Free Exchanges Fees? is this Possible. - page 4.

maydna

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Quote from: Malamok101 on July 08, 2019, 10:19:44 AM

Quote from: Goodvalony on July 06, 2019, 10:29:56 AM

can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.

Every exchangers need some fees to earm some profit also every traders and investors even trading theres a fees also for exchanging buying or selling some altcoins in exchanges.

By adding some fees trading, the money will be useful to maintain or to pay the other services that they have so they can continue the exchanges so the exchange doesn't have any trouble in the future. Trading fee is not just for their profit but it's also to cover the other fee that sometimes happens without they thought. So I think it is normal if they have a trading fee and besides that, I am sure that the fee is not too big than the trader's profit so for me, it is not possible to see the zero fee trading in the exchanges.

goinmerry

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Quote from: Goodvalony on July 06, 2019, 10:29:56 AM

can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.

Isn't asking that kind of benefit is already too much here in crypto?

People want to trades, want to be secured, want to be safe, then accept the fees.

Looking at the average fees at the majority of exchanges, it seems that it won't hurt our pocket so much.

Altero

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Quote from: Congyang on July 07, 2019, 06:23:57 PM

maybe it could happen in the future, but now with a fee it can be used as a profit for the exchange by offering a satisfying service for the users. so I think this is a good deal to deal

They can only just offer low fees but setting it free, I don't think so. And I don't think it is a good deal nor to have fair with them cause this is the only they survive. Traders and investors are just looking for satisfying fees(low) cause we know that fees are very important to them.
If someone could offer free services, then to think what are they up to and where they can get benefits?

xSkylarx

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I don't think this is possible. How would that exchange gain profit from its traders? Nothing is free these days. A business without profit won't last long. Just imagine working hard but you won't get paid.

Congyang

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maybe it could happen in the future, but now with a fee it can be used as a profit for the exchange by offering a satisfying service for the users. so I think this is a good deal to deal

el kaka22

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It is quite possible but why would anyone do it? How would they make any money if they do a free exchange? I mean it is possible but at what cost? Will there be exchanges with advertisements to make money? Will they use the peoples money for staking and masternodes to make money? How are they going to profit if they make the trading free? That is why it is definitely technically possible, there are zero house edge casinos as well but none of them are big or known because no casino with zero house edge ever made it big with that type of not earning, same for exchange as well because if you have no trade fee then you can't make money and if you can't make money that way then you will try to find another way and that would not be accepted by the customers at all.

dunfida

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Quote from: Goodvalony on July 06, 2019, 10:29:56 AM

can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.

Exchangers are businesses and its dumb for owners to built one without making any profits yet there are staffs and maintenance to expend on but

somehow theres an exchange like Cobinhood which doesnt have trading fees,just wondering on how they do sustain it up but if you do look up for these things then
you can try it out.

Indrawan77

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I think the exchanges need the fee to survive, they need money to rent the domain and to upgrade their system, without the fee, the owner will need to pay all of that from its pocket, low fee still possible but without fee the site wont survive

Malamok101

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Quote from: Goodvalony on July 06, 2019, 10:29:56 AM

can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.

Every exchangers need some fees to earm some profit also every traders and investors even trading theres a fees also for exchanging buying or selling some altcoins in exchanges.

miropp

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That would be too good for us. But as we know nothing is free. Exchanges also need something to earn and develop and they do it with the help of exchange fees. This is the same if you come to the store and ask for free products.

2double0

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Quote from: fudster on July 07, 2019, 09:24:03 AM

If you have little amount to trade, you will feel like being left out.

Oh come on, I mean OP is speaking about airdrops which is a waste of time sometimes while it can give you fortunes the other way if you wait. Why not wait and collect more instead of 'feeling that you are left out'? He wants everything for free, from money through airdrops to free exchange fees but is it possible?

Quote

Some exchanges are the worse you can use, coineal and gate.io does have a minimum withdrawal. I have tried trading in these exchanges with the little capital I have but if the minimum withdrawal is 0.12BTC, you will start to pick up another coin just so you can withdraw your funds. That would be another fee to pay.

There are shitload of exchanges to choose from, so why does he need everything free? And if you are worried about additional fees, let me tell you that if you buy small quantity of XRP, doge or other coins with cheap transaction fees then you should be bothered as it is saving you more on the other side (as you will not be paying huge BTC amount for withdrawal).

PuertoLibre

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Actually there are a lot of sites for comparing the exchange fees. For withdrawal fees, you can search google in order to find the exchanges that offer free Bitcoin withdrawals: Bitstamp and Shakepay

Jating

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Quote from: iamaruf on July 08, 2019, 05:38:52 AM

Its impossible.If any exchanger go for free fees.then exchanger should pay the fees. because to make a tx need some fees to confirm that tx.Also exchanger owner pay hosting bill domain bill,also they have some staff and worker.if they make free fees then that exchanger can't survive

Perhaps when an exchange was still in the beginning of their career, they might employed this so called free trading to attract potential customers.

But in a business standpoint, it is suicide if you do everything for free, it doesn't make sense at all. Server maintenance, the opsec, where do the owner will get the money to pay for them to keep the business alive and running well?

iamaruf

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Its impossible.If any exchanger go for free fees.then exchanger should pay the fees. because to make a tx need some fees to confirm that tx.Also exchanger owner pay hosting bill domain bill,also they have some staff and worker.if they make free fees then that exchanger can't survive

hahay

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I don't think it's possible, even many marketplaces offer things like that but basically they take advantage of something else that looks like it's indeed free for ordinary people. So, I think it would be better to be more transparent even though it is expensive fees, at least more transparently we can accumulate it before using it because everything needs calculation.

ralle14

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On this page you can find list of exchanges that have very small trading fees. When you're trading altcoins with very little total value the trading fees should be less of a problem since it's only a small percentage in this situation the miner fees usually costs more. Exchanges that have free fees on one part could be charging more on other parts(selling,buying,witdrawals).

BUK2016

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I don't think such exchange exist or will come into existence in time to come for reason being that they are in business to make profit and anything contrary to reducing their profit or for them not to make profit at all will not be possible. Even if there are other way in which they can make more money, I don't think they will adopt free transaction fee for all their customers.

qtronix

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That isn't possible. It is not profitable for the exchange to make exchange fees free of charge. Because this is what allows the exchange to exist. Otherwise, such an exchange simply has will not future.

Ucy

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There are couple of exchanges with little fee but I doubt they have lots of tokens . Have you tried ethereum-based decentralized Exchanges? Many of them have attractive fees... The only problem is liquidity, minimum deposit requirement, and difficulty of selling at preferred prices

Twinkledoe

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Quote from: kopijos on July 07, 2019, 11:49:40 AM

Quote from: Goodvalony on July 06, 2019, 10:29:56 AM

can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.

maybe for now almost all exchanges apply fees, but we don't know in the future. I think fees are commensurate with the exchange in providing services to users

Else, search for an exchange with low transaction and trading fees. This is the lifeline of exchanges so it is really by default that most exchanges have fees. They only vary on how much they are charging the users. For instance, bitcoin withdrawal fees - tradesat is charging like 10ksat, while most are charging 50k sat and others are 100k sat. So it all depends on your priorities, where you want to do the transaction and the trust on that exchange that they will give your money in time.

Topic: Free Exchanges Fees? is this Possible. - page 4. (Read 1201 times)