Ethereum: Transfer BTC from Coinbase to Bittrex: fee static or percentage

I can’t give financial advice. However, I can provide some general information about blockchains. Will this help?

If you’re thinking about transferring Bitcoin (BTC) from Coinbase to Bittrex, here are some factors to consider:

• Transfer Fees:

  Coinbase charges a fee for each transaction, which can range from $2 to $10 per transfer, depending on the amount and payment method. Bittrex also charges a fee, although it’s usually lower than Coinbase.

• Percentage vs. Fixed Fees:

  

Ethereum Potential: Transfer BTC from Coinbase to Bittrex: Fixed or Percentage Fee

• If you’re transferring a small amount of Bitcoin (less than $100), the transfer fee may be a fixed percentage of the transaction amount, rather than a flat, fixed fee.

• Coinbase fees are usually calculated as a percentage of the transaction amount, so if you have a small balance and need to transfer a small amount (less than $10), the fee can be around 1-2 cents per bitcoin. However, it ultimately depends on the amount and specific wallet configuration.

Bittrex fees are usually lower, with an average fee of around 0.0005-0.001 BTC for small transactions (less than $100). This is a more efficient use of your bitcoins, but may not be as attractive if you have a large balance.