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Topic: Do you daily withdraw coin balances from the exchange(s)? (Read 2624 times)

sr. member
Activity: 742
Merit: 253
When you do day to day trading, do you withdraw your coin balances from the exchange(s) at the end of the day? Since sending it back and forth, to e.g. a Nano S Ledger, everyday will also involve transaction costs and extra effort.
When i do trading i didn't withdraw it everyday i withdraw it once a week. To save for transation fee its high if i do it everyday i waste my money so i do it weekly to save more and earned more of my profit.


you think very clever thinking, if we make a withdrawal every day of course we will run out of profit on the problem of transaction costs,Other than that if you can hold it in every week withdrawal, profits in the can be bigger and feel sweet, good side we can withdrawal cost fee transaction
hero member
Activity: 910
Merit: 507
When you do day to day trading, do you withdraw your coin balances from the exchange(s) at the end of the day? Since sending it back and forth, to e.g. a Nano S Ledger, everyday will also involve transaction costs and extra effort.
When i do trading i didn't withdraw it everyday i withdraw it once a week. To save for transation fee its high if i do it everyday i waste my money so i do it weekly to save more and earned more of my profit.
sr. member
Activity: 612
Merit: 250
Definitely not daily, but when I make some profit, from time to time, yes, I withdraw part of my funds. It's safer that way cause you know, exchanges fall.
here is same situation its all about profit when i make profit on that time withdraw my balance. and when i need money on that time i sell my bitcoin and withdraw my money we should keep small amount of money in exchange because exchanges are more risky than wallet.
legendary
Activity: 1050
Merit: 1001
I don't believe in any exchange.whenever i need to trade i just trade got profit and withdraw all my money.for exchange same exchange and withdraw money.I always put small amount on exchange for trade.keep all of my bitcoin in my wallet.holding bitcoin in an exchange very risky.
Doing online business always has a risk and lack of trust it is a normal thing.
So the question now is about are you willing to risk whatever the amount you put on an exchange?
If you really don't trust any exchange then you might will have a busy days to keep moving any coins from an exchange to your personal wallet , even 24/7! Think about to solve it.
hero member
Activity: 3080
Merit: 603
When you do day to day trading, do you withdraw your coin balances from the exchange(s) at the end of the day? Since sending it back and forth, to e.g. a Nano S Ledger, everyday will also involve transaction costs and extra effort.
No, I'm not withdrawing all of my balance from exchanges. What I do is that I'm just letting it stay on my wallet and just do nothing. I'm giving a timeframe for somehow like 1 week before putting it to my cold storage. It's hassle and very expensive to do daily transfer because of the fees.
Most of the exchange platforms were quite good and trustable. For the same I used to hold limited funds into exchange websites for all my trading requirements. Only the long term holdable funds were placed into the cold storage and necessary amount for regular transactions on the web wallets.

Yes, in fact that I'm using a web wallet and I've got some bitcoins there staying. I really don't want to withdraw daily but there are times that I need to cash out and sell my bitcoins. And if there's really no choice I'm doing bulk transactions if there's a need for it. Even that is going to cost me a lot of fee, I really don't mind if it's a rush.
hero member
Activity: 821
Merit: 501
I don't believe in any exchange.whenever i need to trade i just trade got profit and withdraw all my money.for exchange same exchange and withdraw money.I always put small amount on exchange for trade.keep all of my bitcoin in my wallet.holding bitcoin in an exchange very risky.
hero member
Activity: 1120
Merit: 507
When I do trading I usually make 2-3 hours and get the income around 3-40% but when it is loosing I tend to make it long like 2-3 days max if it doesn't hit my mark I'm withdrawing
For me it depends on the exchange I am trading and the coins I am trading, if I am trading dogecoins I know nothing technically wrong would happen and then I see the site, if it's something like poloniex I never withdraw unless too big to keep there, while if its some site like coinexchange or cryptopia I usually withdraw after the exchange, please note I mean no disrespect to those exchanges, its just my personal feeling and I have the right to express it Smiley
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
Definitely not daily, but when I make some profit, from time to time, yes, I withdraw part of my funds. It's safer that way cause you know, exchanges fall.
If you're earning small amounts evreryday then it would be logical to accumulate first all your earnings for a week before withdrawing. This is to avoid big withdrawal fees to slowly gnaw at your earnings. At the end of the month you will see the difference of withdrawing daily against withdrawing with every once in a while
sr. member
Activity: 532
Merit: 250
When you do day to day trading, do you withdraw your coin balances from the exchange(s) at the end of the day? Since sending it back and forth, to e.g. a Nano S Ledger, everyday will also involve transaction costs and extra effort.

