"I laughed! The novice withdrew 1000U, and the handling fee was 999U! It was only 1U. Taking advantage of the JPEX incident, Lao K talked about the things between novices and the exchange, and a guide to avoid pitfalls (1)!" Let me talk about the conclusion first: "In addition to the super high Except for frequent quantitative traders, ordinary traders give priority to currency an for spot trading, and secondly consider 👌 exchanges. For contracts, only currency an is considered." ———— Old K

When you choose to enter the market, you must be wary of exchanges and be careful when choosing an exchange. Whether you consider these has nothing to do with how much capital you have. Small funds also need to consider guarding against exchanges? The final outcome of choosing an exchange at will will not make you feel too good! Except for ultra-high-frequency quantitative traders, what ordinary traders should care about most should not be the exchange’s single transaction fee, but the exchange’s token price volatility, token hourly trading volume, and withdrawal rates. Security and stability.

Continued:

[In the currency circle, there are strategies such as ambushing copycat flows, doing T-flows, and all kinds of messy strategies. Which of them does not have a return rate of more than 2.5% per transaction? The total transaction fees for both transactions are less than a fraction of the yield (0.5%). If you really want to be able to continue to make profits, what's the point of worrying about exchange fees? The hourly trading volume of a token largely shows the chip turnover rate on the exchange. Ordinary traders trade spot or contracts. It is the same kind of token. Different exchanges show completely different trading enthusiasm. Ordinary traders make contracts. The systems and patterns behind different exchanges determine whether you are shortlisted. It has nothing to do with the technical analysis of your K-line. In the currency circle that is open 24 hours a day, you don’t need to look at the K-line below the weekly line. , the gods are unpredictable. If you can understand this sentence, please close my article. This article is of no use to you. 】

(The article is a bit long, so I have no choice but to split it into two paragraphs. The next paragraph is on the homepage.)

Follow Lao K, a Bingtang Orange player who has been in the industry for 17 years and has the same name on Weibo. Continuously update valuable experience, lead novices through bulls and bears, and realize asset transitions.

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