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Topic: Best exchange for Day/Short term trading - page 2. (Read 601 times)

hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
November 16, 2018, 01:39:30 PM
#22
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?
If you are interested in day trading then your best option is by far to trade in an exchange that has a lot of volume, that way you will be able to sell your coins with no problem, you also need to look for an exchange that has many pairs that way you will have more options to trade and to make money in the short term, if I were you that is what I would be looking for.
member
Activity: 238
Merit: 12
November 16, 2018, 07:44:25 AM
#21
Binance would be a good option since it has pretty good volume, and good variety of coins. Last but not the least, its trustworthy.
copper member
Activity: 27
Merit: 0
November 16, 2018, 07:23:10 AM
#20
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?

It depends on how many assets you want to trade. If a lot I think Binance is very good option, and HitBTC is not bad. If you want to trade only top-assets (BTC, ETH and something else) you can go to BitMEX or BitSeven.
full member
Activity: 602
Merit: 103
November 16, 2018, 06:54:41 AM
#19
Now my question is Which is Best exchange for Day/Short term trading?

If you want to day trade, you must go for the exchange with high volume so that your orders would be hit faster than low volume exchanges. Bad thing is they didn't allow as many coins as DEX's and the fees are pretty high.
hero member
Activity: 2660
Merit: 651
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November 16, 2018, 04:46:22 AM
#18
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 alot of crypto currency exchanges site which are good for day trading, what you just need to do is stick the one you know how to use best because crypto day trading have to deal with timing and any slide mistake could cause alot. However, I personally like binance but Idex is the exchange you know how to use bext stick to it.
member
Activity: 180
Merit: 12
SecondBTC - Trade and Earn
November 16, 2018, 04:17:45 AM
#17
We have not listed to many coins but you can pick our exchange also for trading
jr. member
Activity: 168
Merit: 1
November 16, 2018, 03:33:57 AM
#16
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.
hero member
Activity: 1708
Merit: 541
November 15, 2018, 07:39:04 AM
#15
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.
full member
Activity: 644
Merit: 100
November 15, 2018, 07:13:06 AM
#14
I like Bitfinex for the day trading. They have interesting types of orders like OCO and trailing stop.
jr. member
Activity: 185
Merit: 3
November 15, 2018, 06:41:28 AM
#13
Binance would do all your needs already. You got your trading tools there, that could help you tell the margins, Technical Analysis, in short. Although searching for other exchanges would also help you because rates vary sometimes, I am just stating what could be the most relevant exchange to choose right now. Day trade or even a long-term holding would do in Binance. Go give it a shot.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
November 15, 2018, 06:31:18 AM
#12
I think Binance is better although I have not been trading for a while now but because of the higher liquidity and also the API options that it offers it makes this exchange better for faster day trading. because you usually want to use some sort of automation (like a trading bot) for it and having a good API is an important matter.
but if that is not the case for you then stick to the biggest exchange according to daily volume and also based on how trusted they are.
full member
Activity: 868
Merit: 100
Proof-of-Stake Blockchain Network
November 15, 2018, 06:15:20 AM
#11
Every exchanges are same for me their prices no longer to change of every coins maybe the volume can change if traders pick different exchanges site.
hero member
Activity: 980
Merit: 506
November 15, 2018, 05:53:35 AM
#10
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?
Whatever trading platform you are making use of or whatever style of trading you have decided to choose, I believe one of the major things you need is liquidity which is one of the things that is always hard to find with decentralized exchanges and the decentralized exchanges we have now pretty much restricts you to only the trading of ERC20 tokens, so what is the point really? If you want to enjoy trading, either intraday, short term, long term, or whatever, to me, the centralized exchange is still the best bet for now and in that case, when it comes to other interesting features, i will always be going for binance.
sr. member
Activity: 896
Merit: 253
November 12, 2018, 12:58:42 AM
#9
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?

Since Binance has almost every volume of the world then you should try there because all the coins that may pump only for a short time.
full member
Activity: 644
Merit: 101
November 12, 2018, 12:03:01 AM
#8
For beginner trader i recommended to trade in Gate.io because they listed alot of potential coin with trading pair USDT, Gate.io also added feature of price condition that we can use to setting stop loss and sell limit at the same times, other exchange that have this feature is Bitfinex but they required minimum deposit $10k, so Gate.io is other option for good exchange.
member
Activity: 476
Merit: 10
November 11, 2018, 10:33:05 PM
#7
In day trading we have to setting and use stop loss to avoid huge loss when the price dump,  I was trade in idex but because in this exchange  no feature of stop loss so make me loss more than 50%. Since that,  I prefer to use Binance because available  feature of stop loss. Crypto market open all the times without close and we not possible to see the price movement all the times so use stop loss is important.
jr. member
Activity: 43
Merit: 3
November 11, 2018, 09:39:02 PM
#6
Bitexlive is the best exchange for trading
jr. member
Activity: 275
Merit: 1
https://customcontract.network
November 11, 2018, 05:53:59 PM
#5
I have done a centralized exchange and the results are satisfactory, you can do it in binary with an amazing trading volume that will provide 2-5% profit per transaction but continuously and this promises
legendary
Activity: 1789
Merit: 1008
Keep it dense, yeah?
November 11, 2018, 05:48:13 PM
#4
Back in the day I would have said go with BTC-e - their trading volume was OK, but their order books had some crazy swings. Particularly on the non-USD trading pairs.

I miss those days.
copper member
Activity: 2114
Merit: 1813
฿itcoin for all, All for ฿itcoin.
November 11, 2018, 05:34:31 PM
#3
The higher the 24 hour volume of an exchange, the better so i would go with
1. Binance
2. Kucoin
3. Huobi
4. OKex
the added advantage of these exchanges is either the reduced trading fees or the profits you share when you buy and hold their tokens the Binance con, Kucoin shares, Huobi Token etc

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.

You are so right about this, Decentralized exchanges are not really a thing at the moment for most coins?tokens
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