Currently the fee to withdraw bitcoin from bittrex is 0.001BTC or 2.607$, money is money and you don't want to pay such high fees to transfer your bitcoin to another exchange. 

Don't worry you can pay less then a cent to transfer those bitcoins to another exchange, or better yet, <b>you can actually make money on the transfer.</b>

It's really simple!


First you find the cryptocoins in common between the two exchanges, you can use [coinmarketcap](https://coinmarketcap.com/exchanges) to find them.
For this example we're transferring from bittrex to yobit(maybe you've gone insane idk):

![Untitled.png](https://steemitimages.com/DQmW7nF8yuKXxZbxSHpmS2ZxxoHxH4bRkxBtXUPydPMAbbN/Untitled.png)

The coins should have at least more then 1% volume.

Now we compare the prices between the coins:

<b>In this example we are transferring 1 BTC.</b>

<h4>1.Ethereum:</h4>
* Prices:
  * On yobit: 267.01$
  * On bittrex: 264.83$
* Difference between the two: 267.01$ - 264.83$ = 2.18$ 
* 1 BTC = 9.84 ETH
* Transfer fee: 0.005 ETH (1.32$)
* Total price of transferring to yobit:   (2.18$ * 9.84) - 1.32$ = 20.13$

<h4>2.Waves:</h4>

* Prices:
  * On yobit: 4.47$
  * On bittrex: 4.50$
* Difference between the two:4.47$ - 4.50$ = 0.03$ 
* 1 BTC = 579.16 WAVES
* Transfer fee: 0.001 WAVES (0.03$)
* Price of transferring to yobit:   (0.03$ * 579.16) - 0.0045$ = 17.37$

<h4>3.Dash:</h4>

* Prices:
  * On yobit: 208.12$
  * On bittrex: 208.12$
* Difference between the two: 208.12$ - 208.120$ = 0.0$ 
* 1 BTC = 12.52 DASH
* Transfer fee: 0.002 DASH (0.41624$)
* Price of transferring to yobit:   (0.0$ * 12.52) - 0.41624$ = -0.41624$

<h4>3.Litecoin:</h4>

* Prices:
  * On yobit: 52.29$
  * On bittrex: 52.52$
* Difference between the two: 52.29$ - 52.52$ = -0.23$ 
* 1 BTC = 49.62 DASH
* Transfer fee: 0.002 dash (0.105$)
* Price of transferring to yobit:   (-0.23$ * 49.62) - 0.105$ = -11.5176$

Obviously the amount of coins directly influences the profit, the mathematical expression is a simple linear function (y=mx + b):

(PRICE_DIFF * N_COINS - FEE) = PROFIT
![84-rules-for-linear-functions-11-728.jpg](https://steemitimages.com/DQmeGbpqx4rGrBcnqKH6teNvmdQQEaAmsbcrPbgw5RnkUBk/84-rules-for-linear-functions-11-728.jpg)

Ok, so the highest profit seems to be etherum at 20.13$, so now what you do is:

1. Buy ether on bittrex
2. Send it to yobit
2. Sell on yobit

And there you go, you actually made money instead of losing money changing exchanges!
I reckon a bot could do this and make decent money transferring between exchanges.

That will be all, peace out.