How helpful do you think it would be trading on a multiple exchanges...

[anapodrimaj]

How helpful do you think it would be trading on a multiple exchanges from a single app or platform powered by AI?

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[haroldtee]

It totally depends on you and the coin you always wish to trade but when it comes to at least having your funds spread across different exchanges, having lots of coin to play around with to make more profit as there are some coins that may look good to trade which you will find on one exchange and you won't find on the other, then having multiple exchanges to trade can be fun. Thanks for apps like coinigy where you can just on one platform, trade on all these exchanges with your API. However, just find what will work best for you as what works best for me, may not really do for you, but presently, at least I trade on bittrex, poloniex, bitfinex and cryptopia.

[jakelyson]

How helpful do you think it would be trading on a multiple exchanges from a single app or platform powered by AI?

That would be very helpful especially if the AI can help you do arbitrage trading, or help you analyze prices, volumes and movements from different exchanges and show reports.

Are you developing one?

[anapodrimaj]

How helpful do you think it would be trading on a multiple exchanges from a single app or platform powered by AI?

That would be very helpful especially if the AI can help you do arbitrage trading, or help you analyze prices, volumes and movements from different exchanges and show reports.

Are you developing one?

Yes actually we are, aix.trade it includes all what you have mentioned. It will be integrated with multiple exchanges, all the exchanges where a trader trades will be integrated under AiX, and AiX will communicate with them in real time, making real time trading decisions, while the trader will be able to communicate with the AiX chatbot, so AiX is your AI Broker. It will not have an individual exchange of its own, so whatever your favorite exchange is, AiX will support that, and enable you to even make real time trading on multiple exchanges, while making smart decisions and helping you with real time information on the market.

[dsaijz03]

It would be helpful if you want to get more profit and spread your AI,  much better if it can do coin analyzation.Also, there are some coin that are not available on a single exchange so better have multiple exchange to have all your coins you want.

[squatz1]

While it would be cool, it's not something which would be possible given the current exchanges and laws in each country. One of the biggest problems right now that we have is that certain countries don't allow US citizens (or others) on their exchanges. So this AI would still have to be verifierd on a person by person basis. This AI would also make a mega exchange too, making money from buying on one exchange on selling on another would be all but removed due to it.

I don't see this ever being made though, I don't see the demand present at the moment.

[BarbusseH]

When using third-party programs for trading on exchanges, it is necessary to take into account the safety factor. And what if the hacker can crack this program?

[cr_liev]

How helpful do you think it would be trading on a multiple exchanges from a single app or platform powered by AI?

It sounds useful but not safe. And... I personally wouldn't want this app to be accessible to everyone. AI may break all the sense of trading (if everyone uses the automated means of trading, no one loses - so no one earns?).

[pawanjain]

Well I think this might be helpful for people who find it difficult to manage multiple accounts on different exchanges. Nowadays , many IT driven companies are trying to implement AI for business purposes. Implementing AI in crypto might open new opportunities for the people. The app will surely provide easy access towards the exchanges but there is another problem that I think can create a big issue if not handled accurately. We can see many people getting hacked these days and losing their cryptocurrencies. If a hacker gets hold of your credentials then not only 1 but you might lose coins from all the exchanges you have connected with your app. So this has to be handled efficiently by the app developer.

[tungaqhd]

How helpful do you think it would be trading on a multiple exchanges from a single app or platform powered by AI?

I prefer trading on multiple exchanges than a single app because i can choose exchange which has better price. AI sounds interesting but i don't believe it.

[chris200x9]

Well I think this might be helpful for people who find it difficult to manage multiple accounts on different exchanges. Nowadays , many IT driven companies are trying to implement AI for business purposes. Implementing AI in crypto might open new opportunities for the people. The app will surely provide easy access towards the exchanges but there is another problem that I think can create a big issue if not handled accurately. We can see many people getting hacked these days and losing their cryptocurrencies. If a hacker gets hold of your credentials then not only 1 but you might lose coins from all the exchanges you have connected with your app. So this has to be handled efficiently by the app developer.

Because of this issue, we are using multiple exchanges, you come up with good point mate, if the dev is not handled this properly then we will lose everything in the single shot. personally, i don't like this concept i like to do trading on multiple exchanges it is safe.

[RenBct]

I've asked alot of traders which are experienced and a pro in trading and they said that trade in only one exchange so that you will be focus there are your trades there.

[BrewMaster]

i see no point in that!
there are different exchanges but they are nearly the same and if you choose either one of the top 3 you are good to go. they offer the same options more or less too!
the only time you want to have an account on different exchanges and trade there is when they have some particular market that the other exchanges don't or when you want to do an arbitrage trading which i highly risky when it comes to altcoins.

[Markperop]

i see no point in that!
there are different exchanges but they are nearly the same and if you choose either one of the top 3 you are good to go. they offer the same options more or less too!
the only time you want to have an account on different exchanges and trade there is when they have some particular market that the other exchanges don't or when you want to do an arbitrage trading which i highly risky when it comes to altcoins.

maybe I do not understand the topic, but different altcoins have very different prices on different exchanges. It is necessary to trade on several exchanges, and at the same time, keep an eye on everything that is happening. It's hard enough.

[gamalzour]

I think it’s the same thing as trading on one exchanger. Why? Because even if you’re trading on various exchangers you won’t be able to trade on them all at once.

So it’s the same thing as trading with only one exchanger cause you will also be earning the same thing as you do with trading with many. Trading with many exchangers is even a waste of time and stressing yourself out, so it makes no sense to me and will not help you in any way at all.

[chocolah29]

I think it’s the same thing as trading on one exchanger. Why? Because even if you’re trading on various exchangers you won’t be able to trade on them all at once.

So it’s the same thing as trading with only one exchanger cause you will also be earning the same thing as you do with trading with many. Trading with many exchangers is even a waste of time and stressing yourself out, so it makes no sense to me and will not help you in any way at all.

It's hard to trade simultaneously unless you have many eyes on you. Well just kidding, I know what's your point here but I think trading in multiple exchanges doesn't affect your profit directly though there are exchanges that have a high rate of value than in the other exchanges and with it you can profited however and there's also some factors that we should always consider.

[damsix]

in Cryptocurrency trades if using a third party in my opinion it does not agree, because it is dangerous with all the effects that arise it.

the example is BOT (third party), BOT is very dangerous if can not be controlled, because cryptocurrency trading that require thinking and emotion someone. as well as AI which is a third party in Cryptocurrency.