Trade without fees | Bitcointalksearch.org

stomachgrowls

hero member

Activity: 3010

Merit: 794

Quote from: imstillthebest on February 14, 2020, 11:30:51 AM

Quote from: Krislaw on February 08, 2020, 01:46:02 PM

Never heard of your website before and I'm sure there isn't any exchange out there that would want to try this without setting a ridiculous fee for withdrawal.
And don't think anyone would submit their personal details because of the no-fee offer.

thats it . submiting your personal details is an alternative for paying , thats why they dont charge any fee anymore but its still shady . what they will be doing to our details . maybe they are also selling it so that they can earn a profit too . based on what i read on the first page , he said that only trading fee is free for other coins except for that one pair mention on the op , whats with that coin and why we need to for that but other known coins are free of charge . also i think the withdrawal still has a fees .

Theres no other reason for us to point out on what would they gonna do with our details.Having no fee is already shady in the first place, its only good for limited offer
but for permanent basis? then its not sustainable yet we know that exchange platforms are business and they do make out profit on charging fees.So thats it.

Its even down.

imstillthebest

full member

Activity: 1638

Merit: 122

Quote from: Krislaw on February 08, 2020, 01:46:02 PM

Never heard of your website before and I'm sure there isn't any exchange out there that would want to try this without setting a ridiculous fee for withdrawal.
And don't think anyone would submit their personal details because of the no-fee offer.

thats it . submiting your personal details is an alternative for paying , thats why they dont charge any fee anymore but its still shady . what they will be doing to our details . maybe they are also selling it so that they can earn a profit too . based on what i read on the first page , he said that only trading fee is free for other coins except for that one pair mention on the op , whats with that coin and why we need to for that but other known coins are free of charge . also i think the withdrawal still has a fees .

Krislaw

sr. member

Activity: 1204

Merit: 388

Never heard of your website before and I'm sure there isn't any exchange out there that would want to try this without setting a ridiculous fee for withdrawal.
And don't think anyone would submit their personal details because of the no-fee offer.

passwordnow

hero member

Activity: 3136

Merit: 591

Leading Crypto Sports Betting & Casino Platform

Ok, no fees but the condition.
"Level 1 needs to become Level 2" base on the condition from your website.
This is like you are ok without having a fee but in exchange of the KYC and photo + documents of your users.

b2u01

member

Activity: 98

Merit: 15

Quote from: exstasie on February 06, 2020, 03:22:48 PM

Quote from: Chrystora123 on February 05, 2020, 01:28:12 PM

no fee!! are you not afraid this will endanger your business?? As far as I know, the No Fee exchange is Cobinhood but eventually, Cobinhood closes their exchange because it is unable to survive. I hope you are lucky with this step of your business..

It seems like their primary model is charging fees on BRL transactions. They are aimed at Brazilians who need a fiat gateway. 1.89% + a flat fee sounds quite profitable, plus they also charge fees on the BTC/BRL pair.

The commission-free trading on other pairs is probably just to attract liquidity to their platform.

We earn fees as a fiat gateway to brazilian users and pair btc/brl

Others pairs has no fee to trade.

I will ask our team to fix the translation problem.

I got here what I was expecting, feed back.

Thank you every body that help us.

squatz1

legendary

Activity: 1666

Merit: 1285

Flying Hellfish is a Commie

Quote from: bitmover on February 05, 2020, 02:29:12 PM

Nothing can survive for free forever.
Eventually it will charge you, or even it may be already charging very high deposit / withdrawal fees.

Imo it is better to look for a more trusted and established exchange, that charge fees compatible with the market and provides a good service.

+1 to this.

The business could be surviving on selective scamming people or selling users information for chainanalysis or something along those lines.

I'd guess that they're probably just surviving off having a good amount of withdrawl / deposit fees. But if their claims are truthful about only charging for BRL -- they literally just need the coins for liquidity as they probably don't have much on the platform.

exstasie

legendary

Activity: 1806

Merit: 1521

Quote from: Chrystora123 on February 05, 2020, 01:28:12 PM

no fee!! are you not afraid this will endanger your business?? As far as I know, the No Fee exchange is Cobinhood but eventually, Cobinhood closes their exchange because it is unable to survive. I hope you are lucky with this step of your business..

It seems like their primary model is charging fees on BRL transactions. They are aimed at Brazilians who need a fiat gateway. 1.89% + a flat fee sounds quite profitable, plus they also charge fees on the BTC/BRL pair.

The commission-free trading on other pairs is probably just to attract liquidity to their platform.

Harlot

hero member

Activity: 1806

Merit: 672

A crypto exchange fooling people that they have zero fees? Yet the truth is the only thing that they aren't earning a commission on is from deposits to fund their account which I don't think any crypto exchange do. No crypto exchange will be charging their customers just to fund their account so I really don't get why you are trying to promote that you have zero fees. You charge them with market orders for both makers and takers and you will also be charging them for their withdrawals. For anyone reading this false advertisement for their site is already enough to see that they can't be trusted not even with your KYC since they are already misleading you with their fake charges.

FanEagle

legendary

Activity: 2884

Merit: 1117

Quote from: elmanchez on February 05, 2020, 08:25:59 PM

How can you insist on your business if it is not even translated into English? And the entire lower part of the site is not available in English.
I couldn’t even understand anything from this https://www.bitcointoyou.com/politica-de-privacidade.pdf

How do I deposit money where I don’t understand anything?
My advice to you! First, take care of the health of your site and then put it on display for people.

[im g]https://i.ibb.co/rGqM6Gn/image.png[/img]

100% true. The platform is not fully functional yet and that is what makes this platform inconsiderable. Developers should try to minimize the mistakes such as page translation, uploading pdf in several languages, etc which could generate some traffic onto the platform. Trading without fees would be something which might give immense benefits as much of the traders who like to trade with smaller amounts usually loose most of their earning into fees.

