Re: Exchanges are starting to reduce their bitcoin withdrawal fees at last

Quote from: alyssa85 on March 02, 2018, 11:55:19 AM

Here is Kraken:

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

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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

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#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.

Finally the withdrawal fee decrease to 50% this is a good news for every trader in that exchange site thanks to bitcoin lightning and segwit we can now experiense a small fee again hoping it will last because the fee are based on bitcoin price.