Pages:
Author

Topic: Do you trust in new crypto-trading apps? - page 3. (Read 748 times)

hero member
Activity: 1638
Merit: 756
Bobby Fischer was right
I don't have a single app related to crypto on my phone I'm currently using.
Not saying that all of them are there to grab you and squeeze coins out of your wallet, however it is more about the info they need me to provide. There is just to many and I don't like that. The moment you realise how much stuff you shearing about yourself with those companies, makes you wonder why exactly, what their goal might be? Second thing that makes me to avoid all financial applications is the fact that they can extract info from one another. This was exploited before and will be in the future. Better to be slower and a bit less informed than sorry.   
sr. member
Activity: 672
Merit: 251
I don't know about you but I trust those kind of things especially binance application. It is proven and tested by me. I mean if you can't trust me, then try to see other's opinion regarding the crypto trading apps you stated above. And also kucoin is very trusted. I tried those app and all goes smoothly.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
Can we trust some new crypto-trading apps or it's better to trade with good known Binance, Poloniex, Bittrex.. ets?

I'd still go with the old reliables of course with high quantity trades. I wouldn't want to risk my money with some new untested exchanges. Probably i'd try a few out but only with small amounts. Just to check the interface and to interact with other users there and get feedbacks.
jr. member
Activity: 532
Merit: 5
well this is crypto market, you can not trust anything %100, so you should reduce your risk with major exchanges and projects
full member
Activity: 1232
Merit: 186
Can we trust some new crypto-trading apps or it's better to trade with good known Binance, Poloniex, Bittrex.. ets?
My advice is just play safe because we are all talking abour money here which is very critical if you risk it to a not sure place. I'm not saying that there are no credible mobile trading apps in the industry but for me it is more comfortable to use the typical ones especially Binance. Actually I love mobile apps because smartphone is more portable than laptops/PCs, I use mobile btc wallet and mobile browser (for visiting this forum, CMC and cointelegraph) but to be honest I still prefer laptops for doing such things if ever I have the chance simply because it has a better web interface thus making it user friendly.

Well, if you are really eager to try mobile trading apps then try cex.io, coinbase or bitfinex. Good luck Smiley
hero member
Activity: 1666
Merit: 629
Can we trust some new crypto-trading apps or it's better to trade with good known Binance, Poloniex, Bittrex.. ets?

It is not true and ethical to consider each new or emerging project as bad. Although the market is being used for many bad purposes because of its bad conditions, it should not be forgotten the fact that there are really successful projects from time to time. Therefore, it will be more accurate to evaluate all recent trading practices on a practice-based basis rather than generalizing them. It is also important to have detailed information about the project when conducting an application-based evaluation, to conduct detailed research on the project team and to be informed about the areas of use of the project. All of these factors can be treated with confidence in projects that meet perfectly, but all of these factors, even if only one of the slightest roughness in this platform before you need to make a very careful decision.
sr. member
Activity: 686
Merit: 277
Can we trust some new crypto-trading apps or it's better to trade with good known Binance, Poloniex, Bittrex.. ets?
Well, I wouldn’t advise you against them because everyone starts from small till they become big, and without our support or input, how can they grow big, those big exchanges have already had enough users, why not give these smaller exchanges the opportunity to also make it big too, that is why we are all there for one another but, make sure that the exchange is one that has a good reputation, with good team that are well known and has success in the past, so that in the process of helping them grow their community, we don’t end up falling for scam exchanges because I know that we will have lots of them now with the intro of IEO.
newbie
Activity: 1
Merit: 0
Hello Friends,

Please let me know the best places to learn about Bitcoin Strategy.
sr. member
Activity: 2184
Merit: 470
Telegram: @jperryC
For me I don't think you should trust a new crypto-trading apps since just like what you've said it's "New" you don't know the credibility of that application or they just created the application in order to get your information (Including passwords) in order to have an access to your account/funds.

In my opinion I think you should stay to the exchange who works for a long time because their credibility has been tested and we all know that they are trusted, they also have a phone application so you can do trading whenever you are. This is all a suggestion for me there are some new crypto trading apps or the likes today that has a potential but there is also a lot of scam cryptocurrency trading apps/website so it's much better to study the website first, read reviews and other feedback and conduct it on your own before starting to transfer your funds.
sr. member
Activity: 980
Merit: 261
Can we trust some new crypto-trading apps or it's better to trade with good known Binance, Poloniex, Bittrex.. ets?

