Post
Topic
Board Trading Discussion
Re: Bittrex withdraw not possible, aammount too low?
by
Silberman
on 07/01/2024, 08:26:22 UTC

Is it worth it? Do you really want to withdraw 50 cents from there?

It's not about withdrawing 50 cents or if it's worth it or not. The company said in their email: Either you withdraw each and every cent from you account, or we will charge you 20 USD per month until the end of time. That's why everyone is upset. Nobody cares about the cents. They care about the 240 USD per year that they think they would have to pay for keeping any amount, no matter how small, on that exchange. That's why everyone wants to remove any amount, no matter how small, from that exchange.
Then isn't it better to not use that exchange? It is centralized shit anyway. We have no security over the assets that we hold in there and on top of that, they want their users to pay a fucking $20 fee just to keep their assets there every month? Hell nah, man. I would simply just choose something else.
If I have to keep my assets somewhere, I will definitely keep them in a self-custody wallet. It's free and I will have all the access.

"Not your key, not your coin"
Currently they have no other option, at first the issue of the OP was not clear to me but after reading the thread more closely, it is obvious Bittrex is holding those people hostage with their unfair terms of service and they are even trying to make money out of them, so people that had even a small amount of money there for any reason are trying to find ways to circumvent having to pay money for a service that is not being rendered anymore.