follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here Ads bidding Bidding Open

Author Topic: Trade on the Exchange, not in a "wallet"  (Read 14629 times)

Offline zilzylian

  • Hero Member
  • *
  • Activity: 1042
  • points:
    23991
  • Karma: 32
  • SEI
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: February 03, 2024, 07:47:12 AM
    • View Profile

  • Total Badges: 21
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 1000 Posts
Re: Trade on the Exchange, not in a "wallet"
« Reply #15 on: December 07, 2020, 05:51:35 AM »
In my opinion paypal does this because of high administrative costs considering these users make buying and selling transactions on the paypal platform continuously, in fact there are no mistakes made by these users, but there are no fees for crypto holders to sell and buy crypto for make it. they incur a slight loss, because there are no fees for crypto users on the paypal account.
it's like a crypto exchange that charges 0% fees for traders. it is a little profitable for users, but the situation experienced by paypal users will be a separate lesson for paypal, that the price of crypto coins is very volatile

.FX..BOX.
 
▄████████████████████████████████████████▄
███                                    ███
███                          ▄██▄      ███
███                         ▄█████▄    ███
███   ▄▄                   ▄████████▄  ███
███  ▄███▄                █████▀██████▄███
███ ███████▄             █████▀  ▀████████
█████████████▄         ▄█████      ▀██████
███████▀▀██████▄      ▄█████         ▀████
██████    ▀██████▄   ██████            ▀██
█████       ▀██████▄██████             ▄
███▀          ▀██████████              ██▄
██▀             ▀▀█████▀               ███
█▀                 ▀██▀                ███
▀ ▄                  ▀                 ███
▄██                                    ███
▀████████████████████████████████████████▀
 
INVESTING, TRADING,
LOTTERY, MARKET
PREDICTIONS.
 
              ▄▄███
        ▄▄▄██▀████
  ▄▄▄█████▀ ▄█████
▀█████▀▀ ▄███████
       ▄█████████
       ██▀██████
       ▀    ▀▀█▀


██▀▀█▄       ▄█▀
 ▀█▄ ▀█▄   ▄█▀
   ▀█▄ ▀█▄█▀
     ▀█  █▄
    ▄█▀█▄ ▀█▄
  ▄█▀   ▀█▄ ▀█▄
▄█▀       ▀█▄▄██
 
GAMEFI  ◼  NFT  ◼  DEFI  ◼  CURRENCY TRADING
CURRENCY TRADING  ◼  DEFI  ◼  NFT  ◼  GAMEFI
               │
     │      ███
     │      ███
    │     ███
███  │     ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███     │
███ ███     │
    │
 
 
.FOREX..TRADING FROM $1.
 
.READ MORE.

Altcoins Talks - Cryptocurrency Forum

Re: Trade on the Exchange, not in a "wallet"
« Reply #15 on: December 07, 2020, 05:51:35 AM »

This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here Ads bidding Bidding Open


Offline zulfi125

  • Member
  • *
  • Activity: 121
  • points:
    5147
  • Karma: 1
  • FxBox
  • Trade Count: (0)
  • Referrals: 2
  • Last Active: January 29, 2024, 08:11:38 PM
    • View Profile

  • Total Badges: 13
    Badges: (View All)
    10 Posts First Post Third year Anniversary
Re: Trade on the Exchange, not in a "wallet"
« Reply #16 on: December 07, 2020, 09:41:10 AM »
Everyone knows before added cryptocurrency wallet in PayPal; there was a limitation for receiving funds in an account; that's why user account limited by PayPal due to an increase in funds volume and the users getting benefits from no fees by selling and buy BTC or any other altcoin, so I suggest PayPal wallet used for sending payments to banks or any other user and should not use for trading.
FXBOX   [TelegramTwitter ]    ▞   GAMEFI  ◼  NFT  ◼  DEFI  ◼  CURRENCY TRADING
███████████████████ PLAY 2 EARN FINANCIAL GAMES ███████████████████
INVESTINGTRADINGLOTTERYMARKET PREDICTIONS          ◖ READ MORE

