Best exchange to buy on?

[Aireoth]

Question in title, what is your favorite exchange?

 

[sgrinavi]

Coinbase

 

[legcramp]

Best exchange to day trade on without getting hit by huge fees?

 

[cdabc123]

Best exchange to day trade on without getting hit by huge fees?

Kraken. They have low fees on margin positions as well

 

[legcramp]

Kraken. They have low fees on margin positions as well

Thanks, I'll give them a try; Coinbase's fees are crazy for day trading.

 

[oldmanbal]

coinbase but I'm not playing tennis with currencies trying to make a buck in the margins

 

[Archaea]

Thanks, I'll give them a try; Coinbase's fees are crazy for day trading.

coinbase pro is 1/2 a percent for makers and takers at the smallest trading tier (most of us), and goes cheaper from there. If you are a big roller, 500M transaction volume - you get free trade. Something to aspire to. lol

https://help.coinbase.com/en/pro/trading-and-funding/trading-rules-and-fees/fees

I have a trading account with Bittrex as well. Here are their fees.

https://bittrex.zendesk.com/hc/en-us/articles/115000199651-What-fees-does-Bittrex-charge-

 

[Parja]

Thanks, I'll give them a try; Coinbase's fees are crazy for day trading.

Don't trade on Coinbase. Trade on Coinbase Pro.

 

[Zedicus]

don't trade on coinbase period. they are not customer friendly. Kraken has much lower fees at all tiers. Kraken is not as pretty as far as the interface goes, but that is the only negative.

 

[cdabc123]

Kraken fees are .16% .26% at the lowest tier.

Coinbase also has the friendly habbit of going down or "maintenance" when crypto gets volatile. Not to say kraken hasnt in the past but they seem to do it less.

Plus 5x margin on crypto is entertaining

 

[legcramp]

Appreciate the tips guys, been dipping my toes in coinbase pro lately and I love that I can trade crypto 24/7 and not worry about market hours etc etc. Coinbase doesn't have some coins I want to trade so will definitely look into Kraken.

 

[Parja]

don't trade on coinbase period. they are not customer friendly. Kraken has much lower fees at all tiers. Kraken is not as pretty as far as the interface goes, but that is the only negative.

But you also have to factor in the fast, no-fee transfers from Nicehash -> Coinbase -> Coinbase Pro

 

[Zedicus]

But you also have to factor in the fast, no-fee transfers from Nicehash -> Coinbase -> Coinbase Pro

not if you are not a nicehash user. i never found benefit in using that model. i am sure there is some benefit, as lots of people use it. For me mining and then dropping it to something, then i can use a bitpay card or my kraken account, was the easiest lowest fee model.

 

[tunatime]

What's worng with coinbase pro? The little bit of fees aren't much when coins are going to +40%

 

[noko]

I use Coinbase to cash out to Bank Account or if I buy something with BTC. Mining rewards, which lately are astronomically and ridiculously high. I look at it, why buy Crypto when you can mine it quarters on the dollar.

 

[mesasone]

If you're spending USD, I like coin base/pro for the free and instant ACH transfers. Fees on Coinbase pro are reasonable, but you can definitely get better elsewhere. Coinbase also has a reputation for poor customer service and people getting locked out of their accounts, though I suspect many of these users leave out key details to try to generate sympathy.