There is a trade off between convenience of storing coins on an exchange as well as the security of your funds. Sometimes you want to have fast trading times, so you don't want to wait for transactions on the actual bolckchain or to sync your wallet at all, as it can be quite a heavy process to go through. I personalyl would rather pay the fees to know that my funds are 100% safe outside of the control of any centralized entity as i believe that this is what bitcoin and cryptocurrencies in general was built for, but potentially you could store small amounts that you can afford to lose on trusted exchanges.

You might ask why are we bitcoiners so anal about storing btc on an exchange? Mt Gox, cryptsy and now poloniex is the answer.
newbie
Activity: 42
Merit: 0
Definitely not daily, but when I make some profit, from time to time, yes, I withdraw part of my funds. It's safer that way cause you know, exchanges fall.
hero member
Activity: 1260
Merit: 524
I am following the limit of keeping coins and bitcoins in the exchange as i dont want to take risk, when ever i am in profit above the daily limit i just go for withdraw at the end of the day. but for some altcoin i deposited whole coins which i am holding as when trading with high volume coins with less margin for that i have to keep all coins .
legendary
Activity: 882
Merit: 1000
Most of the exchange platforms were quite good and trustable. For the same I used to hold limited funds into exchange websites for all my trading requirements. Only the long term holdable funds were placed into the cold storage and necessary amount for regular transactions on the web wallets.
Yes, this is what practically a trader will be able to follow. Because when we are not trusting an exchange we may need to withdraw funds out of them daily. But why we need to stick with them when we are having multiple choices for any kind of trading/trading pairs.

By considering the high transaction fees and fluctuations, I guess no trader will afford to withdraw and deposit back on daily basis. It might lead to extra hassles other than what we are facing with technical analysis which are alone essential for trading.
hero member
Activity: 2618
Merit: 548
SecureShift.io | Crypto-Exchange
When you do day to day trading, do you withdraw your coin balances from the exchange(s) at the end of the day? Since sending it back and forth, to e.g. a Nano S Ledger, everyday will also involve transaction costs and extra effort.
No, I'm not withdrawing all of my balance from exchanges. What I do is that I'm just letting it stay on my wallet and just do nothing. I'm giving a timeframe for somehow like 1 week before putting it to my cold storage. It's hassle and very expensive to do daily transfer because of the fees.
Most of the exchange platforms were quite good and trustable. For the same I used to hold limited funds into exchange websites for all my trading requirements. Only the long term holdable funds were placed into the cold storage and necessary amount for regular transactions on the web wallets.
hero member
Activity: 3080
Merit: 603
When you do day to day trading, do you withdraw your coin balances from the exchange(s) at the end of the day? Since sending it back and forth, to e.g. a Nano S Ledger, everyday will also involve transaction costs and extra effort.
No, I'm not withdrawing all of my balance from exchanges. What I do is that I'm just letting it stay on my wallet and just do nothing. I'm giving a timeframe for somehow like 1 week before putting it to my cold storage. It's hassle and very expensive to do daily transfer because of the fees.
newbie
Activity: 6
Merit: 0
When I do trading I usually make 2-3 hours and get the income around 3-40% but when it is loosing I tend to make it long like 2-3 days max if it doesn't hit my mark I'm withdrawing
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
Of course not, I do not withdraw funds from the exchange every day and there will be a fee for it, because to earn profit every day it is not easy for me, just felt enough and needed, then I will pull it but not all funds I pull, I will leave some of my funds in case I want to buy altcoin. But it is not good to also keep funds long enough in exchange
It's true because we do not know what issues in the exchange market will happen in the future, when we need money, we even have to face problems and delayed. Investment is important but do not hold too long your funds in exchange markets.


Fee is the main enemy of the traders out there and thats why in my case I do my withdrawal on weekly basis so that Fee will not hurt me so much, But if there's certain emergency happens and no choice to get well I will surely withdraw my Funds whatever day it is.

And don't make  your balance sleep for so long on exchanger since their are some issues of hacking or exchanger site running so better do some frequent withdrawal and don't ever miss to do it on weekly or even monthly basis.
hero member
Activity: 910
Merit: 512
Of course not, I do not withdraw funds from the exchange every day and there will be a fee for it, because to earn profit every day it is not easy for me, just felt enough and needed, then I will pull it but not all funds I pull, I will leave some of my funds in case I want to buy altcoin. But it is not good to also keep funds long enough in exchange
It's true because we do not know what issues in the exchange market will happen in the future, when we need money, we even have to face problems and delayed. Investment is important but do not hold too long your funds in exchange markets.
sr. member
Activity: 882
Merit: 251
I dont usually do daily withdraw coin from the exchange. If I have high balance from the exchange I withdraw then transfer to fiat currency. Because if I do withdraw daily Im lose with the transactions fees that some exchange collect high fees.
sr. member
Activity: 420
Merit: 250
I'm not. Because in night time, sometimes altcoin are rising up and you may missed them if you do withdraw everyday. I withdraw only when I need my money or just want to make my money safe with transfer it to different wallet.
That is right to keep some money for any opportunity in our exchange wallets as if we will not do like that then we will not be able to get the money faster in our exchanges because of transaction timing. So we may miss some opportunities when a sudden pump occur or suppose we want to sell immediately then we will have to wait for the transaction to complete.
hero member
Activity: 742
Merit: 515
Of course not, I do not withdraw funds from the exchange every day and there will be a fee for it, because to earn profit every day it is not easy for me, just felt enough and needed, then I will pull it but not all funds I pull, I will leave some of my funds in case I want to buy altcoin. But it is not good to also keep funds long enough in exchange
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
When you do day to day trading, do you withdraw your coin balances from the exchange(s) at the end of the day? Since sending it back and forth, to e.g. a Nano S Ledger, everyday will also involve transaction costs and extra effort.

I personally don't since I don't daytrade (I trade like once in 2 weeks) but if I did daytrade I definitely would withdraw everytime. People should take bitfinex's hack a lesson. Will it happen again? Unlikely, but very possible.

Link for those who are curious: https://en.wikipedia.org/wiki/Bitfinex_hack
legendary
Activity: 3080
Merit: 1353
No, I don't withdraw daily funds from the exchanges, because we all know that you will incurred fees daily if you are going to withdraw it. Although it is not safe to sit your money in a exchange it is better to put just enough for my trading in there. But if let say I sell my stash of bitcoin or altcoin then I will definitely get the funds out of there and transfer it to my safe wallet. I will just left enough for trading purpose.
hero member
Activity: 2660
Merit: 551
I'm not. Because in night time, sometimes altcoin are rising up and you may missed them if you do withdraw everyday. I withdraw only when I need my money or just want to make my money safe with transfer it to different wallet.

Same here. I don't usually withdraw my bitcoin and I just let is sit there because I may missed a lot when the price of bitcoin goes higher. And I just withdraw if I need fiat money. And just transfer it to my Electrum wallet if needed for storage. I usually transfer it to my Electrum once a month only.
hero member
Activity: 938
Merit: 503
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
I do not and I would not do that for a couple reasons.  I do bleed off the profits once or twice a week, but that is different, I keep my trading base balance on the exchange.  First, a TX can take a decent bit of time, even with a higher fee, and that lost time can mean the difference between hitting the sweet spot on a trade signal and missing it completely, even ten minutes after spotting the opportunity.

Secondly, not every trade drops a huge return, some increase the overall funds by just a bit after all is said and done and adding daily network and exchange fees to the mix just lowers the margins.  Also, the exchanges I use appear to use some odd system of addresses and outside tracking would be increased by sending off site and back. 

The exchanges I use give you an address and it stays with your account unless you request a new one, but the balance does not stay in that wallet if you watch.  I assume that they do this to have the use of the funds for the site, but who knows.
hero member
Activity: 630
Merit: 500
Of course no, I withdraw 1 time a month because I just want to keep it first and sometimes I just wait to increase first the price of bitcoin before I sell it. Due to I just want to withdraw high amount that's why I cannot daily exchange my bitcoin balance.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
That would be too expensive and would likely eat a big chunk out of the earnings that i have for that day id i withdraw at a daily basis so no, i'd rather have my earnings withdrawn in to avoid paying a bigger amount. If you add up all the fees you'd pay daily compared to that once a week or once a month withdrawal, the price difference would be big
sr. member
Activity: 1218
Merit: 254
Trphy.io
I schedule to withdraw half from trading profit of bitcoin from exchanges once a month. Because, i have other sources of income to meet daily needs. Bitcoin an investment option for me.
sr. member
Activity: 2394
Merit: 454
No, I don't withdraw coins from the exchanges that often because even though I used hardware wallets, I don't do that getting the whole bitcoins from my wallet to an exchange because I only use the amount that I really need for a certain trade or investment to an altcoin because I think it is very risky to store so much bitcoins in an exchange and it is best to just leave our bitcoin in hardware wallet.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
When you do day to day trading, do you withdraw your coin balances from the exchange(s) at the end of the day? Since sending it back and forth, to e.g. a Nano S Ledger, everyday will also involve transaction costs and extra effort.

No. Although it might save me from chance of being scammed, once you put money on a trading site, somehow you must trust them even a bit since you allow your money to be deposited there. Besides regular withdrawals will just destroy your trading strategy and supposedly earnings. Ask those long time traders and Im sure most of them don't do regular withdrawals like multiple times per week unless they earned big with the trend they take a ride.

Since cryptocurrencies are volatile, trading funds must always be ready. Depositing while there is an ongoing trend will just result on being missing in action especially if traders most doing trades at altcoins. You have to wait for the confirmation and sometimes there is deposit problem on the way. Since price moves a bit even by only a second, coins must always ready not to just prepare it while there is a trend.
hero member
Activity: 644
Merit: 500
I often keep my bitcoins/money in exchange which is mostly used for my trade because any time we can face a good opportunity and in that case if we will not have our bitcoin in exchange then we will need to wait for longer to get the transacted money in that exchange.
full member
Activity: 228
Merit: 100
I wanna hold my balance in exhange sites. But If I need urgent cash, I just withdraw some amount required by my need. The rest still sits in exchange wallet.
sr. member
Activity: 1232
Merit: 250
for me cryptocurrency is best way for investment such as trading . What's the point we invest money in bitcoin or other cryptocoin but we withdraw these every day . like a post above me only  withdraw coin if we need money too .

Agree with your opinion. Because my motivation in trading is to increase amount of bitcoin i have in the future (as expected all members here) can enjoy enormous profits. And not for withdrawn even every da

Yes, if you are able to analyse the market technically and successful in trading 3-4 days in a week, its enough to keep your balance to trade the next day. Unless you require money, let it be there. Or if you have profit and want to withdraw its totally the individuals choice.
sr. member
Activity: 980
Merit: 250
$CYBERCASH METAVERSE
for me cryptocurrency is best way for investment such as trading . What's the point we invest money in bitcoin or other cryptocoin but we withdraw these every day . like a post above me only  withdraw coin if we need money too .

Agree with your opinion. Because my motivation in trading is to increase amount of bitcoin i have in the future (as expected all members here) can enjoy enormous profits. And not for withdrawn even every da
hero member
Activity: 910
Merit: 512
for me cryptocurrency is best way for investment such as trading . What's the point we invest money in bitcoin or other cryptocoin but we withdraw these every day . like a post above me only  withdraw coin if we need money too .
sr. member
Activity: 840
Merit: 250
www.guestcrew.com
I'm not. Because in night time, sometimes altcoin are rising up and you may missed them if you do withdraw everyday. I withdraw only when I need my money or just want to make my money safe with transfer it to different wallet.
full member
Activity: 490
Merit: 100
i dont withdraw daily, fees will consume your fund, just roll the money until it grow, then withdraw in bulk
hero member
Activity: 798
Merit: 500
I do not and I would not do that for a couple reasons.  I do bleed off the profits once or twice a week, but that is different, I keep my trading base balance on the exchange.  First, a TX can take a decent bit of time, even with a higher fee, and that lost time can mean the difference between hitting the sweet spot on a trade signal and missing it completely, even ten minutes after spotting the opportunity.

Secondly, not every trade drops a huge return, some increase the overall funds by just a bit after all is said and done and adding daily network and exchange fees to the mix just lowers the margins.  Also, the exchanges I use appear to use some odd system of addresses and outside tracking would be increased by sending off site and back. 
full member
Activity: 314
Merit: 105
I do. .  I started doing this not too long though. Maybe you should use Crypto wallets that store multiple coin like Coinomi.
The great thing about Coinomi is that you can trade/exchange lots of Coins(it has Shapeshift exchange) with it and can also be use for storing multiple coins
I don't think it's worth it. Why do you need to store altcoins if you can store your altcoins safely in exchangers where in 2fa authentication can be used agaist the hackers? Besides, withdrawing everyday would cause decreasing your capital so you'll earn smaller profit in your trading.
Ucy
sr. member
Activity: 2576
Merit: 402
Bisq is a Bitcoin Fiat Dex. Use responsibly
I do. .  I started doing this not too long though. Maybe you should use Crypto wallets that store multiple coin like Coinomi.
The great thing about Coinomi is that you can trade/exchange lots of Coins(it has Shapeshift exchange) with it and can also be use for storing multiple coins
sr. member
Activity: 854
Merit: 267
★777Coin.com★ Fun BTC Casino!
When you do day to day trading, do you withdraw your coin balances from the exchange(s) at the end of the day? Since sending it back and forth, to e.g. a Nano S Ledger, everyday will also involve transaction costs and extra effort.
Nope. That would be expensive as fee charges every transaction. Besides, I don't withdraw everyday as I only withdraw if I need it and I'll make sure that's important since it's better to trade bigger amount than small amount in short trading.
hero member
Activity: 588
Merit: 500
When you do day to day trading, do you withdraw your coin balances from the exchange(s) at the end of the day? Since sending it back and forth, to e.g. a Nano S Ledger, everyday will also involve transaction costs and extra effort.

I do. This is worth the extra effort and the fees to be honest because there are just so many exchanges that are closing down on a daily basis either from a runaway scam or a "hack". Even the best of them can't be trusted.

Cryptsy and Mt Gox were two of the most trusted exchanges but we all know how they ended up.

And now there's poloniex. I store a fraction of my altcoins on an exchange for ease of access, because it's indeed very annoying to have to sync all your altcoin wallets. But the rest i keep in my desktop wallets, especially bitcoin.
sr. member
Activity: 1190
Merit: 306
I find it very sad that a thread like this needs to exist, but I totally get it.  We should all of us be able to not worry that our money won't be stolen by whatever exchange we use overnight.   Makes sense, right?

Well, I'd probably take a chance with poloniex or coinbase.  Anywhere else I wouldn't be able to fall asleep.   Then there's the ridit issue of having to pay to withdraw your money.  It's laughable.   These are some real drawbacks of bitcoin that people like to deny, but they're legit ones.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
I don't daily withdraw my coins in exchanges because i don't store too much amount of bitcoins there because i just buy and hold and when i buy i put it on a safe wallet for long term because i am more in a long term investment rather than short term because it is not that worth it for me.
sr. member
Activity: 826
Merit: 252
When you do day to day trading, do you withdraw your coin balances from the exchange(s) at the end of the day? Since sending it back and forth, to e.g. a Nano S Ledger, everyday will also involve transaction costs and extra effort.

Day trader is period time to trade, not meaning every day we withdraw our profit. Simple thing is, if today we got loss so what we withdraw from our account? nothing. If you're day trader we can withdraw next week, because next week there's enough profit to close our fee transaction & evaluation about how good our strategy?. Actually, we can withdraw our money anytime we what, exchange will help us. But a good strategy can build by single day. Trust me.
member
Activity: 98
Merit: 10
I withdraw in chunks depending on my profits. In times of high profits I could withdraw on a weekly basis but generally it will be once every month or two. I could do it daily and I wouldn't mind the current fees but I go for exponential increases in my earnings using my profits.

What I will say though is if you are trading such small amounts that the daily transaction fees are a problem then withdraw weekly or monthly instead. There are obviously advantages and disadvantages to withdrawing daily vs weekly or monthly.
sr. member
Activity: 686
Merit: 250
I dont withdraw the balance, but i dont actually trade very high amounts. If you do trade high amounts or large proportions of your money then leaving it on exchanges is a real risk... just opt it against the fee and decided.
sr. member
Activity: 476
Merit: 250
When you do day to day trading, do you withdraw your coin balances from the exchange(s) at the end of the day? Since sending it back and forth, to e.g. a Nano S Ledger, everyday will also involve transaction costs and extra effort.
I do withdraw my balance from the exchange or profit trading result is every week. I do that in order to minimize the fee in each withdraw.
legendary
Activity: 2170
Merit: 1427
When you do day to day trading, do you withdraw your coin balances from the exchange(s) at the end of the day?
I surely do. I am very paranoid when it comes to having an entity other than myself have total control over my coins. If my trading session for the day is over, I immediately withdraw every single satoshi back to my own wallets. I must however note that in some cases trading sessions can last for days, where I go sleep with open orders, and thus depend on the exchange to not go nuts or whatever. That's basically the only exception I am willing to make.

Since sending it back and forth, to e.g. a Nano S Ledger, everyday will also involve transaction costs and extra effort.
I don't care about fees because I don't play around with insignificant amounts. I rather pay even $25 to withdraw my coins, instead of seeing my trading coins get swallowed by the exchange in question. It doesn't make any sense to care about transaction fees in this regard.
sr. member
Activity: 490
Merit: 250
I dont withdraw funds daily from the exchanger. Once a week i schedule withdrawal and that's only half from profit. I let balances to grow in exchanger and half profit i withdraw, considered as additional income for family.
hero member
Activity: 588
Merit: 500
I do not and I would not do that for a couple reasons.  I do bleed off the profits once or twice a week, but that is different, I keep my trading base balance on the exchange.  First, a TX can take a decent bit of time, even with a higher fee, and that lost time can mean the difference between hitting the sweet spot on a trade signal and missing it completely, even ten minutes after spotting the opportunity.
legendary
Activity: 1652
Merit: 1000
sometimes yes but often too no because even i did trading everyday but sometimes the profit not always high but usually i have target of the particular amount for profit so if i have already reach that amount then immediatelly i will withdraw my bitcoin even at the same day but if i have not reach my target profit even it took a couple days then i will hold it
full member
Activity: 166
Merit: 100
withdrawing Ang keeping your money on exchange depends on individual mindset as everyone have his or her own target for taking his or her profit,for me,I prefer keeping my money there to the point that I feel is safe,though it is not advisable to put more than what you can afford to lose into any trading platform as it risky to do that .taking your money out and depositing when you want to trade is like giving more money as transaction fees to excahnges
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
I used to do this back when the fees were just a couple of cents, that was also around the time some major exchanges got hacked, after Gox though.

Now I usually just leave my principal on the exchange and withdraw any profits if they're large enough to warrant the fees for making a withdraw.
This is what I do back in the past I do really withdraw all the money I have principal+profits anytime when I do make trading because I do really want to secure them and I don't trust exchange wallet and for some other situation regarding on their policies and I'm afraid to compromise those coins but now its impossible thing to do seeing on the fees.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
I do not trade too often in some exchanges, but if I have time to trade every day I'll let my saldo there until I make a withdrawal if I need it.
legendary
Activity: 1792
Merit: 1283
I used to do this back when the fees were just a couple of cents, that was also around the time some major exchanges got hacked, after Gox though.

Now I usually just leave my principal on the exchange and withdraw any profits if they're large enough to warrant the fees for making a withdraw.
sr. member
Activity: 924
Merit: 260
When you do day to day trading, do you withdraw your coin balances from the exchange(s) at the end of the day? Since sending it back and forth, to e.g. a Nano S Ledger, everyday will also involve transaction costs and extra effort.
To me , it is not necessary as the exchangers (poloniex) I am using is very reliable. I do live my earning in my exchangers platform account and if possible withdrawn it whenever I need money. It is possible to withdraw your earning from your exchangers platform but you will be  pay networks fees from both ends.
sr. member
Activity: 420
Merit: 250
The All-in-One Cryptocurrency Exchange
No, I don't do daily withdrawal not unless I really need the money but usually I set down a target on when I will withdraw my coin balances from the exchange sites.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
I have placed certain volume of altcoins into the exchange. This is because when particular coin is in pump moving it from the wallet to the exchange and then making a trade is quite risky. Because some coins pump for a very short time and in a short gets dump.
hero member
Activity: 560
Merit: 501
Nice question! I think day traders with a lot of funds, withdraw them when they are finished for the day, and put them in some sort of (cold) storage. I, however, don't really have that much, so i just keep everything in the exchange and hope for the best! But if you think about it, it is actually quite a lot of hassle, if you poses high  amounts of coins, sending them onto exchange and back, paying fees back and forth,...But it is definitely safer than keeping them on an Exchange, just in case it gets hacked.
legendary
Activity: 1120
Merit: 1008
CryptoTalk.Org - Get Paid for every Post!
If you are asking about bitcoin than obviously no I don't keep moving them between exchange and my hot/cold wallets daily but I move all my alts out of exchange almost daily or when I don't want to trade them. I mostly keep bitcoin in my wallet and only deposit it to exchange if I want to exchange them into fiat or buy other alts.
hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
No, you need to pay transaction fees for every transaction. It isnt smart way in trading.
legendary
Activity: 2982
Merit: 1028
I'm not, i usually wait for a bigger value after i successfully bought and sell the als that i supported maybe once in a month or sometimes a week just depend on how how much my profits inside my portfolio, if i already satisfied with my earnings that usually the time that i withdraw and enjoy my earnings.
hero member
Activity: 735
Merit: 500
Rarely withdraw it every day. I prefer to use the profit trading as additional capital. If the result is too high then I will pull it at once. This is to reduce the high transfer costs
hero member
Activity: 1414
Merit: 505
Backed.Finance
No, I never withdraw daily. Charges are high also. I withdraw only when I urgently needed funds or something to invest like in  ICO's. Because I am actively trading,I leave it scattered on several exchanges.
sr. member
Activity: 574
Merit: 251
No, i only withdraw maybe once a few weeks when the balance is high enough for me. Withdraw the balance daily is a bit bothersome. Maybe if the balance is high i'll so it.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
When you do day to day trading, do you withdraw your coin balances from the exchange(s) at the end of the day? Since sending it back and forth, to e.g. a Nano S Ledger, everyday will also involve transaction costs and extra effort.
It's good practice to empty it out now and then when its not in use, that said its really a hassle to do that because limit orders may be on the books so your coins are in use, only when you are serious about closing positions for the long run would I consider it worth the effort to do that.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
When you do day to day trading, do you withdraw your coin balances from the exchange(s) at the end of the day? Since sending it back and forth, to e.g. a Nano S Ledger, everyday will also involve transaction costs and extra effort.
Depending on the amount that i have on exchange wallet balance.If i see that its already too much or high value i do really transfer it on secure wallet even itt would do really need some fees it doesnt matter as long i do know that my coins are safe but if i just trading on ample or small amounts it would really be a nice idea to do this habit because it will surely eat you up on fees itself.
full member
Activity: 128
Merit: 100
I don't usually stock big amount of bitcoin to one exchange i actually spread it to other exchanges. I withdraw when i profit not daily  as i trade for 1 month i usually withdraw twice a week. When i started trading i don't withdraw and ending up loosing most of the trades and i learned from that experience.
full member
Activity: 217
Merit: 100
If I make profit bigger than 0.01 btc in a day, I instantly cash it out and withdraw it to my bank. If no, it just stays in my portfolio.
hero member
Activity: 1372
Merit: 647
No. I rarely withdraw my coins from an exchange since I only have a little capital. As @BrewMaster have stated, the fee is high so in my case I'd rather withdraw it all at once than every end of the day. On the other hand, if I have a big amount and gain large profit in a day, I'll probably withdraw to secure it. 
newbie
Activity: 4
Merit: 0
it depends on how much balance  you have in your exchange account and also how much profit you are making each day and also depends on if you want to open up positions or not!

for example if you have a small amount that you are playing with, then it is not profitable to withdraw and deposit with high fees (each time paying 0.001BTC exchange withdrawal fee!). but if you have 10BTC for example and making 0.5BTC profit then it is mandatory to withdraw.

and as for positions, you sometimes have to open up some orders (buy or sell) to be able to catch a good price so you HAVE TO leave money on exchange wallet.

Exactly, when you want to trade on a daily basis and grab the momentum it is impossible to keep it in an external wallet. The trade windows are less than 1 minute and therefore you don't have time to send the coins from the wallet to the exchange. Same applies for FIAT money, when you just sold a large chunk and want to buy the same amount of coins back at a lower price you cannot withdraw in between. Sometimes it feels a little bit weird and unsecure to have a lot of coins or FIAT money in the exchange account. But I guess it is part of the game, who dares wins.. : -)
legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
it depends on how much balance  you have in your exchange account and also how much profit you are making each day and also depends on if you want to open up positions or not!

for example if you have a small amount that you are playing with, then it is not profitable to withdraw and deposit with high fees (each time paying 0.001BTC exchange withdrawal fee!). but if you have 10BTC for example and making 0.5BTC profit then it is mandatory to withdraw.

and as for positions, you sometimes have to open up some orders (buy or sell) to be able to catch a good price so you HAVE TO leave money on exchange wallet.
hero member
Activity: 1106
Merit: 503
BabelFish - FISH Token Sale at Sovryn
When you do day to day trading, do you withdraw your coin balances from the exchange(s) at the end of the day? Since sending it back and forth, to e.g. a Nano S Ledger, everyday will also involve transaction costs and extra effort.
It is not required but definitely is a good practice especially if the volume is really high.You have no control over the exchanges,better safe then regret.Transaction cost is something holds me from keeping the coins off exchanges as I'm going to need them tomorrow anyway.I think it completely depends on the trading volume,if it is  1btc or so,you don't mind paying fees to and fro.

You can never trust an exchange if they know that you have some currency in large volume then they can do anything. I have heard so many accusations on many exchanges regarding this. So If you have more than 1BTC then its better to cash it out, I personally limit my buying and cashout the profit whenever I can.
legendary
Activity: 1946
Merit: 1311
Get your game girl
When you do day to day trading, do you withdraw your coin balances from the exchange(s) at the end of the day? Since sending it back and forth, to e.g. a Nano S Ledger, everyday will also involve transaction costs and extra effort.
It is not required but definitely is a good practice especially if the volume is really high.You have no control over the exchanges,better safe then regret.Transaction cost is something holds me from keeping the coins off exchanges as I'm going to need them tomorrow anyway.I think it completely depends on the trading volume,if it is  1btc or so,you don't mind paying fees to and fro.
newbie
Activity: 4
Merit: 0
When you do day to day trading, do you withdraw your coin balances from the exchange(s) at the end of the day? Since sending it back and forth, to e.g. a Nano S Ledger, everyday will also involve transaction costs and extra effort.
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