Quote from: Distinctin on October 21, 2019, 10:08:13 PM

Quote from: WatchMaker on October 21, 2019, 09:36:39 PM

Quote from: pawanjain on October 10, 2019, 05:00:19 PM

Most of the exchanges have a minimal trading fees of about 0.25%
I see many people discussing trading fees here and there and that how high the trading fees is.
Does 0.25% really make a huge difference if you are earning at least more than 2% ?

People are trading cryptocurrencies for profits. While trading people are earning profits from 1-2% upwards and sometimes even lose some money as well. If people are earning 1-2% in profits why not consider the trading fees because the higher the trading fees the less money people can make. Trading fees really matters Cool

Our profit also depends on trading fees. Yes, we need to consider this important cause it affects our ends. This is why trading must look and often to used those trading platforms that could provide them lower-cost fees and giving a more favorable price to their traders. If we are a smart trader we know that kind scenario and making a sense that we are just to gain profit and not just for fees.

I'm a practical trader so I consider the trading fees when I using an exchange. There are exchanges that have high fees and I avoiding it for me to minimize my expenses.