bi7 (OP)
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March 05, 2022, 05:12:23 AM |
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For a quick transfer of funds between my bots, I collect information about which exchanges are the fastest for withdrawing alt-coins, mostly BTC and XMR. Please share your experience.
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mk4
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March 05, 2022, 05:34:23 AM |
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Based on my experience, FTX and Kucoin have been the fastest, with the slowest being Binance. The speed difference isn't that substantial though, and the withdrawal speed of these exchanges(the time it takes before the withdrawal becomes confirmed off-chain) can vary from time to time based on my experience.
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noorman0
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March 05, 2022, 05:43:34 AM |
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In my experience the 2 exchanges (Binance and Kucoin) don't have much speed difference. Generally any exchange applies the same withdrawal procedure, fill in the withdrawal form > confirmation email code and or authenticator > done. The approval and withdrawal process will not take more than 2 minutes and it will be marked complete even though it has not reached 1 blockchain confirmation. But I'm not sure if withdrawals can be made by bots, because they have to go through the code confirmation step.
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Coin_trader
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March 05, 2022, 05:43:51 AM |
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For a quick transfer of funds between my bots, I collect information about which exchanges are the fastest for withdrawing alt-coins, mostly BTC and XMR. Please share your experience.
Most of the exchange withdrawal speed is almost instant to process, There's just some variation in few minutes on there approval but its not noticeable. They are all charging flat rate in terms of transaction fee which means they have same standard speeds for the transaction. The speed is still highly dependent on the blockchain network speed and not on the exchange side. Big exchange like Binance, FTX, Kucoin and Okex has same withdrawal approval speed base on my experience.
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cryptoaddictchie
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March 05, 2022, 05:51:09 AM |
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For a quick transfer of funds between my bots, I collect information about which exchanges are the fastest for withdrawing alt-coins, mostly BTC and XMR. Please share your experience.
I think exchange almost the same with withdrawal speed. It will mostly matter on the network confirmation of block upon execution of the process. I find it fast when I am withdrawing from Binance compared with kucoin and huobi. Im not sure whats the reason but it has a minor difference but just a little. Well depends maybe on users doing and numbers of executing the withdrawal.
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rhomelmabini
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March 05, 2022, 06:44:24 AM |
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I've got no issue on using Binance or either Kucoin and by using USDT (Tron chain) as it's faster base on my experience. I think for XMR and BTC on the exchange I just said will vary on the network and the transaction fee you've put, base on experience as well especially for BTC.
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jossiel
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March 05, 2022, 08:29:39 AM |
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I like binance and has always been using it but it's a fact that their withdrawal experience isn't quick as those that has been mentioned.
It takes a few minutes before you'll receive your withdrawal and if you ever get a problem, there's a likely that it will be stopped and delayed by them.
Hopefully as they keep on making rounds and improvement, it's going to be their next upgrade that they should speed it up.
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Oshosondy
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March 05, 2022, 08:34:05 AM |
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Based on my experience, FTX and Kucoin have been the fastest, with the slowest being Binance. The speed difference isn't that substantial though, and the withdrawal speed of these exchanges(the time it takes before the withdrawal becomes confirmed off-chain) can vary from time to time based on my experience.
I remember the last time I use binance which was 5 days ago, it was fast, but not for bitcoin but for USDT TRC20. What can cause delay is when an exchange will process the transaction, binance was very fast about it. I did not check the time, but OKX sent me notification for a confirmation transaction in less than 2 or 3 minutes (or less than 5 minutes) which was from binance. What I have noticed is that the exchanges I have used almost have the same processing time, they are all fast with just little differences.
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Ararbermas
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March 05, 2022, 09:39:17 AM Last edit: March 05, 2022, 10:38:03 AM by Ararbermas |
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I don't have experience using XMR when it comes withdrawing but on binance its always instant withdrawal base on my experienced. wherein you need verification then its all done amd surely it's all the same with different assets in my personal opinion.
By the way i used to withdraw XRP since it has very cheap fees and most of it are usdt through p2p.
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iv4n
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March 05, 2022, 10:51:29 AM |
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Most exchanges are very fast today! That's my impression, I really had no issues of any kind in the last few years! Apart from Kucoin and Binance, where I am regular, I also used some other exchanges (Huobi, HITBTC, and some others) so that I could buy or sell some new coins and tokens, and I must say that I have no objections to them and the speed of withdrawals! Here is the list of crypto exchanges: https://coinmarketcap.com/rankings/exchanges/There are a lot of exchanges, the competition seems to be getting stronger every year! In order to work and make money, they must have a good service, which means quick withdrawals, among other things! Maybe the OP should consider DEX exchanges?! Not so big volume, but it's safer when you have your keys, and your capital is always in your wallet, so less commission than with using CEX, where withdrawal fees can be high!
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OcTradism
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March 05, 2022, 11:33:49 AM |
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I don't know any website that can give you such very detailed information. However, I know a website which gives you exchange withdrawal fees. https://withdrawalfees.com/You can type a coin you want to find, enter and you will be given list of exchanges and corresponding withdrawal fees. I don't know exchanges give you different options such as low, normal, fast withdrawals but on casinos (gambling sites), they usually give you multiple options.
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hugeblack
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March 05, 2022, 01:25:59 PM |
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It is difficult to analyze the data on withdrawal times, but the volumes of liquidity [1] will give you a general idea of the faster platform, but the question is not the speed, but the number of confirmations. to deposit to another platform you need to get at least 1 confirmation in bitcoin and therefore it is better to use another blockchain if you are looking for speed confirmations. For example, transactions on the Polygon network, BSC and others are very fast and the confirmations are lower than in Bitcoin. You can also check the withdrawal fee [2] here to save some money. [1] https://coinmarketcap.com/rankings/exchanges/[2] https://withdrawalfees.com/
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Sterbens
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March 05, 2022, 01:31:29 PM |
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The time difference is not too far to measure transaction speed. If you look at it from now on maybe using crypto transfers that are not on is something I use often. Usually, now Binance is about 15 minutes to 30. KuCoin was experiencing a traffic jam a few weeks ago. And I experienced it myself. Tried on FTX and here I certainly find it faster, Sending ETH is also not too worried. The response speed of delivery can be an alternative choice.
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YOSHIE
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March 05, 2022, 01:41:36 PM |
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For a quick transfer of funds between my bots, I collect information about which exchanges are the fastest for withdrawing alt-coins, mostly BTC and XMR. Please share your experience.
You should just use the exchange platform in your official locale, instead of having to use an exchange site that you don't understand in making transactions for your coins, I think it's better for you to do that. I mean this, all exchange platforms, of course, they all want to do the best for their users, both in terms of fast transactions or satisfying service, basically: The obstacles in the coin transfer process at each exchange are network connections, internet, confirmations and so on related to transactions, that's the problem basically, the exchange platform is the same, if i may suggest you use the exchange site you are currently using and understand, it's better for you.
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Hobo66
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March 05, 2022, 04:59:28 PM |
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In my opinion kucoin and the coinbase are the best crypto exchanges that has fastest withdrawal. these are the most acceptable and most fastest exchanges and is gaining popularity. they actually takes minimum time such as few minutes for transfer. Kucoin and coinbase are both the fastest and have instant withdraw.
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JooBra
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March 05, 2022, 06:52:10 PM |
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It really depends when you withdraw all top exchange are good but it really depends on the general traffic.
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Husires
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March 05, 2022, 07:57:49 PM |
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For a quick transfer of funds between my bots, I collect information about which exchanges are the fastest for withdrawing alt-coins, mostly BTC and XMR. Please share your experience.
Are you series? Monero (XMR) for KYC or non-KYC exchange trading? Most of the platforms have either removed privacy coins, imposed more analysis on them, or tried to put additional fees on them, so it is the worst option for those who want to trade using bots. Bitcoin has high withdrawal fees on a lot of platforms. I suggest you Litecoin, USDT, and Dogecoin.
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Hypnosis00
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March 05, 2022, 08:44:20 PM |
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For a quick transfer of funds between my bots, I collect information about which exchanges are the fastest for withdrawing alt-coins, mostly BTC and XMR. Please share your experience.
it has to accept that no one will give you that instant withdrawal but I think it wasn't a make deal at least we can process it in a few minutes. And base on my experience, those high-volume coins will have heavy traffic transactions leading to long delays and that is sometimes I'm not going to use BTC but instead, I used XRP where I can receive my coins a lesser time compared to the others. I use Binance, Kucoin and everything seems natural to wait sometimes before it confirms.
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famososMuertos
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March 05, 2022, 09:18:14 PM |
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OP: you lack context in your concern, it is very generic, for example, what amounts do you aspire to withdraw, there are always daily limits in centralized exchanges (CEX).
In any case, most exchanges work well for BTC, some have very hight fees (binance, coinbase). XMR, one time or another I have used that token, their fees are cheap and the network is rarely congested or takes more than a minute.
Good luck with the activity of your bots in this process.
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DoublerHunter
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March 05, 2022, 09:41:44 PM |
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For a quick transfer of funds between my bots, I collect information about which exchanges are the fastest for withdrawing alt-coins, mostly BTC and XMR. Please share your experience.
^ I have been experiencing withdrawing from different exchanges but so far on these 3 exchanges, I never had experienced a delay process of my withdrawal. It is Binance, Kraken and Poloniex. But sometimes, if in BTC, you will probably need to wait long because it also depends on a BTC network congestion which is very normal to BTC. Coinbase too, just try on it and you will see.
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