Which exchange is best for trading? - page 2.

sheenshane

legendary

Activity: 2492

Merit: 1232

I suggest you have your own research on this and here's my tip upon choosing a good exchange.

Here's what you must consider before picking the best exchange.

Go with the higher security
Have a SAFU(Secure Asset Fund for Users)
Hight volume and liquidity
Variable and transparent fees or beware of Fees and Pairs
Easy to access and good UI for new users
Non-KYC for small traders at least below 2 BTC

Additionally, if you aren't ready yet, just try copy trading on the Etoro exchange platform. You can simply copy from the experts trading open accounts the same as yours, this might work for newbies with a small amount to start, but I don't know how much the minimum amount before you can start in copy trading.

Renampun

sr. member

Activity: 2338

Merit: 365

Quote from: Raihan.arh on May 28, 2021, 01:15:47 AM

I am new in this sector. Learning a day by day. I have interest in trading. Many of my friends suggested me different exchange. So now i am confused. Can yoy help me to find out a Best exchange for trading?

binance, kucoin, and ftx...

I highly recommend you to use the three exchanges that I say, proven safe, complete, fast, and most importantly have a good reputation.

joniboini

legendary

Activity: 2170

Merit: 1789

I think your friend's suggestion is probably targeted for arbitrage trading. If you're not familiar with it, using one of the top 5 should be good enough. On top of that, you should ask yourself what's the purpose of your trading. If you're planning to increase your crypto holding, then you don't have to find an exchange with fiat support and get troubled with KYC.

sujonali1819

legendary

Activity: 2436

Merit: 1189

Need Campaign Manager?PM on telegram @sujonali1819

To trade in centralised exchange personally I have a good experience in binance. And you can see most of the user here suggested binance as best. So you can choose this without any confusion. Here you can trade without KYC and the limit is also enough good for a normal trader.

And I used kucoin several times. This also good. But yes obviously not more than binance.

If you want decentralised exchange then uniswap, 1inch is good.

Reid

hero member

Activity: 3052

Merit: 651

Binance won again. Cheesy

Kucoin is also good. One of the long-running exchanges out there. User-friendly with a good UI.
It's not as better as Binance because of the broad number of coins that were listed in their exchange but if we talk about trust, yes they are one of the legitimate ones that had been competing in the exchange industry for a lot of years.
OKEx is also good with $8B of volume. Try every one of those and see where you are comfortable.

Ararbermas

sr. member

Activity: 2016

Merit: 283

Quote from: Raihan.arh on May 28, 2021, 01:15:47 AM

I am new in this sector. Learning a day by day. I have interest in trading. Many of my friends suggested me different exchange. So now i am confused. Can yoy help me to find out a Best exchange for trading?

you must try binance and latoken because i have some experience on that both exchange and they're legit especially binance but when it comes latoken there are some problem sometimes but so far its smooth when it come trading even through your phone only wherein had more indicators you can use as well unlike mobile app of binance.. However if your using desktop then i suggest to choose binance because its more accurate especially when it comes the volume and etc..

goaldigger

sr. member

Activity: 2422

Merit: 357

Quote from: Raihan.arh on May 28, 2021, 01:15:47 AM

I am new in this sector. Learning a day by day. I have interest in trading. Many of my friends suggested me different exchange. So now i am confused. Can yoy help me to find out a Best exchange for trading?

Best exchange will always depend on your location since some exchanges are not available on a specific location so better to look for the available site first and decide later on. Here's the list of exchanges available on coinmarketcap https://coinmarketcap.com/rankings/exchanges/ - Do your own research about those exchanges and after doing this, know what's best for you.

rhomelmabini

hero member

Activity: 2030

Merit: 578

No God or Kings, only BITCOIN.

You better head at Binance as I know they really are that beginner friendly and don't forget to add on the installation the Binance Academy app as they should be in tandem especially you're still at the earliest stage. Don't jump into trading without basic knowledge as you might get a piss on your shirt if market goes down again and you bought at the top.

I'd recommend Binance but there are other exchanges out there but as a precaution better to get on demo trading first before hoping into the realm of real trading.

Kittygalore

member

Activity: 868

Merit: 63

Quote from: zanezane on May 28, 2021, 01:40:37 AM

I thunk Binance is what I can recommend to you because it's much more easy to navigate and the mobile version is compact and you have all the needed numbers on the screen to do your trading but if you are a newbie

Binance is the most used exchange in my country so I think that it is enough testament to add to support @zanezane's recommendation of exchange.

Maslate

hero member

Activity: 2954

Merit: 672

Message @Hhampuz if you are looking for a CM!

Quote from: Raihan.arh on May 28, 2021, 01:15:47 AM

I am new in this sector. Learning a day by day. I have interest in trading. Many of my friends suggested me different exchange. So now i am confused. Can yoy help me to find out a Best exchange for trading?

That probably confusing coz of its numbers but it is a need for you to choose 1-2 exchanges, you can find it here https://coinpedia.org/information/top-cryptocurrency-exchanges/

It is a need for you to decide which one you feel satisfied with, the one that you feel comfortable with, not only because of its name and rank but it is you think that was easier for you to manage. The majority might suggest Binance, indeed a good and reputable exchanger but not sure if you feel at ease with this exchanger. Well, of course, you can't tell anything if you don't try them.

Mart1ncrypto

newbie

Activity: 48

Merit: 0

Quote from: Raihan.arh on May 28, 2021, 01:15:47 AM

I am new in this sector. Learning a day by day. I have interest in trading. Many of my friends suggested me different exchange. So now i am confused. Can yoy help me to find out a Best exchange for trading?

Greetings. You need to determine the criteria by which you will determine which exchange suits you for trading. For example, security and low fees or no verification. Next, you need to compare between the best exchanges based on the choice of criteria. This tool is great for comparison.

Xinarae*

sr. member

Activity: 1414

Merit: 326

The best exchange site for business is binance the risk here is much lower and binance is a top cryptocurrency exchange for cryptocurrency traders and enthusiasts to buy and sell different types of cryptocurrencies at low prices. Fees are much lower here than in other exchange sites and the risk is lower for beginners they exchange securely there is no fear of being scammed. Binance is best suited for people who want to trade or invest in lesser known altcoin.

MusaMohamed

sr. member

Activity: 966

Merit: 306

Remitano is for crypto to fiat exchanges or fiat to crypto exchanges. It is not a real crypto exchange.

Crypto exchanges that are best to trade. Binance, Kucoin, Gate.io and MXC. Gate.io is very friendly with USDT trading pairs for altcoins or tokens. MXC is friendly with new projects.

Mistafreeze

sr. member

Activity: 897

Merit: 284

Quote from: Zilon on May 28, 2021, 02:15:16 AM

I might recommend a few exchange to you but doing your own research will keep you at the top of the game.

remitano

Isn't remitano a p2p exchange? I've been using it for year's now only for p2p and swapping coins, they offer nothing else, and with the constant $30 transfer gas for btc on remitano it's very difficult to recommend a site like this to a newbie.

The best crypto assets trading site right now is Binance because of its high liquidity and security and it's also user friendly

Jawhead999

legendary

Activity: 1820

Merit: 1207

Quote from: Raihan.arh on May 28, 2021, 01:15:47 AM

Many of my friends suggested me different exchange. So now i am confused.

It would be better if you mention those exchange that has been suggested by your friends, so we can evaluate which exchange is better.

In my opinion if you want to trading, of course it need high liquidity, many pairs, and low trading fees... right now Binance is good for those requirements. Use it as a exchange, when you got much profit you should hold it on your non custodial wallet. Since you're from Bangladesh and crypto is illegal in there, ifyou want to cash out you could use P2P exchanges or trade P2P in this forum, make sure you use escrow to prevent from scammer.

Kopetunto

member

Activity: 630

Merit: 10

Quote from: zanezane on May 28, 2021, 01:40:37 AM

I thunk Binance is what I can recommend to you because it's much more easy to navigate and the mobile version is compact and you have all the needed numbers on the screen to do your trading but if you are a newbie, I would suggest that you should probably practice trading on paper trading sites because you might lose a lot of money if you jump right in.

It's true I would also recommend the same thing, namely Binance because I don't think it's much of a problem anyway,
besides that Binance has proven to be a great exchange as many people use it,
I only suggest that apart from that it all depends on your decision

Zilon

sr. member

Activity: 966

Merit: 421

Bitcoindata.science

First before considering which exchange is preferable for trading you should seek which of the exchange has a better academy that can possibly put you through before trading your hard earned fiat on any of them. Also you should look out for exchange that has more coins listed for trading on their exchange. I might recommend a few exchange to you but doing your own research will keep you at the top of the game.

remitano
coin base
kucoin
binance

Take your time, do you findings get knowledgeable about trading and the risk involved before taking the risk

zanezane

full member

Activity: 868

Merit: 150

★Bitvest.io★ Play Plinko or Invest!

I think Binance is what I can recommend to you because it's much more easy to navigate and the mobile version is compact and you have all the needed numbers on the screen to do your trading but if you are a newbie, I would suggest that you should probably practice trading on paper trading sites because you might lose a lot of money if you jump right in.

electronicash

legendary

Activity: 3178

Merit: 1054

most of the traders are in binance.com, which must be the ones that everybody will suggest as well. this is because of the volume it has and the exchange already established trust in the community. there had been several threads like yours in the past and the exchange that usually comes up is binance.

there are more exchanges, once you knew one and familiarized with its interface, you already know all of them.

Raihan.arh

jr. member

Activity: 644

Merit: 1

I am new in this sector. Learning a day by day. I have interest in trading. Many of my friends suggested me different exchange. So now i am confused. Can yoy help me to find out a Best exchange for trading?

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