Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: kangug24 on September 28, 2018, 01:23:59 AM
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I think that cryptocurrency trades are so popular today even if we open a website today like Facebook or YouTube something has an advertising videos pops-up. I see many trading sites and it seems that everyone has to imagine the best trading sites with low fees, it is impossible because I know that we see many trading sites asking for fees it is compulsory because they need it to become legit and more security issues. So we rather choose the best trading fees in order to have fast transactions.
Bittrex and Binance both are secure trading sites. First you should choose the best coin then check it both Bittrex and Binance. Anyone site is comfortable to buy your coin choose yourself. Trading is risky investment once you should success again you can try at same time you can failed your trading again you can try. This is the right way to develop your trading skills.
Can you tell some other sites with a low transaction fees?
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well just want to you to know this what happen if that market or exchange have low trading fee but no volume i mean low volume
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So far, I am using exchanges like Binance and the trading fee is quite small and affordable.
Thye commonly will range from 0.1%-0.3% for taker and maker.
However, some top exchanges also have high trading fees.
In Binance, we can also get some discounts on trading fees if using certain coins.
Well, here are some lists of trading fees in exchanges to be as comparison:
https://www.cointracker.io/blog/2019-crypto-exchange-fee-comparison
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As far trading is concerned, I am most relying on Binance but there are times I also got into Pancakeswap if I have some coins and tokens that can be exchanged in there. Actually DEXs can be more convenient but just the same we should always be careful...and for newbies to be technically watch for the nitty-gritty details as any wrong button push can send your money to evaporation. With Binance, a big feature I really love is its P2P option as I can deal with people locally but with so minimized risk because of its scrow mechanism at place.
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Can you tell some other sites with a low transaction fees?
I have traded with many crypto exchanges and find out that binance have less transaction fee then others actually the transaction fee is not for any exchange but its network fee for safely transfer your coins to another address it depends upon chain you are using , some network use mining so its given to miners and some networks give transaction fee to stack pool holders , but some exchanges take higher than network fee for their safe services .
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Depends on what you are trading and where you live I imagine. Binance is currently 0% fees on BTC trades with GBP, USD and EUR which is a nice touch
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Actually you can trade on Dex exchanges like QiDex which have low fees.
For a cex exchange, I've seen Bybit with 0 fees for trading. more: https://www.bybit.com/en-us/promo/global/zero-fees-spot/
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Actually you can trade on Dex exchanges like QiDex which have low fees.
For a cex exchange, I've seen Bybit with 0 fees for trading. more: https://www.bybit.com/en-us/promo/global/zero-fees-spot/
It's new project that offer good features and low price
Hopefully we will see many projects like qidex.
I think It's good for us as small investors.
want to do traidng in small fees. Let's see.
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All the exchange sites have almost similar gas prices and these prices depend on blockchain gas fees, ftx (rip) had low gas fees while I am currently using it as my primary exchanges, for my security of the exc also matters who knows next ftx could be kucoin.........
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So far, as far as I know, binance only reduces the fee to around 0.8$, in Houbi it's 1$, now in Dex it's like a crypton exchange, I know it's even lower than Binance, I just don't know about other exchanges which is a centralized platform, I am not familiar with the charge they take for each transaction.
Kucoin is also the same, Bitforex is also fine, and the charge fee is also low, but it's better to do some research so you can discover this matter yourself.