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Topic: Is there any crypto exchange platforms without fees? (Read 406 times)

newbie
Activity: 143
Merit: 0
If there is any such an exchange, just think about how they will maintain the service they provide. won't they pay the developers and team for keeping the sites running. If you want to make money trading what should a 1 to 2 fees do to you.
full member
Activity: 742
Merit: 100
If you got any kind of crypto exchanger platform that is totally free so if you deal with this platform and exchange your altcoins, you can lose your whole money because in this online industry there is no any crypto exchange platform without fees. Without fees, exchange not stable for a long time because they must be stolen your money for this reason they can offer you free exchange.
newbie
Activity: 159
Merit: 0
Hello there. I suppose that bitcoin.co.id will fit you requires, it’s an Indonesia-based exchange. It sets 0% fee for market makers when it comes to trading Bitcoins and Rupiahs as well as 0% fee for all trades between btc and altcoins. Deposits are free for all cryptocurrencies. However, withdrawals charge some fee, it depends on the currency. Check it yourself if you’re interested, coz I used it a while ago and there is a possibility that I’ve missed something.
hero member
Activity: 840
Merit: 500
I doubt it. Cryptocurrency exchange platforms are living off their commisions and fees, so far as I know. So it is logic to have those
Yes that is right, to me i think i have used a number exchanges for trading purposes but still i never seen any single exchange who are not charging their transaction fee, although the transaction fee vary from exchange to exchange but still there is not  a single exchange who are not charging their trading or transaction fee, no doubt that they are existing on their commission.
sr. member
Activity: 742
Merit: 250
We are making research about free crypto trading platforms.

Can anyone suggest some good exchanges without trading and withdrawal fees?

BTW if there are free crypto exchanges why they are not very popular?


I don't think there is any cryptographic platform that fits your requirements. There is nothing free, everything must be exchanged for something. Transaction fees and withdrawals fee are mandatory for all exchanges. If everything is free, Those fees will be covered by who, and who is responsible for and guarantees that?. If you want to implement that idea, I think you will hardly maintain it to be long and sustainable
newbie
Activity: 77
Merit: 0
Binance and Kucoin are widely accepted exchangers in the market they have good reputation comparative to other exchanger these exchanger fees are less
jr. member
Activity: 47
Merit: 4
How do you expect such exchange to be maintained, pay taxes and survive? Through donations? I wouldn't advice anyone to depend on businesses that claim to offer free services but with no source of income.

There is a lot hype around exchange expenses. Servers are cheap. Huge exchange can easily operated by 20 people max!
And you forget about extra services.

For example pay for priority of order matching. Most of exchanges use price-time model. As extra service instead of "price-time" model use "price-transaction fee - time" matching model. So first will be matched the same price orders with the highest fee and than only orders with zero fee.

Taxes depends on country the exchange is registered at. For example Estonia or Cayman Islands. So free exchange with extra services could be very profitable.
Ucy
sr. member
Activity: 2576
Merit: 401
How do you expect such exchange to be maintained, pay taxes and survive? Through donations? I wouldn't advice anyone to depend on businesses that claim to offer free services but with no source of income.
sr. member
Activity: 686
Merit: 257
Cobinhood is not charging trading fees, I don’t know how long it can last. The withdrawal fees for most altcoins are at around USD 8. It might seems high as compared to other exchanges but considering there is no trading fees, I feel it is reasonable.
member
Activity: 266
Merit: 15
We are making research about free crypto trading platforms.

Can anyone suggest some good exchanges without trading and withdrawal fees?

BTW if there are free crypto exchanges why they are not very popular?


They need trading fees, so they have the money to build their exchange site better and get higher security. But if you want to use the exchanges for the fees cheap trading, then you should use Kucoin
jr. member
Activity: 47
Merit: 4
What if instead of building free exchange share 50-80% of trading revenue with "community" who owns the tokens like Fcoin, KuCoin does?
full member
Activity: 303
Merit: 100
The Future Of Work
I doubt it. Cryptocurrency exchange platforms are living off their commisions and fees, so far as I know. So it is logic to have those
hero member
Activity: 896
Merit: 505
yes there is,cobinhood but now many exchange are taking initiative to minimize the fees ,but people still prefer fees exchange  because they are popular and has huge volume support for traders.there are upcoming some exchanges who are giving lifetime zero fee facility to ico investor only,so more exchange will come but they will take time to compete with current popular exchanges.
legendary
Activity: 1316
Merit: 1011
I just know only CobinHood exchange that offer zero trading fee, but this exchange is not popular and not in the top 10 ranking volume. I think this is because many trader does not understand, where the profit come from if they do not take any trading fee. Cobinhood should be make better marketing strategy and explain how their trading paltform work to the public.
I never trade in this exchange site, just for promotions purpose few days they can allow people to trade zero fees but they are not at all collecting any fee means don't know how they are generating revenue.

maybe it's a strategy to increase traffic but known people and experts will not use this kind of services because they will not trust this kind of exchange sites.
full member
Activity: 420
Merit: 100
i havent seen a exchange with no fee all of the known exchange are collecting some fees for every  transaction in deposit and widraw  and always check and compared some exchange fees
full member
Activity: 303
Merit: 100
The Future Of Work
hehhe, I think that that exchanges are operating and functioning out from this fees and commisions, so I doubt that there is one
full member
Activity: 574
Merit: 102
https://adonx.one
I just know only CobinHood exchange that offer zero trading fee, but this exchange is not popular and not in the top 10 ranking volume. I think this is because many trader does not understand, where the profit come from if they do not take any trading fee. Cobinhood should be make better marketing strategy and explain how their trading paltform work to the public.
hero member
Activity: 1092
Merit: 523
We are making research about free crypto trading platforms.

Can anyone suggest some good exchanges without trading and withdrawal fees?

BTW if there are free crypto exchanges why they are not very popular?


Yes I believe there are some exchanges that charge no fees. But if you’re going to choose such exchangers, the question you should be asking is how do they make money since they don’t charge fees from users? Some exchangers like that do end up as a scam, that’s why it is good to make proper research about them so you don’t just end up losing your hard earned money.
full member
Activity: 268
Merit: 100
There are no exchange platforms without fees. They have to collect in order to have profit with their activities. Moreover, if they do not have the money from traders, how can they upgrade the platform and increase the security level? Fee is really low. Most of them are under 0.5%. Therefore, it is not annoying in paying fee. It is a way to contribute the platform
jr. member
Activity: 47
Merit: 4
Fees is the irrelevant when you want to sell the coin one or two but you have to expect the fees also a matter while you are going to trade the coins as a main job or doing day trade mate. I see the people looking into the very cheap fee having exchanges only when they want to invest on it. Example, you can see the bitrex, binance and bitfinix. Then coin has been listed on one exchange with the multiple coins means that ICO projects are very much useful one bro.

Wow very interesting point of view, so small fees can attract investors? Are you trader/investor? If yes, where do you usually trade/buy?
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