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Withdrawing from exchanges with ZERO fees

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@bitrocker2020
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Are you planning to multiple withdrawal and not pay for those nasty expensive exchange withdrawal fees ? Well .. you can opt to use FTX exchange.

FTX has announced that there is no withdrawal fees as they would pay for it. I'm sure some of you are already using this method.

https://help.ftx.com/hc/en-us/articles/360034865571-Blockchain-Deposits-and-Withdrawals#:~:text=There%20are%20no%20fees%20on,fee%20of%20up%20to%200.10%25.

For example if you bought ETH and wanted to withdraw it to your METAMASK .. you would normally needs to pay something like 0.005 eth for the transaction fee. SO why not ...

  • From your exchange eg. Binancem sell your whatever into USDT and transfer it to FTX using TRC20
  • Once there .. you could buy back your ETH or whatever coin you wanted and then withdraw to your wallet.

Simple as that !!! Yes it saves you about $5 - $10 each time you do it. If you gonna do it often, why not. As the fees do come up to a big amount as the price of crypto starts surging.

Cheers all and have a blessed Sunday !

Posted Using LeoFinance Beta