making profit does NOT depend on the platform or its liquidity unless the liquidity is too low that the market is considered dead.
making profit for a trader ONLY depends on their experience in riding the market and nothing else. you only want a liquid-enough market so that it can eat up your orders without changing the price and that is true about most top exchanges and is not exclusive to Binance only.
Topic: Binance traders are making more money than other traders - page 10. (Read 10594 times)
I just published a study which explores how Binance traders are making more money than traders on other exchanges.
https://blog.shrimpy.io/blog/exchange-liquidity-a-comparative-study
I'm happy to answer any questions about the study.
Not only it is because there is more volume on binance but also fee is lower than anywhere else, definitely more than their biggest rivals. If you do enough trading eventually the trading fee makes a lot of difference combined. https://blog.shrimpy.io/blog/exchange-liquidity-a-comparative-study
I'm happy to answer any questions about the study.
For example, bittrex has 0.25% trading fee flat, no maker taker type of deal which means if you do 4 trades in general you give away 1% of your money right away. Whereas binance has a 0.1% fee structure if you use bnb for your trading fee and that makes it 10 trades before you reach to 1% given away. That means you can do 6 more trades for free on binance compared to bittrex.
Now that doesn't mean you will definitely profit in one of them and lose on the other but like I said earlier if you do enough trades the difference becomes bigger and bigger over time and eventually becomes visibly large.
I just published a study which explores how Binance traders are making more money than traders on other exchanges.
https://blog.shrimpy.io/blog/exchange-liquidity-a-comparative-study
I'm happy to answer any questions about the study.
https://blog.shrimpy.io/blog/exchange-liquidity-a-comparative-study
I'm happy to answer any questions about the study.
This isn't at all surprising given the high volume on Binance, there's just more scope for profitability. Couple that with an attractive fee structure compared to some competitors.
You mean Binance has a Trading volume larger than any other exchange?
I just published a study which explores how Binance traders are making more money than traders on other exchanges.
https://blog.shrimpy.io/blog/exchange-liquidity-a-comparative-study
I'm happy to answer any questions about the study.
The trading platforms won't give any big profits to you so we can't say the traders from the exchange are making more profits than others.The one who can buy and sell at the riht time will make more profits and one who can predict that before it happens are more lucky. https://blog.shrimpy.io/blog/exchange-liquidity-a-comparative-study
I'm happy to answer any questions about the study.
I just published a study which explores how Binance traders are making more money than traders on other exchanges.
https://blog.shrimpy.io/blog/exchange-liquidity-a-comparative-study
I'm happy to answer any questions about the study.
https://blog.shrimpy.io/blog/exchange-liquidity-a-comparative-study
I'm happy to answer any questions about the study.
This isn't at all surprising given the high volume on Binance, there's just more scope for profitability. Couple that with an attractive fee structure compared to some competitors.
I just published a study which explores how Binance traders are making more money than traders on other exchanges.
https://blog.shrimpy.io/blog/exchange-liquidity-a-comparative-study
I'm happy to answer any questions about the study.
According to the chart, it is just as you say but the number is not much difference than what they spend. I think the problem here is that Binance's low transaction fees make it a little bit better than Bittrex. In addition, there is nothing remarkable. https://blog.shrimpy.io/blog/exchange-liquidity-a-comparative-study
I'm happy to answer any questions about the study.
Every exchange has its very own peculiarities that makes it different from others,and this are in diverse areas
Talking about earning additionally,i really can't come to grasp with that,and considering the fact that I've traded with binance and still do
Just like someone ahead states,the link takes up out and it's long,an abridged version on this thread would enable us to act upon your statement
Talking about earning additionally,i really can't come to grasp with that,and considering the fact that I've traded with binance and still do
Just like someone ahead states,the link takes up out and it's long,an abridged version on this thread would enable us to act upon your statement
How about posting a summary of what you blog says. I tried to click the link that you posted but upon looking at your blog post its too long. Much better if you can post a summary here so other readers will have an idea what you are talking about and they will visit you blog. There are people who doesn't like being routed to another site or clicking links that will you to another site.
I agree with you. The author should describe his research in this thread. I trade on Binance and I am especially interested in what makes me earn more on this exchange. Maybe due to the fact that they trade in a pair with BNB and pay a minimum commission?
How about posting a summary of what you blog says. I tried to click the link that you posted but upon looking at your blog post its too long. Much better if you can post a summary here so other readers will have an idea what you are talking about and they will visit you blog. There are people who doesn't like being routed to another site or clicking links that will you to another site.
I just published a study which explores how Binance traders are making more money than traders on other exchanges.
https://blog.shrimpy.io/blog/exchange-liquidity-a-comparative-study
I'm happy to answer any questions about the study.
https://blog.shrimpy.io/blog/exchange-liquidity-a-comparative-study
I'm happy to answer any questions about the study.
Jump to: