i've traded on multiple exchanges before (bittrex,cryptopia,mercatox) , but for now i only focused on bittrex. Maybe one day, if i have enough BTC already , i'll go in poloniex
If you already trading inside trex theres no need for you to worry about trading inside trex as its just the same in terms of population those arbiters are taking advantage of certain alt between this two trading site. The only advantage inside polo is theres a lots of big players whos supporting certain alts and really enjoying the ride. 
Topic: Do you trade at multiple exchanges? - page 22. (Read 19300 times)
i've traded on multiple exchanges before (bittrex,cryptopia,mercatox) , but for now i only focused on bittrex. Maybe one day, if i have enough BTC already , i'll go in poloniex
It is a good idea to trade in multiple exchange, there are chances of arbitrage trading or you can find a better price in different exchanger, just make sure you put your money in a well known exchanger and it is always a good idea to not put your money in one basket
Most of the time there difference of price exists so do you withdraw bitcoins from one exchange and sell at higher rate exchange?
Of course I do. There is a moment that the gap between the two exchanger's price is huge and that's an opportunity for traders. However, this should be done quickly since there is a coinmarketcap, the standard value of bitcoin would ba standard which would make its price more stable for every excgangers.Trading in multiple exchanges is having some advantages and making use of them is possible only for the traders who are continuously monitoring price movements.
Nope, sounds like a big issue to have to get confirmed on multiple exchanges and then go through all the motions of trading on it as well. It really matters on where you live aswell when it comes to this issue, as I know people who live in the EU compared to people that live in the US have a much easier time with getting on different exchanges as they're not open on the same high amount of regulations as people in the states are. So, I personally don't do it but others may and that's up to them to do Arbitrage
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its good for us if we can trade at multiple exchanges and i have 5-7 account in every exchanges like yobit, polo, bittrex, cryptoia, kraken, huobi, bter. because we can spread our bitcoin balance in every exchanges and doing trading with many coins and the benefits is if the coins is getting pump then we can get profit. but i will not thinking about arbitrage trading because its too risk and i only doing if there is an opportunity for me to sending the balance and not waiting too long.
Most of the time there difference of price exists so do you withdraw bitcoins from one exchange and sell at higher rate exchange?
Of course I do. There is a moment that the gap between the two exchanger's price is huge and that's an opportunity for traders. However, this should be done quickly since there is a coinmarketcap, the standard value of bitcoin would ba standard which would make its price more stable for every excgangers. 
I have account on multiple exchanges and its always due to when the need arises for such in the sense that it's due to necessity maybe someone wants to transfer some coin to me and I needed to submit an address from a particular exchange then I open and from there I started using it but for arbitrage, I have not been able to go for it due to similarities inlrice quoted and the ones with high margin are really dependent on verification in which document they ask is what I cannot afford.
For this reason, we can see how complicated making an arbitrage is. Instead on focusing on arbitrage, I think it's better to focus at one exchanger at a time so you can easily understand how does coin used to flactuates/volatiles on that particular trading site.besides for arbitrage purpose but also for security reason ,
as we have seen a lot of exchanges no matter trustworthy they are in the end gone scam ,
so there is a lot of benefit having multiple account in different exchange.
arbitrage trading is always depend on exchanges but here if you use coinbase and withdraw and use it in other exchanges you will be in loss without trading because of high fees
Yes basically it is depending on the fees.That in which one exchange we are getting good benefits. So yes I'm using multiple exchanges for trading.When there are high number of fees then i leave that use another one exchange to give me a good benefit.
I trade more on Liqui and Bittrex. Sometimes in Yobit and Poloniex. I think these exchanges list all most all the tokens that an investor or trader wants to buy. I don't store more than 5% of my crypto portfolio on exchanges. I only transfer sell them as quickly as possible as keeping funds in exchanges for a long time is too risky.
Yes I do trade in differnt exchanging sites...first because some altcoins is doesn't exist in other exchaging sites. Second, because sometimes there are different rates of altcoins in every exchages. Furthermore, I used also the sites to store few of my altcoins because I believe that don't put all of your eggs in one basket.
