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Author Topic: Best Exchange for day trade?  (Read 3071 times)
Zabivelli (OP)
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July 04, 2017, 12:19:19 PM
 #1

What's cracking Crypto friends Grin


Recently I started to trade every day a little. I do this on Livecoin.
The thing is I don't know if I also lose on fee charges when the differance beteen buying and selling is little.

On LiveCoin you always pay 0.18% (It was 0.2) fee on trade (buy or sell).

This burns your little profits. I'm not sure but sometimes I think I lose more than I gain because of this d@mn commission.

So I was wondering:

- What's the best exchange to trade dailly?

- On what exchange do you guys trade and why?

- How to prevent the fee charges burning your profit when the difference is small between buying and selling?

Thanks. Grin

Use my link to sign up for Crypto.com and we both get $50 USD. You get many staking advantages and you can get the Visa card to spend crypto anywhere in the world. Every time you spend, you get cash back in $MCO. Depending on your card you get free Netflix, Spotify, Airport lounge key and other benefits! The cards are free!
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July 04, 2017, 02:40:03 PM
 #2

What's cracking Crypto friends Grin


Recently I started to trade every day a little. I do this on Livecoin.
The thing is I don't know if I also lose on fee charges when the differance beteen buying and selling is little.

On LiveCoin you always pay 0.18% (It was 0.2) fee on trade (buy or sell).

This burns your little profits. I'm not sure but sometimes I think I lose more than I gain because of this d@mn commission.

So I was wondering:

- What's the best exchange to trade dailly?

- On what exchange do you guys trade and why?

- How to prevent the fee charges burning your profit when the difference is small between buying and selling?

Thanks. Grin
Would like to ask on what exchange you do trade? Im not too familiar about Livecoin since im not trading it. Usually i do trade on poloniex im not sure if theres livecoin on there i havent still checked yet. Seeing on the fees its really ridiculous it will really hurt you up specially when you do actively buy and sell. If you are only gaining small profits then this fees would hurt you up.

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July 04, 2017, 02:52:32 PM
 #3

Exchanges are on this board https://bitcointalk.org/index.php?board=223.0
Better do some readings and make your own choice.

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Zabivelli (OP)
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July 04, 2017, 02:53:27 PM
 #4

Quote
Would like to ask on what exchange you do trade? Im not too familiar about Livecoin since im not trading it. Usually i do trade on poloniex im not sure if theres livecoin on there i havent still checked yet. Seeing on the fees its really ridiculous it will really hurt you up specially when you do actively buy and sell. If you are only gaining small profits then this fees would hurt you up.

I trade on Livecoin.net ... it's not a coin, it's a trading website like Poloniex...

I don't trade on Poloniex because their fee charges are much higher...So I wonder why many people trade their Roll Eyes

I know Gdax doesn't charge you AT ALL when you fill the buy/sell orders. But they only have 3 or 4 coins you can trade, that s&cks, because imo you can make more profit weigh Alt coins because there is more up and downs.


Use my link to sign up for Crypto.com and we both get $50 USD. You get many staking advantages and you can get the Visa card to spend crypto anywhere in the world. Every time you spend, you get cash back in $MCO. Depending on your card you get free Netflix, Spotify, Airport lounge key and other benefits! The cards are free!
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July 04, 2017, 02:55:30 PM
 #5

Exchanges are on this board https://bitcointalk.org/index.php?board=223.0
Better do some readings and make your own choice.

Thanks man, how did I not even see this..but my post fits both topics as I also ask how to trade to cover the fee charges Grin

Thanks for the link tho!

Use my link to sign up for Crypto.com and we both get $50 USD. You get many staking advantages and you can get the Visa card to spend crypto anywhere in the world. Every time you spend, you get cash back in $MCO. Depending on your card you get free Netflix, Spotify, Airport lounge key and other benefits! The cards are free!
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July 04, 2017, 03:44:32 PM
 #6

here you can compare every exchange:
https://exchangewar.info/

But 0.18% fee is already quite low. There are not much exchanges that are lower (most depending on 30 day trading volume. But low volume traders usually pay 0.2% or more)
I would not suggest to trade at asian exchanges (like bter)... I do not consider them trustworthy.

Mit Cointracking (10% Rabatt) behältst du die Übersicht über all deine Trades und Gewinne. Sogar ein Tool für die Steuer ist dabei Wink                          
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July 04, 2017, 03:50:55 PM
 #7

Quote
Would like to ask on what exchange you do trade? Im not too familiar about Livecoin since im not trading it. Usually i do trade on poloniex im not sure if theres livecoin on there i havent still checked yet. Seeing on the fees its really ridiculous it will really hurt you up specially when you do actively buy and sell. If you are only gaining small profits then this fees would hurt you up.

I trade on Livecoin.net ... it's not a coin, it's a trading website like Poloniex...

I don't trade on Poloniex because their fee charges are much higher...So I wonder why many people trade their Roll Eyes

I know Gdax doesn't charge you AT ALL when you fill the buy/sell orders. But they only have 3 or 4 coins you can trade, that s&cks, because imo you can make more profit weigh Alt coins because there is more up and downs.


Oh my bad! Didnt know that exchange at all thats why i dont have any idea. lol. There are lots of people who do trade there because of the volume of the coins which do really like on most traders and i agree on what you said fees are high but wont be a hesitation if you do trade in volumes too. I havent see some exchange do have lots of coins to be traded with less fees that you seek. Sorry again for being ignorant on Livecoin exchange.  Wink

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Zabivelli (OP)
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July 04, 2017, 04:08:12 PM
 #8

here you can compare every exchange:
https://exchangewar.info/

But 0.18% fee is already quite low. There are not much exchanges that are lower (most depending on 30 day trading volume. But low volume traders usually pay 0.2% or more)
I would not suggest to trade at asian exchanges (like bter)... I do not consider them trustworthy.

Sweet man! Nice link, I see Asian one charges 0.07 Shocked that's really low man... not trustworthy?? That would be the best place of you want to trade constantly...Also with little difference between buy and sell..

Quote
Would like to ask on what exchange you do trade? Im not too familiar about Livecoin since im not trading it. Usually i do trade on poloniex im not sure if theres livecoin on there i havent still checked yet. Seeing on the fees its really ridiculous it will really hurt you up specially when you do actively buy and sell. If you are only gaining small profits then this fees would hurt you up.

I trade on Livecoin.net ... it's not a coin, it's a trading website like Poloniex...

I don't trade on Poloniex because their fee charges are much higher...So I wonder why many people trade their Roll Eyes

I know Gdax doesn't charge you AT ALL when you fill the buy/sell orders. But they only have 3 or 4 coins you can trade, that s&cks, because imo you can make more profit weigh Alt coins because there is more up and downs.


Oh my bad! Didnt know that exchange at all thats why i dont have any idea. lol. There are lots of people who do trade there because of the volume of the coins which do really like on most traders and i agree on what you said fees are high but wont be a hesitation if you do trade in volumes too. I havent see some exchange do have lots of coins to be traded with less fees that you seek. Sorry again for being ignorant on Livecoin exchange.  Wink

I'm not sure but livecoin has the most Alt Coins listed. Also most ICOs list their coins there.. they charge 0.18 now buying order/selling order... these Asian exchanges look good with low fees (the link posted above) but I'm not sure if you can trust them.

What do you mean exactly with this part:

..but wont be a hesitation if you do trade in volumes..

Use my link to sign up for Crypto.com and we both get $50 USD. You get many staking advantages and you can get the Visa card to spend crypto anywhere in the world. Every time you spend, you get cash back in $MCO. Depending on your card you get free Netflix, Spotify, Airport lounge key and other benefits! The cards are free!
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July 04, 2017, 04:26:18 PM
 #9

What's cracking Crypto friends Grin


Recently I started to trade every day a little. I do this on Livecoin.
The thing is I don't know if I also lose on fee charges when the differance beteen buying and selling is little.

On LiveCoin you always pay 0.18% (It was 0.2) fee on trade (buy or sell).

This burns your little profits. I'm not sure but sometimes I think I lose more than I gain because of this d@mn commission.

So I was wondering:

- What's the best exchange to trade dailly?

- On what exchange do you guys trade and why?

- How to prevent the fee charges burning your profit when the difference is small between buying and selling?

Thanks. Grin
I know Poloniex is best exchange site for day trade because have most of volume in crypto market on the world's

Poloniex fee exchange: bid, ask first 0.15%/order; instant buy/sell with bid/ask available 0.25%/order

Bittrex, Kraken, Hitbtc are exchange site have good volume for trade after Poloniex in present, Poloniex have some issue withdraw in past few months
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July 04, 2017, 04:39:15 PM
 #10

You can trade with other exchanges that offers the lowest fee around but you also have to consider the volume or users in that exchange. You don't want to end up waiting for your coin to be sold or your order to be filled because there's not much traders in that site. That's how I felt when I tried using other exchange site aside from Poloniex.
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July 04, 2017, 05:32:24 PM
 #11

Almost all of the legit Exchanges now in crypto currency is best for trading its just what coin is you are trading because in Poloniex they listed only those coins that is active and have enough volume within unless they will be delisted just unlike to other Exchanges that even though a coin is almost dead they still listed it so there is a pump and dump among thos Exchanges so it is up to you who will you choose.
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July 04, 2017, 05:41:10 PM
 #12

I have used Yobit in the past, and they're very reliable despite the many threads bitching about how much of a scam they are.  I disagree with that assessment.   Plus they have an extraordinary amount of altcoins with which to play.  Fees are fairly low too.  Poloniex is good, too, but I haven't used them all that much.   Good luck and be careful.
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July 04, 2017, 06:48:13 PM
 #13

With small amounts it is better always taking at least 5% profit for selling and for large amounts even 1% is enough, wherever you go it will be the same as livecoin, every exchange services will have the same fees. problem is with your method of trading not exchanges.
You could try Bitfinex.com or c-cex.com they're both reliable and trustworthy.
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July 04, 2017, 06:59:59 PM
 #14

How about Cex.io? It is my exchange and trading platform of choice. I don't trade much, but when I have to I find them very convenient.

Their fees are reasonable too, it is based on your 30-day trade volume for all pairs. You could pay as low as 0.10% for trading 6000 within thirty days.
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July 04, 2017, 07:03:42 PM
 #15

What's cracking Crypto friends Grin


Recently I started to trade every day a little. I do this on Livecoin.
The thing is I don't know if I also lose on fee charges when the differance beteen buying and selling is little.

