Topic: trade without fees? (Read 298 times)

Yup, they still do. You can check out each step of getting through a coupon for a free trade

https://www.bitget.com/events/rewards

Trading without fees is always temporary on all exchanges. When Bitget was offering it, there was a deadline for that. Although, they might still have it which I don't know.. But what I do know they have now is Smart portfolio bot that automatically trade paired coins for you for free.

There will definitely be benefits behind the promotions given and see how the Exchange is doing even if they provide cheap fees or even free fees.
Of course, there will be conditions to be able to get free fees or discounted trading fees and there may be some events as well so that trading fees can be free.
The more users who register and enter the trade, the more profit the Exchange will get.

Indeed, the amount of fees looks very small for one transaction, but try to add up how many transactions are made for each trader and all users make active trades, this will be a growing profit and can provide more returns than promos made.

Below are some Spot and Futures trading fee comparisons for the top Exchanges.

I will recommend you two exchanges that I used the most,  one is Mexc,  in which trading fee is zero in the spot trading and also if you are doing future trading it will cost you a very low fee. The using of Mexc Exchange is very smooth and easy to understand,  its a better choice for the beginners who are new at trading. You can trade their without any fee.

The 2nd Exchange which I used with almost zero trading fee is Bybit. Which is quite amazing,  I see mostly the best coins listed there and also it ranks 5th according to the volume. You should use it as a 2nd option. I would prefer you these two but the first one(Mexc) is quite amazing to use and easy for beginners. And also I would like to ask you,  your trading budget. If you have a decent trading budget then Bybit would be better in some aspects.

Advertisements of various exchanges advertise that a trader can trade without trading fees by trading on their exchange. This is done only to attract a trader but to actually trade a small amount of trading fee is deducted which we may not understand. If you trade with $100 and gain a few dollars, you may have a small amount of dollars deducted from your profit share, which a trader may not realize unless they take a lot of notice. No company will provide you service without profit, whether you have profit or loss, trading companies will take certain amount of interest from you. We shouldn't worry too much about the amount of trading fee that is deducted because that amount is very small.

Still now many people’s doing thire trade with zero fees and always waiting for best opportunity from exchange facilities when get the opportunity some coin trading with zero fees it’s really happy moments and some time some coins/tokens need to trade than fees is including also.

Although every business operating as an exchange in financial markets earns it's income through various methods. The biggest sources of income are generally obtained from transaction commissions. For this reason, it is unlikely that any cryptocurrency exchange will allow commission-free transactions. Of course, many popular cryptocurrency exchanges provide the opportunity to carry out commission-free transactions with certain campaigns and events in some periods but it shouldn't be forgotten that this is applied for a certain period.

In addition, there is also the fact that cryptocurrency exchanges gain users based on the principle of reliability and for this reason many traders prefer the exchange they will use accordingly. In other words, if an exchange allows transactions with zero commission but doesn't have sufficient transaction volume in transaction parities, it will cause serious problems. Especially in leveraged transactions if you choose an exchange with a low transaction volume just to avoid paying commissions it is very likely that your positions will be closed easily as the transaction parities will be manipulated more easily.

Finally, it would definitely be very risky to entrust your capital to a cryptocurrency exchange that is not preferred by users just to make commission-free transactions.

Do not mind those that says Binance has free fee for spot market, if they include link you can go through what is on the link and see what I am talking about. I am using Binance and I do not trade freely on Binance since many months ago. Another exchange I think has the free trade is MEXC, but I do not know if that is still correct as of now. Although Binance has one of the lowest trading fee.

Yeah I am the one who got screwed by buying that FTT token which got me 0 fees for limit orders. It was great because the fees would of added up and the 20 FTT which I had to buy was maybe $20 at the time. So if you traded a lot and used limit orders it was worth it.

However we all learnt that in the end the loss was greater because the FTT are useless along with any funds kept on the exchange.

