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  1. #1
    Inegnous's Avatar
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    Used Binance like an Idiot

    I moved all my BTC from coinbase to Binance cause the country I'm moving to has no coinbase support. However, Binance has this ridiculous 23$ withdrawal fee on BTC. Anyone know a workaround? perhaps an alt coin on Binance with lower fee that I can transfer? Please do let me know

  2. #2
    dennisek78's Avatar
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    No, that's the fee you'll have to accept.

  3. #3
    WalterWhiten's Avatar
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    Quote Originally Posted by Inegnous View Post
    I moved all my BTC from coinbase to Binance cause the country I'm moving to has no coinbase support. However, Binance has this ridiculous 23$ withdrawal fee on BTC. Anyone know a workaround? perhaps an alt coin on Binance with lower fee that I can transfer? Please do let me know
    binance rapes my dude they got me like this too. BNB THEIR currency has lower fees I believe but I think you can only use it on their platform not sure.

  4. #4
    alem289's Avatar
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    Quote Originally Posted by Inegnous View Post
    I moved all my BTC from coinbase to Binance cause the country I'm moving to has no coinbase support. However, Binance has this ridiculous 23$ withdrawal fee on BTC. Anyone know a workaround? perhaps an alt coin on Binance with lower fee that I can transfer? Please do let me know
    You can move it back to coinbase using XRP with no fees. The problem: Coinbase don't let you change XRP to any other coin.

    Try out with CELO or USDC.

    Celo has 0.01$ fee and USDC has 15$ fee wich is the lowest in comparison to the $29 from BTC.
    Don't be afraid, daybreak has come.

  5. The Following User Says Thank You to alem289 For This Useful Post:

    Luverdark (04-10-2021)

  6. #5
    Inegnous's Avatar
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    Yeah I was looking at BNB but it dont work on coinbase. I wish I knew before I pulled a stunt like this

    - - - Updated - - -

    Quote Originally Posted by WalterWhiten View Post
    binance rapes my dude they got me like this too. BNB THEIR currency has lower fees I believe but I think you can only use it on their platform not sure.
    I wish I knew before I transferred everything Lmao

    - - - Updated - - -

    Quote Originally Posted by alem289 View Post
    You can move it back to coinbase using XRP with no fees. The problem: Coinbase don't let you change XRP to any other coin.

    Try out with CELO or USDC.

    Celo has 0.01$ fee and USDC has 15$ fee wich is the lowest in comparison to the $29 from BTC.
    Damn, I'll try this. I'll let you know how it goes

    - - - Updated - - -

    converting to Celo worked, barely any losses. Thank you guys so much. except for the first guy @dennisek87

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    Luverdark (04-10-2021)

  8. #6
    Mafiatuga's Avatar
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    I should have been here 2 hours ago before making my 1st purchase on binance xD anyway I bought crypto for the long term so in the future I hope to consider 30$ withdraw cheap xD

  9. #7
    alem289's Avatar
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    Quote Originally Posted by Inegnous View Post
    Yeah I was looking at BNB but it dont work on coinbase. I wish I knew before I pulled a stunt like this

    - - - Updated - - -



    I wish I knew before I transferred everything Lmao

    - - - Updated - - -



    Damn, I'll try this. I'll let you know how it goes

    - - - Updated - - -

    converting to Celo worked, barely any losses. Thank you guys so much. except for the first guy @dennisek87
    I hope it worked! drop a thank if you want ♥
    Don't be afraid, daybreak has come.

  10. #8
    SSJGoku's Avatar
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    binance is pretty good to be honest, btc fees are just high

  11. #9
    IKOIk203432's Avatar
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    I'm using binance now too, the fees are extremely high. Not worth investing small money in it

  12. #10
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    Not worth using Binance. Their fees are insanely high compared to other places.

  13. #11
    Investemeter's Avatar
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    Its not binance its btc fees.. you can always convert it for example to XLM ,XRP..

  14. #12
    alem289's Avatar
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    Quote Originally Posted by Investemeter View Post
    Its not binance its btc fees.. you can always convert it for example to XLM ,XRP..
    The fees are high too in Ethereum network. Better use CELO wich has no fee at all (0.01$)
    Don't be afraid, daybreak has come.

  15. #13
    Allura's Avatar
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    I dont think Binance has withdrawal fees? At least it didnt even I withdrew mine in Jan. You might be refering to the fee which they use to send the transaction (a transaction fee). And $23 sounds about right for BTC (depending on the amount).
    I barely use MPGH IM, Send me a private message to reach me faster!
    Also I currently don't sell anything!



     
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  16. #14
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    Try changing to other Cryptos then cashout or do p2pbaswell

  17. #15
    SeriousHorse's Avatar
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    You can use LTC have very less fees

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