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Topic: Cryptocurrency trading platform - page 2. (Read 1351 times)

legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
September 02, 2021, 06:03:59 PM
#97
I do not know if you remember it, but in 2017 just when the bullish trend occurred, everything came out of Bitfinex, of course it is worth highlighting the whole problem with tether, but mostly both the bullish and "Shorts" scenarios were from Bitfinex, currently there are some Very good exchanges, among them one of the best or perhaps the best is Binance, also due to the trading volume they handle.

Some exchanges such as DEX, Biswap among others are also widely used today, but despite the fact that many exchanges, or most require KYC, operators prefer to have to go through these requirements just to guarantee the safety of their funds, which, is For this reason, Binance is still at the top.
hero member
Activity: 1134
Merit: 517
August 29, 2021, 11:22:34 PM
#96
Centralized trading platform is more secured than Decentralized .You can get huge volume on centralized market on the other hand the volume is too low on Decentralized exchanges .I always use Centralized exchange to trade .So i think you should use Centralized exchange .
I do not think so ,  Becuase in the centralized exchanges you have not control your fund because they didn’t not provide seed or key but decentralized exchanges you have access to control your funds and also you don’t necessary to Kyc.
I also like decentralized exchanges because I can be safe as long as I have a capital wallet merchants avoid kyc sites in order to trade more kyc scams. Binance is much better for trading platforms investing here is easy and without a doubt you can make a profit and save there is no fear of losing funds.
full member
Activity: 344
Merit: 107
August 29, 2021, 02:46:20 PM
#95
Centralized trading platform is more secured than Decentralized .You can get huge volume on centralized market on the other hand the volume is too low on Decentralized exchanges .I always use Centralized exchange to trade .So i think you should use Centralized exchange .
I do not think so ,  Becuase in the centralized exchanges you have not control your fund because they didn’t not provide seed or key but decentralized exchanges you have access to control your funds and also you don’t necessary to Kyc.
legendary
Activity: 2086
Merit: 1058
August 29, 2021, 01:51:44 PM
#94
Honestly, it is not about which trading platform you use these days because most of them look like each other. Binance is great, that is my cex go to place and probably a million other people as well, it is obvious and nobody disputes that, I can't say if it is the best one or not but I can say that it is definitely the most used one without a doubt.

Dex is uni and cake as well, those two are huge and everyone knows them, it is definitely one of the best as well, you can use binance in order to move money around between the three of them, and using metamask as my wallet for it as well. When you combine all of this together, you end up with basically making as much profit as possible and use only the ones that everyone else uses. I just like popularity, when one place is used by more people than any other place, that usually means a big thing for me.
hero member
Activity: 3038
Merit: 617
August 29, 2021, 09:13:02 AM
#93

One argument I've read was that as long as the platform has CEO, it wouldn't be 100% decentralize because the CEO could still be approached by authorities and coins in the exchange can be confiscated by the government. If this is the case then we really have a hard time seeing which DEX could be a real DEX and can be trusted. I'm so far confident in trading while our coins are in the wallet though,

hero member
Activity: 1260
Merit: 504
August 29, 2021, 08:49:46 AM
#92
That is unreasonable to most dealers, in light of the fact that each task needs individuals to help out the advancement of every single coin. With no real cooperation, I figure each financial backer will not form trust on a specific undertaking. The lone benefit of DEX right is they are completely decentralized yet soon it will be left behind again once there issue on speed and charge didn't sold actually like what occurred on ETH energy when they can't deal with the Crypticity volume.
full member
Activity: 1190
Merit: 100
August 28, 2021, 06:43:23 PM
#91
As a cryptocurrency trading platform, there are many exchanges in which you can choose by understanding the security and benefits. In my opinion Binance Exchange is very important as a trading platform. Below are some of the popular exchanges as trading platforms.

Binance exchange
Kucoin
Gate Io
Ftx
Bilaxy
Uniswap
legendary
Activity: 2030
Merit: 1189
August 27, 2021, 02:00:12 PM
#90
Binance as one of the trusted centralized exchange.
Despite the regulatory crack down, Binance remains one of the most popular centralized exchanges! Regular traders prefer it...


Quote
Then, Idex for me as most trusted decentralized exchange but its limited with Ethereum and altcoins which are mostly ERC20.
Another problem is the volume.
To me it feels that there's no point using decentralized exchanges which are less stress-tested, limits you on the number of coins and most importantly volume.
For particular alts, you can't dump or buy if volume isn't there which is super irritating. But we all have our own needs...
sr. member
Activity: 467
Merit: 251
https://t.me/xwshamim
August 27, 2021, 01:41:11 PM
#89
I have almost used all the exchanges there is.  But most of them i liked binance and kucoin both of them have great user interface and anyone can use it.  If they see nay videos on youtube
jr. member
Activity: 48
Merit: 1
August 27, 2021, 04:40:42 AM
#88
I think you are bothering too much. In my opinion, a centralized exchange and a decentralized exchange can be subject to different attacks. Because of this, you can lose your funds. Therefore, I just keep my coins in cold wallets and only in exceptional cases resort to cryptocurrency exchanges. A list of good cryptocurrency exchanges can be viewed here https://cryptogeek.info/en/exchanges, I hope there are real reviews on this site.
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
August 26, 2021, 03:30:26 PM
#87
Mostly i'm trading in centralized platform like Binance because they are more secured and day by day they are adding more security to it in the forms of best verification that are not easily has access to opened by anyone. So, its verification and security are tough. That's why i preferred it to you.

