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Topic: Best exchange for Day/Short term trading (Read 625 times)

jr. member
Activity: 71
Merit: 1
November 19, 2018, 07:48:04 PM
#42
Technically the higher volume traded on a particular exchange can determine you odd of finding your buyer\seller quotas met more frequently.
I myself go to smaller exchanges when ico's that just finished up usually pop up open to trade on the smaller ones before hitting the big one
sr. member
Activity: 1918
Merit: 256
Just.bet - Decentralized On-chain Casino
November 19, 2018, 06:54:09 PM
#41
I move my assets from bittrex to binance, I look for a larger trading volume for my trade. I think the best binance exchange is for daily trading. but at the moment stopping to trade the situation is still difficult.
legendary
Activity: 1526
Merit: 1001
November 19, 2018, 09:03:55 AM
#40
I like to day trading. Maximum time I like to trade on Idex. Idex is low quality but cool exchange site. There are maximum number of people doing trade on binance. Now my question is Which is Best exchange for Day/Short term trading?
There is no exchange specifically used for daily trading. What we have to choose is an exchange that has high quality and level of trust. Because when we do daily trading, the number of transactions that we do will also increase. Avoid using an exchange that has a bad reputation, don't let us lose the assets we have !!
newbie
Activity: 34
Merit: 0
November 19, 2018, 08:58:11 AM
#39
I consider CEX to be the best exchange for short-term trading. I like it for the simple and minimalistic interface, good level of security, and various payment methods available. Plus, it’s one of a few exchanges allowing margin trading (https://cex.io/margin-trading) that can considerably increase your profits. The platform has a high trading volume that shows users’ trust. I also use Binance due to the largest number of cryptocurrencies it provides. Find the place which is the most suitable for you.     
full member
Activity: 448
Merit: 102
November 19, 2018, 05:32:12 AM
#38
I like to day trading. Maximum time I like to trade on Idex. Idex is low quality but cool exchange site. There are maximum number of people doing trade on binance. Now my question is Which is Best exchange for Day/Short term trading?
Go leveraged trading in Bitmex. By leveraging a position, you can get more profit (and potential loss too, remember). You won't have to pay the settlement fee either if you close your position before the settlement happen. Don't worry about engine and volumes, Bitmex has the best trading engine (although it may be not functioning properly during peak session, but can't blame them for that) and biggest volume.
Actually, when it comes to day trading, I will likely prefer a leverage market and in this case, you can always take advantage of both the long and short of the market.

However, margin trading is something that should be cautiously done, considering the fact that you can easily get burned if you do not even have any clue how to trade, have no strategy at all, and you take trading as a gamble. Trading itself is risky and you can lose money, but when it comes to margin market, it is even a lot more risky and you can lose everything totally if care is not taken.
full member
Activity: 518
Merit: 104
PUFFY FINANCE
November 18, 2018, 11:31:42 AM
#37
I like to day trading. Maximum time I like to trade on Idex. Idex is low quality but cool exchange site. There are maximum number of people doing trade on binance. Now my question is Which is Best exchange for Day/Short term trading?
I always prefer BitMex, Bitfinex, and HitBTC in terms of trading coins, and for the latest ones I normally trade on Bibox and forkdelta.
legendary
Activity: 2576
Merit: 1043
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November 18, 2018, 10:11:34 AM
#36
I will choose Binance since it has the highest volume within 24 hours. More volume equals more movement to the coins so you can do short term trading there.

Some exchanges like Kucoin, OKEX, Bittrex and Poloniex are good exchanges too but they have lower 24 hour volume compare to Binance.
sr. member
Activity: 2520
Merit: 280
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November 18, 2018, 09:55:43 AM
#35
I like to day trading. Maximum time I like to trade on Idex. Idex is low quality but cool exchange site. There are maximum number of people doing trade on binance. Now my question is Which is Best exchange for Day/Short term trading?
Which exchange has the less fees are really good for the short and day tradr because when we invest on coins and want to sell at small intervals we need to pay the fee for easch trades so if the fee is more then our profits will be minimzed so pick the exchange with low fee that is the reason most people using binance where the fee is low when compared to other exchanges.
jr. member
Activity: 278
Merit: 1
November 18, 2018, 09:39:51 AM
#34
According to me, Binance is the number one exchange for day trading or short term trading. Cause volume of this exchange is very much on daily basis. Also there have lot of protensial coins for trade. Also for me Cryptopia exchange best for risk taker.
full member
Activity: 644
Merit: 113
November 18, 2018, 08:34:51 AM
#33
Actually, you can now use a platform that shows differences from different major exchanges. This allows you to see how this coins could help you gain profit from this differences. Check out bitsgap and see for yourself. Its good that your trading for short term, this would mean that you don't have to riSK your funds in exchange wallet. After trading it must be consider to immediately transfer it on your own secure wallet. Wallet should be known to be open source so you could see transparency and full control of your funds. You have to choose either electrum, myetherwallet or Hodler wallet which I see good to store in.
sr. member
Activity: 686
Merit: 250
November 18, 2018, 07:03:14 AM
#32
BITTREX, POLONIEX, BINANCE, HITBTC  AND MANY MORE
that four exchange i give to you are best and have reputation that you can get start to use for your day trade or you can visit at this site https://coinsutra.com/best-cryptocurrency-trading-site/ to more about trading job as beginner.
The exchange that you mentioned does have a very good reputation and I don't hesitate to trade on the exchange. For a trader that exchange is very important because this is what will determine whether they can trade comfortably or not. It is worth acknowledging that the more comfortable a trader is in activities, the closer they will be to success in determining the best decision.
jr. member
Activity: 280
Merit: 1
Security and Privacy Features on the Blockchain
November 18, 2018, 07:01:07 AM
#31
If you want to start short term trading. Then you have to choose a high volume and secure exchange. Because of high trading volume you can buy and sell very quickly. That's why you have more chance of getting profits. So I advise you to trade in these two exchange Binance and Bittrex.
full member
Activity: 364
Merit: 123
November 18, 2018, 06:23:00 AM
#30
I like to day trading. Maximum time I like to trade on Idex. Idex is low quality but cool exchange site. There are maximum number of people doing trade on binance. Now my question is Which is Best exchange for Day/Short term trading?

