Bitcoin Forum
July 01, 2024, 10:27:48 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: Coinbase vs Kraken vs Cex vs...  (Read 994 times)
Tornand (OP)
Member
**
Offline Offline

Activity: 117
Merit: 10


View Profile
October 27, 2017, 04:11:39 PM
 #1

Hi all,

I wonder how many accounts I should create at exchanges just to be able to quickly react if I want to.
How many accounts on which exchanges do you have?

Thanks for answers
Joe-Niner
Full Member
***
Offline Offline

Activity: 130
Merit: 145


View Profile
October 27, 2017, 04:14:21 PM
 #2

I have about 5 accounts on few exchanges.  It's not like you have to have one on every one.  Most have similar coins.  Get a few on the major exchanges and then get a few on the minor ones which deal with up and coming crap coins that might turn out to not be so crap.
tsaroz
Legendary
*
Offline Offline

Activity: 2996
Merit: 1069


Axioma Holding - Axioma Pay Crypto Card


View Profile WWW
October 27, 2017, 04:20:55 PM
 #3

I have accounts in a lot of exchange. But currently, I'm active on Coinbase, Binance, Kucoin, Novaexchange, C-cex, yobit and Etherdelta.

        ▄▄▄████████▄▄
     ▄████▀▀▀   ▀▀▀████▄
   ▄██▀▀ ▒ ▀▄ ▄▀ ▒ ▄  ▀██▄
  ██▀▀ ▀▄ ▒ ▒▄▒▄▒ ▒ ▄▒  ▀██
 ███ ▀▀▄▄▀▄▒▒▒▒▒▒▒ ▒▄▄▄▀ ███
███ ▀▀▄▄▄▒▒▒█████▒▒▒▄▄▄▀▀ ███
██  ▀▄▄▄▀▒▒███████▒▒▄▄ ▀▀  ██
███ ▄▄▄▀▀▒▒▒█████▒▒▒ ▀▒▄▄ ███
 ██▄  ▄▒▀▄▒▒▒▒▒▒▒▒▒▄▀▀▄  ▄██
  ██▄▄ ▄▀ ▄▀▄▀▒▀▒ ▒ ▀▄  ▄██
   ▀██▄▄ ▄▀▄▀ ▒ ▀▄ ▒  ▄██▀
     ▀███▄▄   ▀  ▀▄▄▄██▀
        ▀▀█████████▀▀

 ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
█████████████████████████████████
█████████████████████▀▀▀▀▀▀▀▀▀███
███▀▀▀▀▀▀████████████████████████
███      ████████████████████████
███▄▄▄▄▄▄████████████████████████
█████████████████████████████████
███▄▄▄▄▄██▄▄▄▄██▄▄▄▄██▄▄▄▄▄██████
███▀▀▀▀▀▀▀▀▀▀▀▀▀█████████████████
█████████████████████████████████
 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.Crypto Cards. with
buying solutions

      ▄▄█████████▄▄
   ▄█████████████████▄
  █████████████████████
 █████▀█████ █████▀█████
██████  ▀██   ██▀  ██████
██████             ██████
██████▄▄▄▄▄▄▄▄▄▄▄▄▄██████
▀███▄               ▄███▀
 ▀█████████████████████▀
  ▀███████████████████▀
    ▀▀█████████████▀▀
        ▀▀▀▀▀▀▀▀▀
Launch Your Own
.Crypto Tokens.


█▄                                    ▄█
 ██▄                                ▄██
  ▀███▄▄▄                     ▄▄▄▄███▀
  █▄▀████████▀    ▄████▄  ▀████████▀▄█
   ▀█▄▄█████     █████      █████▄▄█▀
    ▀████████   ██████     ████████▀
       ▄██████▄ ███████▄ ▄██████▄
          ▀▀████████████████▀▀
                ████████
AXIOMA
..EAGLE CITY..
klixion
Sr. Member
****
Offline Offline

