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Topic: Trading Exchanges for newbiee - page 7. (Read 14717 times)

hero member
Activity: 3052
Merit: 651
October 01, 2018, 04:28:18 PM
#35
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.
member
Activity: 395
Merit: 14
October 01, 2018, 04:02:15 PM
#34
I'll go for  the known , trusted  and  many  of the members  using  today is  Binance  Wink  because  Binance  is  one the most  popular  crypto currency  exchanges  worldwide and it offers  low trading  fee.
full member
Activity: 350
Merit: 103
October 01, 2018, 03:22:34 PM
#33
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.
full member
Activity: 854
Merit: 115
October 01, 2018, 01:50:42 PM
#32
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
full member
Activity: 882
Merit: 126
★777Coin.com★ Fun BTC Casino!
October 01, 2018, 09:14:23 AM
#31
I would like to add LBC also into the suggestion list to buy bitcoin with fiat,it may not be an exchange but it can also be used fr trading and the beginners can understand about the crypto trading by here,It also helpful for the people who want to start trading and don't know how to buy bitcoin to buy the other trading pairs
hero member
Activity: 1708
Merit: 541
October 01, 2018, 09:06:31 AM
#30
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.
sr. member
Activity: 1680
Merit: 259
October 01, 2018, 08:45:30 AM
#29
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.
sr. member
Activity: 491
Merit: 250
October 01, 2018, 05:33:44 AM
#28
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.
hero member
Activity: 910
Merit: 501
September 29, 2018, 09:24:23 AM
#27
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.
newbie
Activity: 27
Merit: 0
September 29, 2018, 08:28:13 AM
#26
KuCoin is also a good crypto market/exchange with nice platform like in Binance, and if you are looking solid platform for FX choose MT4 on any FX Brokers (many brokers offers crypto too, but spread is to high in my opinion)- but choose good broker like ECN, STP with regulation, unfortunately many fx brokers is not that  good as they describe, but if you want then you will find a good one.
legendary
Activity: 3318
Merit: 1128
September 29, 2018, 07:51:30 AM
#25
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.
Sometimes, trading on different exchanges helps you to spread the risk, rather than just putting all your trading money into one single account.

All exchanges cannot be hacked or have problem at the same time, and the fact remains that you do not have any control over your funds since exchanges are centralized, so in that case, so as not to lose all your trading funds, should incase an unfortunate incident happens to such exchange, makes it quite important to at least trade on 2 to three different exchanges.

For me, I would say, Bittrex, Binance and Kucoin have been doing it for me, and I feel Kucoin is one exchange that is really growing in volume at the moment which the OP did not also mention.
sr. member
Activity: 714
Merit: 261
September 28, 2018, 11:49:53 PM
#24
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.
full member
Activity: 407
Merit: 100
DIA | Data infrastructure for DeFi
September 28, 2018, 09:00:43 PM
#23
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.
legendary
Activity: 1526
Merit: 1179
September 28, 2018, 06:54:29 PM
#22
I have complaints about bitfinex, they ask for many things to verify account, it becomes tiring.
I hope you didn't actually proceed with providing them your personal information even though you say you're only using Kraken and Bittrex right now. Bitfinex has done nothing to gain back their confidence in a honest manner.

It's crazy when you think about how the largest exchange based on USD volumes excludes US registrants. An exchange that 'successful' should be able to obtain the legal approval to operate within the US easily.

The fact that they aren't even attempting it, which would result in an overall audit, tells me that there is a shady incentive for them to stay away from the US as far as they possibly can. There are much better alternatives available.
full member
Activity: 2548
Merit: 217
September 28, 2018, 06:48:38 PM
#21
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.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
September 28, 2018, 06:15:51 PM
#20
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

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
hero member
Activity: 798
Merit: 503
September 28, 2018, 06:04:28 PM
#19
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.
full member
Activity: 392
Merit: 100
September 28, 2018, 12:12:56 PM
#18
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.
copper member
Activity: 308
Merit: 1
September 28, 2018, 05:24:00 AM
#17
I think bittrex is still a good exchange, they have enough volume and have been trusted having been so long in the exchange business, would have loved they have an app like binance
jr. member
Activity: 182
Merit: 1
September 28, 2018, 04:46:18 AM
#16
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
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