The withdrawal fees were changed from 0 to 0.2 a month ago for the withdrawal of USDT as TRC20. I went with withdrawing some USDT from binance to Kucoin to buy some velo but the withdrawal fees taken were $1. It's absurd how much binance is charging for withdrawal when the fees from blockchain are most probably free for binance as they are super representative on tron blockchain.
I use binance for it's cheaper transaction fees but these these unnecessary withdrawal fees are going to be a push factor as newer exchanges too are coming with aggressive promotions.
Fees has been the problem that everyone has been facing through out this year ever since the bullish ride started, and I don’t think this bullish ride will end soon and that’s the same thing with exchanges and most of them will be adjusting based on the situation at hand so that they will be able to cope with whatever that is happening. It’s really not easy but I know for sure that they are going to be able to fix al these things soon when things starts getting better and better, it’s all with time.
Binance want more and more money, as usual. And they want to push you to use BUSD
Eehm… that’s another angle or thought of what’s happening lol, we are not sure if that’s really the reason why they have increased their fees, but before all that they already have some perks that will convince whoever that wants to make use of their BUSD or whatever token they have.