Exchange Fees

[hexwin 4931]

 

You can see major exchanges fees  and comparison from lowest to highest.

What exchange you use and what fees they charge?

 

New data: oct 4 2019

Old data

Edited October 4, 2019 by hexwin

[xBDT Script 4371]

That's why I love Binance and Kucoin LOL

Honestly speaking I never compared the fees between exchanges however I also did not have any idea that these two are comparatively low fee takers.

Do you guys know that withdrawing NEO is free in Binance?

[hexwin 4931]

This data is changing all the time, and maybe there are other smaller exchanges with better fees.

Not all of them are included here.

[Consignee 2395]

Hell, I didn't know Gemini charges such high amount of fee. So, if I exchange 10 BTC worth of cryptocurrency, I have to pay a total of 0.10 BTC. I would never try to use this exchange, even if there is no exchange exist in the world. Binance are Kucoin are the best forever 

[xBDT Script 4371]

1 minute ago, Consignee said:

Binance are Kucoin are the best forever

Welcome to the club. These two are my choices when I think to exchange a coin.

Before I used poloniex and bittrex and another one which I can not remember but since I got introduced to Binance and the Kucoin, I never gone back to them.

[Consignee 2395]

13 minutes ago, xBDT Script said:

Binance and the Kucoin, I never gone back to them.

This two are very user friendly, same here. If any paid is available here, I never look into another exchange. These twos are bookmarked on my homepage as well. Withdrawal fee also low.

[xBDT Script 4371]

2 minutes ago, Consignee said:

Withdrawal fee also low.

Until yesterday before seeing this post, I never knew that there withdrawal fees are low. It was a good information from OP.

By the way, have you claimed your payment yet? Check admins post.

[Consignee 2395]

2 minutes ago, xBDT Script said:

By the way, have you claimed your payment yet? Check admins post.

Yes I did, that was a great motivation. I really like the payment system. No much pressure. No one to believe. No physical works load needed. That's really good way 

[xBDT Script 4371]

Just now, Consignee said:

Yes I did, that was a great motivation. I really like the payment system. No much pressure. No one to believe. No physical works load needed. That's really good way 

I was expecting them to ask for yoBit username of such thing and we will need to perform some task to give them some info but it was really good to see the simple solution.

Dumb us, we should have known that they could do such easy thing like they did for signature payment. That link was very much it to solve everything LOL

[hexwin 4931]

Updated fresh fees for exchanges.
We can see that Coinbase exchange has the highest fees of all after recent updates.

Now they charge 0.5% for makers and for takers

Maybe you like to pay high fees? 🙂

Edited October 4, 2019 by hexwin

[hexwin 4931]

Advantages of real decentralized exchanges:

- You hold your private keys

- Nobody can turn off your account

- Privacy - real dex will not ask you for kyc

- Security - much harder to hack

- You can not create fake volume

 

Current disadvantages:

- Low volume

- Slow speed

...

[Masterrex 559]

On 10/2/2019 at 9:50 AM, Garuda said:

never heard and using gemini exchange before . why they are on the list ? are they popular ? also people still believe with them these days lol 

Yes Gimini exchange was legit and fully regulated the Gemini Trust Company, LLC  was the parent company it was established somewhere in 2014 by no other than the cryptobillioner twins Cameron and Tyler Winklevoss. it was fully regulated by New York State Department of Financial Services (NYDFS).

[hexwin 4931]

Do NOT post anything unrelated to  topics and title.

Do NOT post any refferal links and similar stuff.

Do NOT post generic short comments or copy/paste.

Yobit fees has been discussed and trading fees are 0.2%

Edited October 7, 2019 by hexwin

[starwill 456]

If the rates are a very important point when withdrawing in an exchange since sometimes we can lose part of our earnings in just one withdrawal. That is why to market you must have that very clear. I use Binance, Crex24 and I am testing a page that I saw that they recommended and I find it very useful that you pass your coins to ETH and there you turn it back into BTC for a minimum fee.
 

[Mathers 295]

On 10/1/2019 at 11:50 PM, hexwin said:

 

You can see major exchanges fees  and comparison from lowest to highest.

What exchange you use and what fees they charge?

 

New data: oct 4 2019

Old data

It would have been better if Yobit was listed in the exchanges above, because everyone on this forum have an exchange in common and that's Yobit. 

[Bitxalt 452]

I have never heard of Gemini, like a box office movie recently, it's so crazy that the exchange fee reaches 200%, does anyone trade there? and what about yobit sir?

[Bitxalt 452]

2 hours ago, susilabai said:

Do you really think that the genuine traders will go their and trade and risk their investment if the exchange itself is a scam. So commenting about it makes the exchange more famous so better stop talking about it.

I know that buddy, I'm not serious ask about does anyone trade there, I'm sure no one is doing transactions there, except for people who are trapped

[hexwin 4931]

Geminiu exchange has higher fees, but people do trade there. 
It is founded by Winklevoss twin brother and it is trusted for sure.
As for volume, you can check it on CoinGecko website: 
$14,992,583

https://www.coingecko.com/en/exchanges/gemini?utm_content=gemini&utm_medium=search_exchange&utm_source=coingecko

 

[duncun007 3577]

When it comes to fees I love kucoin because they don't charge that much which helps you make more money. I used to be on binance but I got kicked out

[cryptokram 102]

13 hours ago, susilabai said:

Do you really think that the genuine traders will go their and trade and risk their investment if the exchange itself is a scam. So commenting about it makes the exchange more famous so better stop talking about it.

If you know the trading platform are scam, of course you won't get through with it for sure. 

 

6 hours ago, hexwin said:

Geminiu exchange has higher fees, but people do trade there. 
It is founded by Winklevoss twin brother and it is trusted for sure.
As for volume, you can check it on CoinGecko website: 
$14,992,583

https://www.coingecko.com/en/exchanges/gemini?utm_content=gemini&utm_medium=search_exchange&utm_source=coingecko

 

Ever there is a higher fee's people continued to used it, maybe because these people are getting a high profit in the platform that's why its fine for them to trade continuously.

[Haydoidayctm 82]

I see HitBTC is reducing fees to attract traders, and recently I saw volum trading on it increase and very stable, and Kucoin and Binance are always low fee and have many incentives.

[Dammyrichie 131]

On 10/2/2019 at 3:07 PM, hexwin said:

This data is changing all the time, and maybe there are other smaller exchanges with better fees.

Not all of them are included here.

They are some exchange which is not list there that their fees is small then some of this exchange list there, binance hava a good fees when trading there.

[aqua 773]

The withdraw fee for the exchange is about 0.0005 btc - 0.0015 btc. I think that will depend on their regulation in the exchanges. If you don't want to pay the fee in bitcoin, then you can use altcoin to pay for the withdraw, and I am sure that the fee will also reduce. I don't mind to pay a high fee if the withdrawal process takes a short time, less than 5 minutes. But then I realize that will depend on the blockchain network confirming. If the transaction is big, then the network will need some time to process every transaction. And if that happens, I will use altcoin to withdraw, and that will not take too long to see it arrives in my wallet.

[666Stein 37]

hitbtc is low on trading fees, but they are very high on withdrawls fee

im not recommend this exchange for newbie or new traders ! 

[hexwin 4931]

31 minutes ago, Basad said:

So Hibtc has the lowest fee ever, but you can't trade token below 0.001 BTC I think so same also applied to binance, they both have the rule

Yes, I think all exchanges have this stupid limits now so you can't trade below that.
Image if btc goes to 100,000 usd dollars.... are they still going to keep that 0.001 BTC ?