Best trading platform? - page 7. | Bitcointalksearch.org

KnightElite

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Quote from: BitHodler on February 05, 2020, 06:23:05 AM

Quote from: JessicaVL on February 05, 2020, 02:39:27 AM

The thing that draws me to this particular platform is its copy trade feature. It helps me with developing new strategies and improving my decision-making process.

Is there a certain volume threshold you need to reach in order to unlock the 'copy trade' feature or is it available to anyone with an account? I'm curious because I might look into it myself in order to improve my own trading.

It seems too good to be true to just copy the trades of those who make big money for free.

Question to you: how much did it help you to improve your decision making process? And how much more profit did you make?

The copy trade is already available at eToro, I have an account there and I now getting passive income because I just copying the trade of the professional traders. eToro is not only offering cryptocurrency trading, you can also trade commodities and even stocks. Copy trade have a risks after all but based on a statistics, 70% of people who do copy trading are earning money.

ulrich_zh

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For me, the best platform right now is ftx. There are a lot of instruments to trade with. It is possible to trade both on spot and on futures with a leverage. There's also low commissions and recently introduced a TRUMP token Grin

I've now completely moved frombitmex to ftx

canamani

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I think Coinbase and Binance are the best one, but i wish to have also some decentralized exchanges and to be used by a lot of people.

TheGreatPython

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Quote from: leowonderful on February 06, 2020, 06:21:50 PM

There's also other things to consider when picking an exchange, such as whether you're looking to trade unleveraged or with leverage with derivatives on sites like Bitmex, Deribit or ByBit.

Maybe because I am not a frequent trader but I never heard any of these exchanges at all. I mean they might provide all the benefits you mentioned but are they safe enough? Apologies again if they are reputed exchanges but I never heard about them.

Quote from: onrise on February 06, 2020, 12:53:14 PM

their is no KYC for limited trade people . Withdrawal is Upto 2 btc which is decent for small traders . Also safety wise considered to be a good exchange so far.

Agreed for the most part but I believe if anyone is serious about exchanges and trading they must verify their account because we have seen in case any sort of security breach occurs then its much easier to file your claim for your crypto if you are verified while if you are unverified and any casualty happen they will be at a higher risk than those who are verified.

Negotiation

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Quote from: Wysi on October 07, 2019, 04:10:09 AM

I need your assistance to understand which is the best trading platform apart from binance as I have mixed experience when it comes to trading as my experience with binance was smooth and really productive but I had terrible experience with other trading platforms like coinbene and all as it's ruined by the bot trading. Kindly suggest the best trading site apart from binance along with your experience

The best trading platform is Binance There are many utilities in investing. But if you are talking about trading without Binance then you can trade on Kucoin or Bittrex. Also referred to as hedging strategy in forex trading here you can see different places to reduce risk and avoid scams.

michellee

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Quote from: bobitza on February 05, 2020, 11:00:55 AM

There are many good bitcoin exchanges in the world. But as far as I know, the Binance exchange is chosen by many investors because of many utilities. Especially, this trading floor can be multinational, not limited by any country. Types of accounts we all use.

Binance will be the best choice for new people to start crypto trading because in Binance, they don't have to complete KYC, and they can start with little money. It is good for them to learn from the lesson, practice the trading, and learn about how to take care of the risk. Maybe they need to learn about choosing the coin to analyze so they can get the potential coins to buy and sell. It is better to complete KYC so they can increase the limit of withdrawing because, for free members, they can only withdraw up to 2 bitcoin.

fullhdpixel

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Quote from: onrise on February 06, 2020, 12:53:14 PM

Quote from: bobitza on February 05, 2020, 11:00:55 AM

There are many good bitcoin exchanges in the world. But as far as I know, the Binance exchange is chosen by many investors because of many utilities. Especially, this trading floor can be multinational, not limited by any country. Types of accounts we all use.

In would also chose binance over others considering it’s easy to use interface and less trading fees as far as I know . Also if their BNB currency is used to trade you get more discount on trading fee . Also their is no KYC for limited trade people . Withdrawal is Upto 2 btc which is decent for small traders . Also safety wise considered to be a good exchange so far.

I agree with you that Binance looks solid and gained a good name and fame in a limited period of time but that said you do have to keep in mind how some of the giants exchanges like btc-e and others were shut down for whatever the reason may be. I personally prefer poloniex as they allow high limits and the fees for trading also has been quite low, but then I am not a big trader as I just buy some new crpyto in market and try to sell as they reach their peak value.

A suggestion for anyone reading this: Never you should keep your bitcoins in the exchange for long, I mean trade make profit/loss and just withdraw. Your money is yours only when you have it in your own wallet.

coinfinger

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Quote from: bobitza on February 05, 2020, 11:00:55 AM

There are many good bitcoin exchanges in the world. But as far as I know, the Binance exchange is chosen by many investors because of many utilities. Especially, this trading floor can be multinational, not limited by any country. Types of accounts we all use.

