Withdrawing bitcoin

[skrlte]

Hello, i have a question. I'm trying to withdraw BTC from my Binance account to pay for proxy service , but i'ts written that "Amount to withdraw must be at least 0.00100000" . Is it only for binance or for all other platforms too? Because i need to pay a small amount of money and binance doesn't allow me to pay this amount, so if i'd use another platform , would it work?

 

[Johnik]

Binance is an exchange, not a wallet. The minimum withdrawal amount is so high because of BTC transaction fees.
Solution: Withdraw BTC to some WALLET like Exodus and send from there

 

[skrlte]

Binance is an exchange, not a wallet. The minimum withdrawal amount is so high because of BTC transaction fees.
Solution: Withdraw BTC to some WALLET like Exodus and send from there

you mean i should withdraw BTC from binance to exodus and then pay for a service ? but binance won't allow me to do small withdraw, and im holding all my funds in the binance..

 

[88HtLbpQ]

A valid solution has been provided. Why are you still complaining?

 

[tr4n3]

you mean i should withdraw BTC from binance to exodus and then pay for a service ? but binance won't allow me to do small withdraw, and im holding all my funds in the binance..

You should never keep all of your funds at one exchange place. Binance is good but still, better make a cold wallet to keep the funds you are not actively trading with.

 

[ADA Lovelace]

I think you also can convert btc to Litecoin or XLM that have low fees and send it to a wallet, after that, convert ltc to btc using pancakeswap or similar. I have never withdrawn btc so I don't know the fees
After that, send ltc to binance and swat ltc to btc without fees

 

[Local SEO]

I've seen lowest fee on localbitcoins but binance is too high.

 

[nersande]

from
https://www.binance.com/en/fee/cryptoFee

you need to withdraw your intended sum plus the withdrawal fee.
if you buy more regularly, it is recommended to withdraw once from binance a bigger sum to your wallet, then pay from there.

(likely fees will incur on exodus, but just the transaction fees, not the withdrawal fees)

 

[CPANathan]

Swap for USDT and then all your issues are solved.

 

[tr4n3]

Swap for USDT and then all your issues are solved.

I would not recommend Tether to anyone, the whole thing looks like a giant scam (bitfinex too). Coffeezilla breaks it down nicely on youtube.

 

[cardonewes]

I would not recommend Tether to anyone, the whole thing looks like a giant scam (bitfinex too). Coffeezilla breaks it down nicely on youtube.

Probably true but it's too big to fail. There is always some tether FUD but nothing comes of it anyway.

 

[jentl3m4n]

Solution:
1. Exchange desired amount on binance to BUSD.
2. Goto siteshift.ai
3. Set there exchange from busd to btc
As btc address specify the address that you have to transfer btc to (proxy service address)
4. Send Busd with zero fee withdrawal fee from binance to generated siteshift address.
Result:
Get instant swap and tx payment to your proxy service
Note:you can try other than Busd con if it does not fit you as a middle coin

 

[Sandman_]

You don’t pay for small things with btc too much fees.

use bnb or busd