Post
Topic
Board Service Discussion (Altcoins)
Re: HITBTC withdrawal fees
by
Fatunad
on 14/03/2021, 16:50:23 UTC
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.
Each exchange does have its own issues even still unresolved and some complaints even into those famous exchange still having these kind of small issues.
If people do find out hassle for them then they can always make use of other exchange yet no one is forcing them to use the platform.Incase if there are
issues with fees then you can always make out conversions to alts to lessen up the fee.Not for erc20 at the moment because it is also high but there are
several coins which could really do the job well.