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CryptoZombie

YoBit's Withdraw fee is high.

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I don't know if y'all are aware that the withdrawal fee for Yobit is 0.0012btc, that amounts to the earnings made after making 120 posts on this forum.

What are your views on this?

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you are aware there lots of other coins you can buy first with your balance and then transfer that to your account, but trust me trading in yobit is very profitable.

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You can convert Bitcoin to any other currency and withdraw it is not necessary to withdraw through Bitcoin Withdrawal fee done by TRX, 2000 Satoshi You can exploit this for withdrawal

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27 minutes ago, CryptoZombie said:

I don't know if y'all are aware that the withdrawal fee for Yobit is 0.0012btc, that amounts to the earnings made after making 120 posts on this forum.

What are your views on this?

You can solve your fee issue by converting you Bitcoin to ltc or waves etc. Because rates from these coins are stable and affordable. There is no doubt the yobit is fast exchange and you can make 0.001BTC in minutes if you have big capital of BTC. Afterall we are humans and if we earn 0.0012 BTC for fees we become greedy to earn more. So be absolute and puctual when performing suc actions. Double check your addresses alwas.


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5 minutes ago, Richard said:

You can convert Bitcoin to any other currency and withdraw it is not necessary to withdraw through Bitcoin Withdrawal fee done by TRX, 2000 Satoshi You can exploit this for withdrawal

right, sell all your earning to TRX. after that you can withdrawl with low fee is 10TRX.

if you withdrawl with BTC, You will never get anything, because it runs out for a fee

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32 minutes ago, CryptoZombie said:

I don't know if y'all are aware that the withdrawal fee for Yobit is 0.0012btc, that amounts to the earnings made after making 120 posts on this forum.

What are your views on this?

Just buy litecoin with your bitcoins and then withdraw. For some reason they keep the bitcoin withdrawal fee too high. Litecoin (preferably), eth, waves have a lot cheaper withdrawal fees than bitcoin. Doge is also high I don't know the reason.

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33 minutes ago, CryptoZombie said:

I don't know if y'all are aware that the withdrawal fee for Yobit is 0.0012btc, that amounts to the earnings made after making 120 posts on this forum.

What are your views on this?

Compare to other Exchanges it is very high since the Fees exploded some 1-2 years ago Yobit never made it lower again to cash out Bitcoin. If I need to cash out BTC on yobit I exchange it in dgb and send the dgb to an exchange where the fee is way cheaper.

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25 minutes ago, LokiApeka said:

right, sell all your earning to TRX. after that you can withdrawl with low fee is 10TRX.

if you withdrawl with BTC, You will never get anything, because it runs out for a fee

DGB and waves are best in this regard.  waves cost only 0.002$ to withdraw any amount from yobit. and ltc is so good also. i costs about 0.12$


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1 hour ago, CryptoZombie said:

I don't know if y'all are aware that the withdrawal fee for Yobit is 0.0012btc, that amounts to the earnings made after making 120 posts on this forum.

What are your views on this?

yes, the commission on bitcoin is not small, but on other exchanges it is not much different, there is an alternative option, it is to buy other coins for bitcoins and withdraw them practically without commission, for example doge or dgb

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I see that Yobit is contributing a lot to the growth and spread of cryptocurrencies around the world. This campaign is rated 10, and it will surely reach many people and thus help in the growth of the market and the adhesion of more and more people. Congratulations and good posts to all !! Yobit a great exchange !!👍

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5 minutes ago, Emma said:

DGB and waves are best in this regard.  waves cost only 0.002$ to withdraw any amount from yobit. and ltc is so good also. i costs about 0.12$

it depends on each person's taste, if I prefer to use TRX to withdrawl because 5 minutes landing in my wallet.

so make your own choices in my opinion.

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5 minutes ago, LokiApeka said:

it depends on each person's taste, if I prefer to use TRX to withdrawl because 5 minutes landing in my wallet.

so make your own choices in my opinion.

yes sir, i  know that, it depends on users taste. i just told him the way and shared my options. thanks for paying time to my posts


                        EmmA

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I generaly convert my BTC to ETH and send to blockchain wallet then I make a Swap ETH>BTC and doing this I still saving 50% of fees, of course this is with little amount of BTC less than 0.01 when I make big profits I don´t care the Yobit fee and move my earning directly in BTC.


