Topic: Which trading platform is good for beginners? - page 2. (Read 309 times)

No, not yet and I think, I don't bother myself to try then, not for now. I'd rather stick to the exchanges where I feel comfortable and secure which is very important.

Reviews are somewhat important but some of these reviews are paid reviews that is why I don't give a full shoot to these. I don't even hear about these platforms and showing trust is very hard especially when it was new to me.

It was very important to use platforms that we know there is a strong support system. It is somewhat hard when only bots just answer your query and problems.

After reading a reply from @Jawhead999, I realized that what the OP mentioned were automated trading platforms. No wonder I've heard of Coinrule but have never used it so far because I'm not/not yet interested in using an automated trading platform like that.
And although automated trading platforms like Coinrule can be applied to several exchanges such as Binance, Kraken, Coinbase Pro, and other exchanges.
However, this seems to be a free automated trading platform, so it certainly has its drawbacks and some risks, maybe higher risks.

In my personal opinion, some of these automated trading platforms are:
1. Don't just believe the reviews on some websites because we don't know whether they are really objective or not. Moreover, there are some reviews stating that the platform is difficult for beginners.
2. Don't just rely on automated trading platforms (bots) because after all (especially this is free), it will not guarantee high profits, especially since this usually requires some basic knowledge. So if you are a beginner and don't know for sure about it, it is better to avoid it. Try to learn at first about crypto trading manually.
3. How about the effectiveness? Tried once or twice can't say that the bot is very helpful. Pay attention to the elements of the risks as well.

I certainly do not know about the trading platform you provided but I have experiences trading on the platform that cryptoaddictchie provided. Pancakeswap is much the same as uniswap when you exchange a crypto to another crypto. You can also try binance as many have used it already and also support different crypto and also bitcoin if you are going to trade bitcoin only.

Never heard about this and I also cannot find them on CMC or even CoinGecko.
And because it is for beginners, I will suggest you choose top reputable exchanges to lower the risks of scams or even fake exchanges.
Let's see the lists on Coin market Cap or CoinGecko right here in order to see which are more reputable and popular based on ranks.
https://coinmarketcap.com/rankings/exchanges/
https://www.coingecko.com/en/exchanges

I reckon binance is good for newbies. With those that have been mentioned, I don't know any of those. Newbies should be vigilant and critical in choosing their very first exchange to trade with.
I've seen newbies got it wrong that they've joined a wrong exchange which many aren't aware of and that's why their very first experience is discouraging and putting them much down because they don't want to try it again. They've just chosen the wrong exchange that scammed and that's why it's vital to choose as a starter so stick with the best exchanges like binance, kucoin, ftx, coinbase, etc.

I think the best trading platform for beginners are binance and coinsbit exchange With my little experience I had so far. I may also describe myself as newbie because I just joined Bitcointalk forum some few months ago. But for me I found this two exchanges very easy to understand and trade there.their are many outside there but with the few I found, I am be able to trade on this Binance and coinsbit exchange easily and believe their well secured.

@OP revise your topic trading platform to trading bot, trading platform is exchanges that why above people recommending exchanges.

There's no such good trading bot for beginner, expert etc because trading bot will give you indicator, technical analysis, notifications etc to help you in trading. If you don't understand with trading indicators, they it's just wasting your money since it don't help you anything. Consider to use free bot (e.g. gekko and zenbot) before the paid one.

Thank you for your reply.
I'm a beginner and those platforms can help me about trading and make money.

2nd to that. Maybe OP is recommending these platforms all because of the reviews he read?  Or could it be that he is related to these links.

As much as people hate filling up KYC from exchanges, they still like Binance because of the volume there and their tokens are often listed on Binance. Whether they are trading BTC or altcoins, Binance is a perfect place for all.

Thank you for your reply.
Those platforms are automated trading platforms.

Actually not familiar with all you mentioned. But if you are going to have a trading platform for beginner then binance and kucoin are up for beginners if you want a centralized market. But if you pick a decentralized and want to trade some altcoins aside from bitcoin then there are uniswap, pancakeswap, Spiritswap and Joe trader are those good for beginner.

Hello,
I found some trading platforms like "TradeSanta", "Coinrule" and "CryptoHero".
Does anyone have experience working with these platforms?
I found some reviews as following:

TradeSanta:
https://www.trustpilot.com/review/tradesanta.com
https://www.benzinga.com/money/tradesanta-review/

Coinrule:
https://www.trustpilot.com/review/coinrule.com
https://www.economywatch.com/bitcoin-robot/coinrule

CryptoHero:
https://www.benzinga.com/money/cryptohero-review/
https://sourceforge.net/software/product/CryptoHero/

Any idea?


Thank you.