Post
Topic
Board Trading Discussion
Re: Binance traders are making more money than other traders
by
OrangeSeller
on 27/05/2019, 07:20:01 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 think only traders who have background in cryptocurrency as well as trading are those who can make higher profits. Many traders are often to lose due to lack of experience. In my opinion, it is not about the exchange where you trade but on how you will execute your plan in trading. However, if you will make your position in a long term basis, then it could be a profitable for you.
Making money in trading is not just determined by how experienced the trader is or how good your coin is. It is also determined by what coin are you trading and on which exchange. What kind of market are you trying to trade in and so on. Binance being the best exchange has great edge over the rest of the exchanges and if you are a user on Binance, you might end up making more money than others.