Bitcoin Forum

Economy => Trading Discussion => Topic started by: lunaelucemauram on August 30, 2018, 07:27:59 AM

Title: How to pick a trading platform?
Post by: lunaelucemauram on August 30, 2018, 07:27:59 AM

Hi I am just new in trading I just want to know how do you pick a trading platform? I am so confuse on how to pick a nice trading platform also I want to know what coin should I start to used for my trading.

Title: Re: How to pick a trading platform?
Post by: richcorner100 on August 30, 2018, 07:39:00 AM

You have to chooce it according to high daily trading volume, friendly customer support, and that exchange listed alot of potential coin. And so far Binance exchange is the best choice. To start trade chooce coin that the price in the bottom and has higher trading volume.

Title: Re: How to pick a trading platform?
Post by: plpatel on August 30, 2018, 07:58:19 AM

There are many crypto exchanges, where you can start trading, what you need to do is just register.
But the main point is, what you want from trading platform, like ease of doing trades, friendly & prompt customer support, maximum trading pairs available to trade for, high trading volume etc. It all depends on you, your capacity and your needs to do trading on exchanges.

Title: Re: How to pick a trading platform?
Post by: waxload on August 30, 2018, 08:15:45 AM

Hi,

Choosing a platform for trading is not an easy task : there is many details to take in consideration.

A lot of them are subjectif and a directed to your need in terms of usability. Let me tell you what I am looking for :

- Starting with the support of the platform : Will it be present in cas of issue ?
- Does it provide some security features : 2fa authentification and mail confirmation.
- What are the pairs they propose to trade : When looking for a particular digital currency I always check where it is available...not every exchange gives the same pairs to trade.
- What is the reputation of the exchange : enough story on the web to have a full view of the many experience seen on the different exchange.
- Then most likely the volume of trade you will handle have to meet the volume of trade in the exchange.

I would pay attention not to store too much coin on an exchange but rather in a private wallet ....as the exchange can close his door and take our found (what actually happen to me in coinhouse dot eu)

Time is the key,

Title: Re: How to pick a trading platform?
Post by: biofuel on August 30, 2018, 08:55:27 AM

Quote from: lunaelucemauram on August 30, 2018, 07:27:59 AM

Chose ETH or BTC because they are the most tradable assets on that market. Keep in mind that ETH has a higher volatility than BTC. So if you're a newbie then ETH trading can cause a higher damage to your deposit balance.

Title: Re: How to pick a trading platform?
Post by: Avengers360 on August 30, 2018, 09:03:33 AM

Quote from: lunaelucemauram on August 30, 2018, 07:27:59 AM

It depends on your trading strategy.
But for a start, I think top centralized exchanges (by volume) is the best option, eg binance.

For coin to start with, it also depends on your strategy.
You need a coin with healthy volatility and for arbitrage trading, the spread across exchanges should be high.
Endeavour to do your own research!

Title: Re: How to pick a trading platform?
Post by: Ardazello on August 30, 2018, 09:04:19 AM

Quote from: lunaelucemauram on August 30, 2018, 07:27:59 AM

There are many topics related to the question "how to pick a trading platform" in that forum.

Check some of them:
https://bitcointalk.org/index.php?topic=2918431.0
https://bitcointalk.org/index.php?topic=2939981.0

Title: Re: How to pick a trading platform?
Post by: jankekek on August 30, 2018, 09:48:14 AM

Quote from: lunaelucemauram on August 30, 2018, 07:27:59 AM

You should choose trading platform/s with ; a high conduct from the public, high-volumed exchange/s, many coins available for trading, better security in order for you to be assure that your funds are safe, good customer service, lower transaction fees and fast transactions. I know that there are so many different trading platforms but it is still important to be wise on choosing a good one.

Title: Re: How to pick a trading platform?
Post by: Davido1174 on August 30, 2018, 11:44:05 AM

Their are a lot of trading platforms in this industry but you need to select the one that is good and has a lot of coins listed in it before commencing your trades. You need to make research and pick the coins you wish to trade. No one can recommend coins for you and do not take recommendations

Title: Re: How to pick a trading platform?
Post by: diceoption.com on August 30, 2018, 01:50:09 PM

High daily trading volume is 1st ;D

Title: Re: How to pick a trading platform?
Post by: Salauddin1994 on August 30, 2018, 02:20:41 PM

first, you decided that Usually, you can trade in two types 1) Forex 2) Cryptocurrency. than start trade 1-2 platform.

Quote

1. Forex

Convenience

stock trading is a very profitable business. Whenever your foreign currency price increases, you will sell it. When the price of the currency decreases, then buy. Forex trading can start at just $ 10. Then you can earn income slowly. But sometimes some dealers can give you bonuses. This virtual trading will expand your business knowledge without any risk to you. There is a great amount of benefit or loan facility. You can become a lot of money in just 20-225 seconds. The most notable of these benefits is that you can sit in your home. This will save you a lot of time. You can do this business from any part of this virtual world. The liquidity market is also more like the market. You can sell before you buy it. No commission is required to buy and sell.

discomfort

There is always doubt about the price. 24-hour business, which is painful for a man. You have to take help from professional traders. The risk of hacking is always there. It is very risky for inexpensive traders. You have to be careful every moment when price increases. As a result, your sleep could become forbidden. You have to deposit in your account. As a result, it will tell you never think of getting money without investment. Must have experience in the business.

2. Cryptocurrency

Quote

Learning More about How Cryptocurrency Works

If at this point, you feel a little bit confused, don’t worry and don’t give up. Understanding the concepts that are fundamental to cryptocurrency is a challenge. One explanation works for some people, and a different explanation works of others. We all learn in different ways.

The trick with cryptocurrency is not getting worried if you don’t understand it at first – each new video, explanation, or article that you learn from will make your understanding of cryptocurrency clearer until, eventually, it clicks.

To learn more, visit some of the other, more technical pages on our site to dive deeper into the inner-workings of cryptocurrency. You can also watch informational videos about the how cryptocurrency works such as the one below.

if you can now see the full article so go it https://goo.gl/eexKEr (https://goo.gl/eexKEr)

Note that: I think first of all you have a good idea about all things, and you can lose your principal money, and you can make more profit

please Read carefully and if you have a Zero-knowledge so do not start trading, firstly you can try now Demo account 1) Forex 2) Cryptocurrency. trading base market.

Title: Re: How to pick a trading platform?
Post by: tnabielec on August 30, 2018, 03:12:53 PM

Depends wether you're planning on going short aswell.

The most common amongst community seems to be the following:

For margin-trading: Bitmex.
For normal trading: Binance

Both are respected and have never been hacked.

Title: Re: How to pick a trading platform?
Post by: Premooooo on August 30, 2018, 03:30:23 PM

There are many legit trading platforms that you have to verify before you can start trading with the information you need to get to know your full potential.

Title: Re: How to pick a trading platform?
Post by: harizen on August 30, 2018, 03:48:54 PM

Quote from: lunaelucemauram on August 30, 2018, 07:27:59 AM

Since you are a newbie, choose a trading platform wherein already built a good reputation in the crypto world. Although no assurance that everything will be fine, by choosing a reputable* exchange, you are minimizing the risks of getting into fraud.

Now here's what to do to sort out things out. Do search of your concern on your favorite search engine then compile all the results. Compile each results including the feedback and description of that exchanges. Now since you posted here, also compile people's view about a certain exchange or you can used again your favorite search engine to find a related thread here in bitcointalk.

It's time consuming but it will help you to find what suits you. After all when time comes that you already built a good experience, you will now know how to play with multiple exchanges and play with the risks.

Title: Re: How to pick a trading platform?
Post by: BrewMaster on August 30, 2018, 03:54:10 PM

you basically choose a trading platform that has not scammed anyone YET and pray to god that when they start scamming people you detect it fast and are capable of withdrawing before you lose everything you have on that exchange. because they will eventually scam you.

Title: Re: How to pick a trading platform?
Post by: gilangIDR on August 30, 2018, 04:18:18 PM

Quote from: lunaelucemauram on August 30, 2018, 07:27:59 AM

If you are a beginner then you must choose a coin platform that has a low price. Leave it when a reputation is bad, but the most important thing for you is that you will get experience. Experience is the most important thing because with this you can make a decision that is far more important in the future. This is an opportunity to be able to do a lot better, learn everything related to Trading so that a trader will get closer to wealth, I think this is not hypocritical because everyone would want the best for themselves.

