03-11-2021, 12:56 PM
Can we all collectively agree that Binance withdrawal fees are ridiculous and do som
<!-- SC_OFF --><div class="md"><p>Can we @ cz on twitter? Can we make a fuss about this? Some exchange/platforms are now offering free withdrawals or x free withdrawals per month, however Binance increased some withdrawal fees just yesterday. </p> <p>Let's see some examples:</p> <p>BTC - 0.0005 = $28</p> <p>ETH - 0.008 = $14.4</p> <p>BAT - 24 = $21</p> <p>LINK - 0.6 = $18</p> <p>AAVE - 0.1 = $41</p> <p>A person that has $1000 between only these 5 assets will lose $122. That's over 12% in fees, around 10% in Binance favor depending on gas costs.</p> <p>If one has a few more coins, which is more than likely, the percentage increases by a lot. Binance want to keep coins on their exchange at all costs, we as users should complain about this.</p> <p>Suggestions?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/JustFoundItDudePT"> /u/JustFoundItDudePT </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/m2c268/can_we_all_collectively_agree_that_binance/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/m2c268/can_we_all_collectively_agree_that_binance/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Can we @ cz on twitter? Can we make a fuss about this? Some exchange/platforms are now offering free withdrawals or x free withdrawals per month, however Binance increased some withdrawal fees just yesterday. </p> <p>Let's see some examples:</p> <p>BTC - 0.0005 = $28</p> <p>ETH - 0.008 = $14.4</p> <p>BAT - 24 = $21</p> <p>LINK - 0.6 = $18</p> <p>AAVE - 0.1 = $41</p> <p>A person that has $1000 between only these 5 assets will lose $122. That's over 12% in fees, around 10% in Binance favor depending on gas costs.</p> <p>If one has a few more coins, which is more than likely, the percentage increases by a lot. Binance want to keep coins on their exchange at all costs, we as users should complain about this.</p> <p>Suggestions?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/JustFoundItDudePT"> /u/JustFoundItDudePT </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/m2c268/can_we_all_collectively_agree_that_binance/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/m2c268/can_we_all_collectively_agree_that_binance/">[comments]</a></span>Kind Regards R