Do you trade at multiple exchanges?

[jaymmagne]

I traded in 3 different exchangers like Poloneix, livecoin and bittrex. I think this are the most famous platform exchanger for trading. The price are different but it is always close with other prices in different exchanger.

[1713500040]

1713500040

[Potato Chips]

in the past yes but i'm not doing that anymore as I am extremely picky on the coins that i buy, luckily the same also applies to poloniex.  so far i'm satisfied with the price and

the fees. what i don't like is they are extremely cautious on users that has a large amount of money there. its okay to use different trading platforms because technically its

possibly profitable that only thing that hinders you from that is the confirmation time and transaction fees at the same time. you know that bitcoin is very volatile right so its

possible that your ideal price in a certain platform may not be the same when your deposit there shows up. on the other hand if you want your deposit to quickly show up you

have to pay higher fee.

[Ragmer]

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, I only use one exchanger to easy to control my balance, one exchanger is enough for me because I have trading skills, I can easily earn profits with my skills.

[BitcoinGirl.Club]

Most of the time there difference of price exists so do you withdraw bitcoins from one exchange and sell at higher rate exchange?

Of course i use multiple exchanges to maximise on profit considering fees imposed on us also varies alot on these exchange platforms but i do not limit my self to bitcoin trading only as altcoin trading presents a decent profit opportunity.

[joromz1226]

Most of the time there difference of price exists so do you withdraw bitcoins from one exchange and sell at higher rate exchange?

So far, I am using Bittrex, and yobit but most often was bittrex, and when times come that I'am going to have a lot of profit in bitcoin i'll take the chance to add more exchange to trade my coins.

[mirakal]

Most of the time there difference of price exists so do you withdraw bitcoins from one exchange and sell at higher rate exchange?

So far, I am using Bittrex, and yobit but most often was bittrex, and when times come that I'am going to have a lot of profit in bitcoin i'll take the chance to add more exchange to trade my coins.

I used yobit before but due to bad review by members here I stick to a more reputable like poloniex and bittrex if I like to see a lot of coins.
These are the two exchange sites that I can recommend, and also I used liqui and c-cex sometimes, it's good to have a lot of exchanges but one thing to remember is never leave your coins in exchanges because they are vulnerable to hacking.

[Fatanut]

Most of the time there difference of price exists so do you withdraw bitcoins from one exchange and sell at higher rate exchange?

I use multiple exchanges but not for this reason. Yes it is true that you can earn some money by buying at a low price at one exchange and then selling at a high price at another exchange. But with the transaction time, I don't know if it's really achievable. Maybe if you know programming and can set a script for VPS, then this might work out. I'm using multiple exchanges only because there are coins that are not in bittrex. There are coins that are in bittrex but not in liqui and vice versa. There's also etherdelta and tidex where new coins are available already but not on bittrex and liqui.

[MiXxe]

Most of the time there difference of price exists so do you withdraw bitcoins from one exchange and sell at higher rate exchange?

So far, I am using Bittrex, and yobit but most often was bittrex, and when times come that I'am going to have a lot of profit in bitcoin i'll take the chance to add more exchange to trade my coins.

I used yobit before but due to bad review by members here I stick to a more reputable like poloniex and bittrex if I like to see a lot of coins.
These are the two exchange sites that I can recommend, and also I used liqui and c-cex sometimes, it's good to have a lot of exchanges but one thing to remember is never leave your coins in exchanges because they are vulnerable to hacking.

Many of the coins were not available in one exchange especially newly finish crowdsale coins go to its different exchange so i track them(the good coins to have an invest). Like PBT coin and now i am waiting for Tezos coin.

[ecnalubma]

Yes everyone must practice it multiple investment in order to minimize risk. Putting all your coins on one platform is a suicide move when the website collapse so is your investment.

Even investing in many cryptos is advisable. Multiple investment also avoid domino effects and getting broke.

[Simss]

You profit off of the price difference between the exchanges instead of profiting from the increase in price of bitcoin. its called arbitrage.

buy eth at price 0.08 on bittrex and sell eth at price 0.1 on poloniex that is example arbitrase are you understand ?

[Haladay]

You profit off of the price difference between the exchanges instead of profiting from the increase in price of bitcoin. its called arbitrage.

buy eth at price 0.08 on bittrex and sell eth at price 0.1 on poloniex that is example arbitrase are you understand ?

I don't know him, but yes this is the way I understand arbitrage. What is wrong with this? And the gap between never be like this much.

[Raja_MBZ]

I use Poloniex & Bittrex.

-Poloniex to trade BTC/USDT/ETH/ETC.
-Bittrex to trade ZCL only.

[xIIImaL]

Yes everyone must practice it multiple investment in order to minimize risk. Putting all your coins on one platform is a suicide move when the website collapse so is your investment.

Even investing in many cryptos is advisable. Multiple investment also avoid domino effects and getting broke.

as a trader you can invest on bitcoin as well as altcoins but for a normal person investing on bitcoin only gives the decent profit with their investment. if you need to invest on altcoins you can prefer etherum, litecoin, dodge and dash. From the past few months waves coins also good option for investers.

[cramcram21]

Most of the time there difference of price exists so do you withdraw bitcoins from one exchange and sell at higher rate exchange?

Nope right now I am only trading at tidex,
But I also used the site bittrex one time when my friend gave me an HMQ it was the first site that I used but right now most of the coins that I have can only be traded at tidex.

[freebutcaged]

Let me do a shitposting on purpose like everyone else here.

Damn right, of course, yes I do, nah that's not for us pros, I do usually have accounts in 3-4or5 exchanges just in case if one of them decided

To fuck me I realize only then that they were are on the same team, then I'm fucked foursome.
Spend enough time on crypto markets to see it for yourself mate, all the admins and staff from exchanges do inside trading, they swap coins

With each other in order to sell you higher and buy from you lower no matter how smart you think you are. every time I tried this, someone

Had better deals than me right before I manage to complete the trade, and when I could get in time then trades were performed out of the

Order book, I once tried to sell a coin for 0.00007700 and right after I clicked on the coin name that price was already gone in 3 seconds.

[faimloup]

If you're looking to do arbitrage, consider doing it with LTC.
LTC confirms fast so if you see a profitable margin between exchanges, you could send fast.

Good luck!

Agreed. Also there is some crazy differentials between altcoins on some of the mid-tier exchanges.

[epinay]

I have tried it once in my life and was disappointed. I thought, I was too clever to get over the system, but due to high fees and long confirmation time, I was really really slow and got minus money

[Mia Wallace]

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, I only use one exchanger to easy to control my balance, one exchanger is enough for me because I have trading skills, I can easily earn profits with my skills.

it is good that if you are focused in one exchange and make things work,i do personally use multiple exchanges and use arbitrary trading when ever i find an opportunity to make some extra dough ,so i do use multiple exchanges all the time and being an alt coin trader i have to use all the exchanges.

[Shahin320]

yes I trade at multiple exchanges,becouse all of altcoin you don't search in a one exchanges,that's why many exchanges must be needed for traders.
I used poloniex,bittrex & livecoin exchange. 

[ultrloa]

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, I only use one exchanger to easy to control my balance, one exchanger is enough for me because I have trading skills, I can easily earn profits with my skills.

it is good that if you are focused in one exchange and make things work,i do personally use multiple exchanges and use arbitrary trading when ever i find an opportunity to make some extra dough ,so i do use multiple exchanges all the time and being an alt coin trader i have to use all the exchanges.

The good thing for focusing on one exchange is you would not have any worries regarding to your arbitrage withdrawal on certain site, But you would surely miss the oppurtunity of buying on lowest price per exchange so the main thing here if you want to do multiple trade on certain exchange is to select those great exchange wich have good volumes on their alt trades.