Exchanges with their fees comparison - Trade.io

in #tradeio6 years ago (edited)

Introduction

Exchanges charge lots of fees and no one likes paying higher fees 😉, that is why we look for better exchanges with lesser fees and better features.

In this post, I will list out popular exchanges with their charges for 2018, with this lists you can infer and make the right decision to use the best exchange with limited charges. In spite of any exchange, the general charges are lower compared to our traditional banks for holding our money.


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Maker Fees

This is a fee charged when users place an order that is filled at a later time/not filled immediately ex: limit order.
Placing limit orders on the books helps to make the market - users pay lesser fees for being a market maker.

Taker Fees

This is a fee charged when users place an order that is immediately filled ex: market or stop order.
Users pay a taker fee because they accept to buy at the current price placed on orders book.

Takers do pay higher fees than Makers.

Exchanges with their Charges on Trading

Binance
Binance charges 0.1% for both maker fee and taker fee.

Hibtc
Hibtc charges 0.1% fee for both maker and taker fees.

Bittrex
Bitrtrex charges 0.25% for both maker and take fees.

Poloniex
Poloniex charges 0.15% maker fees and 0.25% taker fees.

Bitfinex
Bitfinex charges 0.1% maker fees and 0.2% taker fees.

Gdax
Gdax charges 0% maker fees and 0.25% taker fees.

Coinbase
CoinbasePro charges 0% maker fee and 0.25% taker fees.

Trade.io
Trade.io charges free maker fee and 0.1% taker fees.

From the Eight(8) exchanges listed above, we can infer that Trade.io offers the best rate/limited charges. Awesome right? Yes 👍!! This is why you need to switch to this exchange. Trade.io has added features such as customized user interface to suit your needs and liquidity pool which 50% profit is shared to user wallets that partake in with 2,500 TIO tokens.

Conclusion

Trade.io offers the best trading charges with swift supports. Trade.io is presently offering free trading to it customers till 1st of October, trade without charges.
You can read my previous post linked down for better understanding on exchanges.

Previos Posts

Trade.io Official Web Links


Try trading on the exchange as we take zero commissions until October 1st

REFERENCES


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Nice comparison, keep up the great work. I still use Kraken as i like the layout and i have never had any issues.

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