Author

Topic: Trading exchanges with short selling services or assets - BitShares or NXT ? (Read 1436 times)

newbie
Activity: 30
Merit: 0
It is arbitrage buying cheap from BTC-E with Fiat using OKpay or PerfectMoney and sell @ high price selling platform (which also accepts OKpay or PerfectMoney for withdrawing Fiat)
witch until now did not find a trusted platform only {indacoin} withdrawing to Payza fees withdrawing inda+funding payza=6.5% it is high but at the end you will make a profit
questions
which platform high price selling trust and accepts OKpay or PerfectMoney for withdrawing Fiat Huh
how long it takes withdrawing fiat to OKpay or PerfectMoney so i can make the same circle more than once a day or not?
am i dreaming Roll Eyes
Thank you
newbie
Activity: 13
Merit: 2
Hello all,

I have two trading strategies that gives very good profits and I would like to know if BitShares or NXT could help to be less exchange (or broker) dependant.

- The first strategy provides daily signal to enter long or short position on BTC/USD.
- The second is also long and short but applies to fiat currencies pairs like EUR/USD, GBP/USD, USD/JPY and AUD/USD.

The position is kept for 7 days in average.

My idea for the moment is :

* Both strategies with FX broker that have fiats pairs and Bitcoin CFD.
* or both strategies with FX broker that have fiats and BTC/USD pairs (i.e. FX Open)
* or BTC/USD strategy with a crypto exchange that propose short selling (i.e. BitFinex) and the fiat with FX broker

Advantage of using FX broker services is the possibility to automatize trading with Metatrader sofware (MT4) and also to sell trading signals to others traders (it could be easy for others traders to follow my signals because several FX broker have Bitcoin CFD). The risk to see my account hacked is also reduced, I think here to the recent attack on BTER.

Drawback I can see with regulated FX brokers is that trading Bitcoin CFD or BTC/USD as a 'normal' securities will lead to legal declaration of profits and huge tax.

I'm newbee with crypto but I know BitShares offer a flexible and decentralized exchange with various securities to be traded and I would like to know how it could help.

Is there enought liquidity on BitShares or NXT to guaranty order of 10k€ execution on a daily basis ?
It is possible to go short BitBTC or mgwBTC for example ? and go short BitUSD, etc ?

Thank you for any help or advise you could give me,
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