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Author Topic: Help! 2 merits for best answer: What exchange has the cheapest ETH withdrawal?  (Read 192 times)
cannycassiopeia
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February 03, 2018, 02:56:49 PM
 #1

So I need ETH to move my ERC20 tokens around and to do some interaction with smart contracts. I don't really need a lot of ETH, only $5 worth.

The problem is most exchanges charge 0.005 ETH ( $4.97) to 0.01 ETH ($9.94) per withdrawal! Even Shapeshift charges around that much. I have a work around in mind already but it will take $30 (I have to sell $25 worth back to get back the fiat) and jumping from fiat > BTC > DOGE > ETH.

It's funny though that you can transfer ETH wallet to wallet for 1 - 20 gwei (roughly $0.02 to $0.80). I think these exchanges are conducting highway robbery.

I'll be active when the bull market comes back
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rickz026
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February 03, 2018, 03:43:17 PM
Merited by cannycassiopeia (2)
 #2

In Mercatox.com the withdrawal fee for ETH in metcatox is 0.00200000 ETH

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February 03, 2018, 03:48:19 PM
 #3

Buy it from an Indian exchange CoinDelta - it costs you only 0.001 ETH for any amount that you withdraw.
If you want, I can send that $5 worth of ETH to you. You may return it back whenever you want to, it's because you're willing to learn something regarding smart contracts. I literally don't need any merits for this, but if you ever get a chance, try to help somebody in your life.
You'll feel awesome for the same, trust me. Smiley

cannycassiopeia
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February 03, 2018, 05:16:51 PM
 #4

Buy it from an Indian exchange CoinDelta - it costs you only 0.001 ETH for any amount that you withdraw.
If you want, I can send that $5 worth of ETH to you. You may return it back whenever you want to, it's because you're willing to learn something regarding smart contracts. I literally don't need any merits for this, but if you ever get a chance, try to help somebody in your life.
You'll feel awesome for the same, trust me. Smiley


RE: CoinDelta - I think it needs an Indian phone to register (+91). Thanks for the ETH offer, but I'm looking for a solution that I can use regularly.

Oh my God, I hope decentralized exchanges become popular soon. I'm getting tired of the expensive fees these exchanges charge even when Bitcoin mempool is nearly empty and ethereum's gas prices are low.

@rickz026, I'll look into Mercatox.  Wink

I'll be active when the bull market comes back
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February 03, 2018, 06:18:23 PM
 #5

RE: CoinDelta - I think it needs an Indian phone to register (+91).

I could've even helped you with that, but then, you won't be able to withdraw until you provide KYC (that being said, it needs to be of an Indian citizen).

Quote
Thanks for the ETH offer, but I'm looking for a solution that I can use regularly.

The offer I gave you was because of the emergency you're in, so you can still take it if you wish to. Talking about getting it done regularly will need exchanges to implement low fees, and that's probably not going to happen soon. I believe you should buy a big amount of coins like $50-100 worth of ETH in order to keep yourself safe from exchange fees (if you're going to use it through one address only).

hias
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February 03, 2018, 07:50:23 PM
Merited by cannycassiopeia (2)
 #6

So I need ETH to move my ERC20 tokens around and to do some interaction with smart contracts. I don't really need a lot of ETH, only $5 worth.

The problem is most exchanges charge 0.005 ETH ( $4.97) to 0.01 ETH ($9.94) per withdrawal! Even Shapeshift charges around that much. I have a work around in mind already but it will take $30 (I have to sell $25 worth back to get back the fiat) and jumping from fiat > BTC > DOGE > ETH.

It's funny though that you can transfer ETH wallet to wallet for 1 - 20 gwei (roughly $0.02 to $0.80). I think these exchanges are conducting highway robbery.

https://www.bitstamp.net/fee_schedule/

Not sure if bitstamp is something for you, if I got it right they don't charge you to withdraw. But I think you need to transfer a minimum of 5$.

