I've got some subaccounts but honestly, I barely use any of them. I'm active on three exchanges, five subaccounts in total. Makes me wonder if they’re even worth having.
Same here, I only go for three verified accounts across different exchanges. Subaccounts seem unnecessary to me. I guess they could help if you're using different strategies, but they just feel complicated.
Subaccounts make sense if you're into futures trading, keeps your assets separate. But for spot trading, I think they're pretty useless. Better to just have multiple exchange accounts.
Totally with you on that. Subaccounts just feel redundant when it's the same platform with the same fees. My exchange has something like subaccounts, but it's not really the same experience.
Yeah, I get that subaccounts can help with fund separation. But honestly, I prefer having everything across multiple exchanges. Less risk if one gets hacked, you know?
That's the point. With subaccounts, you're still exposed to risks on the same exchange. If anything happens, you're rekt regardless of how many subaccounts you have.
For security reasons, subaccounts can be useful. If you're using bots, a subaccount can help protect your main capital. Some pros use them to segregate trading strategies.
I started trading with several accounts too. It's about the different features and fees each exchange has. Plus, it helps mitigate risks, especially after all the drama with FTX and others.
Yeah, different exchanges work better for some. Subaccounts are more about managing concerns within one exchange, but they don’t protect from issues like sudden shutdowns.
In my old forex days, a subaccount was useful for long trades, but for anything else? Just stick to one or two exchanges unless you're chasing promos and bonuses.