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Author Topic: Where are the best conditions for trade / transaction?  (Read 191 times)
Dzhavid Asadov (OP)
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December 21, 2018, 10:29:20 AM
 #1

Tell me which stock exchange you can buy Alternative cryptocurrencies with min. commission? And the second question is where are the best conditions for trading / transactions, where is this minimum percentage?
Personally, I am now trading on Binans and with my trading volumes, I can only afford the following conditions for trading:

Level   30d --- Trade Volume(BTC)   & BNB holdings          Maker       Taker                Maker      Taker

  VIP 1                          ≥ 100 BTC & ≥ 50 BNB              0.0900%   0.1000%           0.0675%   0.0750%

Footnote below:
https://www.binance.com/en/fee/schedule

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December 22, 2018, 05:15:37 PM
 #2

They all have about the same percentage for maker/taker, more or less. @Raja_MBZ compiled a list few days ago Crypto exchanges comparison [trade fee + listing fee + age + mobile app + more!] I personally don't bother with the fees as I prefer to use a top-notch service regardless of its but it's already a good list that can help.
As for your second question, I don't get what you call the best conditions, so I would say slumped on your sofa with a girl doing table dancing. It's a motivating condition for trading.

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Tytanowy Janusz
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December 22, 2018, 05:47:31 PM
 #3

Yep. Binance is the best exchange for now.

Best support - telegrams in close to 30 languages with instant replay from admin
best secured - it even have special system to lock suspicious trades that in last year save custommers coins twice.
higher volume (lower spread)- and its real volume. On other exchanges like Lbank Ubex, Bitforex 90% of trades are fake.
Low fees - 0.075% with bnb.
great, sharp inteface.

I'm daytrading on binance every day for more than a year. I havent seen better exchange.
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January 28, 2019, 01:16:15 AM
 #4

I think Binance is the best exchange now because they offer lowest trading fee if we use BNB coin to pay that fee.  With high daily  trading volume we can get better liquidity and fast transaction.  With good customer  support we can get quick respon when we have any question  or problem. And they only listed good fundamental coins.

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February 27, 2019, 01:40:44 AM
 #5

Only Cobinhood exchange that offer zero trading fee but the trading volume there lower so the spread will be higher. I think only Binance that provide cheapest trading fee with high trading volume so we get very low spread. I hope Binance will add OCO order so we can put stop loss and take profit at the same times.

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February 27, 2019, 10:02:20 AM
 #6

Binance is the best place to buy alternative cryptocurrencies. However, I advise you not to keep a lot of money in your account there, since they can block you.
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February 27, 2019, 10:14:27 AM
 #7

Only Cobinhood exchange that offer zero trading fee but the trading volume there lower so the spread will be higher. I think only Binance that provide cheapest trading fee with high trading volume so we get very low spread. I hope Binance will add OCO order so we can put stop loss and take profit at the same times.

What exchange names itself Cobinhood? It constantly reminds me of Robinhood, which made me think that it was a typo at first. Ridiculous name for an exchange, and their volumes ($750,000 total) are just as ridiculous. The zero fee trading is meaningless when there are huge spreads costing you way more than paying a regular fee on a reputable exchange.
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February 27, 2019, 11:06:18 AM
 #8

Only Cobinhood exchange that offer zero trading fee but the trading volume there lower so the spread will be higher. I think only Binance that provide cheapest trading fee with high trading volume so we get very low spread. I hope Binance will add OCO order so we can put stop loss and take profit at the same times.

What exchange names itself Cobinhood? It constantly reminds me of Robinhood, which made me think that it was a typo at first. Ridiculous name for an exchange, and their volumes ($750,000 total) are just as ridiculous. The zero fee trading is meaningless when there are huge spreads costing you way more than paying a regular fee on a reputable exchange.

Spreads have been a big issue and when these guys speak about fees, they always forget the fact that none of the exchanges can operate without a catch and they also need something for their server costs, domain costs, and significantly the trade engine through which they provide their services. And when there are services, how can anyone expect that these exchanges would provide them for almost free to their users?

Op, Bittrex is another good option where you can find good volume but still Binance is cheaper if compared in terms of fees because they allow BNB to be used as a fee token to save 25% on each trade fee.
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February 27, 2019, 11:53:39 AM
 #9

Binance is the best place to buy alternative cryptocurrencies. However, I advise you not to keep a lot of money in your account there, since they can block you.

How do you mean block you? For what reason will they do that? You have a reason or experience with that? I have not heard finance is scam or what point you are saying, if you would explain more because I'm also considering trade.
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February 28, 2019, 05:54:26 PM
 #10

Binance is the best place to buy alternative cryptocurrencies. However, I advise you not to keep a lot of money in your account there, since they can block you.
Binance is one of the best exchange today and you can trade different cryptocurrencies in that exchange. It is not advisable to keep your funds or cryptocurrencies in any kind of exchange because it is very dangerous. I also trade in Binance because of their security but not most of the time I keep on cryptocurrencies in Binance exchange.
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February 28, 2019, 06:35:19 PM
 #11

Honestly, I never bother about how much fees I am paying for my trading. I'm trading both bittrex and binance but I never choose an exchange based on trading fees. Moreover, I'm not an active trader but I am slowly turning to be active with my trading still I feel trading fees are comparatively less significant but securing our funds and having more liquidity are my biggest concern for choosing an exchange.

Will you leave a highly comfortable trading exchange just for the reason of having higher fees structures ? I guess I will never do that because I'm just paying the fee from my profits and it is not at all impacting my overall profits in any way hence I will keep on ignoring the fees part always.

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February 28, 2019, 10:25:04 PM
 #12

I don't think if you understand the market well, there would be a need for knowing the best condition to trade, crypto is a very volatile market which makes it even more easier to make money from it than from other platforms.
We all know that the price of crypto increases and reduces every seconds, ounces you can watch the trend and see how goes, you can even make up to 10% profit in a bearish market.

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March 02, 2019, 07:32:54 AM
 #13

I prefer to trade crypto with pair stable coin and choose exchange that provide feature of Price condition so i can trade by use stop loss and take profit at single potition. Use feature of stop loss and sell limit at single potition will make trading become more profitable. Iam not choose exchange according to trading fee, because the trading fee between all exchange about 0.75%-0.2% pertrade.

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