Topic: 2019 Cryptocurrency Exchange Platform Fees Reviews (Read 411 times)
anyone can recommend good exchanger with low trading fee?
will have update soon?
changenow seem a copy of changelly ?
ChangeNow is *kinda* a copy of Changelly. They actually use Changelly's API for many of their pairs, so when you trade, you are pretty much using Changelly but using ChangeNow as a middle-man.they are from same guys
thank for share this information
changenow seem a copy of changelly ?
ChangeNow is *kinda* a copy of Changelly. They actually use Changelly's API for many of their pairs, so when you trade, you are pretty much using Changelly but using ChangeNow as a middle-man.they are from same guys
changenow seem a copy of changelly ?
ChangeNow is *kinda* a copy of Changelly. They actually use Changelly's API for many of their pairs, so when you trade, you are pretty much using Changelly but using ChangeNow as a middle-man. I use Binance and ChangeNOW as an alternative exchange without registration. Binance is the best exchange from this list.
Binance is quite annoying the last time, with their "awaiting approval". In this case, changenow is better, exchanges there are faster and without such "misunderstandings" with approvalschangenow seem a copy of changelly ?
I use Binance and ChangeNOW as an alternative exchange without registration. Binance is the best exchange from this list.
Binance is quite annoying the last time, with their "awaiting approval". In this case, changenow is better, exchanges there are faster and without such "misunderstandings" with approvals
I use Binance and ChangeNOW as an alternative exchange without registration. Binance is the best exchange from this list.
Obviously, Binance is the best choice. I also used HitBTC from this list, but the withdrawal fee is too high, so I don’t use them now.
Hitbtc seem only care about listing fees. so many coin in their have no trading volume+1 for the negative rating to Hitbtc. I have a lot of tokens there which I can't use them. For example, Telcoin you can trade on 100 Tel, So if you have 198, you can sell only 100. Also, the rest of the untradeable amount is not possible to withdraw, because is withdrawal fee much higher. It is a situation with all the coins there. Using Hitbtc only if have no other options to trade specific coins
Obviously, Binance is the best choice. I also used HitBTC from this list, but the withdrawal fee is too high, so I don’t use them now.
Hitbtc seem only care about listing fees. so many coin in their have no trading volume+1 for the negative rating to Hitbtc. I have a lot of tokens there which I can't use them. For example, Telcoin you can trade on 100 Tel, So if you have 198, you can sell only 100. Also, the rest of the untradeable amount is not possible to withdraw, because is withdrawal fee much higher. It is a situation with all the coins there. Using Hitbtc only if have no other options to trade specific coins
Obviously, Binance is the best choice. I also used HitBTC from this list, but the withdrawal fee is too high, so I don’t use them now.
Hitbtc seem only care about listing fees. so many coin in their have no trading volume+1 for the negative rating to Hitbtc. I have a lot of tokens there which I can't use them. For example, Telcoin you can trade on 100 Tel, So if you have 198, you can sell only 100. Also, the rest of the untradeable amount is not possible to withdraw, because is withdrawal fee much higher. It is a situation with all the coins there. Using Hitbtc only if have no other options to trade specific coins
You should add withdrawal fees as a factor too it can have a big impact especially if you are a small trader, I am saying this because I got burned before from exchanges that have insane withdraw fee compared to other exchanges. Other than that I agree that Binance should be in #1, also you might want to take a look at Bittrex too I think it should be up there.
you are right, some exchanger have huge withdraw fee.
Only Binance deserves respect, in my opinion. However, I am not in favor of using exchanges with registration, as there is a chance of losing money in the event of a hacker attack, as it was with Cryptopia.
From what I know, the lower the fees, the bigger the chance for price manipulation. And the fact they don't do KYC make the things worse.
Don't get me wrong, I'm not a big fan of KYC, but Binance seems not to deserve the "respect" many users seem to give it.
Edit: An for OP: Bitstamp starts with 0.25% - 0.25% and the fees are decreasing with the volumes.
