Bitcoin Forum
November 11, 2024, 07:14:14 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Transfer between Exchanges ?  (Read 1715 times)
panzerdeni (OP)
Newbie
*
Offline Offline

Activity: 53
Merit: 0


View Profile
October 12, 2015, 09:42:17 AM
 #1

So yes ? Can i transfer between Exchanges ? Lets say i have 1000 DOGE In Cryptsy and i wan to transfer them to BTER, can i do it directly like, get the deposit address from BTER and input it in Cryptsy Withdraw address ? And with other exchanges ? is it the same ?
Mickeyb
Hero Member
*****
Offline Offline

Activity: 798
Merit: 1000

Move On !!!!!!


View Profile
October 12, 2015, 12:52:38 PM
 #2

So yes ? Can i transfer between Exchanges ? Lets say i have 1000 DOGE In Cryptsy and i wan to transfer them to BTER, can i do it directly like, get the deposit address from BTER and input it in Cryptsy Withdraw address ? And with other exchanges ? is it the same ?

Of course you can! You can pretty much do any transfer, between any exchange and you can also transfer any coin. I've been doing it always and so far I never had any problem except stuck withdrawal or deposit.

Now, I hope you just have taken the above two exchanges as examples and that you are not using any of those two. Both Cryptsy and BTER are falling apart currently and I wouldn't trust them at all.
maokoto
Hero Member
*****
Offline Offline

Activity: 770
Merit: 500


✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪


View Profile WWW
October 12, 2015, 04:31:59 PM
 #3

So yes ? Can i transfer between Exchanges ? Lets say i have 1000 DOGE In Cryptsy and i wan to transfer them to BTER, can i do it directly like, get the deposit address from BTER and input it in Cryptsy Withdraw address ? And with other exchanges ? is it the same ?

Yes, you can. However, many exchanges have trade fees or withdrawal minimums so you cannot transfer all that you would like.

Just try it.

HeroCat
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500


View Profile
October 13, 2015, 07:37:35 AM
 #4

You can transfer, there is not so such a problem  Wink
panzerdeni (OP)
Newbie
*
Offline Offline

Activity: 53
Merit: 0


View Profile
October 13, 2015, 10:08:38 AM
 #5

So yes ? Can i transfer between Exchanges ? Lets say i have 1000 DOGE In Cryptsy and i wan to transfer them to BTER, can i do it directly like, get the deposit address from BTER and input it in Cryptsy Withdraw address ? And with other exchanges ? is it the same ?

Of course you can! You can pretty much do any transfer, between any exchange and you can also transfer any coin. I've been doing it always and so far I never had any problem except stuck withdrawal or deposit.

Now, I hope you just have taken the above two exchanges as examples and that you are not using any of those two. Both Cryptsy and BTER are falling apart currently and I wouldn't trust them at all.


What exchange can you offer me to use ? I dont trade a lot but i dont want to lose it all Cheesy.
hunnaryb
Hero Member
*****
Offline Offline

Activity: 506
Merit: 500



View Profile
October 13, 2015, 11:17:44 AM
 #6

Bittrex or Poloniex are solid.

 

▇▇▇▇
▇▇▇▇▇▇▇
▇▇▇▇▇▇▇▇▇▇
▇▇▇▇▇▇▇▇▇▇▇▇
▇▇▇▇▇▇▇▇▇▇▇▇▇
▇▇▇▇▇▇▇▇▇▇▇▇▇
▇▇▇▇▇▇▇▇▇▇▇▇▇
▇▇▇▇▇▇▇▇▇▇▇▇▇
▇▇▇▇▇▇▇▇▇▇▇▇
▇▇▇▇▇▇▇▇▇▇
▇▇▇▇▇▇▇▇
▇▇▇▇▇▇
 
tiggytomb
Legendary
*
Offline Offline

Activity: 1848
Merit: 1000


View Profile
October 13, 2015, 11:47:08 AM
 #7

You can, you can send to any address you wish.  As stated there are fees to withdraw but you know this already.  Bittrex is a solid exchange.
pereira4
Legendary
*
Offline Offline

Activity: 1610
Merit: 1183


View Profile
October 14, 2015, 04:12:20 PM
 #8

I actually think some people making a living out of doing this, it's called arbritrage, basically you take advantage of the difference in prices between exchanges and buy cheaper in exchange A, then sell more expensive at exchange B. The problem is it takes time for the transaction to arrive so you may not make it.
prodigy8
Hero Member
*****
Offline Offline

Activity: 532
Merit: 500



View Profile
October 14, 2015, 10:53:32 PM
 #9

I made mostly every week (or every month) these kind of transfers.
Mostly doge as the fees are very low comparing to bitcoin.
Yes you can transfer and i personally transfer to/from cryptsy yobit poloniex.
I would suggest to stay away from bter as they are not responding to ticked as they owe people thousands of bitcoins.
PolarPoint
Hero Member
*****
Offline Offline

Activity: 672
Merit: 500


View Profile
October 14, 2015, 11:05:54 PM
 #10

You can transfer coins between exchanges like you normally withdraw to your own wallet. You can arbitrage this way. Buy cheap from one exchange and sell high on another, just don't leave your coins on any exchange for long periods. Withdraw to your own wallet whenever possible, exchanges are targets to hackers.

Mostly doge as the fees are very low comparing to bitcoin.

Very true, bitcoin transaction fees are very high compared to other alts and much slower confirmation too.
prodigy8
Hero Member
*****
Offline Offline

Activity: 532
Merit: 500



View Profile
October 14, 2015, 11:12:24 PM
 #11

You can transfer coins between exchanges like you normally withdraw to your own wallet. You can arbitrage this way. Buy cheap from one exchange and sell high on another, just don't leave your coins on any exchange for long periods. Withdraw to your own wallet whenever possible, exchanges are targets to hackers.

Mostly doge as the fees are very low comparing to bitcoin.

Very true, bitcoin transaction fees are very high compared to other alts and much slower confirmation too.

Best practice is that you first withdraw your coins to your wallet.
Then transfer them to the other exchange as it can take longer sometimes from one exchange to other and if you can afford the fees.
Doge has almost 1-3 Doge fee which i can earn from a faucet within few seconds, good luck.
Amph
Legendary
*
Offline Offline

Activity: 3248
Merit: 1070



View Profile
October 15, 2015, 06:29:18 AM
 #12

i think you lose your tx id reference if you do this, i know it was the case for bittrex, dunno about cryptsy, if they added an option, so i would avoid this if you need desperately to keep it
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!