Topic: The best trading platform for beginners? - page 3. (Read 1076 times)

I agree, even as a beginner in crypto world and first time to use Binance exchange, I can easily adapt to their platform and I already know that Binance will be better platform someday. Trading view is also a good trading platform and easily to use. I also allow you to create your own chart and analyze their properly.

It is such a sad thing to see poloniex+bittrex and kraken not getting any votes at all, these were the high points of trading at one point.

Obviously it has been like 4 years since they were the best, but after cryptsy got hacked, poloniex became the top exchange for a while, everyone was using polo and they were loving it as well, the volume was the highest anywhere, at the same time people used kraken and eventually moved to bittrex from polo as well, bittrex was a bit later than polo for famous period, but after bittrex people moved to binance when it came out and now these three places are so low on the list that it didn't even get a vote at all. This is why you have to listen to feedback, if you do not you could go from top of the list to not getting a single vote.

 Basically i like Binance, KuCoin, BitFinex which are in leading position in crypto market. No doubt that Binance is number one position but my trading depends on which market token listed that i targeted. But problem is at present time withdrew fee to too high so that everybody are in problem of all exchanges. So hope very recent high fee will be decrease and we will be happy in trading all exchanges.

thanks.

Binance exchange is good trading platform for beginners because here you can find good liquidity and easy to use plateform. But sometimes binance is also working as a stealing money from their customers. When btc price is moving fast then sometimes its stop working and traders can't able to put stop loss or close their trade and get liquidate their fund. So it's also important to prepare yourself for this kind of situation.

I agree with that, because for me Binance has a very fast coin service compared to the others, I personally only trade on two exchanges, Binance and Indodax, if Binance added IDR in its trade it would be more fantastic, but that's just my dream hehe

Primexbt https://primexbt.com?signup=202787

It has copy trading tool too

They totally suck, the support team is very slow of having a response in any issues submitted and I don't recommend this for beginner because once you have a mistake they don't answer your request. Another thing also has very high fees upon withdrawal, how could you recommend this to the beginner.

Binance that the most they are suggested, I'm okay with the Binance though they had a good reputation and also good interface for the user. But when it comes to a newbie, always be careful upon using an exchange, we know that the newbie is always a prey to the expert traders. I suggest not doing in trading if you don't have enough skills and knowledge on trading because trading isn't easy task to do.

Market for beginners maybe for me is which have spot trading, not much problem in deposit and withdrawal, and maybe not ask people to do KYC first because maybe some new people don't like to reveal their data into a site or anything else like that. With 3 reason that i mentioned before, maybe already enough to make people keep come back to trading as long there are no problem  with their money especially if they try new sites.

I reccomended that Binance is the best trading platform for the beggener i also preferred first not invest large amount first invest small amount $10-$50 and slowly increased the trading amount not be follow signal group or forum invest your time and increased trading skill and fundamental and technical skill, an others think don't be invest new or shitcoin you mistakenly invest maximum fund in shitcoin so that chance of losses your fund.

I chose Binance, KuCoin, and BitFinex. I just didn't have a choice to vote the way I wanted to) The fact is that I have never traded on BitFinex. And this choice was made by me, because Binance was only represented there. This cryptocurrency exchange will be good for both beginners and professionals.

I have trade using all these 3 platforms and they are among the best, i can say that. But for now there are many more platforms that have different methods of trading.
I use Yobit for day trading and i use localbitcoins for peer to peer trading.

Hitbtc exchange is the best for noobs, this has been my favourite among the listed cryptocurrencies exchange. Trading involves mostly altcoins which are available on Hitbtc but other exchanges listed above are good but won't be easy for those beginners as many of the newly altcoins might not be available for trade. We'll know that, listing on binance exchange is more like hell to some good and sound project but Hitbtc is one of the cheapest to list, so, is the best for noobs.

The Amarkets platform is quite comfortable and easy to understand

For me, based on my experience, Binance is the best and it is very user friendly compared to other trading platforms.

It is not that hard to explore, it is not that hard to learn, you just need to practice and learn how trading works in it. I know it is not that instant to become good and comfortable in trading platform that you are using but you should consider a lot of factors such as time, willingness, and effort to do it.

Just practice and develop your skills in trading so that you will become effective every time you perform transactions.

Binance and Kucoin are the best IMO...
It can be said that both exchanges are very user friendly, especially for beginners who want to start trading. I also started trading on Binance and only with questions to the closest people to understand trading there.

From my point of view, the best cryptocurrency trading platform for beginners are Bittrex and Binance because in my 3 years of experience in using these platforms, I don't face any problems when it comes to depositing and withdrawing my funds, and it is easier to use for beginners. But I mostly used Binance rather Bittrex because I think it is much easier to trade in your mobile phones in Binance.

I'm not really surprised about everything he said. Binance has been on a listing spree since july (around the same time the DeFi fomo started). Between August and now, Binance has made over 21 new listings of which over 50% has been DeFi related projects. What these means is that, Binance had to lower their listing standards just to take advantage of the DeFi traffic as most people were following the DeFi craze and patronizing Dex and protocols like Uniswap, Balancer and Synthetix. From a business perspective, Binance was only doing what was necessary to ensure they stay relevant in the space (Bittrex fell because they were fast to certain changes to suit current market needs. The same goes for poloniex). It's clear Binance got caught up in the hype and didn't do DD on their part before making these listings.

CZ was only trying to justify their actions which was wrong. Binance has a track record of listing high quality projects but the quality has dropped in recent times. I'm not sure how projects that paid between $300K - $1M to list on Binance would feel.

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Despite their shortcomings, Binance is still one of (if not) the best exchanges to trade in right now.  As a trader ir investor, Its important to do DD and research before trading any assets on Binance. It's better to be safe than sorry.

The listed platform were the best platform as far as popularity is concerned but I still prefer to trade through some of the decentralized exchange for safety purposes. Most time the trading platform you trade through is not the problem but you trading strategy is what matter.

Actually all the exchanges mentioned in the opening post are the best trading platforms for beginners. Just choose what suits with your taste,
according to my recommendation Binance, KuCoin, Okex, Kraken and Huobi are the 5 best exchanges for crypto trading. Because I've been
using the five exchanges I mentioned for a long time and haven't had any problems. But surely everyone has their own criteria in choosing
exchanges for trading. Most importantly choose a popular and trusted exchanges.

Well, for me the best trading platform only is Binance, Kucoin, Houbi, Coinbene, Bitforex, Okex, Upbit and Bibox, these are the exchange
were I used so far and it gave anyhow a nice profit it may not large but it can help me out to sustain all the expenses that I need to pay and to get all my needs commodities.