Post
Topic
Board Trading Discussion
Re: It is time to adjust the fee!
by
blumangroup
on 02/08/2014, 20:18:33 UTC
With a free market, you would think exchanges would always be lowering fees to try to get more customers.  It might take time but it should happen.  We just need more trustworthy exchanges, that's what I think is missing.  Why can't these exchanges get their acts together at the rates they are charging?

Too bad the western exchanges didn't take one out of China's book and give us 0% fees for some time. Undecided
The Chinese exchanges have to make money some how. If they are not charging customers a fee then they are either trading against them (with inside information), somehow enlarging the bid/ask spread, or simply taking part of customers' deposits. Regardless of what they are doing they are making money in a much less transparent way then other exchanges.