Post
Topic
Board Trading Discussion
Re: MtGox is bitcoins weakest link!!!!!!
by
Raoul Duke
on 07/03/2013, 16:49:29 UTC

You want to decentralise where bitcoin is traded?  It's dead simple.

Create your own exchange that has buy/sell fees of less than 0.25%.  Mt gox starts at 0.6% and slowly goes down with bigger trading volume (for the average 50 BTC day trader it goes down to about 0.4%)

If day traders were aware of an exchange that charges less than MT GOX, many would flock!


How about NO fees? I had no idea that Mt Gox charged six percent. Even Paypal charges less, if I remember right.

Dude... c'mon... 6% != 0.6% and MtGox charges 0.6% Roll Eyes