Yes i do multiple exchange for arbit some altcoin. I use bittrex, liqui, poloniex, And vip bitcoin exchange.
Topic: Do you trade at multiple exchanges? - page 34. (Read 19331 times)
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
Know what this is about, and as the man above said, it's called arbitrage. Get familiar with that word.
I don't do this, personally. Bitcoin fees and confirmation times would seem to make it impractical. But I certainly agree that the potential for profit is there. I'm just not sure how many people actually make money doing it with bitcoin or if it's even possible.
Talking about arbitrage and its connection with the transfer's fee which often people worrying about. It's all always depends on your capital at the end. The majority of exchanges are now using 0.001 BTC as fixed charge for miners' fee, which means, it doesn't matter how big your transactions size are, the amount charged for a fee is fixed. Therefore, if you're trading with rather big capital like 2 BTC or above, it'll not hurt you, just keep in mind that the price margin is pretty big that could cover up anything. Though, I've figured out the price margin between international exchange is rather big that 0.001 BTC is not going to hurt you that much. I don't do this, personally. Bitcoin fees and confirmation times would seem to make it impractical. But I certainly agree that the potential for profit is there. I'm just not sure how many people actually make money doing it with bitcoin or if it's even possible.
You profit off of the price difference between the exchanges instead of profiting from the increase in price of bitcoin. its called arbitrage.
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.
Know what this is about, and as the man above said, it's called arbitrage. Get familiar with that word.
I don't do this, personally. Bitcoin fees and confirmation times would seem to make it impractical. But I certainly agree that the potential for profit is there. I'm just not sure how many people actually make money doing it with bitcoin or if it's even possible.
I don't do this, personally. Bitcoin fees and confirmation times would seem to make it impractical. But I certainly agree that the potential for profit is there. I'm just not sure how many people actually make money doing it with bitcoin or if it's even possible.
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.
I have done this a few times in the past, but these days it is harder, since due to slow confirmations and high fees, it is becoming more difficult to move money between 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 do. I'm doing arbitrage if the sell difference between the trading sites is huge. I'm doing it if my holding is big enough so thay my effort is worth it. However, if the price doesn't have a huge difference, I ignore it as I'll just be deficit due to fee. 
Most of the time there difference of price exists so do you withdraw bitcoins from one exchange and sell at higher rate exchange?
That was an arbitrage trading most of the traders do that ,but as i've experience it is good and can make you profits but you need first to check the wallets first in both exchange if it is available and not on maintainance also it depends on transfeering because sometimes it takes a lot of time to transfer so the result after it confirmed it also dump most of the times .Be careful with arbitrage but also worth to try for. 
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. 
Well, it is on every exchanger sometimes there is a difference in price. But it's all actually isn't something profit, because the difference is only different very thin and short. So when you are tempted to do it, I'm sure it's just a throw away a lot of time for you. So, it is better to focus on one point and then lined up on the right. Because if we use the trading with either already ascertained on the right will benefit
It's called arbitrage trading. Here's why all the prices aren't the same:
-There's a "spread" on most exchanges, which is the difference between the buy and sell prices.
-Some exchanges have high fees (e.g. Coinbase)
-Some exchanges are dysfunctional (Bitfinex, BTC-E, Chinese exchanges), and some exchanges are also extremely shady/annoying when you move large amounts (BTC-E, Poloniex and more).
Overall doing arbitrage with several exchanges can get very hard. There are some minor opportunities with the extreme price fluctuations that go on, but they're gone very fast. I don't recommend you get involved unless you know what you're doing or you can trade with foreign exchanges (like South Korea).
-There's a "spread" on most exchanges, which is the difference between the buy and sell prices.
-Some exchanges have high fees (e.g. Coinbase)
-Some exchanges are dysfunctional (Bitfinex, BTC-E, Chinese exchanges), and some exchanges are also extremely shady/annoying when you move large amounts (BTC-E, Poloniex and more).
Overall doing arbitrage with several exchanges can get very hard. There are some minor opportunities with the extreme price fluctuations that go on, but they're gone very fast. I don't recommend you get involved unless you know what you're doing or you can trade with foreign exchanges (like South Korea).
Most of the time there difference of price exists so do you withdraw bitcoins from one exchange and sell at higher rate exchange?
Jump to: