"Rush to convert our currency"

[Sofia Bravo 704]

It is true that we should not sell our coins all the time, we should only sell when we go to withdraw money because if we sell all the time we can lose money or they charge us a lot of fees

[teebasas 3018]

Most of us convert Bitcoin to other currencies before withdrawal because the fees for withdrawing other currencies are lower, but people must choose the appropriate currencies in order not to lose any money when making the transfer.

[Sarfraz008 557]

Yobit alternate withdrawal charges low examine to different trade, but simplest bitcoin fees high but its not matter due to the fact so many low expenses coins to be had in yobit like litecoin ripple and so many, however individually I use litecoin due to the fact this coin charges low zero.002 LTC and do not withdrawl each day take some time week are tens days then withdrawl your budget.

[AirHead 382]

On 5/26/2020 at 2:39 PM, abualez said:

 my friends Taking hasty decisions in converting bitcoins that we have on the yobit platform to other currencies because of the imposition of fees on the bitcoin is something that we are taking quickly. So my friends advise you not to take the decision of transfer except after a well-thought-out plan and to calculate the profit and loss fundamentally and how much interest you will get from this transfer.

I agree, these days the price of the btc is getting unstable and the value of talk is also decreasing. So be mindful of the values before converting your btc so you can get a good value rather than rushing things.

[cryptovlek 2597]

So you can keep your Bitcoin for longer in the exchange and withdraw less, perhaps once every after many months, but you are right it is high for withdrawal fees, although the blockchain fees are also very high. Close to $10 for a transaction at times.

[RoyalHouse01 9]

the quick action is main thing to do in the world of the cryptocurrency because it is the main thing in the trading world and the decission on the time is the best way to do in the profit earning.

[koynayak 1923]

Yes the bitcoin withdraw fee's are too high, but you can use alternative ways if you want to withdraw your bitcoin. Xrp and litecoin is a great option beacause if you want to withdraw your btc as a xrp you'll only pay 0.25 xrp and if you want to withdraw as a ltc you'll pay 0.02 whic is literally nothing. I know some people doesn't want to do that but we can save some money with doing that. I prefer ltc because it's the cheapest way to withdraw.

[Wanderdark 2178]

You are very right my friend. Trying to avoid paying fees by converting funds may cause us to lose money if that specific coin dumps as we are doing the transaction. I lived this issue several times and even lost more money than the original transfer fee once. So we should be careful and don't make this when the coin is volatile. We can check it's current volume to detect this issue. if volume is low at that moment that it may be safer using the coin to convert  

[Iman33 0]

Indeed, the trading process is a difficult process that requires experience in order to be able to win after that. As for the transfer, the price of Bitcoin has increased, and therefore the transfer process will be high and rise more when withdrawing. When making the transfer, you must pay attention and caution.

[alaarami 103]

Of course, the process of converting the Bitcoin currency is an expensive process through the conversion process, where you have to take the appropriate decision in order to convert that currency, or the currency can be converted to another currency and you convert it and so the fees are few daily happy

[Ajhar6 185]

I think if you plan to withdraw to a Bitcoin wallet, I recommend doing just that every one or two months, to reduce the total fee you pay.  Otherwise if you plan to return to another exchange, you can buy Ripple, Litcoin or Wave and send these coins instead.

[Jonathan200321 880]

I think the same as you friend before transferring or something we should make sure and pay attention to whether we are doing the right thing or making the right decision so later we do not want to back down so we have to wait for the best moment to transfer and convert our chosen currency and that will suit us at the right or ideal time.

[Nupeboy 627]

We should not always rush to convert our currency because we may end up loosing and at the end of the day we will not be able to gain any profit and our hard work will go in vain

[Whizdon 441]

This is the perfect timing to convert into real money. Cryptocurremcies are online cash that can be exchange into real money of fiat currency. Rush to convert if there is an opportunity

[Roarnoman12 621]

Thanks a lot for your wise decision. You have rightly said that there is no need to make hasty hasty decisions in changing bitcoins in currencies. This cannot give us much benefit. We should wait for high prices.

[Danial0999 557]

Yes, my friend, you are right. We must study a good plan and not hurry with our decisions in trading so that we do not lose everything we have, we must work smartly to get profits

[Zamani1 17]

On 12/13/2020 at 6:21 PM, alaarami said:

Of course, the process of converting the Bitcoin currency is an expensive process through the conversion process, where you have to take the appropriate decision in order to convert that currency, or the currency can be converted to another currency and you convert it and so the fees are few daily happy

@alaarami You are right mate. One just need to careful when converting Bitcoin to avoid one from converting it to an unknown currency one is not familiar with that can even lead to loss and this is the reason why one has to understand the proper steps in converting any cryptocurrency like Bitcoin.

[alaarami 103]

14 hours ago, Zamani1 said:

@alaarami You are right mate. One just need to careful when converting Bitcoin to avoid one from converting it to an unknown currency one is not familiar with that can even lead to loss and this is the reason why one has to understand the proper steps in converting any cryptocurrency like Bitcoin.

Of course, we have to be careful for that, as any step that is incorrect will lose money. We have to follow the correct steps in order to avoid running into risks. Thank you, dear, for the distinguished comment.

@Zamani1

[Cryptic 0]

I discourage everyone to transfer their crypto in a form of Bitcoin, since Yobit only offers the transaction with fastest transaction time and because of that it has also a high transaction fee. I would suggest to convert first all of your cryptocurrency into XRP, because it has a cheapest transaction fee with fastest completion time. That's how I always transfer my balance in Yobit to my personal wallet and it really saves me a money especially in transaction fee.

[Mubarak Salihu Ahmed 1350]

Yes you are right my friend alot of us rush and make panic conversion of our cryptocurrencies but I think we shouldn't convert all the time,it is advisable to do that when making a withdrawal.you may hold your earnings in bitcoin at the yobit exchange then exchange them to other crypto coins with low transaction fees.

[Alexbhati12 0]

Hello friend, Indeed, obviously, you should consider the cost of the cryptographic money prior to doing the transformation cycle and study the chance of making benefits from this exchange, else you will lose part of your digital currency..

[Mrbeen890 5]

I think because i will more profit to hold and trade the coin rather than spending and we must be careful and wait for the appropriate time during which we can transfer the money and achieve some profit.

[betelihem 4766]

44 minutes ago, stuartjohn21 said:

Bitcoin withdrawal fees are very high in any exchange. I usually withdraw my Bitcoin by exchanging into for LTC to withdraw into my wallet. LTC has very low fees and there are few coins as well which have low transaction fees.

You are right the withdrawal fees for bitcoin and etherum is high than other less priced crypto coins like litecoin and XRP, and that because bitcoin and etherum have high price, so i also use litecoin for withdrawal in order to decrease withdrawal fees.

[jnbezchess 1066]

On 5/26/2020 at 9:39 AM, abualez said:

 my friends Taking hasty decisions in converting bitcoins that we have on the yobit platform to other currencies because of the imposition of fees on the bitcoin is something that we are taking quickly. So my friends advise you not to take the decision of transfer except after a well-thought-out plan and to calculate the profit and loss fundamentally and how much interest you will get from this transfer.

the litecoin is the best choice for transformation , the fee of it is so low about 0.002 ,it's nothing Comparison of  anothere currency taxes.

[Siam50 923]

Of course, cryptocurrencies can be easily converted online.  However, cryptocurrency prices fluctuate so you have to choose the right time to convert.  Then you can easily convert it into our currency.  Cryptocurrency is very popular nowadays and people are easily interested in working in crypto.  So convert cryptocurrencies at the right time to avoid losses.