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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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3547469 No.3547469 [Reply] [Original]

Did withdrawal fees on bittrex just shoot up a fuck ton or did they do this to my account?

Ripple, 5 xrp transaction fee
AdEx, 1.8 adx transaction fee

It was lower yesterday r-right?

>> No.3547651

>>3547469
No thoughts on this?

A lot of coins have had 5x fee increases over the past week on bittrex.

Litecoin went from 0.002 to 0.01

Isnt it a bit odd they're raising tx fees so high all of a sudden on a lot of random coins?

>> No.3547709

>>3547469
>>3547651
Because Bittrex isn't adding new tokens and coins people are moving to different exchanges. This leaves bittrex with fewer trades and as a result fewer tokens for it to use.

They are trying to remedy this by increasing the cost of withdrawals. They are scared of the SEC but they also want their fucking money and will do whatever they can to prevent you from taking all of your money out.

>> No.3547736

>>3547469
you deserve it trading on that gay hipster fag nigger site

>> No.3547774

so, what exchangers do you suggest, /biz/?

>> No.3547789

>>3547709
That's never good, time to switch.

>> No.3547795

Realistically speaking, what difference does it make? You're only going to withdraw relatively large amounts and infrequently.

>> No.3547801

Yeah, it cost me 7 dollars to move 300 dollars to binance.

That's kind of a bit considering that aren't doing anything special.

>> No.3547817

yea, i noticed the transfer fee of ltc is higher now too. it used to be .002

>> No.3547849

>>3547795
I use it to send small payments to people who work for me, 30-50 withdrawals per day.

So now I gotta
>require my workers to earn more before being paid
>force them to accept payment in bitbean
>find another way

I never send monero but I see its up to 0.04 transaction fee now.

>> No.3547886

>>3547849
What kinda work we talking here boss, i'd take bitbean

>> No.3547955

>>3547886
Its sort of like data entry, it pays very little, im still working on making like a place to easily earn cryptocurrency trying to work with different companys.

I gotta sort out this fee issue and then all my users will accuse me of raising fees to scam them.

>> No.3547977

>>3547469
wtf? they can't just do this without telling customers.

>> No.3547999

anyone going to cryptopia?

>> No.3548033

>>3547849

... why would you keep your main stash of crypto that you use for day-to-day business on the exchange?

>> No.3548035

>>3547774
poloniex is ok after a long wait to get verified, enabled 2FA and withdrawals of ETH are instant, BTC takes a bit.

>> No.3548045

>>3547977

The fees are listed on the website when you open the withdrawal form.

>> No.3548317

>>3548033
I need to send out 100+ different cryptocurrencys which I might have to rethink.

I know coinpayments.net is a decent processor that I use but I still have to go like Gemini -> Bittrex -> Coinpayments.net to get the specific coins I need.

I keep most of my coins in bitcoin on gemini and sort of buy as needed. I usually just buy on the exchange right before sending which led me to notice the huge fee increase.

I only hold like the crypto for my obligations as im currently in lean startup mode and have no extra funds for buying crypto for myself.

>> No.3548366

>"All trades have a 0.25% commission."

You suck at math.

Sell everything AND NEVER TRADE AGAIN STUPID RETARD.

>> No.3548800
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3548800

QTUM from 0.01 to .1 fee for a 10x increase.

Golem from 0.01 gnt to 4.5 GNT fee for a 450x increase.

Its just odd how its random coins and randomly 5x, 10x, 50x, 450x instead of an across the board increase.

>> No.3548821
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3548821

>>3547736
Oh and where would a fine conasur like you trade? Fucking coinbase?

>> No.3549335

>>3548821
It's connoisseur you stupid fuck.

>> No.3549476

>>3549335
Fuck you English wasn't my major

>> No.3549501

so what exchange now that bittrex is no good

>> No.3549510

>>3547469
>Trading on ((Bittrex))

It only gets worse anon

>> No.3549600
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3549600

>>3549510
w-whats a good exchange with an API