That's a good strategy that i'm using quite a lot before but not that often now. The high fees from transferring from ine exchange to another is really a setback for people using this strategy. I mean the price difference isn't usually that far between the exchanges and back when the fees weren't that high, i think its ok. But now, i do it very selectively as sometimes it's not worth it.
Yes I do trade in differnt exchanging sites...first because some altcoins is doesn't exist in other exchaging sites. Second, because sometimes there are different rates of altcoins in every exchages. Furthermore, I used also the sites to store few of my altcoins because I believe that don't put all of your eggs in one basket.
I have accounts in at least 5-6 different exchanges, including Bitstamp and Bittrex, but I have used just two so far for trading (BTC-e, and Kraken). Till now, I haven't noticed any advantage in using a large number of exchanges instead of a single one. There is not much spread between the exchanges.
Most of the time there difference of price exists so do you withdraw bitcoins from one exchange and sell at higher rate exchange?
Yes I am using multiple exchange, depending on you in which of them your gonna use, of course you must search it first before you trade in that platform. And I don't see any wrong with it as long as it gives you benefits and profit.Just be careful on engaging in exchange site because there are many sites are scam specially for newbie they should search first before they act.
But doing trade in multiple exchange is nice idea actually.
I trade on Yobit and liqui very frequently. Because I like bitcoin and ethereum trades compared to the token trades. I sometimes use poloniex and bittrex too but not that much really.
Just to convert as Fiat for the usage that would be fine. If you been a regular trader invest with the huge fund managing multiple trading account will not easy task to do.
If you have human source or not can control that will work else you can do trading one or two trading exchanges alone.
personally i have accounts on different platforms
you can compare prices
in some i do arbitrade
in some i do short trades
but now i think its not advisable
because of the blockchain traffic
its just good to have btc available on those platforms
so you can trade good coins available.
Happy trading everyone
you can compare prices
in some i do arbitrade
in some i do short trades
but now i think its not advisable
because of the blockchain traffic
its just good to have btc available on those platforms
so you can trade good coins available.
Happy trading everyone
I trade on Yobit and liqui very frequently. Because I like bitcoin and ethereum trades compared to the token trades. I sometimes use poloniex and bittrex too but not that much really.
Simply put, any form of trading is aimed at making best profit. Trading within one single exchange is not always that rewarding. Cryptocurrency like no other asset allows for making good money from arbitrage due to a wide spread in prices among the exchanges.
By the way there was a thread about arbitrage trading here recently.
By the way there was a thread about arbitrage trading here recently.
Past time, I just trade on Poloniex, but recently Poloniex have some issue about withdraw and lag when the price crashing. Now, I'm trading on 3 exchange site:
1. Poloniex for day trading: have big volume and buy/sell very fast
2. Bittrex: for ICO and hold altcoin
3. Cryptopia: for trash coin I mined =))
Poloniex is still very safe, if there is interference and it has been fixed. Which happens to you may be the cause is a poor internet connection.1. Poloniex for day trading: have big volume and buy/sell very fast
2. Bittrex: for ICO and hold altcoin
3. Cryptopia: for trash coin I mined =))
Bittrex and polo i think are the two most used platforms for most traders and its understandable that these exchanges have that much trust. I've heard about the issues with polo though i haven't yet experienced any of them personally. I also trade with yobit though a bit carefully with the not so common coins and everythings been smooth there as well so far.
These two don't have USD gateways which is not really that good for some traders who will send btc to usd at some point when BTC price starts to dip. I do use both but I prefer to use BTC-e and some exchanges like Kraken and Bitstamp.
One of the favourite pass time is exchanging with multiple exchanges. You can literally grab that 2-3% of loss on one site to another by switching between platforms. I always do this with yobit, bittrex, and livecoin. These platforms are always having lots of price value difference. I buy from one and try to keep it constant trade on that single exchanger and after the volume starts increasing I compare the 24 hours volume on all of them. This is obvious that the one who gotten more volume will always lead to highest sell price. Then I immediately transfer the coin to that exchanger and sell it out. The exchanges are very fast due to zero confirmation, usually takes less than 10 min so you don't loose bets usually. Amazing concept and love it doing all the time.
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