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Author Topic: Where can I exchange USDC to BTC with very little fees and fast?  (Read 187 times)
sujonali1819 (OP)
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May 14, 2023, 03:51:53 AM
 #1

Hi, I need to exchange some USDC polygons for BTC, I normally use Binance for exchanging. But Binance withdrawal fee is now 0.001 BTC which is too much for a little amount. Can someone suggest to me some exchangers which charge low and I can change it quickly? The exchanger must be trusted. Smiley

Thank you in advance.

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May 14, 2023, 03:59:49 AM
Merited by sujonali1819 (1)
 #2

I had the same issue yesterday and I used PNNV.com instant swap. I was able to save more than 0.0005 BTC if I'm not bad at math. Binance started to charge 0.001 BTC from 0.0002 BTC for each withdrawal when fee increased but now that fee has been decreased a lot from last week, they haven't yet changed the withdraw fee.
Try this- https://pnnv.com/exchange

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May 14, 2023, 04:00:34 AM
 #3

You can try FixedFloat or sideshift.ai as they both only charge the network fee. The support USDT but not sure they have polygon. I have used Flixedfloat in the past and it is pretty easy to use. Last time I exchange USDT(TRC20) to Bitcoin.

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May 14, 2023, 06:19:08 AM
Last edit: May 14, 2023, 06:37:07 AM by Oshosondy
 #4

The fee on OKX is 0.00016 BTC, which is around $4.3, unlike Binance that charges 0.001 BTC which is $26.9.  You can also use lightning network for lower fee on OKX.



You can try FixedFloat or sideshift.ai as they both only charge the network fee. The support USDT but not sure they have polygon. I have used Flixedfloat in the past and it is pretty easy to use. Last time I exchange USDT(TRC20) to Bitcoin.
Bitcoin and USDT Polygon are both not working on FixedFloat as both networks are temporary suspended for maintenance.



Edit: I saw the fee as 0.00027 BTC on OKX when I checked again. It is changing if I should guess, but far better than Binance withdrawal fee for bitcoin.

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May 14, 2023, 06:34:46 AM
 #5

I had the same issue yesterday and I used PNNV.com instant swap. I was able to save more than 0.0005 BTC if I'm not bad at math. Binance started to charge 0.001 BTC from 0.0002 BTC for each withdrawal when fee increased but now that fee has been decreased a lot from last week, they haven't yet changed the withdraw fee.
Try this- https://pnnv.com/exchange
Thank you. I used this service. Quite easy, simple, and faster with less fees. To be honest I really did not know PNNV has the exchanger/swap services. I knew this only for live crypto price monitors. Even I can not find and hyperlink on the Landing page from where people can go https://pnnv.com/exchange, The pnnv team should highlight their swap service URL so that people can easily find out it.

You guys still can share some other trusted swap services with less fees, so that other people also can use them once they will need it like me.


I will lock the thread shortly.

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May 14, 2023, 07:59:30 AM
Merited by OmegaStarScream (2)
 #6

You guys still can share some other trusted swap services with less fees, so that other people also can use them once they will need it like me.

You do not necessarily have to adhere to USDC(polygons)/BTC pair, but after using Binance you can withdraw using Ripple (XRP) currency to any exchange that have low withdrawal fees then withdrawal BTC from it.

you will get better exchange rate than Instant exchanges.


Low altcoins withdrawal fees are:

ADA
DOGE
SOL
ICP

you can find many alternative here Instant exchanges
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May 14, 2023, 05:32:52 PM
 #7

I had the same issue yesterday and I used PNNV.com instant swap. I was able to save more than 0.0005 BTC if I'm not bad at math. Binance started to charge 0.001 BTC from 0.0002 BTC for each withdrawal when fee increased but now that fee has been decreased a lot from last week, they haven't yet changed the withdraw fee.
Try this- https://pnnv.com/exchange

Wow i though PNNV website is just like preev but now they add instant exchange, i will definetly bookmark this website and try it later.
Btw from where did you know that PNNV have exchange option? Because i visit their twitter and dont see any info regarding the exchange
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May 14, 2023, 06:13:53 PM
 #8

Looks like many people are having the same problem as the OP. And Binance apparently hasn't lowered the withdrawal fees for Bitcoin. Because some time ago I was also looking for the same solution on this matter.

But I found fees on Mexc at least 66% lower than on Binance ie on Mexc BTC withdrawal fee is only 0.0003. But the cheapest is still held by OKX cause there is a withdrawal fee for BTC-Lightning and it's even free. And for ordinary BTC withdrawals normally it is also only 0.00011. So I started accumulating Bitcoin from OKX. At first I changed the stable coin I had on Binance to TRX and then sent it to OKX. So with this step I save more on shipping costs. because the TRX shipping fee is only 1 trx. It was only then that I changed my trx to a stable coin on OKX and started buying bitcoins there and withdrawing them to my Wallet when finished.

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May 14, 2023, 06:16:09 PM
 #9

Just like oshosondy has told you OKX is fair enough than binance although going by what we are used to $4 for transaction fee is still ridiculous especially for those who aren't fund of increase the transaction fees to get there transaction done in a hurry.

Also why looking for a better option than binance you still have to also consider other factors like how secured is the exchange actually and so I think you have the option to research on centralized and decentralized exchange that could suite you.
https://bitcointalk.org/index.php?topic=2906237.msg29885570#msg29885570

But what I did was to go for the cheapest option readily available for me which was OKX and the exchange isn't bad, also I have tried to reduce my Bitcoin transaction this period as much as I can to see out this period.
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May 14, 2023, 07:16:04 PM
 #10

You guys still can share some other trusted swap services with less fees, so that other people also can use them once they will need it like me.

You do not necessarily have to adhere to USDC(polygons)/BTC pair, but after using Binance you can withdraw using Ripple (XRP) currency to any exchange that have low withdrawal fees then withdrawal BTC from it.

you will get better exchange rate than Instant exchanges.


Low altcoins withdrawal fees are:

ADA
DOGE
SOL
ICP

you can find many alternative here Instant exchanges


Yeah, If I withdraw other altcoins from binance to other exchange which has lower BTC withdrawal fee then the whole Process would take a long time (because I don't have account on the other sites), and on the other hand most of the exchange ask KYC, so it would be a wrong way to go where I did not have much time to investigate the exchange. Smiley





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May 14, 2023, 07:51:33 PM
 #11

Yeah, If I withdraw other altcoins from binance to other exchange which has lower BTC withdrawal fee then the whole Process would take a long time (because I don't have account on the other sites), and on the other hand most of the exchange ask KYC, so it would be a wrong way to go where I did not have much time to investigate the exchange. Smiley

It's probably not bad if you first research the offers and possibilities on https://www.bestchange.com/
If I remember correctly, over 250 different exchangers in their monitoring almost all types of currency conversion.

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May 15, 2023, 09:46:10 AM
Last edit: May 15, 2023, 10:00:00 AM by Synchronice
 #12

You can try FixedFloat or sideshift.ai as they both only charge the network fee. The support USDT but not sure they have polygon. I have used Flixedfloat in the past and it is pretty easy to use. Last time I exchange USDT(TRC20) to Bitcoin.
At the moment he can't use FixedFloat from USDC Polygons, its network is temporarily suspended for maintenance. Btw Bitcoin transactions are repaired but USDC polys have problem.
One trick that I can teach you is to visit bestchange.com and choose the coin you Give and choose what you want to Get.
I did that for you and here is the list of exchanges with their rates, click on the image to go on actual Bestchange page where you'll see this ready list:


It's not in the list but another option for instant exchange is to use Easybit.com. Keep in mind that spend specific amount of USDC, sometimes their system doesn't detect if you spend more or less than expected and in this case you have to contact their support.

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May 16, 2023, 03:24:08 PM
 #13

Yeah, If I withdraw other altcoins from binance to other exchange which has lower BTC withdrawal fee then the whole Process would take a long time (because I don't have account on the other sites), and on the other hand most of the exchange ask KYC, so it would be a wrong way to go where I did not have much time to investigate the exchange. Smiley

It's probably not bad if you first research the offers and possibilities on https://www.bestchange.com/
If I remember correctly, over 250 different exchangers in their monitoring almost all types of currency conversion.

Yeah, I tried to visit the bestchange before exchanging. But I was not familiar with exchangers. So I was a little bit confused to use them. I was finding something which is used by someone from here. So Little Mouse suggested pnnv so quickly and I used it and went smoothly.

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May 16, 2023, 04:28:02 PM
 #14

It's probably not bad if you first research the offers and possibilities on https://www.bestchange.com/
If I remember correctly, over 250 different exchangers in their monitoring almost all types of currency conversion.
There are a lot of options but the problem with the exchange listed there is their KYC terms. You never know when your fund will be frozen and ask you submit KYC. Here's pnnv offering better service. PNNV is also using changelly (possibly) and it's also listed on bestchange. But if they ask for KYC, it will be handled by pnnv itself as they mentioned. So, we aren't required to go through KYC. Afaik, PNNV owner (agentF) has KYC submitted with changelly. That's the advantage with pnnv.

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May 16, 2023, 09:55:38 PM
 #15

In case you haven't noticed, It seems like Binance has lowered their fees to 0.0002 BTC again (~5$).

Alternatively, SideShift (suggested above) could be something you should look into. They do comply with laws and regulations, but it doesn't seem like they are as strict as some of the other platforms out there:

https://help.sideshift.ai/en/articles/6230858-sideshift-ai-s-risk-management-policy

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May 17, 2023, 06:16:20 AM
 #16

Yeah, If I withdraw other altcoins from binance to other exchange which has lower BTC withdrawal fee then the whole Process would take a long time (because I don't have account on the other sites), and on the other hand most of the exchange ask KYC, so it would be a wrong way to go where I did not have much time to investigate the exchange. Smiley

Not a lot of time, especially since you save a lot of fees, you open yourself up to a lot of options, and not all central platforms require identity verification.

I can show you a little map.

From Binance (USDC) to DOGE (fees $0.33 Min amount ($5.85 80 DOGE)
From OKX (DOGE) to BTC (fees $2.98 0.00011 BTC )
No-Kyc process

I don't know if there is an exchange that will give you the possibility to withdraw an amount of $6 and a fee of $2.
For  Instant exchanges you can access this list https://bitcointalk.org/index.php?topic=5218464.0
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May 17, 2023, 08:59:35 AM
 #17

From OKX (DOGE) to BTC (fees $2.98 0.00011 BTC )
No-Kyc process
-snip-

After lowering the limits to 5000$, OKX is now asking for much more details than they used to:

https://bitcointalk.org/index.php?topic=5414539.msg62204785#msg62204785

Although and as mentioned in the post, the details you provide are not checked by the team, it's probably better to stay away from them unless you're willing to comply. I wouldn't be surprised if the next step is to lock everyone's accounts unless they verify their accounts fully.

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alterra57
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May 21, 2023, 10:53:46 AM
 #18

Kraken supports Bitcoin on lightning.

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