This should be minimized and any platform with no fees could generate a decent amount of traffic but most of such platforms might end up being scam because there is no earning option left for the platform if they decide to start trading without any fees.

bitmover

legendary

Activity: 2352

Merit: 6089

bitcoindata.science

Quote from: b2u01 on February 05, 2020, 07:41:50 AM

Hi

Bitcointoyou exchange created in 2013 and have thousand of customers, now have listed another cryptocurrencies, not only Bitcoin. So only BTC/BRL have fees, all other pairs does not have fees to trade.

Tether USDT
Litecoin
Ethereum
Bitcoin
USD Coin

The website is www.bitcointoyou.com

Hello

I am from brazil as well.
I believe the proper way to advertise your exchange here in bitcointalk is through an ANN thread (announcement)

For that you should hire a professional campaign manager. There are some in the Portuguese board, and they will make images and the proper advertise for your company.

I know your exchange and it has a good reputation here in Brazil. I didnt know it was the same exchange, because your topic here is in English.

redsun114

hero member

Activity: 2730

Merit: 585

Leading Crypto Sports Betting & Casino Platform

Quote from: b2u01 on February 05, 2020, 05:56:58 PM

Quote from: Chrystora123 on February 05, 2020, 01:28:12 PM

no fee!! are you not afraid this will endanger your business?? As far as I know, the No Fee exchange is Cobinhood but eventually, Cobinhood closes their exchange because it is unable to survive. I hope you are lucky with this step of your business..

We charge fees only on nehoyiations on pair BTC_BRLC and withdrawn fiat BRL

How many Brazilian traders are you successful to get on your platform which would pay the fees to withdraw their funds in BRL currency only? I am sure you would get minimum of such traders but maximum traders who would trade with other coins which have no fees and this would end up your exchange in loss.

You would not even get any profits for the maintenance of your platform and hence it might be good for you to drop the idea or find an alternative to start earning some income from the platform. You can probably not add any advertisements onto the platforms to generate a stream of revenue because it would be something which the traders would seriously hate and perhaps not even turn back again to your exchange.

erikalui

legendary

Activity: 2632

Merit: 1094

Quote from: Ridwan Fauzi on February 06, 2020, 07:21:18 AM

Need several times to reach the website especially through incognito, I'll be carefull to see everything although there is someone who say that the site has been running for a long time.

When I saw the dashbord of the site, trade with zero fee will be active until x date, what that does mean? It means the site will charge the user again? Or it is just promotion to attract many people here?

Yeah, had to verify catcha 2-3 times due to Cloudfare restrictions and still the website doesn't look fully functional as some pages are missing and not translated in English.

Ridwan Fauzi

full member

Activity: 1330

Merit: 147

Need several times to reach the website especially through incognito, I'll be carefull to see everything although there is someone who say that the site has been running for a long time.

When I saw the dashbord of the site, trade with zero fee will be active until x date, what that does mean? It means the site will charge the user again? Or it is just promotion to attract many people here?

erikalui

legendary

Activity: 2632

Merit: 1094

On clicking the Fees tab from the bottom of the page, this is what I got: http://prntscr.com/qydmm0 (link is broken)

And plus all the pages are not in English. After clicking the English tab, the page is still in another language: http://prntscr.com/qydo2m

b2u01

member

Activity: 98

Merit: 15

Quote from: elmanchez on February 05, 2020, 08:25:59 PM

How can you insist on your business if it is not even translated into English? And the entire lower part of the site is not available in English.
I couldn’t even understand anything from this https://www.bitcointoyou.com/politica-de-privacidade.pdf

How do I deposit money where I don’t understand anything?
My advice to you! First, take care of the health of your site and then put it on display for people.

You need to click on the flag of US to show at english

elmanchez

full member

Activity: 322

Merit: 143

away

How can you insist on your business if it is not even translated into English? And the entire lower part of the site is not available in English.
I couldn’t even understand anything from this https://www.bitcointoyou.com/politica-de-privacidade.pdf

How do I deposit money where I don’t understand anything?
My advice to you! First, take care of the health of your site and then put it on display for people.

b2u01

member

Activity: 98

Merit: 15

Quote from: bitmover on February 05, 2020, 02:29:12 PM

Nothing can survive for free forever.
Eventually it will charge you, or even it may be already charging very high deposit / withdrawal fees.

Imo it is better to look for a more trusted and established exchange, that charge fees compatible with the market and provides a good service.

You can check, we are on the market a long time ago

we charge negotiations in btc_brlc

b2u01

member

Activity: 98

Merit: 15

Quote from: Chrystora123 on February 05, 2020, 01:28:12 PM

no fee!! are you not afraid this will endanger your business?? As far as I know, the No Fee exchange is Cobinhood but eventually, Cobinhood closes their exchange because it is unable to survive. I hope you are lucky with this step of your business..

We charge fees only on nehoyiations on pair BTC_BRLC and withdrawn fiat BRL

bitmover

legendary

Activity: 2352

Merit: 6089

bitcoindata.science

Nothing can survive for free forever.
Eventually it will charge you, or even it may be already charging very high deposit / withdrawal fees.

Imo it is better to look for a more trusted and established exchange, that charge fees compatible with the market and provides a good service.

Chrystora123

full member

Activity: 1414

Merit: 228

Omicron is another FUD

no fee!! are you not afraid this will endanger your business?? As far as I know, the No Fee exchange is Cobinhood but eventually, Cobinhood closes their exchange because it is unable to survive. I hope you are lucky with this step of your business..

Topic: Trade without fees (Read 309 times)