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
Yes that are normal transaction fees. Many exchanges have much higher. HitBTC is famous b also taxing you deposits. And withdrawal fees can be even $50. Exchanges are just trying to make profit. That is what they do.