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baobao2000
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February 03, 2018, 08:09:12 PM
Merited by cannycassiopeia (2)
 #7

I read reddit that Quadriga Coin Exchange has low charge. not sure can help you


QuadrigaCX Fees

Trading: 0.5% (For BTC/USD, BTC/CAD, and ETH/CAD; 0.2% for ETH/BTC.
Direct Bank Transfer Deposit: 1% (minimum $1,000, maximum of $250,000, takes 72 hours to process)
INTERAC Online Deposit: 1.5%, or $5 minimum (whichever is higher) ($50 minimum deposit, $2,000 maximum deposit, receive funds instantly)
Bank Wire Deposit: Free (minimum $500, maximum $500,000, receive funds within 24 hours)
Voucher Deposits: Free and instant
Bitcoin Deposits: Free, requires 4 confirmations
Ether Deposits: Free, requires 12 confirmations
Express Bank Transfer Withdrawals: 2% fee (minimum $500, maximum $100,000, takes 1 to 3 business days)
Rapid Bank Transfer Withdrawals: 5% fee (minimum $500, maximum $5,000, takes 1 business day)
Bank Wire Withdrawals: Free (minimum $100, maximum $500,000, takes 4 to 10 business days)
Direct Bank Transfer or EFT Withdrawals: Free (minimum $100, maximum $20,000, takes 4 to 7 business days)
Cheque Withdrawals:1% fee (minimum $100, maximum $500,000, takes 7 to 10 business days)
PayPal Withdrawals: Free (minimum $50, maximum $3,000, takes 1 to 2 business days)
Bitcoin Withdrawals: Free (minimum 0.001 BTC)
Ether: Free (minimum 0.001 ETH)
Cash Delivery Withdrawals: 2% + $20 fee (minimum $500, maximum $5,000, shipped within 72 hours)
Vazil
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February 03, 2018, 08:36:52 PM
 #8

So I need ETH to move my ERC20 tokens around and to do some interaction with smart contracts. I don't really need a lot of ETH, only $5 worth.

The problem is most exchanges charge 0.005 ETH ( $4.97) to 0.01 ETH ($9.94) per withdrawal! Even Shapeshift charges around that much. I have a work around in mind already but it will take $30 (I have to sell $25 worth back to get back the fiat) and jumping from fiat > BTC > DOGE > ETH.

It's funny though that you can transfer ETH wallet to wallet for 1 - 20 gwei (roughly $0.02 to $0.80). I think these exchanges are conducting highway robbery.


Try Cex.io
cannycassiopeia
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February 03, 2018, 08:41:47 PM
 #9

hias and Baobao2000, you saved me an hour or two of research. I think this is enough, thanks.

I'll be active when the bull market comes back
hias
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February 03, 2018, 08:48:47 PM
 #10

hias and Baobao2000, you saved me an hour or two of research. I think this is enough, thanks.

Your are welcome.

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baobao2000
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February 03, 2018, 09:03:24 PM
 #11

thank for reward Grin
SimplyEverything
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February 03, 2018, 10:32:05 PM
 #12

So I need ETH to move my ERC20 tokens around and to do some interaction with smart contracts. I don't really need a lot of ETH, only $5 worth.

The problem is most exchanges charge 0.005 ETH ( $4.97) to 0.01 ETH ($9.94) per withdrawal! Even Shapeshift charges around that much. I have a work around in mind already but it will take $30 (I have to sell $25 worth back to get back the fiat) and jumping from fiat > BTC > DOGE > ETH.

It's funny though that you can transfer ETH wallet to wallet for 1 - 20 gwei (roughly $0.02 to $0.80). I think these exchanges are conducting highway robbery.
Cobinhood? 0% Fees

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rickz026
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February 04, 2018, 02:26:25 AM
 #13

Thank you for giving me 2 merits Smiley btw, can you help me on how can i earn money here in bitcointalk.org? ill wait for your message.  Smiley

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niteroy
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February 04, 2018, 01:54:21 PM
Last edit: February 04, 2018, 02:05:32 PM by niteroy
 #14

If you need a small commission for withdrawing ETH, you can try a multi-currency online purse with a commission for withdrawal 0.0001 ETH, 0.0002 BTC, 0.0001 ZEC, but it does not support ERC-20 tokens. In the purse itself, there is an exchange between coins and a withdrawal to a card in Fiat. A convenient wallet, I have been using it for a long time, I have not seen any problems.
https://cryptonator.com/auth/signup/101451436
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