⭐ Merited by COOLCRYPTOVATOR (2)
You're posting this on the wrong board, you should move (bottom left) it. Maybe Service Discussion fits better.
If you want to withdraw a small amount of Bitcoin from Binance and avoid fees, you could convert it to an altcoin and use an instant exchanger to convert it to Bitcoin again.
I just noticed that withdrawing from Binance using BTC is ridiculously expensive compared to BNB, which is almost nothing. So I was wondering, why am I not using it? Why don't YOU use it? I feel like there is a catch, just don't know what it is.
I'll answer this by quoting myself:When withdrawing Bitcoin, Binance gives those options:
There's only one Bitcoin. Why would you accept a fake with CZ's promise to pay you back?Quote
I think you definitely have Ethereum / ERC20 token
OP has Bitcoin, but Binance is trying to give him their own (or Vitalik's) made-up tokens instead. They charge very high withdrawal fees on the real Bitcoin to promote their own centralized shitcoin.If you want to withdraw a small amount of Bitcoin from Binance and avoid fees, you could convert it to an altcoin and use an instant exchanger to convert it to Bitcoin again.