This is Binance's latest explanation on why the withdrawal fees are so high for ERC20 token:
In order to address this, we must first look at the Ethereum blockchain. This image (http://prntscr.com/hyrjmm) shows the growth of Ethereum transactions since the release of Ethereum. You can see that recently there has been an exponential increase in the volume of transactions occurring on the Ethereum Blockchain. What this means is that transaction fees are very competitive right now. If you want your transaction to be prioritised, you are required to pay higher miner fees. Our dynamic system is configured to set the fees to the equivalent of 0.01 ETH/ withdrawal. This amount does not change based on the quantity you withdraw in one withdrawal because on blockchain, a $50 transfer paying a $5 fee is treated the exact same as a $500,000 transfer paying a $5 fee.
https://np.reddit.com/r/binance/comments/7qxig5/binance_updates_and_suggestions/
However, when we check the fees at https://ethgasstation.info/index.php, the fees are not as near as high as Binance claims. So Binance is effectively gouging its customers. And worse, you can't even bring any discussion about "fees" in r/binance/ or your thread gets removed by the Automod.
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