are you actually comparing fees across platforms each time?

[Hamza2424]

curious what others do. single platform out of habit, actively compare, Claude/chatgpt or use an aggregator like Swapzone? and has anyone found one that's consistently better than the others, or is it genuinely pair-dependent every time?

Yeah, when you need a coin that is not in the top 50, you have to check multiple exchanges. I don't trade that much, especially the coins that are not in the top 50, on exchanges which are no KYC, for the same reason. But it is not that hard. There are directories like Bitlist that can help you find the best exchange. You can see the reviews of every exchange. The one I am earning a signature of does not have that many pairs as you want, so maybe the pair you need is not listed here, but maybe it might be listed on CCE. They have a wider range, but not that wide as I think you needed.

I have used FixedFloat once on someone's recommendation, but then I saw a few cases and then I left it. But the fee overall is not that much. The fee does not change regularly. Only the liquidity is what you need to check if they are not rerouting.

[PostQuantumBTC]

Hard to say yes or no about shilling, but for sure no one will fall on cheap actions if this is his intentions.

I do not think he want to do arbitrage, he is only trying to let people know that two exchanges that are are not trustworthy to people that are on this forum. There was a similar topic yesterday that he included the two exchanges again. Also there is another one today to for Changelly, but the user stylishly included tornado cash maybe to twice the probability of deleting the topic.

[danherbias07]

Yes. I think that's essential.

Who would not like to pay a lower transaction fee or trading fee? I mean, that's one of the things we check, especially if we are trading large amounts of cryptocurrencies. I did bookmark different trading and exchange platforms just so I could compare them all before I do the trade.
It's something that I have been doing ever since I learned about cryptocurrencies. Before, I was not really aware of it, but when I learned that they have different fees, I try to always look for the cheapest one, even if it's just on my list. 

[MArsland]

platforms I rotate between: Changelly, Changenow, Simpleswap. sometimes Letsexchange. all non-custodial, all roughly the same model. the best one changes by pair and by day 😂

The thread looks like an obvious attempt to shill these exchanges, and i think i should point that out for those who may have missed that. It is even worse because these are exchanges that have been selectively scamming people for years, just use the search button and you'll find a plethora of scam accusations against these platforms.

Nobody should use these platforms, particularly when you can find better exchanges out there. One last thing, they are also not non-custodial, if they were, they would be unable to block withdrawals of their customers like they have been doing endlessly.

Our suspicions are the same, the Op leads the opinion by mentioning the name of the strange platform name and then spiced up with an interesting title. But we know how to deal with it by turning the conversation to the general thing about the cost of trading. As already discussed, comparing trading costs is only a matter of trading needs and security risks of a platform.The reader must be careful again so as not to easily believe in the name of the name above. Better use an already trusted DEX platform like the top 10 in CMC. https://coinmarketcap.com/rankings/exchanges/dex/

[Hyphen(-)]

Cost is often a key factor for many people when choosing an exchange service, especially when dealing with frequent, small-value transactions. Default network speeds cannot simply be taken for granted based on "instant" marketing promises; often, the cost does not align with the actual performance.

Setting aside swap fees, self-custody wallets generally already integrate instant swap features that offer superior speeds without the need for marketing hype.

Apart from network fee that is considered when choosing a platform to initiate a swap, we also consider reputation from reviews based on experience of users that uses such platforms, the fee can be small, but go about the potential risk of losing your money maybe through connecting to such platforms just because of lower fee then get your device expose or your wallets exposed to scams! Reputation of these wallets are important because it is decentralized, your wallet security is very vital, you can’t take it for granted once they have gotten access to it, it is done completely, they can drain your wallets.

All DEX platforms have similar few, some have lower in some pairs while some have very low fee in almost all pairs depending on how know they were. You can’t take always make you choice on kycnot.me a lot of best exchanges are there, check their rating to be safe. Any platform that outside the exchanges listed in that platform is out of my recommendations.

[CryptopreneurBrainboss]

curious what others do. single platform out of habit, actively compare, Claude/chatgpt or use an aggregator like Swapzone? and has anyone found one that's consistently better than the others, or is it genuinely pair-dependent every time?

When I want to swap or trade, I don't compair between platforms every time as I already have one which I love to use and swap. I believe it's a waste of time comparing each time before you make a sway or trade but if that's what you think is best for you then go ahead but be watchful of scam exchanges so they don't get you as that's their way of getting you to trust their exchange and then they take advantage of you because that can potentially happen as you're constantly looking for a cheaper platform to use. The fees aren't that different as they're just few percentage difference between the exchanges. I trust it should mean much if you're trading on a small scale (which I do always) so unless you're a big whale or trading in large quantity then you shouldn't be so concerned on getting the cheapest fees every time. 

[Awaklara]

I do not think he want to do arbitrage, he is only trying to let people know that two exchanges that are are not trustworthy to people that are on this forum. There was a similar topic yesterday that he included the two exchanges again. Also there is another one today to for Changelly, but the user stylishly included tornado cash maybe to twice the probability of deleting the topic.

OP might be part of the marketing team of that exchange, trying to attract attention so that more people access the exchange. Traders certainly pay attention to the exchange fees on each exchange they use, but I think the differences will not be much.
I do not know what the advantages of the exchange mentioned by OP are, whether it has cheaper swap fees than others or offers more pairs.

