bitbank.cc has high liquidity, and altcoins can be bought at much cheaper prices!
As awareness of altcoins has grown, more cryptocurrency companies are offering them.
Even just looking at January 2018,
QUOINEX starts XRP trading
DMM Bitcoin service launched (including XEM, XRP, LTC)
Bitflyer begins LISK trading
This has made it easy to buy altcoins that previously could only be purchased on Coincheck or Zaif.
Many may think that big players are safe,
but the desire to buy cheaply is also a part of human psychology.
Today we'll share tips for buying XRP cheaply!
There are many exchanges where you can buy XRP, but
In reality, GMO Coin, DMM Coin, and Bitflyer originally have fairly high purchase prices.
We compared two relatively cheap options: QUOINEX and bitbank.cc!
In terms of 1 XRP, QUOINEX is cheaper,
by about 2 yen...
For 100 units or 1000 units, bitbank.cc is cheaper by nearly 10%!
This is because bitbank.cc has more market participants and higher trading volumes for the cryptocurrencies traded.
QUOINEX has a narrow spread and is cheap for small purchases, but
when buying 100 or 1000 units, it also catches higher-priced sell orders on the order book, pushing up the overall price.
【Selling price also differs!】
Regarding selling prices as well, the difference becomes about 10,000 yen when dealing in around 10,000 units.
The difference is smaller than the purchase price, but…
However, up to around 100 or 1000 units, QUOINEX's selling price becomes higher, creating a reversal phenomenon, so
changing the exchange depending on the quantity you want to trade can be an effective strategy, wouldn't you say!?
Conclusion
>> If buying XRP in 100 units or more, use bitbank.cc
For small sales, QUOINEX is recommended!
For large sales, bitbank.cc is recommended
With bitbank.cc
Supports cold storage and multi-signature!
A recommended exchange for cheap large-volume trading.