Activity: 645
Merit: 250


View Profile
October 27, 2017, 04:34:52 PM
 #4

You don't need that many accounts unless you want to trade a bunch of different altcoins.  You can get by with only 2 accounts.  One on Coinbase or Gemini to sell bitcoins/ethereums for fiat and one major altcoin exchange like Bittrex, Binance or Poloniex. 
o_e_l_e_o
In memoriam
Legendary
*
Offline Offline

Activity: 2268
Merit: 18588


View Profile
October 27, 2017, 04:42:09 PM
 #5

You don't need that many accounts unless you want to trade a bunch of different altcoins.  You can get by with only 2 accounts.  One on Coinbase or Gemini to sell bitcoins/ethereums for fiat and one major altcoin exchange like Bittrex, Binance or Poloniex. 

This is exactly the set up I have. Why over complicate things? One exchange that deals with fiat to BTC/ETH, and one exchange that deals with BTC/ETH to alts.
Voice-Of-Reason
Full Member
***
Offline Offline

Activity: 228
Merit: 100


View Profile
October 27, 2017, 04:50:49 PM
 #6

Polo and Kraken, from time to time I might use Coinbase but it sucks (acc is actually locked for no reason right now and support is non existent).
Tornand (OP)
Member
**
Offline Offline

Activity: 117
Merit: 10


View Profile
October 27, 2017, 04:59:41 PM
 #7

I wonder if you can make profit if trading between the exchanges. Is this doable and/or wise?
BIG Tyrese
Member
**
Offline Offline

Activity: 85
Merit: 10


View Profile
October 27, 2017, 05:02:53 PM
 #8

Coinbase probably has the best customer service and is the most popular and thats why I use them because they are trusted.
bamb
Sr. Member
****
Offline Offline

Activity: 938
Merit: 251



View Profile
October 27, 2017, 05:05:03 PM
 #9

One account is enough for each and every exchange of your choice! The poster above me is asking if it is possible to make profit trading between exchange? It is actually possible and do able. You need big capital to make profit though. This kind of trading is called Abitrage!

                                  ██▄▄              ▄▄██
                                   █████▄        ▄█████
      ▄▄▄▄▄        ▄▄▄▄▄ ▄▄▄▄▄▄     █████▄      ▄█████      ▄▄▄▄▄▄▄
  ▄███████████▄    █████████████▄    █████▄    ▄█████   ▄▄███████████▄    █████     █████
 █████▀▀▀▀██████   ██████▀▀▀██████    █████▄  ▄█████   ▄█████▀▀▀▀▀█████▄   █████   █████
█████  ▄▄█████▀▀   █████     █████     █████▄▄█████    █████       █████    █████ █████
██████████▀▀       █████     █████      ██████████     █████       █████     █████████
 ██████▀ ▄▄▄█▄     █████     █████       ████████      ▀█████▄▄▄▄▄█████▀      ███████
  ▀████████████    █████     █████        █████        ▀▀███████████▀         █████
     ▀▀▀▀▀▀▀▀      ▀▀▀▀▀     ▀▀▀▀▀         ▀▀▀▀             ▀▀▀▀▀▀▀           █████
                                                                             █████
                                                                            █████
                                                                           █████
.
                    ▄▄▄████▄
▀████▄▄▄          ▄██████████
 ▀███████▄       ▄██████████
  ▀████████      ██████████
   █████████    ██████████▀
    █████████  ▄█████████▀
     █████████ ██████████
      ██████████████████
      ▀████████████████
       ▀█████████████▀
        ▀████████████▀
         ▀██████████▀
           ▀███████▀
.
khan149
Copper Member
Sr. Member
****
Offline Offline

Activity: 463
Merit: 251



View Profile
October 27, 2017, 05:32:47 PM
 #10

I have about 6 accounts on few exchanges.These are Coinbase, Etherdelta, Novaexchange, Bittrex, Coinexchange and liqui.I always use these exchanges.Because these exchangers are very trusted.I like their security.
lowkey9898
Member
**
Offline Offline

Activity: 90
Merit: 10


View Profile
October 27, 2017, 05:34:16 PM
 #11

I use Bittrex, Livecoin, Nova exchange, coinexchange , liqui. It's good for arbitration. Because they seem to serve different crowds.
MrBillioner
Newbie
*
Offline Offline

Activity: 17
Merit: 0


View Profile
October 27, 2017, 06:11:32 PM
 #12

Poloniex, Binance, Coinexchange, Coinbase. I have only 1 account in these exchanges. You dont needa have many accounts
shekt4
Member
**
Offline Offline

Activity: 95
Merit: 10


View Profile
October 27, 2017, 06:46:04 PM
 #13

Poloniex bittrex bitfinex coinexchange yobit
Goosebump
Full Member
***
Offline Offline

Activity: 161
Merit: 100


View Profile
October 27, 2017, 06:47:59 PM
 #14

Depending on how many altcoins you are trying to trade. Diversifying the coins to different accounts would probably be your best bet. However, make sure to physically write down the login information.
alyssa85
Legendary
*
Offline Offline

Activity: 1652
Merit: 1088

CryptoTalk.Org - Get Paid for every Post!


View Profile
October 28, 2017, 12:18:37 PM
 #15

Kraken's trading engine is buggy and slow. They're a great exchange if you want to deposit and withdraw using SEPA. But when it comes to trading, expect the site to go down when there are big moves and everyone is logging in.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.YoBit InvestBox.|.BUY X10 AND EARN 10% DAILY.🏆
FiiNALiZE
Hero Member
*****
Offline Offline

Activity: 868
Merit: 500

CryptoTalk.Org - Get Paid for every Post!


View Profile
October 28, 2017, 06:32:52 PM
 #16

Hi all,

I wonder how many accounts I should create at exchanges just to be able to quickly react if I want to.
How many accounts on which exchanges do you have?

Thanks for answers
I don't want to use any of those websites because they usually have accounts locked for no reason, just recently Bittrex locked a number of accounts.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.CryptoTalk.org.|.MAKE POSTS AND EARN BTC!.🏆
SopihxiDesil
Newbie
*
Offline Offline

Activity: 41
Merit: 0


View Profile
October 29, 2017, 02:48:07 AM
 #17

Use one account on each exchange only to avoid banned!
Zocadas
Hero Member
*****
Offline Offline

Activity: 909
Merit: 508


View Profile
October 29, 2017, 06:14:45 AM
 #18

I use one on each of several exchangers like cryptopia, poloniex, Bittrex and Bitfinex, but I can't react fast because I don't keep my coins on exchangers. As longterm trader I build up my portfolio, so no quick reaction is needed.
btcney
Hero Member
*****
Offline Offline

Activity: 588
Merit: 500



View Profile
October 29, 2017, 08:16:42 AM
 #19

Hi all,

I wonder how many accounts I should create at exchanges just to be able to quickly react if I want to.
How many accounts on which exchanges do you have?

Thanks for answers

Why would you want multiple accounts?

I mean the sign up procedue on most exchanges are usually quick ande asy, and won't take you more than 5 minutes to complete. If you want the extra convenience then sure, set up an account on every single exchange that you can possibly use for future use. This is what i do personally. But it's not necessary.

Cex has significant issues, coinbase's support isn't exactly the best. Kraken is the best out of the three.
Tornand (OP)
Member
**
Offline Offline

Activity: 117
Merit: 10


View Profile
November 10, 2017, 06:05:59 PM
 #20

Hi all,

I wonder how many accounts I should create at exchanges just to be able to quickly react if I want to.
How many accounts on which exchanges do you have?

Thanks for answers

Why would you want multiple accounts?

I mean the sign up procedue on most exchanges are usually quick ande asy, and won't take you more than 5 minutes to complete. If you want the extra convenience then sure, set up an account on every single exchange that you can possibly use for future use. This is what i do personally. But it's not necessary.

Cex has significant issues, coinbase's support isn't exactly the best. Kraken is the best out of the three.

My question has been a bit misleading. I didn't mean multiple accounts on one exchange but rather where to have an account at all.
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!