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Author Topic: Which exchange do you trade on and why?  (Read 615 times)
Avdotiy (OP)
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October 27, 2017, 07:38:58 PM
 #1

Hi. I am newbie, as you already understood. I want to discuss exchanges, because I am a curious person Tongue and I consider this subject as a very important one for loosers like me.  Roll Eyes
2 questions
1. Why prices for the same currency are different on a different exchanges?
2. Which exchange do you trade on and why?


piccionipier
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October 27, 2017, 08:43:01 PM
 #2

Before all this bullshit, why do you consider yourself as a looser? came on mate, you dont have to say those kind of words to yourself.
Anyway, regarding to your question, i am only using Poloniex and Bittrex, and i think that most of the people who are in this forum are using the same exchanges, because we all know that they are the only ones who are able to diserve our trust and our funds, of course.
So dont use a shitty exchange, because you are probably going to be stoled in there.
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October 27, 2017, 08:44:58 PM
 #3

Hi. I am newbie, as you already understood. I want to discuss exchanges, because I am a curious person Tongue and I consider this subject as a very important one for loosers like me.  Roll Eyes
2 questions
1. Why prices for the same currency are different on a different exchanges?
2. Which exchange do you trade on and why?



This question has been asked many times before, so you might aswell use the search button, or google it.

1. Because the demands are different on different exchanges, due to other people trading on each exchange. Volumes for example are going to be different aswell. However, this usually resolves itself because of arbitrage. See, https://en.wikipedia.org/wiki/Arbitrage

2. Poloniex & Bittrex.

I like the layout of Poloniex & i have never had a problem with them in the past. I'd say the same goes with bittrex but i feel they're a little bit safer, that's just a feeling and hasn't been proven at all.

I tend to only trade on the exchanges with the highest volume, so i guess that is a big reason aswell that i trade on bittrex/poloniex.

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October 27, 2017, 08:46:25 PM
 #4

Yobit. It has a good selection and is anonymous (or at least you can be anonymous).
AdolfinWolf
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October 27, 2017, 09:00:52 PM
 #5

Yobit. It has a good selection and is anonymous (or at least you can be anonymous).

Not to mention that it is also an exchange with russian gateways to potentially launder enormous amounts of money, and that they are registered in the middle of nowhere + the fact that they have no volume + 99% of their coins are shitcoins that are being pump & dumped.




A post i made earlier this year covers this, i really wouldn't state that yobit is the "Best" exchange.

Anyone outside who is able to provide some details about yobit, like ownership, address, etc.? Would be much appreciated.......

This is what a user in another forum spread about YoBit, which is unconfirmed, but looks very weird to me. It would be great if the admin of YoBit could enlighten me about this, and if this is actually true.

(Sorry for hijacking your thread)

Quote
Yobit;
-Registered in offshore heaven Panama


-Fiat withdrawals are oriented on Russian platforms with ability to launder money,


-Confirmed bots on yobits behalf pumping and dumping with intention to make FUD and FOMO.


There's a shit amount of reports and complaints about them.

https://bitcointalk.org/index.php?topic=1857032.0 for example.

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October 27, 2017, 09:04:34 PM
 #6

I really like Bittrex. For their size, they have decent support and a variety of coins. Saw some stuff about people having their accounts disabled and stuff, but I guess they must've had their reasons. However, lately I've been really getting into binance. Awesome support (from what I've seen) and no shady shit. At least so far. Plus the interface is far better than trex'.
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October 27, 2017, 10:40:27 PM
 #7

Hi. I am newbie, as you already understood. I want to discuss exchanges, because I am a curious person Tongue and I consider this subject as a very important one for loosers like me.  Roll Eyes
2 questions
1. Why prices for the same currency are different on a different exchanges?
2. Which exchange do you trade on and why?


Why this was so disgusting for me to see you said yourself as a loser, or you just try to make a troll for yourself.
I give you my answer about that.
1 It caused by the volume of each exchange site is different, But you don't see the difference between the exchange site. If you are seeing the different pair on the same exchange and I think that gives you the different price.
2 Just try to trade on the major exchange and why? to keep the security will be stable and the important thing you can try to dump your coin instantly without waiting for the big order. You can folllow the whale.

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orarider
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October 27, 2017, 11:03:01 PM
 #8

Yobit. It has a good selection and is anonymous (or at least you can be anonymous).

I think yobit is no longer a good trading platform. Compared to other exchanges such as bittrex or poloniex, yobit is too small. While other exchanges have been steadily growing, yobit has shown weaknesses in its ability to grow.
Avdotiy (OP)
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October 28, 2017, 01:22:17 PM
Last edit: October 28, 2017, 04:24:24 PM by Avdotiy
 #9


Before all this bullshit, why do you consider yourself as a looser? came on mate, you dont have to say those kind of words to yourself.
Anyway, regarding to your question, i am only using Poloniex and Bittrex, and i think that most of the people who are in this forum are using the same exchanges, because we all know that they are the only ones who are able to diserve our trust and our funds, of course.
So dont use a shitty exchange, because you are probably going to be stoled in there.
[/quote]

[/quote]Why this was so disgusting for me to see you said yourself as a loser, or you just try to make a troll for yourself.
I give you my answer about that.
1 It caused by the volume of each exchange site is different, But you don't see the difference between the exchange site. If you are seeing the different pair on the same exchange and I think that gives you the different price.
2 Just try to trade on the major exchange and why? to keep the security will be stable and the important thing you can try to dump your coin instantly without waiting for the big order. You can folllow the whale.
[/quote]


Of course, I am kidding by calling myself a looser. I just mean that I dont know much about Crypto-economy and trying to learn.
I am trading little amount of money on Poloniex, but there are some issues with it lately. First of all, I heared that sometimes it 'lugs' during important movements, so you can't really control situation and start to loose money. It never happend to me because I am a small fish, but heared some stories from my friends with bigger deposits. Secondly, I know that  the volume is bigger on Bittrex, there are more coins present, and I dont really like chart system on Polo.
There are plenty of exchanges, I know that Smiley. American, Russian, Japanese and many other like Bitfinex, Bitmex, Kraken, BitFlyer and so on.  Every exchange has it's own aspects and every trader has his own strategy, so it was interesting for me to know your opinions about this.
Thank you for your answers  Grin

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October 28, 2017, 01:34:33 PM
 #10

Hi. I am newbie, as you already understood. I want to discuss exchanges, because I am a curious person Tongue and I consider this subject as a very important one for loosers like me.  Roll Eyes
Your not a loser since you are in bitcoin you have chance to know a lot of things here and gain knowledge and start earning.

1. Why prices for the same currency are different on a different exchanges?

It's because not all coins does have the same demand, the same supply and market cap so prices are moving.

2. Which exchange do you trade on and why?

Bittrex, poloniex and don't use yobit because it's the worst exchange that I know.

cheburash
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October 28, 2017, 01:38:21 PM
 #11

Hi. I am newbie, as you already understood. I want to discuss exchanges, because I am a curious person Tongue and I consider this subject as a very important one for loosers like me.  Roll Eyes
2 questions
1. Why prices for the same currency are different on a different exchanges?
2. Which exchange do you trade on and why?


Dude, use only polo, all another exchanges - scams. Polo-trading-bots can make u a richman if you don't make margin trades.
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October 28, 2017, 03:06:11 PM
 #12

Hi. I am newbie, as you already understood. I want to discuss exchanges, because I am a curious person Tongue and I consider this subject as a very important one for loosers like me.  Roll Eyes
2 questions
1. Why prices for the same currency are different on a different exchanges?
2. Which exchange do you trade on and why?


I have like to trade poloniex, bittrex and cryptopia. because these are big exchange and easy to use.but few days ago i feel some problem in bittrex that is limited withdraw limit for those did not active 2fa security.And after active 2fa it now normal for me.
Only rare time price are different in  different exchanges when a group want to pump any coin in one exchange.

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October 28, 2017, 03:10:42 PM
 #13


Dude, use only polo, all another exchanges - scams. Polo-trading-bots can make u a richman if you don't make margin trades.
why you say all other exchange are scam? are you sure about all the exchange are scam without poloniex? i think you should to learn more  to decide any exchange scam or not.

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October 28, 2017, 03:23:04 PM
 #14

Hi. I am newbie, as you already understood. I want to discuss exchanges, because I am a curious person Tongue and I consider this subject as a very important one for loosers like me.  Roll Eyes
2 questions
1. Why prices for the same currency are different on a different exchanges?
2. Which exchange do you trade on and why?


I think bittrex is the best exchanger. Many people likeme are havea trust to the bittrex.  Bittrex has a high security that can secure and protect the coins of the traders.

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October 28, 2017, 03:28:17 PM
 #15

Hi. I am newbie, as you already understood. I want to discuss exchanges, because I am a curious person Tongue and I consider this subject as a very important one for loosers like me.  Roll Eyes
2 questions


1. Why prices for the same currency are different on a different exchanges?

The volume is different for each exchange and often times there are different people trading on them with different price expectations. There is a delay to transfer currencies from one exchange to the other and thus the prices can differ.

2. Which exchange do you trade on and why?

I use bittrex mostly, the UI is much better than any other in my opinion.


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October 28, 2017, 03:29:21 PM
 #16

i used to trade on bittrex for a rather long time but recently they started acting very shady. they blocked lots of accounts and kept the users funds hostage. there has been lots of other complaints about their exchange too. so i am currently looking for an alternative myself.
i am using cryptopia but it is a small exchange with not enough liquidity despite being a good platform.

There is a FOMO brewing...
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January 15, 2018, 08:27:32 PM
 #17

Currently,trade is a phenomenon that has become a daily activity in the world of cryptography.An unconditional leader among the international exchanges for the exchange of cryptic currency is the English-speaking Poloniex.
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January 15, 2018, 08:35:48 PM
 #18

I actively use Binance & Cryptopia, and also have an account with Bittrex that I haven't really used. It can be a bit frustrating be cause certain coins will only be available on certain exchanges, (like HitBTC has a pair I want to trade, but I don't want to make an account with them just yet...).

I like Binance's back-end and system, it's very clean and easy to use. I used to trade Forex, so I feel like these are still lagging behind currency charts/indices (price isn't always clear on the charts with the cursor, etc).

Cryptopia I use because it allows local currency and is sort of the "gateway" into using/buying other coins/tokens/ICOs/etc. Smiley
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January 15, 2018, 08:38:51 PM
 #19

I like GDAX for BTC, ETH, LTC and BCH.  Mainly because limit orders are free and I like how the charts are setup. Free trades though is big when your just learning and will most likely lose more often than not. This will minimize lose.
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January 15, 2018, 09:10:54 PM
 #20

Only on Kucoin, and cryptopia, and sometimes Binance.

But i am only using them because they are not asking you to provide your ID's before sending money there and being able to trade with it.

Those are the only reasons of why i am using them at the moment, otherwise, i wouldn't


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