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Author Topic: free / low cost exchange  (Read 343 times)
The Sceptical Chymist
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June 28, 2019, 03:10:41 PM
 #21

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.
Never heard of that one, and frankly I'd be leery of even trying it unless there are some legitimate reports that it's not a scam.

OP, you might be accustomed to trading with 0% fees, but damned if you'll find that in any other exchange.  I've been trading stocks for years, and the fee you pay is just the cost of doing business.  Anything below 1% is fantastic in my opinion, so I wouldn't be so aggrieved if I were you.  It's still a damn good deal.  In fact, most of the crypto exchanges I've used (Binance, Polo, Yobit, Kraken, etc.) have very reasonable trading fees, which could be a hell of a lot worse.

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smooth nobody (OP)
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June 28, 2019, 05:43:59 PM
 #22

was looking at binance and unless i'm mistake they don't support USD withdraws. i'm not trying to trade crypto i want to cash out for fiat. kraken ITbit and gemini seem to be the only other options.
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June 28, 2019, 07:06:51 PM
 #23

Yeah, Binance fees are more than reasonable but not fiat withdrawals.
I'm not even sure that what you're looking for exists at all.
Mehr Sher
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June 29, 2019, 08:21:12 PM
 #24

The more important part is to look for anyone is the broker that’s reliable and trustworthy, as rest is no major thing at all. And this is where I find Coinbase, Binance and such Crypto Exchange worthy and is secure which is so very much vital. If we are not using exchanges that are reliable or trustworthy, it will just lead to unnecessary and unwanted trouble. So this is where and why I will suggest to only go for proven options not try to look at low fees and all that.
Shenzou
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June 29, 2019, 10:19:09 PM
 #25

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?
That 0% that you are talking about was a way to encourage people to directly use their coinbase wallet balance on their exchange and it was a strategic way to attract users and make them to use it, otherwise they would be losing since there have been a lot of exchange to compete with, and it seems that they are progressively increasing it, to be honest that is still very low compared to the other exchanges so you better get used to it because there is no service given for free, and try to go into any sites that claims that they have 0 fees because they will just take your money.
pokeronlinestatus
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July 02, 2019, 10:49:30 AM
 #26

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?
Very funny, most of you guys are fond of looking for more than what you're meant to get. They charge you fees for transaction, you complain, and they charge you fees for trading, you will also complain. There are lots of good cryptocurrency trading exchanges but you're going to leave them all and start looking for an exchange that is not going to charge you any fees at all for trading and transaction, because you want them to be doing charity work. Put yourself in their shoes, how would you feel if you're the one that owns an exchange and everyone is expecting to offer services for free? Only the maintenance you will be running all the times, you will have to pay for all that. I hope you don't eventually end up with scam exchange just because you're looking for free things.
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July 19, 2019, 05:33:11 AM
 #27

Hard to see an exchange with 0%trading fee given that the runnings of the exchange is expensive and most of the money generated from trading fees is what is being used to maintain the exchange.  Bit you can get an exchange with extremely low trading fee. Exchanges like Fatbtc have low trading fee

lanezzz
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July 19, 2019, 08:17:09 AM
 #28

The 0 trading fees is mostly to attract customers and once they get a sizeable numbers of traders, trading fee application begins as we have seen in most exchanges. I think it is important to trade on exchanges that are more reliable, efficient and secured instead of looking for exchanges with zero trading fees.
BitcoinTurk
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July 19, 2019, 01:56:57 PM
 #29

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?

As I wrote in my previous messages, there is no point in being stingy. I'm just laughing when I see miserly investors who are afraid of paying even such low transaction fees or who think they will save money like this. It is not right to turn to alternative options just to pay less service commission. Especially in today's market, I think that some services create user victimization, and I think that only known and high quality services should be used. I rewrite it, no need for unnecessary stinginess. Nobody gets any more rich with a rate of 0.15%. In every transaction, I am willing to pay that commission because I want to use quality service and make transactions with assurance. You will know how to pay for the service you receive!
alendel0n7
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July 19, 2019, 08:48:37 PM
 #30

Guys, I never traded on the exchange without a fees. Can you explain to me the economic meaning of the content of such an exchange for its owners? How do they generate profits? Listing fees?

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coinhunt
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July 29, 2019, 03:04:48 PM
 #31

I'm not sure if such exchanges really exist. But what I really nothing good is ever free. That's why it might be more profitable to continue self-educating and improving your trading skills so you could earn such an amount of money that it would allow you to forget about fees. For example, I feel more confident and care less about fees since I installed Info Bot from CEX - https://t.me/CexIoInfoBot. It's convenient that it informs about the latest market changes and price movements, so I don't need to monitor the market constantly. And that's great, IMO.
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