On LiveCoin you always pay 0.18% (It was 0.2) fee on trade (buy or sell).

This burns your little profits. I'm not sure but sometimes I think I lose more than I gain because of this d@mn commission.

So I was wondering:

- What's the best exchange to trade dailly?

- On what exchange do you guys trade and why?

- How to prevent the fee charges burning your profit when the difference is small between buying and selling?

Thanks. Grin
i can suggest these 3
www.btc-e.com speed and security
www.bittrex.com easy
www.cex.io credit card accepted
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July 05, 2017, 02:49:43 AM
 #16

I'd say bittrex is one of the better ones in my opinion. They are listing all the new icos, and have no problems withdrawing and security so far.

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July 05, 2017, 07:23:34 PM
 #17

Thanks for the help guys. Kiss

Use my link to sign up for Crypto.com and we both get $50 USD. You get many staking advantages and you can get the Visa card to spend crypto anywhere in the world. Every time you spend, you get cash back in $MCO. Depending on your card you get free Netflix, Spotify, Airport lounge key and other benefits! The cards are free!
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July 05, 2017, 07:45:20 PM
 #18

What's cracking Crypto friends Grin


Recently I started to trade every day a little. I do this on Livecoin.
The thing is I don't know if I also lose on fee charges when the differance beteen buying and selling is little.

On LiveCoin you always pay 0.18% (It was 0.2) fee on trade (buy or sell).

This burns your little profits. I'm not sure but sometimes I think I lose more than I gain because of this d@mn commission.

So I was wondering:

- What's the best exchange to trade dailly?

- On what exchange do you guys trade and why?

- How to prevent the fee charges burning your profit when the difference is small between buying and selling?

Thanks. Grin

If you have a set amount that you trade with, you can figure out what the actual cost of the fee will be. You can't need to make sure that the sell is greater than the principle plus the fee. You can decide how much profit you need for it to be worth it and that amount or percentage plus the fee is how much higher you sell needs to be.

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July 05, 2017, 08:36:52 PM
 #19

Are you trading as taker or as maker? So are you placing your orders in orderbook (maker), or are you actively matching orders that are already in the book (taker)?

There are some exchanges that have 0% or even rebate when you are maker.
Eg. at Hitbtc you get 0.01% when you are maker:
https://hitbtc.com/fees-and-limits

I think also cex.io has 0% maker fee, but they do not have much coins.

So this would be perfect if you are maker.

Mit Cointracking (10% Rabatt) behältst du die Übersicht über all deine Trades und Gewinne. Sogar ein Tool für die Steuer ist dabei Wink                          
Great Freeware Game: Clonk Rage
binance.com hat nun auch SEPA und EUR Paare! Mit dem RefLink bekommst du 5% Rabatt auf die Tradinggebühren!
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July 07, 2017, 03:20:08 AM
 #20

What's cracking Crypto friends Grin


Recently I started to trade every day a little. I do this on Livecoin.
The thing is I don't know if I also lose on fee charges when the differance beteen buying and selling is little.

On LiveCoin you always pay 0.18% (It was 0.2) fee on trade (buy or sell).

This burns your little profits. I'm not sure but sometimes I think I lose more than I gain because of this d@mn commission.

So I was wondering:

- What's the best exchange to trade dailly?

- On what exchange do you guys trade and why?

- How to prevent the fee charges burning your profit when the difference is small between buying and selling?

Thanks. Grin

If you have a set amount that you trade with, you can figure out what the actual cost of the fee will be. You need to make sure that the sell is greater than the principle plus the fee. You can decide how much profit you need for it to be worth it and that amount or percentage plus the fee is how much higher you sell needs to be.


Exactly!

Are you trading as taker or as maker? So are you placing your orders in orderbook (maker), or are you actively matching orders that are already in the book (taker)?

There are some exchanges that have 0% or even rebate when you are maker.
Eg. at Hitbtc you get 0.01% when you are maker:
https://hitbtc.com/fees-and-limits

I think also cex.io has 0% maker fee, but they do not have much coins.

So this would be perfect if you are maker.

By your definition I'm always the maker... Isn't that what most traders are? 

Thanks!

Use my link to sign up for Crypto.com and we both get $50 USD. You get many staking advantages and you can get the Visa card to spend crypto anywhere in the world. Every time you spend, you get cash back in $MCO. Depending on your card you get free Netflix, Spotify, Airport lounge key and other benefits! The cards are free!
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July 07, 2017, 04:37:58 AM
 #21

Are you trading as taker or as maker? So are you placing your orders in orderbook (maker), or are you actively matching orders that are already in the book (taker)?

There are some exchanges that have 0% or even rebate when you are maker.
Eg. at Hitbtc you get 0.01% when you are maker:
https://hitbtc.com/fees-and-limits

I think also cex.io has 0% maker fee, but they do not have much coins.

So this would be perfect if you are maker.

By your definition I'm always the maker... Isn't that what most traders are? 

Thanks!

no, not always and not everyone. it is a little about different strategies and more about different situations.
for example most of the times i am opening up some orders at some price that i want to buy some altcoin not what the price currently is (maker).

but there are times when i want to catch something that i am late to, for example catch a rising price or dump before it is too late, and in that case i make the order at market price (taker).

.
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July 07, 2017, 05:02:36 AM
 #22

The more trades you make on polo the lower your fees go

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July 07, 2017, 07:21:48 AM
 #23

I like Bittrex and Poloniex, because they have a lot of coins. Polo also has a margin trading section.

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July 07, 2017, 09:45:46 AM
 #24

What's cracking Crypto friends Grin


Recently I started to trade every day a little. I do this on Livecoin.
The thing is I don't know if I also lose on fee charges when the differance beteen buying and selling is little.

On LiveCoin you always pay 0.18% (It was 0.2) fee on trade (buy or sell).

This burns your little profits. I'm not sure but sometimes I think I lose more than I gain because of this d@mn commission.

So I was wondering:

- What's the best exchange to trade dailly?

- On what exchange do you guys trade and why?

- How to prevent the fee charges burning your profit when the difference is small between buying and selling?

Thanks. Grin
This is really a big question for the newbies to start the trading because they need to get started with the best exchange , since There are many types of recommended exchanges to make trading but out of them fee only are friendly for the newbies .
Here in my opinion you should use yobit.net for the trading for long term or short term .
And also you need to get much study and need to analyse the down and rise in the price of the coins .
Here I myself making trading at yobit.net and poloniex and cryptopia but here out of these three yobit.net is best option .
And next thing that you asked is for the fee-less trade , here I am not sure whether is any reliable exchange available for the trade which is not charging for the fee to the users.
( About couple of weeks ago I heard about a exchange , I don't remember the name of the exchange but the exchange was from China , and I think fee less trading is a stunt to get popularity in the market , well whatever the thing , you need to use better and perfect things ) .
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July 07, 2017, 03:15:36 PM
 #25

the best exchange could be plenty and it depends where you will did trade daily but currently i use my local exchange for daily trade however indeed the fee charger will burning small profit that's why i normally had profit target including fee so that aren't problem for me but my local exchange had 0% for market maker and 0.3% for market taker for bitcoin or altcoin
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July 08, 2017, 05:38:54 AM
 #26

Kraken, BIttrex.
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July 08, 2017, 02:08:20 PM
 #27

The best moment for day trading every day you can choose other indicators. It seems to me very difficult for beginners to retreat in this matter. Only you have to rely on intuition.
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July 08, 2017, 03:04:22 PM
 #28

So I was wondering:

- What's the best exchange to trade dailly?

- On what exchange do you guys trade and why?

- How to prevent the fee charges burning your profit when the difference is small between buying and selling?
The best exchange to trade daily for me is c-cex because withdrawal of bitcoin here charges low in fees and is literally just like the other exchanges. I trade on many exchanges like c-cex, poloniex, and bittrex just because these three for me is the best exchanges to use. To prevent fee charges burning your profit when difference is small between buying and selling, just simply put up a bigger investment, better yet look for another coin to trade with a big difference in buy and sell price.
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July 08, 2017, 03:10:39 PM
 #29

Livecoin is one of the best exchanger platform I used in trading altcoins. I think they charges is worthwhile because I trade in others exchangers too. Poloniex and c-cex are others exchangers platform that I used and their have improved added services compared to livecoin and others newer exchangers. What I have learned in livecoin is, they always charge high when ever I withdrawn in bitcoin and the minimum withdrawn amount is 200,000 Satoshi! It then means you must have upto 300,000 Satoshi before you can make a withdrawal. If litecoin can change this charges it will be one of the best exchangers as you can covert your coins to fiat on their site.
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July 08, 2017, 04:21:39 PM
 #30

Well i think the best exchange for day trading is poloniex because many traders traded on there, the volume of transaction is more high than another exchanges so poloniex is suitable for daily trading and i choose ethereum for be traded on poloniex because ethereum's price is high fluctuation, it is good chance to getting profit from it, also ethereum is not scam coin it has good fundamental and many dapps be builded on ethereum's blockchain.
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July 08, 2017, 06:00:02 PM
 #31

What's cracking Crypto friends Grin


Recently I started to trade every day a little. I do this on Livecoin.
The thing is I don't know if I also lose on fee charges when the differance beteen buying and selling is little.

On LiveCoin you always pay 0.18% (It was 0.2) fee on trade (buy or sell).

This burns your little profits. I'm not sure but sometimes I think I lose more than I gain because of this d@mn commission.

So I was wondering:

- What's the best exchange to trade dailly?

- On what exchange do you guys trade and why?

- How to prevent the fee charges burning your profit when the difference is small between buying and selling?

