Does trading fees really matter ? - page 5.

rijaljun

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Quote from: Rufsilf on October 15, 2019, 01:37:05 AM

Quote from: rijaljun on October 15, 2019, 01:29:59 AM

The percentage actually doesnt matter, but if we talk about dollar and trading with big money, some people wont' be willing to give $100 dollar as a fee no matter how big their profit is.

It's all just about greed.

I don't think if we call it greed. Profit is what we meant for and that is why we're doing trading. Seeking for a low-cost fees is what we look for cause it really affect into our ends. Even thought it is just $1 fees, it is still big for small traders, unlike if you are already a big fish but I know it still be matter for them when the market turns into difficult.

If the trading fee is 0.25% then $1 is a fee for 400 USD trade
If you are the one who traded it and you made like 10% profit out of it, then $1 is not a big deal comparing to your profit.

Still thinking that $1 is big?

Rufsilf

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Quote from: rijaljun on October 15, 2019, 01:29:59 AM

Quote from: pawanjain on October 10, 2019, 01:00:19 PM

Most of the exchanges have a minimal trading fees of about 0.25%
I see many people discussing trading fees here and there and that how high the trading fees is.
Does 0.25% really make a huge difference if you are earning at least more than 2% ?

The percentage actually doesnt matter, but if we talk about dollar and trading with big money, some people wont' be willing to give $100 dollar as a fee no matter how big their profit is.

It's all just about greed.

I don't think if we call it greed. Profit is what we meant for and that is why we're doing trading. Seeking for a low-cost fees is what we look for cause it really affect into our ends. Even thought it is just $1 fees, it is still big for small traders, unlike if you are already a big fish but I know it still be matter for them when the market turns into difficult.

rijaljun

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Quote from: pawanjain on October 10, 2019, 01:00:19 PM

Most of the exchanges have a minimal trading fees of about 0.25%
I see many people discussing trading fees here and there and that how high the trading fees is.
Does 0.25% really make a huge difference if you are earning at least more than 2% ?

The percentage actually doesnt matter, but if we talk about dollar and trading with big money, some people wont' be willing to give $100 dollar as a fee no matter how big their profit is.

It's all just about greed.

Dhoe

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Quote from: crossabdd on October 13, 2019, 04:22:49 AM

Quote from: pawanjain on October 10, 2019, 01:00:19 PM

Most of the exchanges have a minimal trading fees of about 0.25%
I see many people discussing trading fees here and there and that how high the trading fees is.
Does 0.25% really make a huge difference if you are earning at least more than 2% ?

it might look small if you trade using small capital, but it might be different for brands that have detailed calculations with large capital. for example is 10-20BTC in trading, then 0.25% is fee. if the price of Bitcoin is 8000 $ then $ 80K - 200 $ and in my opinion this is big for fee. but if we make 2% of $ 80K. it shouldn't matter.

Well, it depends on how big or small the capital we are trading, if our capital is large then the 0.25% fee we feel is also big, but if we only trade with small capital, I think 0.25% is a number that is too small and I think don't worry too much about that.

Free1bitco.in

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Quote from: ringgo96 on October 14, 2019, 01:36:17 AM

Certainly important. if this is not done. What operational companies will then be paid for using what? If only the withdrawal fee, in my opinion, is still not able to cover the entire operation of an exchange. they certainly have to make a trading Fee. but my opinion about fees shouldn't also be big for a trader. because this can also be competition between exchanges

It is undeniable that traders are looking for good exchangers with the lowest fee. the lowest cost is also a matter of great concern for traders, even I also feel it. because of this, quite a lot of exchangers make events like free fees. In fact, some tokens from exchangers also function to reduce the fee for each transaction. because of this, trading costs are really a matter that needs to be considered for exchanger developers.

alan2here

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Quote from: ringgo96 on October 14, 2019, 01:36:17 AM

Certainly important. if this is not done. What operational companies will then be paid for using what? If only the withdrawal fee, in my opinion, is still not able to cover the entire operation of an exchange. they certainly have to make a trading Fee. but my opinion about fees shouldn't also be big for a trader. because this can also be competition between exchanges

The lower the cost, the more investors will participate because a good exchange always reduces trading fees for everyone. Among the exchanges I know, Bibox is probably the cheapest exchange fee and is very much interested in the last 2 years. For me the fee of 0.05% is really a fee that can be very helpful in making a profit and very few exchanges have this fee.

