Topic: Trading exchange platform - page 3. (Read 581 times)

First, you set your goals. Are you expecting to make Day trade or long-term investments? Will use charting tools to make long and short, a more fundamentalist analyze?

If your idea is to buy in the long term using fundamentalist instruments and avoid being identified, the idea is to use a decentralized platform. It offers more security, privacy and low rates. But if you want to do day trade, do not worry about sending your documents, and you accept others to take care of the security of your assets. You can use a centralized platform.

In both cases, you should search for the volume traded on the exchange. This is very important since, unlike stock exchanges, trading occurs only on the platform. So, on a platform without volume you will always pay a higher value than the market. Another point to note is the quantity and qualities of the assets that are traded. You should note that all the projects you want to invest are available on the platform. And pay attention to the negotiated pairs. The more pairs traded using USD, the better.

It is also important to research the company. Where it is located, who owns it and the legal security offered by the host country. If there is a problem, it is important that you can appeal to justice. Look for evidence of cold wallets. This helps with security. Searching for complaints is critical. On reddit and here in the forum there will always be someone complaining about some service provided. Escape from those that continue with recurring problems.

For trading using leveraged, I would recommend www.bitmex.com/register/4Yl00L . If you want an exchange centralized for altcoin, I would recommend Binance.

And if you're looking for a bigger guarantee and more options, without having to send documents, I'd recommend ethermium.com

the most ideal exchange platform ?
of course if you see to coinmarketcap, there are enough lists from the best exchange, some need verification KYC and some are not, small withdrawal fees and also there are some exchange that rumors says its all are BOTS

I am working with many exchange, because i have to, in my wallet there are more than 300 coins i got. I did bounty hunt from last 2 years and i had to work with many of them. For me the best exchange is Bittrex and the Bitforex. After these 2 i would say LA Token, which is quite new but very effective. Also i am happy with Coinbene, GateCoin and Kucoin. I would never recommend with work HitBTC, they have stupid rules and i got $150 stuck in there.. The coin trades should be 10s / 100s / 1000s in HitBTC and you can't use the remain coins. So don't go with them please..

- Trading volume
- Exchange reputation
- Withdrawal and trading fees
- Choose the secure exchange to avoid the risk of getting hacked.
- Use coinmarketcap.com to find out which exchange platform meet your needs.

It would be better and a good idea if you try bination. Please visit the site: https://www.binance.com/
Determine your plan as you wish. Hopefully useful and successful for you as a new trader ..

I do trading and binance for me is ideal because they have a potential coin that continues to grow in the market, the fee is small, the sales volume is very good, a good level of security and can guarantee users to trade comfortably

One good criteria is the effectiveness of the trade.  Also how many traders are on the platform and how is the history of trading on the exchange platform

i think the most ideal trading platform is binance.
its one of the best strong exchange and technically well build and security is also high.
and kucoin,bitforex these two are also good trading platform

theres a lot depends on your trading style or personal preference, for me i like binance, kucoin, hotbit since im just a spot trader, check on CMC the biggest volume of coin and depending also on your location.

Choosing an exchange platform on your own depends on the satisfactory level and experience of trading there.

The most ideal platform that's being used by every trader is Binance. This has been the most preferred by crypto folks out there, there's also kucoin. Check your local maybe you have your very own exchange in your country for easier transactions.

It depends on some factors.

• Are you planning on buying certain cryptocurrencies using bitcoin only? or Fiat?
• What country are you in? Some exchanges are not available in certain countries.
• Which coins/tokens are you planning on investing/trading? Some exchanges supports certain coins/tokens and some don't.

As an investor, what should I look for in selecting the most ideal exchange platform?