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Economy => Trading Discussion => Topic started by: Goodvalony on July 06, 2019, 02:29:56 PM



Title: Free Exchanges Fees? is this Possible.
Post by: Goodvalony on July 06, 2019, 02:29:56 PM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: OmegaStarScream on July 06, 2019, 02:48:57 PM
The exchange has to get money somewhere, to pay their employees and servers. I'm not aware of any exchanges that don't have withdrawal fees... but for no trading fees, you have Cobinhood (https://cobinhood.com/) (apparently, they host airdrops as well).


Title: Re: Free Exchanges Fees? is this Possible.
Post by: o_e_l_e_o on July 06, 2019, 02:50:45 PM
can we possibly have an Exchange with little or No fees for trading and transfers of token.
How do you propose the exchange survives then? Given that hosting costs money, where will that money come from if not from exchange or withdrawal fees?

we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges
I would hardly say you are being left out since you aren't contributing anything. You claim tokens for free, and you want to use exchanges for free as well? Why is there any requirement for other people to operate a loss to cater for you, if you aren't going to put anything in yourself?

If you don't have time for bounties or trading, then can I suggest you get some crypto the old fashioned way - buy it with fiat. Your only other option for selling tokens without using an exchange is via peer-to-peer trading. There is a sub-board for altcoin trading here: https://bitcointalk.org/index.php?board=161.0.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: rdbase on July 06, 2019, 02:53:31 PM
Even if the exchange fees were lowered or charge nothing they will find a way to incorporate their fees some other way just to recoup the cost of offering 0 to no exchange fees.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: buwaytress on July 06, 2019, 03:38:07 PM
Don't fall for no-fee exchanges (there are some actually, and they usually have 0 fee promotions when they start out). There are so many ways exchanges make money, they are after all companies whose primary motivation is profit. And that's right and fair.

Basically, there are 3 main ways to make money. Fees, which is an exact charge for a service either in a fixed amount or a percentage. Commission, which is what brokers charge for arranging the trade (you're either the maker or taker of an offer, matched by the exchange who acts as the mediator to broker the deal). And then, there's the spread. The exchange I use has a pretty high fee compared to others but they got a lovely spread, meaning I don't lose too much if I suddenly change my mind and buy back the BTC I just sold a while ago. On the other hand, there are exchanges with no fees but a really huge spread between buy and sell.

Think of exchanges as those money changers you see in most cities. They have signboards some of them who say No fees or Zero Commissions... but they could have really shitty buy/sell rates (huge spreads).

I suppose the ideal future of atomic swapping on cross platform DEXs means people literally exchange P2P across blockchains, so only need to pay miner fees or maybe smart contract fees.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: Shenzou on July 06, 2019, 04:50:04 PM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.
I don't think that it is possible to have an exchanges without fees, exchanges act as the middle man between the buyer and seller and for them to provide that kind of service they need to have a way to earn money from it and that it is by taking some small fee, and if you don't want to use an exchange to sell your airdrops than you will find yourself losing those fees doing multiple transactions trying to move them around. and if anyone out there claims that they have a site that has no fees than it is 100% a scam and you should avoid it.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: Reatim on July 06, 2019, 05:08:37 PM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.
I doubt that the exchange that will offer 0 fee can turn into scamming because exchangers is not orphanages or charity that will give you service and take you no fees.

They need to survive and for that fees must be collected so the miscellaneous will be covered and also for them to have profit,maybe there are some who offers the lowest fees yet they need to collect to survive and continue serving the people


Title: Re: Free Exchanges Fees? is this Possible.
Post by: rosezionjohn on July 06, 2019, 05:37:51 PM
can we possibly have an Exchange with little or No fees for trading and transfers of token.
Trade on Etherdelta or Forkdelta.

is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.
I find it hard to believe that an airdrop hunter has no time doing bounties as well especially when you are wearing a signature. I also took a quick look in your post history and found out that you have been into a lot of bounties already.  


Title: Re: Free Exchanges Fees? is this Possible.
Post by: voltesbit777 on July 07, 2019, 06:46:22 AM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.

As far as I know, there is no exchange that will implement no charge in every transaction . Because this is one of the main reason why every

exchange platform survive in the market. Unless, you make a transaction with a persons which is close to you or someone trusted to you.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: poodle63 on July 07, 2019, 08:32:34 AM
Blockchain fee? Not possible as of now, maybe it is but you will wait centuries for your transaction to be confirmed. But, free exchange fee is possible. You or the community or someone else just need to create your own version of automated decentralized exchange using the available open source and then run it, the operational fee could be earned from the donation, other than that I don't see any possibility.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: gentlemand on July 07, 2019, 09:50:07 AM
There have been zero fee exchanges in the past. They made it up by charging high withdrawal fees, probably front running the trades of their customers and it turns out some were using customer funds in ludicrous non crypto 'investment' schemes without permission.

I would prefer to be charged fees and not be raped or exploited.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: Reid on July 07, 2019, 11:46:04 AM
Low trading fees will be possible but not free.
Same with withdrawals. Dynamic mode could really help if you are having problems with the high fees or you could try a pool to save some money.

We still have to be considerate with miners. The fees are for their little profit besides what they mine. The difficulty now is really high and with a long span before they can mine this fees will be their little profit or the very least income they could make to pay for electric bills.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: davis196 on July 07, 2019, 11:58:06 AM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.

Just put yourself in the place of a crypto exchange website owner.Would you offer your website/service to the traders for free and get 0 coins/money while having to pay for hosting,advertising and taxes?
Even if the crypto trading platform was 100% free from fees,the traders on the platform would start charging fees for their transactions. :( 


Title: Re: Free Exchanges Fees? is this Possible.
Post by: Distinctin on July 07, 2019, 12:27:43 PM
Fees are the lifeblood of exchanges, they have survived because of this and people wanting to be free? This will be impossible to happen.
If we are also running an exchange, will surely be doing as well. Only we have options to take and look at those exchanges that only asking for low fees but not to the extent of finding it free.
 


Title: Re: Free Exchanges Fees? is this Possible.
Post by: spadormie on July 07, 2019, 12:33:02 PM
All exchange I know has transaction fees. Where would they get money for paying their employees if the exchange will not issue fees for transactions? I searched through the internet and found this COBINHOOD | Cryptocurrency Exchange without trading fees.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: 2double0 on July 07, 2019, 01:02:33 PM
If you don't want to pay exchanges for their 'services', please stop using them. You are trading to make money and you don't want to pay to use their platform? There's no free lunch and so nothing comes for free. Binance is the cheapest I have used with 0.1% trading fees and lessened to 0.075% if we maintain some BNB in our account.

It's your thinking that makes you feel like you are left out, but you are not. Who is complaining? Nobody.

Hey that way, you will come some day and ask for BTC or token transaction fees to be waived off completely?  ???


Title: Re: Free Exchanges Fees? is this Possible.
Post by: fudster on July 07, 2019, 01:24:03 PM
If you don't want to pay exchanges for their 'services', please stop using them. You are trading to make money and you don't want to pay to use their platform? There's no free lunch and so nothing comes for free. Binance is the cheapest I have used with 0.1% trading fees and lessened to 0.075% if we maintain some BNB in our account.

It's your thinking that makes you feel like you are left out, but you are not. Who is complaining? Nobody.

Hey that way, you will come some day and ask for BTC or token transaction fees to be waived off completely?  ???

If you have little amount to trade, you will feel like being left out. Some exchanges are the worse you can use, coineal and gate.io does have a minimum withdrawal. I have tried trading in these exchanges with the little capital I have but if the minimum withdrawal is 0.12BTC, you will start to pick up another coin just so you can withdraw your funds. That would be another fee to pay. BNB is going to be a preferred exchange and all you have to do is buy BNB tokens for your fees.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: noormcs5 on July 07, 2019, 01:34:33 PM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.

This is what you think as you are depended upon air drops only. Practically exchanges are made with the intention of earning money and if there is no trading fee, how will exchanges will earn? New exchanges may waive the trading fee initially to promote their sites but they can't run the exchange without getting some revenue out of it.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: CryptopreneurBrainboss on July 07, 2019, 01:37:32 PM
Yes it might be possible based on the proposal from digitex exchange although they'll be launching and focusing more on future exchange rumors are that they might also introduced a spot exchange alongside their future exchange. You can read through their whitepaper for better understanding on how the exchange will work, currently they just employed the service of SmartDec to continue development of the exchange which might launch anything soon. Currently no exchange offers zero trading commision but digitex has promised that so lets see how it goes.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: Muzika on July 07, 2019, 02:00:33 PM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.

It will be hard for this to happen, fees are used for maintaining the service of the exchange and in technical aspect you can see this as your basis for the knowledge about the different fees  https://medium.com/totle/crypto-trading-fees-explained-and-how-to-minimize-them-203f0938f2f1.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: Findingnemo on July 07, 2019, 02:53:28 PM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.
Fee are indeed if someone giving you some service so you have to be aware of scams that if someone says that they are giving it for free.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: emberbekas on July 07, 2019, 03:00:19 PM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.

This is what you think as you are depended upon air drops only. Practically exchanges are made with the intention of earning money and if there is no trading fee, how will exchanges will earn? New exchanges may waive the trading fee initially to promote their sites but they can't run the exchange without getting some revenue out of it.

Yes, exchange is a business place. They need money to run their business and of course they want to get a good return from it. I don't think there will be an exchange that is willing to do a voluntary work and bear all the operational costs from their own pocket without drawing fees from its users.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: Iceblast on July 07, 2019, 03:55:07 PM
I don't think the fee should be disputed because you have been given maximum service on the exchange. so I think this is one of the exchange income of the users and if there is no fee exchange there might not be income


Title: Re: Free Exchanges Fees? is this Possible.
Post by: maydna on July 07, 2019, 04:02:46 PM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.

I think that is impossible because every exchange wants to make a profit from the fee and that is why every exchange has a different fee for trading. How they can get additional income for the traders if it's not from the fee and I think that will be used to help to maintain the website. Besides that, the fee is not too high depends on our profit and we should accept their rule related to the fee of trading. Perhaps, you should not think about the fee because from the fee, we could see the exchange could do many improvements that will make them better than before.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: Twinkledoe on July 07, 2019, 04:06:42 PM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.
maybe for now almost all exchanges apply fees, but we don't know in the future. I think fees are commensurate with the exchange in providing services to users

Else, search for an exchange with low transaction and trading fees. This is the lifeline of exchanges so it is really by default that most exchanges have fees. They only vary on how much they are charging the users. For instance, bitcoin withdrawal fees - tradesat is charging like 10ksat, while most are charging 50k sat and others are 100k sat. So it all depends on your priorities, where you want to do the transaction and the trust on that exchange that they will give your money in time.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: Ucy on July 07, 2019, 06:21:22 PM
There are couple of exchanges with little fee but I doubt they have lots of  tokens . Have you tried ethereum-based decentralized Exchanges? Many of them have attractive fees... The only problem is liquidity, minimum deposit requirement,  and difficulty of selling at preferred prices


Title: Re: Free Exchanges Fees? is this Possible.
Post by: qtronix on July 07, 2019, 09:11:38 PM
That isn't possible. It is not profitable for the exchange to make exchange fees free of charge. Because this is what allows the exchange to exist. Otherwise, such an exchange simply has will not future.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: BUK2016 on July 07, 2019, 09:13:53 PM
I don't think such exchange exist or will come into existence in time to come for reason being that they are in business to make profit and anything contrary to reducing their profit or for them not to make profit at all will not be possible. Even if there are other way in which they can make more money, I don't think they will adopt free transaction fee for all their customers.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: ralle14 on July 07, 2019, 09:29:26 PM
On this page (https://en.bitcoin.it/wiki/Comparison_of_exchanges) you can find list of exchanges that have very small trading fees. When you're trading altcoins with very little total value the trading fees should be less of a problem since it's only a small percentage in this situation the miner fees usually costs more. Exchanges that have free fees on one part could be charging more on other parts(selling,buying,witdrawals).


Title: Re: Free Exchanges Fees? is this Possible.
Post by: hahay on July 07, 2019, 09:36:29 PM
I don't think it's possible, even many marketplaces offer things like that but basically they take advantage of something else that looks like it's indeed free for ordinary people. So, I think it would be better to be more transparent even though it is expensive fees, at least more transparently we can accumulate it before using it because everything needs calculation.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: iamaruf on July 08, 2019, 09:38:52 AM
Its impossible.If any exchanger go for free fees.then exchanger should pay the fees. because to make a tx need some fees to confirm that tx.Also exchanger owner pay hosting bill domain bill,also they have some staff and worker.if they make free fees then that exchanger can't survive


Title: Re: Free Exchanges Fees? is this Possible.
Post by: Jating on July 08, 2019, 11:50:12 AM
Its impossible.If any exchanger go for free fees.then exchanger should pay the fees. because to make a tx need some fees to confirm that tx.Also exchanger owner pay hosting bill domain bill,also they have some staff and worker.if they make free fees then that exchanger can't survive

Perhaps when an exchange was still in the beginning of their career, they might employed this so called free trading to attract potential customers.

But in a business standpoint, it is suicide if you do everything for free, it doesn't make sense at all. Server maintenance, the opsec, where do the owner will get the money to pay for them to keep the business alive and running well?


Title: Re: Free Exchanges Fees? is this Possible.
Post by: 2double0 on July 08, 2019, 12:05:09 PM
If you have little amount to trade, you will feel like being left out.

Oh come on, I mean OP is speaking about airdrops which is a waste of time sometimes while it can give you fortunes the other way if you wait. Why not wait and collect more instead of 'feeling that you are left out'? He wants everything for free, from money through airdrops to free exchange fees but is it possible?

Quote
Some exchanges are the worse you can use, coineal and gate.io does have a minimum withdrawal. I have tried trading in these exchanges with the little capital I have but if the minimum withdrawal is 0.12BTC, you will start to pick up another coin just so you can withdraw your funds. That would be another fee to pay.

There are shitload of exchanges to choose from, so why does he need everything free? And if you are worried about additional fees, let me tell you that if you buy small quantity of XRP, doge or other coins with cheap transaction fees then you should be bothered as it is saving you more on the other side (as you will not be paying huge BTC amount for withdrawal).


Title: Re: Free Exchanges Fees? is this Possible.
Post by: Malamok101 on July 08, 2019, 02:19:44 PM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.

Every exchangers need some fees to earm some profit also every traders and investors even trading theres a fees also for exchanging buying or selling some altcoins in exchanges.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: dunfida on July 08, 2019, 02:51:04 PM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.
Exchangers are businesses and its dumb for owners to built one without making any profits yet there are staffs and maintenance to expend on but

somehow theres an exchange like Cobinhood which doesnt have trading fees,just wondering on how they do sustain it up but if you do look up for these things then
you can try it out.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: el kaka22 on July 08, 2019, 03:33:07 PM
It is quite possible but why would anyone do it? How would they make any money if they do a free exchange? I mean it is possible but at what cost? Will there be exchanges with advertisements to make money? Will they use the peoples money for staking and masternodes to make money? How are they going to profit if they make the trading free? That is why it is definitely technically possible, there are zero house edge casinos as well but none of them are big or known because no casino with zero house edge ever made it big with that type of not earning, same for exchange as well because if you have no trade fee then you can't make money and if you can't make money that way then you will try to find another way and that would not be accepted by the customers at all.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: xSkylarx on July 09, 2019, 07:53:38 AM
I don't think this is possible. How would that exchange gain profit from its traders? Nothing is free these days. A business without profit won't last long. Just imagine working hard but you won't get paid.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: goinmerry on July 09, 2019, 11:17:09 AM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.

Isn't asking that kind of benefit is already too much here in crypto?

People want to trades, want to be secured, want to be safe, then accept the fees.

Looking at the average fees at the majority of exchanges, it seems that it won't hurt our pocket so much.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: maydna on July 09, 2019, 11:21:49 AM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.

Every exchangers need some fees to earm some profit also every traders and investors even trading theres a fees also for exchanging buying or selling some altcoins in exchanges.

By adding some fees trading, the money will be useful to maintain or to pay the other services that they have so they can continue the exchanges so the exchange doesn't have any trouble in the future. Trading fee is not just for their profit but it's also to cover the other fee that sometimes happens without they thought. So I think it is normal if they have a trading fee and besides that, I am sure that the fee is not too big than the trader's profit so for me, it is not possible to see the zero fee trading in the exchanges.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: Polar91 on July 09, 2019, 11:30:25 AM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.
An exchanger can have a no trading fee but it can't have a no withdrawal fee because the fee for transferring a token/btc/altcoin is being paid for miners who are processing the transaction. Perhaps transferring token from one account to another account with zero fee is possible since it's same wallet but it's unlikely to happen since this is one source of profit by and exchange and being used for the development and maintenance of their software or website.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: MonsterV on July 09, 2019, 01:14:22 PM
Its impossible.If any exchanger go for free fees.then exchanger should pay the fees. because to make a tx need some fees to confirm that tx.Also exchanger owner pay hosting bill domain bill,also they have some staff and worker.if they make free fees then that exchanger can't survive

Actually maybe and such exchanges exist, but I can't guarantee the matter of trust and safety. I personally better use exchanges for costs but in terms of security. If you want to trade without fees, then use a decentralization exchange like IDEX, Forkdelta, etc. I think DEX is a shortcut to get exchanges with low cost trading and transfer tokens, because DEX pays fees directly from transaction costs.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: yvesp110 on July 09, 2019, 06:52:58 PM
Its impossible.If any exchanger go for free fees.then exchanger should pay the fees. because to make a tx need some fees to confirm that tx.Also exchanger owner pay hosting bill domain bill,also they have some staff and worker.if they make free fees then that exchanger can't survive
We need to give these exchanges the reasons and hence the incentives to keep running their operations and keep on providing the great services they have been providing for long. Exchange fee is not a huge thing and this is the exchange fee per transaction that goes to fund the operations of the exchange. Without this fee, exchanges would not work for long.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: 79b79aa8d5047da6d3XX on July 09, 2019, 09:37:36 PM
Running an exchange its not an easy job. From protection against hackers cost, paying martket markers,  bots and many other exchange fees the cost of maintaining an exchange is high so geting an exchange with free listing will be hard


Title: Re: Free Exchanges Fees? is this Possible.
Post by: mobnepal on July 09, 2019, 09:45:56 PM
Even if the exchange fees were lowered or charge nothing they will find a way to incorporate their fees some other way just to recoup the cost of offering 0 to no exchange fees.
There will be always a withdrawal fee to support transaction fee when you are dealing with cryptocurrencies, have only seen zero withdrawal fee for bitcoin cash in binance (may be they are putting transaction fee from their pocket as it is so small).

Regarding zero trading fees cobinhood is one option available but they have 0.001 BTC in withdrawal fee also from what they claim most of these fees goes to miners which I doubt.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: Oilacris on July 09, 2019, 10:31:04 PM
Even if the exchange fees were lowered or charge nothing they will find a way to incorporate their fees some other way just to recoup the cost of offering 0 to no exchange fees.
There will be always a withdrawal fee to support transaction fee when you are dealing with cryptocurrencies, have only seen zero withdrawal fee for bitcoin cash in binance (may be they are putting transaction fee from their pocket as it is so small).

Regarding zero trading fees cobinhood is one option available but they have 0.001 BTC in withdrawal fee also from what they claim most of these fees goes to miners which I doubt.
0.001 fee is actually too much imho when we do talk about solely for miners fees but well its their claim though.

There's always a fee on any exchange,there might be some zero trading fees or deductions but these are just good for promotions or short times.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: ufaiz50 on July 09, 2019, 11:22:41 PM
I don't think there is a no transfer fee, but for the no fee exchange there are some such as cobinhood, simplefx and coinfloor. I think to find a no fee withdrawal is impossible, at least a low fee with a good exchanger in my opinion bitmex, primex, binance and cex.io


Title: Re: Free Exchanges Fees? is this Possible.
Post by: KEPLER99 on July 10, 2019, 07:35:21 AM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.
I have also seen someone ask this same question sometime in this forum and everyone was mentioning Cobinhood. At First time I thought they meant Robinhood crypto exchange but after searching it up on Google I realized it was another different exchange, with C being the difference in their name. I have not done much research about this Cobinhood but they claim to offer a zero trading fees platform and even secure and friendly experience. They also have an android and iPhone app, which I also checked out and they are very user-friendly. I believe the site might be legit.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: slashz9 on July 10, 2019, 08:57:13 AM
low fee it will be make sense but for free i think its impossible because they need income to.
and also pay their employee, the greater the exchange will be give the good service like binance,OKEx,upbit.
even for decentralized exchange you have to pay fee.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: EXtremeAEX on July 10, 2019, 09:14:48 AM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.
No one will make special exchanges or conditions for people with pennies from airdrop. We are all equal, therefore the conditions for almost everyone will be equal. If you are interested in crypto currency, then learn the information necessary for trading and become a full-fledged part of all this.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: shoreno on July 10, 2019, 09:46:00 AM
low fee it will be make sense but for free i think its impossible because they need income to.

yeah i agree and actually this is what im about to say but already said it for me  :)    ,  there are exchanges that have small fees but there is no free so far because they will loose  . there are certain wallet or coins that have a zero fee but i think that is only applicable from the same wallet or on the same coin  .


and also pay their employee,

no they dont pay thier employee but they are paying the miners to process the transaction  . if a transaction has no fee , the miner wont mine it and your transactions will stuck  .


Title: Re: Free Exchanges Fees? is this Possible.
Post by: Natalim on July 10, 2019, 12:27:21 PM
The fees in trading sites are just reasonable, you can't expect a free as no exchange operates like that when fee is their main income to continue their business. In the first place, exchange are profit oriented so that alone will explain you'll never get anything free here, aside from the airdrop you receive.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: Thirdspace on July 10, 2019, 10:21:30 PM
can we possibly have an Exchange with little or No fees for trading and transfers of token.
exchange platform needs money to maintain its site and pay employees
and transferring coin/token needs to pay at least the minimum network fee

is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading.
so basically you want free money handed out to you for little to no effort on your side

but it seems that we have been left out because the little we have can not be transfered to exchanges.
then do peer-to-peer trade, buy and sell directly with your counterpart without going thru exchange platform
but you still need (can't avoid) to pay for network fee when sending out the coin/token


Title: Re: Free Exchanges Fees? is this Possible.
Post by: sheenaedago on July 10, 2019, 10:49:18 PM
I think it is impossible because crypto exchanger need money for their employee or maintenance of their exchanger or use as added security to their website nowadays there are so many crypto exchanger are easy to hack and to steal bitcoin to the user of their exchanger. If you are the owner you need to pay for it and the fee would be great exchanged.

