Many users know about zero-fee exchanges but it is important to know the best zero-fee exchanges and that is why I have researched two great exchanges for you and I hope you will like them. So if you go to any exchange to buy, sell or exchange then they charge fees because this is the income source of that exchange which is fair But you know exchanges like hitbtc eat most of your crypto by taking heavy fees. What happens when your funds trap in this type of exchange? There will be no easy way to go out of this trap.
I have faced a similar issue in this exchange. That time the fee was almost 30%. Now I don't know how much they are charging for trade. I got the airdrop money from byteball and I have sent it to hitbtc exchange I have paid almost 30% to get out that crypto fund. If you are not a regular trader or you are a beginner so in the initial stage you don't care about the fees. But when you become a serious investor/trader then you start paying attention to minimize the cost so that you can see more profit in trading.
Also, this is part of your money management strategy which is fair. Everyone has a right to save the money. So here I have 2 zero-fee exchanges to share with you. And I hope you will like it.
WOO X Exchange | No Fees On Spot And Futures Trades
Somewhere you may be heard the name of this exchange. This exchange is supporting 90 Spot Markets and 71 Futures market pairs which is a good number. This is not a very popular exchange because it is a less know name. Woo team has both centralized and decentralized exchanges. It was not available for the retail investors but now they are targetting retail investors as well as the big investors (institutions).
Also, they are providing advanced trading tools which are used by professionals. Here are some free features that you should check :
- Order entry for pros
- Price ladder
- Manage & trade all of your futures and spot positions in one place.
- Cross-collateralization
Deribit Exchange For Free Spot Trading
Deribit has been around here for many years and this thing makes deribit a trusted and reliable exchange. It was known as a derivative crypto platform but now they are in spot trading as well and somewhere they are successful in this. This exchange has limited pairs for free trading and the pairs are below :
ETH/BTC
BTC/USDC
ETH/USDC
It seems like deribit walking on the same path as bybit. The case is similar because bybit started as a derivative crypto trading platform and now it is the alternative to Binance but it is not popular as Binance which is a fact. Deribit is supporting mobile app for Android and iOS and the mobile audience is huge.
Spot trading is the most popular and that is why handling spot trading queries is a difficult task.
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Anyway, there is another exchange that names MEXC that also has 0% Spot Maker and Taker Fees as well as the features like the Lowest rate in the market, a joining bonus of up to $1000, multiple languages support, Buy/Sell Crypto with Fiat currency ( Credit/Debit card, Bank account and more) and Mobile apps are making this exchange great so you can also try it.
We trust big exchanges and sometimes these big exchanges run a promo the promo is zero fees trading and it is just available for a limited time. It is better to use permanent zero-fee exchanges. You are trading for some time which is still fine but says no to long-term holding in any centralized exchanges. Because in the end centralization is a risky thing. If there is no decentralization then there is no cryptocurrency.
I hope this will be useful for regular traders as well as occasional traders. Don't forget to share and reblog this post. And if you have any zero-fees exchange suggestions then share them in a comment section.
Thank you, everyone.
Lucky Ali
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| Hi I am lucky ali from gujarat, india. I am crypto enthusiast, blogger and SEO developer. I always interested to learn new things and getting new experience. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring, Thank you hive family ♥ |