Ninjastic
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Board Service Discussion (Altcoins)
Re: HITBTC withdrawal fees
by
lifeOK
on 14/03/2021, 14:17:38 UTC
Quote from: stadus on Today at 10:57:04 AM
Quote from: Bitcoin_Arena on March 13, 2021, 10:55:33 PM
Quote from: r3mus on March 13, 2021, 04:34:43 PM
Withdrawal fee for Raven Coin is 199.95 Rvn at the moment. It makes 38 USD!
It's only 1 Rvn on the other exchanges.
Is there any reason why you still use HitBTC?
Because there's more that enough evidence online that shows that;

1.  They are outright scammers. If you are unlucky, your account will be blocked KYC verification will be initiated.9/10 times you won't  get verified and your account won't get unlocked.
2. The withdrawal fees are one of the highest among exchanges.

I can attest that the withdrawal fee is high but personally I'm still using the exchange because I never face any problem using it for years already. I also applied for KYC and got approve and all my transactions are smooth, the downside is only the fee, they just recently increase fees on some altcoins as well.
For the moment, we can't do anything other than acknowledge it. Everyone are worried over the transaction charges, it's quite a big deal only if you have a little withdrawals. Anyway, without KYC performing I have completed several transactions facing any issues.