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RE: Zero HIVE

in HODL4 years ago (edited)

I was able to pick it up for around 1% fees without substantially moving the price. If you go for larger quantities, your purchase spread goes up almost in direct relationship to your fee cost going down since it's illiquid and you're having a greater impact on price, so it's really a catch-22. It's not like trading on Bittrex, with their .25% fees, but, if you work it, you can get the job done with only 2.5%-3% cost slippage. And if you're going at it with a fairly longer term plan, that's acceptable, in my opinion, for something speculative like this. Thirty bucks for every thousand invested isn't that bad.