YoBit's Withdraw fee is high.

[hamadahajali 394]

Yes you are right, the withdrawal fee is very high for bitcoin but you can convert bitcoin to ltc and withdraw it because the withdrawal fee for ltc coin is very low compared to bitcoin

[Lunaa 238]

The only expensive fees in yobit is only for bitcoin though. The other altcoins are so cheap. That's why if I want to transfers my balance from yobit to other exchange, I will use other coin like doge maybe, or ethereum and tron.

[Apple 202]

2 hours ago, ubaid ur rehman said:

no its not that high its quite reasonable. Don't worry its a trusted site you can try different forums if you like

The fee may not be big for you if you wait for a month then withdraw your bitcoin. But 120 K SAT might still be too big for others. The only way is to buy ether or other coins that have a small transaction fee.

[Amin242424 25]

You can convert your currency to xrp, and thus you do not have large deductions, such as bitcoin and other currencies that take a lot from you when converting.

[Rickso 768]

On 10/10/2019 at 4:25 PM, 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?

only bitcoin has high fees, other coins have just a normal withdraw fees. so according to my point of view it is fine because if you don't want to pay that fee you can convert to another coin and withdraw that coin with lower fees

[Fatema01 0]

Simply buy Litcoin with your Bitcoins and then withdraw.  For some reason they keep the Bitcoin withdrawal fee very high.  Litcoin (as a priority), policy, waves have a much cheaper withdrawal fee than Bitcoin.  More on the dose, because I don't know.

[Ridam 7455]

On 10/10/2019 at 8:44 PM, 1millionClub said:

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.

Yes bro like you  i always exchange my Bitcoin earned from here with litecoin and do withdraw, the fee is very cheaper than Bitcoin in litecoin

[Rifrach 207]

if you are interesting in ETH you only need 0.005, hopefully it can help. don't read the last charge on yobit 0.0015, bro, forget, depending on the amount. faster transfers, btc transaction fees are relatively high, bro.

[BitMart 326]

1 hour ago, karolina35 said:

how can be the yobit profitable? because i hear after tradng on yobit when you withdrawl your payment it gets very highy fees charges so you have many lostso i think its not too much profitable but may be some little it is

Dear its profitable but you need some patience and skill because now its technology time so don't be dumb just post here as forum required as you reach on your payment process then convert your bitcoin in USD and withdraw through perfect money which is easily available for all its fees is also very low then you can use this payment very easily.

[jereclapz 42]

Helow! Good day! I Think its because they also give high points every post of 1000 satoshis per post, so they have to balance the rewards and fee to keep the members from getting addicted to posting hehe, just my opinion, Thanks and have a nice day!

[Vanessa 1266]

Yes yobit is quite high when it comes to withdrawal fee. Most especially with bitcoin, what I am doing with my payment is to trade it with ethereum because it has lower fee that bitcoin. You can also choose litecoin if this coin is supported in your wallet.

[MohammadMohsin 569]

You're right. The fee of yobit exchanges are really high. So that's why I convert my big currencies to small currencies to reduce the fee. 

[Cimmy_revenger 42]

Buy LTC using your BTC balance sir , and than your LTC you can withdraw with low fee just 0.002 LTC once transaction.

[alexisfuentes 2130]

53 minutes ago, Pop70 said:

Yobit has one of the highest fees for withdrawing bitcoin. Most of the exchanges have a fee of 0.0005btc or lower but on Yobit it is almost double than that so you should withdraw using other coin. 

Do not really, coinBase, Binance, Bittrex are higher than Yobit.

What exchange do you know with that fee of 0.0005 BTC, naming them is important for us to know, I'm very interested to know, please!
 

 

[Cr7seven 24]

Actually the transaction fee on yobit.net is high and am pleading to the developers to reduce as the charges is high

0.0012 btc is allot of charges for such transactions, I am pleading with owners of yobit.net platform to endeavor and reduce the charges because it is too high

[Whited35 15285]

There are tricks to minimize the fee too.To reduce the withdrawal fee, choose stable coins like XRP which withdrawal fee is extremely lower.You can chose Ether to withdraw. For that chose BTC to ETH trading pair in the trading page of yobit exchange.

[hamadahajali 394]

You can convert Bitcoin to Litecoin because the withdral fees for Litecoin  is very low 0.002 ltc which is very low compared to the Bitcoin withdrawal fee which is 0.0005 btc, this is a good plan from pexchanges to increase trading operations on the exchanges

[MuhammadSh 3067]

you can convert your currencies to another which require lower fees

this is the best thing you can do the decrease the fees !

[Calvinpriva 17296]

Yes its true the fee is very high but its only in bitcoin, just trade you bitcoins to other coins like ETH, LTC or any other then withdraw them to your wallet for a very small fee not much like for bitcoin.

[Ahmeddominik 126]

7 hours ago, ethannbenny said:

Not all yobit fees are high, as for bitcoin, I can probably say that it's high I think if you want to withdraw, I advise you should try and covert your crypto currency to any other crypto coin that have lower fees then you can withdraw

Yes my friend I am withdrawing by converting bitcoin to trx and doing the withdrawal

[Epic 289]

Switch to other coins like xrp or ltc then wthdraw. The fees are only in cents if you go that route. You can also do a big withdrawal of btc so the fees dont look that big.

[salman47042 23]

Do not withdraw BTC on YOBIT because of the higher transaction fees if you wish to be a member here
Turn their BTC into a currency first. The choice of many coins depends on each taste.
If I prefer to convert BTC to LTC. Because the transaction is cheap and fast in about 2 minutes
If you select LTC for the return, you have already arrived.

[Kauvincx 18]

Withdraws fees for bitcoin are always high due to the transactions network fees, which are very volatile. I personally recommend trade DGB and then withdraw to another exchange that accepts lower withdraw fee.

[Usman Abdulmumin 354]

You will only charged high fee if you try to wildraw your earnings from Yobit using Bitcoin direct, for you to have less fee exchange it to litcoin or UDS then Wildraw to perfect money /payee

[Nazrul76 68]

I suggest you that first you buy Litecoin with you earnings and then withdraw it. Litecoin withdraw fees is smaller than any other coin in Yobit I think.