First, It is not %2-4, it is %0.2-0.4 and it is like nothing unless you make very big trades. Most people make max. 1000-10k$ trades in exchanges so it doesn't matter much.
And no, there is not any way to bypass them.
Topic: How to bypass exchange fees - page 2. (Read 1412 times)
Currently, with exchange fees in the 2-4% its difficult to make any profitable short sell because the price change needs to be 2-4+% in order to make profit. Coinbase just increased their fees from 1% to 1.5% which makes a big difference for margin trading. 1.5% fee when buying bitcoin, then another 1.5% fee converting it to USD for a total of 3%. Does anybody have any suggestions on how to make margin trades more effectively and not get reamed by exchange fees?
I tried playing different exchanges off each other, but in the end, when taking into consideration the fee differences, its about a wash.
Thank you very much!
I tried playing different exchanges off each other, but in the end, when taking into consideration the fee differences, its about a wash.
Thank you very much!
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