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hexwin

Exchange Fees

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I generally use three exchange and they are Binance,coinbase pro and yobit.All if this three exchange charge low fee for trading.In Binance the charge is 0.1%,in yobit it is 0.2% and in coinbase pro it is 0.25%.But in coinbase pro the fee reduce if you trade in big number.

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2 hours ago, Ridam said:

That's interesting to see how binance managed such small fee in trading along with kucoin. And coinbase pro charging 1% fee that's very costly in my view. So binance and kucoin are best.

Binance is a very good exchange with low trading fee and also including kucoin, there are other exchanged with as low as 0.1% to 0.2% trading fee too, a good example is hitbtc. 

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On 5/19/2020 at 7:09 PM, BitcryptoHan said:

Binance is a very good exchange with low trading fee and also including kucoin, there are other exchanged with as low as 0.1% to 0.2% trading fee too, a good example is hitbtc. 

Kucoin is the exchange that I have been currently following to minimize trading fees. After knowing a fact that freewallet is owned by HitBTC , I am also trying to give a try on that exchange 😊

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8 hours ago, Whited35 said:

Kucoin is the exchange that I have been currently following to minimize trading fees. After knowing a fact that freewallet is owned by HitBTC , I am also trying to give a try on that exchange 😊

@Whited35 Hitbtc is a good exchange, takers fee is 0.2% while maker fee is 0.1%. It is not good to do kyc on exchanges and not necessary on hitbtc but if you do kyc, both takers and makers trading fee will be 0.007%. 

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Look for strategies to increase your profits, don't waste time looking for exchanges with low fees. Most of the people who are concerned about fees do little business. There is nothing to worry about.

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11 hours ago, BitcryptoHan said:

@Whited35 Hitbtc is a good exchange, takers fee is 0.2% while maker fee is 0.1%. It is not good to do kyc on exchanges and not necessary on hitbtc but if you do kyc, both takers and makers trading fee will be 0.007%. 

@BitcryptoHanThanks for this information. If an exchange is genuinely established, I really have not any difficulties to pass KYC. Looking like extremely lower fee for KYC verified users on that exchange. 

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This is true, there is a big difference between these fees between the platforms, and through these fees these sites verify their profits, but I always look for platforms with exchange fees with low in addition to that the withdrawal fees from the platform are low to achieve good profits from them


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8 hours ago, Whited35 said:

@BitcryptoHanThanks for this information. If an exchange is genuinely established, I really have not any difficulties to pass KYC. Looking like extremely lower fee for KYC verified users on that exchange. 

@Whited35 People do afraid of data leakage. For example, if hackers knows you through KYC, they can decide to look for all means to hack your account. And that aside, if they are so close to you, they may decide to come to your home to collect your wallet with all access details. But, many do KYC and not problem with them. 

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Different exchanges has different fee due to their own capacity of business activities and also withdrawing fee of exchanges are different on each exchanges as I noticed yobit exchange high fee that is 120,000 satoshi and binance exchange is 100,000 satoshi and bitmax is 50,000 satoshi.

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among the exchanges i have used the most are coinbase, binance and i also use Bitso to make withdrawals from  my country because i can send my earnings to my account, there are many exchanges but it is important to know which are the ones charge the lowest commissions.

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It's not a secret, Kucoin is my favorite exchange because trading fees are really low (0.10%), withdrawal fees are low and the platform have a large amount of trrading pairs with some interesting coins.

About Coinbase Pro (not Coinbase), trading fees are 0.50% and their is no withdrawal fees.

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There are a lot of exchanges that are better in terms of exchanges fee that were not included. One of them is KoinPro, an exchange that you can trade CFD stocks and Crypto with Bitcoin. Aside, you don't need KYC to enjoy all the amazing features available

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Well for me I prefer the yobit exchange of most exchanges in terms of transaction fees , yobit seems to charge less , why most exchanges fees are so annoying because it's high and makes us pay much .


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I did not realize that binance had such low trading and exchange fees. to be honest i have never been much of a trader and so i only exchange and trade with the earnings that i make here therefore i only use the yobit site as my exchange platform. Personally i think that the exchange fees here are pretty reasonable and overall i am quite happy with the exchanges that i make. I think that a compromise needs to be made on the trading and exchange fees because then you can actually withdraw your profits.

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God that's some really interesting information you got there, i was just checking the Binance and Coinbase Pro ones and i realize there's so much differential right there that's crazy!

 

But i rather use the normal Coinbase one and has a certain amount of fees that i enjoy and accept such as 400 satoshis for a 60k satoshis transaction, but maybe that's expensive for other people.


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This is a good information you shared my friend. I never knew hitbtc was this good in terms of low trading fees and since I have now know about that it will be added to the exchangers i am using because i like exchangers with low trading fees like this hitbtc. What about you my friend?

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Much obliged to you for this insights. Numerous trades require a high charge for pulling back cash, now and then it arrives at 5 additional dollars, so I utilize disagreeable altcoins

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On 10/2/2019 at 1:50 AM, 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

EF-Ri0zW4AM0Q_M.jpg:large

Old data

photo_2019-09-23_10-11-12.jpg

Where does Yobit rank in this??

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