Thanks. Grin

If your day trading is not returning you enough to cop up with 0.2% fees then sorry day trading is not for you. For example - Coin worth 9980 sats when you bought then don't call it day trading if you are selling at 10000 sats and crying for fees.
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July 08, 2017, 06:36:17 PM
 #32

I'm also interested in which exchanges have the lowest fees, but still have decent volume.  If the fees are low and there isn't enough volume, it becomes difficult to get the exchange rates that are listed on the exchange.
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July 08, 2017, 06:38:19 PM
 #33

I don't really know the site you listed there. I usually tend to only mess with the bigger exchanges such as Poloniex and bittrex. The main reason I trade a lot on poloniex is due to the high volume. I occaisionally use bittrex if poloniex has disabled the deposit/withdrawal for a specific alt.
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July 08, 2017, 09:07:25 PM
 #34

I have been trading in this exchanges like, poloniex, yobit, liqui, cryptopia for long time and they are good but one thing should be known that never keep your all coins in exchanges, i keep only coins which if lost i can afford the loss.
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July 09, 2017, 06:29:20 AM
 #35

I have been trading in this exchanges like, poloniex, yobit, liqui, cryptopia for long time and they are good but one thing should be known that never keep your all coins in exchanges, i keep only coins which if lost i can afford the loss.

How would an exchange compare to using shapeshift which is attached to some wallets?  That way your coins are kept in your own wallet with private key rather than exchange, but the fees aren't explicit.  It seems to just give you the exchange rate, with fees implicitly embedded within it.

I'm using the Jaxx wallet for example, which has shapeshift in it.  I'd assume an exchange would have a lower fee, but there is value in keeping the coins in your wallet vs. an exchange.
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September 12, 2017, 03:17:27 PM
 #36

How about Cex.io? It is my exchange and trading platform of choice. I don't trade much, but when I have to I find them very convenient.

Their fees are reasonable too, it is based on your 30-day trade volume for all pairs. You could pay as low as 0.10% for trading 6000 within thirty days.

Yeah, cex.io has really flexible fees for traders. It is up to 0.2% for the taker, and 0% for the maker. I think it makes sense.
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September 12, 2017, 05:00:03 PM
 #37

You can trade with other exchanges that offers the lowest fee around but you also have to consider the volume or users in that exchange. You don't want to end up waiting for your coin to be sold or your order to be filled because there's not much traders in that site. That's how I felt when I tried using other exchange site aside from Poloniex.
If  you are going to do day trading it is good to have an exchanger that is base on the local currency in the country where are you live. Becasue it is the only way you will know the rate of price of bitcoin in more systematically way. But if you want to deal with exchanger you could actually try on dealing with any of it , just look and analyze the stock of the crypto-currency you want to deal with.
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September 12, 2017, 08:54:48 PM
 #38

I love a few of exchanges.
Bittrex - One of the most popular and trustable of exchanges. There are many different coins. Also, it has a really useful interface I think so.
Liqui - There are many unique but popular coins. It's really great for buying fast and sell on other exchanges.
Yobit - a popular place for Pumping and many seldom tokens.
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September 12, 2017, 09:21:54 PM
 #39

I love a few of exchanges.
Bittrex - One of the most popular and trustable of exchanges. There are many different coins. Also, it has a really useful interface I think so.
Liqui - There are many unique but popular coins. It's really great for buying fast and sell on other exchanges.
Yobit - a popular place for Pumping and many seldom tokens.
I use Bitrix from convenience and reliability. But it's a pity only that there are very few needed coins for sale. First of all you need to pay attention to ether Delta. this resource is also quite strong.
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September 12, 2017, 09:30:25 PM
 #40

I love a few of exchanges.
Bittrex - One of the most popular and trustable of exchanges. There are many different coins. Also, it has a really useful interface I think so.
Liqui - There are many unique but popular coins. It's really great for buying fast and sell on other exchanges.
Yobit - a popular place for Pumping and many seldom tokens.

Would add cryptopia to that.

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September 12, 2017, 09:48:48 PM
 #41

I use to trade in this some exchanges as my altcoins are listed on this exchange like, yobit, liqui, bittrex, livecoin(very rare) cryptopia. So this are some exchange where i am trading and till now did not faced any problem regarding withdrawal,never checked with trading charges as use to trade high volumes so this charges look small.
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September 12, 2017, 09:53:55 PM
 #42

Yeah obviously that Poloniex is the best exchanger for doing day trade so far, it has a very friendly design and you can learn how to use it in a few hours, it is so easily. I really suggest it to anyone who really wants to start trade and dont have any idea how to do it.
Bittrex is the same, but a little bit more proffesional since it has too many altcoins, and cryptopia too, but their design is a little bit awful, but they have a lot of altcoins to trade.


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September 13, 2017, 12:52:18 AM
 #43

What's cracking Crypto friends Grin


Recently I started to trade every day a little. I do this on Livecoin.
The thing is I don't know if I also lose on fee charges when the differance beteen buying and selling is little.

On LiveCoin you always pay 0.18% (It was 0.2) fee on trade (buy or sell).

This burns your little profits. I'm not sure but sometimes I think I lose more than I gain because of this d@mn commission.

So I was wondering:

- What's the best exchange to trade dailly?

- On what exchange do you guys trade and why?

- How to prevent the fee charges burning your profit when the difference is small between buying and selling?

Thanks. Grin
I usually do daily trading in bittrex, because I think bittrex is also a great exchanger. but many also advise us to exchange in poloniex. so in my opinion you are free to choose and compare exchanger that suitable for you.
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September 13, 2017, 01:25:38 AM
 #44

- I think bittrex is the best altcoin exchange place.
- I exchange Altcoin with Bitcoin because the profit opportunity generated is greater.
- The last question is my unresolved problem.
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September 13, 2017, 09:26:29 AM
 #45

I love a few of exchanges.
Bittrex - One of the most popular and trustable of exchanges. There are many different coins. Also, it has a really useful interface I think so.
Liqui - There are many unique but popular coins. It's really great for buying fast and sell on other exchanges.
Yobit - a popular place for Pumping and many seldom tokens.

Would add cryptopia to that.

i think not added this list because volume transaction in cryptopia is low
but iam not believe if poloniex not list, because poloniex is god exchange and good volume transaction

yobit is not good if newbie
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September 13, 2017, 02:55:11 PM
 #46

I'm used Bittrex, I find a lot in Bittrex profits, exchanges are also easy and convenient, but Polo better because a large volume of transactions. The transaction fees at Polo and Bittrex equivalent.
# 3 has not thought out the optimal way
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September 13, 2017, 05:25:59 PM
 #47

I use GDAX (it's owned by Coinbase). It has no maker fee, however taker fee is 0.25% for BTC and 0.3% for LTC and ETH. It also has only 3 coins (BitcoinCash coming next year). I have been doing day trading for about 2 months on GDAX so far.
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September 13, 2017, 06:28:32 PM
 #48

Exchanges are on this board https://bitcointalk.org/index.php?board=223.0
Better do some readings and make your own choice.


ayos itong binigay mo na link ah,  maganda yan para madaling makapamili ang mga newbie sa forum na ito. Kaya para sa akin bittrex parin ang magndang gamitin  dahil wala akong naranasan na hindi maganda sa exchange na ito.
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September 13, 2017, 07:38:54 PM
 #49

I'm used Bittrex, I find a lot in Bittrex profits, exchanges are also easy and convenient, but Polo better because a large volume of transactions. The transaction fees at Polo and Bittrex equivalent.
# 3 has not thought out the optimal way
Although I cannot negate Bittrex is good exchange for earn profits recently, but if you want to ask me about exchange for day trade, I recommend you should trading on Poloniex exchange. Poloniex can gives you a chance margin trade and helps you take advantage all trend on the market.

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September 13, 2017, 08:09:59 PM
 #50

What's cracking Crypto friends Grin


Recently I started to trade every day a little. I do this on Livecoin.
The thing is I don't know if I also lose on fee charges when the differance beteen buying and selling is little.

On LiveCoin you always pay 0.18% (It was 0.2) fee on trade (buy or sell).

This burns your little profits. I'm not sure but sometimes I think I lose more than I gain because of this d@mn commission.

So I was wondering:

- What's the best exchange to trade dailly?

- On what exchange do you guys trade and why?

- How to prevent the fee charges burning your profit when the difference is small between buying and selling?

Thanks. Grin
I know Poloniex is best exchange site for day trade because have most of volume in crypto market on the world's

Poloniex fee exchange: bid, ask first 0.15%/order; instant buy/sell with bid/ask available 0.25%/order

Bittrex, Kraken, Hitbtc are exchange site have good volume for trade after Poloniex in present, Poloniex have some issue withdraw in past few months
I agree even I find poloniex to be a better exchange for day trading. I do trade on bittrex and novaexchange too but poloniex is better as far as the fee or commission is concerned. It's true that both nova and bittrex offer more coins for you to trade but I don't like their fee structure even while withdrawing they charge more than poloniex.

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September 13, 2017, 08:13:07 PM
 #51

I use GDAX (it's owned by Coinbase). It has no maker fee, however taker fee is 0.25% for BTC and 0.3% for LTC and ETH. It also has only 3 coins (BitcoinCash coming next year). I have been doing day trading for about 2 months on GDAX so far.

Gdax's fee is high and I don't like that platform.

I use etherdelta for small day trades. It's slow but you can make gwei around 50 and your orders are issued much faster.

I also like poloniex platform for fast daily trades.
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September 13, 2017, 08:17:51 PM
 #52

Personally I use bittrex and occasionally hitbtc or poloniex. The fees are lower on hitbtc than the others but I don't like the look and feel of the site as much and more importantly I don't make as much due to the smaller volume.

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September 14, 2017, 08:53:20 AM
 #53

For my daily trading, I am using Bittrex, Liqui, Etherdelta, Cryptopia. Those sites are just awesome to me. Sometimes I use Waves Platform, Poloneix also. All of those sites are great. But Bittrex is greater than all other sites. Because Bittrex has a lot of coins. Etherdelta is also my most favorite site.
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September 14, 2017, 01:44:53 PM
 #54

For my daily trading, I am using Bittrex, Liqui, Etherdelta, Cryptopia. Those sites are just awesome to me. Sometimes I use Waves Platform, Poloneix also. All of those sites are great. But Bittrex is greater than all other sites. Because Bittrex has a lot of coins. Etherdelta is also my most favorite site.

Haven't come across etherdelta yet dude, is it better than polo? Currently i trade in three exchanges, polo, bittrex and yobit. I'm having a good time playing with smaller altcoins in yobit.

 
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September 14, 2017, 05:22:07 PM
 #55

What's cracking Crypto friends Grin


Recently I started to trade every day a little. I do this on Livecoin.
The thing is I don't know if I also lose on fee charges when the differance beteen buying and selling is little.

On LiveCoin you always pay 0.18% (It was 0.2) fee on trade (buy or sell).

