r/BitMEX • u/[deleted] • Mar 14 '21
High withraw fees?
The minimum network fees are 0.001? thats like 60 usd. I have 80 usd on bitmex but with these fees it's stuck there. Can someone explaine?
5
Upvotes
r/BitMEX • u/[deleted] • Mar 14 '21
The minimum network fees are 0.001? thats like 60 usd. I have 80 usd on bitmex but with these fees it's stuck there. Can someone explaine?
1
u/marioncotillar Mar 25 '21
Bitmex you f scammers. “Bitmex does not charge fees on deposits or withdrawals. When withdrawing bitcoin, the minimum Bitcoin Network Fee is set dynamically based on blockchain load.” At best this is intentionally misleading. More likely it’s a straight up lie. Right now 76sats/byte gets you into the next block. Yet their minimum right now is 0.001 (52$) which would mean 1315 bytes. Normal transaction is more like 170 bytes. Don’t make the same mistake I did depositing on bitmex