Looking to trade the usdt market

[rsarkar]

I have searched on the internet and find information about withdrawal fees in one place. Just visit https://www.cryptofeesaver.com/exchanges/fees and here you will find some exchanges withdrawal fee information. You can choose one of them. Good Luck

Thank you for posting but this is what I see in there; They have listed the withdrawal fees as %, I have never seen this in any exchanges also the information about withdrawal fees is wrong.

Which exchange are you talking about? I remember you from the Indian Board so are you talking about WazirX and some other Indian exchanges which charged around 10 USDT until March 30th? If so the withdrawal of USDT has been reduced to 0-1.5 USDT as per this article
So if you are planning to trade, Binance is better to trade when compared to Indian Exchanges. Since WazirX has been directly integrated with Binance, you can move your USDT directly to Binance with 0 fees.

This post provides substantial information about the exchanges charging 10usdt fee for withdrawals. The funny part is that they have only reduced the usdt fee after community notice keeping the fees for other stablecoins same as before.

Its not bad if you want to trade the usdt market, but what market are you looking to trade it with?
Is it with btc pair or eth pair ? and are you sure about making profits from doing that in times like this ?

It is already mentioned that I trade in the bitcoins markets.

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[bgaf]

Like everybody suggestion. Why force to withdraw on USDT if this gonna cost you a lot. $10 is a huge money, for me and I will find a way to have a very minimum fee for my trading cause this isnt worth it especially if your gonna withdraw only few bucks on your bank account or any remittance. If I were you, I will use coins such as xlm, doge or xrp for withdrawal cause these are the ones that have a very small fees. Bitcoin and ethereum are both convenienr but as time pass by their fees going up especially on most centralized exchanges.

[akhjob]

Which exchange are you talking about? I remember you from the Indian Board so are you talking about WazirX and some other Indian exchanges which charged around 10 USDT until March 30th? If so the withdrawal of USDT has been reduced to 0-1.5 USDT as per this article
So if you are planning to trade, Binance is better to trade when compared to Indian Exchanges. Since WazirX has been directly integrated with Binance, you can move your USDT directly to Binance with 0 fees.

This post provides substantial information about the exchanges charging 10usdt fee for withdrawals. The funny part is that they have only reduced the usdt fee after community notice keeping the fees for other stablecoins same as before.

Haven't traded in WazirX recently, so I don't know if your claim is true and they are still charging 10 USDT as fee. But if you are looking to trade at BTC markets, as I have suggested above, buy Bitcoins or USDT or whatever from WazirX link it with your Binance account. You can transfer your between these exchanges with zero fees. Binance has a reasonable withdrawal fees when compared to other Crypto exchanges

[aemma]

Hi community members,
I have been an active trader of the bitcoin markets for couple of years. Now I want to enter the usdt markets. So basically I'm used to 0.00002-.00003 max withdrawal fee from most exchanges but i see usdt exchanges charge somewhat around 10usdt for withdrawal which Imo is very high to someone who is used to the buy sell Btc on low fee exchanges without many kyc verifications. Could someone point me to such low fee exchanges dealing in usdt?

That exchange is not friendly to be frank, 10usdt for withdrawal charges is too much and will only drive users away. And just like everyone keeps suggesting, visit Binance for it, the withdrawal fee is not upto 1usdt that is, less than 1usdt which is really a fair deal. Lastly, when met in a crossroad or faced with a situation like this one, selling to other coins with lower withdrawal fee is a good idea.

[isaac_clarke22]

I don't really advise you to tread too far in exchanges as some of those might end up listing shitcoins as well as faked trading volume.
What exchange are you trying to point that charges 10 USDT in withdrawal by the way? I still haven't heard exchanges having that rate so far.
If there's anything I can recommend to you, it would be just Binance, OP.

[Danslip]

I don't really advise you to tread too far in exchanges as some of those might end up listing shitcoins as well as faked trading volume.
What exchange are you trying to point that charges 10 USDT in withdrawal by the way? I still haven't heard exchanges having that rate so far.
If there's anything I can recommend to you, it would be just Binance, OP.

Because you only have heard about the big brands and the OP talks about the small exchanges. Shitcoins and fake trading data is the primary part of small exchanges, using these tools will bring more investors or traders to the platform due the lack of the alternative options.