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Author Topic: HITBTC withdrawal fees  (Read 1640 times)
Bitcoin_Arena
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March 17, 2019, 08:22:27 PM
 #61

One of the worst exchanges I have used so far. Very exorbitant withdrawal fees. I stopped using it early last year and withdrew all my funds.

Tip:
If you want to withdraw your funds without having to a cent on withdrawal fees, use NEO. That's what i always use when transferring coins from an exchange to another (of course on centralized prominent exchanges only)

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March 18, 2019, 11:37:03 AM
 #62

HitBTC is the worst experience. They have a lot of listed tokens, which are not listed anywhere else, but limit the withdrawal, indicating the minimum amount. Now I use several services without registration, coinswitch and changenow for example.
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April 15, 2019, 12:50:37 AM
 #63

They taking the f'ing piss

Recently i have withdrawn my TokenCard(TKN) without realizing the HIGH 13.82TKN worth $9.32 fee i confirmed the withdrawal.
that's more than 12% charge on simple withdrawal which the network charges just few cents.
withdrawal amount was 194 tkn charge 13.82 tkn = $9.33 worth at the time of writing.

AVOID HitBTC at all costs.
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April 15, 2019, 08:19:59 AM
 #64

They have the highest among the exchange I used, they are current charging 0.0015 btc per withdrawal transaction, that hurts if you are not trading with a huge volume. Not only that, their altcoins withdrawal fee also increase, I was using XRP before to withdraw when they still charge less than 1 XRP but now they increased it to over 6 xrp, what a big jump.

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mrvuit
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October 10, 2019, 10:26:49 AM
 #65

OMG!!! About $12 for withdrawal, I will never trade on HITBTC again.
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December 14, 2019, 11:39:35 PM
 #66

Thank you all for your feedback! We're always open to constructive criticism and appreciate you sharing your unfiltered and honest opinion.

The flat fees stay the same regardless of the amount the user's trying to withdraw - we're sorry that doesn't work for you.
We understand that users that need to regularly withdraw smaller amounts of crypto might find it an inconvenience.

By the way, we do not have a deposit fee that was mentioned earlier in this thread.

All of the relevant withdrawal fees can always be found in the 'account' section of the platform: https://hitbtc.com/account

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December 18, 2019, 05:32:51 AM
 #67

Regarding the unreasonable charges of HITBTC, I have stopped using this exchange for a long time. I have never seen other exchanges, and there are also charges for recharge. Lips sealed

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December 18, 2019, 06:55:47 AM
 #68

Same here, the first day i witness the huge withdrawal fee on hitbtc exchange was in early 2017 and since then i stopped using the exchange, my advice is to swap to other coins like dogecoin if its available because doge always have very convenient withdraw fee
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December 18, 2019, 08:02:29 AM
 #69

OMG!!! About $12 for withdrawal, I will never trade on HITBTC again.

I think to avoid the large fees on exchange in HITBTC, you should exchange your BTC with Dogecoin because there will not be many fees when withdrawing. I ever traded there but when I want to withdraw I exchange all my coins for Dogecoin and after that I no longer want again to trade on HITBTC until now.
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June 30, 2020, 12:39:02 AM
 #70

OMG!!! About $12 for withdrawal, I will never trade on HITBTC again.
https://i.imgur.com/G0lxLXD.png
  They are worst now.. they ask 23 USD to withdraw a tinny fk altcoin
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June 30, 2020, 04:00:53 AM
 #71

OMG!!! About $12 for withdrawal, I will never trade on HITBTC again.

 They are worst now.. they ask 23 USD to withdraw a tinny fk altcoin
scam exchange and people who are using it are brain dead.

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June 30, 2020, 11:07:12 AM
 #72

OMG!!! About $12 for withdrawal, I will never trade on HITBTC again.

 They are worst now.. they ask 23 USD to withdraw a tinny fk altcoin
scam exchange and people who are using it are brain dead.

That's not a scam, I am also using hitbtc but I don't use bitcoin due to the high withdrawal fee, I believe they have the biggest withdrawal fees among exchanges, maybe next is yobit, but it's not an issue to me as I use XRP when transacting using their site.

BTC0.0015  withdrawal fee may not be affordable for small time traders, but like I said they are not scam IMO.

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June 30, 2020, 12:02:09 PM
 #73

Really I'm very upset with this exchange... They have one of the most expensive withdrawal fees I've ever see... I saw this kind of abusive fees in other exchanges like yobit but I tought HITBTC will be a little more serious due to the fact its great volume... They don't need to charge those abusive fees... Really... If they doesn't change their politics I think I will withdraw all my fund from there (despite the fact they will thieve me in every withdrawal I'll make)  Angry Angry
I think latoken is far more expensive when it comes to withdrawal fees are ranging 4.50$ to 5$. in hitbit the withdrawal fee of xrp is 1.12$ in latoken its 4.90$ for me hitbtc is still cheap (cheap but not in btc withdrawal)
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June 30, 2020, 01:19:52 PM
 #74

I think latoken is far more expensive when it comes to withdrawal fees are ranging 4.50$ to 5$. in hitbit the withdrawal fee of xrp is 1.12$ in latoken its 4.90$ for me hitbtc is still cheap (cheap but not in btc withdrawal)

That's why I'm using XRP when I withdraw to this site, and just convert that xrp to btc in my local exchange.
Since, AFAIK, yobit has a very small charge on XRP withdrawals, it's less than 1 XRP but even if hitbtc charge 6 IIRC, it's still cheap since XRP's price now is cheap.

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June 30, 2020, 09:37:50 PM
 #75

I think latoken is far more expensive when it comes to withdrawal fees are ranging 4.50$ to 5$. in hitbit the withdrawal fee of xrp is 1.12$ in latoken its 4.90$ for me hitbtc is still cheap (cheap but not in btc withdrawal)

That's why I'm using XRP when I withdraw to this site, and just convert that xrp to btc in my local exchange.
Since, AFAIK, yobit has a very small charge on XRP withdrawals, it's less than 1 XRP but even if hitbtc charge 6 IIRC, it's still cheap since XRP's price now is cheap.

In dealing with high fees then theres no other possible way to reduce or get rid of of high fees but making up some conversion to other alts which do have very cheap fees and this is also my way when i do encounter such scenario but hitbtc and yobit are shitty exchange that doesnt even bother to adjust their fees and set it out on stone which would really scare out their users that do decide to make withdrawals directly with btc.
This is no shocker and Hitbtc is been known with some issues not only into its fees but on other things well but there are still people who do deal or make use of this place but for me, ive long time avoid this one.

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July 03, 2020, 01:50:04 AM
 #76

OMG!!! About $12 for withdrawal, I will never trade on HITBTC again.

 They are worst now.. they ask 23 USD to withdraw a tinny fk altcoin
scam exchange and people who are using it are brain dead.

That's not a scam, I am also using hitbtc but I don't use bitcoin due to the high withdrawal fee, I believe they have the biggest withdrawal fees among exchanges, maybe next is yobit, but it's not an issue to me as I use XRP when transacting using their site.

BTC0.0015  withdrawal fee may not be affordable for small time traders, but like I said they are not scam IMO.
I have also ever used this exchange and usually if I want to make a withdrawal I exchange all my coins for Dogecoin because it has a smaller fee than Bitcoin. of course that's not a scam exchange because it is proven to pay and what makes this exchange hated by many people is because of the large fee at the time of withdrawal.

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July 03, 2020, 03:57:48 AM
 #77

I have also ever used this exchange and usually if I want to make a withdrawal I exchange all my coins for Dogecoin because it has a smaller fee than Bitcoin. of course that's not a scam exchange because it is proven to pay and what makes this exchange hated by many people is because of the large fee at the time of withdrawal.
Have you already try with Waves? When I want to withdraw from that exchange, I always use Waves because the fee is really for me, so I don't have a problem. But I don't use that exchange to trade because I don't think that I can make a profit than the other exchange. I prefer to trade in the other exchange with a big volume and big coin list, which I can select to trade.

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July 03, 2020, 03:54:45 PM
 #78

I have also ever used this exchange and usually if I want to make a withdrawal I exchange all my coins for Dogecoin because it has a smaller fee than Bitcoin. of course that's not a scam exchange because it is proven to pay and what makes this exchange hated by many people is because of the large fee at the time of withdrawal.
Have you already try with Waves? When I want to withdraw from that exchange, I always use Waves because the fee is really for me, so I don't have a problem. But I don't use that exchange to trade because I don't think that I can make a profit than the other exchange. I prefer to trade in the other exchange with a big volume and big coin list, which I can select to trade.
I never tried wave for the withdrawal but I will keep in mind that wave is also a cheap fee in making a withdrawal
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July 23, 2020, 01:15:01 PM
 #79

never using these muppets again. 350 TRX fee withdrawing 1615 TRX??!!

Crooks! Embarrassed Embarrassed Embarrassed
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July 23, 2020, 03:01:53 PM
 #80

Same problem! And there are also times when withdrawal gets stuck for several hours to a few days before getting into the blocchain and getting mined. If these fees are that big, they could've afforded to put bigger miner fees for a faster transaction time to somehow justify the withdrawal fees.
yahh I have pulled some tokens that I have and that's up to 1 day how long this matter even though I want to use it in a hurry and again even though I use a large fee to be faster in shipping but still pending for that long and it's very boring
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