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Withdraw fees

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On 5/24/2020 at 1:39 PM, Fzack said:

I found that certain coins have low withdraw fees for example LTC (withdraw fee 0.002) likewise TRX ( withdraw fees 10 cents) waves ( withdraw fee 0.002) 

What i actually wanted to know is does these withdraw fee also fluctuates as the value of btc does or it is just constant as it is?

 

Please react♥️ and motivate to make more topics.

 

@Fzackhey dear you have created a really good topic for every one as we know we all are here to earn and we need to withdraw so should have knowledge about it's withdrawal fees also of different accounts like payoneer and perfect money and of different coins.

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The current withdraw fees in bitcoin and etherem is very high because bitcoin and ethereum price is increased. It is a good idea convert bitcoin in lite coin and tron when we want to withdraw because these coins withdraw transaction fees is very low and the transaction time is also very fast

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Yes I belive that's Some currencies have low withdrawal fees compared to bitcoin.I say withdrawal fees actually depends on the currencies. i think bitcoin fees always high in every exchange because bitcoin prices high.

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You are right my friend, I also use now LTC as withdrawal method which has the low amount of fee as 0.002 LTC. I have read before about it in this forum, and the before that post, I was using USD withdrawal method in which I was paying 2% of my amount in USD in Perfect Money.

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On 5/24/2020 at 9:39 AM, Fzack said:

I found that certain coins have low withdraw fees for example LTC (withdraw fee 0.002) likewise TRX ( withdraw fees 10 cents) waves ( withdraw fee 0.002) 

What i actually wanted to know is does these withdraw fee also fluctuates as the value of btc does or it is just constant as it is?

 

Please react♥️ and motivate to make more topics.

 

Based on my own view, withdrawal fee depends on the value of the coins you are using to withdraw. if you us litcoins to withdraw, don't expect your withdrawal fee to be thesame with the person using XRP to withdraw because the value defers from one another. That is my take

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Hello friend, low-wage digital currencies whose wages do not change with the market value of those digital currencies, but wages change as the value of the amount to be converted increases

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On 5/24/2020 at 1:39 PM, Fzack said:

I found that certain coins have low withdraw fees for example LTC (withdraw fee 0.002) likewise TRX ( withdraw fees 10 cents) waves ( withdraw fee 0.002) 

What i actually wanted to know is does these withdraw fee also fluctuates as the value of btc does or it is just constant as it is?

 

Please react♥️ and motivate to make more topics.

 

Yes buddy of course the price of LTC fluctuates as the price of BTC fluctuates. The price of these coins are dependent on the price of BTC. Higher the price of BTC higher the rate of these coins.

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The withdrawal fee depending open the coin no the yobit account so there is multipul choise you can pay ti in XRP or USD as well

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I think the withdrawal expenses are fixed however in the coin cost, for instance XRP has a withdrawal charge of 0.5 XRP, it will remain this way yet on the off chance that the cost of XRP ascends to $1 it will become $0.5 so the incentive in USD may change yet in XRP it remains the equivalent

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It's constant, if the ltc fee's are 0.002 you'll always pay 0.002 even if the price reach 1000$. In these days ltc is the best option for transferring money.  If you try to withdraw your earnings with using bitcoin you'll probably lose almost all of your earnings that's why litecoin and xrp can be used for transfering money.

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My guess is that the higher the price of the coin, the higher the fee to withdraw it. Each coin has a certain value. All its aspects are considered according to the price.

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As a biginner,I know nothing about charges after withdrawal because no transaction has taking place yet.but little by little we will get there.

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The withdrawal charge depends the cost of the coins a lot with exorbitant cost have high withdrawal expense and coins with low cost have low withdrawal charge, however the charges don't change with the value variances. 

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Good one @Technology you have a good point there because Bitcoin transaction fee in most exchangers I know is 0.0012 btc which I also think is too high for someone like me and due to such reason we need to consider making use of the listed coins you mentioned.

