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Topic: It is time to adjust the fee! (Read 2322 times)

copper member
Activity: 2268
Merit: 539
LuckyDiamond.io - FLAT 50% Deposit Bonus!
August 11, 2014, 11:12:01 PM
#30
each exchanger must be profitable, whatever the fee that they use.
because every day there are thousands of transactions.
so they are not going to make the trader away from their exchanger by applying high fee.

but Kraken making their fee higher  Angry
sr. member
Activity: 476
Merit: 255
August 11, 2014, 11:48:05 AM
#29
each exchanger must be profitable, whatever the fee that they use.
because every day there are thousands of transactions.
so they are not going to make the trader away from their exchanger by applying high fee.
member
Activity: 81
Merit: 10
August 09, 2014, 10:06:42 AM
#28
Everything should be free, everyone should give and it should be an honor to serve others for free. I vote: no more fee's, no more fee's.

Everything free is a nice idea but it's not applicable anytime soon unfortunately.
newbie
Activity: 17
Merit: 0
August 09, 2014, 08:05:45 AM
#27
i agree with u!
full member
Activity: 178
Merit: 100
August 09, 2014, 05:56:46 AM
#26
Everything should be free, everyone should give and it should be an honor to serve others for free. I vote: no more fee's, no more fee's.
sr. member
Activity: 252
Merit: 250
www.CloudThink.IO
August 09, 2014, 05:47:00 AM
#25
BTC-e has recently cut down their withdraw fees to Perfect money to 0% and USD deposit through Perfect money is now 7% which was at 3% before, also they have removed egopay from the deposit list but you can still withdraw to egopay with 0% fee.
 Can't understand where they are heading with all this.
What are the costs associated with sending perfect money? Is it something that is very time intensive? I think 7% is a little excessive.
sr. member
Activity: 350
Merit: 252
REAL-EYES || REAL-IZE || REAL-LIES||
August 08, 2014, 02:23:19 PM
#24
Perfect Money on BTC-e is not real lower, fee 7% is very very high!
BTC-e has recently cut down their withdraw fees to Perfect money to 0% and USD deposit through Perfect money is now 7% which was at 3% before, also they have removed egopay from the deposit list but you can still withdraw to egopay with 0% fee.
 Can't understand where they are heading with all this.
I never said its on lower side now..! before the 7% deposit fee there was 3% deposit fee and 1.5% withdrawal fee to perfect money in total 3%+1.5%=4.5% fee which is for sure 2.5% lower than what its now.
member
Activity: 84
Merit: 10
August 08, 2014, 08:13:14 AM
#23
As long as I think  the exchange makes big profits ..
full member
Activity: 236
Merit: 100
August 07, 2014, 09:43:06 PM
#22
Perfect Money on BTC-e is not real lower, fee 7% is very very high!
BTC-e has recently cut down their withdraw fees to Perfect money to 0% and USD deposit through Perfect money is now 7% which was at 3% before, also they have removed egopay from the deposit list but you can still withdraw to egopay with 0% fee.
 Can't understand where they are heading with all this.
sr. member
Activity: 350
Merit: 252
REAL-EYES || REAL-IZE || REAL-LIES||
August 07, 2014, 04:41:01 AM
#21
BTC-e has recently cut down their withdraw fees to Perfect money to 0% and USD deposit through Perfect money is now 7% which was at 3% before, also they have removed egopay from the deposit list but you can still withdraw to egopay with 0% fee.
 Can't understand where they are heading with all this.
hero member
Activity: 547
Merit: 500
August 07, 2014, 02:47:17 AM
#20
From the date of your posting has two weeks later, why has not yet appeared.
sr. member
Activity: 484
Merit: 250
HubrisOne
August 04, 2014, 10:07:03 PM
#19
Many non-mainstream exchanges had started to adjust the fee, you can see the discussion on reddit.com/r/BitcoinMarkets.

but the big four bitcoin exchange, bitstamp, btc-e, bitfinex, lakebtc, no action now
sr. member
Activity: 350
Merit: 250
'Slow and steady wins the race'
August 02, 2014, 03:18:33 PM
#18
With a free market, you would think exchanges would always be lowering fees to try to get more customers.  It might take time but it should happen.  We just need more trustworthy exchanges, that's what I think is missing.  Why can't these exchanges get their acts together at the rates they are charging?

Too bad the western exchanges didn't take one out of China's book and give us 0% fees for some time. Undecided
The Chinese exchanges have to make money some how. If they are not charging customers a fee then they are either trading against them (with inside information), somehow enlarging the bid/ask spread, or simply taking part of customers' deposits. Regardless of what they are doing they are making money in a much less transparent way then other exchanges.
full member
Activity: 228
Merit: 100
full member
Activity: 343
Merit: 100
July 29, 2014, 01:10:55 AM
#16
Fee is already low compare to a year ago.

hero member
Activity: 490
Merit: 500
July 29, 2014, 12:57:46 AM
#15
If they want to adjust, then on a little faster, I can not wait for any more
full member
Activity: 472
Merit: 100
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July 29, 2014, 12:03:02 AM
#14
These exchange fee rates have not been adjusted for now?
legendary
Activity: 1610
Merit: 1000
Well hello there!
July 28, 2014, 01:52:05 PM
#13
I suspect that exchange competition will ultimately drive per exchange fee's down to near-0 if not 0 at some point in time (in case of 0 obviously they would have to offer other premium trading services)...charting, stop-loss, optimus prime auto-bot, etc.
member
Activity: 87
Merit: 10
July 28, 2014, 04:25:08 AM
#12
As long as the exchange makes enough profits with these new fees to be financially healthy and does not need to run away with my coins, cheaper services are always welcome.

