I wanted to send some LTC from an internal wallet on an exchange to an external wallet as I am a longterm holder and not planning on selling anytime soon. The exchange would charge 0.03LTC for that transaction (for sending just 2.15LTC in total). Wasnt the blockchain fee supposed to be one of the cheapest one for litecoin transactions as in just a few cents.
Is this common practice to charge these ridiculous amounts on exchanges for sending crypto to external wallets? I tried getting some info why its this high and all I got were some answers avoiding an explanation just confirming the high cost.