Hello. I'm Nakai from fx-on ^^

Anyway, as a trader, just hearing the word "fees" doesn't leave a very good impression... Whether in FX, stocks, or cryptocurrencies, lower trading fees are always better!

So, as of November 2017, we have compiled a list of buying and selling fees for domestic cryptocurrency exchanges!!

◆ Cryptocurrency Exchanges: Quick-Look Buy/Sell Fee Comparison Sheet (2017 second-half edition)

You can download the table in Excel format by clicking it. Please use it. m(__)m

◇ What are Taker and Maker

Taker? Maker? Those fancy terms might sound strange, but the concept should be easy to understand if you've traded FX before.

Taker＝Market order
Maker＝Limit order

Memorizing them that way makes it easier to understand.

However, strictly speaking, the following descriptions are the correct definitions of taker and maker.

Taker= A trade that executes against an existing order on the order book, thereby removing liquidity from the market.
Maker= A trade that places an order on the order book, thereby providing liquidity to the market.

◇ Let's do some calculations in practice

≪Setup≫

→ The price of Bitcoin is fixed at 1 BTC = 1,000,000 yen (a dream price)

→ Fees are [Taker: 0.1%Maker: 0%] let's assume.

Buy Bitcoin worth 1,000,000 yen, then immediately sell Bitcoin to convert back to yen.

≪Buying and selling asTaker(market order) trades≫

First,1,000,000 yen to buy Bitcoin as a Taker.

Fees are 0.1% (1,000 yen = 0.001 BTC) and you can buy0.999BTC.

→ After that0.999BTC sold at market incurs another 0.1% fee (0.001 BTC = 1,000 yen), leaving ¥998,000.

≪Buying and selling asMaker(limit order) trades≫

Fees are 0%, so it's simple.

1,000,000 yen →1 BTC →1,000,000 yen

◆【0円】Trading Fees!! All Cryptocurrencies & Takers/Makers are Free on bitbank.cc!!

What a wonderful promotion.bitbank.cc. "Simple is the best."

For example, Zaif has a so-called "negative trading fee" setup, where you earn fees by placing limit orders, which I think is a wonderful idea.

However, for cryptocurrency traders, the real sentiment is "Calculating fees to trade is a hassle!!"

In trading Bitcoin and other cryptocurrencies, bitbank's removal of the "calculate fees" step shows it understands traders' psychology well.

◇ Only bitbank.cc lets you trade Ripple against yen with a limit order

By the way, the only place you can directly buy Ripple (XRP) with yen at the moment isbitbank.cc.

There is no need to buy Bitcoin just to make a trade.

Conversely, if BTC/JPY is rising and XRP/JPY is falling, it's better to buy the cheaper XRP rather than the expensive Bitcoin.XRPBitcoin.

※Note: There is a caution. The period of this fee campaign is untilJanuary 9, 2018 at 10:00.

◇ Finally, if you'd like to mention bitbank.cc on your own blog, here is the link

bitbank.cc 新規口座開設

https://fx-on.com/asp/if/aff/members/provider/item.php?id=789

(Please register as an fx-on partner (affiliate) in advance) m(__)m