desticy (OP)
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Activity: 1512
Merit: 292
www.cd3d.app
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July 24, 2014, 08:10:09 AM |
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I heard many major exchanges will have a big fee structure adjustments programs recently, include bitstamp, bitfinex, lakebtc. bitstamp've adjusted the deposit fee; btc-e deposit/withdrawal method are very much, but I have not heard the news about btc-e fee. this seems to be a huge shock by China Exchange landing, expect a lower fee of each exchange. |
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libivan
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July 24, 2014, 08:41:23 AM |
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As long as the exchange makes enough profits with these new fees to be financially healthy and does not need to run away with my coins, cheaper services are always welcome.
More efficient services always come from a good competition.
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Nrcewker
Copper Member
Hero Member
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Activity: 2156
Merit: 536
Building my own Dreams!
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July 24, 2014, 08:59:28 AM |
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As long as the exchange makes enough profits with these new fees to be financially healthy and does not need to run away with my coins, cheaper services are always welcome.
More efficient services always come from a good competition.
chinese exchange is coming, I can't imagine that daily trading volume over 100,000 per exchange for several weeks. More, a vicious competition with 0 fee, and its shady trading will be come. even we can see "OKCoin Wants to Rule the International Bitcoin Exchange Market" on coindesk |
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raganius
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July 24, 2014, 07:59:02 PM |
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As long as the exchange makes enough profits with these new fees to be financially healthy and does not need to run away with my coins, cheaper services are always welcome.
More efficient services always come from a good competition.
chinese exchange is coming, I can't imagine that daily trading volume over 100,000 per exchange for several weeks. More, a vicious competition with 0 fee, and its shady trading will be come. even we can see "OKCoin Wants to Rule the International Bitcoin Exchange Market" on coindeskA vicious (dumping) competition is never welcome. Well, I am not a "trader" anyway, so I don't really give much attention to the fees prices: whenever it is possible I tend to give preference to dealing with exchanges from my own country, because in case there are any problems it would be much easier to run for a solution. |
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ArbatDeli
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July 24, 2014, 08:08:11 PM |
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Why would exchanges roll out changes at a similar time?
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jjc326
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July 24, 2014, 09:07:35 PM |
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With a free market, you would think exchanges would always be lowering fees to try to get more customers. It might take time but it should happen. We just need more trustworthy exchanges, that's what I think is missing. Why can't these exchanges get their acts together at the rates they are charging?
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ArbatDeli
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July 24, 2014, 09:47:28 PM |
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With a free market, you would think exchanges would always be lowering fees to try to get more customers. It might take time but it should happen. We just need more trustworthy exchanges, that's what I think is missing. Why can't these exchanges get their acts together at the rates they are charging?
Too bad the western exchanges didn't take one out of China's book and give us 0% fees for some time.  |
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fonenumba
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July 24, 2014, 10:57:53 PM |
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With a free market, you would think exchanges would always be lowering fees to try to get more customers. It might take time but it should happen. We just need more trustworthy exchanges, that's what I think is missing. Why can't these exchanges get their acts together at the rates they are charging?
Too bad the western exchanges didn't take one out of China's book and give us 0% fees for some time. The Chinese exchanges either trade with their own funds, and trade against their clients, or are using customer funds for their own expenses (essentially stealing from customers in small amounts over time) |
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BTCjust
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July 25, 2014, 05:23:01 AM |
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Why would exchanges roll out changes at a similar time?
since chinese exchange is coming |
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raganius
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July 25, 2014, 10:12:14 AM |
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With a free market, you would think exchanges would always be lowering fees to try to get more customers. It might take time but it should happen. We just need more trustworthy exchanges, that's what I think is missing. Why can't these exchanges get their acts together at the rates they are charging?
