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% ?
I don't really worry much about those fees, though I see a lot of people that complains every time that the fees are so high. But I won't blame them, everyone is different, and how much you have might not be the same they have. There are people who won't have much and that profit is not enough and they are trying to squeeze out more so that it would be enough for them.
To be very honest, that sounds painful and yeah, fees, charges, taxes and all sort of deductions that we have to pay for services we avail, are a pain.
That's right, and some people will even want to look for an exchange that would not charge them any fees for trading. I've seen some exchange lately trying to use that to attract traders to their exchange. Even bigger exchanges like Binance now offers up to minus 50% on fees if traders are making use of their tokens.