Hi Friends,
Is it possible to do BTC--USD ( not any other coins) day trading? Which platform will be good for this?
I tried in coinbase but their fees is too high. I tried to do with 1 BTC and I end up loosing money. I sold 1 btc and they charged $80 then when I bought back again they charged again $80 so instead of making some money when btc price increaased about $150, I lost $10 because of fees.
So, is there any other platform that charge less fess so that at least I can make money if btc price increases about $150 or so?
Many Thanks
Coinbase is never the right option for one to trade bitcoin and USD. Better go with bittrex and poloniex. But be very very very careful with bittrex, they are banning and closing accounts recently without any prior notice and they won't return your money back to you. And poloniex requires KYC documents just to increase your limit's from 0$. Better keep your documents ready and make sure you have done enhanced verification in these exchanges, other than that you're all set to go. Is it possible to do BTC--USD ( not any other coins) day trading? Which platform will be good for this?
I tried in coinbase but their fees is too high. I tried to do with 1 BTC and I end up loosing money. I sold 1 btc and they charged $80 then when I bought back again they charged again $80 so instead of making some money when btc price increaased about $150, I lost $10 because of fees.
So, is there any other platform that charge less fess so that at least I can make money if btc price increases about $150 or so?
Many Thanks