Bitcoin Forum
November 19, 2019, 03:53:12 PM *
News: 10th anniversary art contest
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 »  All
  Print  
Author Topic: Zero Fee Trading?  (Read 335 times)
Yunbalo
Newbie
*
Offline Offline

Activity: 192
Merit: 0


View Profile
August 06, 2018, 02:23:15 PM
 #21

There are many places where high transaction costs, I do not agree with such high fees and I always avoid those places,
1574178792
Hero Member
*
Offline Offline

Posts: 1574178792

View Profile Personal Message (Offline)

Ignore
1574178792
Reply with quote  #2

1574178792
Report to moderator
1574178792
Hero Member
*
Offline Offline

Posts: 1574178792

View Profile Personal Message (Offline)

Ignore
1574178792
Reply with quote  #2

1574178792
Report to moderator
The Bitcoin Forum is turning 10 years old! Join the community in sharing and exploring the notable posts made over the years.
1574178792
Hero Member
*
Offline Offline

Posts: 1574178792

View Profile Personal Message (Offline)

Ignore
1574178792
Reply with quote  #2

1574178792
Report to moderator
1574178792
Hero Member
*
Offline Offline

Posts: 1574178792

View Profile Personal Message (Offline)

Ignore
1574178792
Reply with quote  #2

1574178792
Report to moderator
panjay
Sr. Member
****
Offline Offline

Activity: 756
Merit: 323


View Profile
August 06, 2018, 03:05:17 PM
 #22

in indodax.com BTC/ALTS pairs was a free fee zone, I mean you don't trade with usd or any leverage obviously but yeah there was an exchange with zero fees.
Davido1174
Newbie
*
Offline Offline

Activity: 210
Merit: 0


View Profile
August 06, 2018, 06:58:43 PM
 #23

During my time in this industry, virtually all exchanges have one form of fee or their other. Its not advisable to use any exchange that is zero fee as this can be detrimental to your finances.
jacee
Legendary
*
Offline Offline

Activity: 1330
Merit: 1024


View Profile WWW
August 06, 2018, 07:08:58 PM
 #24

Those zero fee exchanges have mostly a very low volume. I'd choose exchanges with fees and feel more safe with my coins on them.
There are actually trusted exchanges that have 0 fees on a certain pair like bitmex with its BTC/USD market but you are correct since there is no volume in there. I've also checked the exchanges on coinmarketcap that have ) fees and no volume on any exchanges whatsoever.

@OP your best option is to just find the exchange that offers the smallest fee since the exchanges providing 0 fees will be of no use because of it's 0 volume.
One best option for you is Binance. You can take advantage of its low trading fee when you use their binance token.
Another is COSS which also offers their own coin and you can even earn from dividents.

also
CoinExchange have .15% fee
Cex.io offer .20% - .25% fee on trades
buwaytress
Legendary
*
Offline Offline

Activity: 1162
Merit: 1044


https://bitcoin.watfordfc.com


View Profile
August 06, 2018, 07:10:39 PM
 #25

I must be getting quite outdated, admitting I only recently heard of this zero fee trading on exchanges. And this transaction fee mining thing going on? That's new to me too. I'm not sure how I feel about all these fancy new ways of overcoming fee issues, but I of course understand how some traders lose a lot if they do tens of trades every day. That easily adds up to huge losses just on fees. But from what I used to fin, where the fee is low, the spread is high, or the price just not good enough. Essentially, all things equal in the end for the casual trader.

On the other hand, if fees are just percentages, then why would $1 or $100 matter on your trade, OP? Or are you making $1 on $1000 trades? IF that's so, seems a bit pointless to me.

jorgelugra
Member
**
Offline Offline

Activity: 266
Merit: 10


View Profile
August 06, 2018, 08:52:19 PM
 #26

I think that your strategy is smart enough and I like it much! To my mind, this is good news! I can say that this is the best possible way out from the trading problems. I think I will stick to zero trading as well
richcorner100
Full Member
***
Offline Offline

Activity: 560
Merit: 100



View Profile
September 03, 2018, 02:10:25 AM
 #27

To take small profit when trading will be more easy if that pair has high trading volume so we get also high liquidity, and so far the best exchange that has highest trading volume with liquidity is Binance, this exchange is very good for scalping, day trading and swing trading. And also has lowest trading fee compared others big exchanges.

docamvan1997
Newbie
*
Offline Offline

Activity: 126
Merit: 0


View Profile
September 03, 2018, 02:33:13 AM
 #28

I think there is no exchange which has zero fee. They need fee to survive. Some exchanges have game for users. If they have no fee, they'll have not money for rewards. Do not try to find zero fee exchange. It wastes your time.
janggernaut
Legendary
*
Offline Offline

Activity: 1372
Merit: 1004



View Profile
September 03, 2018, 02:35:30 AM
 #29

I think that your strategy is smart enough and I like it much! To my mind, this is good news! I can say that this is the best possible way out from the trading problems. I think I will stick to zero trading as well
OP's strategy isn't smart actually. As you can read, he managed to make $1 - $30 with 1 btc as his bankroll. This mean, his strategy is arbitrage. He buys and move from 1 exchange to other exchange, then sell it on higher price in other exchange sites. That's why he looking for exchange which has 0% fee.

          ▄▄████▄▄
      ▄▄███▀    ▀███▄▄
   ▄████████▄▄▄▄████████▄
  ▀██████████████████████▀
▐█▄▄ ▀▀████▀    ▀████▀▀ ▄▄██
▐█████▄▄ ▀██▄▄▄▄██▀ ▄▄██▀  █
▐██ ▀████▄▄ ▀██▀ ▄▄████  ▄██
▐██  ███████▄  ▄████████████
▐██  █▌▐█ ▀██  ██████▀  ████
▐██  █▌▐█  ██  █████  ▄█████
 ███▄ ▌▐█  ██  ████████████▀
  ▀▀████▄ ▄██  ██▀  ████▀▀
      ▀▀█████  █  ▄██▀▀
         ▀▀██  ██▀▀
.WINDICE.████
██
██
██
██
██
██
██
██
██
██
██
██
████
      ▄████████▀
     ▄████████
    ▄███████▀
   ▄███████▀
  ▄█████████████
 ▄████████████▀
▄███████████▀
     █████▀
    ████▀
   ████
  ███▀
 ██▀
█▀

██
██
██
██
██
██
██
██
██
██
██
██
     ▄▄█████▄   ▄▄▄▄
    ██████████▄███████▄
  ▄████████████████████▌
 ████████████████████████
▐████████████████████████▌
 ▀██████████████████████▀
     ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
     ▄█     ▄█     ▄█
   ▄██▌   ▄██▌   ▄██▌
   ▀▀▀    ▀▀▀    ▀▀▀
       ▄█     ▄█
     ▄██▌   ▄██▌
     ▀▀▀    ▀▀▀

██
██
██
██
██
██
██
██
██
██
██
██
                   ▄█▄
                 ▄█████▄
                █████████▄
       ▄       ██ ████████▌
     ▄███▄    ▐█▌▐█████████
   ▄███████▄   ██ ▀███████▀
 ▄███████████▄  ▀██▄▄████▀
▐█ ▄███████████    ▀▀▀▀
█ █████████████▌      ▄
█▄▀████████████▌    ▄███▄
▐█▄▀███████████    ▐█▐███▌
 ▀██▄▄▀▀█████▀      ▀█▄█▀
   ▀▀▀███▀▀▀
████
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
████


▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████████▀▀  █████
████████████▀▀      ██████
▐████████▀▀   ▄▄     ██████▌
▐████▀▀    ▄█▀▀     ███████▌
▐████████ █▀        ███████▌
████████ █ ▄███▄   ███████
████████████████▄▄██████
▀████████████████████▀
▀████████████████▀
▀▀████████▀▀
iePlay NoweiI
I
I
I
cryptogideon19
Member
**
Offline Offline

Activity: 321
Merit: 10


View Profile
September 03, 2018, 08:46:05 AM
 #30

For me It's good to trade on trading site with fee because it's more safe than the no fee trading site. WHY? simple, all the trading site want's a fee's for every trade for the maintenance and to the hosting Fee for their Site and what about for the Free trading site where they gonna make money if there's no fee to every trading ? So tendency none. That's my opinion if you see it's wrong then ignore Smiley
sherwinsamsung
Jr. Member
*
Offline Offline

Activity: 202
Merit: 1

GPTCash Weekly Airdrop: https://discord.gg/cujJP4k


View Profile
September 03, 2018, 10:25:16 AM
 #31

is earning 1-30usd per transaction?  i think it's more of per ttansaction, and 30usd profit x 50 transactions a day = 1500usd.  not bad already.  doing 50 transactions on bitcoin is doable since bitcoin is a high volume crypto.  just be mindful also that exchanges have withdrawal fees.

▂▆●● SynchrotronCoin.com - Payment solution - Airdrops live NOW!●●▆▂
Armadeus
Jr. Member
*
Offline Offline

Activity: 70
Merit: 2


View Profile
September 03, 2018, 10:29:33 AM
 #32

I have developed a profitable day trading strategy using neural nets and is very consistent. Works great but the problem is it takes only small profits $1 to $30 based on 1 BTC traded in and out. So any fees would kill it.

Is there any exchanges that allows to place market orders (buy at ask and sell at bid) without any fees? or crazy wide spread?

