Post
Topic
Board Altcoin Discussion
Re: Did you notice top exchanges reduced the withdrawal fee?
by
tiptopgemdotcom
on 13/02/2020, 17:59:10 UTC
this is great news. I was always very annoyed that I have to pay money for simply withdrawing my money from the exchange. the exchange must earn on commissions. I believe that the withdrawal commission should be removed at all, but the reducing is already good
Exchanges usually look for ways to increase the trading fee for making more money, there is no logic to increase the withdrawal fee which will not attract the day traders. I prefer to withdraw the small altcoin rather than BTC due to the high fees(around ~0.0005 BTC).