Offline ayatoslaw

  • Legendary
  • *
  • *
  • *
  • *
  • Activity: 2060
  • points:
    27118
  • Karma: 86
  • Trade Count: (0)
  • Referrals: 12
  • Last Active: March 30, 2024, 10:52:29 AM
    • View Profile

  • Total Badges: 24
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: Trade on the Exchange, not in a "wallet"
« Reply #17 on: December 08, 2020, 01:34:13 AM »
Everyone knows before added cryptocurrency wallet in PayPal; there was a limitation for receiving funds in an account; that's why user account limited by PayPal due to an increase in funds volume and the users getting benefits from no fees by selling and buy BTC or any other altcoin, so I suggest PayPal wallet used for sending payments to banks or any other user and should not use for trading.
Yes, I agree with you too, we have to know what wallet we use so that we are not careless,
paypal area is only for users who want to store cryptocurrency as savings, or just want to exchange cryptocurrency to fiat and withdraw it to the bank, not trade and get profit.

Offline Fivestar4everMVP

  • Legendary
  • *
  • *
  • Activity: 2031
  • points:
    41119
  • Karma: 95
  • Your Bitcoin Mixer
  • Trade Count: (0)
  • Referrals: 3
  • Last Active: April 25, 2024, 07:43:20 PM
    • View Profile

  • Total Badges: 23
    Badges: (View All)
    Quick Poster Poll Starter Karma Bad
Re: Trade on the Exchange, not in a "wallet"
« Reply #18 on: December 08, 2020, 08:13:47 PM »
Well, I don't use PayPal, Infact PayPal isn't available in my country, I've always traded in-wallet using trust wallet and I've never had issues, this is why decentralization is so so important, PayPal is a centralized company running a centralized wallet, theres no way you would perform in-wallet trades with them without encountering an issue on one of the days you trade, so it's better to chose decentralized wallet if you wanna perform in-wallet trades.
             ▄▄█████████▄▄
    ▄█████▄█████████████████▄
  ▄███████████████████████████▄
 ████████████████▄▀▀███████████
▄███████████████████ ▀█████████
█████████████▀▀      ▐█████
████████████        ▄██████
▀███████████▌     ██████████▀
 █████
███████      ▀▀▀█████▀  █
  ███████████▄         ▀▀▀ ▄▄█
   ▀████████████▄▄▄   ▄▄▄███▀
     ▀▀██████████████████▀▀
         ▀▀▀████████▀▀▀
.
UniJoin.io Bitcoin Mixer
.|
▄▄██████▄▄
▄██████▀██████▄
▄███▀▀▀░░░▀▀▀███▄
▄███░░░▄███▄░░░███▄
████░░████▀▄█░░████
████░░█▄▀▄███░░████
▀████░░▀███▀░░████▀
▀████▄░░░░░▄████▀
▀█████▄▄▄█████▀
▀▀█████▀▀
NO LOGS
▄▄██████▄▄
▄█████▀▀▀█████▄
▄████▌░▄▄▄░▐████▄
▄█████░▀░░░█░█████▄
██████▌░░█▀░▐██████
███████▄░▄░▄███████
▀████▀░░░░░░░▀████▀
▀██▌░░░░░░░░░▐██▀
▀██▄▄█▄▄▄█▄▄██▀
▀▀█████▀▀
NO SIGN-UP
|████████████████████████
█████████████▀▄▀████████
████████████▀▄█████████
██████████▀▌▄██████████
██████████▌███████████
█████████▀▄███▀█████████
██████▀▄▄██████▀███████
█████▀▄█▀▄████████████
██████▀▄█▌▐████▐█████
█████▌▐█▀▌▐█████▐█████
██████████████▄██████
███████▄▄██████▄████████
████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
████████████████████████████████████████████████████████████████████
.
MIX ՈOW.
████████████████████████████████████████████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████

Offline Paglamon

  • Possible Cheater
  • Legendary
  • *
  • Activity: 1551
  • points:
    9093
  • Karma: -12
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: March 02, 2024, 07:11:37 AM
    • View Profile

  • Total Badges: 25
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: Trade on the Exchange, not in a "wallet"
« Reply #19 on: December 14, 2020, 08:19:10 PM »
I think PayPal is capable of providing maximum protection. PayPal is a useful place for joint assets. So there are a lot of users. PayPal should be used to protect more resources.

