Topic: Do you trade at multiple exchanges? - page 6. (Read 19265 times)
We can keep many transactions, and we are safe. Besides using many exchanges, it will help us to deal with many variants of Altcoin. We know that not all altcoins is covered by an exchange. So some exchanges can make us comfortable in transactions.
Most of the time there difference of price exists so do you withdraw bitcoins from one exchange and sell at higher rate exchange?
I have used a lot of exchanges, but most divide the property into multiple exchanges which is not good. We can easily get confused because so many exchanges we can not remember the name. So I just choose Bittrex as the only exchange
my deposits are located on 4 exchanges, the most beloved Binance
There are just some coins that aren't in a big exchange so you would have to register to a new exchange to trade with it. Some exchange may sound like it really isn't known to people here in the forum like COSS but I've used it too because there is just one coin that I did try to have as investment.
I trade with multiple exchanges but the few times I tried arbitrage it never paid off. Due to slow confirmations and the rest of them, or coins arriving late and you end up being at loss. Even if you want to attempt it, always check exchange charges, and also knowing that wallets your moving to is enabled. Arbitrage between exchanges is becoming hard now.
I use only two major exchanges: Bittrex and Binance. In addition to other exchanges though they are good but I just prefer to use these two exchanges. It may be due to the interface or the largest number of hits in the exchange so I like these two exchanges
I am not trade on multiple exchanges or people call it arbitrage. To do arbitrate, we have to always monitoring market prices while i do not have enough time to do that. We also have to play fast because of the ever-changing market movements. In addition, sometimes the delivery is very slow so that when the coin arrive into the wallet, prices already down, consequently we even suffered losses.
Yes, because there are different exchanges for different purposes and because as a margin trader i trade mainly btc/usd but of course some times i like to just trade alts.
Arbitrage trading would really be useless specially when the price gaps or differences are just on small amounts because fees will only just eat us up for sure. We do have different perspective and techniques on trading and we should just stick on our old ways as long we are gaining. Its that good to have active involvement into different trading exchanges. This give the users the better knowledge about the market
I do it sometimes to grab that margin. But I'm not much succesful in doing it in the right way. So what I try to do is, keep an eye over few coins which will be pumped in next few hours. Well if that works for you then good. A lot of people also don't like transferring their coins from one exchange to another. Though i also wouldn't mind doing trades on different exchanges as the prices may vary at a certain time
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. Trading in multiple exchanges will definitely help any trader to earn decently through arbitrage trading but I am also not sure how it will be helping to learn trading aspects. I understand he must be talking about arbitrage trading only
I think that's called arbitrage but tried it once and lost, in that time amidst sending it from one exchange to another, you will most likely find it at the price or most exchanges shut down the wallets that have a higher difference for a particular coin but I have heard many people say how they made turns of money from this
yes many people do actually earn a descent profit by just only doing this. they do earn because other exchanges do have different prices and they take advantage on it. but doing this kind of idea is tiresome and will also requires a lot of capital in order to support the overall fees (e.g transaction fees , trading fees and other fees ) . However i my self dont do it because i dont like to do trading at all but rather i only foccus on investing in bitcoin because i find it to be more easier.
I think that's called arbitrage but tried it once and lost, in that time amidst sending it from one exchange to another, you will most likely find it at the price or most exchanges shut down the wallets that have a higher difference for a particular coin but I have heard many people say how they made turns of money from this
Yes, I do. When price rate are different between one of other exchange I follow arbitrage technique. It makes me profitable sometimes. So I am using different exchange and keep update both.
Most of the time there difference of price exists so do you withdraw bitcoins from one exchange and sell at higher rate exchange?
Yeah if you are a bounty Hunter you have no choice but to pick the highest value of your coin and study them. Why? Cause not every coin or token can be listed in the same trading site. Picking the highest pricing trading site is normal for traders or bounty hunter. 
Most of the time there difference of price exists so do you withdraw bitcoins from one exchange and sell at higher rate exchange?
yes of course I do not play using only one market, I use all the market but I focus more on the market that has a very high trading volume because with trading in the market that has a very high daily trading volume will be easy to make you gain profit.
Many members doing this because we have one good advice never put all eggs in one basket so this works for many I also doing this and its giving me some good return of my investments even most of peoples not like this way but still need to do work on this when any one want to start this as its not easy job to manage all investments when we have very long bearish bells around us
Yes I do trade on multiple exchanges but not for the purpose of arbitrage. You might be tempted to buy low and sell higher at different exchanges,but the truth is it will lead you to loss. Yes, in theory it can be worked out perfectly but in practice , it is near impossible since most of the transaction fees will take away all the profits.
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.You are correct, using a multiple sites in trading varies from the person itself if she or he can handle those accounts and as long as you have more savings that you can start with as a capital in trading. As long as we are earning, then do it.
Recently we are seeing that poloniex is having issues with withdrawal requests, same as yobit once upon a time that had but they fixed this.
If your coins gets stucked in pending or waiting for approval or processing then most of the time it doesn't worth moving the coins from one exchange to the other.
If you have (untouched) coins then this is perfect as you can spend and buy or sell the desired coin in the exchange!
If your coins gets stucked in pending or waiting for approval or processing then most of the time it doesn't worth moving the coins from one exchange to the other.
If you have (untouched) coins then this is perfect as you can spend and buy or sell the desired coin in the exchange!
Jump to: