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Topic: trade without fees? - page 2. (Read 297 times)

sr. member
Activity: 1316
Merit: 356
September 30, 2023, 08:17:21 AM
#17
Since there are exchanges provide 0% trading fees, this will only be available for a limited time because trading fees are one of the exchanges' primary sources of revenue. I believe it was created to attract new users as well as users from other exchanges to use their service.

However, it's not efficient if you just keep transferring your funds to exchanges that offer zero trading fees because you still have to pay the withdrawal fee, besides the risk is higher if you do it because not all exchanges are as safe as Binance. So if you want for a zero fee and why not to try for their "convert" feature in Binance.
hero member
Activity: 826
Merit: 583
September 30, 2023, 07:52:13 AM
#16
Is there any exchange that offers spot trading without fees at the moment?

On the Binance exchange, you can see that certain spot trading pairs have 0 fees. on the Bybit exchange, there also seem to be 0 fees. but I rarely trade there. I'm on Binance more often.
It seems like there have been quite a lot of suggestions from other members. and I hope OP can first look at the terms of each exchange regarding 0 fees on their spot trades. because each exchange may have different terms and conditions. such as certain types of trading or coins which cover 0 fees.
hero member
Activity: 980
Merit: 947
September 30, 2023, 06:39:46 AM
#15
Is there any exchange that offers spot trading without fees at the moment? is bitget still offering it? and if so, what should I take into account when trading? liquidity issues etc?
Any other options?
Perhaps you should think not about looking for exchanges that do not have trading fees, but those that do not have the necessary verification for trading. Because your personal data should be more valuable than any feeses, and first of all, you should take care of your confidentiality. Exchanges may cooperate with regulators or governments, Binance does not even hide this, think about who can access this information.
legendary
Activity: 2296
Merit: 2721
September 30, 2023, 06:18:34 AM
#14
And not only that — using a certain exchange just because of fee-free trades also risks you using an exchange that's a lot less reputable. I know Binance is in a very weird place right now in terms of regulation and reputation, but if I were to use a centralized exchange, it would still be Binance.
Interesting detailing, thank you!
Regarding the regulations, it has already become very difficult, especially in Europe. Exchanges like Bitpanda usually require detailed proof of origin when depositing coins. If these coins come from "dubious", unregulated exchanges or DEX, there can be problems to prove the "clean" origin of the coins.

I am curious in which direction the regulatory frenzy in America and the rest of the world will go. Europe has basically created a very good and fair framework with MiCa, but the strict regulation of the exchanges and the necessity of proof of origin will still bring a rude awakening for many ...
hero member
Activity: 1666
Merit: 453
September 30, 2023, 04:28:06 AM
#13
Hello, what options are there at the moment to trade without fees?

I saw a video some time ago that talked about an exchange (maybe it was quantfury) that offered trading without commissions? has anyone used this exchange?

Is there any exchange that offers spot trading without fees at the moment? is bitget still offering it? and if so, what should I take into account when trading? liquidity issues etc?
Any other options?


I think the big exchanges in the crypto industry, like Binance, Bybit, Mexc, and Gate.io,
provide services with zero fees when you perform trading activity on their platform. Or maybe it depends on the trading pair that you will use.
Quote
Also, try to do your own research about what you are looking for, dude, if you are having second thoughts
about what you are given here about what you want to know.

Source: https://www.hedgewithcrypto.com/zero-fee-exchanges/
hero member
Activity: 406
Merit: 443
September 30, 2023, 02:20:21 AM
#12
Determine what you mean by no fees because you can use convert and you will not pay fees or get free trading pairs fees but even with these options I doubt that there are no fees because simply withdrawal fees can be high and therefore trading fees may be included or the prices of cryptocurrencies are lower From its real price, instead of paying $26,300 for Bitcoin, you will pay $26,100, or the fees may be hidden and deducted without you noticing. When you want to review the fees experience, review the spot withdrawal fees, the average currency price, and whether there were any hidden fees before trading
full member
Activity: 2086
Merit: 193
September 30, 2023, 01:41:47 AM
#11
Unless you're using the likes of Binance and ByBit where there's so much liquidity (both has fee-free trades on BTC/stablecoin pares if I remember correctly), probably skip trying to look for zero-fee trades because you're likely to pay more(or equal amounts) in losses in other platforms because of the lack of liquidity.
That's true, its rarely to see good exchange that offers a free trade, though it might work with some coin but its not always free.
I won't take the risk of dealing with small exchanges even if its a free trade because I might lose more, beside trading fees is not that big and I'm sure it can cover by your profit. Just trade with reasonable amount and you can be good. Anyway, if there's a good list of good exchange here that offer a free trade, I might also look into it and try it.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
September 30, 2023, 01:33:06 AM
#10

I agree with that, yes. Smaller exchanges hardly have the liquidity to even keep up with the market price, especially with lesser-known pairs. So you may already be paying significantly more for the coins than you would on other exchanges. This is less important for intra-day trades, but for trades over the course of the day it can be quite noticeable.

What I would also give to consider is the withdrawal fees. Even if the trade does not cost any fees, it is possible that the withdrawal fees are significantly more expensive than with other exchanges.

And not only that — using a certain exchange just because of fee-free trades also risks you using an exchange that's a lot less reputable. I know Binance is in a very weird place right now in terms of regulation and reputation, but if I were to use a centralized exchange, it would still be Binance.
legendary
Activity: 2296
Merit: 2721
September 30, 2023, 12:56:44 AM
#9
Unless you're using the likes of Binance and ByBit where there's so much liquidity (both has fee-free trades on BTC/stablecoin pares if I remember correctly), probably skip trying to look for zero-fee trades because you're likely to pay more(or equal amounts) in losses in other platforms because of the lack of liquidity.
I agree with that, yes. Smaller exchanges hardly have the liquidity to even keep up with the market price, especially with lesser-known pairs. So you may already be paying significantly more for the coins than you would on other exchanges. This is less important for intra-day trades, but for trades over the course of the day it can be quite noticeable.

What I would also give to consider is the withdrawal fees. Even if the trade does not cost any fees, it is possible that the withdrawal fees are significantly more expensive than with other exchanges.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
September 30, 2023, 12:43:09 AM
#8
Unless you're using the likes of Binance and ByBit where there's so much liquidity (both has fee-free trades on BTC/stablecoin pares if I remember correctly), probably skip trying to look for zero-fee trades because you're likely to pay more(or equal amounts) in losses in other platforms because of the lack of liquidity.
legendary
Activity: 1596
Merit: 1288
September 29, 2023, 11:02:50 PM
#7

I saw a video some time ago that talked about an exchange (maybe it was quantfury) that offered trading without commissions? has anyone used this exchange?

If I remember correctly, this was FTX, and we all know what happened to everyone who left their cryptocurrenices in FTX, as it announced bankruptcy.

Zero fees are a good feature, but these exchanges must make profits. if there is a new exchange that promises zero fees without clarifying how to make profits, it is better to stay away from it and try to ensure that high liquidity, the possibility of withdrawing coins, and legal licenses are what motivates you to continue using it. if you have several options, so withdrawal fees and trading fees are the last measure to compare between them.
If you are a merchant, there is nothing wrong with paying 5% of your profits as fees as long as you get profits.
sr. member
Activity: 882
Merit: 326
September 29, 2023, 09:15:20 PM
#6
I would recommend MEXC. I've only been using MEXC for the past 2 days. Regarding trading fees on the MEXC platform, it provides zero fees on spot trades and 0.01% on futures.

The platform is also convenient, without KYC too. However, if you intend to trade large amounts there, I recommend completing KYC. To increase the fund withdrawal limit for 24 hours.

Trading Spot Fees and Margin on MEXC.



Trading Spot Fees and Margin on Binance.


Trading Spot Fees and Margin on Bybit.
legendary
Activity: 2492
Merit: 1232
September 29, 2023, 06:44:50 PM
#5
Aside from Binance, there are a few exchanges that have no fees.
Ain't promoting this article but it seems it has very helpful content regarding to your question.
(9 Best Zero Fee Crypto Trading Exchanges)


In choosing an exchange platform for free fees I think you should read the TOS first.
copper member
Activity: 2114
Merit: 1814
฿itcoin for all, All for ฿itcoin.
September 29, 2023, 06:39:58 PM
#4
Is there any exchange that offers spot trading without fees at the moment? is bitget still offering it? and if so, what should I take into account when trading? liquidity issues etc?
Any other options?
Not sure about Bitget, but please try and check out MEXC, that is if their promotion is still open.

They are offering zero spot trading fee for a limited time. This has been on since somewhere in April. This is some huge number of months to offer zero trading fees up to date... read through  - https://www.mexc.com/learn/article/17827791509403
hero member
Activity: 700
Merit: 673
September 29, 2023, 05:05:19 PM
#3
Binance also has a zero fee on a few other pairs active in their spot trading, the conversion option of exchanges are also zero fee but most times they convert in a price little different from current trading price.
Quote
 Due to popular demand, Binance is pleased to extend a new zero-maker fee trading promotion for ARS, BRL, and ZAR spot trading pairs at 00:00 (UTC) on September 8, 2023.
The promotion will cover the following eight spot trading pairs: BTC/ARS, USDT/ARS, BTC/BRL, ETH/BRL, USDT/BRL, BTC/ZAR, ETH/ZAR, and USDT/ZAR.
Source  
legendary
Activity: 1624
Merit: 1200
Gamble responsibly
September 29, 2023, 04:27:22 PM
#2
Is there any exchange that offers spot trading without fees at the moment?
I have just taken this from Bybit, all pairs with USDC are free.




I can see convert on exchanges like OKX and Binance. Convert trading fee is $0. Make sure you read about convert on the exchanges you see it, it may have fee, but the exchanges I saw it, it is having no fee required.
jr. member
Activity: 84
Merit: 4
September 29, 2023, 04:22:00 PM
#1
Hello, what options are there at the moment to trade without fees?

I saw a video some time ago that talked about an exchange (maybe it was quantfury) that offered trading without commissions? has anyone used this exchange?

Is there any exchange that offers spot trading without fees at the moment? is bitget still offering it? and if so, what should I take into account when trading? liquidity issues etc?
Any other options?
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