BQ (OP)
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CoinMetro - the future of exchanges
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October 09, 2019, 09:31:56 PM Last edit: January 22, 2020, 06:50:17 PM by BQ |
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Is there any exchange offering better fees than CoinMetro?Ever since I found them I've only been using CoinMetro, and they strive to offer the lowest fees in the market. Pretty stealth mode exchange currently with not alot of volume but alot of development ongoing, and liquidity providers for all the main cryptos, so no problems trading Bitcoin, Ethereum, XRP, and so on.. Fully regulated exchange with fiat on/off ramps too. Taker fees: 0.10% Maker fees: -0.05% can be as low as 0.05% taker fees! (Makers are those who place orders into the book. So if you place an order in the book and it gets filled, you get paid 50% of the fee..!)They have pretty awesome platforms covering same stuff like most other exchanges:Simple/ Express/ Pro Exchanges + Margin Trading platforms With Coinbase being the place for noobs to trade, maybe CoinMetro can compete with the same simple platforms and much lower fees. Also stuff like trade mirroring (portfolio management), margin posting, passive income opportunities.. debit cards From CoinMetro's new website:
The CoinMetro exchange is offering a deposit bonus currently!CoinMetro's XCM token is tied in with all fee functionality of the platform, and a lot of utility. Currently, a 50 XCM bonus is given on the first deposit!
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zhekinsp
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★777Coin.com★ Fun BTC Casino!
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October 10, 2019, 12:08:49 AM |
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Better avoid shilling for Coinmetro,You had posted the same thing with different topic title here Coinbase raises fees substantially.BTW is that a legit exchange?
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glendall
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Buzz App - Spin wheel, farm rewards
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October 10, 2019, 12:56:07 AM |
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Coinmetro may indeed have advantages with lower trading costs, but is there a guaranteed security? I want to make sure that many people know, because in my opinion security is number one after all, and binance has proven safe so far, and even though they have been hacked they dare to take responsibility. this is what i like from binance, if coinmetro can be like that, it is possible that it will be better and more crowded because the cost is cheaper.
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BQ (OP)
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Activity: 616
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CoinMetro - the future of exchanges
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October 10, 2019, 01:43:38 AM |
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It's not the same, I'm actually interested to know if there are lower fees than CoinMetro, Coinbase was just them raising fees, so it's a different thread CoinMetro is fully regulated in Europe and does everything according to regulations. Stricter KYC (but still easy) and so on, no problems been live since January Coinmetro may indeed have advantages with lower trading costs, but is there a guaranteed security? I want to make sure that many people know, because in my opinion security is number one after all, and binance has proven safe so far, and even though they have been hacked they dare to take responsibility. this is what i like from binance, if coinmetro can be like that, it is possible that it will be better and more crowded because the cost is cheaper.
Binance got KYC hack because they took on a third party for their KYC service, I think if you mean lost funds earlier, yeah maybe, or hiding money CoinMetro is using BitGo as a wallet provider and that's insured money, multisig cold wallets, BitGo never been hacked simply put, msot "hacks" is negligence by people in charge. Not following protocol.
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jmigdlc99
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October 10, 2019, 02:06:55 AM |
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I took a look at the website, Coinmetro looks promising.
For one, i noticed it's a hell of a lot more modern than most exchanges i've seen out there. The user interface seems very friendly but i'm worried of how the trading experience feels like. I can't imagine how all the stylish effects could have a negative effect on trading speed?
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0xacBBa937A57ecE1298B5d350f40C0Eb16eC5fA4B
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NathanJB
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October 10, 2019, 02:55:23 AM |
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The first question that comes to mind is, how is their volume? And also how many trading pairs are there? These are very important to me. A nice volume gives you nice liquidity. If the volume is too low and nothing but bots are working there, I will immediately dismiss it. And if the pairs are very limited, I would also not consider it. Sometimes, I do chase altcoins up to unknown exchanges for as long as the volume is there and they are traded in various pairs.
