way you can transfer the money with cheap and easy. i have done with bitcoin and ethereum. ethereum these day has high fees and to sloww. i had to used high gas only to transfer the tokens to my wallet with fast. bitcoin has an insane high fees that i only use only i want to cash out. not very profitable at this day.

[anobtc]

Why you didn't choose NEO?? Fee = 0, and NEO is on uptrend, price increasing stable  

[anggriani]

I always exchange btc or eth with doge when I want to make a withdrawal to the local exchange. The cost of withdrawing is very cheap, but its weakness is not all exchanges support doge.

[UZIzzzz]

Why you didn't choose NEO?? Fee = 0, and NEO is on uptrend, price increasing stable  

Yes, I also use NEO to make the transfer, because the handling fee of NEO is 0, and the price fluctuation of NEO is also very low, so it is good as the token of transfer.

[trinaldao]

I always exchange btc or eth with doge when I want to make a withdrawal to the local exchange. The cost of withdrawing is very cheap, but its weakness is not all exchanges support doge.

same like me, using doge from get cheapest fee and fast transaction

[jondel]

whenever you are looking for an altcoin to use in order to transfer money between exchanges, the withdrawal fee is not the only cost that you are paying!

the first cost which can be quite big depending on your amount is the trading fee. for example if you want to transfer 1BTC with an altcoin you have to pay 0.002BTC (which is the same as withdrawal fee in most exchanges even bigger in some) to buy that altcoin and then pay the same fee to sell it in other place. so you paid twice or thrice the withdrawal fee to transfer using an altcoin here!

another thing that most people miss is the price difference!
for example using Doge, you buy it at 30 satoshi and sell it at 29 satoshi. that is 3.33% loss.
if price is lower like 20-19 then it is 5% loss and so on.

I second to this.
Beside of exchange value from both coin, you need to consider bid/ask rate, trading fee and transfer fee.
If you miscalculate, you can ended up paying bigger exchange fee.

[Midoucha]

My friend is using XRP for fast transactions between exchanges  I don't like XRP but it's useful apparently

[Fluffinfinity]

Ethereum, It requires just a small amount of payment for exchange. I just don't know the other payments.

[fabuloveu]

If not because of USDT harking issue which I think they have solved. I believe usdt is the best. This is whst to do when transfering funds from exchange, try compare their Eth price and Ltc price to compare the best option which minimal loss or probably a profit.

[Zero1One0]

Hi,

BTC is slow and commission is high (20$).
LTC is fast and commission is medium (5$).

Is there any better way to transfer funds between exchanges with low fees?

Thanks

Litecoin is better for transferring exchange to exchange. Ethereum is usually clogged due to ICO.
Never use BTC as it cost too high in USD.

[GTX980Power]

I saw that Kucoin is only charging 0.001 worth of Litecoin in order to send money, that is the best way for me to send payments. But $5 worth of bitcoin is a lot, i would never pay that amount of money for an altcoin.
And 0.001 is just $0,25 at the moment.

[HongKong]

Hi,

BTC is slow and commission is high (20$).
LTC is fast and commission is medium (5$).

Is there any better way to transfer funds between exchanges with low fees?

Thanks

The method that you pointed out is pretty much the only method to getting the coins out for a cheap price.

[maestr00]

Just use LTC or DOGE

[venox12]

i ussualy move it with ltc beetwen exchaneges

[clickerz]

I always exchange btc or eth with doge when I want to make a withdrawal to the local exchange. The cost of withdrawing is very cheap, but its weakness is not all exchanges support doge.

same like me, using doge from get cheapest fee and fast transaction

I am also using doge  But recently doge has a price surge, but did not make any transfer  I dont know the impact either. Also they say byteball is good but never tried it. As with NEO, I am receiving a good feedback. Will try this also if i have a chance.

[cat0ne0]

To me, LTC is the best option. Fast and cheap. I tried BTC, ETH, LTC, and LTC was always faster. But it depends what you wanna do. If you want to buy altcoins in a ETH pair, and if you have high commission fees to pay to exchange you LTC to ETH, then sending ETH might be better.

[cryptofunn]

I use the waves, quickly and with low commissions. in addition, this coin is now in the accumulation zone, which means it will soon fire. The best option for hedging risks