Author

Topic: Bitcoin exchange fees (Read 2136 times)

legendary
Activity: 1792
Merit: 1283
August 17, 2015, 02:11:35 AM
#23
Yeah I've been using Kraken since I've been introduced to bitcoin and they have pretty low fees indeed.
Can't complain about their service.
sr. member
Activity: 241
Merit: 250
August 12, 2015, 10:09:24 PM
#22
just try Lakebtc or Bitstamp, trading fees both are lower than 0.2%

if you always deposits and withdrawals, you will like Lakebtc; if not, you will like Bitstamp. \

anyway, you will find your Mrs. right within them.
legendary
Activity: 1012
Merit: 1000
We on P. Sherman 42 Wallaby Way, Sydney
August 08, 2015, 03:25:34 PM
#21
I would say for the convenience coinbase provides, 1% is low.

What other exchange or service provides an instant buy option using your bank account?

You guys saying 1% is high must be forgetting that there are wire fees associated with sending funds to these other exchanges.
member
Activity: 90
Merit: 10
Gatecoin.com - Trade BTC/ETH/REP/DGD/1ST/SNGLS
August 05, 2015, 04:37:43 AM
#20
I stay in singapore and use https://www.coinhako.com/ - they charge almost 2% and I think it is higher - any other suggestion for me to reduce this fee

Hi Fullypak,

Gatecoin is based in Hong Kong and has BTCHKD BTCEUR BTCUSD and ETHBTC markets. The fees start at 0.35% and can be as low as 0.05% (depending on your monthly traded volumes). The wire transfer costs from Singapore to HK are not high and if you create an account using this link https://gatecoin.com/register?referralCode=CINGGE you can get 10 USD after your first wire.

Hope this helps!

Cheers,
hero member
Activity: 595
Merit: 506
August 04, 2015, 12:55:34 PM
#19
Where are you getting 1% from? I thought coinbase exchange was 0.25%?

When I bought bitcoin from them it was 1%.

I think you used just "Coinbase". You need to go on the "Coinbase Exchange" and it's 0.25%.
newbie
Activity: 35
Merit: 0
August 03, 2015, 05:10:35 AM
#18
Where are you getting 1% from? I thought coinbase exchange was 0.25%?

When I bought bitcoin from them it was 1%.
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
August 02, 2015, 04:15:34 AM
#17
You can try https://coinmkt.com/ it think their rate is fair.
Hey I forgot btc-e.com their rate is 0.20%, low verifications and fast executions.

Yes, but op is from US, and is seeking for an US based exchange. btw there's a lot of issues reported by US traders regarding btc-e and
wire transfers. And even though i use them for years w/o issues, i wouldn't recommend an exchange that is unclear were it is even based at.
Also heard that circle is good alternative for US residents , but i didn't trade there yet.

cheers
legendary
Activity: 938
Merit: 1000
LIR DEV
August 01, 2015, 09:44:35 PM
#16
using circle to purchase Bitcoin by bank withdrawal is free.
newbie
Activity: 3
Merit: 0
July 30, 2015, 12:40:19 PM
#15
If you already own bitcoin and want to trade long/short, try www.cryptofacilities.com. Never had issues there and there fees are almost zero. As low as 1/100th of a percent.
sr. member
Activity: 392
Merit: 250
July 30, 2015, 05:39:35 AM
#14
You can try https://coinmkt.com/ it think their rate is fair.
Hey I forgot btc-e.com their rate is 0.20%, low verifications and fast executions.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
July 30, 2015, 05:32:19 AM
#13
So Kraken is letting people buy and sell bitcoins for fractions of a percent in fees. This would be awesome, except they are in Europe and only allow digital currency exchange for US customers. Coinbase charges 1%; does anyone know of a good and reliable exchange in the US that offers fees comparable to Kraken?

Wait a minute, I thought Kraken lets people from all over the world to trade. When you are registering, there is every single country to be picke and they offer SEPA and international wire transfers.

Did I miss something?
copper member
Activity: 2268
Merit: 539
LuckyDiamond.io - FLAT 50% Deposit Bonus!
July 29, 2015, 01:40:02 AM
#12
see this,  https://bitcointalksearch.org/topic/bitcoin-exchange-reviews-collection-the-most-complete-695082

you will find 1% is an astronomical figure;   most exchanges trading fee is less than 0.5% (not include chinese exchange, they usually for free to trading and high fee to withdraw).

in this thread, you can compared these exchange in all respects expecially fees.  and for US, if you are not in NewYork, it still applicable.

more, I suggest Lakebtc, its deposit is free, and trading fee is only 0.2%, even withdraw fee is just 0.3% / 0.2% / 0.1%.
legendary
Activity: 1456
Merit: 1005
July 28, 2015, 04:42:40 AM
#11
I stay in singapore and use https://www.coinhako.com/ - they charge almost 2% and I think it is higher - any other suggestion for me to reduce this fee
legendary
Activity: 3248
Merit: 1070
July 27, 2015, 02:05:49 PM
#10
Where are you getting 1% from? I thought coinbase exchange was 0.25%?

0.25% is for trading 1% should be for withdrawal, unless they changed again their whole fees system
hero member
Activity: 595
Merit: 506
July 27, 2015, 12:14:49 PM
#9
Where are you getting 1% from? I thought coinbase exchange was 0.25%?
newbie
Activity: 38
Merit: 0
July 27, 2015, 07:28:16 AM
#8
1% is too much, I guess.

I like cex.io, cause I can deposit with MasterCard, and trade for 0.2%. They're long on the market (2013, I believe). And though they've been into cloud mining for a long time, they managed to create a good exchange service.
The volume is not as high as on Bitfinex, but non-professional traders would definitely like this exchange.
member
Activity: 84
Merit: 10
July 26, 2015, 11:02:52 PM
#7
I personally prefer cryptsy and they just charge only 0.25% it's just a small amount of fee.
legendary
Activity: 896
Merit: 1000
July 26, 2015, 12:37:02 PM
#6
coinbase fee is 1% and they are still very popular. they must be doing something really good. btc-e fee is just 0.2% which is quite fair. bitstamp would allow to decrease the fee significantly, but only if you're a high volume trader.
sr. member
Activity: 392
Merit: 250
July 26, 2015, 12:01:01 AM
#5
You can try https://coinmkt.com/ it think their rate is fair.
hero member
Activity: 1651
Merit: 863
July 23, 2015, 05:26:15 AM
#4
Most exchanges charges less than 1%
In the US there are not the big players except coinbase and Kraken.
 But check Bitfinex, Bitstamp, btc-e,anxpro.com ,citcurex, they all offer USDollar Fiat
legendary
Activity: 1792
Merit: 1000
July 23, 2015, 04:22:29 AM
#3
I didn't realise that Coinbase are charging so much.

Maybe they would get more uptake if they lowered them.

Could be worth trying Coinsetter.
hero member
Activity: 556
Merit: 500
its not my fault
July 23, 2015, 04:17:40 AM
#2
actually kraken is based in san fransisco but they are too hip for the rest of the country
newbie
Activity: 35
Merit: 0
July 23, 2015, 04:00:55 AM
#1
So Kraken is letting people buy and sell bitcoins for fractions of a percent in fees. This would be awesome, except they are in Europe and only allow digital currency exchange for US customers. Coinbase charges 1%; does anyone know of a good and reliable exchange in the US that offers fees comparable to Kraken?
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