Post
Topic
Board Altcoin Discussion
Re: exchange fees that no one talks about
by
aceptamosbitcoin
on 24/01/2019, 20:43:36 UTC
how is it that every one is complaining about bitcoin high fees etc. but they arent talking about the ridiculous exchange withdrawal fees? these fees cost 10$ usd. that is sky high fees. this is tradesatoshi site. other site were charging alot too. u want to send and receive but these exchanges are making more money that the miners. where are you guys going to send and withdrawing your coins? these exchanges charging a dime for the withdrawal fees is not going to drive up adoption. i rather transact with a visa card. imagine buying some kfc and ur sending bitcoins through but get charge 10$ extra because exchange fees. thats bs.

I totally agree with you that those fees are complete bs! And I complied a lot, even stopped using few particular exchanges like Hitbtc having MXM withdraw fee of 0.1 ETH! But most of the times we are forced to use this or that exchange because our token is listed only there and exchanges are speculating to make few extra bucks. But they cannot understand that they are trading those  few extra buck for their reputation!