Topic: Do you trade at multiple exchanges? - page 27. (Read 19302 times)
Yes i trade at multiple exchange because if you have one exchange site then you are putting all your money in risk because all your balance is stayed at one exchange but if you have multiple exchange it will be good to your investment. We don't know when the exchange site going is going to run or maybe close their business without further announcement.
I only trade on one exchanger. Although, i do a coin analysis on some exchangers, i cann't quickly send coins from exchanger to another exchanger. Because every coin transaction requires confirmation and sometimes the confirmation takes a while.
In one exchange is better because transferring the funds can be very stressful
because of the confirmation time which can take more than a day sometimes or the account gets frozen.I also used to use only one exchange, but I noticed many ICO are listed in only one exchange, and I lost many opportunities. Though the problem of confirmation delay still persists, but I get to have some genuine options.
Withdrawing/transferring bitcoin from one exchange to another one has been very expensive nowadays and it's not recommended for small amounts.
What you should do is to find a coin that is listed on both exchanges and that has the lowest withdrawal and transaction fees so you can transfer easily, faster and cheaper.
I trade on multiple exchanges for coins less well known.. For example, bought coin in cryptopia and kept it in yobit. Because in yobit sometimes wallet maintenance and price of coins moving very high.
I only trade on one exchanger. Although, i do a coin analysis on some exchangers, i cann't quickly send coins from exchanger to another exchanger. Because every coin transaction requires confirmation and sometimes the confirmation takes a while.
In one exchange is better because transferring the funds can be very stressful
because of the confirmation time which can take more than a day sometimes or the account gets frozen.I also used to use only one exchange, but I noticed many ICO are listed in only one exchange, and I lost many opportunities. Though the problem of confirmation delay still persists, but I get to have some genuine options.
I only trade on one exchanger. Although, i do a coin analysis on some exchangers, i cann't quickly send coins from exchanger to another exchanger. Because every coin transaction requires confirmation and sometimes the confirmation takes a while.
In one exchange is better because transferring the funds can be very stressful
because of the confirmation time which can take more than a day sometimes or the account gets frozen.
I'm using Tidex, Poloniex, Bittrex and Liqui at the same moment.
I only trade on one exchanger. Although, i do a coin analysis on some exchangers, i cann't quickly send coins from exchanger to another exchanger. Because every coin transaction requires confirmation and sometimes the confirmation takes a while.
Yes i trade in different exchange.it is profitable but some bad thing present here.when price is defferent in defferent exchange most of the time these wallets remain maintenance.so frist check both exchange wallets is active or not.then you can try it.i suggest you trade in both exchange carefully. for better profit you should not withdraw or deposit money or coin so quicly or you can loss your money.best of luck
Yeah that's right. I check from time to time the difference of the prices of altcoins from yobit, poloniex and cryptopia and because of the different prices in each exchange or platform, you can profit from one or a couple of alts commonly available in all of them. Though i don't do it that often because of the high deposit and withdrawal nowadays
Yes i trade in different exchange.it is profitable but some bad thing present here.when price is defferent in defferent exchange most of the time these wallets remain maintenance.so frist check both exchange wallets is active or not.then you can try it.i suggest you trade in both exchange carefully. for better profit you should not withdraw or deposit money or coin so quicly or you can loss your money.best of luck
Yes i do this sometimes, exchanges rates varies and also there fees. Whenever there is a price difference i always prefer to withdraw and put it in the other exchange where the price is higher but exchanges fees also matters in this case so i always check it out first.
Every person who becomes a trader must have multiple exchanges. Because in particular not all exchang provides altcoin. Altcoin spread over some great exchanges today, so for those who want to trade then having multiple exchanges is a liability. Just playing bitcoin without altcoin is not a trader.
No, I don't trade at multiple exchanges. But I have a lot of choices, what I do is if I'm not satisfied anymore with the current exchange I use that is going to make me jump from others. But today I'm currently good with the exchange I use and it's very convenient to me, I don't have plans now of using other sites.
You learn a lot of things from trading. Never put all eggs in single basket. That's why after every bulk of trades i witdraw all my coins to my wallet address.
That may be true, but the problem with using multiple exchanges will mean you have a lot of things to secure and a lot more fees to pay. If you move from exchange to exchange that means bitcoin/altcoin fees will be had.
The best scenario I see with these is only for purposes of arbitrage trading, and not really anything else.
You learn a lot of things from trading. Never put all eggs in single basket. That's why after every bulk of trades i witdraw all my coins to my wallet address.
Yes I do trades to many exchanges but right now maximum to five only. For the reasons that Poloniex coins are limited, sometimes Bittrex also do not have those coins and sometimes other exchanges have better volume.
That's a lot and I can even only manage to trade at 2 places. I don't have enough time to check and monitor differences when it comes to the pricing to do such strategy from multiple exchanges but if I will have enough time, I think I'll do it just like what others are saying, it's profitable but you need to have a load of effort.
I don't do arbitrage with those 5 exchanges. It maybe profitable but not much especially for a person like me who's got a real job too. Before when I started trading I did some arbitraging but right now I stopped. I have too many coins to check rather than battle orders in exchanges to arbitrage.
In poloniex, I do my main trade in bitcoin and ethereum. In bittrex, I do token trade. In some other exchanges (if a token is not listed in polo or bittrex), I do token trade as well.
Yes I do trades to many exchanges but right now maximum to five only. For the reasons that Poloniex coins are limited, sometimes Bittrex also do not have those coins and sometimes other exchanges have better volume.
That's a lot and I can even only manage to trade at 2 places. I don't have enough time to check and monitor differences when it comes to the pricing to do such strategy from multiple exchanges but if I will have enough time, I think I'll do it just like what others are saying, it's profitable but you need to have a load of effort.
arbitrage trading isn't really worth the time and effort unless you are trading with a big amount. Personally I think the profit is too thin with <5 btc.
Its worth it when you can trade from international to national exchanges. I heard that in many countries the difference will be more than 250-300$.
It can profitable if you are fast enough and have the knowledge of using your money wisely.
arbitrage trading isn't really worth the time and effort unless you are trading with a big amount. Personally I think the profit is too thin with <5 btc.
so far i tried 2exchanger & 2-3 coins..
i just trying to find fast trader...
Fast trader or fast trade ? People who use more than one exchnages sometines do an arbitrage to earn money perhaps transferring funds from the main exchnage to one another takes time so you will on wait another time to sell it. i just trying to find fast trader...
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