Post
Topic
Board Trading Discussion
Re: BTC--->USD day trading possible?
by
monkeydominicorobin
on 27/10/2017, 15:01:38 UTC
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. Angry Angry

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  Cheesy

Always calculate the fees when it comes to trading. The problem with 0 fees like GDAX is it may be charging fees as well. So don't rely on advertising or advice. Rely on Math. Never take shortcuts.