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Author Topic: Exchange withdrawal fee comparison  (Read 394 times)
Hamphser
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May 15, 2018, 11:01:47 PM
 #21

I don't remember which one between Yobit or Poloniex but I thought they didn't charge any fees since the transactions were sent in batch.
I use sometimes Paymium for this reasons as I don't mind if the transaction is sent in 1 hour. I don't understand why not more exchanges use this method especially if they have large volumes daily

It's definitely not poloniex as I just checked it. They are saving huge bucks by having their users pay for their own transaction fee when withdrawing so I'm pretty sure they do not want to shoulder it for them unless they want to use it as a marketing strategy. But hey, since it is sent in batches, the fee's are cheaper since together it'll be used to pay for a single transaction's miner fee--- the batch.

Because they don't care about their clients?


Right right. Sorry about that!
Even just thinking that those fees are way too small but if we do total the volume for those who make withdrawals specially into top tier exchanges then those amounts will pile up and still a big money.Even if i have my own exchange i will practically charge up my users to pay their own fees rather than on using up on my own wallet. Sounds selfish but this is how business works.  Grin This thing is only good for promotion for a short duration.

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May 31, 2018, 10:38:43 PM
 #22

Bumping this topic for visibility. Let people beware of the exchange rates Cheesy.

FabiAdr76
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June 02, 2018, 03:11:32 AM
 #23

A biiiig thaaaaank you de_xt, you save my life.
Really helpful information, I was looking for an exchange with a low rate and I could not find it until I saw your post, I would like it to have more visibility because I see it very useful and I hope this not to get outdated, I will help as much as I can.
Again, thanks a lot.
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June 02, 2018, 11:23:06 AM
 #24

Quite helpful for the new people or those who want to know about the fees details of various exchanges and then take the decision based on the fee structure and open an account. For trdaer fees are very important as their are many transactions that they do and fees do play a vital role.

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