free / low cost exchange

[smooth nobody]

last time i needed to trade i went to coin base pro. they offered 0% trading fee for makers. now it's 0.15%. not the end of the world, but still sucks compared to 0%. are there any reputable exchanges still offering no fee trades?

[OmegaStarScream]

The only exchange I'm aware of is Cobinhood, but there isn't much liquidity, and not many coins are listed there. So basically unless you're going to use it for BTC/ETH and BTC (or ETH)/USDT, you won't find it much useful.

[agatha90]

There is one exchange that offers no alias free transaction fees, namely cobinhood exchange. It also offers ico underwriting services too. It's just that I don't guarantee whether this exchange is safe or not.

[traderethereum]

It seems, no exchanges are offering no-fee trades because they want to make a profit from the fee.
I think even in the recommended exchanges, they applied some fee for trades and I think that is no problem for us especially if we can make a profit from the coins.
Besides that, I think the fee will be needed for them to improve their site better than before.

[Lanatsa]

It seems, no exchanges are offering no-fee trades because they want to make a profit from the fee.
I think even in the recommended exchanges, they applied some fee for trades and I think that is no problem for us especially if we can make a profit from the coins.
Besides that, I think the fee will be needed for them to improve their site better than before.

Actually theres an exchange which had been mentioned above but well the thing concerns you is the liquidity and low volume so there's still no point on using it up
just like on what Omega said.

Exchangers are business so its just a common thing that fees is their way on profiting.

[leowonderful]

Digitex will launch somewhat soon and they advertise offering zero fees as well was leverage up to 100x with the margin trading on their platform. Not sure personally about how legit the exchange might be, and the waitlist for the exchange is relatively long as of right now AFAIK, but it might be worth checking out.

[BitBustah]

Why not just trade with other people directly?  You can find many trustworthy people on this forum and most people trade at 100% so neither person makes a profit on the other.

[el kaka22]

If you want to do trading right and not pay too much fee then your best bet is always binance. Can you find better fee structure somewhere else? Sure you can, but they are both cheap (if you use bnb your trading fee gets cut in half) and also they are very secure and trusted.

Now, you have to ask yourself which do you really want, pay less fee but trade somewhere you can not trust and may get "hacked" and lose all your money or a place where you will already pay very little fee maybe slightly more than the other place but have the security knowledge that even if they get hacked and 7000 bitcoins all lost they will still keep your money secure? That is why binance is at the perfect spot of being both cheap but also trustworthy for me and I would pick them over anything else.

[smooth nobody]

i was reading about cobinhood, they declared bankruptcy and people are sounding alarms about scams. gonna pass on them. no fee is nice but trust is more important. i found a few that offer no fee trades but they are either not in the US or they don't deal with fiat. so far the best i found is ITbit. they actually pay you 0.03% for adding liquidity to their platform. sounds too good to be true. they are based in NY and regulated. what do you guys think about ITbit?

[Menaxerius]

No fee sounds like a very bad business model for every exchange, they'll get money of you either with fees or with a hack or sell your data. Its up to you on how you wanna pay for a service.

[maldini]

No need to look for exchanges that have a cost of 0 for trading, the most important exchange that you use to trade safely and reliably. It's useless without costs if you end up losing your money. Choose the top exchange even though they have trading costs but at least your money is safer. Even though everyone suggested cobinhood, I wasn't sure about this exchange.

[semobo]

last time i needed to trade i went to coin base pro. they offered 0% trading fee for makers. now it's 0.15%. not the end of the world, but still sucks compared to 0%. are there any reputable exchanges still offering no fee trades?

If an exchange says there is no fee then you should not trust them because it is not a free service,they also need to spend money for running and promoting their webiste so there is nothing wrong in collecting the fee but you can try binance if you want to reduce fee.

[GreatArkansas]

If an exchange says there is no fee then you should not trust them because it is not a free service,they also need to spend money for running and promoting their webiste so there is nothing wrong in collecting the fee but you can try binance if you want to reduce fee.

