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      "permlink": "world-s-top-5-cryptocurrency-exchanges-with-the-lowest-fees",
      "title": "World’s Top 5 Cryptocurrency Exchanges With The Lowest Fees",
      "body": "**No one likes paying fees right?**\n\nIt was one of the most appealing reasons to get into cryptocurrency personally and I think it is a driving factor for a lot of people. I was looking at some of my bank fees the other day and I can’t believe that **they charge me $15 a month just to hold my money!!!**\n\nIs that crazy to anyone else? They are holding my funds, making money off of the investment, and giving almost nothing back in interest. Regardless of who you bank with, you will run into some fees. The same can be said about crypto, but the fees are generally lower. \n\nI put together my top 5 exchanges with the lowest fees for 2017. \n\n\nI have traded on all of these (except Poloniex) and I know they are solid platforms.\n![](https://steemitimages.com/DQmX9sLgyaPmpGTa4QVXJqHJfjQyLBeMWoyNuAnCp18tKok/image.png)\n\n\n## Lowest Fees / Trusted Exchange\n\n### GDAX —\n\n While GDAX only focuses on the big 3 (Bitcoin, Ethereum, Litecoin), the fees are a standard 0.25% taker & 0% maker type structure. The advantage that I give to GDAX is that it is connected to Coinbase which gives you some great ease of use in transfer of funds to an exchange account with no fee at all.\n\n### CEX.io — \n\nThe UK based CEX.io makes the list because while most of the exchanges here have a standard fee of 0.25%, CEX.io only charges 0.20% per trade! That combined with a solid user interface make it a winner in my book.\n\n### Poloniex —\n\n One of the most popular exchanges, Poloniex offers a ton of coins to trade and is built on rock solid technology. They have a 0.25% taker & 0.15% maker fee. This is the only exchange out of my top 5 I don’t have any experience trading on though\n\n### Kraken — \n\nMy California favorites! This exchanges platform is a little more complicated to figure out, and while their fees are slightly higher then the rest (0.26% taker/0.16% maker) they are a trusted platform and if you do some decent volume of sales you can get those fees reduced a lot.\n\n#### Bittrex — \n\nAnother big US player in the exchange market is the Las Vegas based Bittrex. They have an across-the-board 0.25% fee for trading and do a ton of volume.\n\n\n#### Comment Down if you know any better exchange :) \n#### Upvote and resteem it if you found it helpfull",
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      "body": "Cann’t agree more!\nThe most difficult things are\n- picking the currencies you believe in cause there are so many of them\n- keep your calm and don’t be afraid\n- daring to invest when the market bleeds",
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      "title": "",
      "body": "Thanks @michaelstobiersk (",
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      "body": "Thanks @realmeandi :)",
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      "body": "Thanks :)  @livenowandwow",
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      "body": "Yup man, feels bad when newbies don't understand the basics of crypto and end up loosing money :/",
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      "body": "So damn right !",
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      "body": "it is nice!!\nTaken with?",
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      "parent_permlink": "cryptocurrency",
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      "body": "![](https://steemitimages.com/DQmWDDCFCXQaKAbaBocFbxFcCr2KxaFWRe6K7UASSYDRePC/image.png)\n\nIs this your condition right now?\n\nThen, here are my few cents which can help you from loosing your hard earned money.\n\nAlmost six months ago I flipped 1 of my site, had a good amount of money(30k$). \n\nSo I was looking for some potential domain to invest it. \n\nBefore I had few Bitcoins(I got them as client payment) and it was performing well. So thought to enter into the crypto world, So I invested almost 70% money I got from flipping my site in buying BTC. \n\n\nAt that time NEO gaga was there because it went from 5$ to 48$. From Reddit to Twitter, everyone was talking about it that NEO is future(like a few days ago everyone was behind ripple), I had a little knowledge in crypto at that time so thought to follow the trend & give it a try. \n\nOn 15th Aug 2017, I moved 50% of my portfolio to NEO when it was ~48$. \n\nBoom from very next day the party started. \n\nThe graph started declining, in next two week(sept 1st) it went to 30$. Again in next two week (sept 15), it touched the 15$ mark. \n\nI was almost crying at that moment because the money I invested meant a lot to me. \n\nI was about to sell all of my NEO, Luckily at that moment someone suggested me not to told “HODL”. \n\nI asked him what does it mean? Then he described how vital HODL is in crypto world. \n\nConvinced me not to sell my NEO. And almost five months passed I am still HODLing that, and the result is here.\n\n![](https://steemitimages.com/DQmeuRraGTxmTTN96PLR6BQmDWf9WSzkXWU27HZn6BZXnRf/image.png)\n\nIf you are new in Crypto & don’t want to bleed your money, you need understand this graph. Thanks to Sachin Jain for sharing this-\n\n![](https://steemitimages.com/DQmX9iUuPzt6V2oZjwp7djqJEddL2Vz8jRFZgbnQ7Ds6TV1/image.png)\nThe point is straightforward. But very difficult if you don’t change your mentality. If you don’t change your thinking..you will keep chasing experts every day without learning much.\n\nThe black color is the whales (the controllers of the market), and red color are the noobs/small traders. They keep doing the opposite things.\n\nA couple of days back: Most of the noobs were worried that BTC is not moving and only alts are moving. Is this the end of BTC? Shall I sell my BTC and move to alts?\n\nToday: I bought this alts at ATH and now since BTC is running…my alts are bleeding. BTC is the king..shall I sell my alts and move them back to BTC?\n\nAgain BTC’s growth will halt…whales will move to alts and when the alts start moving..the noobs will again sell their BTC & go back to alts…\n\nThis goes on repeating.\n\nAfter few days you will lose all your satoshis and cry about it.\n\nAlthough Cryptos are most returns giving domain. But only a few people will make money rest all will be REKT. Don’t chase green candles, track the red ones. If you are trading like a puppet,\n\nSTOP trading right away.\n\nIt’s okay.\n\nTrading is not everyone’s cup of tea.\n\nInvest in some good projects and HODL them that’s it.",
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