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Topic: New Exchange: Should I trade? (Read 17511 times)

newbie
Activity: 138
Merit: 0
November 29, 2019, 08:27:55 AM
I can’t reach the site, so I think that the link is broken. I found it’s a page on LinkedIn – https://www.linkedin.com/company/mavsecure. For me, the link still doesn’t work. Maybe this platform is unavailable in my location.
full member
Activity: 409
Merit: 100
August 23, 2019, 11:37:48 AM
Hello everyone, I saw a new CFD trading platform for cryptocurrency. (www.mavsecure.com) I met a guy in TG and he referred me. So, how safe is to trade in CFD platforms? Is it profitable ?

Don't just easily get attract with the new exchange, instead make a proper research first before entering to its platform.
There's nothing wrong if you check or investigate it before anything else. But of course, in the end the decision will still be yours
anyway.
jr. member
Activity: 228
Merit: 1
August 23, 2019, 08:08:09 AM
I don't think it's right for us to trade on new exchange, because we don't know whether the exchange is safe? and don't easily trust someone through a telegram, they could be scammers. so always be careful every step of the way
hero member
Activity: 2772
Merit: 645
No dream is too big and no dreamer is too small
August 22, 2019, 11:31:11 PM
Usually in new exchanges there are many offers to be able to attract traders to try out the features in their exchanges and there will be lots of bonuses. but indeed as a trader must really choose the exchage in terms of security and good volume to support trading in addition to existing bonuses and events
That's normal, but you should evaluate if you can take that bonus and sacrifice for the higher risk.

New exchange is high risk because they haven't proven themselves yet, the trading industry is big, we have a lot of exchanges here, so it's better if we only trade on exchange that we believe it's reputable and we have been using it for several years, also old exchanges have bonuses as well for new sign ups and a good exchange do that to stay in the competition.
legendary
Activity: 1876
Merit: 1003
August 22, 2019, 06:15:25 PM
If you want to trade with a reliable exchange you must look and check the latest top exchange at the coinmarketcap.
At least with these platform you can minimize you risk and lessen your doubt about using the reliable platform.
Not a bad advice and not a bad idea, but I ask you, how do we want the new exchange to grow then? Imagine that you have passion to own an exchange, and then you have tried everything possible to put all the features that would make people’s trade on it a success and then you release it, who will test it or use it or start it to make it begging to expand if we want everyone that comes for exchange to always go for top exchange.

These top exchanges are already big and honestly, they don’t need us again, it is high time that we stop creating monopoly for them on our own and then embrace some of this new exchange that is good. We just have to research and make sure that the exchange is a trust worthy one, that is all, and then we give them a try if we find them worthy.
Yes that is right. There are good exchanges out there that could be very good for you compared to the new exchanges. The old ones are pretty much reviewed and you could have an insight into how great their service is which is not something you can see in the new exchanges. Better be part of Binance which is super famous in the market and has been the top one.
Good exchanges are the well-known ones not surprisingly, new exchanges have a different view on the trading and crypto markets. IEOs are the central interest connection of the best exchanges, new exchanges can't even compete for choosing the profitable projects. They want to create a tool for trading financial markets but they also fail to the competitor as it was written on hidden rules of any market.
hero member
Activity: 2562
Merit: 586
August 21, 2019, 11:50:01 AM
If you want to trade with a reliable exchange you must look and check the latest top exchange at the coinmarketcap.
At least with these platform you can minimize you risk and lessen your doubt about using the reliable platform.
Not a bad advice and not a bad idea, but I ask you, how do we want the new exchange to grow then? Imagine that you have passion to own an exchange, and then you have tried everything possible to put all the features that would make people’s trade on it a success and then you release it, who will test it or use it or start it to make it begging to expand if we want everyone that comes for exchange to always go for top exchange.

