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Author Topic: Trade sites that do not fee?  (Read 3206 times)
wintermeasures
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February 16, 2017, 11:30:31 AM
 #41

As far as I know, Chinese trading sites did not charge a transaction fee. They have recently begun to charge transaction fees.
Are there any trade sites that do not charge a transaction fee?
According to Me There is no Website that Provide Trading without Fees Because if the Trading Websites Don't Take Fees then the Websites are not able to Run for a Long time Because the Main Source of the Income for the Trading Website Owners are the Fees they are Charging........
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February 16, 2017, 11:52:28 AM
 #42

I never encountered a trade site that doesn't charge a fee, the fee is the one that makes the site alive, so if the site doesn't charge fee then their option will earn from ads which is really bad for a trading sites, that is why all of the site i trade charge fee
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February 17, 2017, 12:44:30 AM
 #43

I never encountered a trade site that doesn't charge a fee, the fee is the one that makes the site alive, so if the site doesn't charge fee then their option will earn from ads which is really bad for a trading sites, that is why all of the site i trade charge fee

Same here because this percentage fee  is the sites commission. That is the way they earn their income and also the charged the devs for their coin to be listed.This fees goes to sites maintenance,salary for staff and so forth. In addition theses exchages is also an investment and owners must also gained from it.

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February 17, 2017, 10:16:57 AM
 #44

I have used several exchanges for trading and they all have charged fees. They need to collect fees to make their profits and to run the website and provide security.
But have late to used the Chinese exchange before PBOC has done a survey for those exchange site. and most of them are not having the charge fees.

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February 18, 2017, 06:02:28 AM
 #45

Bitcoin.co.id has chance for trading with zero fees if we trade bitcoin to fiat (IDR) maker order
and never taker order on there is mean free fees,
there are altcoins be traded on there all of trading altcoins are free there are not fees
although we become taker or maker order.
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February 18, 2017, 07:06:16 AM
 #46

Bitcoin.co.id has chance for trading with zero fees if we trade bitcoin to fiat (IDR) maker order
and never taker order on there is mean free fees,
there are altcoins be traded on there all of trading altcoins are free there are not fees
although we become taker or maker order.

No I don't think there are such sites who operates trading platform that does not collect fees. If so, I think you have to stay away and don't invest your coins there because it is likely a scam.

They should collect fees to make their service at best. It is usually 0.2% or 0.02% every transaction. It is to maintain their good service and other manitenance for that site. It is reasonable because that was not that large fee compared to the profit you are making in trading.

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February 18, 2017, 10:09:41 AM
 #47

Bitcoin.co.id has chance for trading with zero fees if we trade bitcoin to fiat (IDR) maker order
and never taker order on there is mean free fees,
there are altcoins be traded on there all of trading altcoins are free there are not fees
although we become taker or maker order.

No I don't think there are such sites who operates trading platform that does not collect fees. If so, I think you have to stay away and don't invest your coins there because it is likely a scam.

They should collect fees to make their service at best. It is usually 0.2% or 0.02% every transaction. It is to maintain their good service and other manitenance for that site. It is reasonable because that was not that large fee compared to the profit you are making in trading.
Actually trading on bitcoin.co.id is not free fees, but we have chance for getting free fees,
if we trade with maker order and not taker, but on altcoins trading is free fees,
bitcoin.co.id is not scam website almost all of users bitcoin on Indonesia trading on there.
For the detail about the fees you can check on there https://help.bitcoin.co.id/
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February 18, 2017, 10:14:09 AM
 #48

They were not free til now, They were just getting their money by increasing and decreasing the rate of Buy and sell. Now they can't do that openly so they started taking fees. They have to take fees to let their company run properly. Every exchange charges as the value of Bitcoin and popularity is high now.


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February 18, 2017, 10:17:06 AM
 #49

Most of the sites are charging fees for transaction without it site won't run for long they have expenses too to cover it.

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February 18, 2017, 11:34:13 AM
 #50

I don't think that there are sites who do not charge fees because if those sites will not requires fees then there business or site will be nonsense because that is how they generate income from charging fees on withdraw or even on sellin or buying a coin. So it is nearly impossible for a site to not charge a fee even it is small or big.

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February 21, 2017, 07:59:47 PM
 #51

As far as I know, Chinese trading sites did not charge a transaction fee. They have recently begun to charge transaction fees.
Are there any trade sites that do not charge a transaction fee?

all exchange sites had their own average percentage of transaction fees, it is ridiculous that some of the trading platform don't have the fee for each transaction. What if the exchange get a problem with the maintenance, something like that.

