Quote from: ShowOff on April 04, 2019, 08:26:09 PM

Quote from: jems on April 04, 2019, 07:31:40 PM

Quote from: KjutNikolas on November 08, 2018, 07:09:21 AM

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 🙂

That is indeed enough to enter and it has often been used to reduce and accelerate the costs of transactions or transfer of funds between exchanges. But you must remain careful in monitoring the price differences between the two exchanges.

Price usually something that really important to look. Not only fast, but money that we used to make that transaction must looked carefully. Don't let that fast transaction make us use more money than if we use bitcoin.

Regarding on this trading pattern it seems that it is some sort of arbitraging or just simply converting your btc to other alts just for the sake of fast transactions but i dont get the point yet you would need to deposit once again those btc and tend to switch back.It would really just consume time and fees and also prices arent really that much of gap actually where you can able to profit between on their margin.