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Author Topic: Is there any crypto exchange platforms without fees?  (Read 402 times)
Valera Vlasyuk (OP)
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May 31, 2018, 04:06:33 PM
Last edit: May 31, 2018, 06:43:28 PM by Valera Vlasyuk
 #1

We are making research about free crypto trading platforms.

Can anyone suggest some good exchanges without trading and withdrawal fees?

BTW if there are free crypto exchanges why they are not very popular?

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May 31, 2018, 04:50:34 PM
 #2

We are making research about free crypto trading platforms.

Can anyone suggest some good exchanges without trading and withdrawal fees?

BTW if there are free crypto exchanges why they are not very popular?



You don't expect to see free ones. The only situation where this might be possible is going to be for promotional purposes and most times its always for selected few who registered early on the site as a way of compensating for their loyalty and trust of a new site coming to the market and for a definite period of time. If its free, how would the security of the site be maintained, or how would they pay their staff, ensure liquidity and other cost of running an effective exchange platform.
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May 31, 2018, 05:02:01 PM
 #3

We are making research about free crypto trading platforms.

Can anyone suggest some good exchanges without trading and withdrawal fees?

BTW if there are free crypto exchanges why they are not very popular?


Cobinhood claims to be a zero fee cryptocurrency exchange: https://cobinhood.com/home
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May 31, 2018, 05:36:34 PM
 #4

We are making research about free crypto trading platforms.

Can anyone suggest some good exchanges without trading and withdrawal fees?

BTW if there are free crypto exchanges why they are not very popular?


No one will give free services for you and if someone saying they are offering free services never send your money into those accounts because your account will be frozen once you deposit your money there.The fee are collected because they are giving some services to us and they also have to maintain staffs for that site so they can't provide this service for free,unless you do. Roll Eyes

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May 31, 2018, 05:54:45 PM
 #5

We are making research about free crypto trading platforms.

Can anyone suggest some good exchanges without trading and withdrawal fees?

BTW if there are free crypto exchanges why they are not very popular?


No one will give free services for you and if someone saying they are offering free services never send your money into those accounts because your account will be frozen once you deposit your money there.The fee are collected because they are giving some services to us and they also have to maintain staffs for that site so they can't provide this service for free,unless you do. Roll Eyes
Exactly mate, as of now no one service offered for free. Exchange site will have profit by collecting from clients fees during they have a transaction either it is deposit or withdrawal transactions. So, let us accept the fact that we need to pay for them for better good service aside from those shitty exchange that having a ton of issues. That's the reason why I stored my coins in exchange while it is a small amount that not enough to cover the fees.

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May 31, 2018, 06:01:40 PM
 #6

We are making research about free crypto trading platforms.

Can anyone suggest some good exchanges without trading and withdrawal fees?
I cant suggest since theres no exchange that doesnt have withdrawal fees. Anything that makes transactions specially withdrawals would really need the fee. They didnt built a charity to make it free for you.

BTW if there are free crypto exchanges why they are not very popular?
There are lots of unpopular exchangers but it doesnt matter since they dont give free fees at all into its traders so its pointless.

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May 31, 2018, 06:07:37 PM
 #7

The trading fees are most, if not all, of their revenues. It costs a lot of money to create, manage, secure such infrastructures. Why should you get the infrastructure for free while they paid millions?

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Valera Vlasyuk (OP)
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May 31, 2018, 06:41:45 PM
 #8

>dogetalk
>Cobinhood claims to be a zero fee cryptocurrency exchange: https://cobinhood.com/home

Looks like that this is the only one exchange in the market.....

>The trading fees are most, if not all, of their revenues. It costs a lot of money to create, manage, secure such infrastructures. Why should you get the >infrastructure for free while they paid millions?
 
Based on my experience there is a lot of marketing hype around "paid millions". Team of 3 people can easily create exchange.

So the FEE is a sign that exchange is a secure? Smiley Or there are other signs that you check before deciding to use the exchange?

>If its free, how would the security of the site be maintained, or how would they pay their staff, ensure liquidity and other cost of running an effective
>exchange platform.

I think that free exchange could earn money from extra/premium services. For example - listing fees, ads, fee to get your order processed first, margin trading fees.... or exit by selling the project to a competitor for BIG money.
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May 31, 2018, 07:10:35 PM
 #9

I have never found the crypto exchange platform without the fees because it is not reasonable from their side to provide services for free. I don't consider this to be a big problem as the fees aren't huge
Valera Vlasyuk (OP)
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May 31, 2018, 07:38:19 PM
 #10

I have never found the crypto exchange platform without the fees because it is not reasonable from their side to provide services for free. I don't consider this to be a big problem as the fees aren't huge

How much fees to do you usually pay monthly?
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May 31, 2018, 07:43:12 PM
 #11

We are making research about free crypto trading platforms.

Can anyone suggest some good exchanges without trading and withdrawal fees?

BTW if there are free crypto exchanges why they are not very popular?



If ever there are really crypto exchanges that offer free withdrawal, it might be not worthy to put a shot since; a) it's not popular b) doesn't have a clear terms. c) might be shady because come on, free service?

A legit and trustworthy trading exchanges obviously have some fees in order to run and operate smoothly.

Much better if you do research for comparison of trading/withdrawal fees per crypto trading platforms.

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May 31, 2018, 08:11:29 PM
 #12

We are making research about free crypto trading platforms.

Can anyone suggest some good exchanges without trading and withdrawal fees?

BTW if there are free crypto exchanges why they are not very popular?


Cobinhood claims to be a zero fee cryptocurrency exchange: https://cobinhood.com/home

CobinHood has withdraw fees. https://cobinhood.zendesk.com/hc/en-us/articles/360000448431-What-are-the-withdrawal-fees-

They're not too bad. You may make enough profits since you don't pay trading fees to pay for the withdraw fees. Or at least you should be able to if you're trading a substantial amount of money.
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May 31, 2018, 08:14:56 PM
 #13

We are making research about free crypto trading platforms.

Can anyone suggest some good exchanges without trading and withdrawal fees?

BTW if there are free crypto exchanges why they are not very popular?


There are no free exchange platforms out there that will do it for free, if there are they are a scam and you should stay away from them because they will defiantly take your money, the thing that you should be looking for is the exchange with the lowest fees on exchange and withdraw, and for this recommend using livecoin.net which i have found that it is the lowest by far.
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May 31, 2018, 08:21:32 PM
 #14

We are making research about free crypto trading platforms.

Can anyone suggest some good exchanges without trading and withdrawal fees?

BTW if there are free crypto exchanges why they are not very popular?


Hi Valera,try checking out this link https://coinmarketcap.com/exchanges/volume/24-hour/no-fees/ ,I havent tried to use any of the sites in that link,but if your just starting with your research i think this is a good list of source to start with.

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May 31, 2018, 08:37:03 PM
 #15

Well getting things for free is something one should be very careful of. Anyways I think the exchange with no fees will apply to trading, but I don't know whether we have a free trading+ withdrawal exchange. By the way Cobinhood claims to be a free trading exchange. Don't know how free their free services are though!
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May 31, 2018, 08:52:15 PM
 #16

We are making research about free crypto trading platforms.

Can anyone suggest some good exchanges without trading and withdrawal fees?

BTW if there are free crypto exchanges why they are not very popular?



I dont think there is one. Cobinhood open up with that kind of promo and didn't click much. I guess some do prefer the popularity of one exchange rather than freebies like that.
More people, the faster the trades that will happen. Besides they are just new with this kind of service.
Some may also prefer to stick with the older ones where trust is already made.
I think they are taking fees like 50k-100k satoshis by now. Which is not that much if you have made some money thru the use of their exchange.
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May 31, 2018, 09:08:14 PM
 #17

As far as I've know all trading sites transaction fee everytime you will exchanged your coin, from one coin to another coin that you will pay like eth(gas) and btc(mbtc). I don't think so if there is a free service in exchange site. If ever there is a free service exchange site surely it will be popular but for me it is only free in the beginning but for long years it will have a fee also.
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May 31, 2018, 10:15:12 PM
 #18

Well getting things for free is something one should be very careful of. Anyways I think the exchange with no fees will apply to trading, but I don't know whether we have a free trading+ withdrawal exchange. By the way Cobinhood claims to be a free trading exchange. Don't know how free their free services are though!
Almost all exchanges have transaction fees because they create the exchange to receive transaction fees from the investor. But you can choose the exchange with relatively low transaction costs such as Binance and Houbi, now also two Exchange is receiving a lot of attention of investors because of its quality.
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May 31, 2018, 11:32:14 PM
 #19

We are making research about free crypto trading platforms.

Can anyone suggest some good exchanges without trading and withdrawal fees?

BTW if there are free crypto exchanges why they are not very popular?



Sorry i think you're crazy and do not offend mate, you cant find crypto exchange without any charges specially in your trading job, simply to explain it because is all about business the dev's and the user's need to earn money.

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May 31, 2018, 11:58:29 PM
 #20

We are making research about free crypto trading platforms.

Can anyone suggest some good exchanges without trading and withdrawal fees?

BTW if there are free crypto exchanges why they are not very popular?



   Nowadays there is no free everything has a fees specially in crypto that always used internet and electricity consumption. All exchanges has a transaction fees everytime you make a transaction but every exchange has a different amount of transaction fees.

   

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