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Topic: Trade sites that do not fee? - page 2. (Read 3398 times)

sr. member
Activity: 658
Merit: 251
February 18, 2017, 06:17:06 AM
#49
Most of the sites are charging fees for transaction without it site won't run for long they have expenses too to cover it.
legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
February 18, 2017, 06:14:09 AM
#48
They were not free til now, They were just getting their money by increasing and decreasing the rate of Buy and sell. Now they can't do that openly so they started taking fees. They have to take fees to let their company run properly. Every exchange charges as the value of Bitcoin and popularity is high now.
hero member
Activity: 518
Merit: 500
February 18, 2017, 06:09:41 AM
#47
Bitcoin.co.id has chance for trading with zero fees if we trade bitcoin to fiat (IDR) maker order
and never taker order on there is mean free fees,
there are altcoins be traded on there all of trading altcoins are free there are not fees
although we become taker or maker order.

No I don't think there are such sites who operates trading platform that does not collect fees. If so, I think you have to stay away and don't invest your coins there because it is likely a scam.

They should collect fees to make their service at best. It is usually 0.2% or 0.02% every transaction. It is to maintain their good service and other manitenance for that site. It is reasonable because that was not that large fee compared to the profit you are making in trading.
Actually trading on bitcoin.co.id is not free fees, but we have chance for getting free fees,
if we trade with maker order and not taker, but on altcoins trading is free fees,
bitcoin.co.id is not scam website almost all of users bitcoin on Indonesia trading on there.
For the detail about the fees you can check on there https://help.bitcoin.co.id/
hero member
Activity: 728
Merit: 501
CryptoTalk.Org - Get Paid for every Post!
February 18, 2017, 03:06:16 AM
#46
Bitcoin.co.id has chance for trading with zero fees if we trade bitcoin to fiat (IDR) maker order
and never taker order on there is mean free fees,
there are altcoins be traded on there all of trading altcoins are free there are not fees
although we become taker or maker order.

No I don't think there are such sites who operates trading platform that does not collect fees. If so, I think you have to stay away and don't invest your coins there because it is likely a scam.

They should collect fees to make their service at best. It is usually 0.2% or 0.02% every transaction. It is to maintain their good service and other manitenance for that site. It is reasonable because that was not that large fee compared to the profit you are making in trading.
hero member
Activity: 518
Merit: 500
February 18, 2017, 02:02:28 AM
#45
Bitcoin.co.id has chance for trading with zero fees if we trade bitcoin to fiat (IDR) maker order
and never taker order on there is mean free fees,
there are altcoins be traded on there all of trading altcoins are free there are not fees
although we become taker or maker order.
legendary
Activity: 3234
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
February 17, 2017, 06:16:57 AM
#44
I have used several exchanges for trading and they all have charged fees. They need to collect fees to make their profits and to run the website and provide security.
But have late to used the Chinese exchange before PBOC has done a survey for those exchange site. and most of them are not having the charge fees.
hero member
Activity: 850
Merit: 504
February 16, 2017, 08:44:30 PM
#43
I never encountered a trade site that doesn't charge a fee, the fee is the one that makes the site alive, so if the site doesn't charge fee then their option will earn from ads which is really bad for a trading sites, that is why all of the site i trade charge fee

Same here because this percentage fee  is the sites commission. That is the way they earn their income and also the charged the devs for their coin to be listed.This fees goes to sites maintenance,salary for staff and so forth. In addition theses exchages is also an investment and owners must also gained from it.
hero member
Activity: 840
Merit: 501
February 16, 2017, 07:52:28 AM
#42
I never encountered a trade site that doesn't charge a fee, the fee is the one that makes the site alive, so if the site doesn't charge fee then their option will earn from ads which is really bad for a trading sites, that is why all of the site i trade charge fee
sr. member
Activity: 322
Merit: 250
February 16, 2017, 07:30:31 AM
#41
As far as I know, Chinese trading sites did not charge a transaction fee. They have recently begun to charge transaction fees.
Are there any trade sites that do not charge a transaction fee?
According to Me There is no Website that Provide Trading without Fees Because if the Trading Websites Don't Take Fees then the Websites are not able to Run for a Long time Because the Main Source of the Income for the Trading Website Owners are the Fees they are Charging........
hero member
Activity: 1148
Merit: 504
February 14, 2017, 11:10:26 AM
#40
They need to have fee of some sort in order to survive the cost of maintaining a trading website. If there is not fee and it is not P2P, beware, it might suddenly close one day and runaway with your funds. Most trading sites collect very small fees anyway that you almost do not notice them at all.
hero member
Activity: 854
Merit: 500
February 14, 2017, 10:56:35 AM
#39
Standard fee of any trading platform is 0.20% and some may offer lower than that according to trading volume you have with them. Chinese exchanges used to have 0% fee to pump their trading volume before but after PBOC investigation they have also started taking standard trading fee, so i am quite sure there is no any single exchanger which offer 0% trading fee.
hero member
Activity: 924
Merit: 500
February 13, 2017, 11:30:52 PM
#38
As far as I know, Chinese trading sites did not charge a transaction fee. They have recently begun to charge transaction fees.
Are there any trade sites that do not charge a transaction fee?
I don't think that theres an free trading sites all trading websites has a fee to support their needs to stay alive the websites What kind of website is that scam website that will disappered after all investors deposit big amounts.
hero member
Activity: 1008
Merit: 510
February 13, 2017, 11:18:04 PM
#37
I have used several exchanges for trading and they all have charged fees. They need to collect fees to make their profits and to run the website and provide security.
sr. member
Activity: 840
Merit: 254
February 13, 2017, 02:45:45 PM
#36
As far as I know, Chinese trading sites did not charge a transaction fee. They have recently begun to charge transaction fees.
Are there any trade sites that do not charge a transaction fee?
It is difficult to believe there is going to be an exchange that lets you use their platform without a cost since they are a business and they have to make earning somehow, so instead of looking an exchange like that look for a reputed exchanger.
legendary
Activity: 1120
Merit: 1008
CryptoTalk.Org - Get Paid for every Post!
February 13, 2017, 02:25:06 PM
#35
No there are no any exchanger with 0% fee on trading, to run any trading platform it will require a lot of resources and fund, without trading fee there is no any source of income for them. So if you see some platform that promote themselves as trading platform with no any trading fee than better be careful about them, either they will run away or will have many hidden fees inside.  
legendary
Activity: 2926
Merit: 1131
February 13, 2017, 01:31:28 PM
#34
I understand that there is no trading site that does not charge a transaction fee.
By the way, I mean "trade fee" with "transaction fee".

Is there a table showing the amount of "trade fees" on the trading sites?
Is there a site that showing the amount of trade fees from small to large?
https://exchangewar.info/
full member
Activity: 121
Merit: 100
February 13, 2017, 10:16:49 AM
#33
I understand that there is no trading site that does not charge a transaction fee.
By the way, I mean "trade fee" with "transaction fee".

Is there a table showing the amount of "trade fees" on the trading sites?
Is there a site that showing the amount of trade fees from small to large?
copper member
Activity: 1722
Merit: 1004
PredX - AI-Powered Prediction Market
February 12, 2017, 02:28:43 PM
#32
As far as I know, Chinese trading sites did not charge a transaction fee. They have recently begun to charge transaction fees.
Are there any trade sites that do not charge a transaction fee?

There is no single trade site which did not charge a transaction fee, because if they don't charge fee then how will they earn money? And i guess transaction fee is not that much high and i think you shouldn't be afraid of transaction fee. May be these chinese trading sites promote their sites that's why they didn't charge any fee for transaction.           
hero member
Activity: 2786
Merit: 902
yesssir! 🫡
February 12, 2017, 02:11:47 PM
#31
Honestly, this is the first time that I heard a exchanger that doesn't charge a fee. The reason for this is either the site just wants

to spread awareness or they are just plainly good people which is hard to believe. The fees from its users are the ones that keeps

it running. Same reason I could think of on why the said site in OP charged a fee.
legendary
Activity: 2926
Merit: 1131
February 12, 2017, 11:27:24 AM
#30
I'm always fascinated from english threads Cheesy

Everybody only posts his own opinion without reading any of the previous comments (which would show that there is an exchange without trading fee and also explanation how they can still profit):

As far as I know, Chinese trading sites did not charge a transaction fee. They have recently begun to charge transaction fees.
Are there any trade sites that do not charge a transaction fee?
A transaction is moving funds in or out of an exchange. So I doubt you mean "transaction fee", I guess you mean "trading fees" ?

If so, then you can try "www.coinfloor.co.uk/". They recently changed strategy to charge high fee on fiat transactions, while trading fee is 0.
So if you deposit/withdraw USD or EUR, you pay ~ 0.38% fee, but trading back and forth is free of charge.
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