Topic: Do you trade at multiple exchanges? - page 33. (Read 19302 times)
I do have an account in alot of exchanger, the reason for me to have different account is not all the times the coin has a same price and I fell safer to split my trade investment, the arbitrage trading is not as easy as it sound, usually the different is very thin and you need to wait for the confirmation time, so doing arbitrage is like doing gambling,sometimes the confirmation is too slow and the price already changed when the confirmation finished
Arbitrage trading works best when you "already" have your coins on both exchanges. You just sell on one and rebuy immediately on the other. If you wait for deposits and withdrawals, it might be too late.
Oh please I barely open one exchange and have to wait ages for it to load (every single major exchange) I want to share a little secret if you promise not to tell anyone else, I have insider information that admins and staff of big exchanges doing insider trades or rather they are the ones successfully arbitrating fast and smooth while they delay their client's transactions, when you try to withdrawal a large amount they will use excuses such as cold storage and manual checking etc.
I know this because I seduced an admin/mod of an exchange once and he told me so many other things just by talking dirty to him after he found out I'm a female
I know this because I seduced an admin/mod of an exchange once and he told me so many other things just by talking dirty to him after he found out I'm a female
It is not worth to trade on multiple exchanges when you can do the same on one exchange itself. International exchanges have a minor difference of 2-3% and if you trade in big volumes, you need to pay a higher withdrawal and trading fee as well which makes your profit very less if you use multiple exchanges. The same goes for other crypto currencies as well. Trading on Indian and international exchanges is more profitable as the difference in the price is almost 10%.
You need to keep your funds safe. So in bitcoin world,you shouldnt keep all your coins in single basket. It is dangerous and i know this from my deepest experience related to some old exchanges. I mainly use 2 exchange for transfering funds from one to another. There isnt shortcut even you try to keep your coins on paper wallet. Perfect way for safety is splitting and investing on different profitable projects. Holding that coins is much harder than earning 
nope. I stick to poloniex. They are very professional although many people dislike this exchange. Using too many exchange makes everything more mess up
Sometimes actually I can find a few deals here and there and make a few bucks by transferring some coins around.
This applies only to alts and not Bitcoin, even shitcoins have their own bots doing the trades between several exchanges.
If you know your way around the websites there are opportunities when a new exchange is launched.
This applies only to alts and not Bitcoin, even shitcoins have their own bots doing the trades between several exchanges.
If you know your way around the websites there are opportunities when a new exchange is launched.
yes i do use multiple exchange because my trading activies not only for bitcoin and usually i use different exchange for trading bitcoin and altcoin trading however i use my local exchange for bitcoin trading and poloniex, bittrex and novaexchange for altcoin trading
It's good to use a particular Exchange for all the trading needs and for analysis it's good to make use of the different exchanges which has different features. Some for arbitrage trading use one or more exchange websites which can provide with a better profiting.
Because the bitcoin markets are not directly linked i.e exchanges, there is always a small difference in price. In theory it is a brilliant idea to arb between exchanges. But it isn't practical most times ti be profitable in the long term. A big capital and lower fees could help increase profits. The whole idea is to buy low on one exchange, and sell for a higher price on another exchange. If you have enough funds sitting in different exchanges, you could make it work.
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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
If you're looking to do arbitrage, consider doing it with LTC.
LTC confirms fast so if you see a profitable margin between exchanges, you could send fast.
Good luck!
LTC confirms fast so if you see a profitable margin between exchanges, you could send fast.
Good luck!
Yes, LTC has faster confirmations but the margin is not that much. On the other hand, BTC got much better profit when it comes to arbitrage. If you buy BTC in international exchanges and sell at your local exchange, you will get a good profit even after paying fees and taxes.
Most of the time there difference of price exists so do you withdraw bitcoins from one exchange and sell at higher rate exchange?
Ive done this before and this stuff called arbitrage trading just like what others said here and you can really make out of money on this one,and i can testify it since ive already done this when the times that transactions and fees arent a problem way back before. If you use that way as of now im sure that fees would gonna kill you and the hassle of transferring funds from an exchange into another exchange. 
Most of the time there difference of price exists so do you withdraw bitcoins from one exchange and sell at higher rate exchange?
I trade at multiple exchanges because many altcoin that does not exist in one exchanger but there are in other exchanger, also ico that launch is not easy to enter in exchanger that have high traffic and trust like poloniex.To move funds to another exchanger it sometimes takes a long time maybe 1 day, I ever do that and the results are not worth it.
Most of the time there difference of price exists so do you withdraw bitcoins from one exchange and sell at higher rate exchange?
Arbitrage nowadays is really hard to do with bitcoin market.
The spread are really really closed ..
But you can do arbitrage with altcoin ...
Some altcoin give you enough margin to bring home a good gain!
If you're looking to do arbitrage, consider doing it with LTC.
LTC confirms fast so if you see a profitable margin between exchanges, you could send fast.
Good luck!
LTC confirms fast so if you see a profitable margin between exchanges, you could send fast.
Good luck!
Most of the time there difference of price exists so do you withdraw bitcoins from one exchange and sell at higher rate exchange?
Arbitrage nowadays is really hard to do with bitcoin market.
The spread are really really closed ..
But you can do arbitrage with altcoin ...
Some altcoin give you enough margin to bring home a good gain!
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 do. I'm taking advantage of the price in every trading site so I can arbitrage my altcoins. This is something not new and gives me decent profit. 
Most of the time there difference of price exists so do you withdraw bitcoins from one exchange and sell at higher rate exchange?
The thing is when there is a major price differential that you are able to take advantage of usually it's because either the withdrawals are delayed, deposits are delayed, a mixture of both, lack of liqudity or strict regulations that other exchanges don't have.
This means that even if on paper arbitrage is great and profitable, in practice it may even result in a loss, when you take into account market fluctuation, especially if you are withdrawing/depositing via bank transfer which takes a while to clear.
but yes, i do trade at multiple exchanges. Polo, bittrex, kraken.
Arbitrage trading is one of the best way to make profit from crytocurrency exchangers platform sites. I have try it before but late abandoned it because I find out that it demand huge capital and technicalities. If you have a technical knowledge on how to buy cheap in one exchangers like poloniex and sell high at another exchangers like bitstamp, it is a very good investment.
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