Hey Jack, love the exchange, except for the cost to trade.
3% on both sides for a total of 6% per trade is a bit ridiculous. I would like to see your trade fee go down to at very most 1.5% per side for a total of 3% per trade. Looking at your numbers you would still be doing extremely well.
Keep in mind that Paypal only charges merchants 3% to accept payments.
Please consider getting in line with the other exchanges' trade fee's.
Thanks,
Have to agree with this one. No serious trader going to pay 3% per transaction. Bitstamp fee is reasonable low to be able to attract traders/market maker from mtgox to them
We live in a competitive world. Efficiency is the only way to run a viable business.