Post
Topic
Board Exchanges
Re: Bittrex fees INSANELY big!
by
timerland
on 25/11/2017, 02:37:31 UTC
I just can't belive what im seeing.This is why i don't gain anything big when trading in 20-30 USD range.
Please look at the picture.
When you BUY you get cut by 0.025% fee from Bittrex..
BUT in order to SELL you actualy need 10 USD MORE in profits to earn only 2 bucks?
Come on, please tell me what kind of joke is this? When i want to sell i need a difference at minimum 10 USD for a crypto to go up so i can literaly earn 1-2 USD!

PLEASE LOOK!THe price when i bought and the price when sell..And see how LOW the earning is!!!

https://ibb.co/cwnw8R

Well how else do you expect the exchange to make a profit? They're not running this as a charity, they have to benefit somehow from the growth and usage of their platform and they do it via charging a percentage fee on all trades.

You need to make a better percentage profit than their fees, that's all.

Otherwise, you'll get hit by those fees, no doubt.