Post
Topic
Board Altcoin Discussion
Re: btc alternatives to use when withdrawing from the exchange
by
Uang_kartal
on 23/09/2022, 01:17:58 UTC
~Snip~
I also tried to withdraw less than $10 on bybit and binance and the exchanges would not allow me to withdraw...I think I saw a video a while back where they recommended withdrawing $1 first to test (to make sure I choose the right network etc). The other day I tried to withdraw 4 dollars with bybit and binance and I got the message: the withdrawal is less than the minimum allowed.

first, compare from stable coin, algorithm and and lite coin. which one is more efficient. this is indeed every excanger has a minimum withdrawal especially the 2 markets you mentioned. I did a survey and it turns out that xlm and trx may be lower in some markets for fees. And if you are looking for an affordable minimum withdrawal and spend why don't you choose Hotbit from the start? all of them already have regulations and terms of condition for each of these managements and as a customer, like it or not, you have to follow the rules.

As far as I make withdrawals using stable coins there are no problems whatsoever. but I prefer to use TRX because it is cheap and fast. Some say that stable coins sometimes also have their own risks, because there is no clarity whether stable coins are really backed up or not. but I'm sure if it was BUSD they would be safe.
yes trx is quite special and the speed of delivery and cheap, quite a favorite to be an alternative also for me when the trx network is needed and quite often used by some people, especially deposits.
if you talk about busd, it's definitely backed up by binance bro. it means that you have less intuition which guarantees stability of universal coins like usdt. but looking at the giant company, at least it's pretty convincing. although I rarely use busd.