Post
Topic
Board Bitcoin Discussion
Topic OP
Exchanges are starting to reduce their bitcoin withdrawal fees at last
by
alyssa85
on 02/03/2018, 11:55:19 UTC
Here is Kraken:

https://twitter.com/krakenfx/status/969341056008454144

Quote
Effective immediately, withdrawal fees on Bitcoin (XBT) are reduced to 0.0005, and withdrawal fees on Bitcoin Cash (BCH) are reduced to 0.0001.

And here is Binance:

https://twitter.com/binance_2017/status/969271254959222784

Quote
#Binance is happy to announce a 50% reduction in $BTC withdrawal fees. Effective immediately, BTC withdrawal fees are only 0.0005 BTC!

It's still pretty high given that you can send transactions for a few cents, but it is a step in the right direction.