This burns your little profits. I'm not sure but sometimes I think I lose more than I gain because of this d@mn commission.

So I was wondering:

- What's the best exchange to trade dailly?

- On what exchange do you guys trade and why?

- How to prevent the fee charges burning your profit when the difference is small between buying and selling?

Thanks. Grin
No doubts that poloniex , bitrex , bitfinex like exchange are better option for the trading but here if you will see at the fee for the trade then you will find that there is a type of fee which is around 0.2% for every exchange is common thing .
You can understand well that it is not a big amount for them because fee is very small for the trade .
If you are thinking that you are facing the problem of the loss more and profit less then instead to see at the fee , you should take care about your stretagy of the trading because if you can make profit more than this fee will be a small amount for you to thing.
Here you need to get started with better trading and with big investment then you will aware that how it is better with wise trade.
So Change trading stretagy is better option for you .
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September 14, 2017, 07:34:44 PM
 #56

I just use multiple exchanges and use ethereum for fast transfers or already have money deposited in there.

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September 22, 2017, 05:47:58 AM
 #57

I'm used Bittrex, I find a lot in Bittrex profits, exchanges are also easy and convenient, but Polo better because a large volume of transactions. The transaction fees at Polo and Bittrex equivalent.
# 3 has not thought out the optimal way
I will go with your statement. Bittrex have more influence than other exchanges in terms of usage. The convenience, high profile safe and security Bittrex providing can’t be seen in any other exchange. Although we have not that high volume of transaction at a time but still is be better.
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September 22, 2017, 09:26:20 AM
 #58

poloniex and bittrex is 2 good exchange for day trade. why? because they have many coin/ token pair. and largest volume on crypto market
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September 22, 2017, 10:03:41 AM
 #59

I'm used Bittrex, I find a lot in Bittrex profits, exchanges are also easy and convenient, but Polo better because a large volume of transactions. The transaction fees at Polo and Bittrex equivalent.
# 3 has not thought out the optimal way
I will go with your statement. Bittrex have more influence than other exchanges in terms of usage. The convenience, high profile safe and security Bittrex providing can’t be seen in any other exchange. Although we have not that high volume of transaction at a time but still is be better.

Including Bitrex, Cex and Localbitcoins also best to start your trading career. I suggest to investment little fund in localbitcoins and then will consume the set amount to advertise the merchant notice for trading to sell and buy bitcoins. You will be able to get more trade than any trading site can give trade. If trade limit crossed for the day. You will not be able to do.
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September 22, 2017, 08:11:39 PM
 #60

Do you want to buy the cryptocurrencies which are trading at Bittrex, ShapeShift, Changelly, Blocktrades from one single platform?

Visit www.coinswitch.co


CoinSwitch is the first cryptocurrency and altcoin exchange aggregator. They have integrated many leading exchanges across the globe like ShapeShift, Changelly, Bittrex, Blocktrades to provide best exchange rates to their customers. Currently, they support over 110 cryptocurrencies and more than 4700 pairs to exchange.

They provide real-time chat support as well. So if you have any doubts, you can get is resolved on the go.

Buy more than 100 cryptocurrencies at best rates from CoinSwitch. Visit https://www.coinswitch.co
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October 02, 2017, 08:38:33 AM
 #61

I use GDAX (it's owned by Coinbase). It has no maker fee, however taker fee is 0.25% for BTC and 0.3% for LTC and ETH. It also has only 3 coins (BitcoinCash coming next year). I have been doing day trading for about 2 months on GDAX so far.
That is quite a high fee. I have never tried this platform before and I sure do not want to bother myself with just 3 coins? It depends on each user's preference anyway and how you like it best. But you might think your father's farm is the biggest until you try visiting another one.
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November 27, 2017, 03:44:59 AM
Merited by badjacks99 (5)
 #62

the best exchange could be plenty and it depends where you will did trade daily but currently i use my local exchange for daily trade however indeed the fee charger will burning small profit that's why i normally had profit target including fee so that aren't problem for me but my local exchange had 0% for market maker and 0.3% for market taker for bitcoin or altcoin
The decisions can be extraordinary and numerous for various individuals. Coin base and localbitcoin are viewed as great choices first of all as they are anything but difficult to utilize. Ybit.net and poloniex are for the most part recommended so they are likewise great, and to address the last piece of your inquiry there are no sites which can give you more lower charges. As an apprentice these things appear like a major issue in view of little benefits yet once you begin gaining more you would not stress over these charges and they will look little contrasted with your benefit.
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November 27, 2017, 03:48:08 AM
 #63

Choose exchange site which has the highest trading volume of coin that you want to trade. There is no official bitcoin exchange so each exchange site will have different characteristics. I choose bitfines for trade bitcoin - USD, and I choose another exchange to trade btc - altcoin.

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March 31, 2018, 05:13:38 AM
 #64

For my daily trading, I am using Bittrex, Liqui, Etherdelta, Cryptopia. Those sites are just awesome to me. Sometimes I use Waves Platform, Poloneix also. All of those sites are great. But Bittrex is greater than all other sites. Because Bittrex has a lot of coins. Etherdelta is also my most favorite site.

I am also using Bittrex, Etherdelta, Cryptopia. Really those side are awesome for me. Some time i use Tidex, Polonex also. These site also are great site foe me. Bittrex is best but Tidex is also good site for trade. Etherdelta is also best for trade. Myself i love Tidex and Etherdelta.
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July 13, 2020, 07:26:51 AM
 #65

Thanks everyone for the messages.

Meanwhile I have a better view of the exchange platforms and indeed 0.18-0.2 % is the lowest you can get when you trade less than 50k volume a month.

Among top exchanges Binance would be the best in term of low fee. They charge 0.18.

Crypto.com charges 0.2.

Use my link to sign up for Crypto.com and we both get $50 USD. You get many staking advantages and you can get the Visa card to spend crypto anywhere in the world. Every time you spend, you get cash back in $MCO. Depending on your card you get free Netflix, Spotify, Airport lounge key and other benefits! The cards are free!
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July 13, 2020, 08:38:43 AM
 #66

I am among those who actively trade daily, and usually I trade on the Binance exchange. For Binance fee charges including low fees,
and Binance has quite complete features. If you want to trade with large profits, you can try Binance futures,but the risk is very big.
There are also some good alternative exchanges for daily trades. Like Kucoin, Okex, Huobi and Mercatox.

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July 14, 2020, 04:41:32 AM
 #67

I am among those who actively trade daily, and usually I trade on the Binance exchange. For Binance fee charges including low fees,
and Binance has quite complete features. If you want to trade with large profits, you can try Binance futures,but the risk is very big.
There are also some good alternative exchanges for daily trades. Like Kucoin, Okex, Huobi and Mercatox.
Binance exchange is the best of the exchanges you have listed. I have been trading for the past 2 years and have made a lot of profits from this exchange, for me Binance is like a second home because every day I make some transactions to make money here.

In the past, this exchange has been hacked but CZ has kept everyone's assets safe and not many big issues occurred during the time I used.
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July 14, 2020, 06:21:44 AM
 #68

Binance and Bittrex are the best exchange for me, it is only my opinion especially the Bittrex exchange because it doesn't have any past hack issues. If you want to do scalping, I prefer Binance because they are offering high leverage and it is up to x125. The short selling is also available in Binance and you can make money when the price is dumping. Choosing exchange is a matter for day traders but what most matter for me is the strategy that we should use in order to make profit in short period of time.
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July 14, 2020, 06:32:53 AM
 #69

I am not sure what are criteria you traders are following while choosing your preferred exchange for day-trading; but in my experience all non-scammy exchanges are good for day trading for known trading pairs given that it will be having enough liquidation on one particular exchange. For example, if you plan to day trade BTC against USDT then any exchange which is listing this pair will be good to go because it will definitely having sufficient liquidation as far as I have checked.

I have seen price gaps in small exchanges due to lack of volume and this types of exchanges should be avoided for day-trading as high volume must be the first criteria traders need to consider when they plan for crypto day-trading.

My local exchange is seeming buying liquidation which is the reason if I try placing orders, on first attempt no order gets placed; and the prices change in both buyer and seller sides and then if I try again then orders get placed. I guess this kind of practices definitely not suitable for day-trading.
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July 14, 2020, 08:16:49 AM
 #70

Best exchange to day trade on is an exchange that has a high volume/liquidity on pairs and low trading and withdrawal fees and also have almost no spread between buy and sell orderbooks, the exchanges that I used personally and I know they have both good amount of volume and small spread are Kucoin and Binance, Binance is a bit better over all in user experience and such but the difference between them is rather small, you can give both of them a try and see for yourself which one do you like prefer.
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July 15, 2020, 06:12:14 AM
 #71

In order to trade day, you have to choose the exchanger first, the Higher trading volume of the exchange, the more priority should be given to it. You can use this to select the exchanger https://coinmarketcap.com/rankings/exchanges.
Then choose coins and trade on the coins which have more volume, if you are a good day trader, you can make a profit.
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July 15, 2020, 07:04:23 AM
 #72

In order to day trade, you need to keep in mind a few things when choosing an exchange. For day trade you need to notice selected coin trading volume and also trading strategy. Again, there are different types of trading fee and the withdrawal fee of coins is also different which is a consideration for trading. In many cases, it is noticed that the buying and selling order is not close and the buying and selling are done at an intermediate price which is not understandable to the general traders. So by choosing the best cryptocurrency, high volume, and comfortable exchanges, you can be easily done day trade.

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July 15, 2020, 09:19:46 AM
 #73

...But 0.18% fee is already quite low. There are not much exchanges that are lower (most depending on 30 day trading volume. But low volume traders usually pay 0.2% or more)
I would not suggest to trade at asian exchanges (like bter)... I do not consider them trustworthy.

There are many exchanges where there is no Commission, but I did not choose one of them, and I use the Binance exchange. And the maximum Commission on Binance is 0.1%. However, depending on your trading volume and the number of BNB coins you own, your Commission may be reduced to 0.015%. Therefore, I consider the Commission of 0.18% very high.

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July 15, 2020, 11:51:59 AM
 #74

What's cracking Crypto friends Grin


Recently I started to trade every day a little. I do this on Livecoin.
The thing is I don't know if I also lose on fee charges when the differance beteen buying and selling is little.

On LiveCoin you always pay 0.18% (It was 0.2) fee on trade (buy or sell).

