Post
Topic
Board Beginners & Help
Re: Why exchange wallet so high fee
by
cryptowisser
on 10/07/2018, 11:26:00 UTC
Hello guys,I tried to withdraw ethereum from poloniex and BTC alpha..soo high fee's I withdraw 0.02 ethereum and  fee's is min.0.01 ethereum? So no choice I withdraw even the high fee almost 50% from may balance. I need gas to send more tokens ..but still confused why so high it is normal or due to blockchain congested that's why?
Hi Dhanems,

Many exchanges have competitive trading fees but then hit you on the way out with their withdrawal fees. I understand your concern. In order to help people experiencing the same issues as you, we have created an EXCHANGE LIST where you can compare withdrawal fees. It is available here: https://www.cryptowisser.com/exchanges/. As you will see when sorting in the list based on the withdrawal fee, there are even exchanges charging percentages of the withdrawn amount as their withdrawal fees. The highest "fixed fee" not being a percentage is charged by CoinsBank who charge a ridiculous 0.005 BTC when withdrawing BTC (regardless of how small the BTC-amount you are withdrawing is).

We have also created a revolutionary tool we call THE EXCHANGE FINDER that lets you answer 6 questions on what you require from a cryptocurrency exchange. The tool then matches you with the exchange(s) that best matches your answers, free of charge. There is no corresponding tool anywhere else in the crypto market. The tool can be found here: https://www.cryptowisser.com/

Stay safe out there and look out for the bad guys!

All the best,
Cryptowisser