Best Exchange for day trade?

[Zabivelli]

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.

[1714721922]

1714721922

[1714721922]

1714721922

[1714721922]

1714721922

[stomachgrowls]

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.

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.

[boranes]

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

[Zabivelli]

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

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.

[Zabivelli]

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

Thanks for the link tho!

[Serpens66]

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.

[stomachgrowls]

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

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. 

[Zabivelli]

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 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..

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

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.  

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..

[mrfreezeh]

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.

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

[nydiacaskey01]

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.

[jekjekman]

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.

[Pearls Before Swine]

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.

[ImHash]

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.

[ActiveP]

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.

[mclone]

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.

i can suggest these 3
www.btc-e.com speed and security
www.bittrex.com easy
www.cex.io credit card accepted

[TheKingofBubble]

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.

[Zabivelli]

Thanks for the help guys.

[tigershark]

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 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.

[Serpens66]

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.

[Zabivelli]

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 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!