This burns your little profits. I'm not sure but sometimes I think I lose more than I gain because of this d@mn commission.

So I was wondering:

- What's the best exchange to trade dailly?

- On what exchange do you guys trade and why?

- How to prevent the fee charges burning your profit when the difference is small between buying and selling?

Thanks. Grin

Right now, I honestly doing day trade on Bibox for 5 months now and so far so good, my earnings estimation monthly is not below
600$ anyway and the highest 1100$ in the a month, although they are randomly of course. But you can try other or check some of the
platform before you decide.
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July 15, 2020, 12:28:42 PM
 #75

I hope exchanger is not a factor for day trade to speak in details day trading fully depend what you choosing coin or what you choosing analysis your trading method, likely probably perfectly choosing with analysis so i hope you can not losses on your money but needed highly risked for day trading. so i recommended no needed find the best exchanger focused on the analysis and choose the perfect coin not like shitcoin.
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July 15, 2020, 12:30:49 PM
 #76

Binance and Bittrex are the best exchange for me, it is only my opinion especially the Bittrex exchange because it doesn't have any past hack issues. If you want to do scalping, I prefer Binance because they are offering high leverage and it is up to x125. The short selling is also available in Binance and you can make money when the price is dumping. Choosing exchange is a matter for day traders but what most matter for me is the strategy that we should use in order to make profit in short period of time.

If you are into scalping high volumes exchange is surely fits for your trade, Binance already have the big edge amongst those available
exchange around this market , having a lots of traders who uses this exchange and trusting that
The trade will be executed, short term and small  edge difference those traders who have a good
knowledge can quickly bag profits in a short period of time.

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July 15, 2020, 01:05:08 PM
 #77

Just choose reputable exchange, I mean an exchange which has been proven legit and there are a lot of people who using it.

Regarding for fees that you spend, I think you will be heartfelt when your day trade or at least your analyst always giving you a profit.

I don't know it is just me or another trader who has these things. I never look a fee that will be charged but I just focus on my analyst to gain profit.
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July 15, 2020, 01:36:10 PM
 #78

I guess binance is suitable for you if you want an exchange offer a low fee. Buy or sell only costs 0.1% as fee. Therefore, it is quite easy for you to make a lot of trade in one day without being charged high prices. Moreover, if your capital become larger, they also offer a cheaper fee depending on an amount of volume you use.

I like Binance a lot. Although, its a quite new exchange but it has caught attentions from many traders and now, most of them use this exchange as their primary place to generate money. Their services also really good and fast
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July 15, 2020, 01:54:54 PM
 #79

I think Binance is the best exchange for day trading. Fees for trading in binary usually start at 0.1% of the trading size. Also, the broker offers its own native token called Binance BNB Token where traders get a 50% discount and the Binance BNB pair offers a growing range of priced crypto assets. Also, in cryptocurrency exchanges, the main trade is usually normal trading usually buying / selling or spot trading in the language of Binance. However, the exchanges also offer new facilities according to the different needs of the traders. The popularity of Binance is high due to low fees.
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July 15, 2020, 02:51:48 PM
 #80

From what I've used it seems like Binance has the best trading platform.  Binance kind of reminds me of TD Ameritrade, which I use for trading in the traditional markets.  I also think trading with Gemini is pretty solid.

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July 15, 2020, 03:17:50 PM
 #81

Quote

Sweet man! Nice link, I see Asian one charges 0.07 Shocked that's really low man... not trustworthy?? That would be the best place of you want to trade constantly...Also with little difference between buy and sell..

0.2% is already quite low for well established exchanges and if you have a lower rate but coming from a less reputable platform you start to get skeptic right. So, better go with places where at least your money's safe. Binance for daily trading is what I use, I'd rather have peace of mind than go with a dodgy platform.





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July 15, 2020, 04:20:29 PM
 #82

I am expecting everyone to say binance, because lets be honest that is the best exchange both in volume and they have all the important pairs. Sure there are some other exchanges that add in a lot more pairs and all those small unimportant coins are there but that doesn't mean they are good, that just means they are actually doing something risky with putting in coins with no real volume and just fake "make it look like people want it" volume in there.

So, binance is definitely the best one not because it is so awesome or anything, but because all others suck as well. That is not to say binance is bad, obviously it is great and amazing but to be honest they are not doing something so unimaginable, they are just doing what exchanges should do properly and that is why people love them.

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July 15, 2020, 05:10:15 PM
 #83

What's cracking Crypto friends Grin


So I was wondering:

- What's the best exchange to trade dailly?

- On what exchange do you guys trade and why?

- How to prevent the fee charges burning your profit when the difference is small between buying and selling?

Thanks. Grin
Big exchanges will be the best choice because they always offer the best service to attract many traders. I am using Binance and Huobi, both exchanges in China and they developed very successfully. Their transaction fee is now very low at only about 0.12% on a normal order, which is a fairly low fee for their service. In addition, there are always great altcoins on the 2 exchanges that can help you trade with great profits.


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July 15, 2020, 06:10:00 PM
 #84

From what I've used it seems like Binance has the best trading platform.  Binance kind of reminds me of TD Ameritrade, which I use for trading in the traditional markets.  I also think trading with Gemini is pretty solid.

Almost all exchanges currently in the industry can be used to trade daily without much inconveniences, some projects aren't listed on Binance so if you were to trade such projects, I'm certain you won't use Binance since it's impossible. As a trader you should care more about the security of the exchange you intend using, it's liquidity and users interface. If an exchange has all those to a satisfyingly ratio, then they're good to go.

While as binance is leading the space when altcoins exchanges are been debated,it still has it competitors that offers better or similar trading experience like the likes of  Okex, Kucoin etc. Just choose the best that suit the particular project you intend trading and use them for that purpose and move to the next project (on a different exchange) worth trading if your research takes you there.

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July 15, 2020, 07:45:50 PM
 #85

From what I've used it seems like Binance has the best trading platform.  Binance kind of reminds me of TD Ameritrade, which I use for trading in the traditional markets.  I also think trading with Gemini is pretty solid.

For day trading or any kind of trading the exchange does not matter much. Only thing which matter is that you must be experienced in trading and the coin on which you need to trade should be avaible in that exchange. You can succeed with your experience in day trading on nay exchange. The only thing is not to choose a very new or scam exchange.

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July 15, 2020, 08:08:54 PM
 #86

I do not know much about day trading; but i have a feeling that it is something that should be done on the best exchange platforms around. So why not do day trading on binance, bittrex or perhaps huobi exchange platform. Another interesting factor to consider before day trading what trade pair you want to trade with.
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July 15, 2020, 09:28:36 PM
 #87

~snip~

I don't have a LIVECOIN account, but I would like to know if for an order you can place the Stop and Take Profit in an operation? What if they also have or allow to do margin trade? Since that way is to trade completely and comfortably, according to my criteria.

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July 16, 2020, 03:39:23 AM
 #88

~snip~

I don't have a LIVECOIN account, but I would like to know if for an order you can place the Stop and Take Profit in an operation? What if they also have or allow to do margin trade? Since that way is to trade completely and comfortably, according to my criteria.

I do not think that even if it is just a good exchange, trading can be conducted in a very good way, because many times when it comes to trading, one's skills and care are very important and as opposed to when one is looking for the best exchange On the other hand, someone is busy to improve his skills.  Trading is not limited to buying and selling something but it also depends on how you are managing trading.
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July 16, 2020, 11:54:18 AM
 #89

Livecoin is a small exchange and of course they will have to charge more than other exchanges. I always choose and trust the big exchange. There are many advantages of fee transactions and in addition there are many opportunities to buy and sell good tokens. For example, Binance or MXC, they only list good tokens or best altcoins so traders have more options when trading and we won't have to buy and hold shitcoin. In order to trade with lower cost, you should use Binance, very low transaction fee of 0.1%.
Binance is more than enough for me in this market because up to now I have not had any security issues here and withdrawals are usually very fast so there is no need to spend too much time waiting. I think any new investor will come to Binance first because this exchange has a lot of preferential policies for new investors and they will certainly feel satisfied when trading here.

 
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July 16, 2020, 01:18:58 PM
 #90

Livecoin is a small exchange and of course they will have to charge more than other exchanges. I always choose and trust the big exchange. There are many advantages of fee transactions and in addition there are many opportunities to buy and sell good tokens. For example, Binance or MXC, they only list good tokens or best altcoins so traders have more options when trading and we won't have to buy and hold shitcoin. In order to trade with lower cost, you should use Binance, very low transaction fee of 0.1%.
Binance is more than enough for me in this market because up to now I have not had any security issues here and withdrawals are usually very fast so there is no need to spend too much time waiting. I think any new investor will come to Binance first because this exchange has a lot of preferential policies for new investors and they will certainly feel satisfied when trading here.

Agree with recommendation for Binance. Security is number one for me and they put enough efforts to protect their services and traders. Also, good trading options and fast withdrawals that are important for day trading as well as constant improvements of service they offer. No need to look further

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July 16, 2020, 03:21:00 PM
 #91

Security is number one for me and they put enough efforts to protect their services and traders. Also, good trading options and fast withdrawals that are important for day trading as well as constant improvements of service they offer. No need to look further
Agreed for everything you have mentioned but you still need to look further so that you can improve your trading experience over the time. For example, some four or five years back, we were not thinking about having stable coin for trading purposes but we are making use of it for many convenient trading experience. I mean we must keep on looking for new innovation so that exchanges will improve themselves which eventually lead to better environment for everyone altogether.

I understand when we are choosing best exchange for day trading we can simply look into what are the things you have mentioned but after that also must to keep on looking for other better/convenient things which are available on other places so that we can suggest them to the exchanges where we are already trading; this is what I am trying to say here.

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July 16, 2020, 03:29:21 PM
 #92

Gemini is some  what good for a cryptocurrency trading, but for all indications the binance will be the very best of the crypto exchange. Binance has the most reputable exchange both in trading volumes or in term of security. Since my entrance into the cryptocurrency industry, i hardly use any other cryptocurrency exchange than the  binance. Although, don't keep your coins in any exchange even in binance.

