How much does it usually cost you to withdraw form exchange?

SamLewis

Supreme Member
Joined
Oct 25, 2012
Messages
1,343
Reaction score
1,058
I have been using Bittrex for about 7 months and Binance for about a month.

I didn't check before but realised today when I went to transfer bitcoin to tether on Bittrex that I would get about 10% less than what Bitcoin was selling for.

I have also used coinbase in the past and similarly the difference between buying and selling was about a 10% loss.

Where's the best place to sell and how much do you usually get compared to the average/market buying price as 10% is a terribly high price?

Thanks
 
go here https://coinmarketcap.com/currencies/tether/#markets
sort by price. (you can look at same table for any coin. many are making a killing doing arbitrage. buying a coin on one exchange for $1 and selling it on another exchange for $1.3)
congrats you identified the best place to sell at the highest price
oh but what about the fees? easy. search "<name of the exchange> fees" on google and you'll learn all about them.
data overload? make an excel sheet to keep track of everything
 
go here https://coinmarketcap.com/currencies/tether/#markets
sort by price. (you can look at same table for any coin. many are making a killing doing arbitrage. buying a coin on one exchange for $1 and selling it on another exchange for $1.3)
congrats you identified the best place to sell at the highest price
oh but what about the fees? easy. search "<name of the exchange> fees" on google and you'll learn all about them.
data overload? make an excel sheet to keep track of everything

Useful, Thanks
 
go here
sort by price. (you can look at same table for any coin. many are making a killing doing arbitrage. buying a coin on one exchange for $1 and selling it on another exchange for $1.3)
congrats you identified the best place to sell at the highest price
oh but what about the fees? easy. search "<name of the exchange> fees" on google and you'll learn all about them.
data overload? make an excel sheet to keep track of everything

Do you still make profit? What about fees? That sounds to way to easy.
If you buy for example Litecoin with USD on one exchange plattform and then you go to another plattform and sell them for higher price. How much time would it take to do all these steps?
 
Do you still make profit? What about fees? That sounds to way to easy.
If you buy for example Litecoin with USD on one exchange plattform and then you go to another plattform and sell them for higher price. How much time would it take to do all these steps?
It sounds this easy because it is easy.
How fast can you click a mouse?
Fees are tiny.
 
Back
Top