Post
Topic
Board Trading Discussion
Re: Very important tips in digital currency trading
by
BitHodler
on 28/04/2019, 23:56:09 UTC
I don't think we have to use different trading platforms it will make the status of trades to be worse better choose the best of all and stick with it.
It depends. In some cases people intentionally use multiple platforms for the sake of nothing having all their speculative funds sitting in one single exchange, because we all know what can happen with an exchange.

Instead of losing all your funds, you will only lose a third or fourth of your speculative funds. It still sucks of course to lose a chunk of your funds, but if you're using centralized exchanges anyway, then why not go ahead and spread the risks?

Major benefit to having funds in multiple exchanges is that it also allows you to exploit arbitrage opportunities. It's just a matter of logical thinking in my book. Better safe than sorry. Smiley