chaser15
Legendary
 Offline
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
|
 |
June 16, 2017, 09:56:03 PM |
|
I only trade in one exchanger thats poloniex. Lower spread than other exchangers i like from poloniex. Also for me, it seems quite inconvenient if just trade 1 coin in multiple exchanges.
Also for me. I tend to trade one coin on a single exchange. Im just using other exchanges because some coins I trade are not present on the other. But for same coin and then doing it on multiple exchanges, sounds hassle to me plus doubled the fees when you want to withdraw. Others want to trade single coin on multiple exchange just in case one exchange got fraud still they have the coins on to other. Well reasonable at all but I just find it too much hassle. |
|
|
|
|
|
|
If you want to be a moderator, report many posts with accuracy. You will be noticed.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
ozaeri
Member
Offline
Activity: 84
Merit: 10
|
|
June 16, 2017, 10:07:36 PM |
|
I trade at bittrex, poloniex and bitstamp. For big altcoins poloniex has the volume so I trade those uniquely there. For all other altcoins I trade at bittrex and for bitcoin to fiat I trade at bitstamp.
|
|
|
|
ohlawdy
Full Member
Offline
Activity: 259
Merit: 100
- "Bitcore (BTX) - The Future is Now"
|
|
June 16, 2017, 10:35:28 PM |
|
Mostly trade at 1 exchange , only when they do not support the coin i want i switch sometimes.
|
|
|
|
|
Superways
|
|
June 16, 2017, 10:45:59 PM |
|
No, I don't trade at multiple exchanges. But I have a lot of choices, what I do is if I'm not satisfied anymore with the current exchange I use that is going to make me jump from others. But today I'm currently good with the exchange I use and it's very convenient to me, I don't have plans now of using other sites.
You have to continue your experience at a number of exchange to make yourself aware of that exchanges as if you will not be satisfied for you with your current exchange or if any problem will occur to that then you will be conveniently move to the other. That is a good suggestion for anyone that they have to make themselves expert in most of the exchanges which are working better and are marked as legit by the community as if a suddenly anything happen to one exchange and at that time is good opportunity for any coin to invest in then he will readily use the other exchange for that trade. |
|
|
|
|
|
Skarner21
|
|
June 16, 2017, 11:04:50 PM |
|
Mostly trade at 1 exchange , only when they do not support the coin i want i switch sometimes.
You got the point but also for safety purposes because we heard already before that many exchange sites are down and hack so for safety spreading you investment into different exchange can safe your other bitcoin for other trading site.. So if the exchange site was crash or hack you can be still have investment in other trading site.. But for now we are heard some offline wallet that we can hold many different altcoin in the single offline wallet like ledger nano s.. So i think if you need those coins just transfer your funds from offline wallet to exchange site. but if you are just planning to hold them for a long time its wise to buy a ledger nano where to save both bitcoin and altcoin.. |
Make crypto as your bank.
|
|
|
|
Sled
|
|
June 17, 2017, 02:47:49 AM |
|
Yes i use a lot of exchanges where in they are yobit, poloniex and also bittrex. They are one of the most visited sites where i mostly trade because the coins there are good for trading and making money so i use multiple exchanges to prevent missing something worth it to trade so i can make more money during my trading hours.
|
|
|
|
|
favila
Member
Offline
Activity: 112
Merit: 10
|
|
June 17, 2017, 02:56:48 AM |
|
Bittrex covers every single coin I would want to trade in so I don't see any reason to use any other exchange...
|
|
|
|
el kaka22
Legendary
Offline
Activity: 3500
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
|
|
June 17, 2017, 09:22:15 AM |
|
Others want to trade single coin on multiple exchange just in case one exchange got fraud still they have the coins on to other. Well reasonable at all but I just find it too much hassle.
I'm trading bitcoin against fiats in multiple exchanges but not for the reason of getting scammed but there are some limitations with those exchanges, to come limitations I'm using multiple accounts with the different exchanges. In beginning days I am also facing lot of hassles, but after some experience I got practice to use multiple exchanges at a time. Like how experts are suggesting to use multiple/different wallets types, similarly I am also suggesting to maintain accounts with multiple exchanges. It is just another way of diversifying our risks. |
|
|
|
gilangIDR
Legendary
Offline
Activity: 1526
Merit: 1001
|
|
June 17, 2017, 09:26:51 AM |
|
Yes i use a lot of exchanges where in they are yobit, poloniex and also bittrex. They are one of the most visited sites where i mostly trade because the coins there are good for trading and making money so i use multiple exchanges to prevent missing something worth it to trade so i can make more money during my trading hours.
I have an opinion with you. That with multiple exchanges we can keep and we are safe. Besides the use of many exchanges will facilitate us to trade altcoin with many variations. As we know that not all altcoins are covered by one exchanges. So some exchanges can make us comfortable doing trading. |
|
|
|
|
Blackdeath
Sr. Member
Offline
Activity: 910
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
|
|
June 17, 2017, 11:01:30 AM |
|
Most of the time there difference of price exists so do you withdraw bitcoins from one exchange and sell at higher rate exchange?
