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Author Topic: Are there exchange withdrawals fees as a percentage? yes, LakeBTC  (Read 809 times)
Valeey (OP)
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August 18, 2014, 07:27:27 AM
 #1

What a crazy the fee strategy, if I withdrawals $ 500,000 now, even enjoyed a 0.1% discount rate, it also would cost me $ 500.
Nothing worse than it.

https://www.lakebtc.com/s/fees?locale=en
Quote
Professional traders may apply for trading (or withdrawal) fee discounts (except wire) when your 30-day trading (or withdrawal) volume reaches certain threshold specified below:

Volume   Fee
50K USD   0.4%
100K USD   0.3%
200K USD   0.2%
500K USD   0.1%
desticy
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August 18, 2014, 08:33:46 AM
 #2

It should be a common fee level, many exchanges are like that.

The deposits fee is free on LakeBTC,
but it has a 0.1% deposits fee and a 0.09% withdrawals fee on Bitstamp, its not cheap.
And, BTC-e deposit fee is 1%, withdrawal fee is 1.5%.

More payment companies or credit card, like Coinbase Cavirtex Okpay Egopay etc, their withdrawals fee is 1% ~ 8%, this is the real madness.

Nrcewker
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August 18, 2014, 10:18:43 AM
 #3

But the deposit has been free, other exchange is two-way fee for deposit and withdrawals

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