This may have been a temporary measure due to the network congestion that Binance also suffered last weekend.
Kraken seems still to be the solution 
Also BTC_MEDIANTXFEESUSD and ETH_MEDIANTXFEESUSD and many similar ones in TradingView.
Do I understand correctly that
You mean wallet that is created inside their app, not to any address I want?
Easy mode is their own app (bluewallet fork) but you can also use your own wallet. The only requirement for own wallet is to be able to initial sign a tx (kyc)
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Let’s talk about cash deposit options and fees.
Kraken: CHF, EUR. Free.
Gemini: EUR, free.
Bitfinex: EUR via an external service, 0.5 EUR.
Coinmetro: EUR, 1 EUR.
EUR deposits are also possible with crypto.com and Coinbase, but I don’t see how I can do anything useful with them further.
According to my research, Lykke has 0 deposit and withdrawal fees for CHF. Can anyone confirm?
Bitpanda has CHF deposits and withdrawal. And BTC withdrawal fees seems to be low. Anyone using it? What are the CHF deposit and withdrawal fees?
Thanks everyone
From my side, I can recommend an automated anonymous straight to the wallet crypto swap service
Exchange fees are 0.5% float (or 1% fixed which I don’t use) + network fees which are usually lower than withdrawal fees from exchanges. I send USDT on SOL from mobile Exodus wallet.
Kraken and Bitfinex allow free Bitcoin deposits and withdrawals on the Lightning network. Does any other exchange provides this option?
Yes, I used them in the past and did not pay any deposit / withdrawal fees. But they have relatively large spreads and that’s how they make money. For instance, this is the current USDC/USD orderbook:
For smaller amounts, this corresponds to a 0.14% fee, which is pretty competitive. For larger amounts, Kraken may be better.
Thank you! I have estimated 0.055% spread now on BTC/CHF spread on Kraken. Could you please estimate spreads for BTC/CHF and XLM/CHF on Lykke? I might buy XLM to input funds into the crypto environment.
What about Lightning Network, is it supported?
BTC/CHF buy is currently 0.17% lower than the market rate. For XLM/CHF, it was 0.5% when I checked.
Does not look like Lightning is supported, they do not mention it on the deposit page and only mention “please use the following address on the Bitcoin blockchain network.”. L2s like Polygon are sadly also not supported, which is one of the main reasons to go with Kraken for me (as bridging can be pretty expensive when gas fees are high).
https://www.bitstamp.net/fee-schedule/
Do I understand correctly that bitstamp offers 0 trading fees for low turnovers, free EUR SEPA deposits and EUR crypto pairs? That’s extremely advantageous conditions, I wonder why nobody had commented on it before (or did I miss something)?
By the way, I tried Coinmetro: made 2 BTC withdrawals, in both cases fees were below 1E-5 BTC. I really wonder how can they offer it…
Bitstamp was more expensive before (0.5% fees for lower volumes). Seems they noticed that they are pricing themselves out of the market.
But I started with them too in 2013, because they seemed reliable and accessible. I switched to Kraken later, because they sell more products.
I think they got bought by some Korean crypto company some years ago. Also if I remember correctly they provided SQ with the backend for crypto trading (with crazy fees).
That’s my misunderstanding, actually. The withdrawal fees for anything except ETH and ETH tokens is variable 0.15% fee, as indicated in their fees page. So, it is great for small amounts, which is my case.
I’m at my monthly BTC DCA. Some news about fees and prices for buy and transfer? Kraken has lower the fees??
Which platform have you used so far? If you’re doing DCA on BTC, why not use your usual platform?
The BTC withdrawal fee at Kraken went down to 0.00005 BTC, which is still too high for me. What works for me last few months for weekly BTC purchases in small amounts (thanks everyone for your tips):
- Transfer EUR to Bitstamp (free)
- Buy XRP for EUR (no fees for small monthly volumes, low spread)
- Transfer XRP to Coinmetro (0.02 XRP, negligible)
Then an “expensive” part starts. There is a XRP/BTC trading pair, but the spread is so high that I prefer to
- Sell XRP to USD (0.1% fee, significant spread)
- Buy BTC for USD (0.1% fee, low spread)
- Withdraw BTC to a self-hosted wallet (0.15% fee).
All in all the purchasing costs accumulate to around 0.5%, but there is no fixed cost!
For ETH I didn’t figure out anything better than
- Transfer EUR to Gemini
- Buy ETH for EUR (0.4% fee, low spread)
- Accumulate ETH for few months
- Wait for Sunday morning when most people are sleeping and ETH transaction fees are low.
- Withdraw ETH to a self-hosted wallet (network fee).
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It was too good to be true and it’s gone. From November 1st they have fixed withdrawal fees. BTC withdrawal will be 0.0004 (yes, 3 zeros).
Now it is back to Kraken as I don’t see anything better.
- Regularly transfer small amounts in CHF, buy BTC.
- Withdraw via Lightning network to my mobile Exodus wallet (free).
From time to time:
- Check news for problems at Kraken,
- Deposit accumulated BTC via Lightning network
- Withdraw on the base level.
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Also gone
On November 21, 2023, we’re ending our no trading fee promotion, which previously applied to 30-day trading volumes of less than $1,000.
Well, looks like now it is Kraken as a ramp-on.
Bitcoin blockchain mining fees somehow went down to a lowest level in many months. I have some long pending transactions being confirmed on Sunday, and the fees remain at the same level until now.
If you need to transfer BTC on chain, now it’s a good moment.