You are viewing a single comment's thread from:
RE: How i turned £140 into £130.22
good post. I'm dealing in small amounts as well and the fees can be an unwelcome surprise, The gains are such that you can still make some money in spite of this.
good post. I'm dealing in small amounts as well and the fees can be an unwelcome surprise, The gains are such that you can still make some money in spite of this.
It seems you are better off moving large amounts rather than lots of smaller ones but i could be wrong
Well if you're just trading as long as the fees are a % of the trade it doesn't matter.
But withdrawal fees are usually fixed and for example Kraken will charge you about 1.7$ to withdraw ethereum, if you only want to withdraw 10$ you'll end up with 8.2$, that's a big difference.
If you wait and withdraw 1000$ then the fee becomes nothing in comparison.
thank you