____  ___    _  _     _   _ _____     _______
 / ___|/ _ \  | || |   | | | |_ _\ \   / / ____|
| |  _| | | | | || |_  | |_| || | \ \ / /|  _|
| |_| | |_| | |__   _| |  _  || |  \ V / | |___
 \____|\___/     |_|   |_| |_|___|  \_/  |_____|

 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

Crypto Exchange Fee Comparison

BY: @ridi20 | CREATED: Dec. 20, 2017, 9:59 p.m. | VOTES: 2 | PAYOUT: $0.05 | [ VOTE ]

Cryptocurrency Exchange

https://cmkt-image-prd.global.ssl.fastly.net/0.1.0/ps/3451860/580/325/m1/fpnw/wm1/fpftxys5dzo0drmuvmswlefxbigdmzx9kpf08otickjslygeskxef33owureuspb-.jpg?1508720831&s=5f432efdcf0ecb610b330e72f2bdb4cf

Exchange Fee in % Bittrex 0.25 GDAX 0.25 CEX.io 0.25 Kraken 0.25 Poloniex 0.25 Binance 0.1

PS: If you activate the BNB Token on the exchange Binance, your fee will be reduced to 0.05%

TAGS: [ #crypto ] [ #bitcoin ] [ #exchange ] [ #cryptocurrency ] [ #steemit ]

Replies

@nuridin | Dec. 20, 2017, 10:02 p.m. | Votes: 1 | [ VOTE ]

I'm new to this so I have a newbie question: Are the exchanges you listed provide wallets for buying / trading bitcoins and other cryptocurrencies? Or do I get a wallet first say from bitpay or coinbase then go trade on those exchanges? Thanks @ridi20

@ridi20 | Dec. 20, 2017, 10:11 p.m. | Votes: 1 | [ VOTE ]

No these exchanges got the wallets already for every coin. So you can trade many altcoins there.

This is for example how it looks like on Binance

[IMAGE: https://steemitimages.com/DQmQtxDKyuDAF6vrxH4jZDEBGvAQqQpt17S9oLPFfbECKHG/image.png]

You can trade your BTC with any altcoin

@nuridin | Dec. 20, 2017, 10:17 p.m. | Votes: 1 | [ VOTE ]

Thanks for your answer @ridi20
I haven't got a bitcoin wallet yet. Which one do you recommend so that I can start trading both bitcoins and altcoins?

@ridi20 | Dec. 20, 2017, 10:32 p.m. | Votes: 1 | [ VOTE ]

Right now it's Binance for sure. Less fee, best for daytrading.

As soon as you sent your BTC there you can start your tradings. Registering on the exchange takes you around 5 minutes.

@ridi20 | Dec. 20, 2017, 10:35 p.m. | Votes: 1 | [ VOTE ]

For buying the BTC you could go to Coinbase. Then you send your BTC to Binance and you can start trading there.

I am not sure if you can buy directly the BTC on Binance. But you could try it out

@nuridin | Dec. 20, 2017, 10:57 p.m. | Votes: 1 | [ VOTE ]

Great. Thanks a lot @ridi20
This is very helpful

@sherz | April 24, 2018, 11:05 p.m. | Votes: 0 | [ VOTE ]

I am sure you did ur research and must be doing well, especially with the current upwards trend of the market, any advise you can give me, since now, I am new to this domain

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