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Topic: Free Exchanges Fees? is this Possible. - page 5. (Read 1201 times)

member
Activity: 523
Merit: 11
July 07, 2019, 11:49:40 AM
#24
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
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
July 07, 2019, 12:02:46 PM
#24
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.

I think that is impossible because every exchange wants to make a profit from the fee and that is why every exchange has a different fee for trading. How they can get additional income for the traders if it's not from the fee and I think that will be used to help to maintain the website. Besides that, the fee is not too high depends on our profit and we should accept their rule related to the fee of trading. Perhaps, you should not think about the fee because from the fee, we could see the exchange could do many improvements that will make them better than before.
full member
Activity: 783
Merit: 100
July 07, 2019, 11:55:07 AM
#23
I don't think the fee should be disputed because you have been given maximum service on the exchange. so I think this is one of the exchange income of the users and if there is no fee exchange there might not be income
legendary
Activity: 1904
Merit: 1000
July 07, 2019, 11:00:19 AM
#22
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.

This is what you think as you are depended upon air drops only. Practically exchanges are made with the intention of earning money and if there is no trading fee, how will exchanges will earn? New exchanges may waive the trading fee initially to promote their sites but they can't run the exchange without getting some revenue out of it.

Yes, exchange is a business place. They need money to run their business and of course they want to get a good return from it. I don't think there will be an exchange that is willing to do a voluntary work and bear all the operational costs from their own pocket without drawing fees from its users.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
July 07, 2019, 10:53:28 AM
#21
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.
Fee are indeed if someone giving you some service so you have to be aware of scams that if someone says that they are giving it for free.
sr. member
Activity: 980
Merit: 261
July 07, 2019, 10:00:33 AM
#20
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.

It will be hard for this to happen, fees are used for maintaining the service of the exchange and in technical aspect you can see this as your basis for the knowledge about the different fees  https://medium.com/totle/crypto-trading-fees-explained-and-how-to-minimize-them-203f0938f2f1.
legendary
Activity: 2380
Merit: 4265
eXch.cx - Automatic crypto Swap Exchange.
July 07, 2019, 09:37:32 AM
#19
Yes it might be possible based on the proposal from digitex exchange although they'll be launching and focusing more on future exchange rumors are that they might also introduced a spot exchange alongside their future exchange. You can read through their whitepaper for better understanding on how the exchange will work, currently they just employed the service of SmartDec to continue development of the exchange which might launch anything soon. Currently no exchange offers zero trading commision but digitex has promised that so lets see how it goes.
hero member
Activity: 2758
Merit: 617
Leading Crypto Sports Betting & Casino Platform
July 07, 2019, 09:34:33 AM
#18
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.

This is what you think as you are depended upon air drops only. Practically exchanges are made with the intention of earning money and if there is no trading fee, how will exchanges will earn? New exchanges may waive the trading fee initially to promote their sites but they can't run the exchange without getting some revenue out of it.
sr. member
Activity: 1190
Merit: 255
July 07, 2019, 09:24:03 AM
#17
If you don't want to pay exchanges for their 'services', please stop using them. You are trading to make money and you don't want to pay to use their platform? There's no free lunch and so nothing comes for free. Binance is the cheapest I have used with 0.1% trading fees and lessened to 0.075% if we maintain some BNB in our account.

It's your thinking that makes you feel like you are left out, but you are not. Who is complaining? Nobody.

Hey that way, you will come some day and ask for BTC or token transaction fees to be waived off completely?  Huh

If you have little amount to trade, you will feel like being left out. 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. BNB is going to be a preferred exchange and all you have to do is buy BNB tokens for your fees.
legendary
Activity: 2618
Merit: 1105
July 07, 2019, 09:02:33 AM
#16
If you don't want to pay exchanges for their 'services', please stop using them. You are trading to make money and you don't want to pay to use their platform? There's no free lunch and so nothing comes for free. Binance is the cheapest I have used with 0.1% trading fees and lessened to 0.075% if we maintain some BNB in our account.

It's your thinking that makes you feel like you are left out, but you are not. Who is complaining? Nobody.

Hey that way, you will come some day and ask for BTC or token transaction fees to be waived off completely?  Huh
sr. member
Activity: 840
Merit: 268
July 07, 2019, 08:33:02 AM
#15
All exchange I know has transaction fees. Where would they get money for paying their employees if the exchange will not issue fees for transactions? I searched through the internet and found this COBINHOOD | Cryptocurrency Exchange without trading fees.
hero member
Activity: 2772
Merit: 645
No dream is too big and no dreamer is too small
July 07, 2019, 08:27:43 AM
#14
Fees are the lifeblood of exchanges, they have survived because of this and people wanting to be free? This will be impossible to happen.
If we are also running an exchange, will surely be doing as well. Only we have options to take and look at those exchanges that only asking for low fees but not to the extent of finding it free.
 
full member
Activity: 826
Merit: 100
July 07, 2019, 04:17:15 AM
#13
I also experienced it, where gifts from airdrop cannot enter the exchange. but I think the fee from the exchange cannot be eliminated, because with the fee that can turn on the exchange. I just hope the price of the coin is high so that it can be sold on the exchange

hero member
Activity: 3094
Merit: 929
July 07, 2019, 07:58:06 AM
#13
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.

Just put yourself in the place of a crypto exchange website owner.Would you offer your website/service to the traders for free and get 0 coins/money while having to pay for hosting,advertising and taxes?
Even if the crypto trading platform was 100% free from fees,the traders on the platform would start charging fees for their transactions. Sad 
hero member
Activity: 2912
Merit: 642
July 07, 2019, 07:46:04 AM
#12
Low trading fees will be possible but not free.
Same with withdrawals. Dynamic mode could really help if you are having problems with the high fees or you could try a pool to save some money.

We still have to be considerate with miners. The fees are for their little profit besides what they mine. The difficulty now is really high and with a long span before they can mine this fees will be their little profit or the very least income they could make to pay for electric bills.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
July 07, 2019, 05:50:07 AM
#11
There have been zero fee exchanges in the past. They made it up by charging high withdrawal fees, probably front running the trades of their customers and it turns out some were using customer funds in ludicrous non crypto 'investment' schemes without permission.

I would prefer to be charged fees and not be raped or exploited.
member
Activity: 532
Merit: 15
Trader
July 07, 2019, 12:24:03 AM
#10
I have not seen this exchanger yet, every exchange take fees. Some exchanger take little fees and some exchanger take something more fees. But,No exchanger does the free trade.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
July 07, 2019, 04:32:34 AM
#10
Blockchain fee? Not possible as of now, maybe it is but you will wait centuries for your transaction to be confirmed. But, free exchange fee is possible. You or the community or someone else just need to create your own version of automated decentralized exchange using the available open source and then run it, the operational fee could be earned from the donation, other than that I don't see any possibility.
sr. member
Activity: 910
Merit: 251
July 07, 2019, 02:46:22 AM
#9
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.

As far as I know, there is no exchange that will implement no charge in every transaction . Because this is one of the main reason why every

exchange platform survive in the market. Unless, you make a transaction with a persons which is close to you or someone trusted to you.
sr. member
Activity: 882
Merit: 301
July 06, 2019, 01:37:51 PM
#8
can we possibly have an Exchange with little or No fees for trading and transfers of token.
Trade on Etherdelta or Forkdelta.

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.
I find it hard to believe that an airdrop hunter has no time doing bounties as well especially when you are wearing a signature. I also took a quick look in your post history and found out that you have been into a lot of bounties already.  
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