It is time to adjust the fee! | Bitcointalksearch.org

Nrcewker

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Quote from: Nawaytes on August 11, 2014, 12:48:05 PM

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

Nawaytes

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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.

joeventyra

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Quote from: Hiraga on August 09, 2014, 06:56:46 AM

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.

PrimevalLeviathan

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i agree with u！

Hiraga

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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.

Inotanewbie

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www.CloudThink.IO

Quote from: rohnearner on August 07, 2014, 05:41:01 AM

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.

rohnearner

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REAL-EYES || REAL-IZE || REAL-LIES||

Quote from: Jamacn on August 07, 2014, 10:43:06 PM

Perfect Money on BTC-e is not real lower, fee 7% is very very high!

Quote from: rohnearner on August 07, 2014, 05:41:01 AM

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.

Shen yingying

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As long as I think the exchange makes big profits ..

Jamacn

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Perfect Money on BTC-e is not real lower, fee 7% is very very high!

Quote from: rohnearner on August 07, 2014, 05:41:01 AM

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.

rohnearner

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Activity: 350

Merit: 252

REAL-EYES || REAL-IZE || REAL-LIES||

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.

GreenCoin22

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From the date of your posting has two weeks later, why has not yet appeared.

titulng

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HubrisOne

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

blumangroup

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'Slow and steady wins the race'

Quote from: ArbatDeli on July 24, 2014, 05:47:28 PM

Quote from: jjc326 on July 24, 2014, 05:07:35 PM

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.

bounst

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bitpay also prepared to adjust the fee:
http://blog.bitpay.com/2014/07/29/bitpay-s-new-plan-free-unlimited-forever.html

tinof

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Fee is already low compare to a year ago.

Mieehayii

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If they want to adjust, then on a little faster, I can not wait for any more

Fioraver

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Gamblica Pre-Sale launch 01.03.2018!

These exchange fee rates have not been adjusted for now?

nwfella

legendary

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Well hello there!

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.

Pkuwag

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Quote from: madken7777 on July 25, 2014, 08:31:47 AM

Quote from: Nrcewker on July 24, 2014, 04:59:28 AM

Quote from: libivan on July 24, 2014, 04:41:23 AM

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.

madken7777

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Quote from: Nrcewker on July 24, 2014, 04:59:28 AM

Quote from: libivan on July 24, 2014, 04:41:23 AM

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.

raganius

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Activity: 308

Merit: 250

Quote from: fonenumba on July 24, 2014, 06:57:53 PM

Quote from: ArbatDeli on July 24, 2014, 05:47:28 PM

Quote from: jjc326 on July 24, 2014, 05:07:35 PM

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)

BTCjust

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Quote from: ArbatDeli on July 24, 2014, 04:08:11 PM

Why would exchanges roll out changes at a similar time?

since

Quote

chinese exchange is coming

fonenumba

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Quote from: ArbatDeli on July 24, 2014, 05:47:28 PM

Quote from: jjc326 on July 24, 2014, 05:07:35 PM

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)

ArbatDeli

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Activity: 154

Merit: 100

Quote from: jjc326 on July 24, 2014, 05:07:35 PM

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

jjc326

hero member

Activity: 700

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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?

ArbatDeli

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Why would exchanges roll out changes at a similar time?

raganius

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Merit: 250

Quote from: Nrcewker on July 24, 2014, 04:59:28 AM

Quote from: libivan on July 24, 2014, 04:41:23 AM

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.

Nrcewker

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Quote from: libivan on July 24, 2014, 04:41:23 AM

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

libivan

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Activity: 210

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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.

desticy

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www.cd3d.app

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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the most of exchanges fee and reviews can be saw here: https://bitcointalksearch.org/topic/bitcoin-exchange-reviews-collection-the-most-complete-695082

Topic: It is time to adjust the fee! (Read 2309 times)