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Topic: Trading Exchanges for newbiee - page 5. (Read 14702 times)

legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
October 06, 2018, 05:26:38 AM
#73
Before Binance launched, i used Bittrex and Poloniex because they become the biggest exchange in 2015. Since that untill now i still use it because they has regulation in USA. Since they started operated there are no issue of hack so they is one of the good exchange. Also i use Binance because this exchange have very high trading volume and listed alot of potential coin.
Regulation is actually very important and I really would not want to be using a non-regulated exchange anyway considering the risks involved in the long run. I have been using Binance for a while because of the low fees as well as KUCOIN and I have always not regretted it. Although, i still make use of bittrex, but just for some few trades though, but for the fact that bittrex has been in existence for a while, it has stood the test of time and it is regulated is one reason why leaving it for a lower fee exchanges is a bit hard but I guess over time, we will get to see how these other exchanges get to perform.
jr. member
Activity: 105
Merit: 1
October 05, 2018, 02:12:55 PM
#72
trading for beginners must have capital first, if we already have the capital must choose the coin price that is going down in price, if we have bought it we have to wait for the coin that we have bought the price goes up, that's how beginners trade
hero member
Activity: 986
Merit: 516
October 05, 2018, 10:11:07 AM
#71
Good article. I only use Binance,Biitrex, and kucoin. among them Binance is best.its has huge volume and sequrity level is also good. after binance I use bittrex and 3rdly I like to use kucoin.kucoin added new coin mostly and its a news exchange site.
member
Activity: 294
Merit: 10
October 05, 2018, 11:14:34 AM
#71
I see if you share eight cryptocurrency trading platform. Finally I analysis all trading platform but at the moment I am not use all cryptocurrency trading platform I just use bittrex because I feel it is a perfect for everyone. It is a very useful although high transaction fee. There are good support centre and you can knock them 24 hour with your any kind of problem and you will get back to answer within a 3 business day. there are lots of people use this platform and most of the people give a review that is very perfect for everyone.
newbie
Activity: 159
Merit: 0
October 05, 2018, 07:35:04 AM
#70
jr. member
Activity: 58
Merit: 2
October 05, 2018, 04:50:33 AM
#69
When i sign up to Bitfinex , they required minimum deposit $10k and this is very different with others exchanges that allow trader to make deposit by minimum coin equivalent $10 or $30. $10k big number for newbies trader, between all that exchanges  i  used Binance, Bittrex and Poloniex. Bittrex and Poloniex is first exchanges that i used for crypto trading 2 years ago. We have to use several different exchange to minimize risk from issue of hack.

Yeah Bitfinex needs more deposit, this is a great point! I add it on #1 thanks;D
member
Activity: 462
Merit: 11
October 05, 2018, 04:30:38 AM
#68
When i sign up to Bitfinex , they required minimum deposit $10k and this is very different with others exchanges that allow trader to make deposit by minimum coin equivalent $10 or $30. $10k big number for newbies trader, between all that exchanges  i  used Binance, Bittrex and Poloniex. Bittrex and Poloniex is first exchanges that i used for crypto trading 2 years ago. We have to use several different exchange to minimize risk from issue of hack.
full member
Activity: 368
Merit: 104
October 05, 2018, 03:15:52 AM
#67
If you are new to crypto trading, and looking for a platform to trade, here are some platforms I use.
Share with all of you Cheesy


1. Binance (Strongly recommended)
2. Bitfinex (Stable, not many coins available)
3. Bithumb (ps:security issue happened, consider well)
4. Upbit (Korea exchanges)

Welcome to other suggestion Wink

*******Additional information************
Recommended by FlamingFingers : Bittrex - 2 years exp. and No issue ever


People who use many exchange is swinger and that is good strategy in in this situation. I start use swing at August, not always profit but I can make big money when market not balance again. I recommended Hitbtc and Kucoin as alternative Binance and Bittrex, easy to use and have friendly support team.
There are many trading platforms but people perceive it differently due to some features which make them different. One thing which is natural among us is to pick up the simple and easy things and definitely we will choose Binance as our best trading platform that is mainly called as trading exchange. Other best exchanges are also there which enable you to trade with easiness and you will not feel any kind of difficulty.
sr. member
Activity: 882
Merit: 269
October 05, 2018, 02:36:47 AM
#66
jr. member
Activity: 58
Merit: 2
October 05, 2018, 12:22:19 AM
#65
What i don't understand is, what do you pay attention to when you invest money to the token/coin? to exchange? Nowadays there are so many potential token that none of them is in the first 10 exchange. In my opinion, it is sufficient that the exchanges aren't scam and have a small fee.

