Re: BTER.com hacked| 7170 BTC stolen | DON'T KEEP YOUR MONEY ON AN EXCHANGE |
There were no fees and I remember it clearly and was really good because the profit for traders was really higher.
Chinese most of the time has proved that aren't honest on things that they and that's why most of their target is inside their country.
Chinese most of the time has proved that aren't honest on things that they and that's why most of their target is inside their country.
I've heard it a few times across the forum that major Chinese exchanges (such as OKCoin, Huobi, BTCC) don't charge trading fees at all. Their trading volume is huge (you can see it yourself here), but they seem to trade only CNY pairs. I don't trade there myself, and it would be interesting to hear if it is really so as well as how much they charge for withdrawing bitcoins. Anyone know any specifics related to trading there, apart from the higher possibility of them running away with our money?
I'm not a specialist but about the withdrawing fee they take 0.0006 maybe more than other exchanges but this is their fee.
And this fee was for few years, I saw once it was 0.001 but was removed after, chinese exchanges have huge volume because of low/none fee.
This Bter page says it has a $2000 daily limit on USD withdrawals, and it looks like it has a 0% fee for them, but that can't be right.
https://bter.com/fee
However, the Rate standard link at the bottom of this translated OKcoin page says it has a fiat withdrawal fee of 0.1% (excluding bank transfer charges), a minimum of $15.
https://translate.google.co.uk/translate?hl=en&sl=zh-CN&u=https://www.okcoin.com/&prev=search
It also gives spot taker fees for trading, so it does have some trading fees.
