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Questions tagged [exchange-fees]

Related to fees charged by Bitcoin exchanges.

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VASP beneficiary exchange. What to indicate

The exchange requests the beneficiary's VASP. What to indicate?
D А's user avatar
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0 answers
33 views

Do all crypto brokerages use the same database?

I am wondering if I submit a sell order for Bitcoin on Webull, do Robinhood users also see my order, allowing us to trade cryptocurrencies between different platforms? If not, what is the largest ...
freeman's user avatar
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0 answers
21 views

Can someone help me find the 64.00 and send it to my account at Bitcoin Mining so they will release my funds? [duplicate]

I sent 64.00 today to pay for my Exchange rate fee at Bitcoin Mining so they will release my funds to me. I tried Just Answer and my account has been closed so they couldn’t help. Can someone find my ...
Janie Waldrep's user avatar
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2 answers
59 views

Coinbase - converted BTC to Euros but now Euro amount has changed [closed]

Recently I converted some of my BTC to Euros on Coinbase. I needed €5000 euros exactly. The fee was €74.50, ok fine. That left me with €4925.50. I haven't made one transaction since, but logged in now ...
Engineer999's user avatar
1 vote
1 answer
178 views

Is it normal to pay a fee to buy bitcoins and then pay a fee to send them?

Problem I bought btc on Binance and now to send them I’m being charged 22% (of $95) I’m sure it wasn’t that much when I might’ve used a different website in the past. How are you meant to use btc? I ...
Nickotine's user avatar
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39 views

Transaction blocked by Blockchain [duplicate]

Payment was processed to me. Fees were requested to pay to sender. Transaction was unconfirmed and due to delay I was requested to pay the following fees to unblock transaction. Is this correct?
user120621's user avatar
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0 answers
68 views

Is it possible to get my bitcoin out of Strongcoin without paying the exorbitant transfer fee?

I have Bitcoin held in Strongcoin's service, and want to transfer it out. The Strongcoin FAQ (last updated 2011) says the transfer fee is 1% (which I'm prepared to put up with) with a minimum fee of 0....
Toby 1 Kenobi's user avatar
2 votes
1 answer
186 views

Why does my withdrawal fee not match the transaction fee I'm seeing on a block explorer website?

Sent ~$7 worth of BTC from a Coinbase wallet, to a cold wallet. Coinbase charged a ~$2 "network fee". Make sense so far, but the transaction listed on blockchain.com shows a magnitudes ...
P.S.'s user avatar
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2 answers
724 views

Is there a lower percentage cost to transfer from Coinbase or Coinbase Pro to my mobile wallet? [closed]

I am trying a mobile wallet, so that I keep some bitcoin on my mobile phone. So I downloaded Coinbase wallet, and tried to transfer 0.001 bitcoins from my Coinbase or Coinbase Pro to the Coinbase ...
deeper-understanding's user avatar
1 vote
2 answers
168 views

Why are there fees for arbitrage trading and wallet transfers?

Deciding which exchange to buy BTC from (and sell at a future date) I wondered if I could choose one with the best fees for buying and a separate one with the best fees for selling and if this is even ...
eduardo's user avatar
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1 answer
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Hidden fees in a transaction: How to anticipate one and avoid another?

On Bitcoin.org, the page on getting started has a button for "Buy Bitcoin". It links to page with a dialog box that appears to be an interface to the service, MoonPay. MoonPay has a page, &...
NewSites's user avatar
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2 votes
1 answer
145 views

What happens if I send small amount of btc lesser than fee?

I tried to deposit a small amount of btc in localbitcoins.com, but it was smaller than their deposit fee so it was not processed by them, now what will happen to that chunk? and can I get back the btc?...
Saravanan's user avatar
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1 answer
64 views

How to calculate conversion exchange fees?

According to Exchange A, I can withdraw 1 BTC as 90 fiat. Or I can send them 1 fiat in return for 0.01 BTC. How do I calculate percentage fees for one way conversion?
MCCCS's user avatar
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1 answer
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Fees when withdrawing funds from bitcoin? [closed]

Does one have to pay a fee to withdraw funds from their bitcoin account into cash?
Peter S Doukas's user avatar
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1 answer
53 views

Is there any exchange website that directly converts to a specific currency once a cryptocurrent payment is received? [closed]

I wonder if there is some exchange service that I can use for my webshop (Woocommerce) that directly when a customer pays in the webshop, convert the cryptocurrency money to a specific currency like ...
Jacob's user avatar
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1 vote
1 answer
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With the Bittrex BTC-BCH pair how do I order enough BCH to exactly spend one BTC?

Bittrex orders have their lot size/quantity in BCH and price in BTC. If I only have one BTC in my wallet how can I convert it all to BCH? To ask another way: How do I know the exact quantity of BCH ...
Dan's user avatar
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1 answer
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How does Bittrex charge its commission? [closed]

Assume I want to trade the BTC-BCH pair. I have only one BTC in my exchange wallet and want to buy one BTC worth of BCH. What currency will the 0.25% commission come out of? Will I need to trade 1 ...
Dan's user avatar
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-2 votes
1 answer
55 views

What will be the fee in $ for a 500$ transaction? [closed]

What will be the fee in $ for a 500$ transaction ?
user87579's user avatar
-1 votes
2 answers
84 views

Would requesting a refund for a Bitcoin order be a better way to transform your Bitcoin in national currency?

Let example.com be a shop on the internet accepting Bitcoin as payment system, along with USD payments. In the context of a refund, the user gets back USD. Now, Alice has, let's say some bitcoins, ...
Ionică Bizău's user avatar
1 vote
2 answers
842 views

Need a cold wallet. Segwit, Lightning, Fees?

I have all my coins on exchanges. I'd like to keep some in cold storage. I know I can create one at walletgenerator.net. But I'm scared because I think there might be a better way or it may not be ...
Philip Rego's user avatar
2 votes
3 answers
464 views

How do exchanges set their transaction fees?

I was reading on the Bitcoin wiki (https://en.bitcoin.it/wiki/Transaction_fees ) that a user can set his own fees when conducting a bitcoin transaction. Like many, I have a Coinbase account, but I ...
Dave's user avatar
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0 votes
2 answers
292 views

Can I create a Blockchain copy (up and running) in order to make my own bitcoins transfers without Fee?

I need to make a lot of transfers per day (bitcoins), but the fee is higher than expected. I'm thinking in create a Blockchain copy running on our servers and make the transfers from my wallet and to ...
Franco's user avatar
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1 vote
1 answer
3k views

Tax implications of withdraw fee from one exchange (Binance) to another GDAX/Coinbase

I transferred 0.2 ETH and 0.3 ETH in separate transfers from GDAX to Binance (GDAX does not charge a fee for this). Then, I transferred back from Binance to GDAX all 0.5 ETH, but since Binance ...
platypus's user avatar
  • 111
1 vote
1 answer
183 views

Bitcoin exchange where you can set your own wallet instead of using one provided by the exchange

I'm looking for a European based Bitcoin exchange where I can buy bitcoin and have them delivered straight to my private wallet. I basically want to avoid the extra cost of transferring the recently ...
ntonnelier's user avatar
1 vote
1 answer
337 views

How can coinbase charge less than the average transaction fee?

As of this writing, the average bitcoin transaction fee is over $30, according to this chart. However, I just bought $20 worth of bitcoin on coinbase, and they charged me a fee of $1.49. My ...
Josh Brown Kramer's user avatar
0 votes
1 answer
2k views

Which crypto exchanges charge zero maker fees other than GDAX? [closed]

GDAX charge zero maker fees and I thought it is a common practice until I realise many other exchanges charge a fee around 0.20%. What are other exchanges that has zero maker fees?
Jake's user avatar
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0 votes
2 answers
1k views

Bitcoin Transaction Fees When Buying and Selling

After dipping my toes in the water with Bitcoin, turning £ into BTC, I immediately noticed around a 10% loss through transaction fees. This seems high firstly. Is this normal? Secondly, with the rate ...
Michael Cropper's user avatar
4 votes
3 answers
5k views

Bitcoin Cash - How to get estimated fee and send transaction

Last week I started working with Bitcoins and needed to show the transaction fee. While working with Bitcoins, I used: https://bitcoinfees.earn.com/api/v1/fees/recommended https://api.blockcypher.com/...
Eduardo's user avatar
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2 votes
1 answer
267 views

How do I read this cryptocompare table?

in the Cryptocompare table I don't understand what the columns mean, e.g. there is Price, "Open 24H", "Range 24H", etc... Does anyone know what the different columns mean?
Roland's user avatar
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1 vote
1 answer
394 views

Why are the fees for converting Ripple to Bitcoin so high?

So I've very recently gotten into cryptocurrencies and after making a bit of money on bitcoin, I decided to try an altcoin. I used Changelly to convert my bitcoins into XRP and the fees were very low. ...
BobTheBuilder's user avatar
1 vote
1 answer
429 views

Bitcoin transaction fees and exchanges

When Bitcoin started off, I thought one of the advantages was that there was very little transaction fees. However , now to send bitcoins to another address(exchange independent), I have to set a rate ...
ROn SC's user avatar
  • 27
0 votes
1 answer
367 views

How do exchanges handle fiat currencies?

I'm worried about my (non-BTC) money getting frozen in some company account so I want to minimize exposure and understand the transfer processes. Main considerations are: Do all exchanges require an ...
jiggunjer's user avatar
  • 113
0 votes
1 answer
2k views

How transaction fees are calculated when buying from exchange and transferring to wallet? [closed]

If I buy bitcoin from a exchange and later want to transfer to my wallet for storing purpose (e.g. Jaxx or other), how the transaction fee will be calculated? I thought I can buy some amount of BTC ...
Tanzil Khan's user avatar
0 votes
1 answer
304 views

how to be a maker for either bid or ask orders on bitcoin exchanges? [duplicate]

Using a random coin as an example, if the last price is 1.08999944 how can i chose either a buy or sell price that will be a valid 'maker' price ? Can i just bump the price by one Satoshi i.e. 1....
Flo Woo's user avatar
  • 165
8 votes
4 answers
29k views

What are taker and maker fees?

