Some exchanges charges are too high

[Byakuga]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

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[sisule]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

Not all exchange market have the same fee charges and many of exchange have different payment fee but you can convert first you withdrawing ethereum or bitcoin become with doge coin or you can use litecoin for withdrawing, you can get little fee payment when withdrawing use altcoin like ltc, doge and you can use XRP to get little fees.

[mr_random]

The usual BTC withdrawal fee is around 0.0005BTC on many exchanges. You can trade the BTC to altcoins(LTC, DOGE, XRP) for the cheap withdrawal. Later use the coin swap instant exchange services for receiving the BTC. Btw, you can compare the withdrawal fees here: https://withdrawalfees.com/coins/bitcoin

[iamaruf]

Saw many exchanger there withdrawal fee is higher. I hate hitbtc only for there withdraw fee.even there all coins of withdraw fee is higher,like btc,eth,ltc etc.Yobit btc withdraw fee is also higher 0.00012btc.but there ltc withdraw fee is low and I convert buy btc to ltc then I withdraw,to avoid high withdraw fee           

[Javi_Anibarro]

That is why there is a thing called altcoin, an alternative coin that you can use beside Bitcoin. I rarely use Bitcoin to make a transaction because it takes a lot of time and requires a higher fee compared to Dogecoin or other altcoins.
I do not know there is an exchange that charges you 0.00005BTC for the withdrawal transaction fee? what exchange is that?

[VDraci]

I wish cryptopia exchange still works, that exchange have very low withdrawal fee and that makes it the best altcoin exchange on my list followed by stex exchange, its better to check exchange fees out before you deposit on them, few exchanges are living hell for people who have not much money

[nutriagrigia]

 if I want to withdraw money from some exchange and transfer it to another exchange, then I just buy TRX and transfer this coin. as a rule, the commission for the withdrawal of TRX is not more than 10 TRON. this is one of the smallest commissions that are now we have and this coin can be sold almost everywhere

[seoincorporation]

Well, as you say, some of them charge big fees but are the users' desition if they use that services or to move to another option. Exchanges choose the fees, but if the user really hight fees they will only lose customers.

The option of swap the coins to pay smaller fees isn't good at all, because at some point you will have to move from the Altcoin to BTC back.

[enhu]

I think its  almost the standard now, 0.001 BTC are mostly the withdrawal fees, trading fees are pretty much cheaper. Binance charge 0.0005 BTC but most of the exchanges I have been into its 0.001. I can't really complain since its their exchange, its their rules. What I do is trade my coins to XRP or ETH and then move to another exchange or cash out. With this, my fee with just be less than a $1.

[tianglistrik]

sometimes exchanges that demand high fees must be abandoned, because they worsen the big name of the crypto industry. with a large withdrawal fee makes people think that every exchange will be like this, especially if new users are directly using the exchange.

[fuer44]

fee is unavoidable, but if it is too high compared to other exchangers, in my opinion do not use the exchanger, unless the token from your bounty is there then you will be forced to use it.

[Eternad]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

I also do it in different exchanges, its better and cheaper than withdrawing using BTC. Changing XRP is a cheaper solution too. Just convert it in a wallet capable of converting it easily.

[Dart18]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

That is one heck of a high fee.
It's called robbery.

Even with dynamic mode it wont take that much.
I have been trying other exchange and the highest I have bumped into is 50k sats which looks normal now.
It is a good thing for you wont be listed in the pool and wait. That 50k is like the VIP mode.

[coin-investor]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

They are making profit from trading and withdrawal, I have the same experience with my earnings on Yobit I have to trade it to XRP or Litecoin and I'm lucky that my local exchange, accepts Litecoin to trade into fiat, but if you have the choice pick exchanges that offer the lower withdrawal fee, or if you cannot avoid to trade there you really have no chance but tot trade it to other coins.

[Ratash]

Yes There are some exchanges with high bitcoin withdraw fees like yobit they charge around 12$ for every withdraw
I had to change my btc to dash to withdraw with low fees.

[kolonel_x]

I think it's the same in every exchange if the user wants to make a withdrawal via bitcoin it will charge 0.001 and I think it's natural because most exchanges are like that.
If you want to be cheap in making withdrawals from an exchange then I suggest using a token it will be cheap and fast in its transactions.

[StephenieDuong]

Yes lots of exchange charge high fee when withdraw, i think this all because that exchange get not too much trading fee and they could not cover withdraw fee. I have some bad experience with hitbtc, they are a big exchange but seem they do not want release small penny from investors. Most of the coins withdraw fee on that exchange may up to 25$ and this may rise if the coin price rise.

[kodtycoon]

that's true and at least i'm surprised at the high fees, even though high fees guarantee our transactions are safer but with costs that place up to 0.001 it will only make the user look for other alternatives or will even leave exchanges that have low fees

[Dickiy]

actually the size of the exchange fee depends on the quality of the exchange itself because they take advantage of the withdrawal fees and trading transaction fees to avoid losses, but we as users must be smart in choosing cheap digital money, which is usually that I use TRX to move my assets as usual cheap withdrawal

[socks435]

Some of the exchanges has expensive withdrawal fee but if you want to take your coins out from the exchange that charges you with high fees you can exchange your coins to other altcoin with low withdrawal fee like XRP or ETH. This is what I do when withdrawing them directly to my local wallet with less fee.
But if you want to withdraw your coins into BTC well most of the exchanges asking high fees but some exchanges asking less fee if you have some token like Binance with BNB promo. So if you want to exchange with less withdrawal fee better go to exchanges with own coins/token like binance or Kucoin or OKex.