When it comes to trading with your money, it is better to be safe so since it was new you can still try it with minimal amount, it is better to be safe specially when it was new and needed to pass your KYC ( it is common in some exchange), but they should established a good image first.
legendary
Activity: 2240
Merit: 1069
The rule of thumb for me is to not trust any exchanges. Do not leave your money on them for too long or deposit too large of an amount. For new trading apps, you can't know if they are bad or not if you don't try. Just don't put all your trust on them.
legendary
Activity: 1204
Merit: 1028
Building trust will take some time, for new exchange if that's what you mean we can use it and test if the business is for real, using small amount of your assets just to see how things works around this new trading site, all of those we called successful exchange also begin in small steps and slowly gather trust from their participants and supporters.
Must be a wise advice, sometime it is good to give them the benefits of doubt by testing them with our small assets because if we all keep away for them, how are we going to know how functional and solid they are, and we should stop pushing others to this, waiting for other to do the assignment for us, why can’t we be the hero and take the lead, then we can give the rest feedback for their further investigation.

These exchanges are nothing without the users, so how will they function properly if we don’t go into their arena. I just hope that some of these exchanges will start rewarding those who stood by them from the beginning because it takes lots of courage to do so.
sr. member
Activity: 1120
Merit: 256
believe it or not it must be tried first because we don't know whether the application is good or not, it produces and whether we know it before we try it ourselves
hero member
Activity: 1190
Merit: 500
Don't trust any new apps that have come out recently. Don't even try to download them you might lose all your coin if you download such app and try their services.
I've got into trap in such a way in the past, so don't download and start using without knowing its legitimacy. I got trapped by one of the wallet service. It had an application, I used it for months. After few months of time it got closed for maintainance and it never got functioning again. I believed in it, because it ran a signature campaign in our forum for promotion of their service.
there are many apps in the playstore or appstore, they intend to do a replica of the wallet,exchange or try to retrieve personal data, e-mail and your passwords. so don't be surprised if someone after downloading the exchange or other application, and then the wallet, or another account they have is being hacked
sr. member
Activity: 840
Merit: 250
to believe and whether or not I can't decide because I haven't seen it in the application and haven't used it too, the problem. but if someone already uses the possibility if it can be profitable then I will try
newbie
Activity: 22
Merit: 0
Can we trust some new crypto-trading apps or it's better to trade with good known Binance, Poloniex, Bittrex.. ets?

It's very risky to trade even on old and popular exchanges, but I think there is no problems to try new trading platforms. But you shouldn't invest in them too much btc.
hero member
Activity: 2660
Merit: 551
Can we trust some new crypto-trading apps or it's better to trade with good known Binance, Poloniex, Bittrex.. ets?
New crypto trading app is not trustworthy bro and its very risky wherein always have potential also that will end up immediately to scam like what always happen especially if more people give a negative feedback afterwards. So much better to choose the most provably fair such what you have mentioned above.

Some of us, has experience at one time fall for this new trading apps that supposed to be the next generation, unfortunately, it didn't served its purpose resulting in money lost in our end. Be better to just stay with the most effective way of trading though, those exchanges that are trustworthy.
full member
Activity: 1064
Merit: 112
Can we trust some new crypto-trading apps or it's better to trade with good known Binance, Poloniex, Bittrex.. ets?
New crypto trading app is not trustworthy bro and its very risky wherein always have potential also that will end up immediately to scam like what always happen especially if more people give a negative feedback afterwards. So much better to choose the most provably fair such what you have mentioned above.
legendary
Activity: 1652
Merit: 1057
I really do not feel comfortable sharing all my information with the portfolio apps that require api even on "read" let alone deposit and withdraw so think what I feel about the trading apps.

I only use a handful of places because I am basically forced to use them, not like I can continue using my own wallet forever because in the end I need to cash out my coins or even trade them when I want to which means I need to use places aside from my wallet, that results with me using other stuff but I really do not use the new ones at all, I would like to use the ones that are very high on the list and just focus on my wallet plus some exchanges, nothing else. That way I can at least narrow down the possibilities of me getting hurt financially and it would be a small chance of losing everything.
full member
Activity: 1022
Merit: 106
In this matter I'm retrograde . Therefore, to save personal data, keys and passwords from hacking, for trading I use only desktop browser versions. Be careful in downloading and using APP from unknown manufacturers!
Pages:
Jump to: