Binance and others reduce Monero fees to about 1 yen, while Zcash expects improved convenience on exchanges
Lower Monero Withdrawal Fee to 0.0001 XMR (Equivalent to $0.01)
On the 26th, this prompted Bittrex and Binance to announce reductions in withdrawal fees. Both exchanges have lowered Monero withdrawal fees to 0.0001 XMR (equivalent to $0.01). This trend may extend to other exchanges. Members of the Monero community are launching a campaign to seek further fee reductions.
One Reddit user said, "Please take the necessary steps to lower XMR withdrawal fees. I am filing a complaint against Coinex, which currently charges 0.04 XMR."
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