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Author Topic: Withdraw DOGE in Binance Expensive or Not?  (Read 5198 times)

Offline damsix

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Withdraw DOGE in Binance Expensive or Not?
« on: June 04, 2020, 02:16:33 PM »
I often trade in Binance, often trade in the Spot and Margin section but more often trade in Margin because we can borrow it with a maximum of 5x.
Then I haven't been with my profit from Binance for a long time and when I want WD to use DOGE coins, now the fee is 50 DOGE coins.

As I recall, when I traded in Cryptopia, INDODAX Bittrex, if we WD it with DOGE fee coins, it was around 3-4 DOGE coins.

1. Are there members here who feel the same way?
2. Is WD with DOGE coins now expensive?
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Withdraw DOGE in Binance Expensive or Not?
« on: June 04, 2020, 02:16:33 PM »

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aiviaa485

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Re: Withdraw DOGE in Binance Expensive or Not?
« Reply #1 on: June 06, 2020, 01:26:20 PM »
1. Are there members here who feel the same way?
I'm sure all accounts on Binance for Withdrawl fees are the same and there is no difference.
If there is a difference in fees for Withdrawl and other Binance accounts, later Binance will become the chatter of the members.

2. Is WD with DOGE coins now expensive?
If we look at the Binance market, the Withdrawl for DOGE is now 50 coins, but I'm not sure if previously the Withdrawl DOGE in Binance was 4 Doge coins.

But with 50 DOGE for Withdrawl, in my opinion it's quite cheap, because if the price of DOGE is now 30 satoshi, it might be around 1500 satoshi if it is converted to BTC decimal.
And it's still cheap if we WD Bitcoin whose fee reaches 40,000 satoshi.

Offline Michael.sol

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Re: Withdraw DOGE in Binance Expensive or Not?
« Reply #2 on: June 26, 2020, 06:42:28 PM »
There isn't any difference in between withdraw fees of different account , withdraw fees depend on price of That coin . I think withdraw fees of dogecoin is affordable , I didn't think that this is too high fees . We should be accept it :)

Offline masudginanjar

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Re: Withdraw DOGE in Binance Expensive or Not?
« Reply #3 on: June 30, 2020, 05:15:45 PM »
It might also be said to be expensive for those who don't have a lot of money.
But it can also be said to be cheap if those who have a lot of DOGE and have the advantage of trading.

50 DOGE in my opinion is still too cheap if we compare with Withdrawl by Bitcoin or Ethereum and you can check the calculation with that coin in Binance.
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Re: Withdraw DOGE in Binance Expensive or Not?
« Reply #4 on: June 30, 2020, 05:50:42 PM »
1. Are there members here who feel the same way?
yes. I also feel the same thing bro, every exchange does have a difference in the cost of withdrawal even though the same cost but there are also different ones with quite high fees.

2. Is WD with DOGE coins now expensive?
yes I say it is expensive because our currency benchmark is the same, in fact I say it's cheaper to use Ripple or Tron
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