Trading Exchanges for newbiee - page 2.

Malamok101

full member

Activity: 868

Merit: 100

Proof-of-Stake Blockchain Network

Quote from: MuhNofa on November 07, 2018, 06:39:06 PM

this is very good information considering many new people in this forum are always asking about exchanges so with this there is no need to ask anymore they can choose their own exchange with the information above

There's no suitable for newbie traders in exchanges all of exchangers must learn how to use it but here in forum you will know how to start step by step just read what they gonna say.

MuhNofa

member

Activity: 504

Merit: 11

this is very good information considering many new people in this forum are always asking about exchanges so with this there is no need to ask anymore they can choose their own exchange with the information above

Malamok101

full member

Activity: 868

Merit: 100

Proof-of-Stake Blockchain Network

Very nice strategy for those newbie in trading I guess its a good starting up them to learn some different crypto exchange they gonna pick for making a money from crypto coins.

jony35490

jr. member

Activity: 422

Merit: 9

I personally using Binance, Bittrex and Kucoin for trading and I feel really good in this three exchange. Cause daily trading volume is very high and secure exchange.

abracadabra

hero member

Activity: 956

Merit: 1001

Don't use Bitstamp. They are currently not performing USD fiat withdrawals. My guess is some kind of money crunch or theft that they refuse to publicize. There are people that have been waiting over 2 months for their funds to be moved out of Bitstamp. There are people looking to spearhead a class action lawsuit against them.

iv4n

legendary

Activity: 3248

Merit: 1179

Quote from: Xiroartoni on November 06, 2018, 04:06:57 AM

Very good post. I wouldn't even regret merith if I had one. I advise you to keep this list as it is and use it. In addition, I recommend to consider the following criteria when choosing an exchange: 1.Trading volume of a coin; 2. Reviews (it happens that the exchange often carries out technical work, which is bad for trade and asset security in General); 3. Deposit/withdrawal fee; 4. Security and convenience (the ability to enable two-factor authentication, binding to a mobile phone, intuitive interface). Do not forget to follow the news of all the exchanges that you use. This will help you to save and even increase your funds

I have some and I rewarded op for his effort, nice list and nice explanation why to use multiple exchanges, its what I suggest to people for years, you can't trade just on one platform, simply it's not possible, you don't have everything on one place, thus new platforms always have some good promotions, there isn't other and better way to attract new customers.
Each exchange offers something unique that you can't find on other places, it's how they can keep track with competition. And we must agree that competition is now heavy, there are so many exchanges and so many coins and tokens, and as I see there will be even more of all of them.

Xiroartoni

member

Activity: 406

Merit: 10

Very good post. I wouldn't even regret merith if I had one. I advise you to keep this list as it is and use it. In addition, I recommend to consider the following criteria when choosing an exchange: 1.Trading volume of a coin; 2. Reviews (it happens that the exchange often carries out technical work, which is bad for trade and asset security in General); 3. Deposit/withdrawal fee; 4. Security and convenience (the ability to enable two-factor authentication, binding to a mobile phone, intuitive interface). Do not forget to follow the news of all the exchanges that you use. This will help you to save and even increase your funds

thinkright

copper member

Activity: 280

Merit: 1

For individuals who are new to trading and are in search of a user friendly and intuitive platform, I will suggest you give the COINEX app a try. It has coool features that is atleast standard for newbies

$anounimus$

sr. member

Activity: 1610

Merit: 294

www.licx.io

for newbies like you, you should be able to trade in an exchange that has very high price movements and volume movements because when you are in that place it will be very easy to make a profit by utilizing very fast price movements.

S4VV4S

hero member

Activity: 1582

Merit: 502

Quote from: Peterdav on November 06, 2018, 02:41:53 AM

I think Binance is very good exchange for newbie, very easy to trade there and have a high transaction volume. its very recomended for newbie.

