In a World of Fixed Crypto Withdrawal Rates... It Will Become... FEE-POCALYPSE ๐Ÿ’ฐ๐Ÿ‹๐Ÿ’ป๐Ÿ˜ฎ

in crypto โ€ขย  7 years agoย 

Did you know that some withdrawal fees on exchanges can be ridiculously high? This post is about the "greatest hits" that are being dealt to your wallet, in the form of fat fees. And the fees will only be higher, the more the coins are worth. And don't get me wrong, Bittrex is not the only Exchange with high fees, however, it seems like they tend to have the highest, which is why they earned their spot in this post (: This isn't a slam post, it is a recommendation to lower fees as low as possible, to be competitive with other exchanges rates, or dare I say, even better?

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New Economy Movement (XEM):
15 XEM FEE
PRICE AT TIME OF POST: ~$4.48

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Bitcoin (BTC):
.001 BTC FEE
PRICE AT TIME OF POST: ~$4.56

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There is, however, good news to be had here. They're catching on to the fact that we HATE FEES. I was going to mention NEO here (Bittrex used to have a .1 NEO fee) but I noticed they dropped it to a .025 NEO fee ๐Ÿ˜„ Atta boy, @bittrex !

STEEM OR SBD WITHDRAWAL FEE ON @BLOCKTRADES INTO MULTIPLE OTHER CURRENCIES:
0
PRICE AT TIME OF POST: ~0.00

I rest my case...

๐Ÿ‘๐Ÿ’ฅ๐Ÿ‘

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ย  ยท ย 7 years agoย 

This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond

ย  ยท ย 7 years agoย 

Bittrex still seems to be the easiest exchange I can use but the fee's have not been good. At least they aren't as bad as coinbase!

ย  ยท ย 7 years agoย 

Yeah I agree, Coinbase is definitely worse lol ๐Ÿ˜‚
You should join Binance if you haven't yet bro.