Post
Topic
Board Trading Discussion
Re: Binance traders are making more money than other traders
by
pundit
on 05/04/2019, 16:55:33 UTC
I just published a study which explores how Binance traders are making more money than traders on other exchanges.

https://blog.shrimpy.io/blog/exchange-liquidity-a-comparative-study

I'm happy to answer any questions about the study.

I am not sure about profit but yes in Binance you can make a quick deal as trading volume is very high. There are lots of traders placing order in Binance at the same time so you need not to wait to sell or buy any token whereas in other exchanges volume is not that good.  Less volume also increases the price gap means Sell order and Buy order are placed at a huge gap, in such situation noone wants to buy buy costly and sell cheap. If a trader is good in fundamental or technical analysis he/she can make good profit at Binance due to nice platform and instant execution.