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.
No doubts that poloniex , bitrex , bitfinex like exchange are better option for the trading but here if you will see at the fee for the trade then you will find that there is a type of fee which is around 0.2% for every exchange is common thing .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.
You can understand well that it is not a big amount for them because fee is very small for the trade .
If you are thinking that you are facing the problem of the loss more and profit less then instead to see at the fee , you should take care about your stretagy of the trading because if you can make profit more than this fee will be a small amount for you to thing.
Here you need to get started with better trading and with big investment then you will aware that how it is better with wise trade.
So Change trading stretagy is better option for you .