I have like 200 $ in bitcoin on ANX. I wanted to transfer that to Binance exhange and I saw that if I wanted to I could only send like 140. Is the transaction fee really 60$ to send coin on bitcoin now? Or this is something ANX is doing? I can't see how that will pass as acceptable. Might as well use bank transfers, cheaper!
I believe they ride the transaction fee and the processing fee here. Most exchange are really pullling their profit from these transfers especially to those who have no other means but using only their platform to transfer stuff. If you have other mean that is cheaper, then sure go for it. This is the reason why competition is always healthy, it benefits us, consumer/user, to have a better but cheaper service.