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.
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 your day trading is not returning you enough to cop up with 0.2% fees then sorry day trading is not for you. For example - Coin worth 9980 sats when you bought then don't call it day trading if you are selling at 10000 sats and crying for fees.