And this is how business works, they might be having pairs that having zero fees but just like been said that those things would really be just that temporal.   Business is business and there's no such thing to be like forever and this is why there would really be trading pairs on which it would really be just that having those zero maker/taker fees and it is really that something useful in speaking about taking advantage and make most of your trading journey but expect that it would be changed later on and that would really be entirely be depending on them. If you do find yourself that getting comfortable on the current exchange that you are dealing with
then it is really just that depending into your preference. Speaking about those platforms then it wouldnt be necessary for me to say up on the same thing or names on which it had been mentioned by other
members on early page or replies which i would really be definitely be suggesting or telling on the same thing.

Ahh, these SS really hurt dear, Please consider the proper size format while posting any images, as your rank is quite high so I'm sure you are aware of a good posting format. Your screenshots are really disturbing at least for the Smartphone users... I know your intention is to share something good but please also consider our concerns as well.

For Op I would like to say mostly information is covered now as long as this topic will remain open there will be most the of recurrent posts, So Op better to choose a platofr which is reliable for you from the above data. Best of luck with trading.

Who stated there is an exchange that does not charge a withdrawal fee? That was not something I said. Binance is a trustworthy exchange; yet, we cannot compare it to other exchanges because they are not on the same level. In my opinion, the reason they don't have 0% trading fees in legitimate and established pairs is that they no longer require it. If they continue to charge no trading fees, they will lose potential revenue. As I previously stated, if you simply want to trade spot with no trading fees and prefer to use the most trusted exchange, I recommend using Binance's "convert" feature because it is still the same as spot trading.

Commission fees are one of the revenue items of both exchanges and miners. Therefore, trading without commission is a temporary marketing move, nothing more, to attract new traders. Of course, we would like this world to be more perfect, but it is impossible. Earnings come first here

You have to understand that an exchange was created in the first place to make money, so you looking for where to evade fees or charges isn't proper, but sourcing the cheapest is the wise thing to do.
Network speed is also a determinant to charges because various coins use different network under Blockchain to facilitate transaction.

Have specific pair with Binance trading without fees right now, but last several years before BUSD pair have delisting on next year all trading coins with BUSD pair without fees and interested for us with small capital for trading without have to pay fee. Right now difficult to get an exchange have feature trade without fees, need looking new opportunity or Binance added their new stable coins pair and make us enjoying trade without have paying fees. Its little help because how many often trader we get benefit few dollar in our wallet as fees trading, but as scalping trade fees seems heavy and every day spent above 10$ until 20$ for fees trading when buying or selling coins.

Here for more details, https://bitcointalksearch.org/topic/--5461920
I have a KYC account on that exchange even though I don't actively trade there because my jurisdiction is one of those restricted (I registered before this new restriction policy). I haven't tried what will happen if I register without KYC but using my local IP, it seems too risky.

I've been using Binance and they're working just fine imo just ignore the FUDs being thrown out at them. I don't have used Bitget and I don't know if they are that legit imo. I think what you should take into account is if it's a liquid exchange, fast, and has lot of features to use for. Would see lot of comments to recommend Bybit as well.

I am not sure if those exchanges provide zero trading fees for using the convert option or not, but i have tried to use it one time but the spread was higher. Selling my assets in the spot market would have given me a better return than exchanging them using the convert option. Perhaps that was a real case but after that i have never tried to use those features.

That bybit offers is true. They are offering 0 fees for all the usdc pair. They are doing some promotion based on USDC.

On MEXC the commission seems to be quite small. I don’t trade there myself, but I’ve heard about it. Perhaps there is even no KYC, but this needs to be clarified. I would not trade without KYC because it is not secure. On binance I know there are some pairs for which they do not charge a commission
I know that there are other exchanges where there is no commission, but you need to look for it. I don't think it will be hard to find

Do you think there's a reputable centralized exchange will not charge withdrawal fee? all of them will charge and not every exchanges will offer zero trading fee, which mean it's way more cheaper.

Personally I'd recommend to use Bybit because they have better liquidity and USDC pair. Binance are only offer shitcoins pair in their zero trading fees.

Bybit withdrawal fee is small too, they only charge 1 USDC https://coinmarketfees.com/exchange/bybit