Post
Topic
Board Mining (Altcoins)
Re: Nicehash increased withdrawal fees
by
Sy
on 25/07/2020, 07:24:52 UTC
Both Ethereum and Bitcoin networks are heavily congested hence the high withdrawal fee. That why I am always converting my coins to XRP first then transferring because in most of the exchanges withdrawal fee for XRP is much lower.

Right now the fees are 0.00006947 BTC per withdraw and slowly reducing
it's more than 10x lower than the fee I saw last week  Cheesy
I'll wait a little more, as I said I always prefer BTC because my goal is to have as much BTC as possible, and I prefer to avoid other fees to convert BTC to XRP and then XRP to BTC for example

I agree but, when we are withdrawing small amounts like $10-$15 which I do quite often that time converting is very helpful especially when the withdrawal fees are shot up toward .0005 BTC lol.