Subaccounts or Multiple Exchange Accounts: What's Better?

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shard_2013Full Member
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#1Dec 27, 2018, 07:40 PM
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.
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#2Dec 27, 2018, 08:58 PM
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.
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ape2013Senior Member
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#3Dec 27, 2018, 10:10 PM
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.
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#4Dec 30, 2018, 03:59 AM
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.
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#5Dec 30, 2018, 07:18 AM
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?
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#6Jan 1, 2019, 12:18 PM
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.
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whale420Senior Member
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#7Jan 1, 2019, 05:32 PM
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.
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tom51Full Member
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#8Jan 2, 2019, 11:55 AM
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.
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greg420Full Member
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#9Jan 3, 2019, 07:33 PM
What even is a subaccount? Just heard about it. I don’t think I want to spread myself too thin across exchanges though, seems chaotic.
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maxoracleMember
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#10Jan 4, 2019, 01:32 AM
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.
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MadProtoMember
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#11Jan 5, 2019, 09:30 AM
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.
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0x4lphaFull Member
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#12Jan 5, 2019, 02:28 PM
Some people spread coins across exchanges to avoid risks, but I personally just want to find the right one and stick to it.
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0xGasMember
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#13Jan 5, 2019, 03:54 PM
I’ve got a couple verified accounts but never felt the need to set up subaccounts. If you're careful, one solid account should do the job.
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0xMinerNewbie
Posts: 153 · Reputation: 5
#14Jan 5, 2019, 09:00 PM
Yep, subaccounts don't really make much sense for small portfolios. They are only for serious traders who have multiple strategies to monitor.
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0xDiamondMember
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#15Jan 6, 2019, 02:55 AM
I’ve got like two exchanges I use mainly for low fees. I keep my larger amounts in wallets instead of exchanges, way safer.
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shard777Full Member
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#16Jan 6, 2019, 07:07 AM
Subaccounts don’t change anything for me if they’re ultimately tied to the same main account. If an exchange gets hacked, all accounts go down.
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samlaserFull Member
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#17Jan 6, 2019, 10:46 AM
Honestly, I just prefer multiple exchange accounts. Of course, you risk KYC on all of them, but it feels safer.
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0xHodlerMember
Posts: 285 · Reputation: 42
#18Jan 6, 2019, 04:15 PM
I had a friend who juggles subaccounts for different trading styles. Day trading here, swing trading there. Works for him but seems like a hassle.
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CalmMinerFull Member
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#19Jan 6, 2019, 07:47 PM
I don't see the benefit of subaccounts when a single account handles all I need. Just too risky for funds to be stuck there.
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0xLaserFull Member
Posts: 252 · Reputation: 641
#20Jan 8, 2019, 05:35 AM
I have subaccounts available, but I never register them. Better to diversify across different exchanges, minimizes impact if one goes down.
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