Post
Topic
Board Beginners & Help
Re: Input from community on transfer fees
by
Charles-Tim
on 25/05/2024, 17:17:42 UTC
Yes, Bitmaz, I meant Crypto dot com.  I cannot wait to get away from these infernal CEXes!
I really need to learn how to buy from a non-KYC source.
If you can use OKX, you can convert the coin to coins like Algo and send it to OKX. Convert it back to bitcoin on OKX and withdraw. The transaction fee on OKX for bitcoin right now is less than $7 which is better than $50 on the exchange that you mentioned. What you see on exchanges are just a representation of your coins and not your coins, but the fee for bitcoin on exchanges can be exorbitantly high.