Bitcoin Forum

What's the best exchange for day trading/Short time trading?

I feel limited on bittrex

Poloniex and bitfinex have a larger trading volume than bittrex but both of them are risky to use right now.
I am using bittrex for both long and short term trading, trading volume they have is quite enough for me. Actually how much you are willing to day trade?

Small amount. Prob 250-500. What are the risk with both of them?

A lot of users have reported problems withdrawing alts from Poloniex with slow response times by their support.

Bitfinex got debanked earlier this year so the status of their solvency is unclear.

I don't care about how long it takes.  As long as its not a week or more and I can withdrawal my funds.

During my trade, I like to use poloniex and livecoin. Mercatox etherdelta is also good, altcoin rate there is often bigger than other market. But for etherdelta I'm still a little confused to sell and buy it.

Margin on Poloniex is the best  ;D ;D ;D ;D

Explain

Most of the exchanges are good for day trading, right now it actually depends on what coins you wanna trade because some will never reach bittrex or Poloniex. I trade on bittrex and almost all are good going coins. Easy to deposit and withdraw, so it's best for me.

Bittrex is good but it does not have margin trading. Poloniex has margin trading but the support is not as good as Bittrex

I think

1- Bittrex
2- Poloniex
3- Cryptopia

There are many alternatives for bittrex with higher daily trading volume perfect for day/short term trading
Poloniex   
Bitfinex   
Bithumb   
OKCoin.cn   
BTCC   
Bitstamp   
Huobi   
bitFlyer

Source : https://coinmarketcap.com/currencies/volume/24-hour/

I'll try poloniex. Can someone explain their magin trading on cryptos to me?

In short time trading, you should choose an exchange that have big volume, you can check here: https://coinmarketcap.com/exchanges/volume/24-hour/


https://www.poloniex.com/support/aboutMarginTrading/

And what about The Rock Trading?

Don't use Kraken for day trading. It's a safe engine in that they've never been hacked and I've never heard of people losing their coins there, and it's sepa withdrawals always go through, BUT the trading engine itself lags, which means that while it is fine for rare buys or sells, it is rubbish for day trading where you need to move fast.

If you are already doing a verification and it will not be limited, Because if you are uploading your KYC documents and you are getting up to 1k bitcoin limit in a day. But the bittrex already considered as a very good place due to the total volume comparing with another exchange site such as poloniex. The volatility is really important for the daily trade Because I have no intention by using the little exchange with less volume than bittrex.

Poloniex support is bad  >:(

Bittrex, but you get no margin

Poloniex is shit
recommend Bittrex
easy to use
high trade volume
new coins

In my opinion the best trading exchange for day trading is that which have high numbers of tge users because thier the trade speed remains always speedy and we can make earnings with the small increasing and decreasing earnings .
So it is a better option for us to go at those exchange which have better potential of the users .
Personally here i would like to suggest you poloniex ( since few people facing problem of deposit for one week but now I think problem are solved ) , Bitrex , bitfinex etc These are those exchange where you can found better better high profile coin to make trade and trade speed will remain much high according to demand .

When you go with higher deposit, withdraw and transactions, every exchanges have some limit.
So, the best would be to use some trusted exchanges rather than just one.

I think you are really big time. Bittrex has a limit if 3 bitcoin in withdrawing a day if you do enable the 2 factor authentication and it will be raised more if you do more verification. Bittrex is one of the trusted exchanges for me but if you do need another exchanges try to do some research that is really trusted and also famous one that will not scam you

Poloniex was the best exchange for day trading before the withdrawal issues that has been happening lately. It is the only exchange supported by the Gunbot trading automation software, https://bitcointalk.org/index.php?topic=1715214.0

If you are a serious day trader then you should be using a bot for faster and more effective day trading.

for daily trading, I prefer do it with bittrex because bittrex have many coins that suddenly can increase in an hour so I think if we can choose the right coin, then we can make profit too. although polo is a big market, but I think in polo its much difficult to determine which coin to be increase in a day and it needs 2-3 or weeks until the coin is increase.

bitfinex are for me the best for short term

In other words to trade shitcoins lol , it is not recommended at all.
Since poloniex has a lot of problem that not solved properly recently i moved to bittrex too.
Really hard to fin an exchanges such as bittrex nowadays , anyone can suggest another?

