To use chat, please login.
Back to contacts

Any crypto traders in the house?

Mar 11, 2021 at 10:41
1,442 Views
25 Replies
Biedrs kopš   46 ieraksti
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.
Biedrs kopš   300 ieraksti
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@
Biedrs kopš   105 ieraksti
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
Biedrs kopš   538 ieraksti
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.
Biedrs kopš   788 ieraksti
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.
Pieslēgties / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Spams netiks pieļauts, un tā rezultātā var slēgt kontu.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.