I don't exchange my coins from one exchanger to another exchanger as the price difference is not profitable most of the time. Besides, fee is quite expensive now in transfering balance to another wallet. Thus, I think it's waste of money. |
|
|
|
Zadicar
Legendary
Offline
Activity: 1316
Merit: 1020
|
|
June 17, 2017, 12:13:26 PM |
|
Most of the time there difference of price exists so do you withdraw bitcoins from one exchange and sell at higher rate exchange?
I trade at multiple exchanges because many altcoin that does not exist in one exchanger but there are in other exchanger, also ico that launch is not easy to enter in exchanger that have high traffic and trust like poloniex. To move funds to another exchanger it sometimes takes a long time maybe 1 day, I ever do that and the results are not worth it. If you are fan on trading lots of alts then having a single exchanger would really be not enough for you and as you said was true when you do go on high traffic exchange then expect for the transactions would be slower too depending on what you are doing. Multiple exchanges and doing arbitrage betting can really make you money but the transaction times or confirmations would really be a problem here. |
|
|
|
|
lukmandog
|
|
June 17, 2017, 03:04:52 PM |
|
Yes, i trade on multiple exchanges. Poloniex and bittrex are best multicoin exchanges for me. I am selective in trade. Just trading coins that have a clear and good roadmap.
|
|
|
|
|
|
fujyo86
|
|
June 18, 2017, 06:51:00 AM |
|
Yes, i trade on multiple exchanges. Poloniex and bittrex are best multicoin exchanges for me. I am selective in trade. Just trading coins that have a clear and good roadmap.
One thought with you. Trading on multiple exchanges, dividing our balance not on one exchanges only. Because sometimes there is a coins isn't in the listing by one exchanger but on other exchanger's available. |
|
|
|
|
|
eaLiTy
|
|
June 18, 2017, 07:20:36 AM |
|
I don't exchange my coins from one exchanger to another exchanger as the price difference is not profitable most of the time. Besides, fee is quite expensive now in transfering balance to another wallet. Thus, I think it's waste of money.
Arbitrary trading is always profitable,the trick is to have enough coins in all of the major exchanges and constantly monitor the price difference and since sending bitcoin to different exchanges takes a long time arbitrary is not possible but with alt coins you could but i have stopped doing it for the past month because all the exchanges are taking a lot of time to send the coins which makes things crazy and i might do that in future when everything settles down. |
|
|
|
|
iqlimasyadiqa
Legendary
Offline
Activity: 1596
Merit: 1011
|
|
June 18, 2017, 08:40:04 AM |
|
Bittrex became my top choice in trading. I used to use exchange polo, but now it seems there is a problem with the exchange. I will wait until everything can go normal. Comfort and security are my priorities in choosing an exchange in trading. Because with comfort and security I can have a good mood in trading and make the right decision.
|
|
|
|
|
Meowth05
Sr. Member
Offline
Activity: 854
Merit: 267
★777Coin.com★ Fun BTC Casino!
|
|
June 18, 2017, 11:30:07 AM |
|
Bittrex became my top choice in trading. I used to use exchange polo, but now it seems there is a problem with the exchange. I will wait until everything can go normal. Comfort and security are my priorities in choosing an exchange in trading. Because with comfort and security I can have a good mood in trading and make the right decision.
That's the consideration in trading. However, people tend to exchange with multiple sites in order for them to choose which sites offer a cheaper price of coin. However, it's not worth it for me since it'a hussle to make an arbitrage. For me, It's better to stick on one trading site a time so I can focus more in my trades. |
|
|
|
|
Hammonds
|
|
June 18, 2017, 04:11:32 PM |
|
Most of the time there difference of price exists so do you withdraw bitcoins from one exchange and sell at higher rate exchange?
Maybe your intention is arbitration. Yes, I do that, I used to do arbitration from liqui to bittrex and often get profit.  |
|
|
|
|
Amy bowden
Newbie
Offline
Activity: 28
Merit: 0
|
|
June 19, 2017, 09:43:34 AM |
|
I am trading in poloniex and bittrex
|
|
|
|
|
|
Humanxlemming
|
|
June 19, 2017, 09:53:45 AM |
|
Actually, Yes i'm trading using with multiple exchanges.... Well poloniex and bittrex the one that i used mostly because many of the tokens that have been listed with them are bullish! (means that the tokens increasing like all the tokens that have been listed in poloniex that pump towards this month)
|
|
|
|
|
|
vasrasus
|
|
June 19, 2017, 12:26:21 PM |
|
Manybare using Poloniex and they think that this site is safe. I personally have a bad experience on that exchange. Somebody managed to open my account even if I have a 2FA security. Until now, I'm still receiving email that somebody using my account. I only experience this on Polo that's why never used it again and used Trex instead.
|
|
|
|
|
