Post
Topic
Board Speculation (Altcoins)
Re: High fees on some exchange!
by
Twinkledoe
on 27/07/2019, 23:19:59 UTC
Altcoin nowadays are listed on some exchange which has high fees.  I tried to trade to increase my portfolio despite of this situation but still useless because of the amount of fee is when it comes withdrawal.!

 Is this normal because of the current situation of market?  Or a normal amount of  fee especially if the exchange is not yet popular?
definitely true in some exchanges the exchange fees always increasing because of lots of reasons but we need to understand the situation also then only we can explain this increment is hundred percent true or bad.

But with tough competition, new and small exchanges tend to have lower fees. But one disadvantage is the difficulty of trading your coin with them, as they usually have no volume or very slow movement in trading. So it depends on you as a trader, if you need fast movement or you are willing to wait for the sake of getting low withdrawal fees.