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Topic: Why do we always have to pay fee? (Read 917 times)

newbie
Activity: 20
Merit: 0
August 16, 2019, 12:34:09 PM
#90
Fees are pay from Bitcoin owners to bitcoin miners for his work

newbie
Activity: 29
Merit: 1
August 16, 2019, 12:16:39 PM
#89
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.
copper member
Activity: 336
Merit: 5
August 15, 2019, 01:16:48 PM
#88
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.
hero member
Activity: 1092
Merit: 501
August 15, 2019, 12:45:32 PM
#87
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?
sr. member
Activity: 672
Merit: 254
August 15, 2019, 12:23:36 PM
#86
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.
full member
Activity: 371
Merit: 100
August 15, 2019, 12:16:52 PM
#85
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!
jr. member
Activity: 201
Merit: 1
August 15, 2019, 12:14:16 PM
#84
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.
copper member
Activity: 294
Merit: 1
August 15, 2019, 07:20:38 AM
#83
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.
full member
Activity: 691
Merit: 100
August 15, 2019, 03:51:14 AM
#82
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
member
Activity: 742
Merit: 21
Be the reason someone smiles today
August 15, 2019, 02:08:16 AM
#81
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.
member
Activity: 840
Merit: 10
August 14, 2019, 10:23:05 PM
#80
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
member
Activity: 753
Merit: 15
mulierum.com
August 14, 2019, 07:50:23 PM
#79
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.
sr. member
Activity: 1610
Merit: 372
August 14, 2019, 11:54:04 AM
#78
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!

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.
full member
Activity: 588
Merit: 101
August 12, 2019, 06:56:54 PM
#77
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.
member
Activity: 194
Merit: 10
August 12, 2019, 05:52:40 PM
#76
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.
hero member
Activity: 2968
Merit: 572
Leading Crypto Sports Betting & Casino Platform
August 12, 2019, 02:46:42 PM
#75
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 dollars
I will understand if that exchange do it for the meanwhile and its part of their promo but it won't last long.
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.
hero member
Activity: 1655
Merit: 600
August 12, 2019, 02:00:12 PM
#74
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.
member
Activity: 579
Merit: 13
Are you kind to your neighbor? Think it through
August 12, 2019, 12:16:33 PM
#73
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
jr. member
Activity: 224
Merit: 2
August 12, 2019, 10:37:22 AM
#72
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.
newbie
Activity: 27
Merit: 0
August 12, 2019, 09:01:48 AM
#71
Simply because it costs resources to provide the transaction service, either if it's btc or normal wiring.
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