[luckyflop]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

As I think small exchanges often have very high withdrawal fees, like yobit ... they also have a BTC withdrawal fee of 0.001BTC. I think there is no reason for you to use small exchanges in trading, it is better to choose the top exchanges in this market. They have cheaper withdrawal fees and their exchanges are also much more reputable

[BitcoinHunt3r]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

I just heard an exchange charges 5000 satoshi, because when it is not increased it is reach 10000 satoshi and i think it is already cheapest. But for withdrawal fees, usually a lot of big altcoins can be alternative. Me usually use TRX, WAVES, XRP or maybe LTC if needed.

[btcdie]

BTC withdrawals on any exchange are indeed average, considering that they are also added as mining costs. But for the popes the cost has no effect. Maybe for prize hunters or beginner traders the cost needs to be reconsidered and the way to save it is to change the alt, usually the one I often exchange first is on LTC coins, DOGE, TRX, and others.

[BeManga]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

for the small transaction, I also use altcoin for withdrawal
this is one of the problems for some exchange
ever since they didn't change the fee for withdrawal in bitcoin
let just hope they will do something about this in the future

[ubercool]

The best thing is to buy an alt, withdraw it to the destination and sell the alt fast if you want to keep the BTC. It won't differ much and you'll save allot if you've used litecoin or Tron like Altcoin. If the exchange is small then the fees is usually high so try to be in a bigger popular exchange or use decentralized exchange.

[bittraffic]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

I have not been in Dcoin though but I can see its not different to other exchange, I would also assume they ask KYC like the rest.  Dcoin seem to have a good number of traders on it because it has high volume, it isn't however a very well known exchange. You can Try to withdraw altcoins instead to minimize the fee, 0.001BTC is worth more than 8USD but with ETH its likely just $2.

[Winscosinally]

I think its  almost the standard now, 0.001 BTC are mostly the withdrawal fees, trading fees are pretty much cheaper. Binance charge 0.0005 BTC but most of the exchanges I have been into its 0.001. I can't really complain since its their exchange, its their rules. What I do is trade my coins to XRP or ETH and then move to another exchange or cash out. With this, my fee with just be less than a $1.

Money hungry exchanges are the only one that charge 0.001 for bitcoin withdrawal fee, I will rather stay away from such exchanges, even few low rated exchanges charge lesser fee, the best solution for OP is to change to other altcoins like dogecoin to lower that ridiculous fee

[Vishnu.Reang]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

Well.. there are a few exchanges out there which charge you very high withdrawal fee. Dcoin is not the only one and their fees is not the highest among the exchanges. I have used Yobit, and their withdrawal fee (BTC0.0012) is even more than that in Dcoin. The only option left for the users is to convert the BTC to either BCH and ETH and then convert them back to BTC after withdrawal.

[radjie]

most exchanges will certainly charge a high fee if you want to make a withdrawal using bitcoin. therefore it is strongly recommended that if you wish to make a withdrawal, you must convert it to an altcoin that imposes low fees like Litecoin or other altcoin

[Twentyonepaylots]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

Well.. there are a few exchanges out there which charge you very high withdrawal fee. Dcoin is not the only one and their fees is not the highest among the exchanges. I have used Yobit, and their withdrawal fee (BTC0.0012) is even more than that in Dcoin. The only option left for the users is to convert the BTC to either BCH and ETH and then convert them back to BTC after withdrawal.

It's better to go for exchange sites that already have a large user base, most of the time they are the ones that are charging less per transactions since they can just gain the losses back from the server traffic. Or if it can't do for some reason like the coin you're trying to exchange is not listed elsewhere, you can try buying alts and send them to the destination exchange site to use as fodder so you can withdraw or carry out your transactipn.

[mobilestrike]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

I also know about some exchanges which have a high withdrawal fees for the bitcoin withdrawal so I am doing the same as you did. I am also exchanging my bitcoins to litecoin or ethereum to transfer it to another wallet or to send it to any person to whom I want to do the deal. There was coinexchange the fees of which was I think 1000 satoshi but now that is also closed

[duuuuude]

Each exchange appoints its own rules and its own orders as it wants and the commission is different everywhere. What prevents you from doing this on other exchanges?

[kaneki007]

It depends on the exchange that applies transaction fees and if the higher the costs, of course, the faster your bitcoin gets to the wallet.
But if you don't want to pay too much, try using some altcoin.

[posi]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

In my opinion, the 0.001 withdrawal fee is ridiculous and i personally dont use exchange site that required 50000 satoshi for withdrawing fee not to mention 0.001BTC.
I will advise you to convert the BTC to ETH cause most exchange site that ask for high BTC withdraw fee usually require maximum 0.006ETH as fee.

[Mihaylovic]

well. maybe you are right. i haven't checked so much about the fees. But take into account that the volatility is too high in the market. so comparing to price changes every second, fees shouldn't be extremely important. For me the important thing is volumes of the exchange.

[dataispower]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

Damn, 0.001 btc for withdrawal is way up, comparatively. The usual shouldn't be above 0.0005 btc per say. Once I spot too high charges, I convert to either xlm or xrp or Doge to reduce fees, but that's if I'm withdrawing to another exchange.

[Silberman]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

Unfortunately that is the way that many exchanges have to try to obtain profits from their customers and many do not even notice, also many traders do not really see the importance of this, you need to try to trade or invest in the exchange that has the cheapest fees and the best reputation possible because those fees can be the difference between having a system that is profitable and a system that is not and this is especially true if you are a person that makes a lot of trades.

[Harlot]

It's the first time I am hearing this exchange and they are probably not that good especially when their withdrawal fee is that high, they are almost charging you around 9$ just to make a withdrawal from them and I call that a robbery even if you are trading thousands of dollars or more with their platform. Comparing them to Binance which they currently have 0.0005BTC as a withdrawal fee for Bitcoin their prices are really high which is double compared to Binance. Really the only way on how you will mitigate this is to trade with a large capital big enough that it can justify the withdrawal fee. Also hodling it inside an exchange isn't advisable or an option if you are just avoiding the withdrawal fee, you'll just be risking your money if you continue to hold it their.