There is no 'one exchange fits all'. Firstly many people can't access certain exchanges because of regulation etc. Secondly everyone has a different trading style with different trading objectives. Personally I like Binance because of the quality of the exchange, the low fees and the large liquidity. But on Idex for example you'll find less volume but there are a broader range of tokens and a lot more lesser known tokens, here you'll probably be able to find a bigger spread than Binance.
hero member
Activity: 1750
Merit: 589
November 18, 2018, 04:51:35 AM
#29
Decentralized exchanges, while great are certainly not ideal for day or short term trading since you need liquidity and fast trades. Something like binance would be much much better, it has liquidity and pretty much instant trades.
If the case is you need liquidity and fast trade then you should go to non third-party exchange like Bancor Network to trade and exchanging tokens. Day trading is risky most of the time but using exchange like bancor with smooth transfer will give you less risk with your asset. This is my preference for day trading and it depends on you and your researches about some leading exchanges.
member
Activity: 133
Merit: 10
November 18, 2018, 03:23:31 AM
#28
I thinh the most comfortable exchange for day/short trading is bitfinex, where you can trade wulith margin and have a professional staff for analysing
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
November 18, 2018, 02:52:48 AM
#27
I think short term trading requires volume and liquidity so I think IDEX will not be equal to Binance. I trade in Binance and hunt cheap altcoin on IDEX.
Yes, if you really want to be day trading or doing short term trading, I believe volume is something you really want to be taking advantage of as well as liquidity and that is one of the reasons why it is always important to take advantage of liquidity in most cases when it comes to trading the market.

A lot of people coming newly into the market tend not to do a proper research on the exchange they want to be trading on, and just pick any exchange without questions and then blame the market for whatever comes out of it. At least, if you do not know an exchange to pick, just make use of the reputable ones, binance, bittrex, bitfinex, and other well-known and well used exchanges.
full member
Activity: 952
Merit: 104
November 16, 2018, 06:51:33 PM
#26
BITTREX, POLONIEX, BINANCE, HITBTC  AND MANY MORE
that four exchange i give to you are best and have reputation that you can get start to use for your day trade or you can visit at this site https://coinsutra.com/best-cryptocurrency-trading-site/ to more about trading job as beginner.
sr. member
Activity: 1479
Merit: 273
Seabet.io | Crypto-Casino
November 16, 2018, 06:17:18 PM
#25
I like to day trading. Maximum time I like to trade on Idex. Idex is low quality but cool exchange site. There are maximum number of people doing trade on binance. Now my question is Which is Best exchange for Day/Short term trading?
Biggest volume from all market i think Binance right, big volume market is good for day trading because price movee very fast. Maybe in past we can see Poloniex, but it is not really popular for now.
sr. member
Activity: 2506
Merit: 368
November 16, 2018, 05:49:16 PM
#24
I will choose Binance for the best exchanges for trading but if you want to choose the other then i suggest that don't put or leave everything of your investment in any exchanges because they might exit scam you then you get back again your crypto if you lost it except to the good and top exchanges.

Do some research to know what exchanges who ranked first for almost traders that they used.
hero member
Activity: 650
Merit: 500
November 16, 2018, 04:50:35 PM
#23
I am really getting tired of all that people that are saying that binance is the best exchange,, why do you think so? Only because all the tokens that get listed in there are pumping? I see no other reason.

Poloniex is a good exchange also, the same for Idax (it's a top 10 exchange)

Kucoin is good too, for daytrading.

Binance would be a good option since it has pretty good volume, and good variety of coins. Last but not the least, its trustworthy.
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