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Author Topic: What is the cost of making a trade on an exchange? (I want to do a large number)  (Read 1033 times)
aakashsangwan
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August 13, 2016, 01:10:08 PM
 #21

Usually the trading fee on an exchange lies in between 0.2% to 0.5% per trade happened.
But it's variable from exchange to exchange.
You can get accurate figures from their respective websites.

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August 13, 2016, 01:12:37 PM
 #22

How much does it cost to trade coins? I think some charge a small amount and some just charge for withdrawing coins. I am ESPECIALLY interested in 'yobit.net' and 'novaexchange', because it's easier to get a new coin added onto these..   Roll Eyes

i don't know about the other exchange you said but i suggest you stay away from yobit.net if you want to make big trades (large amount of bitcoin) because they are not such a good and trusted service.

i would suggest you my signature (liqui) but they are still in their Pre-launch and kind of in beta.

so for large amounts as others said, go to bittrex or poloniex.

some exchange applying different prices. but for me the total commission fees were paid very little. was reasonable because they provide all the services on their website.
can't say it was very little if the amount were traded is quite big,just imagine someone trading with big amount of bitcoin like 40BTC at the same time,if the fee is 0.2% (c-cex),it's 0.08 btc at the end,and for some exchangers,picking order will give more fees

while trading you always try to cover those fees with the profit that you gain from your trade so you should have bought at a price lower than 0.2% so it covers the fee.

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August 14, 2016, 04:24:12 AM
 #23

There is really no basis or constant price fee for doing transactions on exchangers.
It all depends on the exchangers themselves. You can easily see them anyway whenever you're about to trade coins. Usually however, it ranges from 0.2% to 1% at the very most.

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