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7 Tried & Tested Crypto Day Trading Strategies To Follow In 2022

Furthermore, most traders like its charting tools since they have a lot of functionality and supplementary features. Furthermore, TradeSanta adheres carefully to industry norms in terms of security and safety. Like other crypto trading bots, it makes its trades through API rather than directly. This means that TradeSanta never interacts directly with your money; instead, it asks for your express consent, protecting your safety and privacy. Participating in Stormgain’s referral program is another option to earn money from them.

Best crypto exchange for day trading

It provides 100x leverage transactions for numerous asset classes, including cryptocurrencies. Furthermore, it is a reliable trading platform that offers a hassle-free experience to both inexperienced and experienced traders. As we all know that digital currency is one the most important factors in the success of a trading platform. Therefore, PrimeXBT boasts a number of advanced digital currencies that can be used on this platform.

You can trade from anywhere at any time just by connecting with the internet. The organization that created Libertex is also the one that created Stormgain. Libertex, which started out as a CFD platform, now focuses on equities, commodities, and cryptocurrencies as well. The greatest trading platform is because it contains all the functions needed for trading. The Bahamas-based cryptocurrency exchange FTX entered the market in 2019 with the intention of dominating the global token trading market.


Since scalpers use large amounts of liquidity to take advantage of small price changes over a short period, scalping is a trading strategy with the fastest turnaround. This article can help you resolve all doubts and ambiguities related to crypto day trading, and learn about the most effective crypto day trading strategies. Did you know crypto day trading is one of the easiest and most lucrative ways to make money from the cryptocurrency market? Despite prices on different exchange platforms being monitored to keep the prices stable, arbitrage opportunities are still available. Day trading using this mechanism enables traders to secure some swift and profitable trades. This is a tool that helps you limit your losses in case a trade goes against you.

Crypto traders can make money off of this volatility by buying a cryptocurrency at a lower end of the trading session and then selling it at a higher price to secure a profit. Day trading is a high-risk venture which is made possible only due to the high level of volatility as well as liquidity within the cryptocurrency markets. The money earned on a daily basis depends on the cryptocurrencies traded, how to choose a crypto exchange as well as the volatility and swing of the tokens traded. Most cryptocurrency exchanges offer a range of digital currencies and tokens, providing numerous options for investors that want to build a diversified portfolio of digital assets. When it comes to cryptocurrency, you’ll want to understand the principles of day trading. This requires impeccable risk management skills and nerves of steel.


Contrary to many ai crypto trading bots, using It won’t require any programming knowledge on your part. Some crypto exchanges support advanced trading features like margin accounts and futures trading, although these are less commonly available to U.S.-based users. Others have features like crypto staking or crypto loans that allow you to earn interest on your crypto holdings. The best exchanges offer educational offerings to keep you up to date on all things crypto.

  • Today’s traders and investors favor variety, security, simplicity, and prospects for growth, learning, and financial gain.
  • It’s essentially a mobile banking app geared towards peer-to-peer payments, but it also has an investment component.
  • It is opposed to charging takers a cost of 0.075%, Instead, it offers a creator fee of 0.025%.
  • Users can take advantage of the expert platform, immediate order execution, affordable costs, and helpful 24/7 assistance.

In order to protect user accounts, Binance uses a secure security measure of two-factor authentication . Additionally, it provides the best free academy available where you may learn how to trade for free. Being a regulation platform boosts everyone’s trust in most countries in the world. Last but not the least, users who meet the requirements and have at least $100,000 on FTX.US can activate crypto margin trading for US traders.

Binance Coin

Furthermore, in comparison to certain competitors, it also supports a very big number of cryptocurrencies—more than 300. Bitcoin functionality was added to eToro in 2014, enabling users to trade CFDs on the most popular digital currency in the world (to non-U.S. users). XRP , Bitcoin , and Ethereum have since been added to the list of digital assets . Since then, eToroX and its Bitcoin wallet have been introduced to the market, which now supports 120+ other cryptos.

Besides the exchange fee, Bittrex offers an identity verification service, which requires clients to provide proof of identity. Verified accounts can enjoy higher deposit limits and withdrawal limits. Enhancements to a verified account also enable users to make wire transfers and withdrawals using USD Tokens.

Some of the best platforms supporting crypto CFDs include eToro, Libertex, and AvaTrade. If so, regulated brokers support Paypal deposits and withdrawals. First, select from a buy or sell order and enter your stake in US dollars. If you want to enter the trade at a specific price – opt for a limit order. To view what crypto assets eToro supports – click on the ‘Trade Markets’ button, followed by ‘Crypto’.

ETH is listed on most exchanges, which means you can trade it anytime, anywhere. It has one of the best liquidity rates, and many traders consider ETH to be the best cryptocurrency for day trading. Before you start day trading, you have to be certain that the cryptocurrency’s development team is active. Check for updates and general activity, take a look at their interviews and comments and listen to their predictions. A dynamic development team is a guarantee that fast, accurate information is available about a given cryptocurrency. With an active development team, a trader will have fewer risks while using a day trading strategy.

There is hardly any learning curve, as Haru’s team takes care of everything for you. In reality, the act of choosing what to trade and when is incredibly complex. Remember that cryptocurrency’s volatility allows for potential rewards, but it is also a risk.

