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Author Topic: How to choose the best exchange service and save your time?  (Read 281 times)
coinplus
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May 06, 2019, 05:55:07 PM
 #21

It is not as easy as just choosing an exchange and trade and that is it! You have to consider many things like national laws of trading overseas, national laws of KYC and information and meanwhile still being able to do it in a right time frame that the price doesn't change.

You can take advantage of the arbitrage numbers here and there if you have multiple bank accounts in many countries and already opened a lot of exchange accounts and shared all your KYC information, if you did that already than this is for you but if you have not it is not going to help you as much as you think it would. I had a friend who had bank accounts in china and of course in our country and he did arbitrage all the time which helped him made profits out of nothing, this would be perfect for people like him.
Supercrypt
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May 07, 2019, 07:06:39 AM
 #22

To be honest, I choose the best exchange by my feeling because I already have experience in a good exchange and bad exchange, so my feeling will say that one exchange will be good to trade.
And if I already feel comfortable to trade in that site, it's hard for me to moves to the other site because I need that feeling of comfortable to trade so I can be able to make a profit.
Maybe you can feel this too, and you already choose the right exchange, and you don't have any problem with that.
Wow, you must really have been lucky, because this method of using intuition to select projects has not always worked that much for people, because the best way to really get the best of what we want from most projects is to do thorough research on them and for exchanges, after I check them out to be sure they will be up to the task.

I also look at their volume and see that I can get my trades done on their site as quick as possible, because fastness is also important in this industry to be able to get a quick turnover, that is why will always stick with my Binance no matter the circumstances.
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