Post
Topic
Board Bitcoin Discussion
Re: [GUIDE] How to send BTC for cheap! (And stop paying $25 for withdrawals)
by
sheenshane
on 22/04/2022, 23:41:02 UTC
I AGREE. Literally, all of those options are marketed as the "cheaper" bitcoin options to withdraw from binance.

It's like if somehow, binance wanted to hoard bitcoin by making ridiculous withdrawal fees.
It's totally different from a withdrawal on the exchange and having a transaction fee on transferring your Bitcoin to another wallet.  Less fee for the non-custodial wallets which is you can put manually the fee rather than on the exchange wallet which is expected to have huge fees.
Just simple, those exchange platforms making ridiculous fees is a part of their business which is totally different from the non-custodial wallet.

Always check the mempool space every making such transactions to know the recent transaction fees.