Post
Topic
Board Trading Discussion
Re: Best platform for day to day trading?
by
SmokerFace
on 13/04/2017, 02:15:59 UTC
Obviously I can google this, but I would just like to hear what you guys have to say as those articles are outdated and may contain irrelevant information.
I think the best exchange site for me thar you need to try is Poloniex Exchange if you want a Day to Day trade because it has a big volume for every coin 10Btc volume is the lowest in this site and coin is very wavy or always moving you can do buy low and sell high again and again depend on the altcoin, And especially it has margin section.
What is Margin?
- Margin is the features on poloniex that you can loan money for trading depending on your balance in your Margin Wallet and it has 2 Position so you can earn profit by just a day but take note it is risky.
Long Position - it is the position that you can earn profit when the coin is getting high.
Short Position - it is the position that you can earn profit when the coin is getting low.
You can borrow 2.5x of your Balance with a small fees so its worth it.