But there are some exchanges who started with some discounted or zero trading fees. Especially some exchanges with promo, like 1 week or more promo with no trading fees.
There are also exchanges that if they want to promote their exchanges, like for the first weeks/months they will not charge all traders on their platform for trading fees. And also there are some exchanges that you can get fewer fees when you have some holding of their coin, like Binance.

[Mrengage]

last time i needed to trade i went to coin base pro. they offered 0% trading fee for makers. now it's 0.15%. not the end of the world, but still sucks compared to 0%. are there any reputable exchanges still offering no fee trades?

Even in Freetown nothing is free but we are having more good exchangers in the atmosphere of crypto now but regardless of all of this I will recommend you use exchangers that are reliable like BINANCE BITTREX and so on FORGET about the free Zero fee and get done with business.

[akuser]

Why not just trade with other people directly?  You can find many trustworthy people on this forum and most people trade at 100% so neither person makes a profit on the other.

I'm not sure this is a good solution in trading, except using Escrow. You can find some trusted escrow here
https://bitcointalk.org/index.php?topic=2727673.0

[Stedsm]

Binance is good considering your "low" fee request here if you've got enough money in your pants to wager there.

"Trading Fees

If you are not using BNB (Binance Coin) to pay your trading fees, each trade will carry a standard fee of 0.1%.

Using BNB for transaction fees applies a discount to your trading fee. By default, if you hold BNB in your account, your trading fees will be automatically subtracted from your BNB balance. (See: Using BNB for Fees)

For other options to lower fees (such as maker/taker/volume discounts), or to view your account's trading fee, please check our Fee Schedule."

Check the Fee Schedule link to know more and I believe that 0.1% is also quite lower compared to 0.15% (almost a 33% cut)

Source: https://www.binance.com/en/support/articles/115000429332-Fee-Structure-on-Binance

[semobo]

If an exchange says there is no fee then you should not trust them because it is not a free service,they also need to spend money for running and promoting their webiste so there is nothing wrong in collecting the fee but you can try binance if you want to reduce fee.

But there are some exchanges who started with some discounted or zero trading fees. Especially some exchanges with promo, like 1 week or more promo with no trading fees.
There are also exchanges that if they want to promote their exchanges, like for the first weeks/months they will not charge all traders on their platform for trading fees. And also there are some exchanges that you can get fewer fees when you have some holding of their coin, like Binance.

Promo will be available on only new exchanges where liquidity is very low for the cryptos by that waiting time we may tend to lose more than that trading fee which are supposed to give on the many high liquidated exchanges.

[leonair]

These exchanges invested to build their own system so it basically needs fund to maintain and provide good service to the people who are using their platform. I'm not interested to those free exchanges though because why would they give their service for free and to think that they'll be holding your money, I prefer to pay a small amount to well known crypto exchanges for as long as my funds are safe.

You are transacting your own money to an exchange then why do you expect a free charge from it?

[guoyu78]

last time i needed to trade i went to coin base pro. they offered 0% trading fee for makers. now it's 0.15%. not the end of the world, but still sucks compared to 0%. are there any reputable exchanges still offering no fee trades?

I guess that was just a marketing strategy that they used to entice people in using their exchange in order to gain more volume on their site,probably they have the volume needed already to continue surviving in this competitive market, which may be the reason why they dumped the free trading fee.

But I don’t think the trading fee is still quite high compared to some exchanges that I have used in the past before I got to know Binance, but right now, I think Binance has got the lowest trading fee you can ever imagine, so I will suggest that you try Binance out if you have not, I think bittrex too would also be a very good choice for very low fees. I heard that kraken does have too but I have not used them before.

[b3llsf1l3s]

last time i needed to trade i went to coin base pro. they offered 0% trading fee for makers. now it's 0.15%. not the end of the world, but still sucks compared to 0%. are there any reputable exchanges still offering no fee trades?

No, I don't think that would be possible, so the iming of zero fees in trading is impossible. In essence, that is the place and center of an exchange to get a profit and so that the exchange can still run well and also remain support. even large exchanges like Binance still have fees which i think that was still normal.