[Wh00re]

It's a pain to withdraw BTC from any centralized exchange as it does cost way too much for my liking as well. The benefit of using decentralized exchanges is huge, and I predict they will get way way more traction in the future.
Personally keeping an eye on Blocknet, who's been the first project to develop a truly decentralized DEX, and by far the MOST decentralized one out there.
The fact that they work on decentralized oracles on top of it is just a bonus, which is most likely the reason for their recent surge in price

[cutesgirl]

It's a pain to withdraw BTC from any centralized exchange as it does cost way too much for my liking as well. The benefit of using decentralized exchanges is huge, and I predict they will get way way more traction in the future.
Personally keeping an eye on Blocknet, who's been the first project to develop a truly decentralized DEX, and by far the MOST decentralized one out there.
The fact that they work on decentralized oracles on top of it is just a bonus, which is most likely the reason for their recent surge in price

Almost exchange market have the same fees when withdraw using bitcoin or ethereum, maybe have different payment fees when using altcoin alternative as withdrawing assets like monero, atom and other coin depend with procedure of exchange market fee, but you can withdraw your assets with altcoin only to receive low payment fees.

[Zicadis]

The vast majority of low-quality exchanges overchange customers on withdrawal fees simply as a way to generate additional revenue.

Next time, you'll learn to check all of the fees at an applicable exchange, not just the trading fees.

[d3nz]

I think all of the exchanges does have the same fee charge and but different with the confirmation, as i experienced before that i tried withdrawing in Poloniex before it took days before it got posted on my wallet which is really inconvenience.

That is why we cannot avoid this fee when making a transaction and only to lessen the charge is to convert them to an altcoin that is in low value and if you have a local digital wallet that can convert just like in my country it would be convenience and no hassle at all.

[Muhammad Muneeb]

it is the same amount for the most of the exchanges. it seems high to you because you may trying to withdraw 150$ or so btc from the exchange. 0.001btc is almost 8$ fee for the withdrawal which does not seems high if you own at least 1 btc. but irony is that fee is fixed even for small values. try to use binance this fee can be cut into half like 0.005000 if you use bnb for paying the fees.

[suzanne5223]

The usual BTC withdrawal fee is around 0.0005BTC on many exchanges. You can trade the BTC to altcoins(LTC, DOGE, XRP) for the cheap withdrawal. Later use the coin swap instant exchange services for receiving the BTC. Btw, you can compare the withdrawal fees here: https://withdrawalfees.com/coins/bitcoin

Thanks for the link because provided all the necessary information about exchange site withdrawing fee but it sad to see that there are some exchange site which even require withdrawing fee thats than the exchange in the subject.

It's the first time I am hearing this exchange and they are probably not that good especially when their withdrawal fee is that high, they are almost charging you around 9$ just to make a withdrawal from them and I call that a robbery even if you are trading thousands of dollars or more with their platform. Comparing them to Binance which they currently have 0.0005BTC as a withdrawal fee for Bitcoin their prices are really high which is double compared to Binance. Really the only way on how you will mitigate this is to trade with a large capital big enough that it can justify the withdrawal fee. Also hodling it inside an exchange isn't advisable or an option if you are just avoiding the withdrawal fee, you'll just be risking your money if you continue to hold it their.

This is the first time I'm hearing about the exchange site either and surprised to know that the exchange site have been in existence since 2008-07-28 and also listed on capital market.

[TheICE007]

That is really on the high side, sometimes this fees scare investors/traders away and before you know it the trading volume in that exchange tend to be less, well in instances like this the best one can do is to convert their bitcoin or ethereum to another cheaper altcoin with that the fee would be less.

[hello_good_sir]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

Unfortunately there isn't a whole lot that you can do about it.

Exchanges set the rules, whether or not they may be fair and if you use their service, you have to agree to their terms and conditions of services. There is no way around that.

As you say, there are ways to circumvent what some exchanges have in high fees by converting to another altcoin and then exchanging it using an instant exchanger which has relatively low fees (at least in terms of transaction fees). This only works for small amounts, though.

[gundala]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

I have also experienced the same thing several times due to high fees. I forget the name, which is clearly a new exchange, I use the exchange because of the reward bounty. Well, usually I move it to another exchange after exchanging it for more general coins. Although fees are also affected by your gas price and nominal withdrawal, each exchange has its own rules regarding withdrawal fees. Here are a few comparisons:

[JeromeTash]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

I have even never heard about the said exchange. How do you even discover and end up using such unpopular exchanges with zero reputation and an absolutely shit trade volume?

Why not stick with the more popular and trustworthy exchanges which even charge much lower fees?
This is how people end up getting scammed

This thread is a good guide to different exchanges and their fees; Crypto exchanges comparison [trade fee + listing fee + age + mobile app + more!]

[adzino]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

Not all exchange market have the same fee charges and many of exchange have different payment fee but you can convert first you withdrawing ethereum or bitcoin become with doge coin or you can use litecoin for withdrawing, you can get little fee payment when withdrawing use altcoin like ltc, doge and you can use XRP to get little fees.

Please don't tell me you are serious. Exchanges are used for converting one crypto currency to another. So, a user might deposit doge coin and might want to convert it to bitcoin. The solution you mentioned is not viable in this case. Even when exchanging between coins, there are fees that has to paid. So, eventually you will be spending almost the same and won't be saving anything.
Why not use another exchange that has lower fee? (make sure you read the reviews before using it).