Verifications and securities that CEX is providing their clinets, 2fa is what i really love to iuse when using centralized exchange it's adding extra layer of support since exchange will ask for the code before allowing any log activities to your account.

Binance and other CEX have this features plus the fact that binance also have high volumes trades which is more easy to work if you are also into day trading.
Well enabling 2fa will surely have a good security feature that you can sure your account will not hack but what if the exchange itself gets a hack that will be the problem here. Binance was hacked once and I hope they learn from that mistakes and avoid compromising again from the hackers. But I believe still Binance is a good centralized exchange among others and that is perhaps the reason they are the number choice of most traders because also the season of their promise that your fund has SAFU by them. However, DEXs exchange is good but the trading volume is very low it will hard to make a profit in a short period of time.
full member
Activity: 896
Merit: 100
$CYBERCASH METAVERSE
August 26, 2021, 01:58:08 PM
#86
As crypto trading is growing day by day and it is also a source of getting more profit every day or even after some time. But there is situation that there have some loss too, many people are thinking that trading is very easy but once they entered the market they lose their most of the money in it without knowing anything.
sr. member
Activity: 1694
Merit: 299
August 26, 2021, 01:02:21 PM
#85
Cryptocurrency trading is the most popular investment method in the current market. There are many trading platforms for crypto trading. Such as Binance, Kucoin, Bittrex, Poloniex etc. Among them I trade Binance trading platform, Binance is currently one of the best centralized trading platforms for cryptocurrency trading
The Binance you said you’re making use of also has a P2P platform for those that are looking for such. On their website you’re going to see an option for you to go p2p, and this is completely decentralized, you make the decisions for yourself by choosing who you want to trade with and which payment method you want to make use of. So, Binance is already a platform that covers centralized trading and decentralized trading, if that’s the platform you prefer to make use of. Binance P2P is mainly what I make use of and I also make use of Paxful which is also a P2P trading platform.
full member
Activity: 826
Merit: 135
Tontogether | Save Smart & Win Big
August 26, 2021, 01:00:11 PM
#84
Mostly i'm trading in centralized platform like Binance because they are more secured and day by day they are adding more security to it in the forms of best verification that are not easily has access to opened by anyone. So, its verification and security are tough. That's why i preferred it to you.
sr. member
Activity: 1204
Merit: 272
1xbit.com
August 25, 2021, 11:01:25 AM
#83
Op i can understand your pain.
But glad that toy have great information regarding the exchanges.
My question is that if there are already good centralised exchanges there, then why to choose for decentralised one?
Use Binance as it’s the best and Trusted.
You can go for Idex but it’s not recommended.
Hope this helps you OP.
sr. member
Activity: 938
Merit: 251
August 25, 2021, 10:57:55 AM
#82
Binance exchange is one of the most trusted centralized Cryptocurrency exchange!  The platform has been functioning properly since it's inception!  The biggest trade in bitcoin and altcoin is happening on binance exchange daily.  Binance have also forked ethereum chain to launch it's own chain and this have given birth to pancakeswap decentralized exchange! And there is a lots of educational material about defi,  Dallas,  Dao and other decentralized services offer by the exchange!
member
Activity: 140
Merit: 12
August 25, 2021, 10:09:44 AM
#81
I think binance will be best and secure among all of them because i'm familiar with binance and i'm trading since two years and having in great profit till yet, as it's verification very tough and users didn't get entry without verification, so it is a plus point of binance i think, i'm also happy for trading in binance, so it would be a better choice as well.
hero member
Activity: 938
Merit: 503
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
August 24, 2021, 01:47:40 PM
#80
Trust wallet has Dapps which gives you access to uniswap and pancake swap. Seems to be a good setup and much secure than any centralize exchange.
full member
Activity: 630
Merit: 100
August 24, 2021, 11:48:36 AM
#79
Decentralized exchange is becoming more popular than it was before!  One of the reason for this increase in popularity is the success of uniswap on ethereum network!  Uniswap is adjudge to be a very secure and promising Dex!  There are other dexes on ethereum with passion for development and growth.  1inch, Idex are few of some of these dexes!
jr. member
Activity: 99
Merit: 2
August 24, 2021, 09:34:23 AM
#78
Wunderbit Trading is proud to announce the integration of a cryptocurrency exchange - Huobi.

https://journal.wunderbit.co/en/news/article/copy-trading-and-trading-bots-on-huobi
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