Offline pokxon

  • Hero Member
  • *
  • Activity: 853
  • points:
    6464
  • Karma: 10
  • Beyond Protocol Street Team
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: August 11, 2021, 10:47:51 AM
    • View Profile

  • Total Badges: 23
    Badges: (View All)
    10 Posts First Post Sixth year Anniversary
Re: Trade on the Exchange, not in a "wallet"
« Reply #20 on: December 14, 2020, 10:03:00 PM »
This is an example of a beautiful suppression of cryptocurrency arbitrage, I remember not so long ago when launching Binance P2P people also bought profitably there without a commission and sold at a higher price, especially when the market was too volatile! This is a normal practice)
Beyond Protocol Street Team
http://beyond.link | Coming Fall 2021
Official altcoinstalks thread

Offline ayatoslaw

  • Legendary
  • *
  • *
  • *
  • *
  • Activity: 2060
  • points:
    27118
  • Karma: 86
  • Trade Count: (0)
  • Referrals: 12
  • Last Active: March 30, 2024, 10:52:29 AM
    • View Profile

  • Total Badges: 24
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: Trade on the Exchange, not in a "wallet"
« Reply #21 on: December 18, 2020, 12:56:32 AM »
This is an example of a beautiful suppression of cryptocurrency arbitrage, I remember not so long ago when launching Binance P2P people also bought profitably there without a commission and sold at a higher price, especially when the market was too volatile! This is a normal practice)
yes, many people gather when there is a profitable place and no service fees are available, but Paypal is not the right place to do that anyway))
Paypal has given crypto enthusiasts the opportunity to be able to store FIAT and Crypto in one place, this is enough in my opinion and we must know the terms of paypal policy.

Altcoins Talks - Cryptocurrency Forum

Re: Trade on the Exchange, not in a "wallet"
« Reply #21 on: December 18, 2020, 12:56:32 AM »


Offline wxxyrqa

  • Sr. Member
  • *
  • *
  • Activity: 492
  • points:
    13039
  • Karma: 50
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: February 23, 2024, 12:19:50 PM
    • View Profile

  • Total Badges: 16
    Badges: (View All)
    Third year Anniversary Second year Anniversary 10 Posts
Re: Trade on the Exchange, not in a "wallet"
« Reply #22 on: December 18, 2020, 04:22:53 PM »
Each cryptocurrency user has his own approach to implementing his plans. In general, cryptocurrency can be bought not only using paypal, but also using a cryptocurrency exchange, as well as inside cryptocurrency wallets. If once I had to sell a small amount of coins on the exchange, then I spent more commission on transactions than I earned for the sale of this asset. In addition, the withdrawal of funds from the exchange also needs to pay commission fees. Based on this, there is a better way out inside the wallet, such as in the My ether Wallet.

Offline Duckenth

  • Sr. Member
  • *
  • Activity: 574
  • points:
    14007
  • Karma: 21
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: January 31, 2024, 04:52:28 PM
    • View Profile

  • Total Badges: 18
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: Trade on the Exchange, not in a "wallet"
« Reply #23 on: December 18, 2020, 05:19:31 PM »
I am not at all interested in trading on a wallet, because in my opinion trading on that wallet is not a challenge. Lack of enthusiasm and less adrenaline rush, if we want to trade Crypto then we have to trade on exchanges. Crypto trading in that market we compete with the crowd for profit, and that's a challenge for me.

Offline AGM

  • Sr. Member
  • *
  • Activity: 488
  • points:
    9930
  • Karma: 9
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: April 16, 2024, 05:59:15 PM
    • View Profile

  • Total Badges: 21
    Badges: (View All)
    Third year Anniversary Second year Anniversary 10 Posts
Re: Trade on the Exchange, not in a "wallet"
« Reply #24 on: December 18, 2020, 06:18:51 PM »
I am not interested to use wallet. I fell that wallet is my personal issue. It is better to use exchange wallet.

Offline ayatoslaw

  • Legendary
  • *
  • *
  • *
  • *
  • Activity: 2060
  • points:
    27118
  • Karma: 86
  • Trade Count: (0)
  • Referrals: 12
  • Last Active: March 30, 2024, 10:52:29 AM
    • View Profile

  • Total Badges: 24
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: Trade on the Exchange, not in a "wallet"
« Reply #25 on: December 19, 2020, 12:41:10 AM »
I am not at all interested in trading on a wallet, because in my opinion trading on that wallet is not a challenge. Lack of enthusiasm and less adrenaline rush, if we want to trade Crypto then we have to trade on exchanges. Crypto trading in that market we compete with the crowd for profit, and that's a challenge for me.
It is only natural that you are not interested, because after all the Wallet is only a place to store your assets, not trade them.
But it's not bad if the wallet has a place to trade, like Trust Wallet, you can easily trade on the wallet, although it is a bit limited.

Offline svetlana

  • Legendary
  • *
  • *
  • Activity: 3195
  • points:
    9211
  • Karma: 415
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: July 10, 2023, 07:08:18 PM
    • View Profile

  • Total Badges: 28
    Badges: (View All)
    Sixth year Anniversary Fifth year Anniversary Fourth year Anniversary
Re: Trade on the Exchange, not in a "wallet"
« Reply #26 on: December 22, 2020, 09:13:34 AM »
A crypto wallet is designed to store currency and exchange it within the wallet. And this is very convenient when you need to exchange some coins for others. But it is more convenient to make money by trading on a crypto exchan.

Offline Abubakar56

  • Sr. Member
  • *
  • Activity: 316
  • points:
    11996
  • Karma: 4
  • Bitcoin Mixer| Since 2019
  • Trade Count: (0)
  • Referrals: 2
  • Last Active: January 14, 2024, 09:42:20 PM
    • View Profile

  • Total Badges: 16
    Badges: (View All)
    10 Posts First Post Third year Anniversary
Re: Trade on the Exchange, not in a "wallet"
« Reply #27 on: December 23, 2020, 10:15:43 PM »
Well, it depends on the kind of wallet you are using. A non custodial private wallet where you control the keys and phrase is one of the safest ways to trade and hold digital assets. Exchanges on the other hand are some of the most risky places to trade. Several exchanges have gone under due to hacks, you should be careful with saving your assets on the exchange.
That's true I agree with your suggestion, some exchange have been hack with lead to lost of fund!!!

Offline whyrqa

  • Sr. Member
  • *
  • *
  • Activity: 482
  • points:
    12139
  • Karma: 45
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: January 02, 2024, 08:20:57 PM
    • View Profile

  • Total Badges: 15
    Badges: (View All)
    Third year Anniversary Second year Anniversary 10 Posts
Re: Trade on the Exchange, not in a "wallet"
« Reply #28 on: December 24, 2020, 07:59:51 PM »
Well, it depends on the kind of wallet you are using. A non custodial private wallet where you control the keys and phrase is one of the safest ways to trade and hold digital assets. Exchanges on the other hand are some of the most risky places to trade. Several exchanges have gone under due to hacks, you should be careful with saving your assets on the exchange.
That's true I agree with your suggestion, some exchange have been hack with lead to lost of fund!!!
In order to be safe and calm, you need to choose those cryptocurrency exchanges that offer multi-layered protection. At the same time, such an exchange as Binance has a fund to cover losses to its clients who have suffered from hacker attacks.

Offline Pluto25

  • Possible Cheater
  • Sr. Member
  • *
  • *
  • Activity: 466
  • points:
    14670
  • Karma: 29
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: January 10, 2024, 10:55:24 PM
    • View Profile

  • Total Badges: 19
    Badges: (View All)
    10 Posts First Post Third year Anniversary
Re: Trade on the Exchange, not in a "wallet"
« Reply #29 on: December 24, 2020, 08:08:55 PM »
Actually exchange main target is to trading and keeping cryptocurrencies long term, short term staking but sometimes many wallet allow trading from wallet as example you can directly trade from trust wallet.

 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod