I do a ton of trades a day, but I have to transfer cryptoccurency from one exchange to another. Since bitcoin transactions take a lot of time and theres a fee, what do you think I can do? Should I sell the bitcoin on the exchange for a fast currency like NANO and then transfer it to the other exchange and then sell the NANO there to get back the BTC? Do I make any sense? Any answer will help thanks 🙂
Yes you can do it but i think it will also take more time. I recommend you to use XRP beacause it's transaction fees is very less ,but for this you have to first convert your btc in xrp then transfer to the other exchanges ,and there again you have to convert it into btc for your further ttading. So it's depends on you to choose xrp or btc or any otther coin.