Quote from: https://www.bitstamp.net/fee_schedule/
Fee % 30 days USD volume
0.25% < $20,000
0.24% < $100,000
0.22% < $200,000
0.20% < $400,000
0.15% < $600,000
0.14% < $1,000,000
0.13% < $2,000,000
0.12% < $4,000,000
0.11% < $20,000,000
0.10% > $20,000,000
0.25% < $20,000
0.24% < $100,000
0.22% < $200,000
0.20% < $400,000
0.15% < $600,000
0.14% < $1,000,000
0.13% < $2,000,000
0.12% < $4,000,000
0.11% < $20,000,000
0.10% > $20,000,000
you right, poloniex is an example of losing market with their hard KYC policy
Obviously, Binance is the best choice. I also used HitBTC from this list, but the withdrawal fee is too high, so I don’t use them now.
Hitbtc seem only care about listing fees. so many coin in their have no trading volume
You should add withdrawal fees as a factor too it can have a big impact especially if you are a small trader, I am saying this because I got burned before from exchanges that have insane withdraw fee compared to other exchanges. Other than that I agree that Binance should be in #1, also you might want to take a look at Bittrex too I think it should be up there.
I'm using Kraken, it has 0.16% Maker and 0.26% Taker. But the fees decrease depending on your monthly volume. I was using Cryptopia to trade with altcoins and don't even remember what were the fees. Not much dealing with altcoins recently but it's a good comparison. OP should add more exchange platforms to the list.
Only Binance deserves respect, in my opinion. However, I am not in favor of using exchanges with registration, as there is a chance of losing money in the event of a hacker attack, as it was with Cryptopia.
From what I know, the lower the fees, the bigger the chance for price manipulation. And the fact they don't do KYC make the things worse.
Don't get me wrong, I'm not a big fan of KYC, but Binance seems not to deserve the "respect" many users seem to give it.
Edit: An for OP: Bitstamp starts with 0.25% - 0.25% and the fees are decreasing with the volumes.
Quote from: https://www.bitstamp.net/fee_schedule/
Fee % 30 days USD volume
0.25% < $20,000
0.24% < $100,000
0.22% < $200,000
0.20% < $400,000
0.15% < $600,000
0.14% < $1,000,000
0.13% < $2,000,000
0.12% < $4,000,000
0.11% < $20,000,000
0.10% > $20,000,000
0.25% < $20,000
0.24% < $100,000
0.22% < $200,000
0.20% < $400,000
0.15% < $600,000
0.14% < $1,000,000
0.13% < $2,000,000
0.12% < $4,000,000
0.11% < $20,000,000
0.10% > $20,000,000
It's a decent list but you should make the fee structure clearer. Binance, for example, has a different fee structure for trades settled in its own token.
It would definitely be a useful addition, but the thing with these in-house tokens that grant people lower fees or cashbacks, is that while trading, the value of the token could very likely tank hard, because it doesn't tend to follow Bitcoin, but follows whatever the exchange comes up with. In other words, the advantage you believed you had turns out to make you lose money.
Another thing to take into consideration for OP are the volumes generated, because the more volume people generate, the lower the fees will become.
I actually have accounts on Binance and BitPanda, both of which I use fairly regularly, but never opted for their native tokens for those discounts (which actually seem pretty deep), generally because I don't have a high frequency of trade (I tend to do all available trades in single orders). I was under the impression that the bigger guys with big volumes actually do well, hasn't BNB (binance's token) been on a steady ascent in terms of price? In fact, I think I read somewhere it's been making new ATHs (against BTC) these few months even in the bear market.
But you're probably right, my own rough calculations never convinced me to settle with BNB. I still feel most of the price is speculation.
It's a decent list but you should make the fee structure clearer. Binance, for example, has a different fee structure for trades settled in its own token.
It would definitely be a useful addition, but the thing with these in-house tokens that grant people lower fees or cashbacks, is that while trading, the value of the token could very likely tank hard, because it doesn't tend to follow Bitcoin, but follows whatever the exchange comes up with. In other words, the advantage you believed you had turns out to make you lose money.
Another thing to take into consideration for OP are the volumes generated, because the more volume people generate, the lower the fees will become.
It's a decent list but you should make the fee structure clearer. Binance, for example, has a different fee structure for trades settled in its own token. I believe this is quite common for the biggest exchanges, maybe most if not all those listed. So you may achieve a cheaper fee structure but only if using the native token to pay the fee (then this needs a different calculation to see nett profit).
Then, a more complex calculation is the spread with average global price. What's the point of low fees if you pay more anyway? Binance probably ranks higher here too though.
Then, a more complex calculation is the spread with average global price. What's the point of low fees if you pay more anyway? Binance probably ranks higher here too though.
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