I guess since you are a newbie, I would suggest to stick first with Binance so you dont have to worry about the gas fee. You can even fund Binance using your creditcard. Then later on you can start investing using your metamask or buy a Trezor wallet for added security.
are you giving op the platform to buy or you are informing op the exact wallet the bought can be served without hacked, because i really don't comprehend exactly your point. If actually it's a place were he can get or purchase a coin through all exchanges, i think you are right by recommending binance,but we have numerous exchange were purchasing of cryptocurrency can be done with much disturbance or trouble. 
Topic: Trading Platform? - page 2. (Read 854 times)
Choosing a good exchange platform to start trading is one of the aspects that we must consider carefully. This will really influence the security of our assets. I personally will not choose the two exchanges, they are not popular. I will prefer to choose Binance as the top option. Although we cannot also guarantee that Binance is fully secured because this was also ever hacked, at least, we have to know its reputation. Alternatively, there are also some other top exchanges that we can use. You can check them on the Coin Market Cap. there are top lists of exchanges, both CEX and DEX.
Additionally, besides about the security system, it is also about the options of trading pairs, easiness of other transactions, and also fee for transaction.
Additionally, besides about the security system, it is also about the options of trading pairs, easiness of other transactions, and also fee for transaction.
If you are new to trading I would suggest to create an account in Kucoin , Crypto.com or Binance so you dont have to worry about the gas fee. If you have a long term mindset in investing I would suggest to go to pancakeswap but it is a little bit technical to learn.
Binance is a good option for every newbie, this is very friendly and you can easily understand how this platform works but without any trading knowledge, I believe you will still find it hard no matter what exchanges you are using so better start learning how to trade first. Choosing trading platform should only be your second priority since learning should always comes first.Also, this is one of the most famous crypto platforms that we do have today and there's no doubt on that and this is why they are getting that much popularity of this community because they offer
the best service in terms of functionalities which the crypto community do really look for and also there's kucoin which is also good.
If you are new to trading I would suggest to create an account in Kucoin , Crypto.com or Binance so you dont have to worry about the gas fee. If you have a long term mindset in investing I would suggest to go to pancakeswap but it is a little bit technical to learn.
Binance is a good option for every newbie, this is very friendly and you can easily understand how this platform works but without any trading knowledge, I believe you will still find it hard no matter what exchanges you are using so better start learning how to trade first. Choosing trading platform should only be your second priority since learning should always comes first. Hi guys, I am new into Crypto, I wanna know which platform has low gas fee .. my budget is very low which is just 120$ .. I do not want to throw them into trash, but I like to embark on any platform which gives good returns, like Exness or Position exchange. I was reading an article on https://detailsnreviews.com/crypto-exchange-okcoin-launches-a-free-trading-nft-marketplace/ , do you think it is good to start with 120$?
First off, welcome here in the crypto world. Secondly your budget which is 120 usd is not very low in my opinion but that was a nice budget to start with. With that budget you will not worry about the gas fees because you can end up buying a good amount of coins before that budget runs out. Is that posi?The position exchange you're talkin about? I already heard of this once but this was not used by the many so I will be careful on using it while for the other exchange which is called exness, I guess this is new? but like posi, I will also be careful on this one. On the article it says free trading but that was only for nft's and not for the typical cryptos. Sorry but I can't recommend nft to you this time.
Gas fees are for blockchains. Trading fees are for an exchange.
If it's exchange fees then Binance might have the lowest using BNB as the tool for it. While if are planning on deposits and withdrawals low fees with little trace of you getting in and out then Kucoin will be a good recommendation.
I have used these two exchanges for a long time and never had a single problem, especially with Binance. My back up had always been Kucoin if ever a coin is not listed on the former.
If it's exchange fees then Binance might have the lowest using BNB as the tool for it. While if are planning on deposits and withdrawals low fees with little trace of you getting in and out then Kucoin will be a good recommendation.
I have used these two exchanges for a long time and never had a single problem, especially with Binance. My back up had always been Kucoin if ever a coin is not listed on the former.
Even though you didn't mention clearly about what kind of coins and platforms your are talking about but based on the replies it looks like you're talking about the NFT trading platform and you know the fee actually depends on the blockchain where those tokens are running so in decentralized exchange the blockchain decide the fee not the exchange itself but for someone who is really want to get into crypto trading for the first time they start with NFTs? Not a good choice in my opinion...
If you are new to trading I would suggest to create an account in Kucoin , Crypto.com or Binance so you dont have to worry about the gas fee. If you have a long term mindset in investing I would suggest to go to pancakeswap but it is a little bit technical to learn.
If I was you, I will choose only the top exchanges and will not risk my money on the low cap trading platform.
Moreover, it is very easy to find trusted and reputable trading platforms so far. We can see from the lists in Coin market Cap or in CoinGecko.
Binance is on the first list and I am sure that many people here also use Binance. Moreover, this also provides many coins and types of trading.
If this is about gas fee for sending tokens or coins, actually every trading platform moreover big exchanges like Binance also gives several options. Ethereum or ERC20 may be one of the highest network fees to transfer. But we can also use BSC, Tron network, and other options provided by the exchanges. Additionally, if this is about trading fees, don't worry because Binance and also other bg exchanges also offer affordable trading fees.
Moreover, it is very easy to find trusted and reputable trading platforms so far. We can see from the lists in Coin market Cap or in CoinGecko.
Binance is on the first list and I am sure that many people here also use Binance. Moreover, this also provides many coins and types of trading.
If this is about gas fee for sending tokens or coins, actually every trading platform moreover big exchanges like Binance also gives several options. Ethereum or ERC20 may be one of the highest network fees to transfer. But we can also use BSC, Tron network, and other options provided by the exchanges. Additionally, if this is about trading fees, don't worry because Binance and also other bg exchanges also offer affordable trading fees.
The gas fee really depends on the network you are using. Dex doesn't charge much. Also, there is a risk of the fake token on dex, so be careful. Since you aren't much experienced better to use reputed CEX like Binance where you don't need to spend the gas fee. I have been using Binance and no issue still now. But you have to provide KYC documents for cex. So choose the best option for you.
Depends on the dex, like if you are using uniswap, which is a dex, that means you are trading in the ERC20 network, and it will cost you a lot and the gas fee will be a lot. Maybe not these days, it looks like the price has been lowered a lot recently because of the fall and the lack of volume, but at the time it was definitely something that mattered a lot and the gas fee was a lot.This is why I believe that we should not be really shocked to see some dex platforms being more expensive than the others, one that uses tron or sol or avax will not be equal to something that uses eth or even bnb. Hence there are some differences for sure.
Hi guys, I am new into Crypto, I wanna know which platform has low gas fee .. my budget is very low which is just 120$ .. I do not want to throw them into trash, but I like to embark on any platform which gives good returns, like Exness or Position exchange. I was reading an article on https://detailsnreviews.com/crypto-exchange-okcoin-launches-a-free-trading-nft-marketplace/ , do you think it is good to start with 120$?
I would not say $120 is too less, but considering the value of bitcoin its tiny amount. You should start holding and day trading with it and profit something out of that way. These days fees are off the roof, and you could end up loosing the money on the transactions itself. There is always taker and maker fees on the exchangers and for this purpose just buying the coins and holding them into wallet could be best idea.
Definitely others who are more regular trader will suggest you better way out of this but if I was you and I only had 120 bucks to spend into crypto then I would have just spent it on coin like bitcoin (1st priority) and then may be DOGE, MATIC etc. But that's also out of holding.
My suggested exchanger is Binance.
The gas fee really depends on the network you are using. Dex doesn't charge much. Also, there is a risk of the fake token on dex, so be careful. Since you aren't much experienced better to use reputed CEX like Binance where you don't need to spend the gas fee. I have been using Binance and no issue still now. But you have to provide KYC documents for cex. So choose the best option for you.
Hi guys, I am new into Crypto, I wanna know which platform has low gas fee .. my budget is very low which is just 120$ .. I do not want to throw them into trash, but I like to embark on any platform which gives good returns, like Exness or Position exchange. I was reading an article on https://detailsnreviews.com/crypto-exchange-okcoin-launches-a-free-trading-nft-marketplace/ , do you think it is good to start with 120$?
What do you want to actually do with the money? Do you want to buy coins and keep them invested or do you want to buy NFTs and keep them with you or just want to buy bitcoin and hold it. Platform would depend on that only, if you are into NFT which I think you are probably looking for then go with Sol NFTs or Near NFTs they have comparably lower gas fees and can give good profits you can use solanart for Sol NFTs they have low fees so you would not burn a lot of cash.Now a really good option is a platform from the Amarkets broker. At least, this option seems to me quite interesting and profitable.
I checked your last 10-20 posts and you seem to be promoting/shilling about Amarkets a lot. Not sure what they offer but no exchange can be profitable because it depends on the trader what they do and how they strategize which brings profits or losses. I really hope you are not shilling for Amarkets because this is called paid spamming and you could be negatively tagged as well for doing so.I see a lot of people suggesting Binance, FTX, etc but remember these are all centralized exchanges and I personally prefer to use DEX as much as possible since you control your coins. But yeah trading with $120 means you cannot afford to lose too much money on gas so might be viable to use centralized exchanges like binance for the time being and once you have a good trading bankroll, shift to DEX.
that amount of capital is ok mate and if you're looking for an exchange with low fees i think bybit and binance will suit to your needs especially when it comes trading different assets. But since you're a newbie, i suggest make research first how trading really works. Watch some video for sure it can help.
Regards
Yes, if anyone from my circle of friends or relatives asking to where can they start to learn trading, I always says binance. It is know worldwide, even well-known personalities in our country uses that exchange. I started trading $100, I experienced losses with this investment because I only listen to so called influencers that time, but then I learned my lessons and I am now studying the chart so I can prevent too much losses in trading. Regards
Hi guys, I am new into Crypto, I wanna know which platform has low gas fee .. my budget is very low which is just 120$ .. I do not want to throw them into trash, but I like to embark on any platform which gives good returns, like Exness or Position exchange. I was reading an article on https://detailsnreviews.com/crypto-exchange-okcoin-launches-a-free-trading-nft-marketplace/ , do you think it is good to start with 120$?
Isn't that FTX still has the lowest fee? I never heard those exchanges you mentioned but exchange like Binance and FTX has low fee but it will not be same as the gas fee because exchanges use the batching system and also they may ask more than actual fee needed because they call it as withdrawal fee.But you don't have to withdraw money after every trade especially when you have low capital just trust the reputed exchanges which is worth for few hundreds in my opinion when you have the intention of further trading in near future.
FTX was said to have free trading fees. I have not tried but its what they advertise AFAIK. That should be a good place to start as they also have substantial volume.
OP however is mentioning about NFT. Its quite unclear what he wanted actually but for me, flipping NFT seem not a fast money making for someone with just $120. But he can sure trade with $120 and with just little spike of price he can already sell. Just keep repeating it as long as he can analyse the market.
Hi guys, I am new into Crypto, I wanna know which platform has low gas fee .. my budget is very low which is just 120$ .. I do not want to throw them into trash, but I like to embark on any platform which gives good returns, like Exness or Position exchange. I was reading an article on https://detailsnreviews.com/crypto-exchange-okcoin-launches-a-free-trading-nft-marketplace/ , do you think it is good to start with 120$?
First of all, $120 is more than enough for someone who is looking to start their trading career. The amount is not too big that you would regret losing while it's not too small either so you will make decisions seriously. I haven't read that article you linked yet but from my understanding yes $120 is perfectly fine to start trading.Secondly, there are 2 types of fees you will find when trading. The one is trading fees which is a very small percentage taken by exchanges for allowing you to trade on their platform and the second is transaction fees which is almost the same on every exchange and you can withdraw in coins that have low fees like TRX instead of ETH which would eat up all the $120 in a few transactions itself.
I myself trade at Binance and had a few issues but none too big to discredit them and I can recommend it to you as well.
Hi guys, I am new into Crypto, I wanna know which platform has low gas fee .. my budget is very low which is just 120$
As a Newbie, I would suggest you to go for Binance. Don't worry about the gas fees there, as you can buy Bitcoins, through your bank card or directly through Peer2Peer deals.
Binance is also famous for it's great layout and security. So for a newbie like you, Binance will be the best choice.
Hi guys, I am new into Crypto, I wanna know which platform has low gas fee .. my budget is very low which is just 120$ .. I do not want to throw them into trash, but I like to embark on any platform which gives good returns, like Exness or Position exchange. I was reading an article on https://detailsnreviews.com/crypto-exchange-okcoin-launches-a-free-trading-nft-marketplace/ , do you think it is good to start with 120$?
What do you want to actually do with the money? Do you want to buy coins and keep them invested or do you want to buy NFTs and keep them with you or just want to buy bitcoin and hold it. Platform would depend on that only, if you are into NFT which I think you are probably looking for then go with Sol NFTs or Near NFTs they have comparably lower gas fees and can give good profits you can use solanart for Sol NFTs they have low fees so you would not burn a lot of cash.
Hi guys, I am new into Crypto, I wanna know which platform has low gas fee .. my budget is very low which is just 120$ .. I do not want to throw them into trash, but I like to embark on any platform which gives good returns, like Exness or Position exchange. I was reading an article on https://detailsnreviews.com/crypto-exchange-okcoin-launches-a-free-trading-nft-marketplace/ , do you think it is good to start with 120$?
Because you are new here, I suggest you not to use these exchanges,Top exchanges like Binance also have small fees for transactions and trading, only a few percent. Moreover, Binance has several types of pairs and many coinslisted. you can utilize the pairs to gain the returns if you can.
Actually, most top exchanges also have small fees, FTX, Kucoin, and Okex, are also the same. You are better to choose those top exchanges than use the non-popular exchanges because you only got them from website reviews. Never only believe n website reviews.
Btw, $120 is enough for a beginner. the important thing is that the money is free money, not your daily money to be used. It means that you are free to use the money at your own risk. Learn whatever is about crypto and trading. Find top traded coins in the top exchanges, never follow the hype. If you are willing to have long-term investment, I will suggest you buy Bitcoin. If you wnat altcoins, BNB can be a good idea. Or, do your own research on mostly top coins.
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