Some exchanges charges are too high

[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