Transactions fee must be a consideration for traders, without doing research on exchange fees will make trading profit less.
There are still exchanges that set a very high WD fee. For withdrawals it can be tricked by changing to another coin with a cheaper at fee, while for taker and maker fees it cannot be changed but usually, there is an exchange that divides its users into several levels, the higher level will get taker and maker with smaller fee.
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For me personally, i think there is little that can be done by the exchange platform user about the exchange rate. Binance and every other exchange sets their withdrawal charges to ensure they are always in the profit line. It is up to users to choose the best and most convenient platform to trade efficiently.
Yes, your words are correct. Fees cannot be controlled in exchanges, as well as in withdrawal fees. What can be done is only to choose exchanges whose fees are low, but you sometimes have to work in some exchanges even though the fees are high either because of the good liquidity in the exchange or because you own a certain coins They are listed on a few exchanges and you don't have many options.
I forgot the name of the exchange but they have the feature of free transaction fees for new users in a month.
That's good and I actually used their service because of that event.
Yes, there are no bonus but you will save more money with free charge in and out of their exchange.
I just hope I could remember the name so I can check if they are still active.
That's good and I actually used their service because of that event.
Yes, there are no bonus but you will save more money with free charge in and out of their exchange.
I just hope I could remember the name so I can check if they are still active.
As others have said, exchange fees are fixed, please be guided by the following thread:
1. Exchange with lowest BTC withdrawal Fee?
2. Crypto exchanges comparison [trade fee + listing fee + age + mobile app + more!]
Of course, if you are trying to withdraw then you have to take into consideration the fees being incurred. It's not rocket science, so don't make things complicated.
1. Exchange with lowest BTC withdrawal Fee?
2. Crypto exchanges comparison [trade fee + listing fee + age + mobile app + more!]
Of course, if you are trying to withdraw then you have to take into consideration the fees being incurred. It's not rocket science, so don't make things complicated.
Is this possible to set your own transaction fee from exchanges? Most exchanges if not all already have these fees fixed, so I don't see any need for the user looking to achieve setting any transaction fees. Well, I am interested to know if this is possible and from which exchange.
For me personally, i think there is little that can be done by the exchange platform user about the exchange rate. Binance and every other exchange sets their withdrawal charges to ensure they are always in the profit line. It is up to users to choose the best and most convenient platform to trade efficiently.
Because most exchanges have their fixed rates like in withdrawal fees, as a trader, you can't do much about it. The only thing you can do is compare it with other exchanges and choose which one will work for you. However, trading is not only about the withdrawal fees that you will incur but the liquidity of the exchange and the availability of the trading pair that you are interested with. So sometimes you have no choice but use a specific exchange for the coin you have.
For me personally, i think there is little that can be done by the exchange platform user about the exchange rate. Binance and every other exchange sets their withdrawal charges to ensure they are always in the profit line. It is up to users to choose the best and most convenient platform to trade efficiently.
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