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Author Topic: UK Exchange Coinfloor Embraces 'No-Fee' Bitcoin Trading  (Read 1358 times)
Sundark
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January 20, 2017, 05:15:48 PM
 #21

No fees is actually huge if you trade a lot.
Hopefully the site will be able to sustain themselves and make a profit with their proposed model.
I will definitely be keeping an eye on this exchange. Best of luck to you!
Look at Chinese exchanges, they have zero fee, but they are seeking profits elsewhere. Mainly from margin trades, lending coins and trading with borrowed coins.
How facilitating these actions can be beneficial for bitcoin community?
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January 21, 2017, 03:21:10 AM
 #22

This is for me the best way to make profit : enable fee-free trades, so you can have a true free Bitcoin exchange, where people do not start with a negative profit just for a trade, and add a fee on deposits and withdrawal. That way you will also have lots of bots playing on the exchange, and this provides a welcome added fluidity.

As long as the exchange can truly assure that they are not participating in the exchange and the markets they own and possibly they can manipulate then of course it is fine. Zero trading fees is every day trader's dream.


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