7 votes

Does GDAX charge network transaction fees?

I could confirm GDAX does not have any network transfer fees. It could be unbelievable, specially if you started with Coinbase(like most people now), but it's the fact, as it's confirmed in all of ...
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  • 71
6 votes
Accepted

Is it normal to be asked for an advance fee on a withdrawal?

Never pay to receive a withdrawal. If they wanted to send you money, they could deduct the fees from the sum they claim you own in your account. It's a common scam to be asked for money so that you ...
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  • 9,789
4 votes

How do I withdraw money from BitPay?

According to their support site it should be on it's way without you doing a thing. I quote: If you choose to take settlement in bitcoin, BitPay will forward bitcoin payments to your bitcoin ...
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  • 1,418
4 votes

Does GDAX charge network transaction fees?

I just bought BTC on Coinbase, I then transferred that BTC to GDAX and then sent the BTC from GDAX to Binance. NO FEE!!! If I would have withdrawn in Coinbase to Binance, $200 of BTC would have had a ...
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4 votes

Is it normal to be asked for an advance fee on a withdrawal?

No, when transferring or selling Bitcoin you don't ever have to first pay any sort of extra fee in advance. Being asked to pay in extra money for any sort of fee is a trick of confidence tricksters (...
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3 votes

How can other parties track the inflows, outflows, and reserves of exchanges?

Most exchanges aren't publishing this data, some are even trying to hide as much of it as possible, using separate wallets and trying to be smart about change progression. A lot of the analytic ...
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  • 1,564
3 votes

Withdrawal process

Who said you earned 12000k from 350 ? if it is just written on a website maybe it is fake, also there is no need for verification fee and ID in the bitcoin network, if you send him coins using bitcoin,...
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  • 2,361
3 votes
Accepted

Is withdrawal of BTC in cash possible on Bitcoin Wallet App

But I see no option there for withdrawal Because withdrawal is not the appropriate action, the money is not in a bank account. The money is already in the form of cash - digital cash. If you want to ...
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3 votes

Address not valid when withdrawing money from Binance

Note: You cannot withdraw to a bitcoin wallet as it is an entirely different network. You would need to install a wallet that supports the so called "Vibrate" cryptocurrency, then use that to ...
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3 votes

Error transferring bitcoins to another wallet

This is unrelated to Bitcoin itself. Bitpanda has a minimum withdrawal amount, and it seems that you do not have at least that amount to withdraw. The amount seems to be the equivalent of 100 USD (...
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  • 231
2 votes

How can I transfer my Bitcoins from Coin Cafe to my local MultiBit wallet?

It is not clear what you have tried so far, but step-by-step you want to do something along the lines of this: In Multibit create a new receiving address by clicking the "New" button. On Coin Cafe ...
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  • 62.4k
2 votes

Check if received bitcoin are in blockchain/not pending without a transaction id

It's not how all exchanges are handling this. Bitstamp is sending bitcoins in batch transactions. That means it is sending your bitcoins to your address and other users' bitcoins to their address in ...
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  • 3,148
2 votes
Accepted

Transfer BTC from Coinbase to Bittrex: fee static or percentage

The transaction fee is neither static nor a percentage of the amount you transfer. It is based entirely on the size of the transaction in bytes (because a transaction is just data). Since you have no ...
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  • 60.4k
2 votes

When are you charged a withdraw fee?

There isn't really a notion of "withdrawing" from cold storage. Bitcoin isn't a bank and you don't make deposits and withdrawals. You have some coins in an address, that's all, and you can spend ...
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2 votes

Is it normal to be asked for an advance fee on a withdrawal?

This a good example on what these kind of scams look like:
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2 votes
Accepted

Is it normal to pay a fee to buy bitcoins and then pay a fee to send them?

From the values you present, it appears that Binance has a flat fee of 5 mBTC for withdrawals of less than 0.1 BTC. While transaction fees in Bitcoin scale with the data written to the blockchain ...
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  • 62.4k
2 votes

what's having 0.0001 Bitcoin mean?

Your screenshot says that the minimum withdrawal amount is 11 000 000 sats and your wallet's total funds appear to be 14 600 sats.
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  • 62.4k
1 vote

Why are there so many recipients when I send money from one exchange to another?

When you bought bitcoins on Bybit, Bybit added the corresponding Bitcoin balance to your account. Your request to withdraw your funds to your Coinbase wallet caused Bybit, in the role of the custodian ...
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  • 62.4k
1 vote

Understanding cryptocurrency exchange working

When users deposit cryptocurrency into an exchange, the exchange takes custody. The cryptocurrency is now the exchange's and the exchange adds a corresponding balance for the depositor to their books. ...
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  • 62.4k
1 vote

how to get bitcoin off an exchange?

Receiving funds in Bitcoin is an asynchronous and passive process. A sender creates a transaction which consumes some unspent transaction outputs (UTXO) and assigns the freed-up value to newly ...
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  • 62.4k
1 vote

Is it a good idea to deposit directly into a service when withdrawing from another?

Many services explicitly warn users against this practice, including in their withdrawal terms clauses like "you may only withdraw to an address which is controlled by you." This is likely ...
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1 vote

Replace-by-fee Problem

Please i have an Account with BlockChain but i notice my account has a withdrawal of all my BTC which was not done by me. It has Replace-By-Fee What might have happened? If you did not initiate ...
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  • 17.2k
1 vote

Withdraw and deposit in cryptocurrency exchange website

So server need to do more than one transaction: 2 BTC from his own deposit address and the rest 3 BTC from another address that server manages. In this scenario we must pay fee for at least 2 ...
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  • 17.2k
1 vote

How to withdraw or transfer to bank account

Bitcoin is not tied to bank accounts but instead lives on a distributed ledger known as a blockchain. This ledger is verified and stored by thousands of nodes across the world. Selling and buying ...
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  • 552
1 vote

How do different blockchains communicate?

Cryptocurrency exchanges are generally taking custody of your funds while you are using their service. You send a deposit of fiat to their bank account or cryptocurrency to an address under their ...
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  • 62.4k
1 vote

Is it possible to withdraw other cryptocurrencies besides bitcoin (ex: etherum) into a Bitcoin paper wallet?

It may work, depending on the currency. You will likely be able to send BCH to a BTC paper wallet, and LTC to a BTC paper wallet with a 3-address, due to address format overlaps. You will not be ...
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  • 16.4k
1 vote

Is withdrawal of BTC in cash possible on Bitcoin Wallet App

This is a difficult question to answer. At different points, this question will have different answers. In the bear market that we are currently in, the value of Litecoin has fallen dramatically but ...
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1 vote

I tried to withdraw coins from Binance but they were lost on the blockchain. I need help from an expert

transfer that had an invalid receive address (the address started with a "3", not an "L") An address starting with 3 is a valid LTC address, so Binance could not have known this is not where you want ...
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  • 16.4k
1 vote

Bitcoin Withdrawn from Cryptobridge not showing up on my Bitcoin Core Wallet

I have no information on Crypto-bridge. Currently, no transactions seem to have been broadcast to the network for your address. You should confirm that you sent BTC to you Bitcoin Core wallet (and ...
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  • 3,116
1 vote
Accepted

Just received a payment twice from coinbase

What I see in the transaction record is a bit different from what you describe. I see that account 1FT4bog... received 0.01 on November 12th. That same account spent virtually all of that (0.009292) ...
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  • 1,334

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