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Mmastodon BusinessCrypto first seen 19 h ago, last 12 h ago, peak #2

Crypto traders warned exchange fees can eat 1-2% of small transfers

Original: Fee check before your next move: CEX withdrawal + deposit fees can eat 1-2% of a small transfer. Instant fixed-rate swap

A claim circulating in crypto circles warns that combined withdrawal and deposit fees on centralised exchanges can consume 1-2% of a small transfer, eroding returns before funds are even moved. The message promotes instant fixed-rate swaps between coins like BTC, ETH, SOL and LTC without an account or KYC verification. It urges traders to check fee structures before their next transfer.

Why now: Rising concern over hidden costs on centralised exchanges is pushing traders toward no-KYC swap alternatives.

centralised exchangesBitcoinEthereumSolanaLitecoin

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