[boris singer]

nominal fees (0.001) are almost similar to mercatox, and are also calculated progressively based on the amount sent, it is better to use trx or altcoin which is often used for low fee transactions, withdrawal fees for bitcoin are quite expensive, almost the same as usdt. The rules about it are purely from their exchange policy, but not all are like that.

[shiming]

With some well-known exchanges in the market, the withdrawal fees are very uniform. Only for some altcoins to go to special exchanges to trade, those exchange transaction fees and Bitcoin withdrawal fees are particularly expensive. We can withdraw to other mainstream currencies to reduce our costs. It is recommended to trade to mainstream exchanges.

[Dickiy]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

Not all exchange market have the same fee charges and many of exchange have different payment fee but you can convert first you withdrawing ethereum or bitcoin become with doge coin or you can use litecoin for withdrawing, you can get little fee payment when withdrawing use altcoin like ltc, doge and you can use XRP to get little fees.

Please don't tell me you are serious. Exchanges are used for converting one crypto currency to another. So, a user might deposit doge coin and might want to convert it to bitcoin. The solution you mentioned is not viable in this case. Even when exchanging between coins, there are fees that has to paid. So, eventually you will be spending almost the same and won't be saving anything.
Why not use another exchange that has lower fee? (make sure you read the reviews before using it).

I think even if we change to another altcoin it is still feasible if you take into account more detailed examples of exchange transaction fees may only be 0.01% and then if you count again it is more efficient and still good for saving when we use another altcoin TRX example, if you use doge on yobit. it's still expensive for a fee of 500 doge

[TastyChillySauce00]

actually the size of the exchange fee depends on the quality of the exchange itself because they take advantage of the withdrawal fees and trading transaction fees to avoid losses, but we as users must be smart in choosing cheap digital money, which is usually that I use TRX to move my assets as usual cheap withdrawal

Reputable exchange usually only charge 0.0005 or less and I think 0.001 is too much. If the condition of blockchain network is overcrowded that it forces us to pay for high fee then it's tolerable but right now the fee required for a transaction is so cheap. Maybe the exchange forget that it's not 2017 anymore and that high fee can be considered ridiculous.

[Lagduf]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

I have also experienced the same thing several times due to high fees. I forget the name, which is clearly a new exchange, I use the exchange because of the reward bounty. Well, usually I move it to another exchange after exchanging it for more general coins. Although fees are also affected by your gas price and nominal withdrawal, each exchange has its own rules regarding withdrawal fees. Here are a few comparisons:

There is something wrong with it about the kucoin fees and it was charged 100k satoshi for bitcoin withdrawal. Almost all of the exchange sites were putting this amount as the withdrawal fees. I think if OP wanna get a small fee and then just try to convert it into ethereum and im always using this way to get small fees. That chart needs to be updated.

[dainoran]

I have experienced withdrawals using bitcoin on a number of exchange fees that were taken quite large, but there are a number of ways in which costs can be reduced by exchanging bitcoin for doge and it works.

[Rengga Jati]

How many exchanges you know of that have too high withdrawal fee?

I don't know how you determine "too high WD fees". Everyone may have different perceptions related to too high or not the WD fees. However, you must know that there are a lot of exchanges in the world. Just choose the exchanges that you think have low WD fees. You can ask on their telegram group or googling to know the information about WD fees.

I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal

Why you are shocked? Don't you know that WD fees for Bitcoin commonly higher than altcoins? By the way, it means you don't find out the information about WD fees before you trade or create an account there. It is a bad mistake, buddy! Don't try before you know well everything.

[Polar91]

Well, it is really surprisibg to see how exchanges deals with transactions especially the withdrawal fees, but to consider, exchanges varies depending on the cryptocurrency that we are trying to withdraw out of the market. In fact, you could first trade the crypto you want to some altcoina that are wvidently low in transafxtion fee in terms of withdrawal. And then, try to convert the altcoin back to BTC in ylur preferred local exchange if you want.

[Adriano2010]

I agree that many exchange have high withdrawal fee for bitcoin, you should search an exchange with lower withdrawal fee as there are already other exchanges who have way low withdrawal fee for bitcoin and are some with 0 fee but need to do kyc.

[Aabcde]

I think almost all exchanges charge a large withdrawal fee to BTC. Yes, there are differences, but only slightly. The point is the withdrawal fee on the exchange is greater than the withdrawal fee from our personal wallet.
Maybe this is one place for the exchange to get profit. But we can overcome by making withdrawals with other coins that are cheaper.

[devillnj2.1]

high withdrawal fee is really frustrating of some exchanger most especially bitcoin and ethereum, thats why what i always do is i trade it first to xrp, because i can easily exchange xrp to my local fiat, and what i love most to xrp are fast transaction and low fee. you also try bch but the transaction is not that fast.

[joinfree]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

OP is right, DCOIN really charges high amount with their withdrawal fees and it is worst in Bitcoin  transactions. The worst part of this exchange is that, it takes a hell of  a time before they approve of the transaction and send it to their users. It's best to withdraw in ETH and later swap to get Bitcoin.
Another of such exchange is CREX24.

[BlackFor3st]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

I have no problems with our local exchange as we have the option on what fees to use in any bitcoin withdrawal but in your situation it will be best that you should stay away from those exchange that offers pretty high withdrawal fee.

And your pretty smart as that is my doing also if I saw a pretty high withdrawal fee but in my case I am using either xrp or ethereum so I can less in withdrawal fee compare to withdrawing it via bitcoin.

[maxreish]

That was too high! But we can't blame that exchanges. That's how they earn. However, in some exchanges I just did experience 50ksats for the fixed fees so what I am doing is exchanging my btc into xrp and transfer xrp into my personal wallet. You can check out the xrp's fee it cost less than eth and btc.