More efficient services always come from a good competition.

chinese exchange is coming, I can't imagine that daily trading volume over 100,000 per exchange for several weeks. More, a vicious competition with 0 fee, and its shady trading will be come.

even we can see "OKCoin Wants to Rule the International Bitcoin Exchange Market" on coindesk

0% fee model in China will keep fee low across all exchanges.

Too bad RMB is still a blocked currency, if not, they will probably kill all competitors out there.

If it were true, bitcoin will be over.
full member
Activity: 182
Merit: 100
July 25, 2014, 07:31:47 AM
#11
As long as the exchange makes enough profits with these new fees to be financially healthy and does not need to run away with my coins, cheaper services are always welcome.

More efficient services always come from a good competition.

chinese exchange is coming, I can't imagine that daily trading volume over 100,000 per exchange for several weeks. More, a vicious competition with 0 fee, and its shady trading will be come.

even we can see "OKCoin Wants to Rule the International Bitcoin Exchange Market" on coindesk

0% fee model in China will keep fee low across all exchanges.

Too bad RMB is still a blocked currency, if not, they will probably kill all competitors out there.
sr. member
Activity: 308
Merit: 250
July 25, 2014, 05:12:14 AM
#10
With a free market, you would think exchanges would always be lowering fees to try to get more customers.  It might take time but it should happen.  We just need more trustworthy exchanges, that's what I think is missing.  Why can't these exchanges get their acts together at the rates they are charging?

Too bad the western exchanges didn't take one out of China's book and give us 0% fees for some time. Undecided
The Chinese exchanges either trade with their own funds, and trade against their clients, or are using customer funds for their own expenses (essentially stealing from customers in small amounts over time)

True...

I do not believe in free services. No one works for free. Two possibilities: dumping or scam (both are not good news, anyway)
sr. member
Activity: 241
Merit: 250
July 25, 2014, 12:23:01 AM
#9
Why would exchanges roll out changes at a similar time?

since
Quote
chinese exchange is coming
full member
Activity: 411
Merit: 100
July 24, 2014, 05:57:53 PM
#8
With a free market, you would think exchanges would always be lowering fees to try to get more customers.  It might take time but it should happen.  We just need more trustworthy exchanges, that's what I think is missing.  Why can't these exchanges get their acts together at the rates they are charging?

Too bad the western exchanges didn't take one out of China's book and give us 0% fees for some time. Undecided
The Chinese exchanges either trade with their own funds, and trade against their clients, or are using customer funds for their own expenses (essentially stealing from customers in small amounts over time)
full member
Activity: 154
Merit: 100
July 24, 2014, 04:47:28 PM
#7
With a free market, you would think exchanges would always be lowering fees to try to get more customers.  It might take time but it should happen.  We just need more trustworthy exchanges, that's what I think is missing.  Why can't these exchanges get their acts together at the rates they are charging?

Too bad the western exchanges didn't take one out of China's book and give us 0% fees for some time. Undecided
hero member
Activity: 700
Merit: 500
July 24, 2014, 04:07:35 PM
#6
With a free market, you would think exchanges would always be lowering fees to try to get more customers.  It might take time but it should happen.  We just need more trustworthy exchanges, that's what I think is missing.  Why can't these exchanges get their acts together at the rates they are charging?
full member
Activity: 154
Merit: 100
July 24, 2014, 03:08:11 PM
#5
Why would exchanges roll out changes at a similar time?
sr. member
Activity: 308
Merit: 250
July 24, 2014, 02:59:02 PM
#4
As long as the exchange makes enough profits with these new fees to be financially healthy and does not need to run away with my coins, cheaper services are always welcome.

More efficient services always come from a good competition.

chinese exchange is coming, I can't imagine that daily trading volume over 100,000 per exchange for several weeks. More, a vicious competition with 0 fee, and its shady trading will be come.

even we can see "OKCoin Wants to Rule the International Bitcoin Exchange Market" on coindesk

A vicious (dumping) competition is never welcome.

Well, I am not a "trader" anyway, so I don't really give much attention to the fees prices: whenever it is possible I tend to give preference to dealing with exchanges from my own country, because in case there are any problems it would be much easier to run for a solution.
copper member
Activity: 2268
Merit: 539
LuckyDiamond.io - FLAT 50% Deposit Bonus!
July 24, 2014, 03:59:28 AM
#3
As long as the exchange makes enough profits with these new fees to be financially healthy and does not need to run away with my coins, cheaper services are always welcome.

More efficient services always come from a good competition.

chinese exchange is coming, I can't imagine that daily trading volume over 100,000 per exchange for several weeks. More, a vicious competition with 0 fee, and its shady trading will be come.

even we can see "OKCoin Wants to Rule the International Bitcoin Exchange Market" on coindesk
full member
Activity: 210
Merit: 100
July 24, 2014, 03:41:23 AM
#2
As long as the exchange makes enough profits with these new fees to be financially healthy and does not need to run away with my coins, cheaper services are always welcome.

More efficient services always come from a good competition.
sr. member
Activity: 1512
Merit: 292
www.cd3d.app
July 24, 2014, 03:10:09 AM
#1
I heard many major exchanges will have a big fee structure adjustments programs recently, include bitstamp, bitfinex, lakebtc.

bitstamp've adjusted the deposit fee; btc-e deposit/withdrawal method are very much, but I have not heard the news about btc-e fee.

this seems to be a huge shock by China Exchange landing, expect a lower fee of each exchange.


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