Quote from: khiholangkang on April 09, 2021, 01:49:10 PM

Quote from: tsaroz on April 09, 2021, 04:27:49 AM

The withdrawal fees were changed from 0 to 0.2 a month ago for the withdrawal of USDT as TRC20. I went with withdrawing some USDT from binance to Kucoin to buy some velo but the withdrawal fees taken were $1. It's absurd how much binance is charging for withdrawal when the fees from blockchain are most probably free for binance as they are super representative on tron blockchain.
I use binance for it's cheaper transaction fees but these these unnecessary withdrawal fees are going to be a push factor as newer exchanges too are coming with aggressive promotions.

Withdrawal fees for USDT are increased but look at BUSD there are no fees for withdrawals, I think the increase in USDT withdrawal fees is a marketing strategy for Binance to get more people to switch to BUSD.

Indeed it is a marketing strategy for them to promote their stablecoin BUSD, but the problem is BUSD is not listed in other centralized exchanges, it's only on their binance exchange for now and they still people to switch over from using ERC-20/TRC-20 USDT that is on alot of exchanges to BUSD, it's not possible to just take USDT out of the picture with their own coin,they should know that by now.