The exchanges with no fees are highly manipulated because nothing can stop from doing fake transactions (matches bids and asks) there.
So you should double check your strategy and if it requires margin trading then exchanges with zero fees are not suitable. 
Ekenegbu123
Newbie
*
Offline Offline

Activity: 154
Merit: 0


View Profile
September 04, 2018, 06:47:04 PM
 #33

It would be a bit hard task to find an exchange that has zero trading fee. Its a bit of a hard task to get that in my opinion. Its better to work with the ones that have minimal fees than to work with the ones that have zero fees or high fees
Matic
Full Member
***
Offline Offline

Activity: 284
Merit: 100


https://eloncity.io/


View Profile
September 04, 2018, 08:36:46 PM
 #34

I have developed a profitable day trading strategy using neural nets and is very consistent. Works great but the problem is it takes only small profits $1 to $30 based on 1 BTC traded in and out. So any fees would kill it.

Is there any exchanges that allows to place market orders (buy at ask and sell at bid) without any fees? or crazy wide spread?
I dont think it is possible, just because we are trading on the exchange platforms, which are created  and managed with the people who are as well having a desire to live and earn, as we are.

matthewoz101
Jr. Member
*
Offline Offline

Activity: 280
Merit: 2


View Profile
September 04, 2018, 08:47:53 PM
 #35

I have developed a profitable day trading strategy using neural nets and is very consistent. Works great but the problem is it takes only small profits $1 to $30 based on 1 BTC traded in and out. So any fees would kill it.

Is there any exchanges that allows to place market orders (buy at ask and sell at bid) without any fees? or crazy wide spread?

I'm interested as well. There are exchanges that have "0 trading fees", but you may need to look out for withdraw/deposit fees.
Akoldi_ibk
Jr. Member
*
Offline Offline

Activity: 672
Merit: 1


View Profile WWW
September 04, 2018, 08:49:59 PM
 #36

Where there is free trading, there is always a catch especially with the waves of exchange entry the space. Also, you might not have wide range of coins in such exchange coupled with low trading volume. I advise you go back to your drawing board and sketch out a profitable strategy. It might not be day trading.
EXtremeAEX
Hero Member
*****
Offline Offline

Activity: 798
Merit: 503



View Profile
September 04, 2018, 10:51:17 PM
 #37

To date, there are several exchanges that offer their services without commission fees: Bitmex, Quoine, Coincheck, Cobinhood, Upbit, Lykke Exchange, Zaif and a few more. These exchange offer to trade some currencies without commission fees. Most of all I like Cobinhood, because this exchange offers to trade the largest number of trading pairs among other exchangers.


                         ███████
                      ████    ████
                      ███       ███
                      ███       ███
                       ████   ███
                         ███████
               
         
        ██████████████                ██████████████
     ███████████████████         ████████████████████
   ███████████████████████████████████████████████████
 ████████████    ██████████████████████████    █████████
███████████                                     ███████                                 
████████████    ██████████████████████████    █████████ 
   █████████████████████████████████████████████████
        ███████████████              ███████████
                                     
      ██████████████                ██████████████
     ███████████████████         ████████████████████
   ███████████████████████████████████████████████████
 ████████████    ██████████████████████████    █████████
███████████                                     ███████                                 
████████████    ██████████████████████████    █████████ 
   █████████████████████████████████████████████████
        ███████████████              ███████████
AUDITCHAIN
.
   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀   ▀▀▀▀▀▀▀▀
.



.
.


.
READ OUR WHITEPAPER
.
YouTubeRedditLinkedInInstagramMedium
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
manggis97
Member
**
Offline Offline

Activity: 420
Merit: 10


View Profile
September 05, 2018, 01:08:09 AM
 #38

I think the important thing than trading fee is high liquidity and lowest spread,  if the spread lower we can make small profit by more easy.  So far i only found Binance exchange that has lowest spread and lower trading fee with highest trading volume.  I was compare spread of Binance with others exchanges and i found Binance is has lowest spread.

ASTC     |     Airsave Travel     [ PRE ICO BEGINS ON 10TH SEP 2018 ]
─────     A Decentralized Social Saving Travel DApp     ─────
  Whitepaper       [     Facebook     |     Twitter     |     Telegram     ]       Announce 
Natsuu
Full Member
***
Offline Offline

Activity: 462
Merit: 100


View Profile
September 05, 2018, 01:16:11 AM
 #39


Is there any exchanges that allows to place market orders (buy at ask and sell at bid) without any fees? or crazy wide spread?

Try cobinhood, it's zero trading fee but the things is they're withdrawal fee is a little bit higher, but it's pretty good to use, so far.
IMO, trading fee shouldn't bother you since you're earning good and it doesn't kill you tho, instead always just look fir high trading volume.
tanzaholzmann
Newbie
*
Offline Offline

Activity: 84
Merit: 0


View Profile
September 05, 2018, 01:38:11 AM
 #40

I once traded on cobinhood.com and there are no selling and buying transaction fees, so if you are interested and want to trade on cobinhood you can try it and this is the official link from that market www.cobinhood.com
Pages: « 1 [2] 3 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!