Please see the attached pictures as a reference If I sell my 0.9 Litecoin at 39.18 (assume that I can sell at this price), do I need to pay any fee? What if I sell my 0.9 Litecoin at 39.15 (assume ...
Marco's user avatar
  • 305
5 votes
1 answer
3k views

How much does it effectively cost to purchase currency at an exchange?

If I buy crypto-currency at, for example, Kraken, how much does it effectively cost me to buy it and move it to another wallet or exchange?
deepbrook's user avatar
  • 1,672
5 votes
1 answer
8k views

How are Fees Charged at Kraken?

How are fees charged when I initiate a trade? Are they subtracted from my order's volume? Are the fees applied separately from my account's balance? Can I set the currency I want my fees to be ...
deepbrook's user avatar
  • 1,672
21 votes
5 answers
106k views

Is there any way to buy bitcoins online without a fee?

I'm new to bitcoins, and my experience is from something like E*Trade buying on the NASDAQ, so that's my frame of reference. I paid a small broker fee for every buy or sell, and I trusted the exchange ...
toddmo's user avatar
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1 vote
0 answers
43 views

Fees when using leverage

I have been wondering how trading fees are actually calculated e.g. Kraken takes 0,35% of every trade. Does this fee apply both when I buy bitcoins and later when I sell them? Furthermore if I choose ...
peppe_z's user avatar
  • 11
0 votes
2 answers
498 views

Question about BTC-E fee's

I'm looking into trading on btc-e but can't find too much info on the trading fees. All I see is a general 2%. Is there a fee for trading btc in or out? What else is there? What's the 2% calculated ...
Sam W's user avatar
  • 101
6 votes
2 answers
3k views

Calculation of arbitrage profit

I have made calculations based on 3 exchange buy and sell orders. (Cryptsy, C-cex and Bter) and have taken DOGE/BTC market into account. Both cryptsy and C-cex have the same calculations to get the ...
Jsd's user avatar
  • 336
4 votes
1 answer
141 views

Sell order in Bter is incorrect

In Bter I created a sell offer with DOGE/BTC, it seems the calculation is wrong. They have not deducted the transaction fee. I have included 2 screen shots and anybody know the same or experience the ...
Jsd's user avatar
  • 336
9 votes
6 answers
391 views

What would a new exchange need to be better than the rest?

If a new crypto v crypto exchange were to be built and launched. What would tempt you to use it rather than what you currently use? Or what improvements would you like to see from the way things work ...
BeTheChange's user avatar
1 vote
0 answers
181 views

calculate fees for shorting Bitcoin on exchanges

I have a calculator for calculating trade fees for Bitcoin on exchanges (http://tradeli.st) However I get asked a lot to add "shorting". Basically, for a "long" position. I do this: BUY 1 BTC @ $...
chovy's user avatar
  • 131
1 vote
1 answer
368 views

miners fees and exchange fees

I read somewhere that as older a bitcoin become as higher exchange fees the buyer has to pay. Is that correct? These exchange fees go to the miners only or to whom else? thank you
Sean Black's user avatar
1 vote
1 answer
125 views

Why are there such huge differences between commissions on different exchanges?

Why are there such huge differences between the commissions applied by sites like Bitstamp.org (0.5-1%) and other sites (I have seen 5-10% fees)?
Sean Black's user avatar
0 votes
2 answers
2k views

btc-e current btc withdrawal fee [closed]

Hello can anyone answer me whats the current btc-e withdrawal fee? The only source of information i can find is this which says it's set to 0.01 btc. Is it still valid?
javascrub's user avatar
10 votes
7 answers
24k views

Is there an opensource crypto-currency exchanges engine?

I'm looking for an opensource crypto-currency exchange engine. My preference would be for something easy to use like joomla or drupal. My exchange setup needs support for alt-coins and bitcoin. I ...
strand's user avatar
  • 151
-1 votes
1 answer
151 views

I am curious about that where will the transaction fees go to finally? [duplicate]

Version 0.8.1's lowest fee is 0.0005. Now the version 0.8.3's lowest fee is 0.0001. 1 million transaction would cost nearly 100 BTC. They can't just disappear. Where are they?
coinprize's user avatar
-9 votes
2 answers
3k views

It is possible to buy litecoins without paying commission?

I can see that I can buy litecoins from btc-e, but they charge a fee. My question is, how are they buying litecoins, i.e. I am assuming they are buying litecoins without paying a fee, and would like ...
oshirowanen's user avatar