yes i do
trading in 1 exchange not good though
my mean u can't monitor or compare about the price,
i ussually using more than 4 market to compare the price, that good so i can decide what coin that good to buy
Topic: Do you trade at multiple exchanges? - page 5. (Read 19265 times)
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.
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 am trading in some market that has a very high trading volume movement or if the distance of price difference from this market and other market is different then I usually do arbit price by buying in market which its price is still cheap and sell it in market already get an expensive price to be able to get some profit from utilizing different price ranges.
Yes, of course, you need to use different exchanges. This makes it possible to operate a large number of cryptocurrencies and play with arbitrage.
Well, that right. Also for me, I'm always use different Exchanger for arbitrage moment. Trade at multi Exchanger is the best way to make some profit with Arbitrage.
Yes, of course, you need to use different exchanges. This makes it possible to operate a large number of cryptocurrencies and play with arbitrage.
I did try that before since prices of each coins have a slight difference if you will compare it from one exchange to another. Nowadays, it's pretty much the same but I really hate the transaction process as it is really, really slow. The possibility of playing a large number of coins through arbitrage trading can only be done if we have ultra fast lightning network, as one movement of a coin's market price can affect the whole trading parameter. One miss mark and you might be at a losing stage. I still remember (and missed) those days that I can earn around $100/day from arbitrage trading starting with a few bucks.
Yes, of course, you need to use different exchanges. This makes it possible to operate a large number of cryptocurrencies and play with arbitrage.
Give my account back.
This Russian guy steal my account (password reuse). Don't believe anything he says.
Yes, i do trading at multiple exchanges because it is a way for me to find good coins to trade and also to arbitrage and it is the best way for me to get some few profits since i can easily do arbitrage since i have different accounts. It is also good to trade at multiple exchanges because you cannot miss any new coins for sure.
Yes, of course, you need to use different exchanges. This makes it possible to operate a large number of cryptocurrencies and play with arbitrage.
In this online market there are too many exchanges but I am not used to money changer but I am just see who money exchange because who is exchanges is best and who is token is ad so I just analyses multiple exchange. Recently I am use binance and bittrex sometime I am use polonix because those three exchange is very favorite for me and it is very trusted in this online industry so I am use multiple exchanges for my trading. I know the total exchanges history so I am not put my all money in a 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?
The process of buying a coin on one exchange and then selling on another exchange at a higher rate, is simply known as arbitrage trading. But this is not the reason me. I trade on multiple exchanges because not all coins are found on one exchange.
I trade on different exchanges not because of the difference in the price of currencies. And because of the difference in the tools and capabilities presented to them. On one you can short, on others more currency pairs.
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 they called arbritrage trading that you have to transfer your bitcoin or other tokens into another exhanger and sell it for a good price. But you have to be carefull about this since in a matter of minates and you will stack on that price so you have to use the coins with a most faster transaction to do it.
Arbitrage trading is really profitable but you would really need to be quick in able to get the right order but i do seldom make use of this technique or trading way because as you said there are lots of factors that do affect that situation and might end up on losing money on fees instead on making money. Using multiple exchanges is normal because not all coins are being listed on each on of them.
Yes i do, because different trading sites has different kinds of coins or cryptocurrency and if i want to trade that specific coin i need to go to that exchange that has that coin.
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).
Also the volume traded. And list of coin that exchanged un that exchanger . That some condition you should consider before doing arbitrage , dont try with btc , try altcoins, been doing that for a month before someone hacked my bitrex. -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).
I don't bother with arbitrage because it takes a long time to do withdrawals and then you end up paying fees for nothing. I use multiple exchanges because i get to trade different types of coins
yes I often trade in some exchange. but not always give a profit. because when making a transfer to move to another exchange sometimes takes a long time. so the price of the coin falls further than the price we want.
I do not do arbitrage between exchanges but I use WavesDEX, Bittrex and Binance for my daily trades.
Yes... i think a lot of people using more than one exchange for trading... we seek to profit from the price comparison of each exchange.
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 am using many exchangers and I am also looking which is mpre higher well what is important here is to earned a lot right? We are here because of money so obviously we are looking for a great and valuable exchanges. Jump to: