Which Website/Platform you are using for Trading ?

randegibran

sr. member

Activity: 882

Merit: 252

Quote from: tvplus006 on February 04, 2021, 01:52:48 PM

Quote from: GoldenSky on February 02, 2021, 11:22:05 AM

...Personally, I am using Binance. ...

Binance is a really good exchange for trading and it is the main one for many. But one exchange, even a good one, will not be enough to buy new coins for long-term investments that are not represented on the Binance. It is on such exchanges as Hotbit and MXC that such new coins appear first of all, which have a relatively low price.

We need have many exchange account kinds because when any new coins not listed on Binance we can get profit from other exchange, but last morning I arbitrage BTT coin from Binance to my local exchange, this proof we need many exchange market because profit not only coming from trading but some time we can earn from checking different price coin one exchange with other exchange and good for arbitrage.

GoldenSky

newbie

Activity: 13

Merit: 0

Quote from: tvplus006 on February 04, 2021, 01:52:48 PM

Quote from: GoldenSky on February 02, 2021, 11:22:05 AM

...Personally, I am using Binance. ...

Binance is a really good exchange for trading and it is the main one for many. But one exchange, even a good one, will not be enough to buy new coins for long-term investments that are not represented on the Binance. It is on such exchanges as Hotbit and MXC that such new coins appear first of all, which have a relatively low price.

May be. I don't know which coins for long-term investments are not listed in Binance. I am not aware of it.
I am just trading coins which are listed in Binance.

AakZaki

legendary

Activity: 2338

Merit: 1084

zknodes.org

Quote from: semobo on February 04, 2021, 11:30:42 AM

Not tied with any exchanges personally, I do trades on multiple exchanges which include binance as well. Nowadays using mostly p2p platform to avoid the KYC and stopped using Defi for a while due to hike in the fee.

Binance is the best place and doesn't have to deposit KYC to make trades. Without KYC you can also deposit, withdraw and trade up to 2BTC and that's more than enough. P2P is also the best place on Binance. Even if you are not tied to binance, it is better than all the exchanges today.
Regarding DEFI such as uniswap and other DApp exchanges, fees are very expensive and I also avoid them.

tvplus006

legendary

Activity: 2268

Merit: 1655

To the Moon

Quote from: GoldenSky on February 02, 2021, 11:22:05 AM

...Personally, I am using Binance. ...

Binance is a really good exchange for trading and it is the main one for many. But one exchange, even a good one, will not be enough to buy new coins for long-term investments that are not represented on the Binance. It is on such exchanges as Hotbit and MXC that such new coins appear first of all, which have a relatively low price.

beerlover

legendary

Activity: 3052

Merit: 1188

Quote from: AicecreaME on February 04, 2021, 02:41:30 AM

I use different exchangers depending on the availability of the coin I want to trade and the price where it is worthy to be trade. But most of the time, I also use Binance because their design is simple yet elegant which I find easy to use and also they don't force anyone to pass the KYC first before Trading, that's the main reason why I like them. Their customer service as well is superb, in my opinion.

That is how it should be but people do not really realize that they should focus on the coin/token but instead focus on the exchange itself which is wrong if you ask me.

I understand the logic, sure if you like binance (which I really do, they are the best) you could use everything they have and by all means most of your deals will be on binance, anything major like bitcoin, ethereum or anything else they have on their list you can use on binance, but let's say there is this xyz coin that is not on binance, that means you could very well switch to that exchange and start trading on that exchange for THAT coin only, still go ahead and use binance if you want to with the ones binance offers, but for that specific coin you could have another exchange, and another coin with another, by the end you could have like 5 exchanges, 1 binance for everything they have and 4 others for 4-5 coins binance doesn't have.

randegibran

sr. member

Activity: 882

Merit: 252

As bounty and airdrop participants I use almost exchange right now, from binance until dapp exchange I use now because depend on which one my coin received from bounty and airdrop listing, when getting coin listed on Uniswap I have use uniswap although have to pay fee more two time and need have to use much money there.

semobo

full member

Activity: 1498

Merit: 146

Not tied with any exchanges personally, I do trades on multiple exchanges which include binance as well. Nowadays using mostly p2p platform to avoid the KYC and stopped using Defi for a while due to hike in the fee.

DarkDays

legendary

Activity: 2030

Merit: 1189

Quote from: Betaj00 on February 02, 2021, 12:50:07 PM

Absolutely Binance exchange, we know that Binance is the number one cryptocurrency exchange on the crypto world. Everybody use Binance exchange for most security, and we know that its very secure exchange. Also Binance exchange is very comfortable we can use this exchange with very easy.

I agree Binance is a good place t trade either as a new trader with little experience or a renouded trader. I also enjoy trading on Poloniex, not all the coins are listed there but it does give me more flexibility. Similar to Binance it has fiance options where you can lock your capital for earning in interest rates, so not bad.

doomloop

hero member

Activity: 2408

Merit: 584

Quote from: GoldenSky on February 02, 2021, 11:22:05 AM

Which website/Platform you are using for trading ?
What are the benefits you experienced in your trading platform/website ?
Personally, I am using Binance.

I am also making use of Binance exchange, and one other thing I’d like to add to your list is that they have a mobile app which makes it even more easy to trade cryptocurrencies. Ever since I started making use of the mobile app I hardly use my computer for trading, because having the mobile app has really changed the way everything works, I just pick up my phone and even while lying down on my bed at night I trade easily.

Before Binance I have used Luno exchange and Coinbase. Luno was really good for me, except that they don’t have much cryptocurrencies that are available trading, so I switched to Binance.

AicecreaME

sr. member

Activity: 2436

Merit: 455

I use different exchangers depending on the availability of the coin I want to trade and the price where it is worthy to be trade. But most of the time, I also use Binance because their design is simple yet elegant which I find easy to use and also they don't force anyone to pass the KYC first before Trading, that's the main reason why I like them. Their customer service as well is superb, in my opinion.

E D I T: I'm not promoting Binance or anything.

tastycereal

newbie

Activity: 14

Merit: 0

For me, what I truly use to trade is kucoin particularly in cryptos like btc, ethand ltc..

since contrasted with others, aside from the standard support and services they likewise offer merchants lower fees. Obviously, it actually relies upon what cryptocurrency been used.

also, the platform is truly simple to navigate, and honestly, this exchange is really good for more genuine brokers, as it has bunches of features to analyze pricing trends.

Oshosondy

legendary

Activity: 1624

Merit: 1200

Gamble responsibly

Quote from: Renampun on February 03, 2021, 03:02:42 PM

Apart from Binance, Bitstamp also recommended...
I have never used Bitstamp, I am an active user on Binance but some trader friends suggest I use this when trading because the site runs smoothly.

I disliked binance before when I knew the exchange has been hacked before in late 2019, but I noticed the exchanges I have used before are nothing compared to binance, their security is tighten now. The exchange (binance) will be recommended because of the high trading volume of over $40 billion. It is the exchange with the highest trading volume, and the first ranked among all while the second is huobi global but due to kyc issue, I have never used huobi global before.

Binance also has 1% trading volume.
0.0005 btc for bitcoin withdrawal, high but yet one of the lowest among exchanges.
They have very low withdrawal fee for altcoins.

Renampun

sr. member

Activity: 2338

Merit: 365

Quote from: GoldenSky on February 03, 2021, 12:09:45 PM

Quote from: Oshosondy on February 02, 2021, 04:50:33 PM

It is not a hype to choose binance as the first exchange, it has the largest trading volume of over $40 billion now the high trading volume makes orders to be filled as fast as easy. Not that alone, binance also have margin and future trading, which make it a good means for future contract traders. You can use binance to purchase crypto from bank directly or through third parties like MasterCard and Visa card. It also has P2P means of exchanging in case you do not want to withdraw directly.

YES YES !! You are absolutely right. I forgotted to mention about different types of trading like margin and future trading.
Another best Binance feature is, I can use my local bank for purchase Crypto.. Kiss

Apart from Binance, Bitstamp also recommended...
I have never used Bitstamp, I am an active user on Binance but some trader friends suggest I use this when trading because the site runs smoothly.

GoldenSky

newbie

Activity: 13

Merit: 0

Quote from: Oshosondy on February 02, 2021, 04:50:33 PM

It is not a hype to choose binance as the first exchange, it has the largest trading volume of over $40 billion now the high trading volume makes orders to be filled as fast as easy. Not that alone, binance also have margin and future trading, which make it a good means for future contract traders. You can use binance to purchase crypto from bank directly or through third parties like MasterCard and Visa card. It also has P2P means of exchanging in case you do not want to withdraw directly.

YES YES !! You are absolutely right. I forgotted to mention about different types of trading like margin and future trading.
Another best Binance feature is, I can use my local bank for purchase Crypto.. Kiss

Fesatmas

sr. member

Activity: 2268

Merit: 275

So far, there have been many exchange platforms that I have used from 2015 to the present, the number is countless, from coinbase, bitrex, kraken, binance, bithumb etc. but sticking with the moment binance is the right choice. Apart from being the largest exchange in the world, Binance is friendly to even small traders. that's the simple reason.

repear7

full member

Activity: 1026

Merit: 110

Need Bounty manager ? Contact @repear71

Binance.

Some time i use others exchange if that coins not listed on binance. Binance very popular exchange for high trading volume and low trading fee. And the best thing of this exchange is, They always try to give benefit to traders.

crwth

copper member

Activity: 2940

Merit: 1280

https://linktr.ee/crwthopia

Quote from: Sled on February 03, 2021, 09:13:32 AM

It looks like your trading tool Gunbot is really working on you. Mind if you can share it for free? Anyway, forget about it.

Even though I'm a reseller, I cannot give licenses for free though but you can just check out my progress in the link below. It's like a trading journal but in the forum posts.

https://bitcointalksearch.org/topic/automated-trading-challenge-start-with-2000-200-usdt-gain-5275774

pragna

full member

Activity: 1582

Merit: 101

Quote from: GoldenSky on February 02, 2021, 11:22:05 AM

Which website/Platform you are using for trading ?
What are the benefits you experienced in your trading platform/website ?
Personally, I am using Binance. Some of the Binance benefits are listing below;

Attracting design and Looks good.
Advanced Candles are looking good.
Very easy to use.
High trading volume.
Orders are executing quicky.
Low trading fees.
Multiple methods of security.

.

Basically i use Binance like most others but overall it depends on tokens or coins that i am trying to buy or sell. If any token or coin listed to binance i always use this exchange as highly secure but another top exchanges i also follow when any token or coin list. But there are some shit exchanges where i lost many coins or usdt (not mentioning name). But full and finally Binance is best ever.

Sled

hero member

Activity: 1680

Merit: 535

Bitcoin- in bullish time

Quote from: crwth on February 02, 2021, 09:51:01 PM

Currently using Binance, specifically, Binance Futures for my trading. I do believe that main benefit you get from them is the volume you have with their pairs. They have a lot of volume and you could benefit just by being a market maker. They have their fast response times with their API's and I do believe it's beneficial in trading as well.

Mostly I check the application itself to know how my current situation is and just that. I use API to trade using my trading tool, Gunbot.

It looks like your trading tool Gunbot is really working on you. Mind if you can share it for free? Anyway, forget about it.

Going back, correct me if I am wrong but I think that Binance now is on the top exchanger in the crypto market considering that they are consistent with their trading volume and the number of their active users. Aside from having a lot of trading pairs available, we can't deny that their support system is very responsive which I mostly look into that.

XZERO1

member

Activity: 518

Merit: 33

I am personally using Binance/Kucoin + Uniswap for trading, that being said Uniswap is slowly turning to a useless platform for retailers because of huge ethereum network fees and that will be the case until either Uniswap and other platforms like that experience a significant drop in trading volume, or when ETH 2.0 finally comes out, as of now if you want to buy 100-200$ worth of a token and maybe sell it a while after, then you have to pay 2x~$50(sometimes even more than 100$) which makes trading there unjustified to say the least.

So in terms of low fees and maybe easier to understand interface you better stick to the centralized exchanges like Binance and Kucoin that have highest amount of real trading volume.

Topic: Which Website/Platform you are using for Trading ? (Read 334 times)