Why is HitBTC fees so high?

I bought a small amount 8.97 of Veritasium and HitBTC wants 1 whole Veri to take them out (right now that is $35. bucks… yikes) Is this normal? And now with my remaining ETH I traded for 10000. Dent coins and when I go to move them out they, HitBTC wants a flat fee of -4418. Yikes this site is pretty crazy in fees.
thanks so much for any help,
CheyAnne

So update. HitBTC did take 4418 of the 10000 Dent, but didn’t take any of the 8.97 Veri. Have no idea why

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HitBtc fees are not updated nearly as often as they should be. They tend to set fee prices when the coin first launches and it takes a long time to go back and change it when it blows up. I’ve learned to avoid certain exchanges like Shitbtc for similar reasons. They have several shady things going on.

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thanks so much for your comment. I’m going to wait till this evening and then just get them out.

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updated the transfer

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Stay away from HitBtc mate, It’s labeled shady by many in the space and I also had a bad experience with them not being able to withdraw my funds.

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thanks so much CrytoHaze, I’ll check it out. I appreciate John McAfee for what he does.

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Guys, has anything changed with infamous exchange? I want to start accumulating one shitcoin and apparently hitBTC is the only centralized exchange with this certain coin. I’ve calculated my withdrawal fee and with my budget it’s reasonable to withdraw after more than half of the year accumulating. Does not sound convincing. Any ideas?

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Dunno. IMO, quite ordinary fees. Just depends on your personal trading vollume and market situation.

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if you trade high volumes, it’s the cheapest exchange

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I don’t know why would anyone risk high volumes with Hitbtc when you have much better and safer options.

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Hi. On other exchanges the fees are almost the same so I think it’s worth trying HitBTC. My experience with it is rather good as I’ve been traiding there for several months and faced no problems. I like their service too. Good luck.

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I can confirm HitBTC is stealing users funds under a false pretence of KYC/AML procedure. Withdrawal requests fail and the user is forced to provide all sorts of public information including ID, social network links and real IP without any just reason – a classic stalling tactic of an insolvent exchange.
Stay away from HitBTC or anyone promoting it. The exchange is bankrupt in layman’s terms.

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One of the worst exchanges. Between their fees and shutting down coins/tokens without notice and/or suspending accounts. It’s worth it to pay their fees just to get your crypto off of that exchange because the longer you are there, the more likely you will lose it all.

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I've passed KYC and withdraw my coins without troubles. I think this exchange is ok.
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With all due respect your contribution to this thread is quite fishy.

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54%20PM




It’s useless. It’s better for you “guys” to offer ETH on twitter
Came to the wrong place

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Hello! I read a review https://medium.com/swlh/hitbtc-exchange-review-is-it-still-usable-in-2019-b2847b5bc1dc about the hitbtc exchange. Do I understand correctly that it is not necessary to undergo verification, but is it possible that the exchange itself will ask you for the necessary documents when there is suspicious activity on my account?

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