Fees are pay from Bitcoin owners to bitcoin miners for his work
Topic: Why do we always have to pay fee? (Read 952 times)
The best thing is to find an exchange that works for you whether low fees or security wise. I will advice you go for secured exchanges rather than those who charge low fees and will then give yiu a heart attack later.
I've noticed that everytime I make any transaction I have to pay fees. why users have to pay their money? for example, I use changelly and it's found out that I pay them 0,25% fee. Is that normal or they steal from me?
It's normal to pay fees because the service you've enjoying was developed with money and they need money to maintain the project. Most of the platforms you see online have offline offices with employees, you earn their livelihood from the project. No one is stealing from you by charging fees.
I've noticed that everytime I make any transaction I have to pay fees. why users have to pay their money? for example, I use changelly and it's found out that I pay them 0,25% fee. Is that normal or they steal from me?
Dude, we are in the word of trading business so if you are one of the traders it means you are always in different exchange platform.
Then in every trading there is of course a transaction fee, and this was a normal things. And you are absolutely wrong that they are stealing
their clients through transaction charge. Have you ever see an exchange didn't charge any fee for each transaction? if there is, what exchange is that?
If we will not pay tthe fee then the system or the exchange will stop in a long or short run.
This fee will maintain the work of their developer and tech.
remember that we are not in 2017 anymore when those exchange are running for tokens to be listed, we are now at the present which tokejns need to pay to be listed!
I agree. You need to pay. Such rules of the cryptocurrency world. It seems to me that only those people who are greedy for money are indignant. Need for money is easier. This fee will maintain the work of their developer and tech.
remember that we are not in 2017 anymore when those exchange are running for tokens to be listed, we are now at the present which tokejns need to pay to be listed!
If we will not pay tthe fee then the system or the exchange will stop in a long or short run.
This fee will maintain the work of their developer and tech.
remember that we are not in 2017 anymore when those exchange are running for tokens to be listed, we are now at the present which tokejns need to pay to be listed!
This fee will maintain the work of their developer and tech.
remember that we are not in 2017 anymore when those exchange are running for tokens to be listed, we are now at the present which tokejns need to pay to be listed!
Fee is very essential because they actually need money for maintenance and with fees they will generate income. Moreover nothing is free in this world anything free is worthless. Fee is still a good thing to me. Since they have no other way to generate fund.
Nothing is absolutely free, some of those exchanges run certain maintenances, some have physical offices and staff that they pay salaries to. Fees are necessary to keep an exchange running except they are other ways the exchange intend to raise funds. I do not believe exchanges that promise a free to trade as majority of the upcoming ones have not launched till date.
if in my opinion it might be normal, not in the part that we are working on right now, the transfer part if there is a difference between the banks, there must be consequences for us to pay even though 0.1%, but clearly all elements remain so
We all need high security when trading our tokens, right?
If there were no fees to pay the exchanges for their services, do you think anyone in this world would ensure you a good security level for free? I doubt it.
If there were no fees to pay the exchanges for their services, do you think anyone in this world would ensure you a good security level for free? I doubt it.
Most exchanges will charge us the fees when making some transactions. It is like when you use your bank account, sometimes, you need to pay fees for certain kind of transactions. However, the fees will be various depending on each coin and exchange. nd the fees for transferring, withdrawal, deposit, or trading will be also different. Sometimes, some exchanges are free of the fee, but it is very small possibilities. The exchanges also want to get the money when you use their platform, nothing is free right now.
Every transaction we do, there must be a fee that we must pay. Exchangers must charge fees for operational costs and I think this is reasonable. I agree that this is like a bank, when we use their services, we are charged for the continuity of their operations
Most exchanges will charge us the fees when making some transactions. It is like when you use your bank account, sometimes, you need to pay fees for certain kind of transactions. However, the fees will be various depending on each coin and exchange. nd the fees for transferring, withdrawal, deposit, or trading will be also different. Sometimes, some exchanges are free of the fee, but it is very small possibilities. The exchanges also want to get the money when you use their platform, nothing is free right now.
anyone can tell me which exchange don't collect fees for any transaction?
all i know is some exchange have their token and by using it you will pay half of the fee.
Does any exchange exist now for free fees? thanks in advance!
all i know is some exchange have their token and by using it you will pay half of the fee.
Does any exchange exist now for free fees? thanks in advance!
I have not met such exchanges. There are birdies that give a discount on commissions for the first time or forever, but that would not be completely free. Otherwise, what is the point of creating and holding an exchange for its creators?
As in the case of banks, everywhere in such services we pay for the provision of these services.
Absolutely everywhere there are transaction fees without it or how. But fees can be less - it depends on the market price of the coin. I like how did ERC-20 as we are able to determine our fees. And the higher they are, the faster your transaction will happen.
yes, the fee is compensation from the price we pay for the services we use. we can adjust the nominal according to the speed and effectiveness of the transaction we want. However, there is always a minimum limit set by the exchange, and we must abide by it. I've noticed that everytime I make any transaction I have to pay fees. why users have to pay their money? for example, I use changelly and it's found out that I pay them 0,25% fee. Is that normal or they steal from me?
I also do not like to pay fees for transferring my money from wallet to wallet. However, this is how blockchain works and payment of a commission is necessary. This makes you learn to be careful about your coins and think through all transactions in advance.
Getting a domain isn't free.
Building up the system of an exchange isn't free.
Having a security of their website isn't free.
If you are complaining about why we have to pay the fee, stop using any service. Miners are getting paid to secure transactions and they aren't doing it for free. Same goes for exchanges.
And if that exchange free everything. Then I think that exchange is a scam, and one day it will disappear along with the entire amount of users. I've seen many exchanges gone along with tens of millions of dollarsBuilding up the system of an exchange isn't free.
Having a security of their website isn't free.
If you are complaining about why we have to pay the fee, stop using any service. Miners are getting paid to secure transactions and they aren't doing it for free. Same goes for exchanges.
But it's unusual to see an exchange that has no fee. I think there is one and its robinhood but I haven't used them and I don't know the condition for its free withdrawal.
That's a good question. Centralized exchanges and services depend on the fees we pay them. Decentralized platforms and cryptocurrencies also charge fees to pay miners and node owners for their services. One of the main reason is to prevent someone to spam the network.
Currently liquidity seems to be more important for a lot of users, but eventually users will only go with the services charging near to zero fees if not zero.
Currently liquidity seems to be more important for a lot of users, but eventually users will only go with the services charging near to zero fees if not zero.
Well in my simple opinion, if you can pay charges willingly on binance, kucoin or hotbit platforms
Then it is only natural that changelly charges little fee too
It’s their platform and also a source of income for them too.
Manage the fees or go for a cheaper platform
Then it is only natural that changelly charges little fee too
It’s their platform and also a source of income for them too.
Manage the fees or go for a cheaper platform
I think it's a normal thing for every crypto to replace their service sending your money. that includes a lower cost than you use the services of a traditional bank. with fast service and you do not need to queue up with good data recording without being known by other parties, guaranteed the security of your transaction.
Simply because it costs resources to provide the transaction service, either if it's btc or normal wiring.
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