These top exchanges are already big and honestly, they don’t need us again, it is high time that we stop creating monopoly for them on our own and then embrace some of this new exchange that is good. We just have to research and make sure that the exchange is a trust worthy one, that is all, and then we give them a try if we find them worthy.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
August 21, 2019, 09:44:29 AM
Usually in new exchanges there are many offers to be able to attract traders to try out the features in their exchanges and there will be lots of bonuses. but indeed as a trader must really choose the exchage in terms of security and good volume to support trading in addition to existing bonuses and events
member
Activity: 207
Merit: 11
August 21, 2019, 08:08:13 AM
If you want to trade with a reliable exchange you must look and check the latest top exchange at the coinmarketcap.
At least with these platform you can minimize you risk and lessen your doubt about using the reliable platform.
Exactly, if we don't want to be at risk or worry and doubt about the service we are using, choosing reliable trading platforms is an appropriate choice, and reliable platforms are always listed very high on coinmarketcap as you said, the volume and a lot of information about them is enough for us to stop worrying. With current new exchanges being discouraged because we should understand that this service is very competitive, the old exchange will try to eliminate their rivals, if we participate in an new exchange, volume will be very low and there is no chance for us to earn money
member
Activity: 258
Merit: 32
August 21, 2019, 07:56:46 AM
I like to try new exchanges, often they have good promotions cause they are new. Good offers always attract more people. Every exchange has something special to offer, fast transactions, trading without kyc, some promotion. I use several exchanges these days, idex market, crex24, vinex and I exchange some currencies in my atomic wallet, they have a nice promotion for that. Depending on the coin I`m focused I use that exchange.
I'm kinda afraid of new exchanges. Safety is main point for me.
Not only you mate, no one in their right senses will go for a new exchange without any research because many of these exchanges are scams exchanges if not proven Worthy. Personally am very skeptical about new exchange or new gambling platforms because without any good proves from them to be trustworthy they may end up scam investors or gamblers with their funds. Giving a try in new exchanges to me is suicidal.
jr. member
Activity: 118
Merit: 6
Trying to make the world better for everyone.
August 21, 2019, 07:22:01 AM
When you're looking for an exchange, you must look for liquidity first, volume and how many coins you can trade. In my opinion these things are key for a successful exchange. The design and other front-end things doesn't matter much.
sr. member
Activity: 594
Merit: 250
August 20, 2019, 10:18:14 AM
If you want to trade with a reliable exchange you must look and check the latest top exchange at the coinmarketcap.
At least with these platform you can minimize you risk and lessen your doubt about using the reliable platform.
hero member
Activity: 2464
Merit: 585
August 20, 2019, 03:07:20 AM
Hello everyone, I saw a new CFD trading platform for cryptocurrency. (www.mavsecure.com) I met a guy in TG and he referred me. So, how safe is to trade in CFD platforms? Is it profitable ?
Before you think of trading with any exchange you should be sure that the exchanges is very much reliable. There are lots of scam exchanges out there and I believe that you're aware of that. And I do see some scammers that would create an exchange and still be the ones to refer someone to that their exchanges, pretending not to the owners but a random trader that has been making use of the site. That's how you will see some of them post about their site on this forum, and they will create lots of newbies account and be commenting under the post to convince other people to fall for their scam.

Peoples mind are sometimes too closed into new thing and due to excessive scams on the market it comes to a point that they don't tend to look back or trying to use up
I am too closed for new things as it is one of my policy to stay safer against scammers. Unless otherwise I do get enough reasons to try a new services, I am just sticking within my existing services which ensures my security at higher levels.
hero member
Activity: 2954
Merit: 683
August 17, 2019, 05:51:39 PM
I think trade on new platforms is kinda risky.So i would recommend you to use reputable sources.

Personally i trade on Monfex.Check it out.
It may not necessarily be risky, those reputable exchanges you are speaking of also started from somewhere too, look at when Binance came out, if people has not given them chances despite the fact that we had lots of reputable exchanges in the market then, would they have been where they are today? Or would we have known that they have this potential and would also be the savior of crowd funding market with their IEO innovation.

We should stop condemning some of these new platforms, we can only advise them to be careful and not start with so much money first. This exchange you even talked about here is also new to me and I feel you are just trying to promote it, what id people have that same mentality of this platform too? Would you ever get any volume for it?
Anything on this world do start on the beginning as you said we should not condemn generally if we do see new platforms in the market on not to be successful because we wouldn't know on what lies ahead.

