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Author Topic: what is exhange the best low fee for trand?  (Read 365 times)
bbnnbb (OP)
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May 20, 2017, 07:24:57 PM
 #1

what is the best buy/sell BTC with low fee and exchange?
Some exchange not real time with high exchange fee and take long time
now btc=2K and 0.0002 fee trans
any ways for new trader?
I use chart for future.
https://i.imgur.com/H7CKvcL.png
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jmigdlc99
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May 21, 2017, 12:48:21 AM
 #2

Fees are the way exchanges earn money. I would not risk investing on exchanges that have none or very low fees because they may be scams.

I would suggest trading on poloniex since its the biggest and probably safest.

Anyway, could you clarify what your chart is for?


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May 21, 2017, 12:55:30 AM
 #3

Do you mean Bitcoin/Altcoins exchanges trade fee (they have like 0.00001BTC on any trade exceeding 0.001BTC, which isn't much), or buying/selling bitcoin trader fee like Localbitcoins.com? Clarify your question because it doesn't say much.

Also, 0.0002BTC as fees is not related to Bitcoin price, but to the inputs and outputs data size.

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RoommateAgreement
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May 21, 2017, 03:32:24 AM
 #4

Do you mean Bitcoin/Altcoins exchanges trade fee (they have like 0.00001BTC on any trade exceeding 0.001BTC, which isn't much),

i think a bit of clarification is needed:
the trading fee (Bitcoin/Altcoins exchange fee) is a percentage of your order size not a fixed amount so if you for example buy 10BTC worth of an altcoin you have to pay 0.02BTC as fee if the fee is 0.2%
and if you buy 0.01BTC then you have to pay 0.00002BTC fee

Buying the dip...
bbnnbb (OP)
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May 21, 2017, 12:24:41 PM
 #5

Quote
could you clarify what your chart is for?
ether/btc

when open more orders you lose because high fee any order take e.x 0.0001 *10 0.001

Thank you for all

most of exchange base BTC for trading

I try poloniex there is limit and stop I don't understand it.

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May 21, 2017, 12:42:31 PM
 #6

I hope this will help you https://en.bitcoin.it/wiki/Comparison_of_real-time_trading_exchanges
Yes theres limit on Poloniex. But try to verify you account there. So you can maximize the volume you want to buy. Poloniex fee is good also. Fees on exchanges i think should not be exceeded to 0.2% fee.and .0002 btc fee for withdrawal.
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