Too bad the western exchanges didn't take one out of China's book and give us 0% fees for some time. The Chinese exchanges either trade with their own funds, and trade against their clients, or are using customer funds for their own expenses (essentially stealing from customers in small amounts over time) True... I do not believe in free services. No one works for free. Two possibilities: dumping or scam (both are not good news, anyway) |
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madken7777
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July 25, 2014, 12:31:47 PM |
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As long as the exchange makes enough profits with these new fees to be financially healthy and does not need to run away with my coins, cheaper services are always welcome.
More efficient services always come from a good competition.
chinese exchange is coming, I can't imagine that daily trading volume over 100,000 per exchange for several weeks. More, a vicious competition with 0 fee, and its shady trading will be come. even we can see "OKCoin Wants to Rule the International Bitcoin Exchange Market" on coindesk0% fee model in China will keep fee low across all exchanges. Too bad RMB is still a blocked currency, if not, they will probably kill all competitors out there. |
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Pkuwag
Member
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Activity: 87
Merit: 10
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July 28, 2014, 09:25:08 AM |
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As long as the exchange makes enough profits with these new fees to be financially healthy and does not need to run away with my coins, cheaper services are always welcome.
More efficient services always come from a good competition.
chinese exchange is coming, I can't imagine that daily trading volume over 100,000 per exchange for several weeks. More, a vicious competition with 0 fee, and its shady trading will be come. even we can see "OKCoin Wants to Rule the International Bitcoin Exchange Market" on coindesk0% fee model in China will keep fee low across all exchanges. Too bad RMB is still a blocked currency, if not, they will probably kill all competitors out there. If it were true, bitcoin will be over. |
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nwfella
Legendary
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Activity: 1582
Merit: 1000
Well hello there!
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July 28, 2014, 06:52:05 PM |
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I suspect that exchange competition will ultimately drive per exchange fee's down to near-0 if not 0 at some point in time (in case of 0 obviously they would have to offer other premium trading services)...charting, stop-loss, optimus prime auto-bot, etc.
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¯¯̿̿¯̿̿'̿̿̿̿̿̿̿'̿̿'̿̿̿̿̿'̿̿̿)͇̿̿)̿̿̿̿ '̿̿̿̿̿̿\̵͇̿̿\=(•̪̀●́)=o/̵͇̿̿/'̿̿ ̿ ̿̿
Gimme the crypto!!
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Fioraver
Full Member
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Activity: 472
Merit: 100
Gamblica Pre-Sale launch 01.03.2018!
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July 29, 2014, 05:03:02 AM |
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These exchange fee rates have not been adjusted for now?
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Mieehayii
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July 29, 2014, 05:57:46 AM |
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If they want to adjust, then on a little faster, I can not wait for any more
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tinof
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July 29, 2014, 06:10:55 AM |
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Fee is already low compare to a year ago.
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bounst
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July 31, 2014, 03:01:15 AM |
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blumangroup
Sr. Member
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Activity: 350
Merit: 250
'Slow and steady wins the race'
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August 02, 2014, 08:18:33 PM |
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With a free market, you would think exchanges would always be lowering fees to try to get more customers. It might take time but it should happen. We just need more trustworthy exchanges, that's what I think is missing. Why can't these exchanges get their acts together at the rates they are charging?
Too bad the western exchanges didn't take one out of China's book and give us 0% fees for some time. The Chinese exchanges have to make money some how. If they are not charging customers a fee then they are either trading against them (with inside information), somehow enlarging the bid/ask spread, or simply taking part of customers' deposits. Regardless of what they are doing they are making money in a much less transparent way then other exchanges. |
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titulng
Sr. Member
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Activity: 484
Merit: 250
HubrisOne
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August 05, 2014, 03:07:03 AM |
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Many non-mainstream exchanges had started to adjust the fee, you can see the discussion on reddit.com/r/BitcoinMarkets.
but the big four bitcoin exchange, bitstamp, btc-e, bitfinex, lakebtc, no action now
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GreenCoin22
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August 07, 2014, 07:47:17 AM |
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From the date of your posting has two weeks later, why has not yet appeared.
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