Tips to have less fees! To new here

[sarahmoses202020 251]

When I first started making withdrawals in yobit, I lost a few dollars because I was withdrawing through a coin that has high withdrawal fees. After a while I was able to figure out that it is possible to withdraw in other currencies, and since their fee was less I decided to give then a try.

[Onden 2098]

It is true that if we get BTC from Yobit and want to withdraw it requires a fairly large fee, for that before making a withdrawal you can convert it first to another coin, it could be XRP or Litecoin, but in my opinion the cheapest fee is Litecoin around 0.002LTC.

[SvenIronheart 44]

This will be really helpful for me when I start getting paid, good thing the wallet I'm going to used accepts XRP. I notice that bitcoin have a really high transaction fee that's why this tip is very useful for everyone who is new to this forum or even new to cryptocurrency.

[Cryppro 1008]

We used to earn really less amount but the fees we have to pay in the withdrawal is very high and your information was very useful because this is life saver for me. Because in bitcoin we have to pay 10$ as the fees but the fees in the XRP is very less.

[Lazzi 424]

Thank you very much my friend for this, I believe it will help me cut down excessive charges amount while withdrawing my found to my desired wallet, and also other newbies here too will greatly appreciate this post.

[Taji050899 195]

Hi, yes i'm new here no person i found to help me about this topic. So please guide me How i Converts the coins through Yobit. I have no account on yobit. Please give me Complete procedure. I will be thankfull to you for this. 

[FA1891MA006 367]

Hello dear friend!

Thanks for your precious information as I'm new here and i have not withdrawn anything yet. But reading your post I'll follow your instructions to save my earnings and will pay less fee. Thanks 

[scorpiali 5626]

The most user in yobit exchange or any other exchange dint use the bitcoin to withdraw her funds, there is many way that he can do with the withdrawal, like ripple and litecoin digibyte and more on yobit with a low fees ,xrp is good fast and low fees

[Salmanmsk 580]

Hi mates I hope you're having a great day I just asked that if you want to withdraw your money from yobit then convert from other coins that will avoid high tax on btc

[Arslan Ch 2163]

Thanks for the information dear friend.It'll help us most of the people who has no idea about the withdrawal price. You are right that Bitcoin has the high withdrawal fee so we should try other options pf withdrawal. XRP is really a good Option .It has low withdrawal fee as compare to other coins. 

[The shiekh 793]

Yes it's no doubt that at this forum withdraw fees of amny currencies is very high like the Bitcoin. But I will withdraw my balance through the litecoin because it's fee is very low and transportation is secure and fast.

[Sajjuhaq 156]

Thanks mate for sharing this knowledge. Gained new information. Now I can do as you said rather than withdrawing btc directly and reduce high charges. 

[Mike1515 2977]

Yep the withdrawal fee for yobit bitcoin its usually 120,000 satoshis , thats 12 dollars and at the current market price of bitcoin its easily 26$ so thats expensive when you can withdrawal any amount for only just 0.5$ on ripple, thats right only that infact its not 0.5$ its only 0.1$ an and you can withdraw any amount .

[Agusmada 223]

In my little experience I suggest my opinion is me withdraw any amount use to trx. TRX is very low volume withdrawal fee and quick transaction.

[VijithaVarghese 1994]

Thank you for sharing this information my friend. This is really helpful for the members.  Converting the coins into currency can really help reduce the fee. I think fee is something that reduces our earning compared to what actually we are supposed to be payed.

[riazpakistani 911]

On 1/31/2020 at 11:52 AM, Gg233 said:

Well, I just want to share to everyone who is new here or to those beginner. If you want to withdraw your earning to your desired wallet from Yobit then convert it with other coins because if you withdraw it in BTC it has High fees. In my case I used XRP it has 0.5 withdrawal fee. Hit that like if this help you. Thanks.

Dear @Gg233 you share the right thing about the exchange rate which one is best.

It's obvious that XRP exchange rate is less than BTC. 

During my search I also find some other that also charge less i.e litecoin 

[Crypto-Warrior 506]

@Gg233 thanks for such a nice topic to discuss. Yes, withdrawing bitcoin satoshi from Yobit requires very high transaction fee, as a new member, I have no such idea to reduce the withdrawal fee. After going through your topic I found this helpful for me and every new-comer to follow as you have described to convert into other coin first then withdraw in XRP will reduce the amount of transaction fee, Thank you so much. 

On 1/31/2020 at 4:48 PM, doriahailee said:

As you said XRP was good option but not all exchange or wallet have this. Try another alternative like Litecoin, Dash and ethereum, I think the fee was reasonable and really low.

@doriahailee you have also guided well here and I appreciate your efforts to guide other members like me thanks! 

[BraveHeart01 1569]

You can even use the ltc with 0.002ltc as a fee per withdrawal wich is far less than any other withdraw method as the use of ltc is less too.

[Md shah 598]

Hello my dear friend I am agree with you .I think that you are right that Bitcoin is very high fees so we convert the other currency like as litecoin and withdraw at the cryptotalk forum .l am newbie I can not withdraw my money at the forum .when we withdraw our money .I will choose the litecoin .I think litecoin is very low fees at this forum .

[Quickbee 26]

Thanks for introducing this topic. This is especially useful for beginners who have yet to earn their first coin and also for just new members. The fee for withdrawal is an important factor for withdrawal.

[bhattiumair 250]

it all depends on your wallet and exchange...it just cheap fees but for confirmation it take time.. you want to withdraw your earning to your desire wallet from yobit then convert it with other coins because if you withdraw..

[qudrat 1]

Yes, I totally agreed with you my friend because from converting our high fee crypto coins to lower fee coins, we can earn good profit when the time of withdrawal. XRP, LTC, ETH and deoge coins are low transaction fee.

 

[Sufi Ali 397]

Thanks Thank you fo this information for the new members. I also observed that Litecoin is the only one currency which has the lowest withdrawal fees. And Furthermore, if we withdraw our money from yobit by changing it in LTC then we will get more cash with low tax i e.fees.

[Ummah97531 615]

Yes, I agree with you. In fact you are right that Bitcoin has a very high fee so we convert other currencies to Litcoin.  When we withdraw our money, I will choose Litcoin. Basically Litcoin is a very low fee in this forum.

[Alexbhati12 0]

On 1/31/2020 at 11:52 AM, Gg233 said:

Well, I just want to share to everyone who is new here or to those beginner. If you want to withdraw your earning to your desired wallet from Yobit then convert it with other coins because if you withdraw it in BTC it has High fees. In my case I used XRP it has 0.5 withdrawal fee. Hit that like if this help you. Thanks.

Hello hope you will be fine and doing good.

You are right i agree with you XRP and litecoin has less fee as compare to other coin both have its own benifits. But i had a question in my mind that why the fee of BTC is so high.