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
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
Why dont you try some exchanges like, poloniex, bittrex they are very good in BTC-USD trading and their fees is also low. The trading volume is also high so you can trade very easily.
However, there has been some recent update with people and most especially newbies having to verify their account with their ID, so if you have nothing to hide, that should not be a problem otherwise, without verification, you may not be able to get your funds out.