Cryptocurrency Q&A What crypto app has the lowest withdrawal fee?

What crypto app has the lowest withdrawal fee?

CharmedWhisper CharmedWhisper Thu Oct 10 2024 | 6 answers 1394
I'm looking for a crypto app that offers the lowest withdrawal fee. I want to be able to withdraw my funds without paying a high fee, so I'm interested in finding out which app has the most competitive withdrawal rates. What crypto app has the lowest withdrawal fee?

6 answers

Raffaele Raffaele Sat Oct 12 2024
When it comes to centralized cryptocurrency exchanges (CEX) offering competitive fees, several notable platforms stand out. Among these, Crypto.com is a popular choice for traders seeking low costs. With a Maker fee of just 0.075%, Crypto.com offers a highly attractive option for those looking to minimize transaction expenses.

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Martina Martina Sat Oct 12 2024
In addition to its low Maker fee, Crypto.com also imposes a Crypto withdrawal fee that is quite reasonable. For Ethereum (ETH) withdrawals, users are charged 0.005 ETH, while Bitcoin (BTC) withdrawals carry a fee of 0.0006 BTC. These rates are designed to ensure swift and secure transactions while keeping costs in check.

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Isabella Isabella Sat Oct 12 2024
Kucoin, another prominent CEX, offers slightly higher fees compared to Crypto.com but remains a competitive option. Its Maker fee stands at 0.1%, while ETH withdrawals are charged at 0.005 ETH, similar to Crypto.com. However, Kucoin's BTC withdrawal fee is slightly higher, with users incurring a combined fee of 0.0004 BTC plus an additional 0.001% charge.

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KimchiQueen KimchiQueen Sat Oct 12 2024
Binance, the world's largest cryptocurrency exchange by trading volume, also features competitive fees. Its Maker fee is set at 0.1%, aligning with Kucoin's rate. When it comes to withdrawals, Binance offers even lower fees for ETH and BTC, charging 0.0023 ETH and 0.00025 BTC respectively. This makes Binance an attractive choice for traders seeking to maximize their profits by minimizing fees.

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GinsengBoostPowerBoostVitality GinsengBoostPowerBoostVitality Fri Oct 11 2024
Gemini, another reputable CEX, adopts a different fee structure for withdrawals. Instead of a fixed fee, Gemini charges a Network fee for crypto withdrawals, which can vary depending on the blockchain's congestion levels and other factors. This approach ensures that users pay only for the actual cost of the transaction, potentially leading to lower fees during times of low network congestion.

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