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Any crypto traders in the house?
Členem od Jun 17, 2021
44 příspěvků
Oct 28, 2021 at 03:58
I completely agree with @momo3HC. Yes, there are brokers who take zero commission and their spreads are then much wider.
Členem od Oct 20, 2018
283 příspěvků
Oct 31, 2021 at 11:33
norman220 posted:momo3HC posted:
May be but:
1. There`s even 0 commission brokers.
2. Judging my own experience with my broker i didn`t have such increased spreads even during the high volatility.
3. I also have a fair big variety for crypto pairs.
And as point 4 i can add the hacker attacks against the crypto exchanges. Sadly but some day you can lose all your funds there.
"0 commission" it's just for marketing. You pay higher spreads or higher overnight interest. There is no free lunch.
There are also regulated exchanges like Coinbase or Kraken but they are more expensive. There is no free lunch.
0 commissions are not connected with higher spreads at 100% of 0 commissions brokers. There`s some who offers 0 commissions and their spreads are fine. Believe me i know what i`m talking about. 😉
momchil_slavov@
Členem od Feb 12, 2019
104 příspěvků
Nov 18, 2021 at 11:35
I usually use brokers to trade btc XRP and on occasion Doge.
I try to find Arb opportunities on Exchanges
I try to find Arb opportunities on Exchanges
Členem od Apr 09, 2019
516 příspěvků
Nov 22, 2021 at 13:37
Depends what exactly you are trading and how. Trading on a broker or exchange are different.
If you can't spot the liquidity then you are the liquidity.
Členem od Jul 19, 2020
742 příspěvků
Dec 04, 2021 at 07:30
Crypto and FX trading are different. So the spread here may be different. But whatever you do, you must gain knowledge.
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