scribdo on Nostr: I just helped a friend withdraw his bitcoin from crypto.com to his own wallet. I said ...

I just helped a friend withdraw his bitcoin from crypto.com to his own wallet. I said try with a small amount first, so he used the minimum amount of 0.001 BTC. He didn't pay close attention to the fee, after a while he said: "Why did I only receive 0.0005 BTC?". Turns out the fee for bitcoin withdrawals is a whopping 0.0005 BTC which is 50% of what he is withdrawing. That's nuts. Close to 50€ for access to his own funds. That's why you have to buy bitcoin using non-custodial methods. Don't support this kind of nonsense.