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Topic: Best Trading Platforms, and wallets for starters? (Read 121 times)

legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
December 28, 2017, 02:29:59 PM
#6
Hey guys, newbie here

I'd like your opinions on what trading platforms you use, why you use them, and how do they compare to other trading platforms.

From my current understanding, a lot of people are using Poloniex and Bitrex, but I currently cannot create a Bitrex account.

Just a little piece of advice for a newbie trader, and your help would greatly appreciated.

 Smiley

Comparison of those platforms will be based on your research as we have different perspectives on where trading platform we are going to deal with trades.

The first thing you need to understand when you are first time on a trading platform is how to used that site. Yes you need to take some time familiarizing yourself in their interface including, how to get into this page (either account details, withdrawals and deposits history, balances, how to deposits, how to withdraw, going into coin market to placed trades etc.).

As far as my own knowledge is concern, there is a restriction or should I say new policies involving new accounts at both Bittrex and Poloniex so I can't advised it to newbies who still don't understand how trading platforms behaves because maybe there will be a problem involving withdrawals in the future for newly registered accounts as user verifications is mandatory at some of the cases at that mentioned trading sites.

Maybe you can try Crytopia, HitBTC, Coinexchange or Etherdelta (the simpliest). Just remember, like I said above, it's up to your own experienced who will you tagged as the best trading platform. Take note also that your preferred altcoin to trade might not be present on your preferred trading site.
full member
Activity: 238
Merit: 101
Decentralize The $15-Trillion Global Trade Industr
Binance is definitely the best exchange to trade on right now and this is coming from a huge Bittrex fanboy so if I can admit it it is more likely to be true than not. I also like cryptopia quite a bit but I am biased because they have a few of my favorite alts there.
hero member
Activity: 980
Merit: 507
Best exchange at the moment is binance if you're looking for an exchange which won't block your account, and also give you a huge collection of altcoins to trade with. Bittrex, poloniex have been facing quite a lot of issues,so do not use it, for your own good. And when it comes to choosing a good wallet, a hardware wallet is the best in the making. You can opt trezor or ledger nano S as one of your hardware wallet.
hero member
Activity: 1008
Merit: 537
Hey guys, newbie here

I'd like your opinions on what trading platforms you use, why you use them, and how do they compare to other trading platforms.

From my current understanding, a lot of people are using Poloniex and Bitrex, but I currently cannot create a Bitrex account.

Just a little piece of advice for a newbie trader, and your help would greatly appreciated.

 Smiley

You may find quick videos which can explained about the bitcoin and altcoin trading in bitrex. This is most of the people liking exchange where you can find the more number of newly added coins in the market. Electrum and multibit wallets are best to have the bitcoins saved very safely.
To save the altcoins you can use the myetherwallet or jaxx wallet. These both wallets are widely used to save the tokens easily.
full member
Activity: 518
Merit: 100
The bext exchange at the moment is just cryptopia, they are not asking for verifications and they are faster than other exchanges, and cheap of course. Bittrex is crap, do not use it.

Printa paper wallet and use it forever, do not share your private key and you will be safe.
newbie
Activity: 12
Merit: 0
Hey guys, newbie here

I'd like your opinions on what trading platforms you use, why you use them, and how do they compare to other trading platforms.

From my current understanding, a lot of people are using Poloniex and Bitrex, but I currently cannot create a Bitrex account.

Just a little piece of advice for a newbie trader, and your help would greatly appreciated.

 Smiley
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