Trading Exchanges for newbiee - page 6.

Gloria99734

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Quote from: Wiwendefak on October 01, 2018, 04:22:34 PM

Quote from: FlamingFingers on September 27, 2018, 06:30:10 AM

To be honest, I would stay as far away from Bithumb as possible. Too many security breaches (at least two successful hacks) and more than USD$31 Million stolen by hackers (that's the disclosed number; who knows how much hackers had stolen in 2017). That's not an ideal platform to put your money on to, in my humble opinion.

I would add Bittrex as well—trading for two years on that exchange, and never had an issue, it is one of the top.

You are right. I Don't know why everyone suggests and supports Bithumb exchange. Such a bad crypto exchanger it is. This exchange already hacked two times this year, and hackers took 31 Million USD, We can see another hack in this year, who knows. Bittrex is far better than this overrated exchange! I will never trade in this exchange because I don't believe, even they can steal user's money and then announce hacker hacked everything! We really don't know about it.

Bithumb was a great platform... I use it for a period as loyalty or something
I will take it out of the list, thanks for sharing!

Gloria99734

jr. member

Activity: 58

Merit: 2

Quote from: Rohtox on October 01, 2018, 02:50:42 PM

binance is very good i trade there every day. with a large volume it is very good to pump prices quickly for a 1-2% profit a day that is very possible in binance. i love binance Grin

Hahahaha I love Binance too! Grin

Really ideal platform so far, looking on their own block chain

Gloria99734

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Activity: 58

Merit: 2

Quote from: CodyAlfaridzi on October 01, 2018, 10:06:31 AM

Quote from: Gloria99734 on September 27, 2018, 05:18:14 AM

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

I would recommend KuCoin. Kucoin doesn't have much difference than Binance, just coin availability option. It is a relatively small exchange with good potential. If you have some spare money and looking to invest in some business-backed coin, I suggest you to buy KCS (Kucoin share).

One more thing, just in case there's anyone looking for a leveraged trading platform, I highly recommend Bitmex. They are one of the exchanges with the largest volume so no need to worry for liquidity. Another reason to choose Bitmex is that they don't ask for ID verification. You can simply make account, deposit, and start margin trading. Most importantly, they are very trusted.

I don’t know Kucoin is that popular! Is it trustworthy?
Bitmex almost 100% vol on BTC, not that attractive for me haha

Gloria99734

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Activity: 58

Merit: 2

Quote from: kevpantof on October 01, 2018, 06:33:44 AM

Quote from: Gloria99734 on September 27, 2018, 05:18:14 AM

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

I really do not know much about the last two you mentioned, but for bitfinex and binance, these are good exchanges that have been able to do well over time. I strongly recommend binance as well based on liquidity, trading fees, and then the support which is pretty good for me.

The UI too is okay but since I am always using APIs to trade on tabtrader, I usually do not pay so much attention on the exchange UI. For bittrex, based on loyalty, and reputation, this is one exchange I will never stop using, and even though sometimes, the fees in binance has spoiled me, I still feel confident with the bittrex exchange.

Last two EX are from Korea, I found they offer a more attractive selling price!
I have add info on #1 Grin

Gloria99734

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Activity: 58

Merit: 2

Quote from: Ponti on September 29, 2018, 10:24:23 AM

I would also like to add some stand-alone analysis platforms which are way more sophisticated, if you are interested in a more serious crypto analysis. I would suggest tradingview.com which definitely has more technical tools than “standard” ones on the Binance. You can also try tensorcharts.com which in my opinion is one of the best if you know how to perform volume analysis.

Are they more complex? Thank you for sharing, I will take a look

Gloria99734

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Activity: 58

Merit: 2

Quote from: elewton on September 28, 2018, 10:00:43 PM

I used poloniex ( not recommend because it's doesn't update for a long time. so laggy. everything need KYC). now I'm moving on to Binance. don't need to do KYC things and you still can withdraw 2 btc/day.

Binance need KYC when you withdraw
Poloniex is more prudent and too trouble if we trade low vol. , Large vol. trader may love it Grin

Gloria99734

jr. member

Activity: 58

Merit: 2

Quote from: frowsiter on September 29, 2018, 12:49:53 AM

Quote from: Gloria99734 on September 27, 2018, 05:18:14 AM

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

Gotta say, almost everyone has Binance in their list and why it wouldn't be after seeing its progress around the world. Bianance CEO is kind enough to spread his business around the globe and already talking with the banks to have the fiat to crypto and crypto to fiat option opened up for the world. I guess there couldn't be better option than this and no exchanger is even thinking about it that way. Binance also came later in the time when others were doing well but still it easily caught the market secured its place in top 3. So yeah surely it is the most recommended exchanger and one can always feel free to start with it before even going anywhere.

Yeah, I look forward to they will use their own blockchain soon!

Gloria99734

jr. member

Activity: 58

Merit: 2

Quote from: kotajikikox on September 28, 2018, 07:48:38 PM

Quote from: Gloria99734 on September 27, 2018, 05:18:14 AM

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

Binance is the most trusted and popular excahnge at this time number one people choice because they gives better services. I also recommend the newly and realable platform exchange with full security feature nexybit trading platform.

I never heard it before, why you recommend it.

Gloria99734

jr. member

Activity: 58

Merit: 2

Quote from: Slow death on September 28, 2018, 07:15:51 PM

I have complaints about bitfinex, they ask for many things to verify account, it becomes tiring. bittrex is also a good exchange, but last year it had a lot of problems and turned out to be a dangerous exchange. we have to show the worst exchanges and in my opinion yobit should is the worst exchange in the world, they are a shame for crypto

Quote from: LSt56 on September 28, 2018, 01:12:56 PM

I prefer to trade at Bnance and Bittrex. Besides having a high trading volume, the security of both exchanges is also good as well as excellent user service.

I also only use these two exchanges, I can not use kraken and I gave up poliniex

Why? What you from?

Gloria99734

jr. member

Activity: 58

Merit: 2

Quote from: EXtremeAEX on September 28, 2018, 07:04:28 PM

Quote from: AdamRay on September 27, 2018, 05:24:39 AM

Quote from: Gloria99734 on September 27, 2018, 05:18:14 AM

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.

For stable and profitable work in the future, any trader will need several exchanges for several reasons:
1. There are different trading pairs on different exchanges.
2. On some exchanges there is direct input of fiat (sometimes it is very important and convenient).
3. Sometimes all exchanges conduct technical work. Using several exchanges, you will be able to trade even if some of them will conduct technical work.
4. Sometimes exchanges are exposed to hacker attacks. Therefore, you need several exchanges, this will give you the opportunity to always have access to at least part of your deposit.
5. Different exchange rates. Sometimes the exchange rate of a particular currency is very different from the exchange rate on another exchange, so you can profitably sell and buy the currency back.

Very useful! Thank you.
I have add it on #1

Gloria99734

jr. member

Activity: 58

Merit: 2

Quote from: Binugon on September 28, 2018, 05:46:18 AM

Quote from: Gloria99734 on September 27, 2018, 05:18:14 AM

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

The four platforms are good enough but I will add another one which is OKEx launched by large Chinese bitcoin company, this application maintains strong liquidity in the CNY / BTC pair and manages two main entities including a focus on China's main domestic and international markets, due to exchange it is one of the largest crypto exchanges in the world

Really? I can't found CNY / BTC pair there. Which one?
It banned many countries, so I can't use it.

Gloria99734

jr. member

Activity: 58

Merit: 2

Quote from: randythered on September 28, 2018, 05:31:27 AM

Binance is by far the best when considering everything, the fees are cheap and the interface is clean and efficient. The only thing that slightly lets binance down from a traders point of view is their selectivity in listing coins, I understand their reasoning but it is a shame not to be able to trade some of the lesser-known lowercap coins on binance. Instead we're left with low volume, shady exchanges that charge far too much in fees.

It can show the quality of their listing coins, i dont really mind Cheesy

karungbitcoin

full member

Activity: 588

Merit: 100

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.

tenakha

hero member

Activity: 1470

Merit: 509

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.

herfie.chen

member

Activity: 672

Merit: 10

simply getting the job done

I have tried many exchange platforms, in my opinion only Binance is the best exchange platform. It's easy to trade and have a high volume transaction.

Domicbora

newbie

Activity: 81

Merit: 0

Quote from: Gloria99734 on September 27, 2018, 05:18:14 AM

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

I just came across a comment saying that we shouldn’t have different exchangers and that everyone should be trading only on one exchanger. Well, that’s not going to be possible, everyone is entitled to making their own choice. We can’t have only one exchanger, there supposed to be different exchangers and they are not going to be offering same services like the other just like the op stated that Bitfinex doesn’t have much coins available, but there will be something good about them, a way that they are beating others. So it’s left for you to choose what you like.

prtty2gal2

hero member

Activity: 1092

Merit: 523

Quote from: kotajikikox on September 28, 2018, 07:48:38 PM

Quote from: Gloria99734 on September 27, 2018, 05:18:14 AM

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

Binance is the most trusted and popular excahnge at this time number one people choice because they gives better services. I also recommend the newly and realable platform exchange with full security feature nexybit trading platform.

Among all the world class crypto exchanges we have few exchanges which are highly rated and best recommended due to the user friendly services. As a human being we always go for easy works as if there is a simple way that can help you out with the same result that is from other difficult way then we choose the easy way. Here Binance and Bittrex are the two highly rated exchanges which are simple in use and several other features are making it our first choice.

imjacksmith

brand new

Activity: 0

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Binance,BitMEX,Coinbase they are good but i prefer, Binex.Trade its an exchange platform, it is one of a kind and only platform wherein they share 70% trading revenue commission to their token holders.
everyone should Check out Binex.Trade : https://www.binex.trade/

BaraxLo

hero member

Activity: 910

Merit: 512

Quote from: Gloria99734 on September 27, 2018, 05:18:14 AM

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

I agree with the one mentioned in the beginning that is recommended strongly known as Binance exchange which is highly rated and people around the world love it very much due to several facilities it has for us. As we have Human nature always go for easy ways and shortcuts do the same here among many exchanges we choose it due to its simple use and large volume availability is adding more to it.

Timmzzy

member

Activity: 785

Merit: 34

SOL.BIOKRIPT.COM

Quote from: Gloria99734 on September 27, 2018, 05:18:14 AM

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

When I started trading my own platform was bittrex which was the most recommended when it comes to security reasons back when binance was coming up it got lots of hacking threats all round. But in my own pick I will go for binance and bittrex the rest I can't really speak for.

Topic: Trading Exchanges for newbiee - page 6. (Read 14702 times)