[Dareo]

In my case, if I have to  trade or exchange between top 5 coin, then I stick to one platform. Because in that case, there is not much difference in other platforms. But if there is a new pair, I check a few platforms, because in this case different platforms have different prices and there is also a matter of fees.  And even if it is a large amount, I definitely check different platforms.

[boyptc]

Hard to say yes or no about shilling, but for sure no one will fall on cheap actions if this is his intentions.

I do not think he want to do arbitrage, he is only trying to let people know that two exchanges that are are not trustworthy to people that are on this forum.

Not an arbitrage but looking at the best possible fees that he can. But how much is that compared to each of them? I think they're very minimal and not so much if someone is comparing it.

But with little differences, someone is too sensitive with it and that's a good approach whenever they swap. Because swaps/aggregators have sometimes huge difference.

And as for those exchanges he's said, I agree that they're not worthy and multiple cases have been posted about them.

There was a similar topic yesterday that he included the two exchanges again. Also there is another one today to for Changelly, but the user stylishly included tornado cash maybe to twice the probability of deleting the topic.

Thread deleted already.

[Rengga Jati]

I check 2-3 platforms before every swap. takes maybe a few minutes. on small amounts the difference is cents and doesn't matter. on anything meaningful the spread between platforms can be noticeable.

platforms I rotate between: Changelly, Changenow, Simpleswap. sometimes Letsexchange. all non-custodial, all roughly the same model. the best one changes by pair and by day 😂

Personally, I don't actually use swap methods or specific swap platforms on a regular basis; I only do it occasionally when necessary. That said, I do use them. I usually compare a few platforms based on certain factors. Which I think is standard practice.

I look at things like:
1. Transaction fees
2. Platform trustworthiness
3. Minimum transaction amounts
4. Speed

If the differences aren't significant and the platforms all have good reputations. I’d rather just stick with the one I’m already used to.

[Finebone]

In my case, if I have to  trade or exchange between top 5 coin, then I stick to one platform. Because in that case, there is not much difference in other platforms. But if there is a new pair, I check a few platforms, because in this case different platforms have different prices and there is also a matter of fees.  And even if it is a large amount, I definitely check different platforms.

I think this your method makes more real sense than what most users are saying here because trying to know the fees of a particular trading pair on different exchange may waste a lot of time, and most times the price may have moved to a disadvantage possible when you have finally made your conclusion, so it's more better to stick to a particular platform if the trading pair is a more recognized asset, but if it's a new coin, then we can make that comparison quickly on a different exchange, to see if it's cheaper or not.

[Pandu Geddon]

I think this your method makes more real sense than what most users are saying here because trying to know the fees of a particular trading pair on different exchange may waste a lot of time, and most times the price may have moved to a disadvantage possible when you have finally made your conclusion, so it's more better to stick to a particular platform if the trading pair is a more recognized asset, but if it's a new coin, then we can make that comparison quickly on a different exchange, to see if it's cheaper or not.

Every trader who frequently engages in coin swaps certainly has a trusted exchange. I think the coins being swapped are also popular coins, not new coins in the market. Comparing transaction fees is definitely done by traders, especially for those who want to swap coins in large amounts. But it is also possible that traders may not consider transaction fees because they trust and always use a single exchange that is already trusted.

[shinratensei_]

Are you trying to conduct arbitraging between exchange while comparing different exchange all together, and what you gonna do with the fees when trading on centralized exchange is quite different with a slight cent that won't be that much.

I thought you are thinking about the price between different exchange, that's when I could say that you are literally trying to arbitrage.

Centralized exchange spread won't be that different but swap platform like the ones mentioned can have big spread, talking about real number as of now 0.1 BTC on one of the platform mentioned above BTC-ETH swap pair give 3.0699946 ETH but in another platform the quoted is 3.1041734 ETH, that's huge difference and rate can change. I guess non custodial swap platform simply have that kind of huge difference in spread, regardless of whether OP is shilling or not. Not going to mention the platform and participate on the shill. Just a difference between exchange that uses Central Limit Order Book and swap or smart order routing. CLOB is optimized for thin spread.

[#CapsLOck]

curious what others do. single platform out of habit, actively compare, Claude/chatgpt or use an aggregator like Swapzone? and has anyone found one that's consistently better than the others, or is it genuinely pair-dependent every time?

I generally bookmark a few specific platforms of my choice and when I need to exchange, I check those platforms to see which one is giving me the best exchange rate. It's not like I'm asking for a list every time using Claude's Chatgpt and then checking the fees of each platform one by one from that list. I currently have three platforms bookmarked that I trust, although I never exchange more than $300 at a time.
I think this effort is better than repeatedly searching and entering the platforms again and again to check the rates because it wastes our extra time. However, to stay updated about the market, we should explore it occasionally to find out if any new good platforms have come out.

I agree this is more convenient than having to search again each time. But it does make sense to have a few trusted sites bookmarked. It seems to me that the quantity of money exchanged ought to influence the extent to which you do price comparison. If it's the first small transaction. Getting the few extra minutes might not be worth the few cents. However, with a larger swap even a small rate spread can be significant. Additionally I would look at the actual fee. It may differ from the advertised one, because of the spread.

[GreatArkansas]

I'm curious for OP. Why not use some reputable centralized exchanges? What are difference on these instant exchanges? Which I believe fees or spreads here extremely high.
Small swaps I don't waste time chasing cents. Bigger size or weird pair, then I compare.
Because if from me, if fees are my concernced, mostly I check on centralized exchanges are only the withdrawal fees.For me reputation matters more than the cheapest advertised fee.