Currently, with exchange fees in the 2-4% its difficult to make any profitable short sell because the price change needs to be 2-4+% in order to make profit. Coinbase just increased their fees from 1% to 1.5% which makes a big difference for margin trading. 1.5% fee when buying bitcoin, then another 1.5% fee converting it to USD for a total of 3%. Does anybody have any suggestions on how to make margin trades more effectively and not get reamed by exchange fees? I tried playing different exchanges off each other, but in the end, when taking into consideration the fee differences, its about a wash. Thank you very much!
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