Title: Re: How to pick a trading platform?
Post by: freezzeer on August 30, 2018, 04:23:45 PM

There is a so many good trading platforms and bad trading platforms.All trading platforms are hackable.So if you willing to be a day trader start with small amount of BTC and rest must move to a hardware wallet.if you willing to be a hodler,move your all coins to a hardware wallet after the purchasing :)

Title: Re: How to pick a trading platform?
Post by: kryptqnick on August 30, 2018, 04:34:10 PM

Quote from: lunaelucemauram on August 30, 2018, 07:27:59 AM

Greetings! I think that you should start from looking at the charts on coinmarketcap to choose the coins you'd like to trade. If these will definitely be the most popular coins then you can skip this part, but if you are into finding the hidden jewels, then this is where you begin your journey, since not many exchanges are likely to have it traded. Coinmarketcap.com is useful to chack on which exchanges and in which trading pairs a coin is traded as well. If you want to start from an exchange, I would recommend bittrex as a trusted, huge exchange with relatively plain design (lot's of options and charts might confuse newbies on other exchanges). Keep in mind that you probably need to provide id when withdrawing money from this website, though. If you want a fast, cheap and 'no ID' exchange with a bit confusing design you'll have to get used to, try Hitbtc. Good luck!

Title: Re: How to pick a trading platform?
Post by: cokroalif on August 30, 2018, 04:43:42 PM

if you trade, I recommend the BINANCE market, many crypto currencies are traded and also double level security, deposit and fast withdrawal, fast response support

Title: Re: How to pick a trading platform?
Post by: Kemarit on August 30, 2018, 05:46:11 PM

I agree with @kryptqnick - coinmarketcap might be a good source (https://coinmarketcap.com/rankings/exchanges/).
Usually traders know their stuff so they do their activity on the top 5 of that list. But I have to disagree with HitBTC though, so many alarms being raised in the last few months so I wouldn't recommend that one. As for the OP's second question, I really can't say, others like me started to trade with bitcoin but with money that I can afford to lose then gradually moving to altcoin market when I have gained some experienced and comfortable making that orders and playing with the market.

Title: Re: How to pick a trading platform?
Post by: Oilacris on August 30, 2018, 06:27:51 PM

Quote from: lunaelucemauram on August 30, 2018, 07:27:59 AM

Always pick up on the best ones which you can find it here: https://coinmarketcap.com/exchanges/volume/24-hour/
You will able to find the top exchangers basing on volume and talking about on the coin you would like to trade then its
your choice since we do have different insights or likes on a certain coin.Its better for you to learn first the basic fundamentals
on doing trading before engaging yourself into this bloody and very volatile market.

Title: Re: How to pick a trading platform?
Post by: bitvalak on August 30, 2018, 06:51:32 PM

Quote from: lunaelucemauram on August 30, 2018, 07:27:59 AM

first you determine what coins you want to trade, then please search trading platform information on the Coinmarketcap site because there is complete information about the market for coins that you want to trade. For the whole I think BINANCE is good enough if you want to start.

Title: Re: How to pick a trading platform?
Post by: blue_nexus15 on August 30, 2018, 10:23:44 PM

Quote from: freezzeer on August 30, 2018, 04:23:45 PM

Choosing the right trading platform also makes the trade of investors much more effective, I think investors should choose for themselves the Exchange suitable for simple interface and enough support features. I usually use Binance and it is very suitable for experienced people and newbies.

Title: Re: How to pick a trading platform?
Post by: farosa on August 30, 2018, 10:37:28 PM

The trading platform changes according to your trading strategy. I think margin trading not for you, you can lose more money. For simple trading, Binance is number 1 now, also it depends on which coin you want to trade with.

Title: Re: How to pick a trading platform?
Post by: Maymun_lavigne on August 31, 2018, 10:46:53 AM

Quote from: lunaelucemauram on August 30, 2018, 07:27:59 AM

basically all good coins for trading materials all have their own strengths and weaknesses. but in my opinion if you want to start trading it is better you choose a good coin trading system with high volume and also you should choose old coins and coins these are widely used as transactions, such as coins ETH, BTC, AND XLM.

Title: Re: How to pick a trading platform?
Post by: Ardazello on August 31, 2018, 12:01:53 PM

I recommend to use Bitrex and Bitfinex or Kraken.

Title: Re: How to pick a trading platform?
Post by: Iykecollins on August 31, 2018, 01:38:31 PM

Particular I will recommend Binance especially if you are a day trader, have been using them for the past one year and services have been seemless, their stop loss features makes one to be able to sleep soundly while placed some trade and most importantly their trading app is top notch.... Need to say more

Title: Re: How to pick a trading platform?
Post by: lushlife on August 31, 2018, 04:12:07 PM

There are hundreds of exchanges out there, in order
to evaluate the exchange that's perfect for you,
fees, daily volume, transparency, and security.

