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Author Topic: Lowest fees exchanges  (Read 285 times)
MadGamer (OP)
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March 24, 2017, 12:40:03 PM
 #1

Do we have a list around the forums with the exchanges and their fees? some fees are simply not mentioned in the FAQ or the website until you make an account and see by yourself and I don't want to go through all this painful process. If someone could let me know about the lowest fee exchange, I will be grateful.

I prefer something where no verification is needed and I shouldn't be from a specific country, basically works worldwide without the need of using a VPN.
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Catmony
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March 24, 2017, 05:54:44 PM
 #2

Found quite old article on coindesk which have compared fees between exchange platforms: http://www.coindesk.com/bucks-to-bitcoin-top-exchange-platform-fees-compared/

There is nice review about few trading platform here too : https://99bitcoins.com/best-bitcoin-exchanges-comparison-review/

Also list of different exchanges with users overall ratings here: https://www.bestbitcoinexchange.io/
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March 24, 2017, 06:22:07 PM
 #3

Not every exachnge has global range, it would help if you disclose your whereabouts and the currency you wish to trade,
so you will receive better answers. There are many local exchanges which offer better trading options than giants like Coinbase or Bitfinex.
They certainly offer better deal if we talking about creation of account and verification needed to trade.


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March 24, 2017, 07:43:36 PM
 #4

Actually, Polo will reduce your fee every time you can reach certain amount of transaction per 30 days which will ultimately reach 0.00%. It require a lot of btc, though. Otherwise, Hazir is correct, local exchanger will usually offer free-fee as their competitive strategy against bigger exchanger, although maybe their coin variety is not as wide as polo or bittrex, let alone yobit

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minero1
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March 24, 2017, 07:49:16 PM
 #5

I would like to think the smaller the exchange the lower the fee so to bring in more of a customer base when first starting out.
Then after being around for a much longer period of time they will eventually raise this rate per exchanges done using their platform.
nanonymousx
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March 25, 2017, 05:22:19 AM
 #6

You do know that exchange hold your money, if they charge low fee, there is always a possibility they will disappear altogether and you lost everything.
Dont park your money in any exchange too much too long.
minero1
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March 25, 2017, 12:33:03 PM
 #7

Not every exachnge has global range, it would help if you disclose your whereabouts and the currency you wish to trade,
so you will receive better answers. There are many local exchanges which offer better trading options than giants like Coinbase or Bitfinex.
They certainly offer better deal if we talking about creation of account and verification needed to trade.
This one even if you send in your identification held one of it's VERIFIED members funds for two months.

Dargo:
"This que includes deposits held for other reasons that may take longer to release."

Other reasons: you are broke and stole them, for example.

I may remind YOU that you HOLD MY FUNDS for two months now. And You have NO RIGHT to do so as you KNOW my identity 100%.

You do not care anyway, as you know that I cannot do anything. You stole my money and laugh at me, keep me waiting and tell me some foggy nonsense to keep my away from having you prosecuted for theft.

I WANT MY MONEY BACK. Two months waiting is enough.

BS
If you are proving who you are and have to wait this long to get these exchanges to verify your account to be yours then why both to register with them in the first place? Doesn't make any sense to do it.
Might as well try and find one that is identification-free for you to be able to withdraw after you do trades and want to be able to get your money out when you want to. Embarrassed
MadGamer (OP)
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March 26, 2017, 03:32:56 PM
 #8

I'm sorry If I sounded unclear on my request but I don't need something for fiat, It's mostly for trading a lot of known coins to Bitcoin and vice versa. I also didn't knew that you could reach zero fees using Poloniex, If someone could lead me to a blog post or something where more info about the amount needed to achieve that, It would be good.
holydarkness
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March 26, 2017, 04:58:53 PM
 #9

I'm sorry If I sounded unclear on my request but I don't need something for fiat, It's mostly for trading a lot of known coins to Bitcoin and vice versa. I also didn't knew that you could reach zero fees using Poloniex, If someone could lead me to a blog post or something where more info about the amount needed to achieve that, It would be good.

It's on https://poloniex.com/feeTier/ but i think you need to have an account and login with that account to be able to see that page. I am currently online through my phone and it will take a lot of effort to post an image here.

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