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July 16, 2020, 04:19:39 PM
 #93

Gemini is some  what good for a cryptocurrency trading, but for all indications the binance will be the very best of the crypto exchange. Binance has the most reputable exchange both in trading volumes or in term of security. Since my entrance into the cryptocurrency industry, i hardly use any other cryptocurrency exchange than the  binance. Although, don't keep your coins in any exchange even in binance.
I agree that binance stands out for its first-class protection, but from my own experience, I noted that technical support is not always competent and the speed of work on applications.
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July 16, 2020, 07:06:25 PM
 #94

If you want day trade as in just buying and selling and you are not looking for anything special about it, I would say doing it on binance would be a smart decision however you have to realize that day trading is a small profit thing, if you try to make a ton of profit in day trading (as in over 100%) you will be faced with two things, one of them would be that you will not ever find it and you would be sad about it or it would be basically just losing a lot of money for risking it with highly dangerous investments.

On the other hand, if you focus on making just few points in profit and get out very quickly, there is 365 days in the year, when you make even 0.25% profit per day that would be a ton of money in the end of the year. But if you want risk, just go with bitmex, you can leverage it and risk it all and could either make a ton right away or lose it all.
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July 17, 2020, 02:14:45 AM
 #95

Livecoin is a small exchange and of course they will have to charge more than other exchanges. I always choose and trust the big exchange. There are many advantages of fee transactions and in addition there are many opportunities to buy and sell good tokens. For example, Binance or MXC, they only list good tokens or best altcoins so traders have more options when trading and we won't have to buy and hold shitcoin. In order to trade with lower cost, you should use Binance, very low transaction fee of 0.1%.
Binance is more than enough for me in this market because up to now I have not had any security issues here and withdrawals are usually very fast so there is no need to spend too much time waiting. I think any new investor will come to Binance first because this exchange has a lot of preferential policies for new investors and they will certainly feel satisfied when trading here.

Agree with recommendation for Binance. Security is number one for me and they put enough efforts to protect their services and traders. Also, good trading options and fast withdrawals that are important for day trading as well as constant improvements of service they offer. No need to look further
In terms of security, I'm not sure because Binance has been hacked in the past and lost more than 7,000 BTC. It was a time when I used to be very nervous because I was afraid to lose all my assets when participating in this exchange but things changed when this exchange used its own funds to pay investors and it made me feel very reassured. Anyway, I don't want to look for other exchanges because Binance is the number one with me this time around.

 
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July 17, 2020, 05:01:39 AM
 #96

In terms of security, I'm not sure because Binance has been hacked in the past and lost more than 7,000 BTC. It was a time when I used to be very nervous because I was afraid to lose all my assets when participating in this exchange but things changed when this exchange used its own funds to pay investors and it made me feel very reassured. Anyway, I don't want to look for other exchanges because Binance is the number one with me this time around.

One of the exchanges that are not hacked until now is kucoin.  I like kucoin more than other exchanges, I am with them almost from the start. I am at other exchanges too, you can't miss some good promotions on other exchanges, not all of them have all coins listed, depending on the pair you are looking for you will search for exchange that offers that. I think we can say that binance is on top, like some other exchanges. Number one exchange is not the right term to use here, there are a few good exchanges on top.

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July 17, 2020, 10:45:45 AM
 #97

In terms of security, I'm not sure because Binance has been hacked in the past and lost more than 7,000 BTC. It was a time when I used to be very nervous because I was afraid to lose all my assets when participating in this exchange but things changed when this exchange used its own funds to pay investors and it made me feel very reassured. Anyway, I don't want to look for other exchanges because Binance is the number one with me this time around.

One of the exchanges that are not hacked until now is kucoin.  I like kucoin more than other exchanges, I am with them almost from the start. I am at other exchanges too, you can't miss some good promotions on other exchanges, not all of them have all coins listed, depending on the pair you are looking for you will search for exchange that offers that. I think we can say that binance is on top, like some other exchanges. Number one exchange is not the right term to use here, there are a few good exchanges on top.
I have been using Kucoin for over a year now and this exchange is also very convenient when you use it because in general Kucoin is a place with lots of potential projects for you and the security of this exchange is very high. However, the biggest weakness of Kucoin is the liquidity because the liquidity here is still low and this is the main reason that Kucoin is losing a lot of customers recently.
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July 17, 2020, 04:43:02 PM
 #98


until now I actively use livecoin and for me this is an exchanger that is quite good and easy to use. not do kyc to be able to use for all transactions.
what is sought is the convenience that is obtained and of course a fee that if possible is quite inexpensive but not also feasible if it is too small because it will result in a transaction will be quite delayed.

should if you make a sale or purchase at livecoin, you must must first calculate the cost of sales and purchases so as not to lose. Moreover, with a small transaction, it is certain that it will be consumed by the fees experienced when making transactions. to still count first is a must before making a transaction.
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July 19, 2020, 08:46:10 AM
 #99

Quote
- What's the best exchange to trade daily?
 
I think one of the most important factors for trading on a daily basis is the transaction volume and the other is the excess of the trading pair. For this reason, Binance will be the best option I can recommend to you if you need to recommend according to your daily trading volume.
 
Quote
- On what exchange do you guys trade and why?
 
I usually use Binance exchange for my daily or short-term trading transactions. FTX exchange is my preference for leveraged transactions.
 
Quote
- How to prevent the fee charges burning your profit when the difference is small between buying and selling?
 
When I set my profit margin between my trades, I take trades, especially considering the commissions. In this way, I did not buy or sell at a loss or without any gain.
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July 19, 2020, 11:45:58 AM
 #100

Although Binance is at the highest of the list kucoin may be a far better platform to exchange I exploit kucoin and Binance In exchanging kucoin sometimes forex traders want to accumulate trades at higher margins but they're not prepared to risk. OctaFX Forex Broker grants a 50% bonus on the deposit which helps the user to start out Forex trading at a better margin increasing their account balance.
Many people will have different preferences in trading options but I personally prefer using Binance because this exchange has the best liquidity in this market. In addition, Binance is a company that has a huge influence on the crypto market and most recently they are issuing payment cards so Binance will certainly be an exchange that can influence the world in the near future. I believe that CZ can change this market so that people know more about the existence of the crypto market.






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July 19, 2020, 09:43:29 PM
 #101

For trading,Binance is the best that I usually use.They have a huge volume for trading.And they have a more than 100 cryptocurrency.And most important factor me is the exchanges withdrawl speed and withdrawl fee.And Binance has the fastest withdrawl spped and they have very low withdrawl fee as well as teading fee.And without kyc anyone can trade ,deposit and withdraw.And most important factor is the security and Binance will give you the best security and its very safe.

So I will recommend you to use Bianace .
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July 19, 2020, 10:38:34 PM
 #102

Do not carelessly choose exchanges for day trades, choose popular exchanges and also have a high trading volume. Because
when day trading we need coins with high demand, so it's easy to sell every day. I recommend Binance and KuCoin to be able
to trade day safely, because in both exchanges there are many coins with high volumes. So it's easier to take profit.

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July 19, 2020, 10:46:03 PM
 #103

^ Bear in your mind that there is no safe exchange nowadays. Everything will be hacked and we don't know when or what exchange will be hacked. So, I advise depositing amount that you only can afford and never store bitcoin on exchange for long term purposes. Withdraw if you want to take a break in trading and never let your bitcoin sleep there. Even Binance that the most popular exchange was experienced hacked incidents last year.
Nevertheless, as of now, this Binance exchange is very popular in trading exchange, probably this is good if you try some little amount.
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July 20, 2020, 01:57:51 AM
 #104

As long as the exchange you use now is giving you a nice profit whether it is on top or not in the market I can
consider it as good and best exchange dude because even if you stay in the best exchange and yet your not getting any good profit in it, I cannot say its best anyway. I hope you get what I'm pointing out.
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July 21, 2020, 04:56:04 AM
 #105

Do not carelessly choose exchanges for day trades, choose popular exchanges and also have a high trading volume. Because
when day trading we need coins with high demand, so it's easy to sell every day. I recommend Binance and KuCoin to be able
to trade day safely, because in both exchanges there are many coins with high volumes. So it's easier to take profit.
There are a lot of exchanges available to investors but before deciding to deposit, you should consider whether it is safe or not. In the past, there was a lot of exchange that caused many investors to lose money like Idax or Bcnex so generally no exchange is the safest in this market.

My advice is to only choose exchanges that have a good reputation like Huobi, Binance, Bittrex or Coinbase because this is a place where you can safely deposit and withdraw without any problems.

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July 21, 2020, 05:08:22 AM
 #106

Even in trading for a day trade, or weekly trade for me one of the. eat exchange is still the binance because they have an accurate and a good volume of coins that you can win all of those trades easily but still as we said there is non-risk trading still you must need to have a deep learning a lot of skills and experience how to work on it because there are a lot of newbies right now are having mistakes on trading too.


Also, the reason why I want to use the binance even they have a trading platform they have an exchange platform too so it's easier to convert all of your funds immediately without hassle also they have the P2P, classic, advance and margin you can visit their platform and explore more if you want.

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July 21, 2020, 10:14:28 AM
 #107

I personally use https://changehero.io/ as an exchange platform. It's easy to work with, the exchange and withdrawal process itself is fast. You can also work with different types of cryptocurrencies, which is quite convenient compared to other services.
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July 21, 2020, 12:47:04 PM
 #108

I wonder if you are considering trading volume because if you have been doing this with 0.18% fee, I must tell you that the it if fair enough. Sometime I do daily trading on bitmax but the major challenge I'm facing is low number of traders and low trading volume. My order always take long to be filled. In case you want to try and compare with bitmax. There fee is also low
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July 21, 2020, 02:47:22 PM
 #109

Even in trading for a day trade, or weekly trade for me one of the. eat exchange is still the binance because they have an accurate and a good volume of coins that you can win all of those trades easily but still as we said there is non-risk trading still you must need to have a deep learning a lot of skills and experience how to work on it because there are a lot of newbies right now are having mistakes on trading too.

Also, the reason why I want to use the binance even they have a trading platform they have an exchange platform too so it's easier to convert all of your funds immediately without hassle also they have the P2P, classic, advance and margin you can visit their platform and explore more if you want.
Binance can be said is the perfect future exchange why because for me it is quite easy to make withdrawals to a local bank and need time in under 1 minute so I prefer trading like this.

Binance is now one of the centralized exchanges where there is news from CZ about coins or renewals so I think many people want to know about it, even the coins and tokens that are there with a good enough volume I think this can be in the beginning for the newbie to do this by experimenting first.

