Does trading fees really matter ?

[Realroy]

it really depends on the your profit taking appetite. people who want short term gains or require funds or people who earn small profits like to save as much as possible on the other hand for traders who trade a lot have a lot of experience and know they can recover whatever they lost are less concerned 'bout the fee.

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[Yamifoud]

it really depends on the your profit taking appetite. people who want short term gains or require funds or people who earn small profits like to save as much as possible on the other hand for traders who trade a lot have a lot of experience and know they can recover whatever they lost are less concerned 'bout the fee.

No, I don't think that whales and big players never put concern with the fees. Of course, they will also as they want to gain more profit but are less considerate than those small players. As a matter of fact, everyone is looking for exchanges that could give them to the minimum that is why most reputable sites have to lower their fees for them to still gain the loyalty of their traders rather than to see them flew away because of the fees.

There is something we need to build between traders and exchange owners and that is reputation where we can fully trust this one as the listen and prioritize the needs of their clients rather than to looked their own benefits. 

[poldanmig]

it really depends on the your profit taking appetite. people who want short term gains or require funds or people who earn small profits like to save as much as possible on the other hand for traders who trade a lot have a lot of experience and know they can recover whatever they lost are less concerned 'bout the fee.

Actually not regarding to the problem of cost in my opinion depends on each trader himself in responding to it. whether they object to the existence of a large trading fee or not. but indeed for traders with capital that is not so large, certainly have objections. but I personally for the average trade costs 0.25% -0.3% And that is not burdensome because our TP itself must also be bigger.


Maybe in addition to Fee trading there is another Fee that is shipping costs for bitcoin or altcoin. often times I see the exchange costs for shipping are also large. as in Hitbtc for fees there is quite large and  burdensome 

[error08]

To be very honest, that sounds painful and yeah, fees, charges, taxes and all sort of deductions that we have to pay for services we avail, are a pain. No one can run away from them and all of us want to pay as less as possible. Therefore, platform with low charges are preferred over the expensive ones. In trading, no one wants to give huge amounts of money that he made by putting some real efforts.

I don't like taxes either, but exchange's fee is a different thing since fees are exchanges main source of income, we can't argue about it due to services they have to provide for us. Any fee below 1% is considered fair and below it is cheap for me, most of the exchanges offer trading fees (maker-taker) 0.1% and max 1%. Furthermore, there are some exchanges offer free deposit and withdraw fess which is convenient for traders.

[cryptothreads]

it really depends on the your profit taking appetite. people who want short term gains or require funds or people who earn small profits like to save as much as possible on the other hand for traders who trade a lot have a lot of experience and know they can recover whatever they lost are less concerned 'bout the fee.

No, I don't think that whales and big players never put concern with the fees. Of course, they will also as they want to gain more profit but are less considerate than those small players. As a matter of fact, everyone is looking for exchanges that could give them to the minimum that is why most reputable sites have to lower their fees for them to still gain the loyalty of their traders rather than to see them flew away because of the fees.

There is something we need to build between traders and exchange owners and that is reputation where we can fully trust this one as the listen and prioritize the needs of their clients rather than to looked their own benefits. 

Many exchanges are reducing the transaction fees for investors but if the exchange has a low trading volume, that exchange will never be chosen by the investor. I think the transaction fee does not affect profit much because the fee is usually at 0.1% to 0.2% so there is no need to worry.  I have been involved in a lot of different exchanges and there is not so much difference in transaction fees.

In my opinion any exchange will do business in this way and if that exchange is trusted by many investors, that exchange will always be their first choice when participating.

[Tungsten-1]

seems 0.25% fee is fairly cheap in my opinion. on average, indeed the standard of all market trading fees is 0.25%. if you can get a big profit in one trade then the 0.25% fee will not matter. do calculations when trading (profit/fee = real profit). during trading and you profit (including fees) I'm sure everything is fine and you have nothing to lose even if you trade 100 times a day.

It is not even complete one percent of your profits. Those how are making money in thousand dollars, I don’t think so this is hard for them to pay 0.25% trading fees. We have seen people becoming rich with trading during the pumps of crypto currencies and turned out to be millionaires, they shall rather as homage happily pays this trading fee. Majority does not have issues in paying this minor fee.

[South Park]

it really depends on the your profit taking appetite. people who want short term gains or require funds or people who earn small profits like to save as much as possible on the other hand for traders who trade a lot have a lot of experience and know they can recover whatever they lost are less concerned 'bout the fee.

I'm surprised to see that this is such a popular opinion, that somehow for some traders out there the fees that they are being charged are not really important, and nothing could be farther from the truth, if you are a trader you should care about every single thing that cost you money, you should care about being able to enter the market with as little slippage as possible, you should care about your stop loss and about the average profit that you can get per trade and you should care about your fees as well.

[xvids]

Most of the exchanges have a minimal trading fees of about 0.25%
I see many people discussing trading fees here and there and that how high the trading fees is.
Does 0.25% really make a huge difference if you are earning at least more than 2% ?

It depends on how tight the profits are on the trade. At 2%, 0.25% is actually quite a lot. Anything you can do to save money on trades will increase your profits over the long run. Thing of it as buying something from the store. Let's say Kroger has a gallon of milk for $4.50 and Wal-Mart has it for $4.25. Would you not prefer to buy the milk from Wal-Mart and save the extra $.25? It's the same concept. Doesn't really matter how much profit you're making on the trade, you could be making more if you didn't pay as much in fees.

Exactly , We are trading to earn profit even if it is just a small amount so even a small difference between fee would also affect our income.
In every trade that we would make it would take up a fee so no matter how big or small it would always affect the outcome of our trades.

[oktana]

one of the top exchanges in my country is even 0.05% bigger than that. In general it is not a problem, but for fast trading it can sometimes only target 1% every hour, especially coins that go into a downtrend. if the capital is below $ 200 then the profit will be very small. actually it makes no difference because it can be accumulated in the next order. but it would be very interesting if trading on the exchange with a smaller fee, especially for lower-class traders.

[PLATO]

one of the top exchanges in my country is even 0.05% bigger than that. In general it is not a problem, but for fast trading it can sometimes only target 1% every hour, especially coins that go into a downtrend. if the capital is below $ 200 then the profit will be very small. actually it makes no difference because it can be accumulated in the next order. but it would be very interesting if trading on the exchange with a smaller fee, especially for lower-class traders.

I think the transaction fee will not affect your profit because this is really a very small fee and nobody cares about this fee when investing. In my opinion the most important thing when trading is profit because if you can not make a profit, you will face a lot of big risks in investing. Currently exchanges like Binance, Kucoin, Bibox are exchanges with low transaction fees and you can consider if you like.

[alexsandria]

Most of the exchanges have a minimal trading fees of about 0.25%
I see many people discussing trading fees here and there and that how high the trading fees is.
Does 0.25% really make a huge difference if you are earning at least more than 2% ?

It does matter because they stack as time passes by. Though you won't notice it 'cause they seemed little. For example you got tons of transactions and every of that has an equivalent fee add, and that is your potential gain but because of fee they been deducted right there quickly. Though it has purpose specially on the platform that is why even though it does matter to me I just think it otherwise so that the platforms would be maintained.

[Boov]

one of the top exchanges in my country is even 0.05% bigger than that. In general it is not a problem, but for fast trading it can sometimes only target 1% every hour, especially coins that go into a downtrend. if the capital is below $ 200 then the profit will be very small. actually it makes no difference because it can be accumulated in the next order. but it would be very interesting if trading on the exchange with a smaller fee, especially for lower-class traders.

I think the transaction fee will not affect your profit because this is really a very small fee and nobody cares about this fee when investing. In my opinion the most important thing when trading is profit because if you can not make a profit, you will face a lot of big risks in investing. Currently exchanges like Binance, Kucoin, Bibox are exchanges with low transaction fees and you can consider if you like.

Transaction fee always matters! Little by little when you sum of it , it will be a very big amount, new people in trading will having there first check out with a deduction. Every transaction will less your trade with .00002 or higher , but in some exchange it depends on the coins that are being converted.

[kanayaTabitha]

When you make a decent profit with your investment no one will bother about the trading fee, most of the exchanges are charged a fee for both the buying and selling, people are not hesitating to pay fees because if they want to make a profit they need to pay a fee.

Yeah but for a day trader who trades a lot in a day i think they will choose an exchange with lowest fee because less than 1% fee is matter for them because usually most of daily traders are just taking like 2% profits each trades if the fee is more than 1% that means they just get 1% which means cut half the profits.
Exchanges with lowest fee will be always the choice of daytraders.

[redsun114]

it really depends on the your profit taking appetite. people who want short term gains or require funds or people who earn small profits like to save as much as possible on the other hand for traders who trade a lot have a lot of experience and know they can recover whatever they lost are less concerned 'bout the fee.

In the other way round, I think that those who trade with big amount are the ones that usually do complain of fees which I think it is even greedy of them because they earn a lot from the money that the fee should have become insignificant to them, but because it is looking quite big and they want to maximize the profit, they complain of trading fee. Looking at it, trading fee is really very small amount being charged and should not really affect any of our own income.

People that trade low are even the ones that will not see this fee at all, most especially the one that is being charged by binance which is the lowest to me for now. If people still complain of these fees, then would they have the exchange charge them zero fee then because they are the one that created the platform for them?

[South Park]

I think the transaction fee will not affect your profit because this is really a very small fee and nobody cares about this fee when investing. In my opinion the most important thing when trading is profit because if you can not make a profit, you will face a lot of big risks in investing. Currently exchanges like Binance, Kucoin, Bibox are exchanges with low transaction fees and you can consider if you like.

Transaction fee always matters! Little by little when you sum of it , it will be a very big amount, new people in trading will having there first check out with a deduction. Every transaction will less your trade with .00002 or higher , but in some exchange it depends on the coins that are being converted.

Exactly, it may not seem as it matters because the money that you are charged for each transaction is low but according to the tests that I have made about different trading systems the truth is that the fees alone can make your system unprofitable to trade, and even if your system is still profitable after being charged high fees there is going to be a huge difference between the profits that you could have and the profit that you actually get.

[Boov]

When you make a decent profit with your investment no one will bother about the trading fee, most of the exchanges are charged a fee for both the buying and selling, people are not hesitating to pay fees because if they want to make a profit they need to pay a fee.

Yeah but for a day trader who trades a lot in a day i think they will choose an exchange with lowest fee because less than 1% fee is matter for them because usually most of daily traders are just taking like 2% profits each trades if the fee is more than 1% that means they just get 1% which means cut half the profits.
Exchanges with lowest fee will be always the choice of daytraders.

I agree with this, i am a small time trader, I usually do a day trade technique, it kinda costly for me because in every transactions that are being made I need to pay for fees, whether I want to convert it into btc/eth or to transfer it in another exchange. Every little amount matters in a beginner and small time trader like me, that fees is equivalent to 1 order of altcoin sometimes.

[enhu]

When you make a decent profit with your investment no one will bother about the trading fee, most of the exchanges are charged a fee for both the buying and selling, people are not hesitating to pay fees because if they want to make a profit they need to pay a fee.

Yeah but for a day trader who trades a lot in a day i think they will choose an exchange with lowest fee because less than 1% fee is matter for them because usually most of daily traders are just taking like 2% profits each trades if the fee is more than 1% that means they just get 1% which means cut half the profits.
Exchanges with lowest fee will be always the choice of daytraders.

I agree with this, i am a small time trader, I usually do a day trade technique, it kinda costly for me because in every transactions that are being made I need to pay for fees, whether I want to convert it into btc/eth or to transfer it in another exchange. Every little amount matters in a beginner and small time trader like me, that fees is equivalent to 1 order of altcoin sometimes.

The more you are concern of the trading fees when you are losing and you kept trading up to 100x a day, that 25 cent is somehow big enough to cover 3 meals when you are in 3rd world country.  Withdrawal fees matters the most probably for anyone who sees an exchange will ask 0.0012 BTC as its approximately 10$. I guess main reason most traders prefer the doge.

