HomeRedditWhy do so few exchanges trade against other pairs than BTC when almost everyone is using another coin, usually LTC, to move between exchanges? Why do so few exchanges trade against other pairs than BTC when almost everyone is using another coin, usually LTC, to move between exchanges? admin | January 5, 2018 | Why do so few exchanges trade against other pairs than BTC when almost everyone is using another coin, usually LTC, to move between exchanges? View Reddit by unitedstatian – View Source Tweet Related Posts I wrote an article about open data on the blockchain, check it out! December 18, 2018 | More China is the leading country for blockchain patents with Alibaba and PBOC on top February 13, 2018 | More Blockchain and Crypto Events -Token Fest Boston – Crypto News September 21, 2018 | More Take a note 12th march. March 11, 2018 | More 10 Comments STFTrophycase January 5, 2018 Usually LTC? I almost always use ETH. Maybe XRP or STR if exchanges take it. BEAST_CHEWER January 5, 2018 What’s funny is how most of the people in this sub will downvote you to hell if you say BTC’s transfer capabilities will hinder its future, then themselves use LTC or ETH to transfer their own funds between exchanges, because transferring wtih them is actually practical. edbwtf January 5, 2018 Exchanges are busy keeping their servers running, answering support tickets and verifying new users. They don’t need to work on new features. Look at Kraken: even an exchange that fails more often than it works is staying in business. icedbeverage January 5, 2018 Don’t worry, BTC will lose its dominance in 2018. Much better coins out there now tnap4 January 5, 2018 Coinbase will be listing new coins in 2018. Coincheck already does a lot. And as with Gemini, they are early BTC adopters so there might be some preference for that. wateNoJlii January 5, 2018 Why would I make a transfer between exchanges with the same coin that I like to trade with? When looking to transfer money I’d be looking to use something stable, fast and with the least fees. When trading I want something that will move in price and has liquidity. RageTester January 5, 2018 Just use exchange that offers what you want, look at OpenLedger.io Middle0fNowhere January 5, 2018 What a nonsense is this. Who is using BTC to move coins between exchanges? Exchanges use batch transactions, so withdrawing coins is not that expensive. The fees for transfer are typically 0.0005 BTC. It is much cheaper to pay BTC fee than double commission to and from LTC, unless one is moving 20 USD or something similar. I understand that high fees are a problem, but not for traders. Traders who trade with pennies are not significant. Nunoyabiznes January 5, 2018 Everybody first has BTC, BTC has largest value and cap, Higher liquidity. Fairly simple to understand the current pairings but the future will change that. PeaceHere January 5, 2018 I never send from one exchange to another. That is dangerous if the transfer never arrives. It’s better to send to your own address first.