Bitcoin Forum

Most of the exchanges have a minimal trading fees of about 0.25%
I see many people discussing trading fees here and there and that how high the trading fees is.
Does 0.25% really make a huge difference if you are earning at least more than 2% ?

It depends on how tight the profits are on the trade. At 2%, 0.25% is actually quite a lot. Anything you can do to save money on trades will increase your profits over the long run. Thing of it as buying something from the store. Let's say Kroger has a gallon of milk for $4.50 and Wal-Mart has it for $4.25. Would you not prefer to buy the milk from Wal-Mart and save the extra $.25? It's the same concept. Doesn't really matter how much profit you're making on the trade, you could be making more if you didn't pay as much in fees.

Actually the thing is trading fees don't matter to people in Cryptocurrencies is because leverage trading is practiced pretty less in this world. Majorly we talk so much about trading fees in forex it's because suppose you have 100$. And you make a trade with 100x leverage the total amount of trade becomes $10000 and the trading fees on this as you said 0.25% becomes a hefty $25 which is almost quarter of your capital. So this is why difference in fees makes a huge difference generally break even is a bit more in pips for such traders. Cryptocurrencies Don't have that large markets for leverage trading because there is high volatility making it too risky

0.25% does really matter for 2% earning but if you do able to get higher than that the most likely some traders doesnt
really care that much and even there are benefits where big traders do have lesser fees as they trade up on an exchange
but for typical or small capital traders would really mind off anytime with fees.Good examples or illustrations is already mentioned
above which i do agree on.

Given lets say your profit is 2%, that means that 0.25% eats up to 12% of your profit. If you think about it that way, thats quite a large amount of your profit taken away. Although, if you're not trading thousands of dollars and are just beginning to trade, i wouldn't worry about it.

The trading fees are felt by those with huge volumes mostly.

If you're just making a very few trades a month, basically just if you want to buy a certain coin/token, you really wouldn't notice the fees that much. If you're a trader though? And if you're buying/selling huge amounts of bitcoin or any other cryptocurrency, the difference between 0.25% and 2% is HUGE.

Yes it does matter! Usually traders don't always make huge profit.  So for such trades where profits percentage is minuscule, trading fee matters to maintain trading profitability! It applies to real world stock market as well especially in my country where the competition is really high! I have seen broking houses offering as low as 0.1% fees for both day and delivery trade!

Same thing also applies for gambling platform. People always look for gambling websites with lowest house edge! Fees is indeed one of the most important deciding factor for many traders/players!

It's not 12% of the profit, it's 0.25% of whatever the trading volume is.

And if the volume is the same as the profit, then you'll have 0.25% * 2% = 0.005% of your volume.

---

If your trading volume is NBTC then you have to have a profit of at least N * 0.25% BTC to ensure that you break even or profit.

That is, a trading volume of 10BTC (not very high) requires a profit of at least 0.025BTC.

yes.
if u trading with 10btc funds, of course that a huge profit for exchanges.
that why big exchange such binance have a discount for trading fee, because mostly users using bots for trading, and u know exactly how bots works.
and, 0.25% trading fee its a big fees category.

It does of course specially if you're trading huge amount of value or you're trading serveral times per day. As much as possible, choose the best trading site which has the best service and has low trading fee at the same time. On the other hand if no other exchanges can satisfy the way they are able to satisfy you, then you should stay and never mind the trading fee and make your trade more profitable as much as possible.

Fees also matter a lot if your trading strategy involves trading with relatively high frequency (day trading or scalping). Fees pile up very quickly over time, even if you're not trading high volumes, especially if you're trading using leverage.

Some sites also offer zero fees for maker trades (orders that sit on the orderbook and are filled) or even maker rebates on leveraged sites such as Bitmex or Deribit. This varies by exchange, but you'll generally save money by using limit orders instead of market orders.

After several exchanges close, such as coinexchange, fees must be an important part so that the exchange can continue.
But traders prefer low fees in their exchanges, the same as mine. 0.1% of the trade costs are very rational to me.

It does matter especially for those who trade regularly. They are paying fees regularly so every inch counts.

If you are a casual trader, you won't notice these fees.

And 2% of earnings might be an easy thing to achieved for others but always remember there are times that the wind is not always heading to the way we want.

Yes it does matter for me and everytime you trade the fee will cutted from your funds automatically and in a month those fees will pretty high because it accumulated so you can counted how much money to spend for the fee itself moreover not all of traders have huge amount of money as their capital to trading and the fee will kill the profit from low budget traders

It matters big time, the amount it can accumulate in a trade we will do in a month might be equals to our capital or half of earnings, depending on how much we trade and how many times we trade. Any percentage when used oftenly will result to a big amount. But that's how it goes fees are needed to complete the transaction and to keep the exchange operating. We just hope they provide better service and support everytime so the fees will be worth it.

Of course, trading fees really matter.The lower the fees, the better. Though, these fees goes to site maintenance and staffs salary and other expenses traders also wants to maximize their profit. Mostly, exchanges charge less than 1%  per  successful trades.

Fees by exchange : https://medium.com/cointracker/2019-cryptocurrency-exchange-fee-survey-49db9b38cb5b (https://medium.com/cointracker/2019-cryptocurrency-exchange-fee-survey-49db9b38cb5b)

I don't know how a certain exchange could think about the good of the trader's side, it actually big enough just for trading fees, it supposedly must be free as what the other exchanges do and only they consider fees during withdrawal.
I don't consider this exchange if they tried to collect that, maybe 0.1% is fair for the traders but 0.25% is actually eating our profit.

Trading fees are very important to look by, cause we did not just do the trading for fees but to make money. 

Exchanges with a 0.1% fee are very few in the market and that makes a lot of recent large exchanges tend to increase the fee to 0.25%. I think any exchange doing this will greatly affect other investors and they will tend to leave that exchange more. Currently Coinbase is the first exchange that has raised fees up to 0.5% and that is really bad for the participants in this exchange. I personally recommend joining Okex or Huobi because these are two exchanges that allow customers to reduce fees if they are loyal investors.

there are some special strategies that some people use which require very high frequency trades and in a very small price space, you could find it in bots that are being sold! although i believe this strategy a terrible one but it is being used by many, in this strategy having a fee like 0.25% is going to eat up into their profit and they have to widen their price range which makes the strategy harder to perform successfully so they want a lower fee.
i can't think of any other reason for wanting lower fee except just a competitive one.

Trading fee are means by which exchanges make their money. exchanges depends on trading fee to run their business. it matters because it promote business growth and also trading availability. this fee might affect traders of low volume. people that trade very little on the exchange might be affected because the profit made from sales is little.

I agree, profits would still be profits and even if the trading fee increase a little, it would still be a pain in the ass in Trading because it would be deducted on the profits that you could make, the worst part is if you are not making any profits on your Trade, but the trading fee is still there, and having many exchanges in this world is an advantage if we are after those exchanger that have lower Trading fee than others.

I have done a lot of system testing and believe me the fees you pay can be the difference between having a profitable system and an unprofitable one, and this is even more true if you are a day trader that is getting in and out of the market constantly, so if you have the option of selecting between two good exchanges and one of them has a slightly cheaper fee always go with the exchange that charges less fees because over the long run your profits will increase dramatically.

Fees on crypto exchanges never bothered me at all, because I'm accustomed to stock brokerage fees that are far higher.  If you want to buy $100 worth of stock, for example, you're lucky if you can pay a fee of $8 for the trade.  That's 8%!  So compared to that, a fee of 0.25% is extremely low.  And yes, there's also a good chance you can make 2% or more on your crypto investment if you know what you're doing.

There was an outcry here when Coinbase upped their fees, and I just scratched my head.  Why?  Because they were still more than reasonable, plus exchanges like Gemini had fee scales that are much higher.  I think traders ought to be grateful that the exchanges aren't raping their customers.

Binance charges 0.25% right?


How much does these exchanges charge?



1.  Coinbase
2.  Coinbase pro
3.  Gemini
4.  Bitstamp
5.  Kucoin

It does matter specially the ones with less capital like me. Trading fee matters which is BNB created its native token for traders to have less fees, everybody grab a bag of it for its use. All the more with the withdrawal fees, if I have to pay 0.001BTC for the withdrawal of BTC I look for solution to that. I can see people would just trade their BTC with XRP to go out of the exchange.

nope, they charge 0.1%. if you use BNB to pay fees, it gets further discounted to 0.075%. https://www.binance.com/en/fee/schedule


coinbase: https://support.coinbase.com/customer/en/portal/articles/2109597-coinbase-pricing-fees-disclosures
coinbase pro: https://support.pro.coinbase.com/customer/en/portal/articles/2945310-fees
gemini: https://gemini.com/web-fee-schedule/#web-fee-schedule
gemini activetrader: https://gemini.com/activetrader-fee-schedule/#activetrader-fee-schedule
bitstamp: https://www.bitstamp.net/fee-schedule/
kucoin: https://www.kucoin.com/news/en-fee

That depends on personal perspective. For some traders with bigger volume it isn't so important but for those with smaller capital it is. Fees are something that you should always calculate in he summary. I guess even worse are withdrawal fees but like I said, these are inevitable facts that you should always have in your mind. But if you are so dependant on fees maybe trading isn't for you.

No I think ... the bigger volume you have the bigger fee you'll see and that's the beginning it's really matter. As when you trade in small volume you won't care it charges you like $0.025 or so , it's just a dust ...

But people start wondering when there's $250 cut off from your original purchase ... and then they rethink that the fee should be lowered as low as $100 or $50 at least!

Greedy? No it's just being mathematical and realistic to save some ! Human nature.

yes of course the cost of trading is very important because with the cost of trading the market can provide very high security and have capital money for other developments, and the place of exchange is the most important is the safety factor.

0.25% is significantly higher than the market average. Such a commission is charged by the Huobi exchange from each order.
I consider it a robbery. Binance Exchange has much lower commissions, 0.075% if I'm not mistaken, provided that part of the commission will be paid by the BNB token.

I don’t focus much on the fees of trading especially on a good exchange since my profit will be higher than the fees though it hurts to see the fees during your withdrawal, maybe its better if they can lower the fees of withdrawal. It will only matter if you are losing money but if you earn more, then the fees is just too small for you.

That is the reason why every company has fees for its services, and so far I have not made too much calculations about the fees required and indeed, sometimes I only complain in my heart when fees are greater than usual when withdrawing but once again, I will not be too concerned about it if it is still a reasonable stage when all transactions can work well.

If it is already automatically taken from people, i think we can't do anything about it. About 0.25% from profit, honestly it is really important, so people should know how much they earn and get or maybe just follow what exchange's rules.

As far as I know, exchanges like Binance, Okex, Huobi, Bibox can all use exchange coins to reduce transaction fees and that is a new trend for all other exchanges. Bibox is currently the cheapest exchange in this market because the 0.05% fee is really very cheap and you can choose to invest without worrying too much. For some large investors, 0.25% is really very high and just a few trading orders will make you lose a lot of money.

I personally never take part in exchanges with large transaction fees because sometimes it will affect daily profits.

Well if you are trading often and just getting a small profit from your trade and if you accumulate the fees it would be a decent amount. However,  some traders are not bothered by the and they don't care much about it. I seldom trade since I have lesser time in crypto compared a year ago due to my full time job. Traders also consider fees when choosing a platform, some opt to choose trading platforms who offer their own coins to lessen the fee which I think is economical if you ar an active trader.

Indeed, every exchange applies the rules regarding trading fees, it is one of their ways to make a profit from traders.
And every exchange has a different trading fee, so we must be observant in choosing exchanges for trading.
For me about trading fees is really matter, because it can affect to my profit, for example trading fees of 0.25% is quite large.
Especially if we have a large capital will feel burden some due to a trading fee of 0.25%, because of me doing daily trading is
more pronounced with this trading fee problem. So I chose exchanges with  trading fee low.

Yes it is always matter from every traders because all we know that we are in the business industry. If we have less trading fee it is better but if not we need to make our every transactions worth it. 0.25 is small amount but if you have many transaction I think they should give some consideration or even rebates to make it fair to traders.

Yes it is always matter from every traders because all we know that we are in the business industry. If we have less trading fee it is better but if not we need to make our every transactions worth it. 0.25 is small amount but if you have many transaction I think they should give some consideration or even rebates to make it fair to traders.

It is a huge difference for the exchange.
Like a business where you sell something, there must be profit.
There are a lot of traders out there and if they all keep on trading then how much do you think the exchange is making?

I hope I answered you right because that is what I understood with your question.
0.25 is a lot when used regularly.
Same thing when you are dropping 25 cents in a piggy bank everyday for like 1000 times.

No, that is no problem for me. At least, I could still have 1,75% for the profit and I think that is okay even if I can make another profit. If the trading fee becomes bigger, I don't mind too because of my profit is still bigger to me. We don't have to bother with the trading fee because as long as we can make a profit, the fees will not be a problem. So make sure you know when you should sell any coins and make sure you can get the profit so that it will cover your fees.

It really does matter in my point of view, for those who have a small capital when doing a day trading. The same I always choose the exchange costing lower fee since when I do trading my capital is just enough. Actually, if you can afford the fees why not go for it? As long you are earning from your coins and your doing good leverage in your day to day trading.

If you are earning only then trading fees will not matter at all but once you are trading there is no guarantee that you will be earning only, there will be times that you will loss also and because of it trading fees will really matter.

Every single dollar that you can save, it will be added to your profit therefore many are looking for an exchange that offers a lower trading fees compare to others.

As for me it doesn't really matter due to the fact that when you compare what you are earning from the exchange it's just a little to what you've been earning,  0.25% ain't much, for those who think it's much,  perhaps maybe they are not really making profit from almost all their trades

0.25% is a really big number for lots of money transactions. For example, if you buy a token with 2 Bitcoin, with a fee of 0.25%, it will be $ 41.
Such a transaction is too expensive compared to other exchanges. We should consider exchanges that have a high fee. But better yet, we should go to the newly opened exchanges. Transaction fee will be very cheap and about 0.1% on a transaction. eg: bcnex, beaxy, exmarket.

Of course, It means a lot, It's a simple thing that you must pay the fee while you are trading and making a profit, We usually pay fee or service charge when you go to bank and any other financial company, it's a mandatory fee should be given, otherwise how and why the trading sites could run or maintain their system, it's mentionable that we don't see a lot of traders always make the large profit so without providing fees how could they survive? it's kind of commission of an agent, they offer you a good platform for trading and you give them a minimum amount of fee which is really a matter. But it matters when the broker or agent claims more than .25%. Though Exchanges can profit trading opportunities without fees as they make huge amounts of profit from withdrawals. Maybe We will see less trading fees when there will be more competition between exchanges.

In the long run it will matter.

.25 percent multiplied 8 times will be 2% again which is what you make.
Although it does matter it is inevitable because they need to make money also for the exchange to continue.
Legal matters being paid and a lot more documentation and taxes.

You are making money and so they are.

That's not how fee calculations work. No matter how many positions you open or close, the overall fee you pay remains 0.25%---the only thing that changes is the amount the more volume you generate.

Easy example.

0.25% fee over $1 trade = $0.0025
0.25% fee over one hundred $1 trades = $0.25

You see that the fee remains 0.25% no matter what.

0.25 percent for every trade you made is still low because for me when Im selling my coim I'll make sure that my minimum profit is 10 percent so I think it is still okay to that kind of percentage in trading. But for the others maybe that is huge because they earnings is very smll so the effect for them is very big but for the traders who have a huge income I don't think they can feel it.

If you are trading with a capital of $1,000 USD, 0.25% of that $2.5 USD
Sounds small right?
But if you are a day trader and daily your capital is $1,000 USD, thats how much in 1 week? Then check how would that be in 1 month.It may sound small but if you are in need of money, there will come. a time that you will think of the 0.25% and how much would that be after making 1,000 trades.

The problem with trading with small amount of money is that you cannot end up in a profit even if you sell the coins at a minimal profit because there is trading fees which might not be a big deal but the withdrawal fees is still big in majority of the exchanges and they will input the minimal transaction fees and all the exchanges have varied fees structure and i usually avoid exchanges with higher withdrawal fees if i am doing arbitrary.

Yes, 0.25% is really too much if you trade with 20 x leverage and have frequent deals. With 1000$ deposit you can pay 500$ comission to exchange monthly.
I am not joking, it is my calculations and my comission is too huge

It's big enough if 2% here has a high value, if you trade in large quantities such as 10 bitcoin then in dollars what fees should be spent. Even though we still benefit, it's just a matter of thinking about the size of the fee in the market.

There's no choice for that mate exchange is all about business tha need also to get profits of the owner or developers. If you looking for the low fees in your trading job I suggest try poloniex low fee and secured I am not promoting poloniex and I have nothing connection I only give a choice for your problem what are you looking for.

0.25% is big deal if you are a full time trader. It only takes 4 trades and you are already giving away 1% to the platform you are using. Make it 8 and you are already 2% off. And how many trades will a trader do in a full day? It is not few. Not to mention that a trader does not always win. There are times when they lose more than they win.

For me 2% fee is a big amount of money. I use exchanges that have lower commission or fees for me to maximize my profit. .25% fee and 2% have a huge difference so trading fee is a matter.

You already have the answer dude, the answer is simple not all traders have a strategy to get a profit with a large margin, some traders even only target a profit of around 2%-5%, and if the fee for each transaction in exchange of almost 1% of course it greatly reduces the profit he gets right? sometimes some exchanges provide relief fee such as 0% on some altcoin markets, and fortunately local exchanges in my country give 0% fee also for altcoin trading, of course it's a great relief for me.

It's really great for those who hold lots of money and trade in bulk. so that's why exchanges are always offering fee reduction policies to attract more traders to their exchanges.
There are even exchanges that do not use fees for trading, which will be a great advantage in competing with large exchanges.

well, if you trade only once in a while and only when you have a big % in profits, no it doesn't make a difference. But for a day trader shooting for small profits, those 0.25% quickly add up and can make quite a difference between making a profit or loss!

Trading fees would matter especially if you do it on a consistent/daily basis. The values may be relatively small but it accrues exponentially once you do trading as your main line of income. That is why most traders need to look for an exchange that has low fees. Remember that anything that deducts your income matters in the long-run.


I agree. There are others that seldom trade and just HOLD their resources. In the contrary, day-traders suffer the burden of paying these fees due to their nature of trading daily.

it might look small if you trade using small capital, but it might be different for brands that have detailed calculations with large capital. for example is 10-20BTC in trading, then 0.25% is fee. if the price of Bitcoin is 8000 $ then $ 80K - 200 $ and in my opinion this is big for fee. but if we make 2% of $ 80K. it shouldn't matter.

Logically right. If you do earn such amount per trade, then it won't bother you that much. What's important is the actual outcome of your trading activities. Fees are part of the system and the exchange who's hosting your trading business.

If you have a good knowledge with how everything has been executed around this venue of investment, you'll be able to see if what you're doing is beneficial to you.

I think trading costs are very important because with the trading costs, you value the team that works behind the exchange and where the exchange can use trading costs by developing its platform to be the best exchange place.

The minimal trading fees can lead to the low-profit percentages for the day traders with high daily trading volume. Average traders don't even feel the gap of trading fees on the account statement but high-level day traders can lose up to $10k with a 0.25% trading fee. Some exchanges have a negative trading fee and this type of fee structure brings crypto traders for making more BTC with same trading style IMO.

In some cases, fees are considerable but having a 0.25% trading fee isn't acceptable in many traders. I think all traders are much looking for trading exchanges that could offer them low fees. If we think about how it affects our profitability, it is really big and this is to measure the possible profits we may get in the long run.

I agree to this, It will only depend on your trading volume. If your a high volume active trader you will noticed the huge difference of the fees compare to occasional trades. However it will not matter if your making huge profit in day trading.

Yeah, trading fees really matter because a trader doesn't trade a single time in his/her whole life. This happened a lots of time if he/she involved in trading for a long time. But what if you get something which don't need any fees to exchange? Yeah, I am talking about https://all-stocks.net/ this website. I registered there already and be a member of their community. As a new trader I don't need to pay fees. And this offer is valid for the first 3 months.

Personally I don't think it is very high to me even matter. Because My trading volume is very low and irregular ::) ::) ::) .But it is really a matter who has very high trading volume and who uses a bot to trade or try to trade like a bot manually. Please follow below.

suppose a user trading volume is $ 10000

Then
⇒ 100%=$10000
⇒ 1%=10000/100=$100
⇒ 0.25%= 100*0.25=$25

Am I right?

So if a person has 10000 dollars trading volume then he paid $25 dollars per trade. Then if he uses a bot for trading, can you imagine how much will be this 0.25% equal to?[I assume that you are acquainted of boat trading]

Yes, it matters. If you are a day trader, you are supposed to make a LOT of exchange operations during a day. Each time, you will pay a fee for this stuff. The more you work on a day-trading basis, the more you pay. Cryptocurrencies transactions might be free (in some cases,  for several tokens), but exchanges, when you trade, moreover, actively, always need their profit, so you pay.

It may matter for a trader who is involved in 100 of trades per day. For a normal day trader, trading fee dos not matter much. Also if anyone is getting good profits from his trades, for him the trading fee is negotiable and does not matter.

Maybe you could say it is okay for now, fees are negotiable and fine for them but I don't think that they could still take it all the way. They can felt later when the market dumps and even get less profit cause it is already eaten by fees. Exactly what people say, fees are very important and I don't think that we just ignore it or never mind it. Well, it has to say 0.1$ is enough but seeing 0.25% fees, I don't think it was considerable. 

I think of course it's matter. Specially those traders whom trades a lot or day traders. People like us who don't know much about trade a lot they just sell or buy tokens when it's up and going down. So it don't effect on us a lot. And who knows you are earnings 2% for sure. You can loose your asset in trade too right...?

As usual all gambling sites need some trading fees it coslty need for traders to pay if you are playing. Best exchangers costly fees for sure.

I don't care if you're even only making one trade a day. Fees still matter. You go into the trade at least 0.25% at a loss. If the coin only ends up going up 1% or so and you want to get out, you're pretty much screwed. Withdraw fees would also eat into that if you were ready to exchange back into Bitcoin and withdraw.

About trading fees, from what i see it is like work like when we get $20 it means fees is 0.25% * $20 right, so any amount of what we get actually have same amount percentage, if like that i think if the market that we use need to maintain their site so they need income too. Like symbiosis mutualism. Not like fixed withdrawal trading that ask us same amount although we withdraw small amount of money.

Certainly important. if this is not done. What operational companies will then be paid for using what? If only the withdrawal fee, in my opinion, is still not able to cover the entire operation of an exchange. they certainly have to make a trading Fee. but my opinion about fees shouldn't also be big for a trader. because this can also be competition between exchanges

Exchanges continue to operate because of the service fees in which this is the reason of why they exist. Good thing is that there are many exchanges that existed in the crypto market in which we could enjoy their competition of which of them has the cheaper fees with quality services.

The lower the cost, the more investors will participate because a good exchange always reduces trading fees for everyone. Among the exchanges I know, Bibox is probably the cheapest exchange fee and is very much interested in the last 2 years. For me the fee of 0.05% is really a fee that can be very helpful in making a profit and very few exchanges have this fee.

In my opinion, cheap withdrawal fees are also the main reason for them to join the exchange and if you are considering finding a cheap exchange, Bibox will be the best choice for you.

It is undeniable that traders are looking for good exchangers with the lowest fee. the lowest cost is also a matter of great concern for traders, even I also feel it. because of this, quite a lot of exchangers make events like free fees. In fact, some tokens from exchangers also function to reduce the fee for each transaction. because of this, trading costs are really a matter that needs to be considered for exchanger developers.

The percentage actually doesnt matter, but if we talk about dollar and trading with big money, some people wont' be willing to give $100 dollar as a fee no matter how big their profit is.

It's all just about greed.

I don't think if we call it greed. Profit is what we meant for and that is why we're doing trading. Seeking for a low-cost fees is what we look for cause it really affect into our ends. Even thought it is just $1 fees, it is still big for small traders, unlike if you are already a big fish but I know it still be matter for them when the market turns into difficult.

If the trading fee is 0.25% then $1 is a fee for 400 USD trade
If you are the one who traded it and you made like 10% profit out of it, then $1 is not a big deal comparing to your profit.

Still thinking that $1 is big?

Just my opinion, even that is a tiny bitcoin amount that still worth it. In my place, I can buy e-load from networks provider and subscribes in the amount of $1 dollar so I think still that is quite good. Trading fees really matter on me because even if it's only a small amount but if you keep on trading I think it will become big. You might not feel it instantly but if you will be going to compute your total fees for the whole you can say that it's a really huge amount of money.

That's what I call greed, when people start talking about FIAT. Sometimes we are not willing to give small amount of money, even though we get even 40 times bigger than it.

A single simple tip for this : make big profit only!

Answer appears to be that those fees do matter but only for exchanges or rather their owners.
For me it was never all that important. Usually it's a tiny amount, insignificant for one person. Scale of trades are where exchanges make their buck. As long as they are not greedy, I'm perfectly fine paying some operation costs.
I'm more often worried about payout fees, this is where things can easily go fraudulent or in a way, dupery.

Yes it matters a lot. A whale with 100 btc per trade (0.25% fees) means it incurs 0.5 btc after his buy and sell transactions. 0.5 btc is already very big. Many scalpers are making 3 to 10 positions daily with 1% to 3% as their targets. If you have 5 positions or 10 trades daily then that 0.5 btc fee will be totaled to 10 btc at the end of the day. And there is no assurance that you are winning on that 5 positions.

I myself used to trade a lot before. Normally with a $10,000 per position. A 2% gain and I am already happy to close it. 2% gain means $200 and if the fee is 0.25% per trade then that will be $50. So my profit is only $150 which is still good but that $50 is too material (that is 25% of my gain) for me too.

It doesn't really matter much to me in particular. Give me user friendly interface and tools to use in doing technical analysis. Then, let your security be top-notch, then I am good to go.

Trading fee will not be an issue for a long term trader but for an intraday trader it does because they need to do multiple trades to reach their daily goal but at the end they may paying half of their profits as trading fee if they pick an exchange with high fee.

This is the reason why binance having more traders in very short term because traders get more discounts on trading fee if they got BNB on their wallet.I am okay with paying 0.1% fee but for most its high enough to eat their profits.

Trading fees really matter since the entire trading purpose is to get profit. You should know not every time people are gaining 2% profit. sometimes people are losing money while trading in the market. thus, people prefer exchanges with less trading fees compared to the expensive ones.   

Even other competitors for Binance like Bitrex and Bitmax also have the good opportunity to grow like this.
But I am not sure what is their hesitation to build them very stronger this fee matter very simple thing even they come out of that move ahead with the big businesses.

For me the commission is not so important. All popular exchanges have approximately the same fee.
More significantly is a specific spread on individual pairs, sometimes the difference on the coin buy\sell can reach 10%! Sure you can place a limit order, but if to trade in short such ones will not always be quickly redeemed. I always watch at the coingecko before the trading exotic coins to find the best ratio.
Look at the margin in every trade, buddies.

Obviously  0.25% is really a big matter if anyone wants to withdraw big amount of at once. We all know that they have many costs such as managing a site to keep people in the care of the customers, paying extra for the security of the site. If we want to withdraw in Bitcoin, every website takes a huge amount of fee but if we withdraw on altcoin, it can be withdrawn with a small number of fees.

Yes, the fees matter especially if you're a high frequency trader. It's different for someone who gets in a trade and leaves it about a week. For high frequency traders, you'll be accumulating 0.25% for every day. Think about when you make about 100 trades or more, those tiny 0.25 percentages gets up and will time you'll discover that a significant amount that get sucked up by fees.

of course it is a problem, especially for whales that conduct daily trading by looking for small profits like 3% -5%, and of course this is a big problem because they once traded spending hundreds of thousands of USD.
That is why there is always an exchange that gives a VIP account to whales, so trading fee will be cheaper.

It poverty that use to make people think the way that they think, they fight everything that is meant to be their responsibility, they have a platform that they cannot create and they are using it, do they want the owner of the platform to run the trading platform free of charge?
What makes them deserve a profit and the platform owner would not deserve?

If you ask me, this is really very insignificant amount of money that these exchanges do charge which we can never day that they have done what they ought not to have done. If a trader is really good and he or she is making profit from the trade, then this should not be much of a complain to the person at all, and like you have the illustration here, this amount is really so tiny which I wonder how the exchanges really live on this.

I am also trading sometimes, when I do have time, so I am also considering the trading fee, and perfect for me is Binance and BitForex, those platforms have great trading fee, and also I am checking the convenient, I am considering the user friendly exchange which I have seen there. If trading fee doesn't matter, then it will be hard for traders to take profit and trade.

At first sight such a small fee may not seem like much but when you begin to crunch numbers you begin to see that the fees are not small at all, and while some may think that you are being greedy for asking for the best possible fees when you trade the truth is that in the long term the difference in your capital can be enormous and it is not something to be taken lightly, being that the case if you can find an exchange that has a good reputation and very low fees you should use it.

Yes it does matters and even I look at the trading fee while making occasional trades (it's been a while) and Binance is reasonable and has been handy for me so far and even the transaction fee matters for me because there are some exchange which has a fixed transfer charge for bitcoin which turns out to be huge when the value is high hence sometimes I have to convert bitcoin into an altcoin with lesser transfer fee before withdrawing it from a trading platform to another.

It is very important to understand that the goal while trading is to reduce extra expenses such as extremely high trading fees. Therefore, the strategy that I apply while trading is choosing an exchange that has moderate trading fees. With this, I ensure that I do not end up using more money than the required for mere trading fees. The ultimate goal is to make profits, not spend. Thanks to cryptocurrency, crypto exchanges usually have greatly reduced trading fees, which is one of the benefits of the the cryptoworld.

That depends on the volume and frequency of your trading, if you have $ 500,000 and you are a medium or long-term trader your trading volume is $ 500,000 a month, then 0.25% of the fee (1250 $) is not a problem. But if your capital is $ 10,000 and you are a daily trader, your volume can reach $ 500,000 a month, the $ 1250 fee is a big problem.

If you are a small investor, the transaction fee is not really a problem that you have to worry because that fee will not help you to earn high profits from this market. In fact, if you make 1% of your daily profit then you are profitable and most of the major exchanges only charge fees between 0.05% and 0.2% so there won't be too many big problems in investing.

I personally only use Binance exchange to trade because fee at this exchange is really very cheap for all participants investing here.

For me, it depends on the trading fees and to the trader. We know that there some kinds of traders, and this trader can trade/ transact a massive amount of cryptos and can make a huge profit. On the other hand, there some traders transact a low amount.  I know that the percentage trading fees are base on what value you are trading but imagine the .25% - .30% trading fees to some whales. :)

some traders will choose to trade in the market with a smaller fee (0.1%) such as binance etc., and some remain in the market for the fees you mentioned. Active traders tend not to think about it anymore, especially for those who are fundamental to get profits above 10%.

0.25% is still relative and has no problems with the allocation of estimated profit that continues to be accumulated regularly

For traders who trade fairly large, fees are very much considered. because of this, sometimes they use other tokens that have a small fee. no matter what% the cost is cut, if the transaction has a large amount, it will be a burden on the mind. because of this transaction fees from a market is very considered, and that makes the market that has the cheapest fees the first choice for traders.

Well, if you are true trader then you should know that it matters. Fees can be a big impact on the earnings even if it is just small. Imagine, as you made transaction especially if it huge amount the fees will be high as well because it will be calculated based on the amount of your fund and there are times that the fees are almost comparable to the capital you invest. The fees from making a transaction and fees for withdrawal, if you combine them it could be fatal that is why traders tend to choose the exchanges that have low fees.

if you are a day trader, you must complain about trading fees, 0.25% for once placing an order/sell book. So you need to pay a 0.50% fee for your trading fees in one go until you get a profit. Can you imagine if you placed an order/sell book more than 10 times?

Fee calculation greatly affects the results for day traders. Whereas long-term traders are not that huge because they only do 2-4 times in a long time.

It matters if only you are a big trader, if you trade constantly then you would care about the fee since it would eat up all your money in the end if you don't care about it. If you are dealing with even %1 loss every single day compared to some other exchange that could mean millions in the end depending on your budget, at least thousands if you keep repeat trading all the time every day for a whole year.

So, in the end it does matter but only if you are a trader that trades a ton of money all the time, if not and you are just a long term investor that wants to buy and hodl for a long time and sell later, then I think you can be fine with any place with any fee in the end, it is not going to matter much. Sure you can still pick a cheaper one if you can but it won't be too much of a difference.

Correct, very often I see people that seem to care only about the process of trading and not the end result, traders should never forget the main reason for doing what they do and that is to make money, which means that if you can reduce your fees significantly without affecting any other aspect of your system then you must do it, while the profits may not seem to be worth the effort now they will be worth the effort in the future when the price of bitcoin becomes higher than what we see now.

Normally this trading fees issue is not a matter for the big traders and investors but for regular use age people ll and expect this fees issue has been sorted out.
When I speak about myself, I will surely care about the fees amount while making every transactions, reason for it is I am morning very few penis only from here.

Its not a big deal for me the trading fees we all know that every exchange has fee and every transaction we made has fees. So expect the fact that every exchange has fee and different % they get.

Trading fees matter to those people who are engaged in trading scalping. In this strategy, the size of the Commission is very important, since the profit from each transaction is minimal. For other traders, I think that this indicator is not so significant when choosing a trading platform. They are much more interested in the presence of certain trading pairs, trading volumes, etc.

It is not every time that you get the opportunity to earn more than 2 percent, there are some trades that are not even up to that amount.

There are so many people in this forum that trades with very low amount, and the people that will also feel it are those that are expert and makes so much on their trading, you can imagine how much that percentage will be on a huge trading which would have saved the trader much more on the trade, so it is very necessary that we trade at an exchange that really has a very low trading fee, although if we are to really be fair and not greedy, actually 0.25 percent is not that much for me, it is even something I can decide to donate to charity, so it is not much for the people that provided their platform for it, but it would also not be bad if they make it cheaper.

Trading fee actually matters when you are a day trader and looking for short profit. Out of 2% profit, fee of .25% means you are giving 12.5% as trading fee out of your total fee which seems quite high but if profit is big like 20%, 30% or more which is generally there in medium to long term trading then trading fee of .25% hardly matters. Scalping always needs low trading fee.

for me 0.25% is a very small fee because I am a small trader too and my income is quite enough for a day, but for 0.25 for upper class traders it is expensive fees for them because their income is also large, therefore on the market binance up to 0.04% for those VIP9 classes. therefore 0.25% looks small to you but it looks very big to them.

We might only see it as a small amount but it's already a big thing especially for small traders who are only earning a small amount of profit so if there will be another choice, it will still be better for us to look for exchanges with cheaper fees. Fee is a big deal for new and small traders especially those who aren't professional on this field yet and for those who are doing scalping and day trading.

But this fee is really big matter for the many traders who guys are daily trader and they will be get very little profit. Yeah, trading fee is comparatively different in all of the exchanges but transaction is almost same. Specially small trader is affected for the fee. But i don’t think it’s big thing for the majority of the traders. 0.25% fee is not for the every single exchange i think. Some exchange asking more fee.             

Agree with scalpers and day traders since they are risking their positions every time they place their investment, then fees will hurt their butts since it's really dividing the potential profits coming from such risk that they've take.

Traders if can find much better service who offers smaller fees will surely jump in right away, knowing that the small percentage coming from every
executions of their trade if being added to their actual profits will be decent enough to consider as profits.

Fees does really matter specially if you're earning not a bit much. Imagine you are about to get home without buying anything yet, and yet here comes the fees that deducts right away then. And those fees or extra expenses reduces your portfolio growth over time. They may be seem a no big deal but just think about they add up as time goes and imagine that it is supposed to be in your portfolio, you may be having a potentially quite bigger portfolio without those fees.

Of course, if a trader has not received any results for a certain period from trading or is even worse in the red, then the situation with interest exacerbates his condition even more.  But it seems to me that everything depends on the individual selection of the exchange in order to take into account not only your experience and professionalism, but also the volatility of the cryptocurrency you have chosen.  I believe that taking into account some factors, undesirable losses due to interest on trade can be avoided.

In our culture, we have a saying which is "drops come together and make a lake". We may not realize how much fee we give but it really makes a lot when we sum them up. So, it really matters.

People are trading cryptocurrencies for profits. While trading people are earning profits from 1-2% upwards and sometimes even lose some money as well. If people are earning 1-2% in profits why not consider the trading fees because the higher the trading fees the less money people can make. Trading fees really matters 8)  

Our profit also depends on trading fees. Yes, we need to consider this important cause it affects our ends. This is why trading must look and often to used those trading platforms that could provide them lower-cost fees and giving a more favorable price to their traders. If we are a smart trader we know that kind scenario and making a sense that we are just to gain profit and not just for fees.

Comparable to the many features offered. for me also the same as you. not too concerned about fee trading. but what benefits are given by the exchange will make us feel comfortable when trading and do not mind the matter of trading fees. because we already feel comfortable when trading

It is, we're not always winning in every trade. So it's already 1% in every 4 trades no matter win or lose.
But trading fee is importan to keep the exchange alive because that's the only way they're funding money

I think 0.25% is very big because I often trade, if we just do 10 times a day trading 10x0.25% = 2.5% is big enough right? I will stay away from exchangers if trading costs are above 0.15%.

I wouldn't care for that cost as long as I've got enough profit ten folds on that range or price average. Just like those times, when I was still often trading while market was having green days. If you're saving your profit, that's the time we cared for our fees. Huge fees typically affect our finances particular on exchange value.

I'm a practical trader so I consider the trading fees when I using an exchange. There are exchanges that have high fees and I avoiding it for me to minimize my expenses.

although like that I think not many traders are concerned about it because they can get a lot of profit and can trade more comfortably and security can be guaranteed because usually the exchange places have expensive transaction fees usually used to improve trading security and some time ago I've heard there are some a place of exchange that has trading insurance.

they do
otherwise exchange tokens that reduce fees would not be so popular
people hold them so they can pay less fees especially if they trade by bots with a lot of trades per day

For me it's not a big deal the trading fee of 0.25 percent because that is small amount of money or bitcoin compared to what I've earn in the trading. But for the other trader maybe that trading fee is really high because the amount of their money they get in every trade is very low so they feel the effct of that fee but for the people who don't feel they have a good income everyday. I don't complain about the fee but if the trading site decrease it that is much better for every trader.

I think for those who got big profit in trading this thing doesn't to them about the fee's but for the ordinary trader like me it matters to me, because I don't use platform that charge a high fee's for every transaction, and one of the best exchange for this was Kucoin and Huobi and binance.

For sure people would love the place which makes them pay less amount of money and gives better output. As per now, I guess trading has huge demand but people get afraid of trading fees so it should be normal and valid so people won't feel hesitations to pay it. Trading fees should be fair and people also should use only those site who charges fair trading fees.

Personally, I never paid much attention to how many trading fees exchange charges. Probably it's wrong but I cherish more the security of my funds and data than how much the company will write off from my assets. Just think about it, is that really more important than the state of confidence and calm when you know that your funds will be okay (until you transfer them to your hardware wallet). And because of these considerations, I prefer trading on exchanges with strong security means like that of CEX.IO and its trading platform CEX.Broker - https://cexbro.com/. By the way, it was known as a charger of high fees, but now they are comparatively low. 

This is false, if you care about making money in the markets then the trading fees that you are charged are important for everyone, it doesn't matter the size of your capital or how much experience you have, the fees that you are charged can make the difference between a profitable trader and being an unprofitable one, remember your goal as a trader is to make money and the less money you spend on fees the more money will remain with you which can be used to obtain even more money.

Not necessary for you to go long term just to avoid the fees.You can actually possibly able to make profits just be sure on to calculate your gains deducted with the trading fees.

Its just a norm where these fees would involved anytime we do make buy or sell orders.The important thing you should consider about is on how to make profits so that you wont mind too much on fees.

You wont able to felt it when you are earning decent.For maximum profitability then minding of lesser fees cant be removed but we know that exchangers are business and its normal for them to set out those parameters.

Yes it matters, if you are working somewhere so charges will matter for you the same way trading fees matters if you will pay high fees then profit will be minimum than profit so better trade for long term but before starting just ask for fees charges and according to my personal experience people attracts towards low fees sites.
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Yes, trading fee is a lot if we are trading everyday, or we are trading more than 5 coins in a day, so for me it will be a good benefit and for sure traders are considering to trade to those exchanges with low trading fee as well as withdrawal fee. If their fee is too high, then traders will be frustrated at all and won't trade there.

seems 0.25% fee is fairly cheap in my opinion. on average, indeed the standard of all market trading fees is 0.25%. if you can get a big profit in one trade then the 0.25% fee will not matter. do calculations when trading (profit/fee = real profit). during trading and you profit (including fees) I'm sure everything is fine and you have nothing to lose even if you trade 100 times a day.

It depends. Trading costs can mean a great deal if you look at it in the long run. This is due to the interest rate effect. However, looking at it here and now, it may seem a little insignificant to pay 0.25% in trading costs.

I agree, depending on how much amount of coin/token you have trade and profit you have gained. That is why it is better to buy and sell to gain more profit and it will not eat up by the fees. I think binance has fewer fees than other exchanges.

But some traders don't really care about the fees and no knowledge about it and just do trading since the fees is just small than you trading gained.

I don't really worry much about those fees, though I see a lot of people that complains every time that the fees are so high. But I won't blame them, everyone is different, and how much you have might not be the same they have. There are people who won't have much and that profit is not enough and they are trying to squeeze out more so that it would be enough for them.

That's right, and some people will even want to look for an exchange that would not charge them any fees for trading. I've seen some exchange lately trying to use that to attract traders to their exchange. Even bigger exchanges like Binance now offers up to minus 50% on fees if traders are making use of their tokens.

it really depends on the your profit taking appetite. people who want short term gains or require funds or people who earn small profits like to save as much as possible on the other hand for traders who trade a lot have a lot of experience and know they can recover whatever they lost are less concerned 'bout the fee.

No, I don't think that whales and big players never put concern with the fees. Of course, they will also as they want to gain more profit but are less considerate than those small players. As a matter of fact, everyone is looking for exchanges that could give them to the minimum that is why most reputable sites have to lower their fees for them to still gain the loyalty of their traders rather than to see them flew away because of the fees.

There is something we need to build between traders and exchange owners and that is reputation where we can fully trust this one as the listen and prioritize the needs of their clients rather than to looked their own benefits. 

Actually not regarding to the problem of cost in my opinion depends on each trader himself in responding to it. whether they object to the existence of a large trading fee or not. but indeed for traders with capital that is not so large, certainly have objections. but I personally for the average trade costs 0.25% -0.3% And that is not burdensome because our TP itself must also be bigger.


Maybe in addition to Fee trading there is another Fee that is shipping costs for bitcoin or altcoin. often times I see the exchange costs for shipping are also large. as in Hitbtc for fees there is quite large and  burdensome 

I don't like taxes either, but exchange's fee is a different thing since fees are exchanges main source of income, we can't argue about it due to services they have to provide for us. Any fee below 1% is considered fair and below it is cheap for me, most of the exchanges offer trading fees (maker-taker) 0.1% and max 1%. Furthermore, there are some exchanges offer free deposit and withdraw fess which is convenient for traders.

Many exchanges are reducing the transaction fees for investors but if the exchange has a low trading volume, that exchange will never be chosen by the investor. I think the transaction fee does not affect profit much because the fee is usually at 0.1% to 0.2% so there is no need to worry.  I have been involved in a lot of different exchanges and there is not so much difference in transaction fees.

In my opinion any exchange will do business in this way and if that exchange is trusted by many investors, that exchange will always be their first choice when participating.

It is not even complete one percent of your profits. Those how are making money in thousand dollars, I don’t think so this is hard for them to pay 0.25% trading fees. We have seen people becoming rich with trading during the pumps of crypto currencies and turned out to be millionaires, they shall rather as homage happily pays this trading fee. Majority does not have issues in paying this minor fee.

I'm surprised to see that this is such a popular opinion, that somehow for some traders out there the fees that they are being charged are not really important, and nothing could be farther from the truth, if you are a trader you should care about every single thing that cost you money, you should care about being able to enter the market with as little slippage as possible, you should care about your stop loss and about the average profit that you can get per trade and you should care about your fees as well.

Exactly , We are trading to earn profit even if it is just a small amount so even a small difference between fee would also affect our income.
In every trade that we would make it would take up a fee so no matter how big or small it would always affect the outcome of our trades.

one of the top exchanges in my country is even 0.05% bigger than that. In general it is not a problem, but for fast trading it can sometimes only target 1% every hour, especially coins that go into a downtrend. if the capital is below $ 200 then the profit will be very small. actually it makes no difference because it can be accumulated in the next order. but it would be very interesting if trading on the exchange with a smaller fee, especially for lower-class traders.

I think the transaction fee will not affect your profit because this is really a very small fee and nobody cares about this fee when investing. In my opinion the most important thing when trading is profit because if you can not make a profit, you will face a lot of big risks in investing. Currently exchanges like Binance, Kucoin, Bibox are exchanges with low transaction fees and you can consider if you like.

It does matter because they stack as time passes by. Though you won't notice it 'cause they seemed little. For example you got tons of transactions and every of that has an equivalent fee add, and that is your potential gain but because of fee they been deducted right there quickly. Though it has purpose specially on the platform that is why even though it does matter to me I just think it otherwise so that the platforms would be maintained.

Transaction fee always matters! Little by little when you sum of it , it will be a very big amount, new people in trading will having there first check out with a deduction. Every transaction will less your trade with .00002 or higher , but in some exchange it depends on the coins that are being converted.

Yeah but for a day trader who trades a lot in a day i think they will choose an exchange with lowest fee because less than 1% fee is matter for them because usually most of daily traders are just taking like 2% profits each trades if the fee is more than 1% that means they just get 1% which means cut half the profits.
Exchanges with lowest fee will be always the choice of daytraders.

In the other way round, I think that those who trade with big amount are the ones that usually do complain of fees which I think it is even greedy of them because they earn a lot from the money that the fee should have become insignificant to them, but because it is looking quite big and they want to maximize the profit, they complain of trading fee. Looking at it, trading fee is really very small amount being charged and should not really affect any of our own income.

People that trade low are even the ones that will not see this fee at all, most especially the one that is being charged by binance which is the lowest to me for now. If people still complain of these fees, then would they have the exchange charge them zero fee then because they are the one that created the platform for them?

Exactly, it may not seem as it matters because the money that you are charged for each transaction is low but according to the tests that I have made about different trading systems the truth is that the fees alone can make your system unprofitable to trade, and even if your system is still profitable after being charged high fees there is going to be a huge difference between the profits that you could have and the profit that you actually get.

I agree with this, i am a small time trader, I usually do a day trade technique, it kinda costly for me because in every transactions that are being made I need to pay for fees, whether I want to convert it into btc/eth or to transfer it in another exchange. Every little amount matters in a beginner and small time trader like me, that fees is equivalent to 1 order of altcoin sometimes.

The more you are concern of the trading fees when you are losing and you kept trading up to 100x a day, that 25 cent is somehow big enough to cover 3 meals when you are in 3rd world country.  Withdrawal fees matters the most probably for anyone who sees an exchange will ask 0.0012 BTC as its approximately 10$. I guess main reason most traders prefer the doge.

this fees actually back to us again,exchanges will improve their feature so we get easinest when operating this exchanges.we should not complaint on how much fee that we paid,.we use their services that builded with alot money and resources.if we want exchanges with low trading fee ,check it again especially about its security ,safety, feature.is it worthed with our 1% ?? Personally i am prefer high fee but i have more security and safety.

Exactly! That's how you explain the importance of trading fees which has been disregarded by many and to those who have been trading with huge volume. Huge trading fees might cause the clients or traders to stay away from a specific exchange not only if it has a good volume of trades every single day.

Though that's what keeps exchanges working. And i wouldn't gamble on an untested exchange that promises extremely low trading and withdrawal fees. When it comes to withdrawals, you'd always have the option to pay less though it'll take more time for the transaction to go through. There are some things that you just have to adjust to.