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March 18, 2017, 11:24:33 AM
 #52

As far as I know, Chinese trading sites did not charge a transaction fee. They have recently begun to charge transaction fees.
Are there any trade sites that do not charge a transaction fee?
I never know that there is a trading exchange that are not not giving any fee. As far as I know most trading platform are giving any charge fro every transaction, where the sites survive.

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April 11, 2017, 10:43:27 PM
 #53

Besides Chinese platforms, there's only Whaleclub that doesn't charge trading fees at the moment. The Chinese had no fees because they had massive volumes, and in order to limit the influence of the whales and improve liquidity, they introduced the trading fees.
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April 11, 2017, 11:31:45 PM
 #54

Tidex do not charge transaction fees.. This is a common starting campaigns for most new crypto site exchanges.
But once they have accumulated huge users, for sure they will. See the link from my sig.

As far as I know, Chinese trading sites did not charge a transaction fee. They have recently begun to charge transaction fees.
Are there any trade sites that do not charge a transaction fee?


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April 12, 2017, 12:46:29 AM
 #55

Yeah, one more thing why are you looking for no fees? Strong and reliable crypto currency sites are charging fees. I am a website owner and we are paying for what we called domain name and webhosting fees. Crypto currency site eat a lot of website resources, bandwidth, payment for website admins.

Just try to imagine: 0.15%, 0.25% is so small, than paypal: 2.9% plus $0.30 USD


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April 12, 2017, 01:40:52 AM
 #56

Yeah, one more thing why are you looking for no fees? Strong and reliable crypto currency sites are charging fees. I am a website owner and we are paying for what we called domain name and webhosting fees. Crypto currency site eat a lot of website resources, bandwidth, payment for website admins.

Just try to imagine: 0.15%, 0.25% is so small, than paypal: 2.9% plus $0.30 USD
I agree, a trading site in which does not charges such fee won't last since they do not have a source of income in order to maintain their site and to process the transaction being made in every trade. Paypal charges larger percentage since a trader pays tax to government which in crypto currency, traders do not do since it is not in the control of the government yet it's legal.

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fitty
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April 12, 2017, 02:19:13 AM
 #57

Yeah, one more thing why are you looking for no fees? Strong and reliable crypto currency sites are charging fees. I am a website owner and we are paying for what we called domain name and webhosting fees. Crypto currency site eat a lot of website resources, bandwidth, payment for website admins.

Just try to imagine: 0.15%, 0.25% is so small, than paypal: 2.9% plus $0.30 USD

Yeah, those trading sites are getting their income by the fees charged in every transaction. These fees, they are using in order to maintain the good service of their sites. Usually it is not that high and I found it reasonable since you are getting profit and you are using their platform. As what is said above, there are lots of things to be paid for when you are owning a website, and there is no other way to get those expenses by charging them fees. Otherwise, those sites that does not offer fees are those scam once or they are also trading ang manipulating the price of the coin they are offering to trade.

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April 12, 2017, 02:37:47 AM
 #58

It is impossible to have a trading sites that do not charge a fee in doing transactions like buy and sell and also in doing withdrawals. Fees in trading site is one of the things that make the sites strong, because fees serves as an income to them which they use it to maintain the site and use it as a fund in doing other type of progress in their site like improving their site or having a new feature. Fees is always required and it's impossible to have a site that does not charge.

SmokerFace
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April 12, 2017, 09:06:54 AM
 #59

As far as I know, Chinese trading sites did not charge a transaction fee. They have recently begun to charge transaction fees.
Are there any trade sites that do not charge a transaction fee?
There's no exchange or trading site that doesn't have transaction fee because transaction fee is the only way to earn from making a trading site, no one will ever make a trading site that you put your all effort in just for fun or to help peoples to exchange money, The reason why developers make that site to earn money from Withdrawal fees and Transaction fees, As you see many of exchange sites don't have advertisement spot because they already earn a huge profit from fees.

Think about the profit that they earn, Example:
10,000,000 users in your exchange site and the fees for every 1million satoshi transaction is 10,000 satoshi,
10,000,000 x 10,000 = 100Billion satoshi every 0.01 Traansaction and think how many BTC transacts everyday.
Question123
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April 12, 2017, 09:36:51 AM
 #60

I don't think that there are sites who do not charge fees because if those sites will not requires fees then there business or site will be nonsense because that is how they generate income from charging fees on withdraw or even on sellin or buying a coin. So it is nearly impossible for a site to not charge a fee even it is small or big.
agree if those exchanges site are no fees their business is nonsense why? We build business to earn money so who people create that no fees for exchanging site. Why trade site have fees? To recover or to restore what the site problems in the futurw and for the many updates. In this generation you can only see little free but most of them are need money before work. It depends of how much you sell or you buy the fees. If you buy or sell high ofcoarse fees if high and low you buy or sell the fees is only low.

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