Bitcoin Forum

Hi. I am newbie, as you already understood. I want to discuss exchanges, because I am a curious person :P and I consider this subject as a very important one for loosers like me.  ::)
2 questions
1. Why prices for the same currency are different on a different exchanges?
2. Which exchange do you trade on and why?

Before all this bullshit, why do you consider yourself as a looser? came on mate, you dont have to say those kind of words to yourself.
Anyway, regarding to your question, i am only using Poloniex and Bittrex, and i think that most of the people who are in this forum are using the same exchanges, because we all know that they are the only ones who are able to diserve our trust and our funds, of course.
So dont use a shitty exchange, because you are probably going to be stoled in there.

This question has been asked many times before, so you might aswell use the search button, or google it.

1. Because the demands are different on different exchanges, due to other people trading on each exchange. Volumes for example are going to be different aswell. However, this usually resolves itself because of arbitrage. See, https://en.wikipedia.org/wiki/Arbitrage

2. Poloniex & Bittrex.

I like the layout of Poloniex & i have never had a problem with them in the past. I'd say the same goes with bittrex but i feel they're a little bit safer, that's just a feeling and hasn't been proven at all.

I tend to only trade on the exchanges with the highest volume, so i guess that is a big reason aswell that i trade on bittrex/poloniex.

Yobit. It has a good selection and is anonymous (or at least you can be anonymous).

Not to mention that it is also an exchange with russian gateways to potentially launder enormous amounts of money, and that they are registered in the middle of nowhere + the fact that they have no volume + 99% of their coins are shitcoins that are being pump & dumped.




A post i made earlier this year covers this, i really wouldn't state that yobit is the "Best" exchange.

There's a shit amount of reports and complaints about them.

https://bitcointalk.org/index.php?topic=1857032.0 for example.

I really like Bittrex. For their size, they have decent support and a variety of coins. Saw some stuff about people having their accounts disabled and stuff, but I guess they must've had their reasons. However, lately I've been really getting into binance. Awesome support (from what I've seen) and no shady shit. At least so far. Plus the interface is far better than trex'.

Why this was so disgusting for me to see you said yourself as a loser, or you just try to make a troll for yourself.
I give you my answer about that.
1 It caused by the volume of each exchange site is different, But you don't see the difference between the exchange site. If you are seeing the different pair on the same exchange and I think that gives you the different price.
2 Just try to trade on the major exchange and why? to keep the security will be stable and the important thing you can try to dump your coin instantly without waiting for the big order. You can folllow the whale.

I think yobit is no longer a good trading platform. Compared to other exchanges such as bittrex or poloniex, yobit is too small. While other exchanges have been steadily growing, yobit has shown weaknesses in its ability to grow.

Before all this bullshit, why do you consider yourself as a looser? came on mate, you dont have to say those kind of words to yourself.
Anyway, regarding to your question, i am only using Poloniex and Bittrex, and i think that most of the people who are in this forum are using the same exchanges, because we all know that they are the only ones who are able to diserve our trust and our funds, of course.
So dont use a shitty exchange, because you are probably going to be stoled in there.
[/quote]

[/quote]Why this was so disgusting for me to see you said yourself as a loser, or you just try to make a troll for yourself.
I give you my answer about that.
1 It caused by the volume of each exchange site is different, But you don't see the difference between the exchange site. If you are seeing the different pair on the same exchange and I think that gives you the different price.
2 Just try to trade on the major exchange and why? to keep the security will be stable and the important thing you can try to dump your coin instantly without waiting for the big order. You can folllow the whale.
[/quote]


Of course, I am kidding by calling myself a looser. I just mean that I dont know much about Crypto-economy and trying to learn.
I am trading little amount of money on Poloniex, but there are some issues with it lately. First of all, I heared that sometimes it 'lugs' during important movements, so you can't really control situation and start to loose money. It never happend to me because I am a small fish, but heared some stories from my friends with bigger deposits. Secondly, I know that  the volume is bigger on Bittrex, there are more coins present, and I dont really like chart system on Polo.
There are plenty of exchanges, I know that :). American, Russian, Japanese and many other like Bitfinex, Bitmex, Kraken, BitFlyer and so on.  Every exchange has it's own aspects and every trader has his own strategy, so it was interesting for me to know your opinions about this.
Thank you for your answers  ;D

Your not a loser since you are in bitcoin you have chance to know a lot of things here and gain knowledge and start earning.


