Exchange Fees Research Report
Added 2021-12-29 21:55:10 +0000 UTCLatest Research Report! I saw many people expressing their frustration that crypto exchange fees are too high so we took a look at 40+ exchanges to find who has the best mix of fees/discounts. Enjoy!
Comments
Max, I believe BlockFi has hidden spread fees. I have an account there that I've been using for the Stable coin interest, but recently I decided to use it to buy into the dip. I have noticed that the price of the coin is much higher on BlockFi vs what I see on trading view for other exchanges. I figured maybe they just have real low liquidity? But then tonight I did a test. And I started both a buy order and a trade order and both of them were way off the mark compared to others. And not in the same direction, but rather in the direction that benefits Blockfi. Buying BTC I was quoted several hundred more than other exchanges. And Selling the Price was several hundred less than the actual going rate. I'll post my screenshots in the discord, you can dig them up there if you want to see more.
2022-01-21 06:56:47 +0000 UTCThanks
2022-01-04 00:47:14 +0000 UTCGreat, thank you. I was just thinking of creating something very similar as a Notion db to help me sort this stuff out. Really appreciate the work you did pulling this together.
2022-01-03 16:46:24 +0000 UTCWith blockfi thou, the spread from other exchanges is huge, plus their selection of coins is limited?
2022-01-03 00:27:13 +0000 UTCIf you want to email me I can forward it to them directly to try and get you more assistance!
2021-12-30 20:16:31 +0000 UTCHero! Thanks Max
2021-12-30 20:14:53 +0000 UTCA quick update. Please re-consider if you are looking at moving your assets over to Blockfi. Today, they have blocked me three times using a photo verification excuse for moving my assists to another exchange. They have been doing a bit more lately and today they hit me three times (something supposed to be random). The customer support individual admitted that it looked very shady as the transfers were scheduled for today and they used the photo verification process as an excuse to now not send them till January third. I have never worked with a company that photo verifies so much. She admitted there is nothing suspicious about my account and we put a lot of money into it. She agreed it looks very suspicious. Please be careful with them as they have been doing this more and more, stalling transfers. Caveat Emptor folks.
2021-12-30 17:57:48 +0000 UTCsad that Voyager isn't on the list
Kevvv
2021-12-30 13:32:06 +0000 UTC
