Quote from: nelson4lov on July 23, 2020, 12:45:51 PM

Quote from: Zabivelli on July 04, 2017, 12:19:19 PM

- What's the best exchange to trade dailly?

- On what exchange do you guys trade and why?

- How to prevent the fee charges burning your profit when the difference is small between buying and selling?

When choosing an exchange to trade on, I usually do so using the following requirements:

1. Trading volume and Liquidity: one of the biggest catalyst for price growth is volume. It indicates the amount of people that are actively trading that asset/token/coin. When there's little to no volume, price barely moves. That said, I always trading in high volume exchanges where there's plenty of liquidity and that's where the fun happens.

2. Listed assets: This is a personal preference but I felt like bringing it up. I only trade in exchanges that have my favorite assets and coins. No offense but some low-medium tier exchanges have some coins which doesn't interest me much.

3. Security: though not related to your question but I like to know that my fund are safe (at least to a certain degree).

With that said, Here are my answers:
1. Chose between top tier exchanges like Binance, Houbi or Okex. There's usually good volumes on these exchanges. My personal choice is Binance though.
2. I trade in Binance. It has volume, low fees and funds are SAFU (Binance version of the word - safe).
3. There's no way to get around trading commissions and fees especially for trades with small profit margins. You should checkout binance. The most basic account gets a fee of 0.1% (25% discount if paid with BNB).

Nice three-dimensional metrics but i would add the forth indicator like transparency which means the publicity of historically full trading data like volumes, prices, candle history up to 1-minute bases, etc.. Regarding to this I like approach used by nomics, which has split all exchanges into 6 categories from A+ ("nomics variefied") to F (Fail). More reading on this separation https://blog.nomics.com/essays/transparency-ratings/