Bitcoin withdrawal fee on Bitstamp

[reyhan12]

I have been unable to withdraw bitcoins for the past 36 hrs.

Another member received an email that there are issues with BTC deposits and they will be issuing new deposit addresses.

https://bitcointalk.org/index.php?topic=914565.0

Go to Bitstamp and check your Deposit page, see if there's this large red warning that says

"DO NOT DEPOSIT TO PREVIOUSLY PROVIDED BITCOIN DEPOSIT ADDRESSES. Deposits sent to previous address will not be honored. New deposit addresses are forthcoming.".

[1714983184]

1714983184

[hgmichna]

I have been unable to withdraw bitcoins for the past 36 hrs.

Another member received an email that there are issues with BTC deposits and they will be issuing new deposit addresses.

https://bitcointalk.org/index.php?topic=914565.0

Go to Bitstamp and check your Deposit page, see if there's this large red warning that says

"DO NOT DEPOSIT TO PREVIOUSLY PROVIDED BITCOIN DEPOSIT ADDRESSES. Deposits sent to previous address will not be honored. New deposit addresses are forthcoming.".

I propose to continue the discussion there, on https://bitcointalk.org/index.php?topic=914565.0 . It was more or less off-topic here anyway.

[picolo]

I heard there are some problems with Bitstamp
Look here : https://bitcointalk.org/index.php?topic=914565.0

But what i know Bitstamp fee is really low

On January 4th, some of Bitstamp’s operational wallets were compromised, resulting in a loss of less than 19,000 BTC on bitstamp.net

Their fees are not the question Today!

[zenchi8]

Does anyone know what the fee is today?

[NABiT]

Does anyone know what the fee is today?

Zero

[zenchi8]

And it will be transferred fast? How is that possible?

Some exhanges handle a 0.001btc fee which is pretty high!

[NABiT]

And it will be transferred fast? How is that possible?

Some exhanges handle a 0.001btc fee which is pretty high!

They batch the withdrawals together, they pay the fee.

It's been a couple of months since I made a withdrawal but never had any problem with the speed of the withdrawal.

[richardsNY]

Some exhanges handle a 0.001btc fee which is pretty high!

It's not high at all. It's a common withdrawal/external transaction fee. The network fee is hovering between 0.0008-0.001 BTC for quite a while now, so from there it only makes sense that services charge these fees. If you seriously believe that services will grant you cheap external transactions, you're very wrong on that. It would allow people to abuse their platform just for the purpose of sending cheap transactions, and thus save a couple of bucks per transaction. It's a business after all, and a business is in the game to make profit, and not to function as some sort of a charitable organization just because people don't want to pay appropriate network fees.

[zenchi8]

But NABiT just said it's free because they bundle withdrawals?

[NABiT]

But NABiT just said it's free because they bundle withdrawals?

I did, and it is so - https://www.bitstamp.net/fee_schedule/

[zenchi8]

Ok. So then I can transfer that on bistamp to a paper wallet (since that seems more safe to me) and not that from another exchange since it costs 0.001btc which is a bit too much for me.

Thank you.

[NABiT]

Ok. So then I can transfer that on bistamp to a paper wallet (since that seems more safe to me) and not that from another exchange since it costs 0.001btc which is a bit too much for me.

Thank you.

Yes you could withdraw from Bitstamp to wherever you like.

I haven't checked the fees on other exchanges in a while, I did use Poloniex a while back and their fee for BTC withdrawals was 0.0001, I don't know if that is still the case.