I know what you mean. Listing on top exchange needs listing fee and pass many criteria, it's reality.
But we all know that, it is the more easy way for exchange to classify whether the tokens trustworthy or not.
For us, we can trust those exchange if they have a strict policy on listing icon.
hero member
Activity: 2828
Merit: 518
October 04, 2018, 06:58:56 PM
#64
Kucoin and etherdelta are one of the best so far especially when it comes to token market
I've never consider these two exchanges as the best cause of its market volume compare to the others. But the good thing about ETHERDELATA  is that,  they probably listed new coin. But I appreciate also this exchanges cause this is the first exchanges I have and I've learn trading from it.
jr. member
Activity: 225
Merit: 1
October 04, 2018, 06:31:42 PM
#63
If you are new to crypto trading, and looking for a platform to trade, here are some platforms I use.
Share with all of you Cheesy

1. Binance : Most recommended. stable, safe, liquidity, commission fee cheap Wink
2. Bitfinex : Stable, not many coins available

Here is some Korea Exchanges, selling price relatively higher, recommend to sell them here.
3. Bithumb (ps:security issue happened, consider well)
4. Upbit : Not much volume as Bithumb but no problems so far

*******Additional information************
5. Bittrex - Recommended by FlamingFingers : 2 years exp. and No issue ever


Welcome to other suggestion Wink

At this point i don't think we have any suggestions to add in the list because i my self really recommend binance and bittrex for those who are day traders, and also security in times of funds protection.
member
Activity: 812
Merit: 10
https://hovr.site/
October 04, 2018, 06:04:11 PM
#62
Kucoin and etherdelta are one of the best so far especially when it comes to token market
full member
Activity: 506
Merit: 101
1 & 0 😏
October 04, 2018, 05:33:00 PM
#61
To start trading, first we need to choose a platform, here are the platforms I use.
Share with all of you Cheesy

Bicoin: Bithumb, Bitfinex

Tether(trading TUSD or USDT): Binance, Bitmart

ETH: all of above

Welcome to other suggestion Wink
Why do we need to split up so many trading floors? Why do not we trade at a single exchange? I am wondering about this issue and hope you will help me. I'm a beginner to trading. thank you.

First of all, you won't find the token you are looking for in each exchange, there are more than ten thousand digital currencies in the market. Also, each exchange has its own security and convenience.
hero member
Activity: 1932
Merit: 504
October 04, 2018, 05:30:17 PM
#60
Just saw OP's message. And I'd just like to add that Binance is the best exchange for me any day, anytime. It has every feature of a top rated exchange. Strong security, plenty of liquidity and wide range of Cryptocurrencies to choose from and trade. Bittrex was my favorite in 2016/2017 but these changed after they adjusted their  KYC and locked out some accounts. Currently, They don't have much volume which is a major downside. Poloniex too, has past its glory days. For decentralized exchanges, I go with Idex exchange.
If only markets such as Poloniex and Bittrex enter new tokens in their markets, maybe that two exchangers will still be popular today. People look for new tokens to trade and now some new market be favourite because of that.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
October 04, 2018, 04:51:40 PM
#59
Just saw OP's message. And I'd just like to add that Binance is the best exchange for me any day, anytime. It has every feature of a top rated exchange. Strong security, plenty of liquidity and wide range of Cryptocurrencies to choose from and trade. Bittrex was my favorite in 2016/2017 but these changed after they adjusted their  KYC and locked out some accounts. Currently, They don't have much volume which is a major downside. Poloniex too, has past its glory days. For decentralized exchanges, I go with Idex exchange.
hero member
Activity: 1288
Merit: 645
October 04, 2018, 03:51:28 PM
#58
If you are new to crypto trading, and looking for a platform to trade, here are some platforms I use.
Share with all of you Cheesy

1. Binance : Most recommended. stable, safe, liquidity, commission fee cheap Wink
2. Bitfinex : Stable, not many coins available

Here is some Korea Exchanges, selling price relatively higher, recommend to sell them here.
3. Bithumb (ps:security issue happened, consider well)
4. Upbit : Not much volume as Bithumb but no problems so far

*******Additional information************
5. Bittrex - Recommended by FlamingFingers : 2 years exp. and No issue ever


Welcome to other suggestion Wink


if you are new ın crypto or ın tradıng first you need to check simdaq platform, you can find it on my signature, its a trading simulation platform, good for newbies and also good for all kind of traders, before going to real trade its good to test yourself inn sımulatıon
full member
Activity: 262
Merit: 100
October 04, 2018, 12:34:56 PM
#57
Where is poloniex?

That is one also of the longest running trading platform. Although I do not like how they are managing their customer service, they are still trustworthy when it comes to payment fees and also speed.

Mostly before, trading platforms have 100k sats withdrawal fees and poloniex is just the with a 50k sats fees.

I think poloniex is a bit complex for newbie, it more welcomed by PIs as it highly secure.
Many retailers complain on its KYC is too annoying. What do you think?

There's a lot of popular and trusted exchange site and also there are good exchanges for beginners like bittrex binance poloniex. About the KYC in exchange it's a normal, try to understand on what will you need to do.
jr. member
Activity: 58
Merit: 2
October 04, 2018, 10:27:27 AM
#56
Where is poloniex?

That is one also of the longest running trading platform. Although I do not like how they are managing their customer service, they are still trustworthy when it comes to payment fees and also speed.

Mostly before, trading platforms have 100k sats withdrawal fees and poloniex is just the with a 50k sats fees.

I think poloniex is a bit complex for newbie, it more welcomed by PIs as it highly secure.
Many retailers complain on its KYC is too annoying. What do you think?
jr. member
Activity: 58
Merit: 2
October 04, 2018, 10:24:17 AM
#55
Your List will be perfect for the newbie if you remove Bithumb exchange name! It is not a good exchange mate, Users are not safe there then why you will go there where you have plenty of options to exchange your coins? Though This is your personal list, still Bithumb name you may remove and you should add bittrex name or Bibox Exchange name in the list.

Bittrex has on now Cheesy
I haven’t used Bibox before, how it’s attractive?
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