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Topic: Zero Fee 0% Bitcoin Exchange (Read 9468 times)

hero member
Activity: 518
Merit: 500
November 30, 2015, 07:57:36 AM
#85
its hard to believe that exchange not put fee on trade,but if that was true,i think they hide some fee. and if they not put fee on all,where they get some profit?
coinbase i think zero fee,and many more.
copper member
Activity: 1218
Merit: 1007
Post your ann & bounty just contact me
hero member
Activity: 770
Merit: 500
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
November 28, 2015, 09:39:10 PM
#83
First we need an Exchange with Zero Fees. Crypto exchanges are sprouting up like weeds and they're all the same. Poor API , poor desktop and mobile trading apps. exchange holds coins, and 0.2% fees.

If we have an exchange with zero fees it would add liquidity ( by providing an incentive to buy/sell on exchange) and offer better trading conditions for all traders ( more liquidity means more buyers and sellers are waiting to trade at their prices which decreases the spread between the Bid/Ask ).

Any Exchange with Zero fees?
If no, lets build one.

I trade on coinbase exchange Btc/Eur pair ... and I see no fees in it. Perhaps they are hidden, but I do not see them.

But one exchange with zero fees for altcoins is lacking. It would be great to earn by the cents and make more tradings.
member
Activity: 70
Merit: 10
November 28, 2015, 06:47:09 AM
#82
I wouldnt feel secure if a new exchange poped up with no fees it would look like something set up purely to take my coins :S
newbie
Activity: 47
Merit: 0
November 28, 2015, 05:32:21 AM
#81
You could... but would it work?

At the moment Bitcoin is driven by electricity and processing power.

What does "money" do? Think about a parking lot - too expensive, less cars flowing in and out, but there's an optimum price point that maximizes the utility of the parking lot and sees the most cars flowing in and out all the time. If it's too cheap, the parking lot will just get clogged up and the cars won't move.

Think about it for a minute: If a "free" exchange will grind to a halt.


And....

Welcome to the world of the people who understand what money is... and what it's used for.

If you want everything for free, make some money. If you have enough money, everything is free.
full member
Activity: 168
Merit: 100
August 03, 2015, 02:14:23 AM
#80
The idea is valid, to the extent that since alt coins are nearly self regulating on the blockchain, why couldn't we not do the same thing with an exchange?
There are some conceptual and experimental p2p exchanges out there, with no fees.
They are for exchanging crypto coins and not USD.

The ultimate would be a multi-crypto wallet-based p2p exchange.
copper member
Activity: 1218
Merit: 1007
Post your ann & bounty just contact me
July 28, 2015, 12:27:55 PM
#79
First we need an Exchange with Zero Fees. Crypto exchanges are sprouting up like weeds and they're all the same. Poor API , poor desktop and mobile trading apps. exchange holds coins, and 0.2% fees.

If we have an exchange with zero fees it would add liquidity ( by providing an incentive to buy/sell on exchange) and offer better trading conditions for all traders ( more liquidity means more buyers and sellers are waiting to trade at their prices which decreases the spread between the Bid/Ask ).

Any Exchange with Zero fees?
If no, lets build one.

HUobi is biggest bitcoin exchange with 0% fee
also we can LOAN with interest 0.1% /24hours and now he launching new fiture : USD market Smiley
newbie
Activity: 9
Merit: 0
July 28, 2015, 12:14:07 PM
#78
With all due respect, it is hard to believe that. Sounds too good to be true to be honest. If you need exchanges at 5%-7% of
Western union to Bitcoin,
Paypal My Cash to Bitcoin,
Moneygram to Bitcoin then try an exchanger such as WesternUnionToBitcoin.org
member
Activity: 98
Merit: 10
May 20, 2015, 06:26:19 AM
#77
people ought to find profit for themselves , as well the btc exchange site does. although your quotes are profitable for consumers and traders there are some exceptions which lead to a transaction fee. this ia how the revolution goes on.
legendary
Activity: 1890
Merit: 1007
May 18, 2015, 09:17:23 PM
#76
i think better to focus on security and find a niche for exchange,offersomething what any other exchange has to offer,but is is hard business to run

yes, i agree with you
i dont care about bitcoin exchange with zero fee 0%, but we need exchange with high security.
newbie
Activity: 1
Merit: 0
May 18, 2015, 09:16:13 AM
#75
Seems that bitbays does not require any spot fees right now(https://bitbays.com/pricing/). Additionally there is an interest if you take its arbitrage fund(https://bitbays.com/help/faq/)
Pab
legendary
Activity: 1862
Merit: 1012
May 17, 2015, 05:13:26 PM
#74
 i think better to focus on security and find a niche for exchange,offersomething what any other exchange has to offer,but is is hard business to run
legendary
Activity: 896
Merit: 1000
May 15, 2015, 07:01:52 PM
#73
If there were an exchange that had zero fees they could not make any money.  Undecided I guess they could add an option for donations, but most likely it wouldn't keep them afloat.

chinese exchanges are very large. their earnings are solid enough to give their users the ability to trade without fees. they receive a lot cashout and deposits which is giving them enough income.
hero member
Activity: 706
Merit: 500
https://twitter.com/CryptoTrout
May 14, 2015, 11:01:11 PM
#72
if you are a good trader the fees are negligible
sr. member
Activity: 322
Merit: 250
May 13, 2015, 09:26:37 AM
#71
Alnost all of exchange in China don't charge any trading fees, if they charge, the lost their costum when they competition don't do it.
legendary
Activity: 3248
Merit: 1070
May 13, 2015, 03:33:01 AM
#70
If there were an exchange that had zero fees they could not make any money.  Undecided I guess they could add an option for donations, but most likely it wouldn't keep them afloat.

like it was said above they would earn more on withdrawals, but if it appear for customers to be more expensive than a regular exchange that charge you with trading fees, i don't think it will be used by many

usually you make only 1 deposit and many trades per day, so unless the fee of withdrawal is very high it should be overall, lower than trading with fees
member
Activity: 116
Merit: 10
-Credits (CRE) Miner/Enthusiast
May 12, 2015, 07:51:52 PM
#69
If there were an exchange that had zero fees they could not make any money.  Undecided I guess they could add an option for donations, but most likely it wouldn't keep them afloat.
hero member
Activity: 840
Merit: 1000
May 12, 2015, 09:44:45 AM
#68
First we need an Exchange with Zero Fees. Crypto exchanges are sprouting up like weeds and they're all the same. Poor API , poor desktop and mobile trading apps. exchange holds coins, and 0.2% fees.

If we have an exchange with zero fees it would add liquidity ( by providing an incentive to buy/sell on exchange) and offer better trading conditions for all traders ( more liquidity means more buyers and sellers are waiting to trade at their prices which decreases the spread between the Bid/Ask ).

Any Exchange with Zero fees?
If no, lets build one.

There are already some zero fee exchange in china.

how they can earn profit with zero fees? not to mention the arbitrage, it may work with those exchange, even for small amount

They do not earn money from trading fees, but from loan bitcoin or fiat to traders/users, they offer very high interests loans so they earn money like eating a piece of cake Wink, and they can also make money from future trading fees, that's bigger money than loans.

Besides, the withdrawal fees are high - 0.4%, another profit way.
hero member
Activity: 756
Merit: 500
May 12, 2015, 08:23:58 AM
#67
First we need an Exchange with Zero Fees. Crypto exchanges are sprouting up like weeds and they're all the same. Poor API , poor desktop and mobile trading apps. exchange holds coins, and 0.2% fees.

If we have an exchange with zero fees it would add liquidity ( by providing an incentive to buy/sell on exchange) and offer better trading conditions for all traders ( more liquidity means more buyers and sellers are waiting to trade at their prices which decreases the spread between the Bid/Ask ).

Any Exchange with Zero fees?
If no, lets build one.

There are already some zero fee exchange in china.

how they can earn profit with zero fees? not to mention the arbitrage, it may work with those exchange, even for small amount

Even though they have 0% spot fees they can make money through withdrawal fees, swap fees (lending money), they could also have fees on other products they have. 
legendary
Activity: 3248
Merit: 1070
May 12, 2015, 02:54:47 AM
#66
First we need an Exchange with Zero Fees. Crypto exchanges are sprouting up like weeds and they're all the same. Poor API , poor desktop and mobile trading apps. exchange holds coins, and 0.2% fees.

If we have an exchange with zero fees it would add liquidity ( by providing an incentive to buy/sell on exchange) and offer better trading conditions for all traders ( more liquidity means more buyers and sellers are waiting to trade at their prices which decreases the spread between the Bid/Ask ).

Any Exchange with Zero fees?
If no, lets build one.

There are already some zero fee exchange in china.

how they can earn profit with zero fees? not to mention the arbitrage, it may work with those exchange, even for small amount
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