Post
Topic
Board Bitcoin Discussion
Re: I bought 0.0011 BTC but only received 0.00053 BTC!
by
BitMaxz
on 04/06/2021, 19:20:40 UTC
I had heard about high Binance fees but I didn't expect it to be this high! Thanks for your answer!
So, I will lose money rather than making profit!

I used a local platform in my country which is only well-known here.

Yes their withdrawal right now is pretty expensive look at the minimum withdrawal fee that I get when trying to withdraw my BTC out from Binance

BTC network


But if I switch to other networks like BEP2 here the fee that I got



Next time check the fee before you withdraw from exchanges like Binance. Take note for other networks/chain you can switch to other networks if you want like BEP2 to reduce the withdrawal fee but the receiving address must be on the same network in order to receive the BTC amount. If you are going to send it directly to BTC address you won't receive anything.