Altcoins Talks - Cryptocurrency Forum

Archive => Sorting Box => Topic started by: tranthidung on December 26, 2023, 02:57:19 AM

Title: Withdrawalfees.com - Quickly look at withdrawal fees over coins & exchanges
Post by: tranthidung on December 26, 2023, 02:57:19 AM
Centralized exchanges are never safe and recommended places to store your cryptocurrencies longer than what you have to do. After you buy your cryptocurrency on a centralized exchange, don't have plan to trade it daily, you should withdraw it to your own wallet.

Unfortunately centralized exchanges charge withdrawal fee that is usually not cheap. You must check Withdrawal fee, together with Taker fee, Maker Fee, and more, before deciding what centralized exchange to use.

Let me introduce you to a useful website for it
See screenshots.

(https://i.ibb.co/1QbjbSL/Withdrawalfees1.png) (https://ibb.co/XLVMVwb)
(https://i.ibb.co/M5p34mm/Withdrawalfees2.png) (https://ibb.co/YT8qMxx)

An example if you want to find exchanges to check withdrawal fee with Bitcoin blockchain. Choose Bitcoin, then you will get followings. The site lists from cheapest to most expensive. My warning is an exchange with cheapest withdrawal fee does not mean it is a good one to use. You must check more with Coinmarketcap and Coingecko about exchange trust, reputation score.
(https://i.ibb.co/nwCZCYJ/Withdrawalfees3.png) (https://ibb.co/S6rWrMC)
(https://i.ibb.co/9wDMnFD/Withdrawalfees4.png) (https://ibb.co/0B7wqg7)
Title: Re: Withdrawalfees.com - Quickly look at withdrawal fees over coins & exchanges
Post by: hugeblack on December 26, 2023, 07:12:38 PM
With the problem of high fees, is bitcoin withdrawal still updated? I see that many platforms adjust their fees in a short time due to the change in the price of Bitcoin withdrawal fees. Therefore, in times of high withdrawal fees, it is better to check the fees again on the platform.
Title: Re: Withdrawalfees.com - Quickly look at withdrawal fees over coins & exchanges
Post by: bitmover on December 26, 2023, 07:26:54 PM
Quote from: hugeblack on December 26, 2023, 07:12:38 PM
With the problem of high fees, is bitcoin withdrawal still updated? I see that many platforms adjust their fees in a short time due to the change in the price of Bitcoin withdrawal fees. Therefore, in times of high withdrawal fees, it is better to check the fees again on the platform.

It is a problem to move small amounts of bitcoin now. As it will cost at least 5-7 USD just to pay for mining fees..

If you are transferring bitcoin between exchanges, one tip is to convert it to LTC/XRP first, then withdrawal LTC/XRP to another exchange and convert it back to BTC. I do this as much as I can when I need to transfer between exchanges.
Title: Re: Withdrawalfees.com - Quickly look at withdrawal fees over coins & exchanges
Post by: tranthidung on December 27, 2023, 02:45:10 AM
Quote from: hugeblack on December 26, 2023, 07:12:38 PM
With the problem of high fees, is bitcoin withdrawal still updated? I see that many platforms adjust their fees in a short time due to the change in the price of Bitcoin withdrawal fees. Therefore, in times of high withdrawal fees, it is better to check the fees again on the platform.
When I made screenshots for this thread, I noticed withdrawal fees on Bitcoin over exchanges and I felt the website is still updating withdrawal fees for their table.

To reply you, I checked it again, compare information on the site with Binance and I can confirm that Withdrawlfees.com has correct information.

A note is it gives information for withdrawal fee with Segwit addresses.

Quote from: bitmover on December 26, 2023, 07:26:54 PM
It is a problem to move small amounts of bitcoin now. As it will cost at least 5-7 USD just to pay for mining fees..

If you are transferring bitcoin between exchanges, one tip is to convert it to LTC/XRP first, then withdrawal LTC/XRP to another exchange and convert it back to BTC. I do this as much as I can when I need to transfer between exchanges.
Litecoin, Dogecoin and Ripple are my first favorite altcoins when I have to look for alternatives of Bitcoin for my fund transfers.
Let's try this one too