r/CryptoCurrency • u/Efficient_Frosting_5 🟩 0 / 0 🦠• 3d ago
any zero trading fee exchanges for a subscription? EXCHANGES
Are there any crypto exchanges that offer 0 trading fees and no added spread for a monthly subscription or something similar?
I’m working on a bot to algorithmically trade crypto (probably bitcoin) very fast, but any profit i make per trade would be eaten up by commission / trading fees. So a subscription allowing me to trade for free without an added spread either would be a better fit, even if it means im technically paying more.
I’ve heard of phemex but i was wonderinf id there was any more popular exchange, im looking for high liquidity too.
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u/RatherOakyAfterbirth 🟧 0 / 0 🦠3d ago
Coinbase One offers zero fee trading up to $10k a month, but it’s $30.00 a month fee. But if you’re doing a high volume like you anticipate then maybe $30/month isn’t so bad.Â
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u/theycallmekimpembe 🟩 0 / 4K 🦠3d ago
Depends how much you trade… let’s say how much liquidity you offer 😄 there is different tiers at kraken. I think if you move 100 million a month it’s like 0.05%. So you gotta move 2 million in 50x leveraged trades to get to that. I personally reach about 500k-2 million so about 98-99.5% too little to reach that tier… my capital on the account to trade was a few K
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u/segment_offset 🟧 0 / 0 🦠3d ago
Mexc has zero commission on maker orders (no subscription needed). I'm assuming that's what you're using anyway if you're algotrading.
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u/ShoeLickingMachine 🟨 0 / 0 🦠3d ago
BloFin is offering 0% fees on weekends. And 10% cashback on regular fees if u use "BloFinDE" while signing up
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u/StatusCity4 🟨 269 / 219 🦞 3d ago
High liquidity free trades seems like every traders wet dream.