Exchanging currencies, whether crypto to crypto, fiat to cryptocurrencies or vice-versa, is now easy as never before. When selecting the exchange to be used in the crypto space, the options are endless. However, there are some certain characteristics needed to be considered before going ahead with the selection. One of those very important features is the trading fees.
Bitcoin’s price isn’t the only thing soaring to big levels. According to data by BitInfoCharts, some traders are currently paying $28 on average to make transactions using the digital currency. Users of cryptocurrency exchanges like Coinbase incur such transaction fees when transferring money to an external bitcoin address.
While the increasing Bitcoin transaction fees are proving to be profitable for miners as a reward for solving the complex cryptographic puzzles in adding transactions to the blockchain, traders have been finding it difficult to cope with the unbearable steady increase in transaction fees.
Navigating the fees issue is not simple and doing the comparison takes time. PCEX is a high-caliber crypto-exchange with numerous features that will deliver a profit-conducive and secure trading experience. PCEX hopes to alleviate many of these pitfalls through a well-planned, secure and user-oriented platform.
While Bitcoin and Altcoins have emerged as the most profitable asset-class of 2018, market volatility and fees that cut into profit margins have restrained many traders. Panaesha Capital’s PCEX offers high-end crypto-trading services at just 0.05% on any trade in the intraday and derivative markets, and 0.5% in the cash or delivery market. PCEX’s fees are unparalleled in the market.
PCEX has a unique approach of bringing traditional trading techniques to the high-tech cryptocurrency market by adding a layer of brokers and sub-brokers to the crypto-exchange. The broker channel is designed for round-the-clock personal assistance to the users, and a layer of security for the exchange. Users will not be charged any additional brokerage fees for sub-broker assistance.