In my opinion, cheap withdrawal fees are also the main reason for them to join the exchange and if you are considering finding a cheap exchange, Bibox will be the best choice for you.

jaocoincrypto18

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Exchanges continue to operate because of the service fees in which this is the reason of why they exist. Good thing is that there are many exchanges that existed in the crypto market in which we could enjoy their competition of which of them has the cheaper fees with quality services.

ringgo96

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Certainly important. if this is not done. What operational companies will then be paid for using what? If only the withdrawal fee, in my opinion, is still not able to cover the entire operation of an exchange. they certainly have to make a trading Fee. but my opinion about fees shouldn't also be big for a trader. because this can also be competition between exchanges

NewRanger

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Quote from: palle11 on October 13, 2019, 06:31:51 PM

Quote from: noormcs5 on October 13, 2019, 03:04:07 PM

For a normal day trader, trading fee dos not matter much. Also if anyone is getting good profits from his trades, for him the trading fee is negotiable and does not matter.

I am also of this feeling that when you don't make profit, then you start complaining at different things but if your strategy always give you profit, you will see that the little commission that exchanges charge won't be headache for you.

when traders able make money from their trades they wouldn't complain about trading fee.they think their profits enough to recover its fee.and actually exchanges set their trading fee suitable with market conditio.better for us to be market maker not taker so we will charge less fee in our trade.but each traders have their own decision and system

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Quote from: pawanjain on October 10, 2019, 01:00:19 PM

Most of the exchanges have a minimal trading fees of about 0.25%
I see many people discussing trading fees here and there and that how high the trading fees is.
Does 0.25% really make a huge difference if you are earning at least more than 2% ?

About trading fees, from what i see it is like work like when we get $20 it means fees is 0.25% * $20 right, so any amount of what we get actually have same amount percentage, if like that i think if the market that we use need to maintain their site so they need income too. Like symbiosis mutualism. Not like fixed withdrawal trading that ask us same amount although we withdraw small amount of money.

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Quote from: noormcs5 on October 13, 2019, 03:04:07 PM

Quote from: Bitcoin Seller on October 13, 2019, 02:59:56 PM

Quote from: pawanjain on October 10, 2019, 01:00:19 PM

Most of the exchanges have a minimal trading fees of about 0.25%
I see many people discussing trading fees here and there and that how high the trading fees is.
Does 0.25% really make a huge difference if you are earning at least more than 2% ?

Yes, it matters. If you are a day trader, you are supposed to make a LOT of exchange operations during a day. Each time, you will pay a fee for this stuff. The more you work on a day-trading basis, the more you pay. Cryptocurrencies transactions might be free (in some cases, for several tokens), but exchanges, when you trade, moreover, actively, always need their profit, so you pay.

It may matter for a trader who is involved in 100 of trades per day. For a normal day trader, trading fee dos not matter much. Also if anyone is getting good profits from his trades, for him the trading fee is negotiable and does not matter.

I don't care if you're even only making one trade a day. Fees still matter. You go into the trade at least 0.25% at a loss. If the coin only ends up going up 1% or so and you want to get out, you're pretty much screwed. Withdraw fees would also eat into that if you were ready to exchange back into Bitcoin and withdraw.

palle11

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Quote from: noormcs5 on October 13, 2019, 03:04:07 PM

For a normal day trader, trading fee dos not matter much. Also if anyone is getting good profits from his trades, for him the trading fee is negotiable and does not matter.

I am also of this feeling that when you don't make profit, then you start complaining at different things but if your strategy always give you profit, you will see that the little commission that exchanges charge won't be headache for you.

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Quote from: cryptoknightt on October 13, 2019, 07:44:38 AM

I think trading costs are very important because with the trading costs, you value the team that works behind the exchange and where the exchange can use trading costs by developing its platform to be the best exchange place.

As usual all gambling sites need some trading fees it coslty need for traders to pay if you are playing. Best exchangers costly fees for sure.

princerepon

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Quote from: pawanjain on October 10, 2019, 01:00:19 PM

Most of the exchanges have a minimal trading fees of about 0.25%
I see many people discussing trading fees here and there and that how high the trading fees is.
Does 0.25% really make a huge difference if you are earning at least more than 2% ?

I think of course it's matter. Specially those traders whom trades a lot or day traders. People like us who don't know much about trade a lot they just sell or buy tokens when it's up and going down. So it don't effect on us a lot. And who knows you are earnings 2% for sure. You can loose your asset in trade too right...?

Hypnosis00

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Quote from: noormcs5 on October 13, 2019, 03:04:07 PM

Quote from: Bitcoin Seller on October 13, 2019, 02:59:56 PM

Quote from: pawanjain on October 10, 2019, 01:00:19 PM

Most of the exchanges have a minimal trading fees of about 0.25%
I see many people discussing trading fees here and there and that how high the trading fees is.
Does 0.25% really make a huge difference if you are earning at least more than 2% ?

Yes, it matters. If you are a day trader, you are supposed to make a LOT of exchange operations during a day. Each time, you will pay a fee for this stuff. The more you work on a day-trading basis, the more you pay. Cryptocurrencies transactions might be free (in some cases, for several tokens), but exchanges, when you trade, moreover, actively, always need their profit, so you pay.

It may matter for a trader who is involved in 100 of trades per day. For a normal day trader, trading fee dos not matter much. Also if anyone is getting good profits from his trades, for him the trading fee is negotiable and does not matter.

Maybe you could say it is okay for now, fees are negotiable and fine for them but I don't think that they could still take it all the way. They can felt later when the market dumps and even get less profit cause it is already eaten by fees. Exactly what people say, fees are very important and I don't think that we just ignore it or never mind it. Well, it has to say 0.1$ is enough but seeing 0.25% fees, I don't think it was considerable.

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Quote from: Bitcoin Seller on October 13, 2019, 02:59:56 PM

Quote from: pawanjain on October 10, 2019, 01:00:19 PM

Most of the exchanges have a minimal trading fees of about 0.25%
I see many people discussing trading fees here and there and that how high the trading fees is.
Does 0.25% really make a huge difference if you are earning at least more than 2% ?

Yes, it matters. If you are a day trader, you are supposed to make a LOT of exchange operations during a day. Each time, you will pay a fee for this stuff. The more you work on a day-trading basis, the more you pay. Cryptocurrencies transactions might be free (in some cases, for several tokens), but exchanges, when you trade, moreover, actively, always need their profit, so you pay.

It may matter for a trader who is involved in 100 of trades per day. For a normal day trader, trading fee dos not matter much. Also if anyone is getting good profits from his trades, for him the trading fee is negotiable and does not matter.

Bitcoin Seller

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Quote from: pawanjain on October 10, 2019, 01:00:19 PM

Most of the exchanges have a minimal trading fees of about 0.25%
I see many people discussing trading fees here and there and that how high the trading fees is.
Does 0.25% really make a huge difference if you are earning at least more than 2% ?

Yes, it matters. If you are a day trader, you are supposed to make a LOT of exchange operations during a day. Each time, you will pay a fee for this stuff. The more you work on a day-trading basis, the more you pay. Cryptocurrencies transactions might be free (in some cases, for several tokens), but exchanges, when you trade, moreover, actively, always need their profit, so you pay.

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Quote from: pawanjain on October 10, 2019, 01:00:19 PM

snip~~
Does 0.25% really make a huge difference if you are earning at least more than 2% ?

Personally I don't think it is very high to me even matter. Because My trading volume is very low and irregular Roll Eyes

.But it is really a matter who has very high trading volume and who uses a bot to trade or try to trade like a bot manually. Please follow below.

suppose a user trading volume is $ 10000

Then
⇒ 100%=$10000
⇒ 1%=10000/100=$100
⇒ 0.25%= 100*0.25=$25

Am I right?

So if a person has 10000 dollars trading volume then he paid $25 dollars per trade. Then if he uses a bot for trading, can you imagine how much will be this 0.25% equal to?[I assume that you are acquainted of boat trading]

mascherono

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Yeah, trading fees really matter because a trader doesn't trade a single time in his/her whole life. This happened a lots of time if he/she involved in trading for a long time. But what if you get something which don't need any fees to exchange? Yeah, I am talking about https://all-stocks.net/ this website. I registered there already and be a member of their community. As a new trader I don't need to pay fees. And this offer is valid for the first 3 months.

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Quote from: nydiacaskey01 on October 12, 2019, 12:35:28 PM

If you are trading with a capital of $1,000 USD, 0.25% of that $2.5 USD
Sounds small right?
But if you are a day trader and daily your capital is $1,000 USD, thats how much in 1 week? Then check how would that be in 1 month.It may sound small but if you are in need of money, there will come. a time that you will think of the 0.25% and how much would that be after making 1,000 trades.

I agree to this, It will only depend on your trading volume. If your a high volume active trader you will noticed the huge difference of the fees compare to occasional trades. However it will not matter if your making huge profit in day trading.

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