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On 5/24/2020 at 4:39 AM, Fzack said:

I found that certain coins have low withdraw fees for example LTC (withdraw fee 0.002) likewise TRX ( withdraw fees 10 cents) waves ( withdraw fee 0.002) 

What i actually wanted to know is does these withdraw fee also fluctuates as the value of btc does or it is just constant as it is?

 

Please react♥️ and motivate to make more topics.

 

Currently there are very good alternatives as you mention, now if they become congested or their demand increases a lot, their fees and their price rise, so it will arrive at some point where their fees will be high and not only because of the transaction but because the currency rose a lot, An example of this is Waves, which recently cost 8 usd.

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Thanks for giving knowledge about withdraw fees, because I has different knowledge from experts, I'm newcomer in this platform I haven't make withdraw once, but this will help me to have experiences when the time of my withdraw occurred.

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this is normally WHEN prices of any coin incraese then it's fees also increase in market and vice versa . I always select TRX coin for took withdraw from Yobit Account , fess in TRX is 10Trx that's is normal and affordable...

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Withdrawal costs primarily rely on the kind of foreign currency. When the foreign currency is a large one, such as bitcoin ethereum after that, the costs may also be much more. Additionally, costs depend upon the number of withdrawals. As well as yet another thing this modifications type trade foot trade

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On 5/24/2020 at 2:39 PM, Fzack said:

I found that certain coins have low withdraw fees for example LTC (withdraw fee 0.002) likewise TRX ( withdraw fees 10 cents) waves ( withdraw fee 0.002) 

What i actually wanted to know is does these withdraw fee also fluctuates as the value of btc does or it is just constant as it is?

 

Please react♥️ and motivate to make more topics.

 

Litecoin does not have the lowest withdrawal fee among cryptocurrencies.I always withdraw or transact at this coin.Those who want to withdraw can withdraw at litecoin.

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Well, apart from the other expenses you mentioned below, I also have food, XRP and pocket money in my pocket because I have money. It's cheaper than Bitcoin.

Yes, in addition to the other prices listed below, I would also like to bring XRP and Ubiquit to my vault as food is also provided. It's cheaper than Bitcoin.

Production largely depends on quality. Because the price of the item is constantly rising. Bitcoin is the highest price of a coin. That is why this work continues. It costs about $ 70, but actual production is low for XRP, TRX, XLM or LTC. 

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On 5/24/2020 at 9:39 AM, Fzack said:

I found that certain coins have low withdraw fees for example LTC (withdraw fee 0.002) likewise TRX ( withdraw fees 10 cents) waves ( withdraw fee 0.002) 

What i actually wanted to know is does these withdraw fee also fluctuates as the value of btc does or it is just constant as it is?

 

Please react♥️ and motivate to make more topics.

 

Well done mate, the withdrawal fee are all good. I don't think the withdraw fees is fixed it change with time, The fee may fluctuate due to the rize or fall in the price of bitcoin or other related issues. Thanks

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On 5/24/2020 at 9:39 AM, Fzack said:

I found that certain coins have low withdraw fees for example LTC (withdraw fee 0.002) likewise TRX ( withdraw fees 10 cents) waves ( withdraw fee 0.002) 

What i actually wanted to know is does these withdraw fee also fluctuates as the value of btc does or it is just constant as it is?

 

Please react♥️ and motivate to make more topics.

 

Well, I think that it all depends on the price of the coin. The higher the price of the coin, the higher the withdrawal charges. From what I have learnt from this platfor,  I will advise that you convert your BTC to a lower coin before withdrawal so that the charges won't be much. One love bro💖

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Everything will depend on the value of the cryptocurrency where you want to withdraw, without a doubt this is not the same if you withdraw in waves which is one of the lowest commissions in yobit, to withdraw by btc which is the most expensive cryptocurrency in the market right now .
 

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Actually this withdraw fees depend upon the price of the coin. As we can see in same platform bitcoin have more withdraw fees then any other crypto coin. When price of coin fluctuates its withdraw fee will also fluctuate. 

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I have concluded a rule that the higher the currency’s price, the higher the deposit and withdrawal fees for it.
Also, the network used for transfers, withdrawals, and deposits plays a role in the fee rate.

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