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July 21, 2020, 04:17:13 PM
 #110

I wonder if you are considering trading volume because if you have been doing this with 0.18% fee, I must tell you that the it if fair enough. Sometime I do daily trading on bitmax but the major challenge I'm facing is low number of traders and low trading volume. My order always take long to be filled. In case you want to try and compare with bitmax. There fee is also low
I am aware of the derivative crypto exchange bitmex but never heard about bitmax. Why you keep trying on some exchange where you could not find enough volume to get your orders filled instantly? I am not day trading but whenever I do try on bittrex, even I do not go for market orders, I am getting my orders filled as quick as possible if I am lucky to catch lower prices. Getting filled is requiring lots of factors to be met. But, high liquidation must be first one among them.

I believe low trading commission will not be a constraint for choosing a best to exchange for day trading. Because when you're capable of catching more pips then paying some percentage from the profits you just made will not be a big problem for any trader. The only constraint must be being capable of catching more pips which should be enough for covering all the fees and our targeted profits.

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July 21, 2020, 05:19:52 PM
 #111

Even in trading for a day trade, or weekly trade for me one of the. eat exchange is still the binance because they have an accurate and a good volume of coins that you can win all of those trades easily but still as we said there is non-risk trading still you must need to have a deep learning a lot of skills and experience how to work on it because there are a lot of newbies right now are having mistakes on trading too.

Also, the reason why I want to use the binance even they have a trading platform they have an exchange platform too so it's easier to convert all of your funds immediately without hassle also they have the P2P, classic, advance and margin you can visit their platform and explore more if you want.
Binance can be said is the perfect future exchange why because for me it is quite easy to make withdrawals to a local bank and need time in under 1 minute so I prefer trading like this.

Binance is now one of the centralized exchanges where there is news from CZ about coins or renewals so I think many people want to know about it, even the coins and tokens that are there with a good enough volume I think this can be in the beginning for the newbie to do this by experimenting first.
As we see based on reply on this thread, Binance is the most recommended exchange even for day trading due to their good reputation, User-friendly interface, security, volume, and other factors that people love about Binance. I can agree to the part that it can be a perfect future exchange since its platform keeps updating. They are adding new features to their platform for users to use and gave other traders reason to switch exchange. To be honest I also recommend it myself based on my experience trading in it.
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July 21, 2020, 07:06:02 PM
 #112

I would say the best way to make it into something is not the exchange but how good you are. You can pick the greatest exchange in the history of the world, you can build the most amazing exchange that ever can be and even in that situation you could still not make a single cent if you are not good at it at all.

If you are however a great trader that means you could make a profit in the worst of exchanges that is about to exit scam right after you withdraw. So, that is the thing, there is obviously a difference between exchanges and you could definitely have a difference and that is just what we could have a difference but not something huge, so there is really no point on focusing with the exchange part, which could help but mainly focus on the fact that you need to be a good trader.
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July 21, 2020, 07:38:16 PM
 #113

I wonder if you are considering trading volume because if you have been doing this with 0.18% fee, I must tell you that the it if fair enough. Sometime I do daily trading on bitmax but the major challenge I'm facing is low number of traders and low trading volume. My order always take long to be filled. In case you want to try and compare with bitmax. There fee is also low
this is a very significant problem and strongly influences that indeed most people will experience what the partners said above that their trading volume is very low.

but I have never used bitmax like a colleague so I can't comment on it a lot, but I use hitbtc, livecoin, kucoin and it seems like it can be enjoyed quite well and there are no obstacles that occur and also quite cheap costs are charged.

although of course low cost is not recommended for use because obviously there will certainly be consequences that will occur with low costs. not comparable to what we will get from cheap results of course. although sometimes there is a delay received from these cheap costs, which is feared to be stuck for a long time.

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July 21, 2020, 08:45:26 PM
 #114


- How to prevent the fee charges burning your profit when the difference is small between buying and selling?

Thanks. Grin

I think the best exchange in the entire crypto space that suits every set of trading requirement is binance. It provide the best and cheapest trading services in the entire industry and talking about volume and liquidity, it has almost the highest which result in quick trades as a lot of traders are active on the exchange. Binance is known for it's constant updates towards better user interface, security, trading services as well as bridging the gap between crypto and Fiats, anyone looking for a good exchange should consider binance
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July 21, 2020, 09:03:45 PM
 #115

For trading,Binance is the best that I usually use.They have a huge volume for trading.And they have a more than 100 cryptocurrency.And most important factor me is the exchanges withdrawl speed and withdrawl fee.And Binance has the fastest withdrawl spped and they have very low withdrawl fee as well as teading fee.And without kyc anyone can trade ,deposit and withdraw.And most important factor is the security and Binance will give you the best security and its very safe.

So I will recommend you to use Bianace .
Am not sure you are right with the KYC level for trade with binance, I think it is strict with KYC. Binance looks to have very low tolerance for users without KYC with a lot of denail for some use. Binance has so many use that should demand for early verification for subscribers. However, It has the volume for trade and the transaction are ridiculously low, sometimes unnoticeable.
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July 21, 2020, 09:53:10 PM
 #116

It depends on what coin you are going to trade, one coin is not available in all exchanges. But if is available on many exchange better choose which exchange it has the most volume and liquidity by that your trades will be executed faster. I prefer to trade on binance It is top 1 on volume and liquidity and they have an option to use BNB as fees and you can have 25% discount on fees, while 5% discount on Margin trading.
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July 21, 2020, 10:11:04 PM
 #117

As long as the exchange you use now is giving you a nice profit whether it is on top or not in the market I can
consider it as good and best exchange dude because even if you stay in the best exchange and yet your not getting any good profit in it, I cannot say its best anyway. I hope you get what I'm pointing out.
Some important stuff you should understand around a good cryptocurrency exchange is, they always have good trade volumes compared to those cryptocurrency exchange with fake trade volumes. You can't get your needed profit from any cryptocurrency exchange with fake trade volumes, rather, you as a trader can easily get profit from real and standard exchanges. Best exchange should be embrace if any trader ever wants some good trade returns. Binance is one of my cryptocurrency exchange where I trade my coins and tokens with good profits.

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July 21, 2020, 11:08:10 PM
 #118

When talking about the best available exchange in the market currently, the only one that ring a bell in my head is Binance amd i believe a lot of forum members would agree too. Binance is termed the number exchange because it seems to have almost every features needed by traders and it provide the best of services, reduced fee and has almost the highest volume and liquidity which makes it perfectly suitable for day trading

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July 22, 2020, 12:04:45 AM
 #119

I would say the best way to make it into something is not the exchange but how good you are. You can pick the greatest exchange in the history of the world, you can build the most amazing exchange that ever can be and even in that situation you could still not make a single cent if you are not good at it at all.

If you are however a great trader that means you could make a profit in the worst of exchanges that is about to exit scam right after you withdraw. So, that is the thing, there is obviously a difference between exchanges and you could definitely have a difference and that is just what we could have a difference but not something huge, so there is really no point on focusing with the exchange part, which could help but mainly focus on the fact that you need to be a good trader.
Exchange is a factor but I want you to say that you are right because what really matters are our skills and not exchange that we are using. Think about it, what if we choose the best exchange out there but our skill is not good where we can easily panic because of the weak hand. Exchange is a factor when it comes to leveraging, Binance is good because they have futures where a trader can leverage more than 100x.
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July 23, 2020, 04:22:35 AM
 #120

When talking about the best available exchange in the market currently, the only one that ring a bell in my head is Binance amd i believe a lot of forum members would agree too. Binance is termed the number exchange because it seems to have almost every features needed by traders and it provide the best of services, reduced fee and has almost the highest volume and liquidity which makes it perfectly suitable for day trading
Binance is gaining popularity among investors and a lot of people are mentioning this exchange over the past 3 years. I am sure this exchange will bring a lot of opportunities for people to make money because this is considered the largest exchange in the crypto market. In addition, many projects are highly appreciated, so investors will also reduce a lot of risks when investing here.
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July 23, 2020, 12:45:51 PM
 #121



- What's the best exchange to trade dailly?

- On what exchange do you guys trade and why?

- How to prevent the fee charges burning your profit when the difference is small between buying and selling?


When choosing an exchange to trade on, I usually do so using the following requirements:

1. Trading volume and Liquidity: one of the biggest catalyst for price growth is volume. It indicates the amount of people that are actively trading that asset/token/coin. When there's little to no volume, price barely moves. That said, I always trading in high volume exchanges where there's plenty of liquidity and that's where the fun happens.

2. Listed assets: This is a personal preference but I felt like bringing it up. I only trade in exchanges that have my favorite assets and coins. No offense but some low-medium tier exchanges have some coins which doesn't interest me much.

3. Security: though not related to your question but I like to know that my fund are safe (at least to a certain degree).



With that said, Here are my answers:
1. Chose between top tier exchanges like Binance, Houbi or Okex. There's usually good volumes on these exchanges.  My personal choice is Binance though.
2. I trade in Binance. It has volume, low fees and funds are SAFU (Binance version of the word - safe).
3. There's no way to get around trading commissions and fees especially for trades with small profit margins. You should checkout binance. The most basic account gets a fee of 0.1% (25% discount if paid with BNB).


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July 24, 2020, 02:23:06 AM
 #122

When talking about the best available exchange in the market currently, the only one that ring a bell in my head is Binance amd i believe a lot of forum members would agree too. Binance is termed the number exchange because it seems to have almost every features needed by traders and it provide the best of services, reduced fee and has almost the highest volume and liquidity which makes it perfectly suitable for day trading
Binance has an easy-to-see interface and has many tools for you to analyze so this is the best exchange you can trust when trading. I have been using this exchange for 3 years now and have never been disappointed so you don't need to worry about liquidity or security because Binance is the best. However, the coins here are still risky if you do not study carefully so the risk of losing money is still very high.

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pragna
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July 24, 2020, 03:56:26 AM
 #123

What's cracking Crypto friends Grin


Recently I started to trade every day a little. I do this on Livecoin.
The thing is I don't know if I also lose on fee charges when the differance beteen buying and selling is little.

On LiveCoin you always pay 0.18% (It was 0.2) fee on trade (buy or sell).

This burns your little profits. I'm not sure but sometimes I think I lose more than I gain because of this d@mn commission.

