Bitcoin Forum

Hi am just new in trading, I just want to know what is the best trading platform that you should use in trading. How can I start my trading in that platform? What are the ways or steps that I should do in trading?

For a newbie, you need to get more knowledge first and know the basics on how to trade. Secondly, you can use binance as a platform to start trading. You now choose to invest in long term or you day trade

For noobs probably binance.. don't get stuck only trading here though it should just be a stepping stone to other avenues....  Eventually you want to end up on Bitfinex or Bitmex as you get more comfortable with Bittrex, IDEX, ForkDelta, Cryptopia being spots that you also pick up coins in accumulation.  Binance may have the highest volume for some things but price of BTC is determined by Bitfinex.. so no matter what alts you are buying, learn to keep bitfinex btcusd chart open at all times.

Before making any move and press any button, you should already know what you wanna do. That's why I suggest you to use Tradingview.com
Then you can set orders on platforms like Binance or Okex. Before signing up on any, check if they're OK with your region or you may end up in trouble

Yeah, Tradingview would be great for ya to learn from active traders and their experience. They also share their ideas and market analysis. Binance exchange is good for beginners for sure. And dont forget that you can find trade subs on Reddit too. Luck

Binance is one of the best exchanges because it is firsly safe, as you are newbie you don't want lose your money, also there is safu  :)

 Everyone is a newbie at the beginning, the most important part if you want to invest is be sure you want to invest , double check and other stuff.I know a platform for you, it is called cryptocoin.pro. It is one of the safest and has a wide range of coins. Also, it is very user-friendly and i think you will get along with it. Hope you will get it sorted out.

if you mean trading then you can open an account at binance and start depositing funds to invest can be either ETH or BCT. trading there is very simple and very profitable

Binance is good for the beginners easy to use and user friendly   but make sure learn basic strategies before start trading to prevent loses.

I suggest the you should research a lot before entering an exchange. Search the trading platform that you want to try on youtube and see how it works.
Familiarize yourself on indicators use tradingview to monitor the price it has a bunch of indicators.

Binance seems to be the most trustworthy exchange that has also become the biggest one. It has been tried to hacked and scammed and phished but no matter what happens they always keep it secure and you always have your money there. I usually do not hold much coins in any website and try to keep them on my ledger however if I had to keep a big amount of bitcoins or any other coin in one website it would be binance.

Plus, considering they have bnb which is used for fee's which makes it even lower fee, their commissions are really small compared to other websites as well. Plus they have affiliate which means you can invite your friends and make money on their trades as well. The amount of positive things they have doesn't stop.

That should always be the first move for any newbie. I wonder why newbies are always so eager to look for an exchange to just get into and think that is just the way to go to start making profit.

Personally, so as to be able to test one skills, I will advise the OP to try out bitmex (even though it is a margin trading platform), but at least, you will get some free bucks to practice what has been learnt to see if prepared for the real world or not. After then, we have the likes of bittrex and binance or Kucoin as the case may be to do your trades but it is important to always make sure you have the knowledge to pull your trading activities through.

The best platform for anyone who wants to do Trading without a doubt is Bitmex. The potential that the leverage provided by them has, is revolutionary. But for this, you need to study. The risk is linked to opportunities. Without study, the possibility of losing everything is quite high. A simple material to study is at this link (https://hackernoon.com/a-quick-starter-guide-to-using-leveraged-trading-at-bitmex-5383de4cb320).

referencial link = BitMex (https://www.bitmex.com/register/4Yl00L)

without = www. bitmex.com/

It is normally we get loss at first and such losses will be our lesson to be more cautious in doing trades as it have more riskier than of the other. A learning process won't just be acquired in a day,  definitely it takes days for you to learn more.

If you have local exchanger, it is better to try it first. Or if you want to try trade altcoin you can try Bittrex, even they have need you to do KYC things, their coins is old coins and no new token yet. Price move not really fast is good to training

The best exchange so far is Binance,  with high daily tradihg volume  is great to use it for day and swing trading.  Binance also have feature of stop limit order that we can use it for buy stop,  stop loss and trailling stop, and currently not all exchange offer this feature.  Trading will be more risky without any stop limit feature because the volatility of crypto is very high. Binance offer unverified account with minimum  withdrawal 2 BTC daily so we can trade directly without waiting for verification proccess.

First you need to learn how to analyze market, coin, chart, ... and from other traders. You can learn it through google or youtube, there are lots of videos with clear examples. Next you need to follow the project to map out your own plan. Finally start trading with a low capital to learn trading experience...

You just have ETH or USDT, you can trade and make money. You should deposit your coins on the Binance trading platform, which is a reputable trading platform and high security. I highly appreciate that trading platform.
Besides, you need to learn a lot about trading strategies to make a profit. To get that, you should read the book.

To trade in crypto should be when bearish trend over and any sign will change to bullish, and i see this sign right now so now is best times to start in to crypto trading. In trading activity all prediction and analysis is does not fully accurate so to avoid loss from.wrong analysis is should be always use stop loss. And for the best exchange Binance and Bittrex.

I think the best trading platform for beginners like you should be able to play on bitmex because it is very suitable for beginners and their platform is not exposed to trading bills.

You can use any exchange you want, as long you can follow their rules and understand the risk. Many exchange comes up this year with many benefits and tools to help people with their trading activity. Most people will give you answer like Hitbtc, Bittrex or Kucoin and from there you can see they already have good exchange services. Read their rules and always ask for help into their support team about your problems.

you can use some best trading site to start a trade. I would tell you to use Binance and bittrex exchange site.both are good and trusted a lot. but before doing trade that site it would be best if you do demo trade. for demo trade, you don't need any money or asset.just need to create a demo account. Hitbtc offer demo trade.here is the link of hitbtc demo trade: https://hitbtc.com/demo Best of luck for you
 

All trading platforms are well-equipped with the trend of high exchanges and popular exchanges here where you can learn about trading volumes.

The best platforms to used for your trading should be binance and poloniex as a newbies these trading platform are user friendly and trade are always execute speedinly therefore you can easily learn many things from the the sites itself about trading.

I think the best trading platform for newbies like you is binance, there is the most suitable place to exchange because of the very fast coin price you can use to study and make a profit.

Yeah binance is very recommendable for all due to its capability and built trust from many but you can trade on all exchanges you will be needing some familiarity and you can use in world wide web if you can't understand something. As a newbie you need to explore first and have some mistakes in able to experience what every trader done so.

Trading is a very perfect place for making passive income. As a trader I am always suggest you can use bittrex because this is a very trusted trading platform so you can use this platform. If you search trading exchanger you can get lots of exchanger but as a newbie I am always suggest you can use bittrex although it is a high transaction fee.

A beginner must really be able to see the situation in the cryptocurrency market.
A beginner must also be able to minimize bad conditions and can happen at any time.
An exchange is a vital thing because most of the money held will be stored in the exhange.
Think that a beginner must get a safe place, it can reduce the risk of failure.
so try everything, but we also have to be able to minimize the risks that might occur.

There are quite a few that you should check out as a newbie, as they offer several neat options for beginners. Here are few:

- eToro: offers a very simple order form and a design aimed at beginners. You also have a thing called "Social Trading" where you can copy orders from successful traders if you want to learn. Finally, you have a demo version of your account, so you can practice to your heart's content without losing money in the process.

- AvaTrade, Markets.com: Both are similar in the aspect of easy-to-use order forms and have demo accounts ready at your disposal.

- CEX.IO, Bitstamp: These two are completely crypto oriented and do not hold CDFs like above mentioned. No demos here but their trading forms are very easy to understand and can be used by total beginners.

Now, the point is, as a beginner, you do need some background knowledge about the market. You should read online guides about cryptocurrency trading, especially regarding strategies, apps, bots, and platforms. All of these trading centers I mentioned above have numerous online reviews about them, with my own personal favorite being https://www.cryptocointrade.com. You can find all info related to crypto trade there, alongside with platforms I mentioned above.
Happy trading!

Hi first of all u should watch tutorials in YouTube and learn basic about trading 💹.. Many people uploaded video tutorial in YouTube and they are free.. I suggest u to choose big exchanges or not even so as long as the volume is big.. When u learned and confident to do ur own trading then start trading with small amount first..

It sounds like you have no knowledge of crypto trading. So you need to add some knowledge of crypto before you start doing it. Quite difficult for beginners. It took me more than a year to understand a small part of the market and how to trade.

From your questions, its clear that fist you need to get a firm knowledge of the market in general because any move no matter how small it may seem now can be damaging in the future. As for the platform, Bitrex is a popular choice.

Binance is a good one, for an expert or for newbie alike. No one knows whether you are newbie or not, what is important is know the basic trading. Poloniex is a good platform too especially for newbies since it has a user friendly  interface. Just  be familiar with making a trade,buying or selling a coin. That is basic but you can use it whether in big exchanges.

My suggestion would be Binance Platform,
their website is newbie-friendly, easy to use
and navigate, also to small traders like me
there is no need to verify

I found a discord group that is super helpful when it comes to learning how to day trade, and they're willing to chip in their own opinions when it comes to long term trades as well.
Free to join, check it out! Voodoo Crypto (https://discord.gg/Ymntrqh)

I suggest that you should learn a basic trading fundamental first before doing actual trading to prevent great loses. And if you're ready, I can suggest mercatox for beginners as a trading platform because mercatox is so easy to use and easy to understand.

Depends on what token or coin you want to follow or buy. Not all tokens are available in all trading platforms. Most of the time those who are well knows like Binance, Bitrex have the most number of coins listed. I am talking about coins or tokens that are known. There are also coins or tokens that are listed in sites that are not well known, price of token is very low like the ones listed in Cryptopia.

binance is one of the most popular and used trading platforms today, it is safe and friendly to traders. binance will always be the perfect choice for a newbie or a professional trader.

Binance is the best trading platform out there now. You can also try KuCoin, which is also very good. Just sign up and start trading.

Do you know how to trade? If no then you should consider experimenting on a demo account before trading with real cryptocurrenies or you watch some trading videos on youtube . Here are couple of trading sites that allow learners to trade without making deposit.

* Cpaytoday
https://www.cpaytoday.com/trialbitcoinexchange/
* Coinmarketgame
https://coinmarketgame.com/
* Niffler
https://niffler.co/
* Hitbtc
https://hitbtc.com/
*Altcoinfantasy
https://altcoinfantasy.com/

I think the best trading platform for newbies Binance. However, Forex is the best trading site, because forex trading provides an opportunity for people who are interested in supplementing or replacing their income. But patience, practice, and planning play an important vital part to success in trading. Find the best online broker for your trading compare online stock brokers find the best most well-known firms have very impressive trading platform.

The reason is that newbies are very susceptible to emotion that leads to SL / TP impact. Open-ended actions should only be performed by traders who have both confidence and experience and must rely on sound signals, not on emotions.

Most of the reputed exchanges have used friendly interface so you can learn that in minutes after you entered into the site but you should select the exchange based on the coins and its daily volume,you need to choose the exchange with much volume for easier trading or you need to wait long for that to happen.

For me in this time the newbie wants to invest in the market should choose for himself a reputable trading platform as possible, in addition to the large amount of sales to be able to experience the trade practice properly. Binance is the most logical choice for the moment. Although the birth of Binance may be inferior to other floors in terms of time, but Binance now shows that he is one of the largest floor in the world and is interested in large investors. Large trading volume is where newbie can practice the investment job easily. Check out the tutorial videos on youtube. Everything is available if you search. Wish you luck with your investment decision

in my opinion for beginners it's better to know the market before tradding, because this is to avoid cutlose. good luck

Wrong question, if someone is newbie shouldn`t search for trading platforms, first choose the coin you plan to trade with, after that you need to choose pair suitable for you and than you look for platform that offers that pair. If you think to find trading platform and just trade on luck you are screwed, better don`t try it at all. Now there are so many reputable platforms, each of them is trying to offer something new to attract people, make plan and than execute it, don`t jump ahead of your knowledge, learning process is always important, get familiar what trading is and then act. I don`t know how else to say it for people to get it finally, if you don`t follow the steps you will end up complaining about it here on forum like most others, and you will blame cryptocurrencies and trading platforms and everyone else, except yourself.

You are already making a huge mistake of looking for the best trading platform and leaving out the knowledge that you need to gain first and foremost before even thinking of any trading possibilities. It is not really by the exchange platform and sure, some are better based on the idea that in terms of security of funds, you may be able to rely on some, but not entirely. Nevertheless, regardless of the platform, what you need is the knowledge of strategies you will need to be able to trade the market effectively.

For newbies, trading in general and trading in the cryptocurrency market is not easy, but requires a lot of knowledge and experience. Get involved in this market if you are really passionate and passionate to be able to grow in the same market.

You should try to study first, the market is a tough one to go to. You need a lot of idea before you go on trading. You will lose a lot so you should try to only trade small amount for your first time.

It seems that I have often found topics that are almost similar to this, but I will still try to answer.
for beginners you should choose exchanges with high trading volumes such as binance, bittrex etc.
You only need to register in the exchange, but there are several exchanges that require KYC.
The trade you have to do is buy low and sell high, but you should never consider this easy because everything is not as easy as imagined. in trading you have to do a lot of research and don't be easily influenced by others and the main thing is to be able to control your emotions.

Ideas alone will not work hard to get the trading investment to go bigger in the market. If you like to invest on the day trading all the people will be go towards to the market strategy books and articles about it.
How the price changes in the market will be understanding by the prior news available in the market.
If the coins shows little spike invest that coins to go bigger and make the more money with the investment you do on trading side.

If you only start trading, then the exchange  KuKoin or HitBTC will suit you. For example, I have more than 15 different exchanges. Because I am a bounty hunter.

I fully support Binance, although it is necessary to understand and take note of the presence of the domestic currency of the BNB exchange. If you conduct operations through it, then davolno still profitably obtained. However, the minus at a higher percentage when you remove tokens

I don't think that there is anything like that!! I mean the exchanger for the newbies. Its not even thing to ask because nay exchanger would be same in theory and when you go for the practice over it then you get the same data, same coins, same price so there is no need to be very choosy when you are doing it for the first time as newbies. The platforms are chosen by the player itself, so its better that you go ahead and try to find the lucky one for you. Almost all fo them are same and thus there is no need to ask whether you should go for this exchanger or the other one. :-)

To find the best trading platform, you can see it here https://coinmarketcap.com/rankings/exchanges/ At this time the exchange that is in the first place is binance.

If you are saying that binance is good trading platform for the newbies then is it easy to do trading there like the other platforms? For you what are you doing, long term or day trade? then what benifits you between the long term and day trade?

Use eToro:
has more than 9million users
is secure and regulated
simple webinterface, app for android/ios
copy trade function for novice users
you can charge with paypal, credit/debit cards, bank transfer
   
ref link = https://etoro.tw/2KIPSXH (https://etoro.tw/2KIPSXH)

Will think about important not lost  enthusiasm for dealing with crypto-currencies. If your deposit is not large, then start with a comfortable exchange for you, doesn't matter if it will be with a small amount.

Binance is in top of my list of top altcoin trading platforms. Though it is based out of China, it doesn’t serve its native country but is open to almost all countries around the world. It’s become a first-mover exchange for listing new altcoins earlier than just about anyone else in the industry.

As a new trader you need to start trading on a safe exchange like Binance, Bittrex etc. But I recommend you to use Binance.

Any platform that allows you to go short aswell, it's important to play both positions to remove bullish bias by only playing long. At the start the platform doesn't matter as much since you shouldn't be putting money in in the first place. Learn the rules of the games before trying to play it, otherwise your propability on winning is slim to none.

My own ideology is some thing very good, simple and has some reputation and binance qualified for this in my opinion. Binance is good for newbies in my own perspective

I remember two years ago when I first started trading. I was overwhelmed with the information out. So, here is the universal guide for all beginners that is proven to work time and time again. I highly suggest to study risk management, which will be a blog I'll touch briefly on soon.

If you are new, you should use exchange Binance BNB or Huobi.
The interface is simple and easy to use.
Should start with a small money and trade with USDT or TUSD.

The first thing that should be taken into consideration is how you're gonna trade. It can be long or short term trading. Forget about FOMO (fear of missing out) and stick to your trading strategy, that's the only way. There are many peculiarities, do your research before trading, read some articles, there's one for example: https://www.bitdegree.org/tutorials/cryptocurrency-trading/ And about exchanges... I don't know if Binance is really good for newcomers, but CEX ( https://cex.io/ ) definitely is. Although it has not as many coins as aforementioned Chinese exchange, you won't need them at start. Try common cryptos first and master your skills. CEX is good for advanced traders too.

Binance exchange is good for beginners. because it is firstly safe, as you are a newbie you don't want to lose your money.
But trading is not easy, you should first acquire trading knowledge. know the basics of how to trade. Then you start trading.

For my short period in cryptocurrencey, am struggling to see how new investors can get this educated about bitcoin to details without being on the forum. The forum touches every part of crytocurrency and also discusses the imminent issues of the space.  one can follow some personalities on twitter and youtube to get some experts advise.

I just want to share my experience here.

I think it would be better to try trading at Bittrex, everything is quite complete, the stop limit function also exists, so it can be used to safeguard our assets if the market is in an unhealthy condition. but unfortunately the register for the new account cannot be done yet.

I study independently and learn independently looking for explanations and experiences on the internet and also from my new friends who are experts, and do you have the intention to be like me,
oh yeah the platform for beginners can choose from dogecoin because the price is still cheap and the price changes are slow.

When iam newbie and start learn about crypto trading, i dont know how stop limit feature are work. I have seen some exchange has this feature and i dont know what the function of it. In others many exchange they does not have this feature. But now finally i know this feature is very important for crypto trading for stop loss and trailling stop. So for the better use exchange that has this feature, like Binance, Bittrex, Poloniex and Okex.

Best trading platform for newbies are  those that allow Demo trading to help newbies learn/practice trading before trading with real Cryptocurrencies.
Here are some exchanges that offer demo trading
Altcoinfancy
https://altcoinfantasy.com/

Hitbtc
https://hitbtc.com

Niffler.co
https://niffler.co/

CoinMarketGame
https://coinmarketgame.com/



Here are some Important rules of Crypto Trading you should be aware of as newbies:
— Never jump into trading as newbies unless you know what you are doing.
—  Trade with the amount you can afford to lose.

When I stated trading, I was traded on Binance, but then I realized that Binance doesn't not make more income than medium and small exchanges as IDEX, HOTBIT, so I moved to trade on IDEX and HOTBIT then, my experience is choose the token that have big fluctuations, and split your capital to some coins, not just focus on only one. Anyway, Binance still is good platform for newbies

Just create account first on Binance exchange and make small deposit there, and to start trading is better chooce first crypto that pairing with USDT, and to determine price area for buy and sell you have to learn charting and technical analysis. And the most important thing is don't forget to use stop loss for every trade, use stop loss 6% and take profit minimum 10% for day trading.

in my opinion, the best trading platform is Binance. you can learn how to trade on Binance by watching various videos on YouTube.

I couldn't say much, but I think the first thing to do as a newbie is reading to gain a lot of information, to enrich our understanding on what and how trading should be done. When you are ready, try a small price to taste and gain experience. When you lose, you get experience, but when you win, you  get the profits. Besides, keep your hope on fire is also important by keeping your patience in taking every single choices that has lots of risks. Most importantly, start as soon as possible.