On top of that Binance has proven to be one of the safest exchanges as well, I remember they were hacked sometime ago and none of the members were affected, that gives us traders a satisfaction that no matter what happens within the exchange, our funds are not going to be compromised and they actually fixed all the holes quite quickly too.

Quote from: adzino on February 05, 2020, 05:42:11 PM

How would you feel if you can't have access to your coins when you need it most just because the exchange is down?

Well, if you want your cryptos to be liquid and easily accessible then you better choose a web wallet like blockchain, but as far as trading goes you have to trust a certain exchange and trade there. I agree though that exchanges must NEVER be used as wallets to store crypto.

Assface16678

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Quote from: MWesterweele on February 06, 2020, 01:28:33 PM

Quote from: GreenStox on October 24, 2019, 09:37:11 AM

I think it is only the platform for binance exchange which in my opinion can be said to be the best exchange platform because in this exchange place is able to have a very high trading volume and has a very fast price movement so the profits are also very fast and many people use this platform to looking for profit.

Yes agree, binance will always be the best platform or exchang among others, their security is very good, it can't be easily hack by others but if happens they can easily fix it, they have also a unique way of choosing the coins that they are wanted or they want to be listed in their exchange all in all binance is good.

Quote from: onrise on February 06, 2020, 12:53:14 PM

In would also chose binance over others considering it’s easy to use interface and less trading fees as far as I know . Also if their BNB currency is used to trade you get more discount on trading fee . Also their is no KYC for limited trade people . Withdrawal is Upto 2 btc which is decent for small traders . Also safety wise considered to be a good exchange so far.

Exactly! Binance withdrawal limit is 2btc! I don't remember if it is for entire time or it is just only for a day. But having that big withdrawal limit without KYC is good, and many people wants that because they do not want to pass KYC.

Today we need to have a good and trusted website or platform that supports the use of crypto trading for now we have a lot of popular websites and at the same time they have a application to make more easier to use. One of these good trading plantform nowadays is the binance and the coinbase because they have a lot of good features like updating their users about the transactions they made or having a pending transaction and also they notify their users about the market price happening right now.

CryptoVzla

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my second exchange for trading besides binance is bittrex, because bittrex have very much altcoin that you can take short term profit, well im using trading bot for bittrex trading that allow me to earn about 4-5% from my capital per day, and my p2p exchange to trading bitcoin & ethereum with fiat, im using Remitano because its easy to spend your money in account by buying at low and sell it when you reach your target prices.

but if you looking good volume exchange to trade, i would like to suggest you to use coingecko because they give right information about the daily exchange volume, unlike coinmarketcaps that display wash for fake volume for several new exchange that just listed on there

leowonderful

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There's also other things to consider when picking an exchange, such as whether you're looking to trade unleveraged or with leverage with derivatives on sites like Bitmex, Deribit or ByBit. I've already addressed the former topic in a previous post in this thread, but if you're looking to trade on leverage, the three sites I just listed work very well and don't require verification, though I do suggest that you start out trading with a small amount of funds when trading with leverage to learn how it works and how to use the exchange you pick.

MWesterweele

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Quote from: GreenStox on October 24, 2019, 09:37:11 AM

I think it is only the platform for binance exchange which in my opinion can be said to be the best exchange platform because in this exchange place is able to have a very high trading volume and has a very fast price movement so the profits are also very fast and many people use this platform to looking for profit.

Yes agree, binance will always be the best platform or exchang among others, their security is very good, it can't be easily hack by others but if happens they can easily fix it, they have also a unique way of choosing the coins that they are wanted or they want to be listed in their exchange all in all binance is good.

Quote from: onrise on February 06, 2020, 12:53:14 PM

In would also chose binance over others considering it’s easy to use interface and less trading fees as far as I know . Also if their BNB currency is used to trade you get more discount on trading fee . Also their is no KYC for limited trade people . Withdrawal is Upto 2 btc which is decent for small traders . Also safety wise considered to be a good exchange so far.

Exactly! Binance withdrawal limit is 2btc! I don't remember if it is for entire time or it is just only for a day. But having that big withdrawal limit without KYC is good, and many people wants that because they do not want to pass KYC.

onrise

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Quote from: bobitza on February 05, 2020, 11:00:55 AM

There are many good bitcoin exchanges in the world. But as far as I know, the Binance exchange is chosen by many investors because of many utilities. Especially, this trading floor can be multinational, not limited by any country. Types of accounts we all use.

In would also chose binance over others considering it’s easy to use interface and less trading fees as far as I know . Also if their BNB currency is used to trade you get more discount on trading fee . Also their is no KYC for limited trade people . Withdrawal is Upto 2 btc which is decent for small traders . Also safety wise considered to be a good exchange so far.

