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Author Topic: Which platform for instantly buying & selling bitcoin at the lowest fees?  (Read 305 times)
9thsky (OP)
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July 09, 2019, 04:09:37 AM
Last edit: July 09, 2019, 04:44:36 AM by 9thsky
 #1

I'm looking for an app where I can buy and sell bitcoins at market rates (or the closest to it) with minimal (or dare I say no) fees.

Preferably an app that has alerts, charts and comprehensive analytical features.

Appreciate any pointers!
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July 09, 2019, 08:43:21 AM
 #2

It'd help a lot if you actually tell us what country you're in, because the "best" services depend on which country you're in.

Anyway, you can probably try Coinbase Pro if it allows people in your country to use it. Their fees[1] are probably reasonable enough.


[1] https://support.pro.coinbase.com/customer/en/portal/articles/2945310-fees

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July 09, 2019, 09:30:05 AM
 #3

Well, it really depends on what are you looking for. I buy/sell my bitcoins and trade at CoinDeal. I think it has quite interesting offer, you can check some details on their website. Recently, CoinDeal is developing a lot, they will be available in the USA soon, if you want to know something more I recommend you to read this article: click
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July 09, 2019, 09:55:24 AM
 #4

I'm looking for an app where I can buy and sell bitcoins at market rates (or the closest to it) with minimal (or dare I say no) fees.

Preferably an app that has alerts, charts and comprehensive analytical features.

Appreciate any pointers!

Robinhood is the only app/exchange I know of that is "commission-free" but in reality, I think they just mark up the price a little bit to take their cut. You also can't deposit/withdraw coins there -- they just take liquidity from other exchanges.

Coinbase Pro and Kraken have the lowest fees I know of. I don't know if any of them have all the charting features you want.

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July 09, 2019, 11:03:35 AM
 #5

Seems like this thread would fit more in Service Discussion.

I personally tend to use Kraken a lot, but it's far from being instant. Their fees are pretty low though and they've been around for a long time.
The thing with low or no-fees exchanges is that they often mark their prices up a bit. That way, you're technically not paying a fee, but you're just paying more for your Bitcoins.

Coinbase is pretty good for buying Bitcoins instantly, but you need a credit card for that. They definitely do not have the lowest fees though.

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July 09, 2019, 11:10:47 AM
 #6

I'm looking for an app where I can buy and sell bitcoins at market rates (or the closest to it) with minimal (or dare I say no) fees.

Preferably an app that has alerts, charts and comprehensive analytical features.

Appreciate any pointers!

There are a few commission free exchanges. You can use them. I used to trade in Cobinhood and there is 0 fee. But for Cobinhood there was exit scam claims and I do not use anymore.

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July 09, 2019, 11:28:57 AM
 #7

You can trade bitcoin, ethereum, XRP and several altcoins in Indodax which is one of the biggest exchanges in Indonesia, maker fees 0% and taker 0.3%. out there are lots of exchanges that charge the maker and taker fees but in Indodax there are no maker fees.

The main key to success is in the value of assets that are getting more valuable. Recommended Crypto Trading platform Binance.com
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July 09, 2019, 03:04:01 PM
 #8

If you would look at certain exchange sites I guess there is a possibility that the fees and price may change and varies on the movement of the price of each certain coins, But I guess it will sure vary on what country you are in because sometimes there are exchange's that is based only on that specific country,

And my list of exchange that I have already used are Poloniex that in my opinion have low fee and certainly a trustworthy site, Coinbase, in my opinion, have an average fee that may sure vary depending on the current price, And Luno that certainly have low fee but are base on Singapore if you are Singaporean,
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July 09, 2019, 03:22:53 PM
 #9

Coinbase is the right choice when you're looking for an application for the buying and selling of bitcoin with ease. Rather than any such application I would suggest localbitcoins.com which will get you make trade with traders that gives you with the convenience and closest price of the market with decreased fee. Also you get more payments gateway for buying.

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July 09, 2019, 03:29:45 PM
 #10

Coinbase pro is an efficient and inexpensive service. If not all your transactions need to be immediate, then you can take advantage of wicks in the price movements if you watch the trading. One downside is that there is  $1,000 minimum to deposit fiat in the pro service. However, you can deposit a lower amount into your regular Coinbase wallet, and then transfer it into your pro wallet.

Baronets is a private domain management service owned by Jet Cash.
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July 09, 2019, 04:20:57 PM
 #11

I'm looking for an app where I can buy and sell bitcoins at market rates (or the closest to it) with minimal (or dare I say no) fees.

Preferably an app that has alerts, charts and comprehensive analytical features.

Appreciate any pointers!
You should determine what is your place first is. If you live in the Philippines, you can use coins.ph that is widely used nationwide. But, in some countries, I heard that they are using coinbase, it's good when you are a beginner in cryptocurrency and likes to trade some coins. But, if you familiarize yourself in open up a trade, you can now try to go to an exchange such as binance.




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July 09, 2019, 06:23:41 PM
 #12

Coinbase pro is an efficient and inexpensive service. If not all your transactions need to be immediate, then you can take advantage of wicks in the price movements if you watch the trading. One downside is that there is  $1,000 minimum to deposit fiat in the pro service. However, you can deposit a lower amount into your regular Coinbase wallet, and then transfer it into your pro wallet.
in fact, the minimum deposit is too high for a simple user, but nevertheless I use the same method you are talking about.  The main thing that the service was convenient, and the output can always be found to make their activities comfortable.
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July 09, 2019, 06:43:47 PM
 #13

I'm looking for an app where I can buy and sell bitcoins at market rates (or the closest to it) with minimal (or dare I say no) fees.

Preferably an app that has alerts, charts and comprehensive analytical features.

Appreciate any pointers!

If you want to perform selling and buying bitcoin and trade them with Fiat, I think that the lowest fees exist in Kraken.
However, I believe coinbase is also good and it has a lot of clients. You just have to do a KYC process and you will be free to trade.
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July 09, 2019, 06:49:43 PM
 #14

I like Coinspot for buying bitcoin https://www.coinspot.com.au/buy/hst
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July 09, 2019, 07:33:59 PM
 #15

But for Cobinhood there was exit scam claims and I do not use anymore.
Then why suggest an exchange like that?

--> https://blockgeeks.com/news/cobinhood-declares-bankruptcy-analysts-suspect-exit-scam/



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July 09, 2019, 07:50:47 PM
 #16

Firstly any advice you would find here Dont just go to play store and type and get any app relating to what you typed there are importers be sure you go for the legit one.
Luno is a wallet but I sell and buy bitcoin using it  if you don't mind you can check it out
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July 10, 2019, 12:33:44 AM
 #17

However, I believe coinbase is also good and it has a lot of clients. You just have to do a KYC process and you will be free to trade.
In this case it's important to seperate Coinbase as their more retail driven platform and Coinbase Pro, because Coinbase charges crazy high fees, while on their Pro platform fees are more in line with the other exchanges.

I kinda get why people look for exchanges with low fees, but most people aren't actively day trading where fees play a role of importance. If you're just doing some buy low sell high type of investing 0.1-0.2% fees are acceptable.

I haven't seen an exchange other than Coinbase overcharging people in fees. It made a lot of their retail clients switch to their Pro platform because of how significant the difference in fees is.

BSV is not the real Bcash. Bcash is the real Bcash.
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July 10, 2019, 03:32:47 AM
 #18

I haven't seen an exchange other than Coinbase overcharging people in fees. It made a lot of their retail clients switch to their Pro platform because of how significant the difference in fees is.

Gemini quietly went from 0.25% to 1% to ~2%. They now charge a 1.49% "transaction fee" + a 0.5% "convenience fee." Supposedly lower fees are available on their "ActiveTrader" interface but it's not like Coinbase Pro where you can just click through and start trading. You have to contact them directly about it.

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July 10, 2019, 03:59:29 AM
 #19

This totally depends on your geographical location as some service providers reject customers from certain region to use their services. If you're an African, I'll recommend LUNO exchange Apps, her exchange (Apps) enable buying of bitcoin with fait 3rd party service providers like PayU and Master card. If you're an American then obviously Coinbase should be your number one choice. For other regions, I don't have much idea but Googling them can answer your question fastest although be careful of scammers and malicious Apps.

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July 10, 2019, 04:48:25 AM
Last edit: July 10, 2019, 05:00:01 AM by posi
 #20

I'm looking for an app where I can buy and sell bitcoins at market rates (or the closest to it) with minimal (or dare I say no) fees.

Preferably an app that has alerts, charts and comprehensive analytical features.

Appreciate any pointers!
I want you to know that most crypto currency exchanges don't offer all 3 three services you require for and most of them offer the chart and the comprehensive analysis while send price alert few days interval,weekly etc. However, this price alert app could do wonder base on what you ask for getdelta, crypto compare or cointracking and I will recommend the use of exchange like coinbase, luno or Binance.

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██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
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▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
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..PLAY NOW..
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