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Technical Support / Re: I think we need to fix the fee structure for trading
« on: October 23, 2015, 05:44:18 am »
Agree
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1 USD fee is not expensive if the order is filled. And 5 cent fee is expensive if the order is not filled.The trading fe is about 5 US cents atm which NO trader cares about! Traders have 0.1 % upwards on the volume of their trades (roughly) on centralized exchanges. On the other side these fees can be a substantial income stream to fund development.
Plus there is the subjective perception that things only have value if the cost something.
So it is clear to me that lowering fees, especially trading fees, has more cons than pros.
5 cents for "filled order" is reasonable. But for "unfilled order" seems expensive. As a trader, I care about the fee...
Im happy for you.The team ignore that the biggest user experience is like things making migration easier, notifying exchanges when upgrade.
We might have been sloppy in the past, but have you seen how fast & usable the webwallet is now? Add to that we are finally deflationary!
Good time to buy back in.