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Topic: Are trading platforms a good way to start trading? Which ones are the best? - page 2. (Read 339 times)

member
Activity: 742
Merit: 19
It depends on what coins you are going to trade. I have no idea about you mentioned exchanges. But I have found you a source to check more cryptocurrency exchanges. Here is the link.

https://www.coingecko.com/en/exchanges

You have to choose a good exchange with decent volume to trade. Because we can analyze about active traders from volume.
hero member
Activity: 2702
Merit: 672
I don't request loans~
You already looked up in google and yet you still didn't found the bigshots of trading sites? Why would you even go somewhere unknown, just go to the bigshots like Binance, CoinBase, and many others. You've already done googling, I suppose you can find the reputable and trustable ones yourself. There are also a lot of famous exchanges out there where you can guarantee their quality of service so I suppose you wouldn't have problems possibly finding the best one that suits your tastes.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
Hey traders. Did a few google search sessions and found Coingy and TradeDash.
Are these platforms safe to use?
Thank you for help

The fact that you aren't sure enough how trustworthy those platforms you have mentioned, then disregard them, even just for now, and consider using those big and reputable* trading platforms today e.g Binance.

The purpose is to start doing trades so no need to test waters on those other platforms. You will be there soon. Not promoting Binance but no doubt, it's a good place for newbies - NO KYC*, better selection of coins, volume, etc. and we like to minimize the risks for them dealing on other platforms.
legendary
Activity: 2506
Merit: 1394
Different exchange platforms has different disadvantages and advantages. Since you are trying to figure out they are safe;
Much better to check it especially if you have already have an account on their platform, check the trading volume, trade histories, order book, and also their customer supports then you can ask some information on them.
I already heard Coingy, there are some people from our country using Coingy before.
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
Doesn't seem like there's a lot of information or discussion about Coinigy around these parts, and the official thread for Coinigy on this forum only has about a page and a half of posts with the last ones mainly in 2015. The last activity from the Coinigy account also dates back to 2018. Not saying the site's not legit at all, but the lack of discussion about the service recently is a bit odd and I'd hold off trying it out 'till more user feedback comes out about the platform.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
Coinigy seems not an exchange platform but a manager of portfolio. Why do you need? as per their website, you can try it for free but I agree to this.

But you probably don't even need both of them.

You can sign up directly to the exchanges like Binance and start trading there and manage it on your own, taking some experience with an amount you afford to lose.
legendary
Activity: 1638
Merit: 1329
Stultorum infinitus est numerus
I have no idea about what Coingy is but I know that TradeDash is owned by Bittrex, a somewhat reputable exchange in the cryptocurrency community so we can assume it is safe. But you probably don't even need both of them. If you are looking to hop into the cryptocurrency market, you can just go ahead and register to a reputable exchange and use it if you are in the U.S. I would suggest just head to Coinbase, you can even purchase Bitcoin directly, or just register at Bittrex anyway, there is also Binance, although I refrain from using it lately. No need for apps like this. If there is a coin/token that catches your eye, just check CoinMarketCap to see which exchange they're listed on. Most of the time, you won't have a problem with an exchange if they are listed on CoinMarketCap. Nevertheless, in the end, your conscience is your best friend.
jr. member
Activity: 80
Merit: 1
Hey traders. Did a few google search sessions and found Coingy and TradeDash.
Are these platforms safe to use?
Thank you for help
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