Exchanges take advantage of the tx fee...

[uzair]

I have been doing withdrawals across multiple exchanges and I realize they still set up a large default fee of 0.001 BTC (Gate.io do 0.002 BTC!!!). That's fine. However, the problem is they don't actually include that high fee to for user's convenience. They only pay the minimum fee, around 5-10 sats/bytes. OMG!!!
This is not a big deal these days because the fee is low and the network is easy. I'm just upset because exchanges just take advantages of user's fund while not providing the convenience as it's supposed to be...

[Zed0X]

It is what it is. Otherwise, they will not have any gains to maintain the platform. That is why it is important to choose an exchange that you are comfortable with.

[owmivmen]

Why do you use bitcoin for withdrawals? I think there are cheaper ones for withdrawal fees like ethereum, stellar, ripple and doge. Bitcoin takes a long time to withdraw.

[Speaker]

Why do you use bitcoin for withdrawals? I think there are cheaper ones for withdrawal fees like ethereum, stellar, ripple and doge. Bitcoin takes a long time to withdraw.

I also agree that you need to use more convenient, fast and cheap coins.Also look at the stock exchange, some are more favorable conditions and fees.

[marksayson]

I have been doing withdrawals across multiple exchanges and I realize they still set up a large default fee of 0.001 BTC (Gate.io do 0.002 BTC!!!). That's fine. However, the problem is they don't actually include that high fee to for user's convenience. They only pay the minimum fee, around 5-10 sats/bytes. OMG!!!
This is not a big deal these days because the fee is low and the network is easy. I'm just upset because exchanges just take advantages of user's fund while not providing the convenience as it's supposed to be...

Thats the advantage of owning an exchange, best solution you got, is to convert your bitcoin coin into like a doge coins, because doge coins got so little in its withdrawal fee.

[bitpation]

You should be grateful to have been given a place to exchange your Coins at a low price. Instead of another exchange place here. A lot more expensive but the facilities are the same as usual. Indeed, I understand about your complaints about the ease of exchanging coins, but you should be grateful for that.