I agree, trading fee shouldn't be free because every exchanges needed that amount of crypto fee for their business to sustain. Don't expect free exchange fee but rather much lesser fee is enough to accommodate our trading needs as well. Just be fair enough and not so demanding about fees in exchanges, that business so we should cooperate.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: dark08 on July 10, 2019, 11:14:05 PM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.


No every exchange site have a different fees in every trading and transaction they need money for the maintenance of their platform to bring trader a smooth and secure trading site so its impossible that their a exchange site that run zero fees.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: CryptoTech_ on July 11, 2019, 04:35:11 AM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.
I have used a platform like that, there are no costs in trading transactions or withdrawals, but it doesn't last long because if it continues from where the platform benefits
I think the fees at popular exchanges like Binance, Huobi, OKEx, etc. already have very reasonable costs


Title: Re: Free Exchanges Fees? is this Possible.
Post by: farwellbit on July 11, 2019, 11:43:27 AM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.
For centralized exchanges, it is quite impossible because many of them are running the business for the profit and no one will offer you free trade, except maybe you get an exchange that is new and probably running promo, and that is even the worst because you will not get the volume to even sell the token off.

He only option that o think you can explore now is DEX exchanges, maybe you could trade your coin there with no fee provided you have a very strong bargaining strength, because even if it is peer to peer exchange, I think there must still be a little fee for you to pay, so you cannot completely escape this. The best bet now is just for you to hope that the token you receive will appreciate one day for you to be able to pay the exchange fee from it, so you just have to leave it for long.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: TobiasVR on July 11, 2019, 03:31:18 PM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.


No every exchange site have a different fees in every trading and transaction they need money for the maintenance of their platform to bring trader a smooth and secure trading site so its impossible that their a exchange site that run zero fees.
fee exchange is actually commensurate with the facilities provided, so when the fee is zero I think that might be a difficult thing for exchange, because only through the fee exchange can get money and do maintenance and provide facilities for member exchange


Title: Re: Free Exchanges Fees? is this Possible.
Post by: princerepon on July 11, 2019, 05:43:57 PM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.

Without pay how can an exchange will earn money and give there employ's payment. but i think there some exchange who don't take fees. but i have doubt that how much trust able are they. be safe when you trade. lot of scammer out there. don't loose your huge amount money for save some penny.  ;) ;)


Title: Re: Free Exchanges Fees? is this Possible.
Post by: olamidey on July 11, 2019, 09:05:24 PM
Even if the exchange fees were lowered or charge nothing they will find a way to incorporate their fees some other way just to recoup the cost of offering 0 to no exchange fees.
Perfect response. There's no way an exchange won't charge you for trading. Even with zero fees, the Exchange would have programmed a way of getting something back or incorporate some hidden fees units spread and trading pairs. All these are gimmicks to get more users and tradera..nothing goes for nothing.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: Questat on July 11, 2019, 10:18:12 PM
Even if the exchange fees were lowered or charge nothing they will find a way to incorporate their fees some other way just to recoup the cost of offering 0 to no exchange fees.
Perfect response. There's no way an exchange won't charge you for trading. Even with zero fees, the Exchange would have programmed a way of getting something back or incorporate some hidden fees units spread and trading pairs. All these are gimmicks to get more users and tradera..nothing goes for nothing.
It might be a scam if they'll never do it.
This is the only they keep alive and business run smoothly. Now, if we look into legit and reputable exchanges they are collecting fees and how these new exchanges never do it the same? It surely that they hide something and we might just surprise that we've been charges without knowing anything.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: jostorres on July 12, 2019, 09:37:48 AM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.
I have used a platform like that, there are no costs in trading transactions or withdrawals, but it doesn't last long because if it continues from where the platform benefits
I think the fees at popular exchanges like Binance, Huobi, OKEx, etc. already have very reasonable costs
I bet that platform will be scam platform, if there is any exchange that does not have any fee attached to it, then they were there to probably defraud investors, because it is from this fee that they maintain their platform, and even if the exchange was donated as a charity exchange, and the owner does not intend making profitfrom it, it will still attract fee no matter how little it is for them to be able to continuously run the exchange.

For reasonable cost, I think Binance still has it all, I don’t know of the rest, but anything that makes me to still look for lesser fee than the one I am getting from Binance, then I have automatically join the group of op that is looking for zero fee, because I can say that Binance transaction fee is almost close to zero and can be afforded by any trader.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: BitcoinTurk on July 12, 2019, 02:02:37 PM
I think that such a service is not possible because these services are set up for profit margins and they have to cover their own expenses. A service that does not have any income source cannot cover its own expenses and in a short period of time it will victimize its users and migrate completely from the market. So even though it's such a service, I think it should be well thought out before using it. There is always a risk of losing all your capital to avoid paying service fees.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: LimLims on July 12, 2019, 02:11:49 PM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.

If we see practically, then it's not possible.
It will be also unfair for the particular exchange too.
The exchange uses the fees to get their site maintenance.
The fees act like salary for them.
The exchange pays the team from those fees only.
So it's fair to give some amount of fees.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: juperos on July 12, 2019, 03:33:11 PM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.
I don't think there will be that exchange type. Exchange is created to serve the buying and selling needs of investors, if they do not charge a transaction fee, how will they develop it?
No service is free here. If you feel inconvenient because airdrop is too little money, you can not do it to switch to bounty. The bonus is higher and it is higher than the limited withdraw of the exchanges. ;)


Title: Re: Free Exchanges Fees? is this Possible.
Post by: sujonali1819 on July 12, 2019, 03:45:24 PM
Firstly we need to think that how an exchange run and how they get money for their work, So I think the way are Trading fees, withdrawal fees, and new coin listing fees. these are the source of earn from any exchange. So if any exchange wants to give service without trading fees, they can but I don't think the exchange/service will live long. And another thing can happen that trading fee is ( 0 )but the withdrawal fee is higher than other exchanges.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: sana54210 on July 16, 2019, 01:42:05 PM
I don't think this is possible. How would that exchange gain profit from its traders? Nothing is free these days. A business without profit won't last long. Just imagine working hard but you won't get paid.
Is this not part of the selfishness we are talking of, or would I call it greed? How will he expect someone to just wake up suddenly, and then develop an application that would cost him some thousands of dollars to put up together, and then give it out free to people forever? How can that be possible when he is not a good Samaritan, if you ask op this question if he would do such, I am sure that his answer would be typical NO.

If he likes free things, why not let him give out his coins free to the charity too since it is so small to him, and don’t want to pay fee, the charity section of Binance is ready to accept it fully and comply with the necessary fee required to monetize the token for further use. Most exchanges pays a lot to maintain their exchange, it will be impossible for anyone to run a free exchange without considering profit first.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: sana54210 on July 16, 2019, 03:07:27 PM
I don't think this is possible. How would that exchange gain profit from its traders? Nothing is free these days. A business without profit won't last long. Just imagine working hard but you won't get paid.
Is this not part of the selfishness we are talking of, or would I call it greed? How will he expect someone to just wake up suddenly, and then develop an application that would cost him some thousands of dollars to put up together, and then give it out free to people forever? How can that be possible when he is not a good Samaritan, if you ask op this question if he would do such, I am sure that his answer would be typical NO.

If he likes free things, why not let him give out his coins free to the charity too since it is so small to him, and don’t want to pay fee, the charity section of Binance is ready to accept it fully and comply with the necessary fee required to monetize the token for further use. Most exchanges pays a lot to maintain their exchange, it will be impossible for anyone to run a free exchange without considering profit first.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: dat.ho12492 on July 16, 2019, 03:21:20 PM
I don't think this is possible. How would that exchange gain profit from its traders? Nothing is free these days. A business without profit won't last long. Just imagine working hard but you won't get paid.
Is this not part of the selfishness we are talking of, or would I call it greed? How will he expect someone to just wake up suddenly, and then develop an application that would cost him some thousands of dollars to put up together, and then give it out free to people forever? How can that be possible when he is not a good Samaritan, if you ask op this question if he would do such, I am sure that his answer would be typical NO.

If he likes free things, why not let him give out his coins free to the charity too since it is so small to him, and don’t want to pay fee, the charity section of Binance is ready to accept it fully and comply with the necessary fee required to monetize the token for further use. Most exchanges pays a lot to maintain their exchange, it will be impossible for anyone to run a free exchange without considering profit first.
Well, exchange that free of charge is definitely not existent because the cost to set up such a system, it needs too much money, even if a person wants to do good, they will not be able to do such a silly thing, the system is composed of many individuals, one may not need money but others still need money, profit is too huge and it is impossible for a person to refuse easily. In addition, free exchange is not a guarantee of safety, almost everyone understands about it, so people will choose to exchange prestige, instead of an exchange that free the transaction fee of activities


Title: Re: Free Exchanges Fees? is this Possible.
Post by: voltesbit777 on July 17, 2019, 11:08:09 AM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.

I've been here in crypto industry business and used several exchanges, but I never heard that any of it has no transaction charge.
Almost all exchange site platform whether decentralized or centralized had their own transaction fee. Meaning, that's not possible because fee of charges in every exchange is one of their source to get profit.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: jostorres on July 23, 2019, 07:12:14 AM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.

I've been here in crypto industry business and used several exchanges, but I never heard that any of it has no transaction charge.
Almost all exchange site platform whether decentralized or centralized had their own transaction fee. Meaning, that's not possible because fee of charges in every exchange is one of their source to get profit.
I was also wondering where that came from too, I mean the idea that op had of having free fee exchanges, even the main decentralized coin that we have which started this cryptocurrency thing has its own network fee which sometimes could be minimal and sometimes could be high depending on traffic at that moment, so there is no reason for anyone to create a free platform for trading.

Why the op also here is, is it not to make some money? most people you find in the cryptocurrency industry are here to make money, so having fee on a service rendered is not out of the way, but exorbitant fee is what I totally frowned on, I feel some exchanges are just selfish to be charging a very high fees when they can simply make their fees low even if they don’t have the volume yet.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: guydin on July 29, 2019, 07:43:28 PM

Quote
I was also wondering where that came from too, I mean the idea that op had of having free fee exchanges, even the main decentralized coin that we have which started this cryptocurrency thing has its own network fee which sometimes could be minimal and sometimes could be high depending on traffic at that moment, so there is no reason for anyone to create a free platform for trading.

Why the op also here is, is it not to make some money? most people you find in the cryptocurrency industry are here to make money, so having fee on a service rendered is not out of the way, but exorbitant fee is what I totally frowned on, I feel some exchanges are just selfish to be charging a very high fees when they can simply make their fees low even if they don’t have the volume yet.

It could come from advertisements. Some exchanges place ads with caps lock NO COMMISSION just to attract new customers. They probably take no commission but for some other kind of operations, extra services, etc. Crypto is always being exchanged the way so the exchange could have profit. Otherwise, they would be simply bankrupted. So we need to pay for their work.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: milewilda on July 29, 2019, 08:14:18 PM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.

I've been here in crypto industry business and used several exchanges, but I never heard that any of it has no transaction charge.
Almost all exchange site platform whether decentralized or centralized had their own transaction fee. Meaning, that's not possible because fee of charges in every exchange is one of their source to get profit.
I was also wondering where that came from too, I mean the idea that op had of having free fee exchanges, even the main decentralized coin that we have which started this cryptocurrency thing has its own network fee which sometimes could be minimal and sometimes could be high depending on traffic at that moment, so there is no reason for anyone to create a free platform for trading.

Why the op also here is, is it not to make some money? most people you find in the cryptocurrency industry are here to make money, so having fee on a service rendered is not out of the way, but exorbitant fee is what I totally frowned on, I feel some exchanges are just selfish to be charging a very high fees when they can simply make their fees low even if they don’t have the volume yet.
Okay lets say that exchangers dont have fees but same as you said with network fees alone you would really need to pay up anytime you do make transactions either deposit or withdrawals.
Talking solely on buying and selling then there would be a specific fees deducted and this is where exchangers do make profits.Funds needed for them to maintain the platform itself and making it operational knowing that this had been staffs and team behind to make it run.So having no fees is impossible.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: Renampun on July 29, 2019, 10:20:04 PM
i don't think it can be totally free, even if it be declared free,the payment it must have been settled by a supportive organisation, the exchange fee should not be an issue for anyone as it is just a little percent of our coin. if it is getting too much we can always shout out for help. 
absolutely right, nothing is totally free, keeping the operation of an exchange going well requires money and relying on ads on the platform alone won't be enough, so... free exchange fee is impossible or same as suicide.  so far I'm not sure if there is an exchange that says they can survive without a fee.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: samcrypto on July 30, 2019, 12:48:35 AM
i don't think it can be totally free, even if it be declared free,the payment it must have been settled by a supportive organisation, the exchange fee should not be an issue for anyone as it is just a little percent of our coin. if it is getting too much we can always shout out for help. 
Yes, that's a good money for the exchange to continue living and to continue their project at the very good position. If we don't pay any charges then I don't think any exchange can survive for many years being like that. That's a small money which can be multiplied if more users are using their exchange. Its good to have a fees but hopefully those exchanges will be fair on charging fees so many users will stay.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: Ms_Arc on August 03, 2019, 01:31:38 AM
If you are a service provider, it's hard for you to do your job well for free.
So please pay for your activities. ;)


Title: Re: Free Exchanges Fees? is this Possible.
Post by: bryant.coleman on August 03, 2019, 06:22:21 AM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.

Running an exchange is not an easy tasks. There are multiple expenses involved, starting from purchasing the domain to hiring the support staff. If the revenues don't come from the trading fee and deposit/withdrawal fee, then they need to find some other source for the income. Advertising revenue may be one of the avenues, but I doubt whether it can be big enough to fund the exchange solely on its own.

If you don't want to pay any exchange fee, then use a decentralized exchange. But then, nothing in this world comes for free. If you want quality services, then be ready to pay for it.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: Janation on August 03, 2019, 06:45:57 AM
I don't think this will happen.

The thing is that they will not be able to get a profit out of it. Another thing is that fees are needed for the miners who mined that cryptocurrencies, without the fees, there will be no miners staying at that crypto I think. I am using a local exchange and I can transact freely but I can't trade without any fees since I think because that is an exchange.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: TastyChillySauce00 on August 03, 2019, 07:44:39 AM
can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.

Running an exchange is not an easy tasks. There are multiple expenses involved, starting from purchasing the domain to hiring the support staff. If the revenues don't come from the trading fee and deposit/withdrawal fee, then they need to find some other source for the income. Advertising revenue may be one of the avenues, but I doubt whether it can be big enough to fund the exchange solely on its own.

If you don't want to pay any exchange fee, then use a decentralized exchange. But then, nothing in this world comes for free. If you want quality services, then be ready to pay for it.
Also to mention that an exchange really need to keep monitoring their security and improves. If it is a centralized exchange there's just no way it can hold without the fees, although there's some way that can give them money other than demanding fee or putting ads which is hosting an IEO and take some fees out of it but that's not a guaranteed income for the exchange. The only way that makes sense is an open source automated decentralized exchange.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: magneto on August 03, 2019, 08:11:57 AM
With decentralized exchanges, this could be possible.

However with centralized exchanges it is pretty much impossible for anyone to offer a fee-free service, unless they are doing something shady in the background that they would be able to generate revenue from. Just think about it - an exchange's primary function for the owner is to generate profits. If not from fees, you'd really have to question their legitimacy.

I think the trading fees itself for novice traders isn't even that big of an issue, given the fact that it's a percentage based fee that is significantly lower for traders with lower volumes. You should be looking at other fee structures such as withdrawal/deposit fees instead.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: Thanasis on August 03, 2019, 02:00:55 PM
Trading fee on most crypto exchanges are very low only their withdrawal fee will be very high so you can convert your token into btc or ethereum as whatever you want it then keep hold that amount in your account and till you convert all of your small amount of token into Bitcoin then withdraw it to your wallet with saves multiple withdrawal fee but you need to pay trading fee every time.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: Marnihughes82 on August 03, 2019, 02:59:21 PM
I think decentralized exchanges are appropriate for your needs. There are many exchanges like that, now there are binance dex with very low cost that can meet your needs. The limitation is that it only supports beep2 platform and the volume is quite small


Title: Re: Free Exchanges Fees? is this Possible.
Post by: Thanasis on August 03, 2019, 05:48:47 PM
there should be an exchange implementing this. but I think when the exchange applies it is definitely no income from profit fees, and the exchange will suffer losses. maybe lowering exchange costs will be better
No one can offer any service for free.

We can give right amount of fee if they are providing the better service so we need to support the exchanges with good support and the fair amount of fee structure will help more exchanges to  come with better service.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: mr_random on August 03, 2019, 07:12:43 PM
I think decentralized exchanges are appropriate for your needs. There are many exchanges like that, now there are binance dex with very low cost that can meet your needs. The limitation is that it only supports beep2 platform and the volume is quite small
The volume is not sufficient to meet the requirements on decentralized exchanges and the lack of smoothness makes it hard to trade on these trading platforms. Afaik, the DDEX exchange has very low trading fees for both maker and takers. Makers should pay around 0.1% and the takers are supposed to pay approximately 0.3$. IDEX also has a similar fee structure: For makers: 0.1% and for takers 0.2% IIRC.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: Oilacris on August 03, 2019, 08:43:06 PM
there should be an exchange implementing this. but I think when the exchange applies it is definitely no income from profit fees, and the exchange will suffer losses. maybe lowering exchange costs will be better
No one can offer any service for free.

We can give right amount of fee if they are providing the better service so we need to support the exchanges with good support and the fair amount of fee structure will help more exchanges to  come with better service.
You are right and come to think that they do have staffs to be paid and they wont just make use of their own money from their own pockets to pay them up.
Also they do need money for maintenance and hosting matters.All comes or do need to be paid.Imagine how a business do works if it do gives free service without many any money?


Title: Re: Free Exchanges Fees? is this Possible.
Post by: jhonjhon on August 03, 2019, 10:23:55 PM
can we possibly have an Exchange with little or No fees for trading and transfers of token.
How do you propose the exchange survives then? Given that hosting costs money, where will that money come from if not from exchange or withdrawal fees?

we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges
I would hardly say you are being left out since you aren't contributing anything. You claim tokens for free, and you want to use exchanges for free as well? Why is there any requirement for other people to operate a loss to cater for you, if you aren't going to put anything in yourself?

If you don't have time for bounties or trading, then can I suggest you get some crypto the old fashioned way - buy it with fiat. Your only other option for selling tokens without using an exchange is via peer-to-peer trading. There is a sub-board for altcoin trading here: https://bitcointalk.org/index.php?board=161.0.

Exchanges are also businesses and normally businesses are made to gain profits, so if you think about having zero fees, do you think exchanges will continue on operation? I just don’t think so, if they will provide zero fees then where can they the money to pay for the maintenance of the exchange platform? Wages? and other expenses. If I were the owner I would shut down the exchange since it is a waste of money and time knowing that he can’t get any profits.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: nowlscor18 on August 03, 2019, 11:00:00 PM
It won't be possible for trading sites to offer this free fees for every trading transactions. Our fee is used to run the business, so we can't expect any free charges for that. Possibly low transaction fee will be imposed but not to the extent of free transaction.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: rodel caling on August 03, 2019, 11:26:49 PM
Nope nothing  will do that, imagine the owners of the exchange need to pay to the team working their company so is stupid this speaking all about business not charity.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: Thanasis on August 04, 2019, 01:20:58 PM
there should be an exchange implementing this. but I think when the exchange applies it is definitely no income from profit fees, and the exchange will suffer losses. maybe lowering exchange costs will be better
No one can offer any service for free.

We can give right amount of fee if they are providing the better service so we need to support the exchanges with good support and the fair amount of fee structure will help more exchanges to  come with better service.
You are right and come to think that they do have staffs to be paid and they wont just make use of their own money from their own pockets to pay them up.
Also they do need money for maintenance and hosting matters.All comes or do need to be paid.Imagine how a business do works if it do gives free service without many any money?
Don't trust anyone if they say they will do anything for you as free of cost.

This is either scam or will add their commission on the cost of the thing we are buying.


Title: Re: Free Exchanges Fees? is this Possible.
Post by: genericlime on August 05, 2019, 07:07:58 AM
Yes. But similar to other answers, this is only possible on decentralized exchanges.

DEX usually charges v low fee. But Switcheo does not charge for maker fees and withdrawals fees. So these two are free.

Takers fees are usually low on DEXs too. 


Title: Re: Free Exchanges Fees? is this Possible.
Post by: dat.ho12492 on August 05, 2019, 09:14:26 AM
All exchanges I know have some corresponding fees involved in every transactions wether its a centralized or dex you have to spent some gas to send and withdraw your tokens to your own wallet no such thing as no fees this days all are run by money nothing more.
Obviously, as long as we participate in a certain exchange and start work through it to make money, it always needs a corresponding amount of cost, although it is not too high but it will always appear for each time we transfer money. And this cost is a fee to ensure our safety, ensuring that the exchange has enough resources to continue developing their services, without these costs, our safety is very low when there is no capital, exchanges will not be able to upgrade or hire people, lack of motivation to go up


Title: Re: Free Exchanges Fees? is this Possible.
Post by: bitgolden on August 05, 2019, 06:23:41 PM
If you are a service provider, it's hard for you to do your job well for free.
So please pay for your activities. ;)
Would he even ever think of creating such platform at all, if money had nothing to do with platform, even so call charity organizations still has a way of making their money from the system.

I am nit against these exchanges having fees at all, but what I am just against is some fees that some of them do charge which I feel is quite too much and feels like it has defeated the objective of cryptocurrency, because one of the objective of crypto is to have a reduced fee on transactions irrespective of the platform it is coming from. I guess it is just greed that is making some platform charge very high on their fees, it is because of low fee that I decided to just stay with Binance, and I guess that till date, they have the lowest fee.