When I was a beginners in the world of trading, I always use Bittrex as my preferred Exchanger,
but now there is already a Binance be the best Exchanger for everyone. I recommend Binance for newbie.

Peterdav

full member

Activity: 840

Merit: 100

I think Binance is very good exchange for newbie, very easy to trade there and have a high transaction volume. its very recomended for newbie.

ajaymukund

member

Activity: 784

Merit: 10

https://streamies.io/

New traders should only trade at 2 exchanges. that is IDEX and Binance. We do not need to talk too much about Binance because it is really the best platform and has the highest level of security. IDEX is a decentralized trading platform but there will be a lot of volatility on a daily basis. New traders should trade there and understand more about pumping and dumping. That is the most important thing to be a good trader.

faceoff97

full member

Activity: 644

Merit: 113

Just a reminder to everyone whose trading in exchanges, it woyld be better if you'll be transferring your coin to your own secure wallet. Storing big amount of coins in exchanges is risky for your funds, it is still a better if you'll keep your investment in an opensource wallet. Storing in exchanges don't assure you that the funds are all safe since you don't own the private key and just depend on third trusted party. If you hold multiple coins, there is a only available open source software which is HODLER wallet, this would be a good choice other than hardware wallet.

coin_1122

full member

Activity: 1134

Merit: 102

The above information and rating for different exchanges will really help them to understand how securely we can safeguard our investment. With those rating definitely, it will help the newbie to start investing in the best exchange for trading.

enawati

full member

Activity: 574

Merit: 102

https://adonx.one

In my opinion you have to add gate.io and HitBTC, because these exchange has high trading volume as well and both listed alot of good coin. These exchange also offer feature of stop loss.

Crypto Girl

sr. member

Activity: 980

Merit: 294

Quote from: Gloria99734 on November 01, 2018, 11:55:34 PM

Quote from: Bolivar_Tony on October 20, 2018, 04:47:07 AM

That's a good post you put up there, I have been trading with kucoin because i like the security been implemented on the exchange but I will soon move away from trading with them because of the KYC they want to implement soon. So i think for newbies it's good to always good with top volume exchanges and Bianance is good for any newbie to start with.

Well.. KYC shows its security level, don't hate it Cheesy

Not at all. Yeah it may be in major platform like binance but on those new platform like qryptos that requires kyc is just ridiculous, not to mention that qryptos uses a lot of bots that killed the token's price.

Personally, I hate kyc thingy as it just ruined the anonymity and remember we're dealing in a third-party so it's not that secured.

Arthurian60

newbie

Activity: 234

Merit: 0

There are some couples of nice exchanges out there that are good for newbies. These exchanges are fit and smooth for trading from day to day activist or long-term. Example of some of those exchanges are as follows..

Binance
Coin exchange
Hotbit
Latoken
Kucoin

These exchanges are pretty straightforward for anyone who want to trade.

ubercool

hero member

Activity: 1078

Merit: 504

I dont think Bitmex should be suggested to newbie traders, even experienced traders lost much at bitmex in the past few months. The leverage trading is simply not a thing for new traders.

Iceblast

full member

Activity: 783

Merit: 100

binance becomes an exchange that might be better made as an option. now binance is in the best position. so newbies can be directed to binance to trade to always get profit.

upsidedown75

legendary

Activity: 1288

Merit: 1036

I believe think binance is the best place to start for a newbie. You can start easy with all those coins at your disposal and you can do whatever you want with it. They give you chance to collect all the dust coins into bnb if you want to as well which is amazing feature which is lacking in all other exchanges. I honestly believe if you are an advance trader there are better places to trade such as bitmex where you can invest with arbitrage and leverage and do all kinds of next level stuff but in binance you can do newbie stuff and make money (or at least hope to make money) in simple ways like buying and selling and learn stop loss and buy orders and all the simple stuff. They are one of the most used with highest volume and definitely trusted exchanges out there.

Topic: Trading Exchanges for newbiee - page 2. (Read 14702 times)