Where to hold money after selling for next buy in Binance

dongamk

member

Activity: 154

Merit: 14

Well, you can shift to bittrex where at profit you can convert into tether(USDT) whose value is fixed at 1$ and whenever you want to but at low price you can convert accordingly

thepr0digy21

jr. member

Activity: 137

Merit: 1

If you’re into trading as you mentioned in your original post, your best bet is to hold your coins in their respective binance wallet. While not the safest, it is the most efficient way to “buy low and sell high”.

HabBear

hero member

Activity: 1106

Merit: 638

Quote from: newpatch on December 23, 2017, 10:22:03 PM

I would like to sell high, then buy low, but where can I hold my funds till I decide to buy again in Binance?

There's no USD wallet like coinbase...so where do you guys put your funds till your next buy?

Can you get Wirex in your country? Wirex will allow you to move currency from Bitcoin to fiat, but you'd then have to move your Ripple/Verge/Whatever to Bitcoin and then to fiat, so an extra transaction, but you'd be able to keep it safe.

Quote from: newpatch on December 23, 2017, 10:22:03 PM

I would like to sell high, then buy low,

Nah, this approach is becoming overrated. Seriously.

newpatch

newbie

Activity: 1

Merit: 0

Hi All,

I recently registered on Binance and have Ripple, Verge, and Qtum.

I see that at times Verge (like today) goes up to .29 per share, then down to .20 per share USD.

I would like to sell high, then buy low, but where can I hold my funds till I decide to buy again in Binance?

There's no USD wallet like coinbase...so where do you guys put your funds till your next buy?

newpatch

Topic: Where to hold money after selling for next buy in Binance (Read 151 times)