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Author Topic: [2016-09-04]LocalBitcoins Halves UK Bitcoin Trading Fees To Help Users Get Out..  (Read 160 times)
WishICanTurnBackTime
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September 04, 2016, 03:58:08 PM
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LocalBitcoins Halves UK Bitcoin Trading Fees To Help Users Get Out Of The Pound


LocalBitcoins, a Bitcoin exchange platform, halves the trading fee from the current 1% to 0.5% for all Bitcoin trades done in the UK from September 5th until October 2nd.

https://cointelegraph.com/news/localbitcoins-halves-uk-bitcoin-trading-fees-to-help-users-get-out-of-the-pound
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September 04, 2016, 06:54:38 PM
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I would have though Brexit would have led to some major capital flight, but things seems to carry on as normal. The fee reduction will not lead to

more trades, the only way to increase trade would be to cancel all fees, like the Chinese are doing on their exchanges. If you have a 0.1% fee with

much higher trading volumes, you would be making the same profits.  Roll Eyes


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