You can lose transfering and withdrawing

[thesmallgod]

I do not know where you are from but if the reason why you want to trade the FRM is to be able to get it out and sell for your local fiat currency, then maybe you can try my method because I have been in your shoe before. You will spend less on fee. Firstly MEW transaction fee varies depending on the congestion of the blockchain so you might wait a bit when it is less congested. When you transfer to exchange, trade your wallet for USDT and finally convert to TRX. withdrawal fee for TRX is very low. Just 1TRX. Go to https://www.bestchange.com/ and select TRX and an ecurrency that can be sold locally in your country. For me, I always exchange TRX for Perfect money. You will see list of exchangers that offer the services. Just click on any of your choice and make the transaction

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[coinswebid]

You can lose profit sending trading and withdrawing if you are trading a small amount I have $50 worth of Ferum or FRM it will take $6 to send the whole amount to Bilaxy and after you trade it to Eth and wants to withdraw it you will have to spend $12 to withdraw your Eth,
now that's $18 gas fees for your $50, my only option is to trade it to other altcoins like DGB or Litecoin which offer $4 to $5 fee you still going to lose $11, that's over 20%.

withdraw or transfer your assets in trx or doge my friend
so, you will not spend a lot of money to doing that, for example there is no fees if you withdraw or transfer your USDT assets in TRC20

[tycsols]

You can lose profit sending trading and withdrawing if you are trading a small amount I have $50 worth of Ferum or FRM it will take $6 to send the whole amount to Bilaxy and after you trade it to Eth and wants to withdraw it you will have to spend $12 to withdraw your Eth,
now that's $18 gas fees for your $50, my only option is to trade it to other altcoins like DGB or Litecoin which offer $4 to $5 fee you still going to lose $11, that's over 20%.

You should be converting your coins to cheap transaction coins or stablecoins like usdt, usdc based on networks other than eth so basically im using tron based usdt for transactions and payments and it really is cheap.

[kindbtc]

You can lose profit sending trading and withdrawing if you are trading a small amount I have $50 worth of Ferum or FRM it will take $6 to send the whole amount to Bilaxy and after you trade it to Eth and wants to withdraw it you will have to spend $12 to withdraw your Eth,
now that's $18 gas fees for your $50, my only option is to trade it to other altcoins like DGB or Litecoin which offer $4 to $5 fee you still going to lose $11, that's over 20%.

This is unfortunately true and there is nothing much we can do about it. The only hope is the implementation and activation of the eth 2.0 that will make the network fast and cheap but for that we still have to wait for few months.

[MCobian]

Therefore I will leave the coins in a wallet or exchanges, wait for the coins price to go up or wait for the transaction fees to go down. Indeed,
the risk of transactions with small amounts will run out, because the transfer and withdrawing fees are quite high. Moreover, Ethereum transaction
fees are high these days. So in the meantime I have never made withdrawals using Ethereum, but I first converted it into other coins which did
have a cheaper transaction fee. Then choosing exchanges is also important, look for exchanges that do have low transaction costs.

[doctor877]

These scenario has made alot of people unable to withdraw their tokens because of this u calculated high fees for deposit and withdrawal oke good thing is to use an alternative blockchain that offer low transaction fee like tron Usdt, doge, litecoin. If you use these, your loses will be minimal.

[seleme]

You can lose profit sending trading and withdrawing if you are trading a small amount I have $50 worth of Ferum or FRM it will take $6 to send the whole amount to Bilaxy and after you trade it to Eth and wants to withdraw it you will have to spend $12 to withdraw your Eth,
now that's $18 gas fees for your $50, my only option is to trade it to other altcoins like DGB or Litecoin which offer $4 to $5 fee you still going to lose $11, that's over 20%.

So just be smart and use the best possible option and share your best knowledge/experience with the rest of the crypto community. The minimum withdrawal fees vary depending on the website, the best choice is to use either XRP or LTC for faster, cheaper transactions on both way. Using BTC or token will be costly and you will lose more in the long term.

[tippytoes]

1. ETH gas fee is always changing. although it is basically high enough these days, there is a certain time that ETH gas fee is quite low, only around 2$ and you can check it before transferring your token. remember, you need also to check whether you choose the speed of the transaction. higher speed will make a higher fee.

2. You need to compare the exchange to sell FRM.
You can find several exchanges to trade Ferrum, check it here https://coinmarketcap.com/currencies/ferrum-network/markets/
You can compare the trading fee and also withdrawal fees of each exchange.

3. If you feel that the fee of ETH withdrawal is high enough from an exchange to your local exchange, better to convert it to other coins or tokens that have a low fee. they are likely XLM or using USDT with TRC20 network if available.

That's very right! You can always check the eth network before sending your token or eth. Actually, you can even set it to slow (which sometimes will be below $2), done this the other day, and still it went thru fast. Those tips above are actually not new for regular traders. It is how you strategize your transfer and trading, to incur minimal fee as much as possible. And in terms of transferring from one exchange to another, choose a relatively stable coin with less fees like LTC or DOGE. Most exchanges have this trading pair. If you are really a newbie in crypto trading, you will lose a lot if you are not careful with your steps.

[blockman]

You can lose profit sending trading and withdrawing if you are trading a small amount I have $50 worth of Ferum or FRM it will take $6 to send the whole amount to Bilaxy and after you trade it to Eth and wants to withdraw it you will have to spend $12 to withdraw your Eth,
now that's $18 gas fees for your $50, my only option is to trade it to other altcoins like DGB or Litecoin which offer $4 to $5 fee you still going to lose $11, that's over 20%.

