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Author Topic: Free Exchanges Fees? is this Possible.  (Read 1180 times)
MonsterV
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July 09, 2019, 01:14:22 PM
 #41

Its impossible.If any exchanger go for free fees.then exchanger should pay the fees. because to make a tx need some fees to confirm that tx.Also exchanger owner pay hosting bill domain bill,also they have some staff and worker.if they make free fees then that exchanger can't survive

Actually maybe and such exchanges exist, but I can't guarantee the matter of trust and safety. I personally better use exchanges for costs but in terms of security. If you want to trade without fees, then use a decentralization exchange like IDEX, Forkdelta, etc. I think DEX is a shortcut to get exchanges with low cost trading and transfer tokens, because DEX pays fees directly from transaction costs.

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July 09, 2019, 06:52:58 PM
 #42

Its impossible.If any exchanger go for free fees.then exchanger should pay the fees. because to make a tx need some fees to confirm that tx.Also exchanger owner pay hosting bill domain bill,also they have some staff and worker.if they make free fees then that exchanger can't survive
We need to give these exchanges the reasons and hence the incentives to keep running their operations and keep on providing the great services they have been providing for long. Exchange fee is not a huge thing and this is the exchange fee per transaction that goes to fund the operations of the exchange. Without this fee, exchanges would not work for long.
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July 09, 2019, 09:37:36 PM
 #43

Running an exchange its not an easy job. From protection against hackers cost, paying martket markers,  bots and many other exchange fees the cost of maintaining an exchange is high so geting an exchange with free listing will be hard

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July 09, 2019, 09:45:56 PM
 #44

Even if the exchange fees were lowered or charge nothing they will find a way to incorporate their fees some other way just to recoup the cost of offering 0 to no exchange fees.
There will be always a withdrawal fee to support transaction fee when you are dealing with cryptocurrencies, have only seen zero withdrawal fee for bitcoin cash in binance (may be they are putting transaction fee from their pocket as it is so small).

Regarding zero trading fees cobinhood is one option available but they have 0.001 BTC in withdrawal fee also from what they claim most of these fees goes to miners which I doubt.
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July 09, 2019, 10:31:04 PM
 #45

Even if the exchange fees were lowered or charge nothing they will find a way to incorporate their fees some other way just to recoup the cost of offering 0 to no exchange fees.
There will be always a withdrawal fee to support transaction fee when you are dealing with cryptocurrencies, have only seen zero withdrawal fee for bitcoin cash in binance (may be they are putting transaction fee from their pocket as it is so small).

Regarding zero trading fees cobinhood is one option available but they have 0.001 BTC in withdrawal fee also from what they claim most of these fees goes to miners which I doubt.
0.001 fee is actually too much imho when we do talk about solely for miners fees but well its their claim though.

There's always a fee on any exchange,there might be some zero trading fees or deductions but these are just good for promotions or short times.

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July 09, 2019, 11:22:41 PM
 #46

I don't think there is a no transfer fee, but for the no fee exchange there are some such as cobinhood, simplefx and coinfloor. I think to find a no fee withdrawal is impossible, at least a low fee with a good exchanger in my opinion bitmex, primex, binance and cex.io

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July 10, 2019, 07:35:21 AM
 #47

can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.
I have also seen someone ask this same question sometime in this forum and everyone was mentioning Cobinhood. At First time I thought they meant Robinhood crypto exchange but after searching it up on Google I realized it was another different exchange, with C being the difference in their name. I have not done much research about this Cobinhood but they claim to offer a zero trading fees platform and even secure and friendly experience. They also have an android and iPhone app, which I also checked out and they are very user-friendly. I believe the site might be legit.
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July 10, 2019, 08:57:13 AM
 #48

low fee it will be make sense but for free i think its impossible because they need income to.
and also pay their employee, the greater the exchange will be give the good service like binance,OKEx,upbit.
even for decentralized exchange you have to pay fee.
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July 10, 2019, 09:14:48 AM
 #49

can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.
No one will make special exchanges or conditions for people with pennies from airdrop. We are all equal, therefore the conditions for almost everyone will be equal. If you are interested in crypto currency, then learn the information necessary for trading and become a full-fledged part of all this.


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July 10, 2019, 09:46:00 AM
 #50

low fee it will be make sense but for free i think its impossible because they need income to.

yeah i agree and actually this is what im about to say but already said it for me  Smiley    ,  there are exchanges that have small fees but there is no free so far because they will loose  . there are certain wallet or coins that have a zero fee but i think that is only applicable from the same wallet or on the same coin  .


and also pay their employee,

no they dont pay thier employee but they are paying the miners to process the transaction  . if a transaction has no fee , the miner wont mine it and your transactions will stuck  .
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July 10, 2019, 12:27:21 PM
 #51

The fees in trading sites are just reasonable, you can't expect a free as no exchange operates like that when fee is their main income to continue their business. In the first place, exchange are profit oriented so that alone will explain you'll never get anything free here, aside from the airdrop you receive.

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July 10, 2019, 10:21:30 PM
 #52

can we possibly have an Exchange with little or No fees for trading and transfers of token.
exchange platform needs money to maintain its site and pay employees
and transferring coin/token needs to pay at least the minimum network fee

is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading.
so basically you want free money handed out to you for little to no effort on your side

but it seems that we have been left out because the little we have can not be transfered to exchanges.
then do peer-to-peer trade, buy and sell directly with your counterpart without going thru exchange platform
but you still need (can't avoid) to pay for network fee when sending out the coin/token

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July 10, 2019, 10:49:18 PM
 #53

I think it is impossible because crypto exchanger need money for their employee or maintenance of their exchanger or use as added security to their website nowadays there are so many crypto exchanger are easy to hack and to steal bitcoin to the user of their exchanger. If you are the owner you need to pay for it and the fee would be great exchanged.

I agree, trading fee shouldn't be free because every exchanges needed that amount of crypto fee for their business to sustain. Don't expect free exchange fee but rather much lesser fee is enough to accommodate our trading needs as well. Just be fair enough and not so demanding about fees in exchanges, that business so we should cooperate.
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July 10, 2019, 11:14:05 PM
 #54

can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.


No every exchange site have a different fees in every trading and transaction they need money for the maintenance of their platform to bring trader a smooth and secure trading site so its impossible that their a exchange site that run zero fees.

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July 11, 2019, 04:35:11 AM
 #55

can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.
I have used a platform like that, there are no costs in trading transactions or withdrawals, but it doesn't last long because if it continues from where the platform benefits
I think the fees at popular exchanges like Binance, Huobi, OKEx, etc. already have very reasonable costs

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July 11, 2019, 11:43:27 AM
 #56

can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.
For centralized exchanges, it is quite impossible because many of them are running the business for the profit and no one will offer you free trade, except maybe you get an exchange that is new and probably running promo, and that is even the worst because you will not get the volume to even sell the token off.

He only option that o think you can explore now is DEX exchanges, maybe you could trade your coin there with no fee provided you have a very strong bargaining strength, because even if it is peer to peer exchange, I think there must still be a little fee for you to pay, so you cannot completely escape this. The best bet now is just for you to hope that the token you receive will appreciate one day for you to be able to pay the exchange fee from it, so you just have to leave it for long.
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July 11, 2019, 03:31:18 PM
 #57

can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.


No every exchange site have a different fees in every trading and transaction they need money for the maintenance of their platform to bring trader a smooth and secure trading site so its impossible that their a exchange site that run zero fees.
fee exchange is actually commensurate with the facilities provided, so when the fee is zero I think that might be a difficult thing for exchange, because only through the fee exchange can get money and do maintenance and provide facilities for member exchange
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July 11, 2019, 05:43:57 PM
 #58

can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.

Without pay how can an exchange will earn money and give there employ's payment. but i think there some exchange who don't take fees. but i have doubt that how much trust able are they. be safe when you trade. lot of scammer out there. don't loose your huge amount money for save some penny.  Wink Wink
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July 11, 2019, 09:05:24 PM
 #59

Even if the exchange fees were lowered or charge nothing they will find a way to incorporate their fees some other way just to recoup the cost of offering 0 to no exchange fees.
Perfect response. There's no way an exchange won't charge you for trading. Even with zero fees, the Exchange would have programmed a way of getting something back or incorporate some hidden fees units spread and trading pairs. All these are gimmicks to get more users and tradera..nothing goes for nothing.

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July 11, 2019, 10:18:12 PM
 #60

Even if the exchange fees were lowered or charge nothing they will find a way to incorporate their fees some other way just to recoup the cost of offering 0 to no exchange fees.
Perfect response. There's no way an exchange won't charge you for trading. Even with zero fees, the Exchange would have programmed a way of getting something back or incorporate some hidden fees units spread and trading pairs. All these are gimmicks to get more users and tradera..nothing goes for nothing.
It might be a scam if they'll never do it.
This is the only they keep alive and business run smoothly. Now, if we look into legit and reputable exchanges they are collecting fees and how these new exchanges never do it the same? It surely that they hide something and we might just surprise that we've been charges without knowing anything.

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