You are viewing a single comment's thread from:

RE: Poloniex doesn't accept Steem or SDB, and Bittrex has Huge Fee ( min 0.001 BTC, roughly 2.5$! ) My tip how to make the best of this situation.

in #steemit8 years ago

In total you will have to pay 0.75% fees for all the exchanges your doing, that means once your over about 333.33$ that is already more than 2.5$. Not including the 2 withdrawal fees. Also you always have to watch all the current exchange rates on the different exchanges and beware since they may go down during the transaction time.

So I dont think its worth it.

Sort:  

What you wrote is exactly the number when you get a wash - everything below is worth it and above not. I don't think I can reach anyone who is just casually withdrawing +333USD from account ( I was doing just 10 SDB ) so it was aimed for anyone trying to get out let's say 10 - 50 USD in which case is Very worth it.

Nonetheless thanks for comment :)