Crypto daytrading

[Fingerlessliz]

Does anyone know of a good crypto exchange for day trading? Some friends suggested Binance but apparently you can't withdraw your money directly from their exchange.

 

[saor]

If you wanna trade alts then use Binance or some other international exchange that supports all the things you wanna trade - local (luno & VALR) is only really good for BTC and ETH. Yes - you can't withdraw local fiat from international exchanges but so what? Just keep your profits in BTC and send here to cash out to ZAR.

Else keep your profits on those exchanges as USD / USDT and at month end convert to XRP or some other crypto supported by Luno & VALR and send here and cash out to ZAR.

 

[Fingerlessliz]

If you wanna trade alts then use Binance or some other international exchange that supports all the things you wanna trade - local (luno & VALR) is only really good for BTC and ETH. Yes - you can't withdraw local fiat from international exchanges but so what? Just keep your profits in BTC and send here to cash out to ZAR.

Else keep your profits on those exchanges as USD / USDT and at month end convert to XRP or some other crypto supported by Luno & VALR and send here and cash out to ZAR.

Would converting to XRP and then sending to Luno be cheaper than just sending BTC to Luno?

 

[saor]

Would converting to XRP and then sending to Luno be cheaper than just sending BTC to Luno?

What's your trading currency going to be - BTC, USDT? So for example I use BTC/ALTCOIN trading pairs so all my profits are realized as BTC which I then send back (as BTC) to VALR for ZAR cashout. But if you're trading USDT/ALTCOIN pairs on an international exchange it might be easier to convert the USDT profits to XRP to send back to Luno so you save on the BTC transaction fees. Else just BTC if you don't mind the transaction fees.