Hitbtc unrealistic deposit and withdrawal fees

[favelle75]

i was going to deposit a token yesterday and in the last minute i noticed the deposit fee than i canceled all operatin and switched to other exchange they are losing customers

[jorenpo]

Hitbtc's deposit and withdrawal fees are absolutely ridiculous. For example, ETBS which I want to trade on HITBTC, it costs 30+ ETBS just for the deposit fee. Its equivalent to $60USD+. It is hindering the growth of token's prices. What should I do if the token of mine is only listed on Hitbtc and coinexchange(0 trading volume)? Etherdelta is the last option but no one really uses it.

yeah hitbtc was a good exchange back then it becomes terrible day by day. last year there's no deposit fee on any coins or token but now all have high fees.

[Schirer]

Hitbtc's deposit and withdrawal fees are absolutely ridiculous. For example, ETBS which I want to trade on HITBTC, it costs 30+ ETBS just for the deposit fee. Its equivalent to $60USD+. It is hindering the growth of token's prices. What should I do if the token of mine is only listed on Hitbtc and coinexchange(0 trading volume)? Etherdelta is the last option but no one really uses it.

Vou, this is huge. I believe that if they will continue with these kind of fees, they will go out of bussines eventually.
I would say go for the Etherdelta, when you get hang of it , it is not so bad. You will understand the fundementls of traiding.

One of the things that bugs me in Etherdelta is the constant undercuting of sell and buy orders by the smallest fraction.

[prashanta]

hey guys, i have faced a terrible problem with hitbtc exchanger. two months ago i have lost my handset that's why i lost my google authentication apps code. for that i can't access my hitbtc account. In my hitbtc account have some crypto asset worth of 3000$ almost. i have contact hitbtc support team many times but they didn't fixed this issue till now. at this time what should i do..please someone suggested me.

[Praesidium]

Stay away from hitbtc, that exchange is poor in customer support, they only care about themselve. High deposit and withdraw fee, weak-to-none customer support, and it is really hard to communicate to them. I think it is better to wait until youre token is listed in much better exchange site. Dont use hitbtc nor etherdelta

[s4mp1nt0]

hitbtc is a shit platform now. back then it was good will a low fee transaction buy now most coins if not all has a deposit fee.
like yesterday I tried to deposit UTK the deposit fee is 125utk equivalent to $30.

[so_stupid]

I like the design of the Hitbtc, but the fees are too huge. Sold there CAPP, I will not go there again 

[hitbtc]

With HitBTC, fees are calculated upon the network load. We aim to make sure our users' transactions are confirmed in the network and delivered to their destinations promptly.

Besides, any cryptocurrency exchange features a complex combination of processes that uses the blockchain a lot. Meaning that withdrawal fees include some of intermediary fees paid on the exchange side for moving your funds. That's the reason why fees related to withdrawing coins from an exchange can be slightly higher than regular network fees in your wallet.

Just to remind you, if you need assistance or have questions, please submit a ticket through our support portal. If you've already done that and would like an update on your request, please share your support ticket # here, and we'll get back to you with more information on it.

[Psalms23]

Yes, very disappointing trading in hitbtc especially when you are only trading little amount of altcoins, you'd lose almost half with jut the deposit and withdrawal. I have been a trader in hitbtc last year but last week I was frustrated buy my trade (with a small amount of altcoins), so much was paid for a small transaction.

[KuromaYoichi]

That's not even the bigger problem, what annoys me the most is that sometimes you can't trade all the coin that you've deposited because they only allow trading with x number of token per transaction, usually 5 10 or 100 so that means if i deposit a odd number of coin then i'm screwed. The volume also small so it's a bit hard to sell a large number of coins.

[harimauagam]

it should be considered that all can be governed by the managers who make it but if they are already bekuasa about it is very difficult because every transaction there must be payment.

[thepo1m]

It is really a surprise to me that exchange will ask for deposit fee, this is crazy. It is one of the obscure exchange until it listed Bcash which helps to grow the trading volume of the exchange, I have not used the exchanges for some time and not plan to use it because of the way the exchange goes about the Boscoin IOU tokens

[Bay_Harbour_Butcher]

I agree with your opinion, the deposit fee and withdraw at hitbtc is very high, I also prefer to sell and buy in other exchange because there are still many exchange which have very low fee

[spagettiboy69]

All you can do is vote with your money. The upside is that they have all the alts you don't find anywhere else, which is the only reason they exist.

[euggio]

I don't understand how HitBTC can survive in the market. Many exchanges offer a much more pleasant margin for their services.      

[InfiniteGrim]

Hitbtc is another exchange that is completely detached from reality and loses its customers. Greed will ruin them soon.      

[jpoker272727]

Hitbtc's deposit and withdrawal fees are absolutely ridiculous. For example, ETBS which I want to trade on HITBTC, it costs 30+ ETBS just for the deposit fee. Its equivalent to $60USD+. It is hindering the growth of token's prices. What should I do if the token of mine is only listed on Hitbtc and coinexchange(0 trading volume)? Etherdelta is the last option but no one really uses it.

[tyuner4]

I have avoided trading in HitBTC since I know of the withdrawal fees, it is too high IMO. And the rules of trading a fixed number of coins sound ridiculous. I have some coins trapped in HitBTC, unable to trade and not feasible for withdrawal due to the high fees.

[koloNikolo]

You have to be very careful with this exchange cause they have really a lot of scam projects and this exchange just make money on every coin they have. I think you can earn there but the next step is fees they have. They are really big. I think with such strategy they will loose their customers.

[RoftheN]

These unrealistic deposit and withdrawal fees by exchanges are nothing short of extortion. I would say one should avoid such exchanges and wait till your coin gets listed on a better exchange. Unless we stop using such exchanges they aren't going to stop charging such high fees for withdrawing.