Best Exchange for day trade?

[pooya87]

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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[BossBee]

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

[HODL to the moon]

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

[hajimasan]

What's cracking Crypto friends


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.

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 ) .

[Nahl]

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

[Sikka157]

Kraken, BIttrex.

[pisston]

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.

[hase0278]

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.

[Idrisu]

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.

[densuj]

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.

[bouren]

What's cracking Crypto friends


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.

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.

[freeyourmind]

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.

[xFiber]

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.

[equator]

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.

[freeyourmind]

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.

[Alice Nuttal]

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.

[Aztek]

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.

[dimablover]

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.

[allohha]

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.

[weav]

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.