Quick Bit Interview with Bobby Cho Director of itBit.
itBit the Global digital crypto currency exchange is not for USA customers yet until more clear guidlines.
Unlike other exchanges, itBit charges no withdrawal or deposit fees, so the only fees you pay are trading fees.
We use a “maker-taker” model which means you only pay fees if you hit a price, and you accrue credits against future trading fees if you are the price being hit. Therefore for some trading styles, it is likely that you will trade for free on itBit. This model achieves a low average trading price for itBit customers.
Fees are based on your trade volume (in Bitcoin) for the last 30 calendar days and are charged on a per-trade basis. The more you trade, the cheaper it becomes.
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