Post
Topic
Board Bitcoin Technical Support
Re: [Mar 2024] Fees are lower, wait for opportunity to Consolidate your small inputs
by
LoyceV
on 14/04/2024, 12:04:37 UTC
By the way, I just checked Binance's Bitcoin withdrawal fees and I am kinda confused. Withdrawal fee for Bitcoin (legacy) is 0.00025 BTC while the withdrawal fee for SegWit that's supposed to be nearly 40% lower, is 0.00062 BTC. Did I misunderstood something here or doesn't this make any sense?
Binance loves confusing users into accepting their own made-up token as Bitcoin. Charging more for SegWit looks like a way to increase profit from unsuspecting users:
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