itBit has a 15k daily limit and it can be increased on request. they accept NY residents. try their OTC market if you want to sell more than BTC. liquidity/order book depth is a bigger issue than fiat withdrawal limits if you want to sell high amounts. level 1. Oct 11, · HitBTC withdrawal fees are among the highest ones in the entire cryptocurrency world. I have just withdrawn Bitcoin Diamonds from this exchange and they charged 7 BTD, that is 15 USD transaction fee! Or if you want to withdraw any other alt coin or token, you will be charged between 8 – 20 USD worth of coins. Australia's premier secure cryptocurrency & Bitcoin exchange. Buy, sell and trade Bitcoin (BTC), Ethereum (ETH), XRP and more with AUD today.
Btc markets maximum withdrawalFrequently Asked Questions | BTC Markets
Additionally, the company settles its salaries in cryptocurrencies as well. HitBTC fees are among the highest fees for the crypto market. The company will often charge deposit fees, withdrawal fees, as well as trading fees for traders. Meanwhile, for new tokens they will charge listing fees, liquidity fees and marketing fees. HitBTC trading fees are based on " maker-taker " model with the purpose of narrowing the spread.
They have rebate system for makers thus, "makers" are encouraged to keep adding liquidity to the market. The "taker" is a trader who removes the liquidity from the book by placing an order that matches immediately with an existing order on the book.
Contrary to HitBTC takers fee, makers are getting incentives to create the liquidity in the market. HitBTC rebate program is designed to make people to place pending orders rather than instant orders.
On the contrary, they receive a 0. The "maker" is a trader who provides liquidity to the order book by placing a limit order below the best ask price for the buy and above the best bid price for the sell. Yes, you heard it right! You will have HitBTC deposit fees and they are flat! If you by accident deposit smaller than 0. This company has an appetite for fees! HitBTC withdrawal fees are among the highest ones in the entire cryptocurrency world.
Or if you want to withdraw any other alt coin or token, you will be charged between 8 — 20 USD worth of coins. HitBTC withdrawal fees are a rip off! This is due to the fact that most of the tokens listed on this exchange tend to tank in price. The biggest concern for people wondering if HitBTC is safe or scam. This company is jumping jurisdiction to jurisdiction to avoid regulation. However, sooner or later this will show its side-effects. The biggest issue about HitBTC is how they change their fees every now and then, followed by the way they change their address.
There are also many people claiming that HitBTC is scam. Unfortunately this is something we can not verify. Since this company is hiding their location, we consider their trust index is much lover from our perspective as well!
This basically means that you sell your crypto to someone you trust. If you know a person that you fully trust, then the transaction is simple.
The most important thing is to be very well-informed before jumping into converting cryptocurrency. Some ways are more secure, but they also come with daily limits, fees, and commissions. Others are limitless, like peer-to-peer, but they have their drawbacks too, like trust issues.
In any way, making an informed decision is going to lower your chances of being strip off your cash. Save my name, email, and website in this browser for the next time I comment. About Us Latest Contact Us. How to Source: bitcoin. Crypto Exchanges 2. OTC Brokers 3. Peer-to-peer Transactions. Source: cryptocoinsociety. Source: fox. Source: thepointsguy. Source: luckbox. Source: thecollegeinvestor. Source: crypto.