Choose the option that saves you from fees since you're likely to cash it out from crypto and taking it to your bank account. It's not wise to choose Ethereum this time as a means of transfer because we're all aware of the fees but we have no problem with the transaction time because it seems still reliable but not quicker than before. You have the other choice to make the transfer pay fewer fees and that's why traders are adaptable based on the situation that we're facing if fees for ETH or any other altcoin went higher.

[ReiMomo]

You can lose profit sending trading and withdrawing if you are trading a small amount I have $50 worth of Ferum or FRM it will take $6 to send the whole amount to Bilaxy and after you trade it to Eth and wants to withdraw it you will have to spend $12 to withdraw your Eth,
now that's $18 gas fees for your $50, my only option is to trade it to other altcoins like DGB or Litecoin which offer $4 to $5 fee you still going to lose $11, that's over 20%.

That is the fact that we must accept, or jits better to hold for a while on your wallet. I have altcoins on my wallet that worth $10 or $15, but I let them sleep on my wallet because I know this is worth nothing and we have terrible fees of ETH as a gas when we are making transactions.

If you really need it to sell, try to calculate your net profit if you are going to sell your altcoin, less minus the overall fees. So that you will know how much will be left on you. Just like what happened to me last month, I sell a token worth $240 but my net profit was $200 something, it almost a $40 deduction including the withdrawal fee from the exchange. At this point, trade your altcoins to the coin that has a lower fee on withdrawal. Just like XRP.

[Congyang]

You can lose profit sending trading and withdrawing if you are trading a small amount I have $50 worth of Ferum or FRM it will take $6 to send the whole amount to Bilaxy and after you trade it to Eth and wants to withdraw it you will have to spend $12 to withdraw your Eth,
now that's $18 gas fees for your $50, my only option is to trade it to other altcoins like DGB or Litecoin which offer $4 to $5 fee you still going to lose $11, that's over 20%.

I feel the transaction fee for now is very large. This is obviously very detrimental to small investors because they have minimal assets and will be used up to pay fees. I still hope that the fee will be able to go down in the future so that it can provide low fees and not bother small investors

[crzy]

That’s why you have to save more profit first before you withdrew it or you can just wait for the market to calm down and withdraw your money since every time the market pumps, the fees pumps as well. Small trader are spending more money on the fees right now, just be patience and continue to make profit, don’t withdraw yet.

[nykka]

This is the main problem of the most popular blockchains and coins, because almost all of them have very high fees. I prefer to transfer small amounts in LTC or TRX, because these coins have acceptable fees. It`s also one of the reasons, why I promote such projects as Elrond, Solana or Avalanche, because I believe these blockchains can easily solve the question of the scalability and high fees

[shinratensei_]

This is the main problem of the most popular blockchains and coins, because almost all of them have very high fees. I prefer to transfer small amounts in LTC or TRX, because these coins have acceptable fees. It`s also one of the reasons, why I promote such projects as Elrond, Solana or Avalanche, because I believe these blockchains can easily solve the question of the scalability and high fees

They are not scalable like the new platforms that already implemented the scalability solution to fix that problem. As far as i know, the new platforms were also taking the problem that already faced by the old platforms as a way to develop the new platforms with better scalability.
That means if they are not creating genuine innovation but they are only trying to fix the old problem that's still faced by the old platform.

[Dr.Osh]

well, we can't avoid the high fees from each exchange. one way to reduce fees is to use 1 exchange, or use another token that has an inexpensive fee, such as TRX, or other coins. I still do this to reduce the fees that exist in each market.

[coin-investor]

well, we can't avoid the high fees from each exchange. one way to reduce fees is to use 1 exchange, or use another token that has an inexpensive fee, such as TRX, or other coins. I still do this to reduce the fees that exist in each market.

I encounter this many times I have a lot of tokens that need Ethereum to transact, I tried to purchase on my local exchange and they are charging me $30 to transfer to another Ethereum wallet and it's only $100 eth so I can use it to gas my transaction, my only hope is to withdraw from one gambling site I'm working on whereas the fee is not that expensive.

[nancy]

Dont trade small amount, thats simple. Trading is not for deposits below 100 usd

[FireBallex]

Before using any exchange first open account and play through their altcoins to check what they will be charging for withdrawal, if it's too high you can find another exchange and if the token you want to sell or trade is only available on that exchange when trade and withdraw with coins that have massive max supply like Doge coin or Tron,

[7788bitcoin]

Exchanges are also killin ETH by hiking the fees. They want to make times two of what miners make. They add miners fees to traders who are withdrawing. When you send from your wallet to exchanges the fees is not that much. Take a close look at withdrawal fees and you will understand what am saying here.

If you look at the withdrawal charges in all the exchanges they charge much higher charges in every coin, the only difference is that some of the exchanges gives a much lower fees for their native coin, especially Binance withdrawal for BNB is much lower but the rest of the coins if you are trading for small amounts then you are not going to get the profit you are looking for.

[cytpoway121]

You can lose profit sending trading and withdrawing if you are trading a small amount I have $50 worth of Ferum or FRM it will take $6 to send the whole amount to Bilaxy and after you trade it to Eth and wants to withdraw it you will have to spend $12 to withdraw your Eth,
now that's $18 gas fees for your $50, my only option is to trade it to other altcoins like DGB or Litecoin which offer $4 to $5 fee you still going to lose $11, that's over 20%.

Yes you can lose funds while trying to send out and withdraw; but also you can be smart about it; and to be smart about it you need to be friends with ethgasstations, and check up gwei prices until you have a cheap gwei and cheap gas fee to send out your token (you can still send out with 2$ in this bull run, if you are patient). Also, while withdrawing your funds from an exchange platform, normalize focusing on xlm, or the tron blockchain; with trc20 usdt or tron token; you can withdraw from exchanges for as low as 1$. Always do your research.