Topic: Do you trade at multiple exchanges? - page 4. (Read 19265 times)
Let me enquire that the prices of btcs are high so doesn't it means it would offer high security to your assets?
I trade at multiple exchanges because many altcoin that does not exist in one exchanger but there are in other exchanger, answer is yes.
Arbitrage exchanging is exceptionally help I trust that do an exchange on various trade site is excellent. We realize that diverse exchanges site sometimes has a different price also unique charges. That why exchanging on the various trades is excellent methodology. I utilize three kinds of exchange site. Bittrex for bitcoin, Eth, xrp, litecoin. cryptopia and gatecoin for the altcoin that Bittrex don't have. The reason behind that to make safer.
on every exchange sometimes there is a difference in price. by trading in some exchangers you can do arbitrage trading for profit. but you also have to be careful in arbitrage by making sure both wallets in exchange are not being maintenance
Doing multiple trading at same time is beneficial to know the nature of each coins
Im trading on different exchanges because some coins are not listed on that exchange and you can also take advantage buying on smaller exchange then wait to be listed on bigger exchange
I think all traders need to use different exchanges to know where they can earn more and not all coins fits in one exchange. We need to see the pros of different exchanges as well their cons so we can stay away from it.This is certainly the case. Not only are all assets not available on all exchanges, some assets trade at much better prices on specific exchanges even if they are listed in a variety of places. Utilizing one exchange only exposes a user to some definite risks: centralized assets and the attendant problems (security), possibly a lack of diversified holdings, and vulnerability to platform malfunction/ downtime.
Im trading on different exchanges because some coins are not listed on that exchange and you can also take advantage buying on smaller exchange then wait to be listed on bigger exchange
I think all traders need to use different exchanges to know where they can earn more and not all coins fits in one exchange. We need to see the pros of different exchanges as well their cons so we can stay away from it.
I like to trade on multiple exchanges because the coins which I love and like to trade all are not available on a single exchange so I have to work on multiple exchanges so I can trade in all the coins which I like.
Yes I like to watch multiple exchanges because some time there is a little bit profit difference in these exchanges that makes my etherwallet tokens more profitable
Most of the time there difference of price exists so do you withdraw bitcoins from one exchange and sell at higher rate exchange?
Through arbitrage, we can better scrutinize the best value for trading and investing... there some broker sites, which are favorable to buy and sell depends on types of alt-coins. This is also good to know that trading sites matters because the circulation and volume are high. The higher the volume the the faster it fluctuates. of course it all depends on the coin and on the exchange itself. I trade on at least 5 different exchanges. it doesn't matter I think you should follow the option that maximizes your profit.
I do not limit myself to bitcoin trading just because altcoin trading presents a decent profit opportunity and of course I use some exchanges to maximize profits, as the fees charged to us also vary across this exchange platform
of course because I think more options will make the choice easier and of course this will provide many benefits. I only trade no more than 5 markets.
Yes i do, because the main reason will be the performance of the exchange and the coins there because of course you can't see coins in all exchange.
I only trade at one exchange that is Poloniex. But I am thinking of putting some funds in bittrex also as Polo has very limited number of coins and at bittrex many smaller coins are present. I am always involved with, it's kind of no comparison at all I am always dependent of their current market and has no option to divert some funds to other exchangers
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 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
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 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
I only trade primarily in 1 to 2 exchanges because the transaction fees between the exchanges are huge, surely you would not want to pay a high fee for the trade. I often use Binance and Bittrex to make my own commercials and I am very pleased with the quality of these two exchanges.
Most of the time there difference of price exists so do you withdraw bitcoins from one exchange and sell at higher rate exchange?
All exchange has the individual value of their coins, and it is not ever the same to the other exchanges. I don’t trade at multiple exchanges but I already try it I know that excellent idea, but I don’t like because it makes me more distracted. Sometimes I forget which exchange I use that coins. I only do the trading on the poloniex. I am very comfortable in the poloniex and give bigger returns
Yes I have some new coins that are listed in new exchanges in starting level and makes allow the trading with these exchanges so that is why I have tokens that are listed in multiple exchanges for trading purposes,
Bittrex became my top choice in trading. I used to use exchange polo, but now it seems there is a problem with the exchange. I will wait until everything can go normal. Comfort and security are my priorities in choosing an exchange in trading. Because with comfort and security I can have a good mood in trading and make the right decision.
I also participated in poloniex exchange and exactly as you said, they have too many problems that until now, they still can not solve them thoroughly, especially errors in the transaction process and their support team, it makes many people uncomfortable, sometimes miss a lot of opportunities to make money. Therefore, most people are abandoning this exchange, switching to bittrex or binance, this is a very good exchange, support is also fast and rare error in the transaction, I also enjoyed these exchanges and some other exchanges such as yobit or hitbtc, each exchange will have different interesting and a list of different coin Jump to: