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Topic: Trading exchange platform (Read 558 times)

member
Activity: 616
Merit: 16
January 12, 2019, 06:27:55 AM
#52
If you are really interested in trading, consider so many factors, Your country, currency. are you trading with Fiat or crypto.   You must go tru the terms and conditions of the exchange. but the best option is to check if you have any exchange platform in your country. since you are new, look for any medium startup like Bitmart, digitex futures, bitrue ,etc. to avoid getting burnt easily on the top exchanges.
jr. member
Activity: 200
Merit: 1
January 11, 2019, 01:23:39 PM
#51
In my experience, a good exchange platform must have the following factors :
1. The support team is enthusiastic when customers have problems.
2. Low trading fee
3. There are many trading pairs
4. Exchange rate between buying and selling is not too much difference
5. Supported by many real people and traders (not bots)
6. Confirm fast deposit and fast withdrawals
7. Low withdrawal fee is very important.
member
Activity: 1204
Merit: 38
January 11, 2019, 01:23:21 PM
#50
As an investor, what should I look for in selecting the most ideal exchange platform?
For trader the exchange is not much important thing,because they might not move their funds too often but they need to pick a legit exchange if they are going to convert their fiat into BTC or viceversa.I will say LBC will be better to start with when someone begins since it is more trusted and available in all the countries.


Traders have lot of opportunity to get much more income in this field they are very blessed and very most getting profitable persons so it will be long lasting for the future because the future of cryptocurrency are Brighter Than before that's why I am saying this and the platforms of cryptocurrency field will increasing lots much.
full member
Activity: 938
Merit: 105
January 11, 2019, 01:20:04 PM
#49
As an investor, what should I look for in selecting the most ideal exchange platform?
For trader the exchange is not much important thing,because they might not move their funds too often but they need to pick a legit exchange if they are going to convert their fiat into BTC or viceversa.I will say LBC will be better to start with when someone begins since it is more trusted and available in all the countries.
LocalBitcoin exchange is limited and doesn't have much coins to trade for or something incomplete to do in trading. That is only for converting fiat from Bitcoin. Why you did not choose those exchange reputable one, I know there an exchange that most likely traders want, I'm not a trader but I know which are exchanges good to trade for. To avoid problems near in the future, pick exchange as a reputed one.
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
January 11, 2019, 01:06:31 PM
#48
As an investor, what should I look for in selecting the most ideal exchange platform?
For trader the exchange is not much important thing,because they might not move their funds too often but they need to pick a legit exchange if they are going to convert their fiat into BTC or viceversa.I will say LBC will be better to start with when someone begins since it is more trusted and available in all the countries.
member
Activity: 217
Merit: 17
ChangeNOW. Non-custodial and limitless exchange.
January 11, 2019, 11:24:40 AM
#47
Binance cut our corporate account's withdrawal limits without any warning and the support has been unresponsive for more than 24 hours. Haven't been really satisfied with them lately.
legendary
Activity: 2366
Merit: 1206
January 11, 2019, 09:34:05 AM
#46
I think the most important think to look for exchange is security level to avoid issue of hack , and second one is high volume to get high liquidity. Dont use exchange that has issue with withdrawal and has been hack.
This can be a good point of view before you trade on any exchange, because not all cryptoexchange is good to use for. Top exchanges can be a good place for newbies since its already proven by investors, but if you want to look for more then that is the time for you to make more effort. You must first look for the system of the trading exchange and if they are operating legally, and next read some reviews about that exchange because mostly all the disappointed user will always have their thoughts out in many social sites.
You have a point there, you can identify legit and good services exchanges if you keep research in here or you can visit at this thread,  Exchanges. There's a ton of complaining people there regarding an exchanges site problems or different issues that they encounter on exchange services that you can possible you can avoid in earlier.

Good exchange sites are: Having good customer support (42/7), high volume for possible high profit earn and the last is fewer fees if possible.
full member
Activity: 742
Merit: 144
January 11, 2019, 09:11:36 AM
#45
I think the most important think to look for exchange is security level to avoid issue of hack , and second one is high volume to get high liquidity. Dont use exchange that has issue with withdrawal and has been hack.
This can be a good point of view before you trade on any exchange, because not all cryptoexchange is good to use for. Top exchanges can be a good place for newbies since its already proven by investors, but if you want to look for more then that is the time for you to make more effort. You must first look for the system of the trading exchange and if they are operating legally, and next read some reviews about that exchange because mostly all the disappointed user will always have their thoughts out in many social sites.
jr. member
Activity: 448
Merit: 1
January 11, 2019, 08:58:31 AM
#44
 Trading exchange platform Binance and Bittrex.This exchange has been maintaining superior quality in the cryptocurrency world. Binance exchange is one of the popular cryptocurrency exchange. Binance handles are a large amount of trade daily the exchange has numerous amount of altcoins, so users can trade all types of coins, not only bitcoin only and also Binance really feels like a well-developed trading platform.
full member
Activity: 588
Merit: 100
January 11, 2019, 04:26:35 AM
#43
I think the most important think to look for exchange is security level to avoid issue of hack , and second one is high volume to get high liquidity. Dont use exchange that has issue with withdrawal and has been hack.
member
Activity: 252
Merit: 11
Decentralized Digital Billboards
December 06, 2018, 05:29:40 PM
#42

I used many exchanges until I started trading on binance. This is definitely my exchange and I am satisfied.
newbie
Activity: 234
Merit: 0
December 06, 2018, 05:59:02 AM
#41
There are so many trading platform coming upnow. The real issue is looking for good exchange platform that you can use safely. Two are very common now. They are Binance and Bittrex. These platforms has high level of security for investors and good ten behind it.
sr. member
Activity: 2114
Merit: 268
Leading Crypto Sports Betting & Casino Platform
November 07, 2018, 03:03:12 AM
#40
As an investor, what should I look for in selecting the most ideal exchange platform?

Most people will see about fees, send - received process/ wd ( rules transactions ) and support team exchanges. Actually there's no ideal because every exchanges have different method and policy about manage their system. But the most important is market condition, isn't good to enter right or I should wait?. Think again and good luck to you.
I think most of people look beside fees is volume trading, because with low volume trading, it can make people not want to trade in there because lack of volume means slow moving of altcoin price.
sr. member
Activity: 882
Merit: 282
November 07, 2018, 01:45:19 AM
#39
As an investor, what should I look for in selecting the most ideal exchange platform?
For an idea exchange platforms the following should be look on:
1.Security. The first thing I do look on in any exchanges that I want to transfer fund in is how secure it is.  Many investors has lost their investments capitals through unsecured exchange . If you are an investors then security should be your first concern.
2. Volume: You need to know and compared the volume because it creates liquidity.  I do buy some coins and at the end cannot sell them because of low volume.  I prefer binance and hitbtc because of volume.
3. Fees.  The fees should also be one of the things you should look on to before investing.  Many exchange especially the old one still retain they trading fees and this do affects the cost of trading.
4.Rate at coins marketcap.  I also look at the rate of exchange platforms on coins marketcap. This enabled me to be able to know the performance of those exchange over time.
Investments, is very risky and you should not go into it without adequate knowledge on how trading work and how to trade profitabily.
full member
Activity: 686
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
November 06, 2018, 11:21:18 PM
#38
As an investor, what should I look for in selecting the most ideal exchange platform?

Most people will see about fees, send - received process/ wd ( rules transactions ) and support team exchanges. Actually there's no ideal because every exchanges have different method and policy about manage their system. But the most important is market condition, isn't good to enter right or I should wait?. Think again and good luck to you.
member
Activity: 476
Merit: 10
November 06, 2018, 09:17:49 PM
#37
When I  started doing crypto trading I chooced exchange that does not provide feature of stop loss,  and this is bring me to loss much money because I only possible to monitor the chart in 7 hours a day but crypto always move 24/7 without close.  So in my opinion first important  thing is crypto exchange that we use should be have feature of stop loss.
hero member
Activity: 2814
Merit: 518
October 20, 2018, 06:15:05 PM
#36
As an investor, what should I look for in selecting the most ideal exchange platform?

There is no big deal as to what exchange platform you choose as long as there is a big volume of trades in it. Exchange platforms varies in their environment but share the same principles with regards to their trades. I would suggest you choose platforms with high volumes on their coins and not just popularity alone.
Agree with that. Just addition into these is that, you may check also feedbacks from the current users cause it could be some basis that certain exchanges is playing well or there is huge problem inside. Security also is very important. Just don't fool for phishing sites cause it definitely bring you down and nothing left in your wallet.
full member
Activity: 952
Merit: 104
★777Coin.com★ Fun BTC Casino!
October 20, 2018, 05:53:04 PM
#35
As an investor, what should I look for in selecting the most ideal exchange platform?

There is no big deal as to what exchange platform you choose as long as there is a big volume of trades in it. Exchange platforms varies in their environment but share the same principles with regards to their trades. I would suggest you choose platforms with high volumes on their coins and not just popularity alone.
member
Activity: 358
Merit: 11
October 20, 2018, 05:02:59 PM
#34
I choose security first since the safety of your wallet from hackers and vulnerabilities should be paramount, what I look for in security is if there is a google 2fa. Apart from the security , you can look for customer service in case there is a problem with deposit and withdrawal, how the team will respond to you and finally the trading platform itself, whether it has all technical tools for you to make informed decision.
hero member
Activity: 1092
Merit: 501
October 20, 2018, 03:53:28 PM
#33
As an investor, what should I look for in selecting the most ideal exchange platform?
Let me tell you about many exchanges are available in the crypto market and almost all the exchanges have the same work but the differences are on the basis of several things which make these exchanges different from one another. Binance is the one which is highly rated and best recommended due to the large volume as well as its simple use makes it easy for users to do their works quickly and easily.
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