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Any crypto traders in the house?
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Kripto
Oct 17, 2021 at 21:14
"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.
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Kripto
Oct 14, 2021 at 18:15
Mining it's not that profitable. Mining hardware gets better every year, so if you don't constantly invest in new hardware you will become unprofitable. You better buy the crypto than wasting time with mining.
Any crypto traders in the house?
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Kripto
Oct 14, 2021 at 17:53
I prefer crypto exchanges. There are many advantages when you use exchanges compared to forex brokers.1. Trading costs are fixed and way smaller than forex brokers. For instance, the current fee for trading BTCBUSD future contract on Binance is 0.0170% for takes and -0.0100% (you receive the fee) for makers. 2. A big problem with forex brokers is the spread which is increased during high volatility. In the case of crypto exchanges, the spread is almost inexistent.3. Crypto exchanges have way more altcoins and products like options, volatility indices, stocks indices and some give you the opti...
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