It's because not all coins does have the same demand, the same supply and market cap so prices are moving.


Bittrex, poloniex and don't use yobit because it's the worst exchange that I know.

Dude, use only polo, all another exchanges - scams. Polo-trading-bots can make u a richman if you don't make margin trades.

I have like to trade poloniex, bittrex and cryptopia. because these are big exchange and easy to use.but few days ago i feel some problem in bittrex that is limited withdraw limit for those did not active 2fa security.And after active 2fa it now normal for me.
Only rare time price are different in  different exchanges when a group want to pump any coin in one exchange.

why you say all other exchange are scam? are you sure about all the exchange are scam without poloniex? i think you should to learn more  to decide any exchange scam or not.

I think bittrex is the best exchanger. Many people likeme are havea trust to the bittrex.  Bittrex has a high security that can secure and protect the coins of the traders.

1. Why prices for the same currency are different on a different exchanges?

The volume is different for each exchange and often times there are different people trading on them with different price expectations. There is a delay to transfer currencies from one exchange to the other and thus the prices can differ.

2. Which exchange do you trade on and why?

I use bittrex mostly, the UI is much better than any other in my opinion.

i used to trade on bittrex for a rather long time but recently they started acting very shady. they blocked lots of accounts and kept the users funds hostage. there has been lots of other complaints about their exchange too. so i am currently looking for an alternative myself.
i am using cryptopia but it is a small exchange with not enough liquidity despite being a good platform.

Currently,trade is a phenomenon that has become a daily activity in the world of cryptography.An unconditional leader among the international exchanges for the exchange of cryptic currency is the English-speaking Poloniex.

I actively use Binance & Cryptopia, and also have an account with Bittrex that I haven't really used. It can be a bit frustrating be cause certain coins will only be available on certain exchanges, (like HitBTC has a pair I want to trade, but I don't want to make an account with them just yet...).

I like Binance's back-end and system, it's very clean and easy to use. I used to trade Forex, so I feel like these are still lagging behind currency charts/indices (price isn't always clear on the charts with the cursor, etc).

Cryptopia I use because it allows local currency and is sort of the "gateway" into using/buying other coins/tokens/ICOs/etc. :)

I like GDAX for BTC, ETH, LTC and BCH.  Mainly because limit orders are free and I like how the charts are setup. Free trades though is big when your just learning and will most likely lose more often than not. This will minimize lose.

Only on Kucoin, and cryptopia, and sometimes Binance.

But i am only using them because they are not asking you to provide your ID's before sending money there and being able to trade with it.

Those are the only reasons of why i am using them at the moment, otherwise, i wouldn't

Each exchange has their own different formulas and algorithms for placing a price on bitcoin and that is based on volume and how much btc is in the system I believe. I prefer to trade on Cryptopia mainly but that is because I first began there and on top of that I enjoy their interface and night mode. Easy to browse and never had an issue with support!

1. Prices differ from exchanger to exchanger, when trading volumina are different. The higher the volumina the more stable are the prices.
2. I trade on several exchangers like Poloniex, Cryptopia and Bitfinex, Yobit and Livecoin depending on the cryptocurrencies I want to trade and depending on the features I want to use. Poloniex and Bitfinex for example also offer lending platforms, Cryptopia and Yobit offer also free coins, Poloniex has the best mobile interface and makes trading easy and Livecoin and Cryptopia have also exotic coins listed. I use also several exchangers to have not all my funds on one of them and risk to get cheated.

I am doing the same as Zocadas, and don't forget to use different e-mails for different exchanges  ::)

I tried also desktop version of Binance, but it looks like their API isn't good. I see deviations from actual price of tokens. Hope they'll fix that.

I also have the same problem as you with the Binance commercial page. I'm sending support from Binance and I hope they fix that soon. Accurate signals help traders make timely decisions that optimize returns, which are very useful in the cryptocurrency market.

Exchanges are all businesses of course they set their own mark up differently some based on the transaction fees they need while others based on the percentage of mark up but majority of these existing exchanges we have at this moment are all legit you can try yobit, bittrex and poloniex those are some of my favorites you can also depends on what majority of people here use surely that will help you to decide.

Binance and Bittrex is my top answer because personally I am using it for my daily trade.
The volume is good and the support is great so I think I will not look for another exchanges as long as they will continue to list good coins.
As a day trader I like to see a lot of coins so I can choose which to trade that could bring short term profit.

I really like Cryptopia to make my trades even though I like Binance because it's where usually a lot of pumps happen. There are so many coins out there that rises but only Cryptopia made them go 10x-100x easily when it got listed there.

why you think you are looser , not one thing every loss will gain some knowledge and you will use same thing in next game or investment.

1. Why prices for the same currency are different on a different exchanges?
its simple depend on traffic on particular exchange and exchange located from Country ?

2. Which exchange do you trade on and why?
i Use Kucoin and Hitbtc currently due to high security of my account such as SMS verification on each transfer , google auth is normal now days and high traffic is also there. less fees i pay to these exchanges

one more thing if you are going to invest right now , tip from my side invest in Red market and sell it when it converts to green you have to wait fro long term, currency day trading is not safe

I'm trading on Binance now, quite smooth, good support, various kinds of [Suspicious link removed]d volume

it is because on each exchange have a different amount of trader and they want to buy and sell at the different price and that is why for the same currency is always has a different price for different exchanges. I think you should this first and many of traders use this as their opportunity to make a profit by doing a buy order in exchanges "A" and then they send the coin to exchanges "B" which has a high price so they will get a profit.

I am using poloniex, bittrex, sometimes in cryptopia and novaexchange and also c-cex. but most of my time is on poloniex and bittrex. but I heard that bittrex is close their registration for a new member but I am not sure about this.

Bitrex, etherdelta and binance are now widely used for trading purposes. I see in this list also bitrex most choosy wallet among the forum member. I also use freewallet, it's a very trustful one.
For me, i would choose between cryptopia and binance, they are pretty good. Coinbase is very trustful but rather limited. And also freewallet is a very good one - with lots of coins availible and low fees.

Chinese users basically use the fire coin, the fire coin is now China's biggest, every aspect is good, is sometimes the card, after all the user is much, sometimes also suffers the peer envy! But now they have made great efforts, the website has been very stable! Chinese users are basically here.

1. the price in each exchange will be different because the price will always be influenced by traders in the exchange, but usually in each exchange will not have different prices too far because many traders are doing arbitration.
2. I always use bittrex and binance, the reason is because they have high trading volume and have a good security.

Good question !!!
I was also looking for the exchange recommendations from senior traders. Someone recommended me Bitmex , and i am really enjoying trading on it.

You must try it. it offers 100 X leverage with no expiry date. But I don't use more than 2X leverage. Be careful while taking leverage.

Happy Trading !!!

For me the most user friendly exchange the mostly used exchange is Binance, the main issue with Binance is it takes more time for new coins to get in so you would have to wait for sometime to invest on new alt coins which could reduce your profits since when the coin hits the exchange its already up by a lot.

On the other hand Ether Delta seems to get new coins in soon but I hate the crappy UI of it and as I read it got hacked few weeks back so I personaly avoid dealing in that exchange.

Regarding your question onto why the prices of the same currency or coin have different prices on different trading sites is probably the investors on those trading sites are different and sometimes the pull of the prices depends on the buy and sell of the coin. And for the exchanges I am using, I am venturing from one exchange toa nother because nit all have the same coins I am also investing such as Poloniex, Hitbtc, Binance, Bittrex and sometimes Mercatox.

I'm using Cryptopia, is quite good, I have a group too

I often trade now on Hitbtc, cryptopia and coinexchange. Sometimes I also us Binance, Bittrex , Kucoin and Yobit.
The exchanges that I always are use are for short-term trading and the less I use are for long term.

They are far good enough.. Anyway, there are better ones just like IDEX; it is a brand new one and it works perfectly just for being a newbie exchange.
And it is not asking for ID's or just for KYC's though..

I like Etnerdelt, there is an opportunity to trade coins that just appeared.

BitTrex and Binance for all the analysis options.

I used multiple exchange but i prefer Kucoin and Gate.io because in these exchange not need verification identity so we can start trading after a few minute registration. They has also telegram official group so when any problem we can directly ask there without wait a few days like others exchange. In these exchange also many potential coin available to trade with big volume.

binance is good exchanger , why I'am like binance exchange because high volume transaction and than visual site and app is good , full color and than website for accsess it smoothly.

I have an account in some different exchanger like poloniex and bittrex.
I also have an account in my local exchanger based on my country. I trade in those 3 exchanger because they are good but most i trade in local exchanger.

I recommend you to try binance this exchange is very trusted and the volume is really high bittrex is also a good exchange but there are some accusations against the site so be careful.