[Serco]

When you make a decent profit with your investment no one will bother about the trading fee, most of the exchanges are charged a fee for both the buying and selling, people are not hesitating to pay fees because if they want to make a profit they need to pay a fee.

Yeah but for a day trader who trades a lot in a day i think they will choose an exchange with lowest fee because less than 1% fee is matter for them because usually most of daily traders are just taking like 2% profits each trades if the fee is more than 1% that means they just get 1% which means cut half the profits.
Exchanges with lowest fee will be always the choice of daytraders.

I agree with this, i am a small time trader, I usually do a day trade technique, it kinda costly for me because in every transactions that are being made I need to pay for fees, whether I want to convert it into btc/eth or to transfer it in another exchange. Every little amount matters in a beginner and small time trader like me, that fees is equivalent to 1 order of altcoin sometimes.

this fees actually back to us again,exchanges will improve their feature so we get easinest when operating this exchanges.we should not complaint on how much fee that we paid,.we use their services that builded with alot money and resources.if we want exchanges with low trading fee ,check it again especially about its security ,safety, feature.is it worthed with our 1% ?? Personally i am prefer high fee but i have more security and safety.

[Fatunad]

When you make a decent profit with your investment no one will bother about the trading fee, most of the exchanges are charged a fee for both the buying and selling, people are not hesitating to pay fees because if they want to make a profit they need to pay a fee.

Yeah but for a day trader who trades a lot in a day i think they will choose an exchange with lowest fee because less than 1% fee is matter for them because usually most of daily traders are just taking like 2% profits each trades if the fee is more than 1% that means they just get 1% which means cut half the profits.
Exchanges with lowest fee will be always the choice of daytraders.

I agree with this, i am a small time trader, I usually do a day trade technique, it kinda costly for me because in every transactions that are being made I need to pay for fees, whether I want to convert it into btc/eth or to transfer it in another exchange. Every little amount matters in a beginner and small time trader like me, that fees is equivalent to 1 order of altcoin sometimes.

The more you are concern of the trading fees when you are losing and you kept trading up to 100x a day, that 25 cent is somehow big enough to cover 3 meals when you are in 3rd world country.  Withdrawal fees matters the most probably for anyone who sees an exchange will ask 0.0012 BTC as its approximately 10$. I guess main reason most traders prefer the doge.

Exactly! That's how you explain the importance of trading fees which has been disregarded by many and to those who have been trading with huge volume. Huge trading fees might cause the clients or traders to stay away from a specific exchange not only if it has a good volume of trades every single day.

[gabmen]

When you make a decent profit with your investment no one will bother about the trading fee, most of the exchanges are charged a fee for both the buying and selling, people are not hesitating to pay fees because if they want to make a profit they need to pay a fee.

Yeah but for a day trader who trades a lot in a day i think they will choose an exchange with lowest fee because less than 1% fee is matter for them because usually most of daily traders are just taking like 2% profits each trades if the fee is more than 1% that means they just get 1% which means cut half the profits.
Exchanges with lowest fee will be always the choice of daytraders.

I agree with this, i am a small time trader, I usually do a day trade technique, it kinda costly for me because in every transactions that are being made I need to pay for fees, whether I want to convert it into btc/eth or to transfer it in another exchange. Every little amount matters in a beginner and small time trader like me, that fees is equivalent to 1 order of altcoin sometimes.

The more you are concern of the trading fees when you are losing and you kept trading up to 100x a day, that 25 cent is somehow big enough to cover 3 meals when you are in 3rd world country.  Withdrawal fees matters the most probably for anyone who sees an exchange will ask 0.0012 BTC as its approximately 10$. I guess main reason most traders prefer the doge.

Exactly! That's how you explain the importance of trading fees which has been disregarded by many and to those who have been trading with huge volume. Huge trading fees might cause the clients or traders to stay away from a specific exchange not only if it has a good volume of trades every single day.

Though that's what keeps exchanges working. And i wouldn't gamble on an untested exchange that promises extremely low trading and withdrawal fees. When it comes to withdrawals, you'd always have the option to pay less though it'll take more time for the transaction to go through. There are some things that you just have to adjust to.