I remember those years where Binance was just new, it do get the same insights and been compared to those reputable exchange that time but look at we now, where binance is one of the top spot.

Of course, you are right. We shouldn't condemn platform just because it's new. I just mean that for me it's easier to trade on platform which has good merits and positive feedback. And i recommend you Monfex just because i've been trading there and can state that it's really reliable platform. Taking my words into account or no - it's only your choice.
If monfex does give that thing to you then its your choice but you cant force anybody to believe on what you do believe yet majority would really prefer the older
and reputable one rather than using up something which they haven't hear off first.

Peoples mind are sometimes too closed into new thing and due to excessive scams on the market it comes to a point that they don't tend to look back or trying to use up
those new things due for that reason.
copper member
Activity: 44
Merit: 1
August 17, 2019, 04:23:55 AM
Know about it and starts with low amounts
sr. member
Activity: 1918
Merit: 256
Just.bet - Decentralized On-chain Casino
August 16, 2019, 07:26:57 PM
Hello everyone, I saw a new CFD trading platform for cryptocurrency. (www.mavsecure.com) I met a guy in TG and he referred me. So, how safe is to trade in CFD platforms? Is it profitable ?

Trade always at the exchange that has already known in the market. Avoid those trading platform that are not known yet like what you are asking for right now. It is still best and good to trade at the top 10 exchange at the coinmarketcap dude. Because it is good to trade with the platform that already proven and tested.
I have a good story with a new exchange.
My friend got 1 Bitcoin from a new exchange, there was an error and one of the coins was pumped up to 600%.
I think monitoring a new exchange for profit is not a mistake.
legendary
Activity: 3248
Merit: 1179
August 16, 2019, 11:05:50 AM
Hello everyone, I saw a new CFD trading platform for cryptocurrency. (www.mavsecure.com) I met a guy in TG and he referred me. So, how safe is to trade in CFD platforms? Is it profitable ?

Trade always at the exchange that has already known in the market. Avoid those trading platform that are not known yet like what you are asking for right now. It is still best and good to trade at the top 10 exchange at the coinmarketcap dude. Because it is good to trade with the platform that already proven and tested.

If you have fear from new things in crypto, you will always be late for the fun. Instead of running away from new try how to do a proper research, how to test it with some small amount of money, learning how to do that will help you a lot in future.
In crypto I learned that it`s not smart to follow masses! Do the opposite from what majority is doing and you will be very good. That can be applied on trading, when everyone is buying you sell, when everyone is selling you buy, it`s how some people make money in this fluctuations.
sr. member
Activity: 854
Merit: 252
August 16, 2019, 10:27:25 AM
Hello everyone, I saw a new CFD trading platform for cryptocurrency. (www.mavsecure.com) I met a guy in TG and he referred me. So, how safe is to trade in CFD platforms? Is it profitable ?

Trade always at the exchange that has already known in the market. Avoid those trading platform that are not known yet like what you are asking for right now. It is still best and good to trade at the top 10 exchange at the coinmarketcap dude. Because it is good to trade with the platform that already proven and tested.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
August 13, 2019, 11:04:51 AM
I like to try new exchanges, often they have good promotions cause they are new. Good offers always attract more people. Every exchange has something special to offer, fast transactions, trading without kyc, some promotion. I use several exchanges these days, idex market, crex24, vinex and I exchange some currencies in my atomic wallet, they have a nice promotion for that. Depending on the coin I`m focused I use that exchange.
member
Activity: 363
Merit: 10
August 12, 2019, 10:43:37 AM
If it is me, I will not trade. I do not trust to send my money to new exchanges, too risky. There are many new exchanges being created, but only a few are successful
member
Activity: 258
Merit: 32
August 12, 2019, 09:08:57 AM
As most senior members on this forum had advised, I will like to remind you that, your action to trade with a new exchange is against the ethics of cryptocurrency and against the community you belong as issues of scams have been reported severally on this platform. Any new exchange that has no positive feedbacks or trust ate not to be trusted and not advisable to use.
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