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Author Topic: Lowest Deposit/Withdrawal Fee Exchange?  (Read 464 times)
puremage111 (OP)
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October 22, 2019, 12:58:37 PM
Last edit: October 22, 2019, 04:23:09 PM by puremage111
 #1

As binance is by far the best exchange with liquidity without a doubt
It has no deposit fee for btc

But withdrawing is 0.0005 btc which is kinda big there

Any other exchange with low Deposit/withdrawal fee that you can suggest?

Edit:
A great site by Landak - https://withdrawalfees.com/coins/bitcoin
A great thread by Javi Too - https://bitcointalk.org/index.php?topic=2991183.0
Javi_Anibarro
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October 22, 2019, 01:16:42 PM
 #2

You can see this thread Exchange with lowest BTC withdrawal Fee?.
it should not be far off and I have checked Bitfinex should be the lowest at 0.0004BTC as its withdrawal fee.
puremage111 (OP)
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October 22, 2019, 01:23:42 PM
 #3

You can see this thread Exchange with lowest BTC withdrawal Fee?.
it should not be far off and I have checked Bitfinex should be the lowest at 0.0004BTC as its withdrawal fee.

Wow thanks for the thread
Didn't really know that there's a thread that has this info as i mainly only read from people's comment

Thanks alot with the info
The reason why i am asking is because i actually thinking on if i were to deposit 0.001 btc to binance and trade, but the withdrawal of 0.0005 btc really kills imo
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October 22, 2019, 01:28:08 PM
 #4

As binance is by far the best exchange with liquidity without a doubt
It has no deposit fee for btc

But withdrawing is 0.0005 btc which is kinda big there

Any other exchange with low Deposit/withdrawal fee that you can suggest?
bitforex, but if there is an exchange that is free of fees surely it will be more interesting. but in my opinion it's not there, because of that fee the exchanger can survive.

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October 22, 2019, 01:31:53 PM
 #5

As binance is by far the best exchange with liquidity without a doubt
It has no deposit fee for btc

But withdrawing is 0.0005 btc which is kinda big there

Any other exchange with low Deposit/withdrawal fee that you can suggest?
bitforex, but if there is an exchange that is free of fees surely it will be more interesting. but in my opinion it's not there, because of that fee the exchanger can survive.

A large exchange can offer a fee free withdrawal for some time but that would be covered by the exchanges profit.
I really wonder how can shapeshift has such a low fee as 0.00015 BTC along with low trading fees. I'd recommend shapeshift to anyone going through one to next crypto and is not looking for long quick trades.

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October 22, 2019, 01:41:12 PM
 #6

As binance is by far the best exchange with liquidity without a doubt
It has no deposit fee for btc

But withdrawing is 0.0005 btc which is kinda big there

Any other exchange with low Deposit/withdrawal fee that you can suggest?
bitforex, but if there is an exchange that is free of fees surely it will be more interesting. but in my opinion it's not there, because of that fee the exchanger can survive.

A large exchange can offer a fee free withdrawal for some time but that would be covered by the exchanges profit.
I really wonder how can shapeshift has such a low fee as 0.00015 BTC along with low trading fees. I'd recommend shapeshift to anyone going through one to next crypto and is not looking for long quick trades.

I just heard shapeshift exchange is it safe? because I see shapeshift there is no list on Coinmarketcap, for fear it's not a popular exchange even with low costs.

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October 22, 2019, 01:48:23 PM
 #7

Wow thanks for the thread
Didn't really know that there's a thread that has this info as i mainly only read from people's comment

Thanks alot with the info
The reason why i am asking is because i actually thinking on if i were to deposit 0.001 btc to binance and trade, but the withdrawal of 0.0005 btc really kills imo

That is not a problem, you can send it to Binance and trade it. After you are done with your business on Binance you can send it back using different altcoins such as Dogecoin, Stellar Lumen, XRP and many more. Those altcoins are asking you a little fee at most only around 0.0001BTC in the form of respective altcoin or even lower than that
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October 22, 2019, 02:16:20 PM
 #8

But withdrawing is 0.0005 btc which is kinda big there
Just for your info, yobit charges 0.0012BTC for a fee, so Binance's seems cheap by comparison. 

Most exchanges have pretty low trading fee percentages, and I think they're all fairly competitive but it's the withdrawal fee that kills you at the end unless you're withdrawing an altcoin.  I have yet to withdraw bitcoin from this signature campaign I'm in because of the fee.

Not sure what kucoin charges for a trading fee, but their withdrawal fee is 0.0005BTC as well.  Binance stopped being available in my state so I don't use them anymore and have been using kucoin for a couple of months now.  I can't complain about them, as they're almost as good as Binance. 
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October 22, 2019, 02:30:44 PM
 #9

I usually use another coin like XRP or ETH to withdraw so the fee is lowest and rarely use btc to withdraw because the fee is around 0.001BTC
I don't know if every exchanger applies almost 0.001BTC for withdrawal fees, because i rarely use btc for withdrawals

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Landak
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October 22, 2019, 02:34:44 PM
 #10

I have a reference link https://withdrawalfees.com/coins/bitcoin
Coinbase Pro, BitStamp and Liquid are some market exchanges that give you free withdrawal fees. and I am sure that the market exchange is very familiar with us.

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October 22, 2019, 02:38:17 PM
 #11

As binance is by far the best exchange with liquidity without a doubt
It has no deposit fee for btc

But withdrawing is 0.0005 btc which is kinda big there

Any other exchange with low Deposit/withdrawal fee that you can suggest?

For me converting BTC into LTC before withdrawing between exchange still the best way.
LTC has very low fee for withdrawing and also the transaction speed is faster than withdrawing BTC.
besides litecoin we could use ethereum clasic or etc for withdraw.these coin transaction fee has lowest price and trnsaction could finish only on short time.if we have only less bitcoin, se should convert it first.withdrawl fee come from exchanges policy  and also only poor developers that has high fee.
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October 22, 2019, 03:12:49 PM
 #12

I give tips for you to withdraw funds at low cost. First, exchange bitcoin for altcoin as I know xlm and trx, the shipping costs are very cheap. You can also exchange it for dogecoin
The third coin delivery only takes 5 minutes.

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October 22, 2019, 06:18:54 PM
 #13

Transactions in the Bitcoin network are quite expensive, I have not yet met a single exchange where the commission for withdrawing Bitcoin would be less than 0.005.
Personally, I exchange bitcoin for a coin with a lower commission for withdrawal and then change back in the final place.
Such a trick may not work if you withdraw Bitcoin to your Bitcoin wallet and not to the exchange, but nevertheless there is always the opportunity to swap coins through MEW.

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October 22, 2019, 09:29:11 PM
 #14

This withrawal fees beats my imagination too and the question I get to al my everyday without answers is how can this 0.0005 fees be reduced because its way too much when making withrawal, I personally suggest exchanges coming together and malong resolutions

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October 22, 2019, 09:39:02 PM
 #15

I have a reference link https://withdrawalfees.com/coins/bitcoin
Coinbase Pro, BitStamp and Liquid are some market exchanges that give you free withdrawal fees. and I am sure that the market exchange is very familiar with us.

a nice reference list but sometimes the withdrawal fee doesnt matter if you are in a hurry or you have doubts with the reputation of the exchange.
what im trying to say here = are you going to wait for days and days of transferring your money to another because it happens that exchange is charging you much lower fee as compared to another one, which is charging like 50k sats but you know for sure that it will hit your wallet in few hours?
i have had bad experience in one of the exchanges in the list, and at that time they are charging 10k sats for withdrawal, but it took more than a week to see my btc in my wallet.
now thats frustrating! so i better prefer to pay the 50k sats rather than 10-20k sats so as not to experience that again...

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October 22, 2019, 09:44:14 PM
 #16

@OP, I will suggest that you check Mercatox and do your comparison. Most of the times, when I want to just simply convert any of my coins to either BTC or ETH, I usually prefer to use Mercatox, because it is way cheaper, compared to so many exchanges.
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October 23, 2019, 05:31:17 AM
 #17

I have a reference link https://withdrawalfees.com/coins/bitcoin
Coinbase Pro, BitStamp and Liquid are some market exchanges that give you free withdrawal fees. and I am sure that the market exchange is very familiar with us.

a nice reference list but sometimes the withdrawal fee doesnt matter if you are in a hurry or you have doubts with the reputation of the exchange.
what im trying to say here = are you going to wait for days and days of transferring your money to another because it happens that exchange is charging you much lower fee as compared to another one, which is charging like 50k sats but you know for sure that it will hit your wallet in few hours?
i have had bad experience in one of the exchanges in the list, and at that time they are charging 10k sats for withdrawal, but it took more than a week to see my btc in my wallet.
now thats frustrating! so i better prefer to pay the 50k sats rather than 10-20k sats so as not to experience that again...
Ya i know that too, that is just reference. And a market exchange that uses a fee of at least 0.0005 bitcoin, is definitely faster in processing, so I agree with you. and most markets that charge a fee of 0.0005 bitcoin or higher are market exchanges with at least a good reputation, though not all of them.

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October 23, 2019, 06:26:20 AM
 #18

I've recently tried yoibt exchange,. Before, I am having a confusion about their user interface, once I've tried it. I see the transaction fee varies from coin or crypto. There are coins that requires more trans fee compared to others. But yobit compared to some top exchange is quite performing very well at this time. I see, there is a potential that listing coins there is profitable.
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October 23, 2019, 06:55:09 AM
 #19

I think the place of exchange for the deposit does not need to use additional fees, only for withdrawals which usually at the exchange place provide a withdrawal fee, if you think when making a withdrawal with a BTC pair have very expensive shipping costs then you can use with altcoin which can be cheaper when make withdrawals.

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October 23, 2019, 07:30:30 AM
 #20

You can see this thread Exchange with lowest BTC withdrawal Fee?.
it should not be far off and I have checked Bitfinex should be the lowest at 0.0004BTC as its withdrawal fee.

Wow thanks for the thread
Didn't really know that there's a thread that has this info as i mainly only read from people's comment

Thanks alot with the info
The reason why i am asking is because i actually thinking on if i were to deposit 0.001 btc to binance and trade, but the withdrawal of 0.0005 btc really kills imo
Why not use other crypto currency  for widrawal for example XRP and ETH  .ETH is less than 1 dollar transaction fee and in xrp its just 0.12$ it is much  more cheaper compared to BTC.
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