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cryptoblazter
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October 10, 2019, 03:47:24 AM |
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Given that fact that this platform is giving the lowest fee, but the question is how is this platform really safe? do they an assurance for this for the new user unto it? Honestly, it is so hard for us to try on the new platform like this because most of it are too dangerous if someone try to register like this one. I had seen a lot of new platform were will give a good offer but once you get in, you will see the bad side of getting in to their platform based on my experienced.
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Sadlife
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October 10, 2019, 04:04:04 AM |
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seems legit .but may i ask how long does this exchange existing?because that's one thing traders might need for legitimacy and proficiency of this exchange but the fee is really low and fist time that i see this low I took a look at the website, Coinmetro looks promising.
For one, i noticed it's a hell of a lot more modern than most exchanges i've seen out there. The user interface seems very friendly but i'm worried of how the trading experience feels like. I can't imagine how all the stylish effects could have a negative effect on trading speed?
same observation mate,very efficient looking site though we will only find the difference when we start using it
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artbart
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October 10, 2019, 08:12:18 AM |
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we've just launched 0% trading fees service for 9 EUR/mo at Bitlocus exchange. So, depending on your trading volume this could be a better offer.
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Google+
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October 10, 2019, 08:27:52 AM |
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It seems that this is a new place of exchange, when there is a new place of exchange and the level of security can be seen from the existing features and design that can be seen and I prefer a safe place to exchange even though the transaction costs are a bit more expensive but it has security guarantees .
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ChrisPop
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Not your Keys, Not your Bitcoins
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October 10, 2019, 08:39:28 AM |
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Sincerelly, I haven't heard about this exchange until now. The rebates are tempting indeed especially for market-makers and scalpers, but again I don't know anything about it. Maybe you could do some smarter marketing campaigns to build credibility. At the first glimpse your website is moving kind of slow, which is a big drawdown for an exchange. We, as traders, need fast interfaces and execution times. No space for lagging especially when scalping and want to be in and out of positions as fast as possible.
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MATHReX
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October 10, 2019, 08:54:15 AM |
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Even if there is very low or zero trading fees, I'm not going to trust a new exchange with my coins. The essentials are good and lasting reputation of exchange, security, liquidity. I'll still trust Binance, Bittrex or other exchanges that are pretty old with a nominal fee rather than these exchanges. No hard feelings but there are already so so many scams and exchanges are a really good and easy entry point for it.
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BQ (OP)
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CoinMetro - the future of exchanges
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October 10, 2019, 12:16:27 PM |
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seems legit .but may i ask how long does this exchange existing?because that's one thing traders might need for legitimacy and proficiency of this exchange but the fee is really low and fist time that i see this low I took a look at the website, Coinmetro looks promising.
For one, i noticed it's a hell of a lot more modern than most exchanges i've seen out there. The user interface seems very friendly but i'm worried of how the trading experience feels like. I can't imagine how all the stylish effects could have a negative effect on trading speed?
same observation mate,very efficient looking site though we will only find the difference when we start using it The exchange went live January, so been going strong for quite some time. New products rolling out over time, always something in the works. TRAM is next (Trade mirroring) They say that a big funding ticket is close and with that they will be doing a lot of marketing + new hires, so hopefully it won't be that unknown soon should stack up on XCM before then! The CEO is the founder of fxpig.com so he probably knows what a trader needs
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rijaljun
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October 10, 2019, 01:53:55 PM |
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Taker fees: 0.10% Maker fees: -0.05%
(Makers are those who place orders into the book. So if you place an order in the book and it gets filled, you get paid 0.05% of the fee..!)
Still not worth for me, unless it's 0.05% from amount I have placed. 0.05% from 0.10% is 0.0000005% I'd rather use other exchanges with zero reward and you better to keep this reward for yourself to increase ability to compete, create better security and promotions.
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BQ (OP)
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CoinMetro - the future of exchanges
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October 10, 2019, 03:01:42 PM |
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Taker fees: 0.10% Maker fees: -0.05%
(Makers are those who place orders into the book. So if you place an order in the book and it gets filled, you get paid 0.05% of the fee..!)
Still not worth for me, unless it's 0.05% from amount I have placed. 0.05% from 0.10% is 0.0000005% I'd rather use other exchanges with zero reward and you better to keep this reward for yourself to increase ability to compete, create better security and promotions. 0.10% taker fees, but -0.05% maker that means you're paid 50% of the fees the taker pays. I think it's a great thing for big volume traders. Also with the XCM token, they said there will be further discounts if you hold it (like BNB) (a lot of other utility with XCM too, every fee inducing trade = 10-50% XCM bought and burned)
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mascherono
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October 10, 2019, 03:09:49 PM |
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You'll not get the better answer if you don't compare your trading website with other trading websites. I personally know some of them which will help you to compare all-stocks.net is one of them. Hope you'll get some good ideas from here.
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BQ (OP)
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CoinMetro - the future of exchanges
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October 10, 2019, 04:40:26 PM |
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You'll not get the better answer if you don't compare your trading website with other trading websites. I personally know some of them which will help you to compare all-stocks.net is one of them. Hope you'll get some good ideas from here. Well there's a comparison chart right there in the main post Could you share what part of your site has some comparisons? Thanks
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rijaljun
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October 11, 2019, 08:49:14 AM |
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0.10% taker fees, but -0.05% maker that means you're paid 50% of the fees the taker pays.
I think it's a great thing for big volume traders. Also with the XCM token, they said there will be further discounts if you hold it (like BNB) (a lot of other utility with XCM too, every fee inducing trade = 10-50% XCM bought and burned)
After reading the website, you are right it's 50% of the taker's fee, will be a bonus for the maker. Big volume traders, or whales might have a bit interesting opportunity from this but they will eventually face the withdrawal fee, comparing to some exchanges it seems low but when you want to withdraw big funds, you'll be charged a little more expensive.
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Zich
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October 11, 2019, 01:31:46 PM |
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Many new exchange available now, but if the number of trader & volume is low. This kind of exchange can not won't be able to run for long time. There also concern too with security, are they actively do hackathon program? I prefer to do trading on exchange that can handle them self on this issue.
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BQ (OP)
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CoinMetro - the future of exchanges
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October 11, 2019, 08:09:37 PM |
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0.10% taker fees, but -0.05% maker that means you're paid 50% of the fees the taker pays.
I think it's a great thing for big volume traders. Also with the XCM token, they said there will be further discounts if you hold it (like BNB) (a lot of other utility with XCM too, every fee inducing trade = 10-50% XCM bought and burned)
After reading the website, you are right it's 50% of the taker's fee, will be a bonus for the maker. Big volume traders, or whales might have a bit interesting opportunity from this but they will eventually face the withdrawal fee, comparing to some exchanges it seems low but when you want to withdraw big funds, you'll be charged a little more expensive. 0.10% taker fees, but -0.05% maker that means you're paid 50% of the fees the taker pays.
I think it's a great thing for big volume traders. Also with the XCM token, they said there will be further discounts if you hold it (like BNB) (a lot of other utility with XCM too, every fee inducing trade = 10-50% XCM bought and burned)
After reading the website, you are right it's 50% of the taker's fee, will be a bonus for the maker. Big volume traders, or whales might have a bit interesting opportunity from this but they will eventually face the withdrawal fee, comparing to some exchanges it seems low but when you want to withdraw big funds, you'll be charged a little more expensive. Currently they use bitgo so it's bitgo's fees, but they will build thier own system for this Many new exchange available now, but if the number of trader & volume is low. This kind of exchange can not won't be able to run for long time. There also concern too with security, are they actively do hackathon program? I prefer to do trading on exchange that can handle them self on this issue.
same thing that it's bitgo's wallets = bitgo has never been hacked, and most problems with hacks are because people are not following protocol.
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