Topic: free / low cost exchange - page 2. (Read 343 times)
No need to look for exchanges that have a cost of 0 for trading, the most important exchange that you use to trade safely and reliably. It's useless without costs if you end up losing your money. Choose the top exchange even though they have trading costs but at least your money is safer. Even though everyone suggested cobinhood, I wasn't sure about this exchange.
No fee sounds like a very bad business model for every exchange, they'll get money of you either with fees or with a hack or sell your data. Its up to you on how you wanna pay for a service.
i was reading about cobinhood, they declared bankruptcy and people are sounding alarms about scams. gonna pass on them. no fee is nice but trust is more important. i found a few that offer no fee trades but they are either not in the US or they don't deal with fiat. so far the best i found is ITbit. they actually pay you 0.03% for adding liquidity to their platform. sounds too good to be true. they are based in NY and regulated. what do you guys think about ITbit?
If you want to do trading right and not pay too much fee then your best bet is always binance. Can you find better fee structure somewhere else? Sure you can, but they are both cheap (if you use bnb your trading fee gets cut in half) and also they are very secure and trusted.
Now, you have to ask yourself which do you really want, pay less fee but trade somewhere you can not trust and may get "hacked" and lose all your money or a place where you will already pay very little fee maybe slightly more than the other place but have the security knowledge that even if they get hacked and 7000 bitcoins all lost they will still keep your money secure? That is why binance is at the perfect spot of being both cheap but also trustworthy for me and I would pick them over anything else.
Now, you have to ask yourself which do you really want, pay less fee but trade somewhere you can not trust and may get "hacked" and lose all your money or a place where you will already pay very little fee maybe slightly more than the other place but have the security knowledge that even if they get hacked and 7000 bitcoins all lost they will still keep your money secure? That is why binance is at the perfect spot of being both cheap but also trustworthy for me and I would pick them over anything else.
Why not just trade with other people directly? You can find many trustworthy people on this forum and most people trade at 100% so neither person makes a profit on the other.
Digitex will launch somewhat soon and they advertise offering zero fees as well was leverage up to 100x with the margin trading on their platform. Not sure personally about how legit the exchange might be, and the waitlist for the exchange is relatively long as of right now AFAIK, but it might be worth checking out.
It seems, no exchanges are offering no-fee trades because they want to make a profit from the fee.
I think even in the recommended exchanges, they applied some fee for trades and I think that is no problem for us especially if we can make a profit from the coins.
Besides that, I think the fee will be needed for them to improve their site better than before.
Actually theres an exchange which had been mentioned above but well the thing concerns you is the liquidity and low volume so there's still no point on using it upI think even in the recommended exchanges, they applied some fee for trades and I think that is no problem for us especially if we can make a profit from the coins.
Besides that, I think the fee will be needed for them to improve their site better than before.
just like on what Omega said.
Exchangers are business so its just a common thing that fees is their way on profiting.
It seems, no exchanges are offering no-fee trades because they want to make a profit from the fee.
I think even in the recommended exchanges, they applied some fee for trades and I think that is no problem for us especially if we can make a profit from the coins.
Besides that, I think the fee will be needed for them to improve their site better than before.
I think even in the recommended exchanges, they applied some fee for trades and I think that is no problem for us especially if we can make a profit from the coins.
Besides that, I think the fee will be needed for them to improve their site better than before.
There is one exchange that offers no alias free transaction fees, namely cobinhood exchange. It also offers ico underwriting services too. It's just that I don't guarantee whether this exchange is safe or not.
The only exchange I'm aware of is Cobinhood, but there isn't much liquidity, and not many coins are listed there. So basically unless you're going to use it for BTC/ETH and BTC (or ETH)/USDT, you won't find it much useful.
last time i needed to trade i went to coin base pro. they offered 0% trading fee for makers. now it's 0.15%. not the end of the world, but still sucks compared to 0%. are there any reputable exchanges still offering no fee trades?
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