Trade by Trade
Exchange Fees
Deposit Methods
Cryptos (18)
UPDATE 15 March 2021: When trying to access the website of Trade by Trade today, we were unsuccessful. We just received an error message. There was no information on system maintenance or anything similar.
Accordingly, we believe that this exchange has closed down and we have marked it as "dead" in our Exchange Graveyard.
To find a reliable exchange where you can start an account, just use our Exchange Filters and we'll help you find the right platform for you.
Trade by Trade Review
This exchange has Belize as its country of registered address. The tropical wonderland of Belize actually features more than one cryptocurrency exchange. One tough competitor is AlfaCashier.
The platform does not explicitly state that US-investors are prohibited from trading. Accordingly, we do believe that US-investors can trade here. But, as always, US-investors should perform their own analysis of any issues arising from their residency or citizenship.
As advantages with this trading platform, the trading platform itself states that it is easy to use, it has some helpful trading tools (buy now tool, conditional buy, etc.), you can margin trade, fees are low and finally it’s secure and reliable. These are all advantages that we believe that an interested crypto trader would like to have at his/her platform.
Trade by Trade Trading View
Different exchanges have different trading views. And there is no “this overview is the best”-view. You should yourself determine which trading view that suits you the best. What the views normally have in common is that they all show the order book or at least part of the order book, a price chart of the chosen cryptocurrency and order history. They normally also have buy and sell-boxes. Before you choose an exchange, try to have a look at the trading view so that you can ascertain that it feels right to you. The below is a picture of the trading view (from the exchange’s own educational material, showing the various steps etc.) at Trade by Trade:
Trade by Trade Fees
Trade by Trade Trading fees
The fees at Trade by Trade are what we call flat fees, meaning that makers and takers are charged the same fee. The fees here are 0.50% for both takers and makers. This is clearly above the industry average, which has historically been around 0.25%. Today, however, we see more and more exchanges moving towards even lower trading fees such as 0.10%. So in comparison with this, 0.50% is even more above the industry average.
Trade by Trade Withdrawal fees
The trading platform charges a withdrawal fee amounting to 0.001 BTC when you withdraw BTC. This is in line with the global industry average, albeit slightly on the high end. Compared with the other exchanges registered in Belize, this withdrawal fee is however quite high.
Deposit Methods
This exchange does not accept any deposits of fiat currency. This means that new cryptocurrency investors (i.e., investors without any previous holdings of cryptocurrencies) can’t trade here. In order to purchase your first cryptocurrencies, you need a so called entry-level exchange, which is an exchange accepting deposits of fiat currency. Find one by using our Exchange Finder!