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I recomend to all to use WAVES to withdraw from yobit.  It also much faster than Bitcoin. Waves is accepted by all famous exchanges I think.   You should not use BTC for small amounts on chain, it will overload mempool. I hope you understand


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I saw that the withdrawal fee for ETC is very cheap, that is 0.005ETC. Very cheap, it's just 500sat.
but the weakness requires 200 confirmation for landing in your wallet

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6 minutes ago, oecp85 said:

I generaly convert my BTC to ETH and send to blockchain wallet then I make a Swap ETH>BTC and doing this I still saving 50% of fees, of course this is with little amount of BTC less than 0.01 when I make big profits I don´t care the Yobit fee and move my earning directly in BTC.

This is the way what i am also doing but now i got one more way of more cheap fees and that is LTC even in localbitcoins site their are LTC buyers. and sellers so it is more cheap.


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1 hour ago, CryptoZombie said:

I don't know if y'all are aware that the withdrawal fee for Yobit is 0.0012btc, that amounts to the earnings made after making 120 posts on this forum.

What are your views on this?

why not you just exchange it to another coins for cheap fees?

example if you have bitcoin exchange it into ltc/xrp and the fees for both of it just around 0.12$

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Don't withdraw BTC at Yobit because a high transaction fee, a member here if want
withdraw their BTC first convert to another coin. Lots of choices coin depends on each taste. 
If I prefer convert BTC to LTC. Because the transaction is cheap and fast delivery in about 2 minutes 
already arrived if choose LTC for withdraw.

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39 minutes ago, susilabai said:

This is the way what i am also doing but now i got one more way of more cheap fees and that is LTC even in localbitcoins site their are LTC buyers. and sellers so it is more cheap.

Really? that´s so good... But unfortunable for my I never see a LTC buyer in LocalBitcoin for my local fiat, maybe I have to make a better research the next time I change BTC to fiat.

That could be great becouse sometimes the procees to swap ETH>BTC in Blockchain wallet can take a long time.


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3 minutes ago, oecp85 said:

Really? that´s so good... But unfortunable for my I never see a LTC buyer in LocalBitcoin for my local fiat, maybe I have to make a better research the next time I change BTC to fiat.

That could be great becouse sometimes the procees to swap ETH>BTC in Blockchain wallet can take a long time.

That is why i just go to localbitcoins and directly sell to the user and get BTC and immediately sell btc to fiat currency, same process in one place.

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39 minutes ago, susilabai said:

That is why i just go to localbitcoins and directly sell to the user and get BTC and immediately sell btc to fiat currency, same process in one place.

Wow now I got you´re idea and I can do the same, I really apreciated you recomendations, for sure a more cheap and quick way to convert my BTC in fiat.

Thank you very much.


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@JBRUNZGAMING

@GiveawaySquad

 

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actually the bitcoin withdraw fees are really high 0.0012 btc on binance are less than half 0.0005 btc, obviously it's better to first change to xrp or doge and then do withdraw...


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Yes I guess its high on Yobit to withdraw BTC, but for example you could sell your BTC on Yobit, and then buy XRP, which has a low fee around $0.14 or 0.5 XRP. DGB is also very cheap. 

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why the fee is big because if they make a small fee they will go bankrupt with a volume that is not original.  now proven coinexchange.io is closing soon.  why because their fees are so small, one of the examples of WD doge in Coinexchange does not reach 100 dogs.  while on yobit if you wd doge fee of 500. so it's reasonable a large fee to maintain their market.

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1 hour ago, duncun007 said:

you are aware there lots of other coins you can buy first with your balance and then transfer that to your account, but trust me trading in yobit is very profitable.

I would love to know how trading on yobit is more profitable than some exchange because there's no difference between it and other exchange and aside from that, not everybody would love to convert there coin everytime to bypass the high withdrawal fee. 


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