Do you trade at multiple exchanges?

[coinplus]

The answer is i do, traded at multiple exchangers can be easy to apply the strategy arbitrase in trading altcoins, if there are different price of altcoins or bitcoins between the exchangers, that is easy method to getting fast profit without analisys technical to makes prediction of price, unfortunately the gap of price seldom happen every time.

I will somewhat agree with you. It’s quite nice to do trading at multiple exchanges. Variety is always good. It provides with more opportunities of getting grand profit. As you have talked about the price gap, I would like to add that if you use this gap smartly; certainly you can make a huge profit. So it’s sagacious to keep a keen eye on the price differences.

[1714048833]

1714048833

[Clavulanic]

The answer is i do, traded at multiple exchangers can be easy to apply the strategy arbitrase in trading altcoins, if there are different price of altcoins or bitcoins between the exchangers, that is easy method to getting fast profit without analisys technical to makes prediction of price, unfortunately the gap of price seldom happen every time.

I will somewhat agree with you. It’s quite nice to do trading at multiple exchanges. Variety is always good. It provides with more opportunities of getting grand profit. As you have talked about the price gap, I would like to add that if you use this gap smartly; certainly you can make a huge profit. So it’s sagacious to keep a keen eye on the price differences.

If that's the reality to trade with multiple exchanges then why not take the opportunity now and as I had observe with my past experience trading only with specific exchanger whom I am always involved with, it's kind of no comparison at all I am always dependent of their current market and has no option to divert some funds to other exchangers. Having that kind of idea on trading can be so profitable and if the coin holding I had will frow it's price eventually, I think I will harvest a sustainable digital wealth in the future.

[futile-resistance]

The answer is i do, traded at multiple exchangers can be easy to apply the strategy arbitrase in trading altcoins, if there are different price of altcoins or bitcoins between the exchangers, that is easy method to getting fast profit without analisys technical to makes prediction of price, unfortunately the gap of price seldom happen every time.

Yes this is a very good strategy of getting more profit. Trading in multiple changes will leave you with very less chances to face loss as when you trade in multiple if one’s value fall others fill the loss. It can never happen that all exchanges fall in loss. Let say that you are trading in 5 exchanges and value of 3 falls the profit from other 2 will fill it and make it stable.

[maeusi]

The strategy is very good to compare prices at different exchangers, but it only works, if the trade volumen is high enough for the traded coins.

[suryana]

I only trade on one exchange. Because for me it too much trouble to move the balance from one exchange to another. Although conditions at the time allowed me to make profit. Because, every transaction requires a time of confirmation and sometimes quite long.

[RealPhotoshoper]

The answer is i do, traded at multiple exchangers can be easy to apply the strategy arbitrase in trading altcoins, if there are different price of altcoins or bitcoins between the exchangers, that is easy method to getting fast profit without analisys technical to makes prediction of price, unfortunately the gap of price seldom happen every time.

Yes this is a very good strategy of getting more profit. Trading in multiple changes will leave you with very less chances to face loss as when you trade in multiple if one’s value fall others fill the loss. It can never happen that all exchanges fall in loss. Let say that you are trading in 5 exchanges and value of 3 falls the profit from other 2 will fill it and make it stable.

Arbitrage , besides to do that trading style for me it is a must to trade in multiple exchange.
It is to avoid exit scam , as noone knows certain online exchange could exit to scam its user anytime.
Storing money on a third party never be a good idea , so just make sure to becareful.

[Taskford]

Yes, I do. I trade at different exchanges because not all the coins are listed in one exchange only because some of the coins that you like are located in different exchange and there is no choice for a trade but to create an account there and trade to that site also to grab the chance to earn money.

[RedX]

Yes, it's a good chance to make a profit. It's part of trading and that is why the word arbitrage existed. But to tell you it's hard. I once seen a coin that is only pumping one exchange but the other was not. So I bought it and then transfer but it took a day before it shows in my address so meaning the pump was over and I was late to trade it.

[racasanuk]

I have tried arbitrage back in the past but in the end I had to stop as I found it a bit to nerve wracking and it often didn’t work out as I had planned

[Halmater]

i was using many exchanges for altcoin arbitrages but bots killing it its almost impossible to make arbitrage between exchanges.so right now uing only bittrex local Exchange and  kraken.

[SportsbookBettor]

Trading at multiple exchange is good because you lower the risk of all your investment. Spreading your funds across multiple exchange is give you much lower risk of losing if one of the trading site experience a bad situation. Some trade on different site because they want to take advantage of the trading price.

[SiNeReiNZzz]

It's called arbitrage trading.  Here's why all the prices aren't the same:

-There's a "spread" on most exchanges, which is the difference between the buy and sell prices.

-Some exchanges have high fees (e.g. Coinbase)

-Some exchanges are dysfunctional (Bitfinex, BTC-E, Chinese exchanges), and some exchanges are also extremely shady/annoying when you move large amounts (BTC-E, Poloniex and more).

Overall doing arbitrage with several exchanges can get very hard.  There are some minor opportunities with the extreme price fluctuations that go on, but they're gone very fast.  I don't recommend you get involved unless you know what you're doing or you can trade with foreign exchanges (like South Korea).

I do those kind of stuffs before when the market is yet or a bit stable, but for now using these kind of method is a little risky considering the market that it is not yet stable due to some news and the current happenings. Some people also like to apply these kind of method "arbitrage" because they find it way too easy for them and profitable.

[KennyR]

Trading at multiple exchange is good because you lower the risk of all your investment. Spreading your funds across multiple exchange is give you much lower risk of losing if one of the trading site experience a bad situation. Some trade on different site because they want to take advantage of the trading price.

Yes, trading at multiple exchanges gives a better understanding about the market for the respective currency. Each exchange was quoted with different price margins. So trading through different exchanges will help predict the right price for the bitcoin.

[legendbtc]

The strategy is very good to compare prices at different exchangers, but it only works, if the trade volumen is high enough for the traded coins.

Yes, you are right comparing the coin price it will be very easy to track but some times it is always a good idea to start shifting your investment into two or more exchanges in this way you increase your capital when the price of the coin is increased.

[chocolah29]

The strategy is very good to compare prices at different exchangers, but it only works, if the trade volumen is high enough for the traded coins.

Yeah like you I always compare rates in different exchanges and choose where I trade. If its more higher in that exchanger then I'll go with it but I also look if its trusted exchanger or not. Its name and credibility of exchanger is a must look for me. And its nice to have a wide variety of exchanger in the internet.

[lovesybitz]

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

I do agreed that this one called arbitrage. Anyway, yes I do use multiple exchange when doing trade in the market.
Because if you are one of the member in this industry and like to earn big profit bitcoin. Arbitrage is one of the good ways to get bitcoin profit as long as you're going to buy a huge of it.

[sujonali1819]

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

Trades on multiple exchange is profitable but risky.when you will try to trade in multiple exchange you must check both exchange that withdraw and deposit is normal or temporalily unable.if all things will normal in both exchange then you should trade.

[sulendra12]

The strategy is very good to compare prices at different exchangers, but it only works, if the trade volumen is high enough for the traded coins.

Trade at multiple exchanges are good for arbitration trader since they compared price between two exchanges for hope getting profit faster but keep in mind arbitration has a risk as well like how much your transaction confirmed and while your transaction being confirmed make sure the price not going down.

Also trade at multiple exchanges can help you to trade your coin(s) which not listed on one exchange, so you have different source and place to trade.

[wumBowo]

i've traded on multiple exchanges before (bittrex,cryptopia,mercatox) , but for now i only focused on bittrex. Maybe one day, if i have enough BTC already , i'll go in poloniex

Well, i added liqui and etherdelta to my list.
Even liqui still need an optimized code they listed some ETH tokens that not on bittrex, they have a potential to become big later IMO.
Etherdelta with their unique system (decentralized exchange) bring some new atmosphere that we can fully control our address and yes the reason i'm using it because of some tokens that listed that not on bittrex as well.

[Beparanf]

i've traded on multiple exchanges before (bittrex,cryptopia,mercatox) , but for now i only focused on bittrex. Maybe one day, if i have enough BTC already , i'll go in poloniex

Well, i added liqui and etherdelta to my list.
Even liqui still need an optimized code they listed some ETH tokens that not on bittrex, they have a potential to become big later IMO.
Etherdelta with their unique system (decentralized exchange) bring some new atmosphere that we can fully control our address and yes the reason i'm using it because of some tokens that listed that not on bittrex as well.

Bittrex and polo is good yet there are really some alts that are not listed on it , and it's late sometimes to put some new alts there so its nice to have some backup but other than the two we should be careful on using others.