So I was wondering:

- What's the best exchange to trade dailly?

- On what exchange do you guys trade and why?

- How to prevent the fee charges burning your profit when the difference is small between buying and selling?

Thanks. Grin

I think trading depends on different factor that may be livecoin or binance or kucoin or hobi etc. Basically in which coin you want to trade and its enlisted exchange is main factor. On the other hand low fees and quick transaction is also a big factor in trading. Here i always prefer binance as its transaction is too much speedy. But if i want to trade with specific coin i have to go that enlisted exchange and no way.

thanks.
bitgoldpanther1978
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July 29, 2020, 12:56:51 PM
 #124

It depends on what coin you are going to trade, one coin is not available in all exchanges. But if is available on many exchange better choose which exchange it has the most volume and liquidity by that your trades will be executed faster. I prefer to trade on binance It is top 1 on volume and liquidity and they have an option to use BNB as fees and you can have 25% discount on fees, while 5% discount on Margin trading.

I agreed, even the exchange is one of the top and yet your getting any profit in it, that's remain useless at all.
Now even if the exchange is not on top but it gives you profit at most of the time I could say that platform is one of the best
anyhow, in my opinion only.
elisabetheva
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July 29, 2020, 03:59:23 PM
 #125

It depends on what coin you are going to trade, one coin is not available in all exchanges. But if is available on many exchange better choose which exchange it has the most volume and liquidity by that your trades will be executed faster. I prefer to trade on binance It is top 1 on volume and liquidity and they have an option to use BNB as fees and you can have 25% discount on fees, while 5% discount on Margin trading.

I agreed, even the exchange is one of the top and yet your getting any profit in it, that's remain useless at all.
Now even if the exchange is not on top but it gives you profit at most of the time I could say that platform is one of the best
anyhow, in my opinion only.
true what was said by colleagues above, that depends on the tokens that we have and which tokens we have traded. because obviously the token at first has determined where it can be traded and we just need to follow the instructions.

besides it is already known and recognized tokens will certainly have alternatives to be able to trade and we can be sure we will see where the easy and fast transactions can be completed that we will do with the tokens that we have. agree that usually a good market is a lot of transactions and it clearly indicates that the level of trust has been obtained by him.

BNB is among the best and is highly recommended to be used, but if for altcoin that is still unknown, it is the best alternative to use forkdelta because there is convenience available.

precisely for me is the ease and habits that make us more confident to trade the tokens that we have. because I have been using livecoin, HitBtc for a long time, so even though it is not the best for me it is still quite relevant to use. so everywhere for me is still the best alternative.
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July 31, 2020, 03:39:21 AM
 #126

When talking about the best available exchange in the market currently, the only one that ring a bell in my head is Binance amd i believe a lot of forum members would agree too. Binance is termed the number exchange because it seems to have almost every features needed by traders and it provide the best of services, reduced fee and has almost the highest volume and liquidity which makes it perfectly suitable for day trading
Binance has been talked about a lot, and probably this exchange is known by almost all users at this forum. I have used more than two years of this exchange and of course feel everything at this exchange is very good so I am not interested in other exchanges. Since I joined this exchange I have never lost money and still earn a monthly profit from trading, so you should consider participating if possible.

 
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TitanGEL
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July 31, 2020, 07:46:10 AM
 #127

Actually most of the trusted exchange out there doesn't have any big differences in terms of fees. I do not mind the fees because most of the exchange have trading fee lower then 1% and it is a good thing. I mind my strategies than the exchange that I'm using, Binance is one of the best exchange because they are offering futures where there is leverage. I also lke exchanges that have automatic cut loss and buy on breakout features.

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cryptothreads
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July 31, 2020, 01:04:24 PM
 #128

Actually most of the trusted exchange out there doesn't have any big differences in terms of fees. I do not mind the fees because most of the exchange have trading fee lower then 1% and it is a good thing. I mind my strategies than the exchange that I'm using, Binance is one of the best exchange because they are offering futures where there is leverage. I also lke exchanges that have automatic cut loss and buy on breakout features.
It is best to choose only the high liquidity exchanges in this market and can consider Binance, Huobi, Bitmax, Gate, Kucoin because these are my 5 favorite exchanges when participating in this market.

All 5 exchanges have their own strengths but Binance exchange is more appreciated because this exchange always attracts all investors and transaction fees are considered the cheapest in the crypto market.
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July 31, 2020, 05:49:52 PM
 #129

I haven't used all the exchanges available out there, but to me it seems that Binance is the best choice, at least for beginners. There are plenty of opportunities everywhere, if you know what you are doing, but they are reliable, so it would be a good idea to avoid shady exchanges, that offer great opportunities as well, but at a far greater risk!
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July 31, 2020, 05:57:17 PM
 #130

Actually most of the trusted exchange out there doesn't have any big differences in terms of fees. I do not mind the fees because most of the exchange have trading fee lower then 1% and it is a good thing. I mind my strategies than the exchange that I'm using, Binance is one of the best exchange because they are offering futures where there is leverage. I also lke exchanges that have automatic cut loss and buy on breakout features.
For almost people says, they are prefer to use Binance compared to other exchange.
Binance gain too much trust from the traders and also their service are great that anyone traders who like them becauase they are just trusted enough.

Just asking my self why those decentralized exchanges didn't get interested to people. When it comes security they are reliable enough but not on liquidity.

.
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CarnagexD
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July 31, 2020, 06:44:08 PM
 #131

Actually most of the trusted exchange out there doesn't have any big differences in terms of fees. I do not mind the fees because most of the exchange have trading fee lower then 1% and it is a good thing. I mind my strategies than the exchange that I'm using, Binance is one of the best exchange because they are offering futures where there is leverage. I also lke exchanges that have automatic cut loss and buy on breakout features.
For almost people says, they are prefer to use Binance compared to other exchange.
Binance gain too much trust from the traders and also their service are great that anyone traders who like them becauase they are just trusted enough.
This is because binance is outperforming their competitors, and speaking of trust why you would not trust the world's leading crypto exchange? there is no question for that with binance, having a market cap of $1.4 billion last 2018 given the fact they it is found in 2017, imagine a year of getting that huge. They have even bought the Coinmarketcap the number one crypto data tracker, though they were accuse of controlling the info but that's another topic. There is just no reason for every trader not to use the Binance, can't think of a single reason  Huh

Just asking my self why those decentralized exchanges didn't get interested to people. When it comes security they are reliable enough but not on liquidity.
You already said it, if you want to make day trading profitable you should choose an exchange whose liquidity is high unless you wanna make cents.

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mksundip
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August 13, 2020, 12:38:09 PM
 #132

There are so many exchanges that are ready to be used as trade options, but I suggest that you choose Binance or Kucoin, I often trade on both exchanges and it's good in my opinion

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October 08, 2020, 02:30:04 PM
 #133

Binance is a very good option of course, but why do you guys think this is the best place to trade? There are other platforms that offer very tempting fees, and provide a high level of security. Maybe it is worth trying other exchanges too. I have several accounts across exchanges (Binance, Coinbase, Kraken, etc.). It is time-consuming to compare fees/prices/etc. on all exchanges, so I do my trades through this platform - https://www.cryptoview.com as they get live data from the exchanges that I use.
ropyu1978
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October 09, 2020, 04:18:53 AM
 #134

Binance is a very good option of course, but why do you guys think this is the best place to trade? There are other platforms that offer very tempting fees, and provide a high level of security. Maybe it is worth trying other exchanges too. I have several accounts across exchanges (Binance, Coinbase, Kraken, etc.). It is time-consuming to compare fees/prices/etc. on all exchanges, so I do my trades through this platform - https://www.cryptoview.com as they get live data from the exchanges that I use.
I use binance for trade exchange and keep safety because have many altcoin to trade and keep profit for trading, I think binance right now have trouble with my IP country because could not access and have to use VPN to access on binance exchange market, but still waiting when Binance safety access with my IP country without have to use VPN and keep safety with local IP address.
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October 10, 2020, 11:52:59 AM
 #135

I encounter the same challenges on daily trading with a very high charge fee's, until I discovered Binance exchange, is very good with a less charge fee. And since then I Enjoying my cryptocurrency trading with a rest of mind.
naska21
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October 10, 2020, 12:29:52 PM
 #136


When choosing an exchange to trade on, I usually do so using the following requirements:

1. Trading volume and Liquidity: one of the biggest catalyst for price growth is volume. It indicates the amount of people that are actively trading that asset/token/coin. When there's little to no volume, price barely moves. That said, I always trading in high volume exchanges where there's plenty of liquidity and that's where the fun happens.

2. Listed assets: This is a personal preference but I felt like bringing it up. I only trade in exchanges that have my favorite assets and coins. No offense but some low-medium tier exchanges have some coins which doesn't interest me much.

3. Security: though not related to your question but I like to know that my fund are safe (at least to a certain degree).





Nice three-dimensional metrics but i would add the  forth  indicator   like transparency which means the publicity  of historically full  trading  data like volumes, prices, candle history up to 1-minute bases, etc.. Regarding to this I like approach used by nomics, which has split  all exchanges into 6 categories from A+ ("nomics varified") to F (Fail). More reading on this separation    https://blog.nomics.com/essays/transparency-ratings/
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October 10, 2020, 01:02:51 PM
 #137

What's cracking Crypto friends Grin


Recently I started to trade every day a little. I do this on Livecoin.
The thing is I don't know if I also lose on fee charges when the differance beteen buying and selling is little.

On LiveCoin you always pay 0.18% (It was 0.2) fee on trade (buy or sell).

This burns your little profits. I'm not sure but sometimes I think I lose more than I gain because of this d@mn commission.

So I was wondering:

- What's the best exchange to trade dailly?

- On what exchange do you guys trade and why?

- How to prevent the fee charges burning your profit when the difference is small between buying and selling?

Thanks. Grin

I think trading depends on different factor that may be livecoin or binance or kucoin or hobi etc. Basically in which coin you want to trade and its enlisted exchange is main factor. On the other hand low fees and quick transaction is also a big factor in trading. Here i always prefer binance as its transaction is too much speedy. But if i want to trade with specific coin i have to go that enlisted exchange and no way.

thanks.
Yes i also prefer Binance as it has a huge volume and you will find all the top and popular pair here .So for me Binance is the best exchange for day trading .I am using it for long time without having any issue .

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