My strategy is to hold small amounts of large number of coins. I bought some on Bittrex. Is it normal, that withdrawal fee is 2-10$? I'm quite shocked. For example withdrawal fee for Monero is 0.04. Thats 10$ at current price. TenX has fee 2 coins witch is 4$.
What is your experience with exchanges and withdrawal fee? Is there better option for small amount purchase?
Thanks
Use those are having small cheap transaction fees just like DAG coin or even dogecoin. if you are using monero or tenx because that worth a lot right now and the fees look pretty high due to a huge increase in its price and then it looks normal in my opinion.
If you are wanna avoiding such big fees and then try to use a fast and cheap coin.
That becomes the best thing this time.
I use Litecoin for transactions between exchanges. I wanted to send those coins to wallet. Bought 0.1 Monero when price was more then 400$ so I already lost 40% of value. Really dont want to lose 20% of coins because of transaction fee.
Same with SUB on binance. I have 23 coins stuck there, cos withdrawal fee is 13.