Post
Topic
Board Beginners & Help
Re: For the newbies
by
maku
on 13/08/2016, 12:48:14 UTC
I will definitely like to trade but in small amounts.

The transaction fees at popular exchanges puts me off

Bittfinex: ~15%
Polniex:~25%
Kraken:~20%

How do you then make profit when you are only trading small amounts?
What are you talking about? I checked Poloniex's site out of curiosity and their fees table is nothing like you presented.
It is 0.15% Maker and 0.25% Taker fee when your are trading with less than 600 BTC. I didn't see 25% transaction fee anywhere.

Source: https://poloniex.com/fees/