In this guide, we review the 10 best crypto exchanges for day trading in the market right now. Though it offers attractive low transaction fees and has all the essential trading tools and features you need, it has its drawbacks. So, if you’re from the United States, Bitfinex is already out of the question. It also has a relatively low trading volume compared to other crypto exchanges. Plus, it has received a significant amount of negative reviews from its users. It allows you to benefit off shifts in coin prices and offers a good chance for you to optimize your earnings.

Where Can You Day Trade Crypto?

With adjustable intervals of 10 minutes, 1 hour, 1 week, or 1 month, it makes it a versatile choice for every user. It also has a controversial history with regulatory issues, which might turn some people away. Ironically, Bitfinex is considered one of the most reliable and safest crypto exchanges for trading. Coinbase is one of the most popular and mainstream crypto exchanges out there. For example, Bittrex doesn’t have the option to do margin trading, which alone can turn away many traders. However, it’s certainly not the best crypto exchange for day-trading.

The desire for high liquidity is why so many people focus on trading the most popular cryptocurrencies. Those have high liquidity due to the simple fact that they are popular. That being said, if you want to do day trading, you will need to know how to find the best cryptocurrency for day trading. We’ll outline how to do that, how to start day trading, and a better alternative.

Not only do they provide incredibly fast speeds, but they’re also looking to disrupt the gaming industry as well. After the launch, a key factor for the growth of the asset was the start of Sky Maven new decentralized platform for the exchange of project tokens. This service allows users to buy and sell their AXS directly within the playground, without the need to list them on third-party exchanges. Cryptocurrencies can fluctuate widely in prices and are, therefore, not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework.

Top 3 cryptocurrencies to day trade this weekend – CoinJournal

Top 3 cryptocurrencies to day trade this weekend.

Posted: Fri, 14 Oct 2022 09:29:09 GMT [source]

These ten variables benchmark features and options across the crypto exchanges and brokerages we surveyed. Key metrics included the number of cryptocurrencies available to trade, the number of fiat currencies accepted, the exchange’s overall liquidity and trading fees. For every trade, you only have to pay the nominal fee of 0.4% per slide. Just like Binance, this fee will reduce as the trading volume increases. For instance, $50,000 worth of trading in 30 days will reduce the fees to 0.15% per slide.

Top 5 Best Crypto Exchanges For Day Traders

You will pay 3.99% to buy a crypto asset direct with your debit card – which is expensive. Bank transfers are significantly cheaper – often costing less than a dollar. TRX has one of the most active development teams that works daily to develop the platform. You can see a lot of positive news on different websites, which is why Tron’s popularity is growing monthly.

Best crypto exchange for day trading is a legitimate, risk-free website that is not a fraud. Furthermore, it is a user-friendly and safe tool, to send automated trading instructions to your favorite exchanges, such as Binance, Coinbase Pro, Kraken, etc.’s main aim was to provide the finest trading experience possible by utilizing best-in-class liquidity. These features include top security and risk management measures. Binance offers several wonderful features that are quick, easy, and simple. It has amassed a huge army of loyal fans because it allows them the ability to trade their coin whenever they choose.

The Top Cryptocurrencies For Crypto Day Trading

$100 worth of $FTX will get you a 3% discount and it can go up to 60% if you hold more than $5 million worth of $FTX. With close to 550 trading pairs, you will have no dearth of choices. However, current news can still tell you what cryptocurrency or crypto pairs will be trending and, therefore, will have active price movement in the near future. Additionally, you can use the news to predict whether you should open short or long positions. With that said, the easiest and most cost-effective way of doing this is to place a sell order at a crypto CFD site.

Binance Coin Bnb

Let’s be clear – if you have little to no experience of technical analysis and chart reading, you are going to find it very difficult to make consistent gains when day trading crypto. Interactive Brokers has a great reputation in the global investment and trading industry. This broker offers thousands of markets – from stocks and mutual funds to forex and IPOs. 75% of retail investor accounts lose money when trading CFDs with this provider.

In most trading platforms, the sign-up process is straightforward. After registration, you will then link your account to a bank account and then begin trading. A cryptocurrency day trader does not aim to probably hit the jackpot but only takes advantage of small price fluctuations during the day. Based on skill and sometimes luck, day traders can make large gains in a single trading day. These bots also offer general assistance, Telegram notifications, the option to work with any quantity of exchange-listed pairs, and the opportunity to use any of the offered strategies.

Conversely, if you are a market maker and provide these exchanges with liquidity, they give you a better commission rate. Poloniex also has its own decentralized exchange called Poloni Dex and its own Poloniex Launch Base as IEO launchpads. The exchange has more than 500 spot cryptocurrency pairs for your trading pleasure. This fee and the tier that goes with it are recalculated every hour to get you the best rates possible in terms of commission.

AvaTrade offers a great range of crypto CFDs – all of which come with tight spreads. If there is a particular cryptocurrency that you have in mind – the chances are that you will find it at Binance. This hugely popular cryptocurrency exchange is home to billions of dollars worth of volume each and every day. Among the trading robot’s bots, the DCA bot stands out as an option meant for traders who want to execute purchase orders in fixed periods. The bot will not use the current market price to execute its buy orders but will use it to execute its buy orders.

StormX’s native token, STMX, may also be staked to increase rewards. For NFTs on Ethereum, Immutable X claims to be the first layer-two scaling solution. It is claimed that Immutable X’s blockchain can overcome Ethereum’s shortcomings, such as limited scalability, a poor user experience and illiquidity. There is no need to compromise user or asset security to enjoy rapid trading and vast scalability with zero gas expenses while minting and trading NFTs.

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