Looking to trade the usdt market

[rsarkar]

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?

[LbtalkL]

How about withdraw it using other currency and send it to other exchange and trade it back to usdt in that process for sure you the withdrawal fee will not exceed $1. I have been using XRP, TRX, DOGE across different exchanges to minimize the fee. But if you are withdrawing to your wallet not an exchange you need to deal with the fees.

[cytpoway121]

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 ?

[akhjob]

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?

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.

[khiholangkang]

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?

Fee for trading or fees for withdrawals do you mean?
If you are looking for a cheap withdrawal fee for USDT I recommend Binance because the fee is only 0.35 USDT for each withdrawal, and the trading fees are also quite cheap there

[sujonali1819]

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

[Kaliecious]

I suggest you to exchange your USDT to altcoin with low withdrawal fees such as XLM XRP or others so that the profit will be even greater.
but usually exchange only costs $ 1-5 per withdrawal. at binance the withdrawal fee of USDT Tron is free and ETH is only $ 3

[enhu]

USDT is what he wants to withdraw. There are many reasons why someone would wants to withdraw USDT but whatever that is there is always withdrawal.

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?

Fee for trading or fees for withdrawals do you mean?
If you are looking for a cheap withdrawal fee for USDT I recommend Binance because the fee is only 0.35 USDT for each withdrawal, and the trading fees are also quite cheap there

0.35 USDT for a withdrawal thats sweet. That just mean OP is in the wrong exchange. Never tried withdrawing USDT myself, I kept it on exchange coz I got so much trust to them but I eventually buy it for BTC whenever I wanna withdraw becuase its the only way I can cash out.

[thiscomm]

in my opinion you can visit every exchanger, even though the exchanger has a bad transaction history and has experienced hacking. most importantly they have a cheap fee for each exchange. one example is probit and yobit, you can visit it to see if the exchange fees there are cheaper than large exchangers. but I remind you not to store assets too long there, as soon as you send the results of the exchange to your wallet address.

[nreal]

The cost of $ 10 for a single withdrawal is too high, you can use Binance exchange, if you withdraw USDT through the ETH network, the cost is less than $ 1 and the TRX network is even cheaper.

[litepool.ru]

I haven't seen any exchange like you described, I only use Binance exchange and its USDT withdrawal fee is only $ 1 and even lower than that. I recommend using top exchanges in this market because its withdrawal fee is much cheaper and much safer than small exchanges.

[Kupid002]

How about withdraw it using other currency and send it to other exchange and trade it back to usdt in that process for sure you the withdrawal fee will not exceed $1. I have been using XRP, TRX, DOGE across different exchanges to minimize the fee. But if you are withdrawing to your wallet not an exchange you need to deal with the fees.

He is looking for stable coin to widraw and alternative crypto currency will not be the right things for him . Since he is more affraid in price volatility and other altcoin is also affected .
he is looking for exchange with low transaction fees for stable coins not  low widrawal fees in a coins.


I am searching for exchange comparison for USDT but i  never found any article can help you with this im sorry.

[shaheer001]

If you want to trade the UST due to fee then use XRP, Doge, Neo, TRX as these are very low fee during withdrawal.send to other exchange there again exchange with your wanted coin/token.

[nutriagrigia]

Now many exchanges have lowered their withdrawal fees. Binance now charges 0.005 BTC for withdrawal. if we think about how much it will costs in usdt than it will constantly changing. but I don’t know a single exchange that would not take fees for withdrawing money

[betty11]

Why should you withdraw with USDT as high as 10USDT when you can conviniently make withdrawals in XLM, BCH, and other cheap coins even doge coin. What you should do is that when you need USDT, you can withdraw cheap coin to Binance and covert to USDT, you don't need KYC for 2BTC/day.

[Danslip]

If the theme is about the perpetual contract BTC trading pairs, I suggest looking to Buybit. If you trade normally for daily swings, better to use the above listed well-known crypto exchanges. Never withdraw the USDT directly, the cost is high. Convert to another altcoins and swap after withdrawal.

[kingzpro]

Thousands of people daily trade usdt and if you are complaining of high withdrawal fee that your exchange charges then you should look around there are dozens of exchanges and you will find one with low fee, i am trading at binance only nowadays and their fee is always reasonable to withdraw.

[flagpara]

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?

Top exchange always has high withdraw fee but low volume exchange has low withdraw fee. For low money KYC doesn't need to withdraw your money. You can use some wallet to swap your money to USDT or others stablecoin. Trader don't invest huge in one coin, so can withdraw your money from any exchange but 0.00002-.00003 money is very transaction.

[Little Mouse]

$10 withdrawal fee on which exchange? Even Bitcoin never had that high withdrawal fee in the peak. Can you share which exchange you are talking? Different exchanges have different fees but why $10 is very high. Try other exchange.

[irixo10]

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?

This varies with exchanges but really such amount for withdrawal is too much and I wouldn't try it. If your funds are on the exchange already, I think the best thing to do is to sell to other altcoins like XRP etc and withdraw in order to minimize the fee. Now for an exchange with low withdrawal fee for USDT, Binance seems good as the withdrawal fee is currently less than 1usdt which is far better than that exchange.