You can read this link , it was stated some crypto exchanges who offers lowest fees.

[biddicoin]

As far I know, Bitcoin transaction fee has been expensive at this time. It is needed for smooth transaction
So, if you wanna make transaction in Bitcoin you have to pay more expensive

In many cases, this is not exchange fault. Bcz most of exchange also set high fees (just bit different)
The one thing you can do just converts your Bitcoin to altcoin which has cheaper fee transaction

[Pamadar]

As far I know, Bitcoin transaction fee has been expensive at this time. It is needed for smooth transaction
So, if you wanna make transaction in Bitcoin you have to pay more expensive

In many cases, this is not exchange fault. Bcz most of exchange also set high fees (just bit different)
The one thing you can do just converts your Bitcoin to altcoin which has cheaper fee transaction

Good option to do is to convert your bitcoin if you are not willing to pay that such high fees, converting to alts allows you to send your assets
to a much cheaper value. Before, doge was been the tool for this but now xrp also have cheap fees so you can send your assets using this
coins and convert it back after or convert it to your fiat.

[Landak]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

dcoin is not the only one that imposes high withdrawal fees, there are also yobits with 0.0015 btc withdrawal transaction fees. whereas on average the exchange fee are usually 0.0005 btc, and the lowest fee I know is just coinbase.
for dcoin, try exchange to TRX because as far as I know the withdrawal fee is only around 1 TRX and the minimum withdrawal is 50 TRX, that's the last thing I remember.

[merlyn02]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

I know many exchange but I never withdraw using Bitcoin because the charge are very high. I converted it into ripple that more cheapest exchange fees. like in Yobit it only charges me 0.5 ripple that's only cents.

[gweedo]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out  

Do not use small exchanges and have no reputation in this market. They have very high withdrawal fees and exchanges can be hacked at any time or they can scam you anytime they want. Use the leading exchanges in this market to trade or hold altcoin. It will be a lot safer and their withdrawal fee is also much cheaper than small exchanges. But 0.001 BTC for each withdraw is reasonable, I don't see it too high compared to the current popular exchanges

[julius caesar]

For you to be able to withdraw your money or bitcoin on a cheaper price, you should try to trade it first in other coin like XRP and Ethereum since this coins has a cheaper withdrawal fee unlike bitcoin. Thats what trades do for them to be able to withdraw their bitcoin with a cheaper price. You should try it because that is a convenient way to withdraw.

[crossabdd]

each exchange has its own conditions for withdrawal fees. and will be different for each coin. I see expensive fees for withdrawals on hitBTC, and HotBit. even at HitBTC, I have to pay a fee of 10USDT for withdrawals (USDT withdrawals), on hotBit I have to finance 0.001BTC for withdrawals.

[holly.ball8]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

Weird that small exchanges usually have higher fees compare to big exchanges. I think those exchanges want to drive up their own trading volume by buy and sell to other altcoins with lower fees.

[TopT3ns]

each exchange has its own conditions for withdrawal fees. and will be different for each coin. I see expensive fees for withdrawals on hitBTC, and HotBit. even at HitBTC, I have to pay a fee of 10USDT for withdrawals (USDT withdrawals), on hotBit I have to finance 0.001BTC for withdrawals.

I think if you are conducting transactions between places of exchange, it is better you can use it by means of a transaction using altcoin because shipping costs using altcoin will provide convenience because the shipping costs are also very small, for example sending using litecoin which requires low costs and the process is very fast .

[Republikcoin.com]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

if the situation is like that, you need to exchange the bitcoins you have with other altcoins that have smaller fees, like ethereum. I sometimes use altcoin to reduce fees.
for bitcoin fees in some exchangers is quite large, even as far as I know there are some exchangers who even get up to 0.002 BTC. however, you need to find other ways to reduce it.

[Pffrt]

Yobit charge more than Dcoin, it charges 0.0012 BTC which is too much for small trader I think. They charge high fee on almost all of their coin other than LTC. However, as off chain transaction through the lightning network is accepted in some exchanges and most will adopt it, I think the use of on chain will not be used more and everyone can withdraw with a very lower amount of fee and more faster.

[nicolas1979]

Actually fees is relative but I feel same like you, too high and sometimes long time for delay. In my experience, Hitbtc and Hotbit is the best about high fees. Because of this I always try to get the real information about fees before doing transactions. Fees can be reduce by playing faucet or from profit but I think wasting time and money. The alternative is use coin with low fees but low volume make us must waiting again to execute.

[kapalmabur]

each exchange has its own conditions for withdrawal fees. and will be different for each coin. I see expensive fees for withdrawals on hitBTC, and HotBit. even at HitBTC, I have to pay a fee of 10USDT for withdrawals (USDT withdrawals), on hotBit I have to finance 0.001BTC for withdrawals.

policies on all exchanges are very different, if you want a cheap fee maybe you can try it in a jubilee, as far as I know there, because Binannce, Kucoin, Hitbtc and Hotbit deposit and withdrawal fees are quite expensive in my opinion

[mrdeposit]

How many exchanges you know of that have too high withdrawal fee?

I never thought about the most since we always take care of exchanges that charge the least fee. However, ordinary exchanges charge 0.0005 BTC fee.

I was forces to exchange my bitcoin for litecoin before getting my coins out

You did the most logical way. I also try xlm, doge and ltc to pay less.

[spike420211]

By and large, all withdrawals in Bitcoin are the most expensive, due to the large commissions on transactions.
Especially on the above-mentioned exchange, which in itself is rather greedy in that it concerns commission fees. Use another asset to transfer your Bitcoins, for example, LTC.

[coin_1122]

each exchange has its own conditions for withdrawal fees. and will be different for each coin. I see expensive fees for withdrawals on hitBTC, and HotBit. even at HitBTC, I have to pay a fee of 10USDT for withdrawals (USDT withdrawals), on hotBit I have to finance 0.001BTC for withdrawals.

policies on all exchanges are very different, if you want a cheap fee maybe you can try it in a jubilee, as far as I know there, because Binannce, Kucoin, Hitbtc and Hotbit deposit and withdrawal fees are quite expensive in my opinion

Don't consider only about the fee because we should also consider their activity during the tickets we raised, the above-mentioned exchanges Binance, Kucoin are expensive, but their support system is very accurate and that's why many people will show interest towards these exchanges.

[brightemo]

I thought that people is not doing withdrawal often, so this amount is not huge

[pikkie]

yes some do provide transaction costs and shipping costs are very high but you should know that these fees are sometimes used to speed up shipping as growing blockchain transactions increase making shipping costs more expensive and that includes the cost of the place of exchange so that the place of exchange can developed into a good place of exchange.

[alyssa85]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

In my experience (having been in the cryptocurrency space since 2013), when an exchange raises it's withdrawal fees, it does so to deter people from withdrawals. Why are they doing this? Usually because they've lost coins.

We saw this with Cryptsy, Vircurex and many others. They didn't tell people they lost coins, they just raised withdrawal fees to try to deter withdrawals and hoped to make up the losses through trading fees.

So my advice here is that this is a red flag, take your coins out and use an exchange with lower wit5hdrawal fees.

[Mumbeeptind1963]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

Usually ,exchanges has a large amount of fee when we transfer or withdrawing btc. That is why I am converting my bitcoin funds to xrp, for example in yobit the fee is around .5xrp if Im not mistaken, with this one , I would not be charge and deducted to much , especially that I only earn money thru this bitcoin campaign I dont want to lessen my money.

[tippytoes]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out  

In my experience (having been in the cryptocurrency space since 2013), when an exchange raises it's withdrawal fees, it does so to deter people from withdrawals. Why are they doing this? Usually because they've lost coins.

We saw this with Cryptsy, Vircurex and many others. They didn't tell people they lost coins, they just raised withdrawal fees to try to deter withdrawals and hoped to make up the losses through trading fees.

So my advice here is that this is a red flag, take your coins out and use an exchange with lower wit5hdrawal fees.

But there is one way to go around with high btc withdrawal fees, one way is to change it to another altcoin like doge and send it exchanges with lower btc withdrawal fees. If an exchange is charging 100-150k satoshis, sometimes simple exchange it to other alts will save you few bucks. However, it doesn't work all the time especially if the price of the alt to your target transfer exchange is lower, so you will sell it at a loss and will end up at loss. So you need to assess the overall fees if it is really worth transferring or not or just pay for their required fees. It is not that they do deter people from withdrawals but this is a nice generating income on their end.

[wingfield_crypto]

      The exchanges are different in terms of the withdrawal fee. There are more unknown exchanges that charge lower withdrawal fees, but also exchanges that have a higher fee, but these are safer and more known. When I want to make a withdrawal, I exchange BTC in Doge and then make the withdrawal. Doge is always the crypto savior. There is a high withdrawal fee on the DCoin exchange. Better use Binance because the withdrawal fee is only half the Dcoin price.

[distr@yopmail.com]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

Usually ,exchanges has a large amount of fee when we transfer or withdrawing btc. That is why I am converting my bitcoin funds to xrp, for example in yobit the fee is around .5xrp if Im not mistaken, with this one , I would not be charge and deducted to much , especially that I only earn money thru this bitcoin campaign I dont want to lessen my money.

almost all exchanges have high BTC transfer fees. most traders would already know this and usually, they are interested in USDT or doge that I usually do. It is a little complicated but it reduces the transfer costs we incur and I or maybe almost all traders do it.

[isaac_clarke22]

When ETH withdrawal fee tends to get high, I just keep it in my MEW most of the time and just throw in the amount that I'll trade and buy for other coins. Good thing that the online wallet I use already supports ETH wallet, so I don't have to exchange it to BTC using Shapeshift. Back then, BTC withdrawal fee for me was like x2 of the amount I tend to withdraw or cash out.

[Ridwan.P]

Based on my personal data, coinbene also like that, requires 0.001 btc for withdrawal fees. Even kucoin requires 5 USDT for a withdrawal fee. All exchanges require different withdrawal fees. And it is intended for transaction speed.

[Fatunad]

Based on my personal data, coinbene also like that, requires 0.001 btc for withdrawal fees. Even kucoin requires 5 USDT for a withdrawal fee. All exchanges require different withdrawal fees. And it is intended for transaction speed.

Thats how exchangers are different from each other and withdrawal fees will be one of the important edge from one exchanger to another. As you notice top exchangers usually has low transaction or withdrawal fees also had fast transaction speed depends on the network used. Usually withdrawal fees for btc is high but you can always choose to trade it first with other alt.

[Doranile432]

I thought that people is not doing withdrawal often, so this amount is not huge

That's like 8$ per a single amount withdrawal, just imagine if all you want to withdraw is just 20$ worth of bitcoin how would you feel? Those that have over 200$ worth of bitcoin might not worry about the fee but what about small traders? On the exchange bitcoin has the highest volume which means people are using bitcoin to trade more than other coins

[stephanirain]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

A lot of exchangers have high fees especially if it is bitcoin that you wishes to withdraw. Some fees depends on how popular the cryptocurrency is. While in some, the fees are doubtfully cheap that they might be scam. The best way to withdraw in my experience is to convert first the bitcoin into some altcoins then I will withdraw that altcoin. It is relatively cheaper in fees.

[Jaywon55]

In the crypto market, you need to make constant research, why trade on high fee exchanges when there is/are exchanges that off zero-fee trading?
I trade on BBOD and i don't have to complain of fees or high fees

[makolz26]

In the crypto market, you need to make constant research, why trade on high fee exchanges when there is/are exchanges that off zero-fee trading?
I trade on BBOD and i don't have to complain of fees or high fees

Yes, not just because you are in need of money then you will just withdraw your fund in a exchange you are already registered, better to compare first, especially if you are exchanging too high amount of your coins/tokens. Let's not make them money those exchange who are taking advantage by giving charging too much fees, for now I love Binance and BitForex.

[btcto200k]

I have been trading on Bitmex, Binance, Huobi, WazirX, Okex, Bitfinex, etc. I have also been waiting for Digitex to launch for quite some time. I really wanted to check out zero fee trading on their platform. BBOD came into my radar recently. It is fairly new, but its quite smooth tbh.

Pros-
1. Zero fee trading
2. personal custody, so exchange could be provably solvent
3. leveraged alts (yay for me, nay for some)
4. Quick support and new features deployed every now and then

Cons-
1. Liquidity (this will get better as more traders and market makers come in)
2. New features deployed often lead to bugs sometimes
3. BBD token price is not stable. (but a great fundamental buy)

[jcpone]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

In yobit they charge 0.0012BTC for every withdrawal transaction, but you have other options to avoid it in obit which is you can from bitcoin you can buy XRP or Ethereum to use it for withdrawal so that you can get a small amount of charge for that things. By the way what platform exchange anyway that charging 5000 satoshi only.

[MI6]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

As long i don't have problem with the site, i will ok with it. Maintain exchange need money, if we already satisfied with the site, why only because withdrawal fee make that exchanges look bad. I think 0,001 BTC still normal amount of money.

[funnycoin]

I remember when Bitcoin price was much lower, many exchanges were only charging 0.0001 BTC for each Bitcoin withdrawal.

Now Bitcoin price is much higher, but many exchanges are charging even more withdrawal fees. Crazy!

[tungaqhd]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

0.001 BTC is a pretty high for Bitcoin withdrawal, but how about the transaction speed? I think 0.00005 BTC is too low so the transaction will be confirmed very slow, 0.0002-0.0005 BTC is reasonable.

[MINISTR_E]

High fees are usually for withdrawing fiat funds from the exchange. Depending on the payment system, the exchange takes from 1% and higher, reaches 7%, bank transfers are usually even higher. For withdrawal to cryptocurrency wallets, a network commission is charged with a certain margin, for example, it usually costs from 0.005 ETH to withdraw ether.

[DonFacundo]

Yea some exchanges charges high fees, but if you withdraw your bitcoin then expect the high fees of it. I remember HitBTC is the highest withdrawal fee I ever used, it is totally insane not really recommended.

[Marble777]

That is why there is a thing called altcoin, an alternative coin that you can use beside Bitcoin. I rarely use Bitcoin to make a transaction because it takes a lot of time and requires a higher fee compared to Dogecoin or other altcoins.
I do not know there is an exchange that charges you 0.00005BTC for the withdrawal transaction fee? what exchange is that?

generally btc withdrawals are around 0,0004 BTC - 0,0006 BTC on some exchanges, but the OP said that the OP was surprised when using the DCOIN exchange and wanted 0.001 for every bitcoin withdrawal that the OP wanted to make. and this is the importance of altcoins like DOGE or LTC at a low cost that can help make withdrawals through them.

[Vishnu.Reang]

Yea some exchanges charges high fees, but if you withdraw your bitcoin then expect the high fees of it. I remember HitBTC is the highest withdrawal fee I ever used, it is totally insane not really recommended.

Well.. I have an account with that exchange and I would agree. I created the account, because HitBTC was the only exchange which would allow me to trade some of the tokens which I received from bounty campaigns. Their withdrawal fee changes slightly from time to time, depending on the network congestion. The last time I checked, it was BTC0.0015 per transaction.

[Kersh768]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

Different exchanges have also different withdrawal fees as well as into transaction fees to be able to complete the process needed to confirm the transaction you want to make your asset be released from any exchange into your personal crypto wallet you have provided. Not all exchanges have expensive withdrawal fees but most do have which I think also depends on the type of exchange which specially those exchanges that are well-known will surely have high rates of transaction fee. Also, the transaction fee depends on the volatility of the cryptocurrency as far as I can remember. You if you do want to withdraw your asset, be sure to roam around and explore the whole exchange before transferring your asset desired for trading. Assure that once that asset was sold, it can acquire the needed minimum amount withdrawal because it will be non sense once the amount you have sold does not meet up that limit needed to be able to withdraw your asset.

[Mdmaruft]

There are many exchange wants high withdraw fee. Not for every coin,  i saw everywhere bitcoin withdraw fee 0.001 or 0.0005 btc. You can convert Ethereum or litecoin,  litecoin withdraw fee too low.

[onyek16M]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

exactly. it was happen in long time ago, additional that bitcoin increase price the fees will also increase and happen in almost all exchange especially famous exchange it will has high fees for every transactions. like you said to minimize the charges you can convert your bitcoin to Litecoin or Dash coins. with this way you can save more bitcoin

[ReiMomo]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

As a reply above was right if you wanted to withdraw this for the safest way you can withdraw using switching into other coins like Ethereum that has a very low fee. And then, once you have been transferred to the exchange that you desire to use because of low fees will be fine.
Try to research because there are many websites that tell of comparison between those crypto exchanges.

Just like this if you want a reference, https://bitcointalk.org/index.php?topic=5079048. Good luck!

[#Darren]

Fees are very individual by each exchange. If you have some money on Dcoin, just convert BTC into another crypto like ETH or LTC. Firstly, it will solve the problem of high fees, and secondly you will get your money much faster.

[hahay]

Fees are very individual by each exchange. If you have some money on Dcoin, just convert BTC into another crypto like ETH or LTC. Firstly, it will solve the problem of high fees, and secondly you will get your money much faster.

About this, of course I would prefer LTC because clearly, LTC has an even lower cost than the others if we talk about the costs incurred for a famous coin in the cryptocurrency market. Indeed, we cannot make an exchange for storage because it has a very high risk, but at the same time we must be clever to manage expenses in this case is about the withdrawal fees that we might do every few days to finally end up storing on a wallet or even immediately cashed it.

[letyouearn]

Yeah, true story, I was shocked too when faced these problems last year. There was a useful topic somewhere here, on the forum, where people made a spreadsheet to track optimal ways of withdrawing coins from the exchanges.

[Roidz]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

Almost all exchanges have fees and minimum limits in withdrawals for their users, and of course as users we must be observant in choosing altcoin which is good for to withdraw from the exchange and one of them is by choosing altcoin which indeed only deducts a small fee as transaction costs, my advice is better to choose altcoin withdrawal from the exchange by using altcoin which does have a cheap price on the exchange because usually the altcoin fee will not be too expensive, I often make withdrawals using ltc, trx, and eth coins in certain exchanges.

[thesmallgod]

It is a fair charges. Apart from binance that charge 0.0005 btc most other exchange charge 0.001 but you can convert ur coin to other coin with cheaper fee such as the litcoin

[cytpoway121]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

I have not heard never used dcoin actually, but i have known hitbtc to always have high withdraw limits.
Its unfair, but then it makes it easy.

All you need to do is convert your earnings to xlm whenever you use an exchange with high withdraw charges, then you go swap it on blockchain, or an exchange that charges less fee.

Then, be sure to careful while sending out tokens, always check your clipboard.

[reza7777]

Well.. I have an account with that exchange and I would agree. I created the account, because HitBTC was the only exchange which would allow me to trade some of the tokens which I received from bounty campaigns. Their withdrawal fee changes slightly from time to time, depending on the network congestion. The last time I checked, it was BTC0.0015 per transaction.

wow it turns out they are now more expensive, I never trade there again because I previously had problems there and after I sent support they didn't answer
My opinion exchanging with altcoin is an alternative to minimize fees

[oktana]

there is no other way, you do have to use altcoin at a cheaper fees, I often use XRP for this purpose.

I researched several exchanges with high withdrawal fees, on average they were second class exchanges. I mean beyond popular exchanges such as binance, huobi etc. I think they deliberately set a high fee to help maintain the sustainability of their system funding.

[davidroux]

It is a fair charges. Apart from binance that charge 0.0005 btc most other exchange charge 0.001 but you can convert ur coin to other coin with cheaper fee such as the litcoin

I regularly use Litecoin to withdraw money because this coin has the lowest fees at the Binance exchange and this reason makes me use this exchange more recently. In addition, you can use USDT-TRC20 for a fee of 0 and this is the stable coin you will definitely use to withdraw the most money in the near future. Of course, it depends on your decision because for me Binance has the cheapest fee.

[setialovers]

How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out 

It seems that withdrawal fees of that size only occur in some exchangers because at this time many exchangers reduce their withdrawal fees by half. Withdrawal fee of that amount is still fairly normal because there are some exchangers who charge a bigger fee. It's better to trade at large exchangers because their fees are cheaper

[angrynerd88]

Yes this is a issue all traders and crypto investors face,This is because there are limited real exchanges and people join because no alternative.Still some charging less but mostly people dont believe in new exchanges till capture the eye of traders globally.Currently Yobit is doing well will give tough time to other leading exchanges.Actually competition is good advantage of a common user when competition rises the the price reduces and other offers also beneficial for the users.

[Rcoinmoon]

Exactly alot of exchange are charging over $25 for withdrawal and its very wrong while others charge less than $1 I mean this is so inhuman.

[Duzter]

Exactly alot of exchange are charging over $25 for withdrawal and its very wrong while others charge less than $1 I mean this is so inhuman.

Most of time this exchange charges looks to be high when one makes small fund withdrawal and deposits. In common most exchanges have got average trading fee. There are certain exchanges that doesn't have fee for trading, bit those exchanges doesn't have good trading volume. Good is to go through the exchange with average transaction fee and good trading volume.

[Sassee]

When making withdrawals from exchanges, I avoid BTC at all cost. It is usually above $8 by default.

[Silberman]

It's the first time I am hearing this exchange and they are probably not that good especially when their withdrawal fee is that high, they are almost charging you around 9$ just to make a withdrawal from them and I call that a robbery even if you are trading thousands of dollars or more with their platform. Comparing them to Binance which they currently have 0.0005BTC as a withdrawal fee for Bitcoin their prices are really high which is double compared to Binance. Really the only way on how you will mitigate this is to trade with a large capital big enough that it can justify the withdrawal fee. Also hodling it inside an exchange isn't advisable or an option if you are just avoiding the withdrawal fee, you'll just be risking your money if you continue to hold it their.

That is what they want you to think and then you make a big deposit in the exchange so you can justify the huge withdrawal fee and then when you want to withdraw your money you discover that your account is under review and that you cannot get your money out of the exchange in an easy way, either way you lose and they know it, it is better to use an exchange with a good reputation and a low fee than one of those exchanges that charges such a high fee.

[pacman7331]

Yes, some exchange has really very high withdrawal fee. I faced the same situation in Yobit exchange! Withdrawal fee is 12$ there! I was shocked that how can an exchange can ask this high fee! Then I converted my bitcoin into Ethereum and I was surprised that Ethereum withdrawal fee was very low, only 0.005 ETH!