I have used Poloniex and Bittrex and found both of them to be legit and good for day/short term trading.If you need access to mostly newly released altcoins,then you could use bittrex as more newly released coins are listed there.Bittrex exchange shows price charts separately for each coin so that you could easily understand each coin's price movement individually.

Hitbtc, bittrex and cryptopia are the best choice when doing a day trading  this is according to some traders that i read about in reddit.

Why do you feel limited on bittrex? Bittrex is imo probably one of the leading altcoin exchanges right now, if not the #1 altcoin exchange(since poloniex has so many issues with deposit and withdrawal, plus their almost non-existent support).

I would definitely go with bittrex, if i were you. They have substantially more markets than poloniex does and a lot more liquidity than yobit, cryptopia, etc.

If your day trading involves fiat, then go with Bitmex/bitfinex because you are able to leverage your trades as well as trade with fiat. Just make sure that you have your identity documents ready, even if exchanges say that you can have an anonymous account doesn't mean they will keep their terms and conditions like that.

Yes I agree with you that bittrex is a good exchanger were you can choose many altcoins by doing the day trading and make sure that you analyze the certain coin in order to avoid any mistakes that can lead you in holding this for the coming days.

I wouldn't say that there is just one exchange to use for trading. Everybody's going to have their favorite but at the same time there's going to be a coin that they need to deal with that's not on that exchange which means they have to use a different Exchange. I take most people use the big three, and then add a couple of smaller exchanges in there that are going to have coins that aren't going to be found anywhere else.

Yup Bittrex is better to use than Poloniex. The easy and well understandability of the rates show good view of what is happening all around. Good thing is that the recent coins and their all arounds are better show in Bittrex. Besides the interaction with traders and goods are easy here. You can observe the ups and downs easily for any individual coin.

I will go for bittrex because that is the exchange that i have been using for long months right now and i don't have any problem with bittrex and they have a very user friendly website and they also got very simple look of their site which is i really like and i also like their chart because it is very simple with tools also that i can use for better trading.

I think Bittrex is good for day trading. On Poloniex sometimes there are problems with withdraw and deposits. Also malfunctions like orders problem. Sometimes it misses. I don't know why. Also there's a rumor that you can withdraw the funds even if you did not enter the 2FA for authentication when you enable it. https://www.reddit.com/r/ethereum/comments/6t9sxf/attention_reddit_user_claims_that_poloniex_2fa_is/

Most time I use poloniex exchange and bitmex/bitfinex exchange because they are good and you will be able to leverage your trade in addition with trading with fait. Although am finding it difficult to believe why you said that you are limited trading on bittrex because is one of the best exchanger for altcoin trading.

Might be possible that he's enjoying the pump team who's working inside trex and he's really earning a lots I once got a chance to see this group with their telegram and at once I was able to got in at the timing but then after I lose a lot because I think before they sending tips they already accumulate and it already a trap when the time I bought so I stop following them anymore.

Why do you feel limited on bittrex? It the best existing exchange platform for me. Poloniex is a pure scam, never deposit money there. They haven't paid my ethereum for 25 days and litecoins for 8 days. No answer from so called support team.

Also stay away from etherdelta, the volume is crazy low there. It's not for day trade.

The biggest thing that stops most people from using a couple of exchanges at the same time is the fact that at this point you might have to have $60 for it out Bitcoin between two exchanges in order to be able to withdraw above the limit.

I have same question for you. Why you are feeling limit on Bittrex. It is better than all other common exchangers we have in market. The interface and interaction they provided for all type of clients is quite friendly. You will be knowing all important factors on screen when dealing with exchange the money on these exchangers.

If you are looking for a high volume trading exchangers besides bittrex then my suggestion is poloniex karana I am not sure for sure with cryptopia because I have never tried trading on that exchange, the end of this poloniex has little problem.

Poloniex is good for trading because it has large trading volume than other exchanges. Bittrex is also good by volume is lesser as compared to poloniex.