MultiversX Tracker is Live!

Kraken flat withdrawal fees are awful

All Cryptocurrencies

by COINS NEWS 24 Views

Withdrawing ETH from Kraken right now would cost you 8.95 USD with the flat fee system. If you were to use your own wallet or another exchange that uses fees based on the current congestion of the blockchain, the highest you would pay is 0.56 USD, this might change at the time you're seeing it so let's just assume less than 1$ (check for yourself https://etherscan.io/gastracker).

Kraken needs to end this rip off of a system and establish a dynamic fee which would be calculated at the time of withdrawal as any wallet does.

I tried posting this on the Kraken subreddit, but it keeps getting deleted, "Sorry, this post was removed by Reddit’s filters.".

submitted by /u/BRRGSH
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments