Do you trade at multiple exchanges?

[Enzo05]

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

Yeah if you are a token holder you might want to look for exchange that has a higher value of you token . Comparing exchanges is a must if you wanna gain profit but you also need to check the fees so at least you wont get lose big amounts when it comes to withdrawal .

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[Fatunad]

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

Yeah if you are a token holder you might want to look for exchange that has a higher value of you token . Comparing exchanges is a must if you wanna gain profit but you also need to check the fees so at least you wont get lose big amounts when it comes to withdrawal .

As a trader this kind of behavior would really be the common thing to be done on where we do always seek out for the highest price of our token holding because we do like on having more profit.For now i do only focus into one exchange as long the token i have on can be traded on there then i do make trading without even tending to see another exchange price. Exchange fees is always an important thing to consider.

[Md.Sufian]

 I understand he must be talking about arbitrage trading only because other than arbitrage trading I could not find any advantage of trading in multiple exchanges. This is very convenient.

[Xising]

As much as possible, I try to avoid opening in multiple exchanges because it increase the probability of the risk in my security. The more I open accounts to various exchanges, the more risky it is for my beloved and precious coins. So, I try not to do that, despite the perks of earning more in trading at multiple exchanges.

[mudasarali43]

No I don’t like trade every new exchange or trading platform because I think it’s all about financial situation and position of account maker and traders so I think we should trade only best trading platform which we have believe in mind and satisfaction about the working position and think this is the platform is good for trading, 

[hurriebra49]

Yes its good for different new tokens and new ICOs opportunity for the new tokens, when I am investing in new ICOs and their tokens are listed in different different exchanges, so for the purpose of selling or trading I need to make registration on different exchanges for the sake of selling my new tokens or coins or trade on it,,

[nieninja53]

No I don’t like to trade on new exchange, I am working with some good coins that makes my trading in a good portfolio, I like to trade my favorite coins which some about I have assured that they are good in my trading portfolio,

[Tamilson]

As much as possible, I try to avoid opening in multiple exchanges because it increase the probability of the risk in my security. The more I open accounts to various exchanges, the more risky it is for my beloved and precious coins. So, I try not to do that, despite the perks of earning more in trading at multiple exchanges.

There's only a risk actually when you import your private keys there as it can compromise when the exchanges gets hacked but as long as you didn't do anything like that it's fine to do trade in multiple exchanges. And not all our coins or other pairings don't have in all exchanges plus different fees so it's more unlikely to try all those.

[manggis97]

I dont trading by arbiratge stratgey because i have to make alot of account of exchange, and this is make me not efisien in trading. I only use 3 different exchange and trade on pair crypto with USDT to be more easy to trade.

[notthematrix]

Only when I can not go on binance, otherwise  I just trade where In eed to be to trade

[Purplefinder]

Yes its good for different new tokens and new ICOs opportunity for the new tokens, when I am investing in new ICOs and their tokens are listed in different different exchanges, so for the purpose of selling or trading I need to make registration on different exchanges for the sake of selling my new tokens or coins or trade on it,,

Yes, next hash is  listing some new ICO's too.
http://Http://t.me/nexthash

[XFlowZion]

I'm certain that most of traders do that. There are many circumstances that a coin you want to buy is not available like it's not on Binance and it is only listed on Kucoin or Hitbtc. I already have 9 exchange accounts.

[bitllionaire]

Yes its good for different new tokens and new ICOs opportunity for the new tokens, when I am investing in new ICOs and their tokens are listed in different different exchanges, so for the purpose of selling or trading I need to make registration on different exchanges for the sake of selling my new tokens or coins or trade on it,,

In fact all coins are not available in one exchange and therefore for trading a particular coin we need to use such exchange where the coin is available for trading, for example cardano is present in ccex but is not available in yobit therefore if you have account in yobit you also have to open account in ccex if you are interested to trade cardano.

[loraalbert]

Yes, I have exchanged a few places. It is bittrex, binance, kucoin, yobit ... Depending on the type of coin listed to choose the right exchange page. In addition, online wallet always has a danger. Divide your coin into other walltets or put on different trading sites to be safer, and more effective.

[Arwinkim]

You question should be simplified to be "do you do arbitrage trading?"

Personally, I never trade at multiple exchanges to chase margin from different exchanges even some people claim it is risk free. You know it is very slow and price changes fast. Do I forget about mentioning transfer fee and spread? You can buy X token in binance and sell it higher in Bithumb, but remember never think both exchanges have same fees.

Danger also comes when you upload your private keys to random exchanges. Only trade in exchange trusted by a lot of users.

Good luck.

[jdkly]

Some people specialize in low-priced high-priced selling to make money, but now it becomes difficult because the cost of the transaction plus the time cost, so that some inexperienced players lose money, before doing this, need to do a lot of work, risk Very high, but the profits are also high. Good luck!

[mrproblem]

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

That is what I am doing daily as arbitrage.
So I have account may be more than 20 exchange and I am using 6 of them most of the time but in case of need others there can be huge profits daily like 10+ %

[rhodelmabanal]

I didn't allowed myself trading in other exchange but it will happen after my lost attempt in my account yo recover my accounts.  But it makes difficult to sell in many exchange rate because it could keep you finding your private keys and password if you don't organized well. I did sell only in one exchange rather practicing in many times.

[Nivir]

I am trading in different exchanges as there are some coins not listed in the other and I also prefer as much as possible the exchange that have the most volume when trading a coin. Arbitrage is very hard this time as the fees are very high compared to before.

[Pool0x]

There are a big differents in the price between difference exchanges