Most economically efficient withdrawals from bittrex
Good Thursday steemit,
Recently I came across a dilemma faced by many bitcoin users trying to move their coin from a big exchange to a smaller exchange for a quick megaprofit. The problem was the withdrawal fees and transaction time. At current price the Bitcoin withdrawal fees from bittrex is approx $4. This is a big amount for small withdrawals. So I've tried to solve the problem by listing the currencies on bittrex with lowest withdrawal fees. The users can convert their bitcoins into the listed currencies for withdrawal and upon the completion of transfer convert them back into Bitcoin.
| Sl no. | currency | withdrawal fees in said currency | withdrawal fees in USD | |
|---|---|---|---|---|
| 0 | XDN | 0.01 | 0.00002 | |
| 1 | PTC | 0.002 | 0.00003248 | |
| 2 | XLM | 0.01 | 0.0002 | |
| 3 | XVG | 0.2 | 0.0004 | |
| 4 | BITB | 0.2 | 0.0005 | |
| 5 | SC | 0.1 | 0.0007 | |
| 6 | PINK | 0.1 | 0.001158 | |
| 7 | RDD | 2 | 0.002 | |
| 8 | DGB | 0.2 | 0.00269 | |
| 9 | DOGE | 2 | 0.003 | |
| 10 | XMY | 0.2 | 0.004 |
| Note: All currencies mentioned above are present on at least four exchanges with the exception of XDN which is present on only two exchanges namely bittrex and hitbtc. |
Remember that prices can change greatly in cryptocurrency market. So always personally verify the price before converting.
If you're wondering which of these have the fastest transaction then the answer is DGB
Happy trading!
If you liked my post/my post helped you in getting a Bugatti or two, I wouldn't mind some donations at the following addresses
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Are you the anon from /biz/? Great stuff. I'll be following the website too. globalhalo.com right?