XBTFX

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for margin trading, we see Metatrader 5 growing on many crypto traders that combine fx and crypto trading and want a more sugar-coated trade experience. In MT5 you can access the same trade account via mobile desktop and web, while the desktop includes a programing platform and can run robots hosted on vps servers. Another benefit with mt5 is trading accounts are separate from the broker website allowing you to have multiple trade accounts in different crypto balances etc. There are benefits to using direct exchanges vs MT5 but crypto exchanges platforms are, very much, too tied into the website which seems great until something goes wrong like major traffic or server error. It always happens at some point .

millionaireshs

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Quote from: Wysi on October 07, 2019, 04:10:09 AM

I need your assistance to understand which is the best trading platform apart from binance as I have mixed experience when it comes to trading as my experience with binance was smooth and really productive but I had terrible experience with other trading platforms like coinbene and all as it's ruined by the bot trading. Kindly suggest the best trading site apart from binance along with your experience

First of all there is no such thing as a safe cryptocurrency exchange there are still risk that might happen. Actually even this reputable and excellent exchange binance has been face an embarrasing hack before, loosing about 7,000 bitcoin. However, they cover up all the losses because of their fund. Good thing here is that the owner of binance transparently announced what really happened and solve the problem with their team. This kind of character makes them still the number one exchange in terms of alts and its liquidity.

chip1994

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Quote from: Wysi on October 07, 2019, 04:10:09 AM

I need your assistance to understand which is the best trading platform apart from binance as I have mixed experience when it comes to trading as my experience with binance was smooth and really productive but I had terrible experience with other trading platforms like coinbene and all as it's ruined by the bot trading. Kindly suggest the best trading site apart from binance along with your experience

I used to trade at Binance and Huobi global and Bitfinex. In general, Huobi global is now the best exchange platform. They are having many promotional events about transaction fees. In Binance, the rate is still 0.175% but for Huobi, there is only 0.007% if you hold Houbi token. For Huobi, they also list only good coins and have full trading functions. even support for margin trading, OTC and huge trading volumes. One more thing is that their fund has never been stolen by hackers and I feel quite safe having money there.

LUCKMCFLY

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Quote from: Wysi on October 07, 2019, 04:10:09 AM

~snip~

Well, in my personal experience I am doing great with Bitfinex, and if I want to have adrenaline to the fullest with Bitmex I do well, these I recommend because they allow you to place the Take Profit with Stop Loss in an operation, which is what always It must be searched. There are many comments and lawsuits against Bitfinex, but it still seems to me that it is a very serious Exchange in terms of commerce and its services, in fact I know friends who use Bitfinex as a personal account.

adzino

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Lots of people suggesting different exchanges, but keep in mind, none of these exchanges are safe to use. Never store your coins on these exchange for long term. An exchange might get hacked anytime and you might lose your funds. No matter how much they boast that they are extremely secure, they are always at a risk. Also, you might loose access to your funds without any notice. How would you feel if you can't have access to your coins when you need it most just because the exchange is down?

Mahanton

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Quote from: davinchi on February 05, 2020, 01:56:19 PM

Quote from: bobitza on February 05, 2020, 11:00:55 AM

There are many good bitcoin exchanges in the world. But as far as I know, the Binance exchange is chosen by many investors because of many utilities. Especially, this trading floor can be multinational, not limited by any country. Types of accounts we all use.

It seems you people are doing same mistake again and again. Not just because of many people are using one exchange it will not become the best one. You're sounding like because many people are using binance, it is the best exchange. This could not be the right way of finding the best in the market (I am saying in general not with respect to crypto exchanges).

I agree that binance is multinational and they could handle your fiat up to your local bank accounts. Also, I read binance is good in terms of security measurements even for a newbie traders. Still, I am sticking with bittrex as they are good in terms of all my needs, I yet to think about trying a new exchange for my crypto needs.

It will really just vary on persons needs and same as yours im also a user of Bittrex even though most people do require nor suggest about Binance.

There are various of choices though and it will really depend on users preference which a certain exchange do give out the best experience and needs into its user.

Its a matter of choice but be careful on dealing with new ones.

davinchi

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Quote from: bobitza on February 05, 2020, 11:00:55 AM

There are many good bitcoin exchanges in the world. But as far as I know, the Binance exchange is chosen by many investors because of many utilities. Especially, this trading floor can be multinational, not limited by any country. Types of accounts we all use.

It seems you people are doing same mistake again and again. Not just because of many people are using one exchange it will not become the best one. You're sounding like because many people are using binance, it is the best exchange. This could not be the right way of finding the best in the market (I am saying in general not with respect to crypto exchanges).

I agree that binance is multinational and they could handle your fiat up to your local bank accounts. Also, I read binance is good in terms of security measurements even for a newbie traders. Still, I am sticking with bittrex as they are good in terms of all my needs, I yet to think about trying a new exchange for my crypto needs.

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