Title: Re: How to pick a trading platform?
Post by: BitcoinTurk on August 31, 2018, 04:47:23 PM

Quote from: lunaelucemauram on August 30, 2018, 07:27:59 AM

There is no clear answer to this question because you have a chance to determine your preference according to your options. Unfortunately, we can not do all the ERC-20 Tokens in the Binance market, but we have a chance to trade with all the ERC-20 Tokens over Forkdelta. As another example, I can say that Switcheo service can only trade NEP-5 Tokens with this service. So even for the simplest reason, it is possible to specify transaction options, but some other points can also influence the choice. For example, some examples can be listed through options known on the sector. Transaction volumes, security precautions, support services and server speeds can be important details for me as I select services. It is also important to note that services with low transaction volumes should never be preferred.

Title: Re: How to pick a trading platform?
Post by: BariaczRoni on September 01, 2018, 02:03:35 AM

You need to start by learning how to analyze the market, coin, chart, ... Youtube dot com will be the easiest place to learn it. Then follow some projects to choose the project you feel best and you can start investing in a project with a small amount of capital.

Title: Re: How to pick a trading platform?
Post by: juperos on September 01, 2018, 02:13:57 AM

Quote from: lunaelucemauram on August 30, 2018, 07:27:59 AM

Binance will be a great trading platform. There you will not worry about account being hacked. I have been involved in this trading for quite a long time and now I have not been hacked yet.
Beside that, Binance just gathered the potential altcoins and I believe it is the best trading platform for newbie like you. ;)

Title: Re: How to pick a trading platform?
Post by: tadpole_bitfrog on September 01, 2018, 02:26:12 AM

Quote from: lunaelucemauram on August 30, 2018, 07:27:59 AM

I think you should join Bittrex, it's a good trading platform and has a nice looking interface. Many investors have joined the trading floor and it looks like the level of its security is quite good. Besides, the transaction fee is quite low and I like it most.

Title: Re: How to pick a trading platform?
Post by: Chachacoin17 on September 01, 2018, 03:30:49 AM

With my previous experiences, hitbtc was just a right trading environment which has given me great opportunity during those time I traded those coins I shortly hold in my wallet. I had been doing some good times with other exchanges, but nothing beats what I had with hitbtc's journey. Their support was been true to the traders, since with the last concerns I had with them they refunded those unsuccessful network withdrawal I had, so it helped me decide to stay and trust their companionship.

Title: Re: How to pick a trading platform?
Post by: Rrtt on September 01, 2018, 04:00:41 AM

Quote from: lunaelucemauram on August 30, 2018, 07:27:59 AM

I think you should pick a decentralized platform because with that you have full control of your funds, i can suggest you use IDEX as this is the most popular now among those DEX platform. If you are well versed with trading then you can go to centralized exchange which i think there are hundreds out here.

Title: Re: How to pick a trading platform?
Post by: babysweetTiger0401 on September 01, 2018, 05:29:58 AM

Quote from: lunaelucemauram on August 30, 2018, 07:27:59 AM

In choosing exchange trading platform you must check the volume first and one of the good example for this are Binance, okex, Bitfinex, kucoin

and Bittrex, then I suggest you to start to buy altcoins with low price value but potentials and has a high volume too in the market then just not

below 5btc in volume is a good one to buy in.

Title: Re: How to pick a trading platform?
Post by: XIANNE25 on September 01, 2018, 06:14:58 AM

There are many good and trusted trading platforms but u choose which one u are more convenient. But my pick is Binance.. Tokens tradable in binance are with potentials.. There are many more trading platforms, you can check it in coinmarketcap, check whose leading in terms of 24hrs trading volume, monthly trading volume etc..

Title: Re: How to pick a trading platform?
Post by: el kaka22 on September 01, 2018, 08:42:33 AM

Quote from: richcorner100 on August 30, 2018, 07:39:00 AM

That customer support is something that is extremely important and it is also necessary to choose a platform where the issues about it has not been extremely too much. There are series of reviews online for most trading platforms which I believe someone who is willing to trade will know how to go about researching most of the reviews of each platform.

Picking a nice trading platform should not be the main target for any new trader, what is important is picking the right strategy. The only thing that makes trading platform different from each other is basically on how reliable they are and for how long they have been operating as well, which also balls down to security.

Bittrex is a very good one as well as binance which can give you the chance to do any of your analysis. Not like I trust any trading platform anyway, but there is no choice but still, they look more reliable for me so far. I am not a fan of logging in most of the time on the trading platform which is the reason I make use of my API on coinigy and tab trader to trader any of the exchanges directly.

Title: Re: How to pick a trading platform?
Post by: robertsu on September 02, 2018, 02:38:05 AM

It's difficult to say which platform is better. Time showed that even at exchanges with high turnover reliability and higher, they can also will be bankrupt. I like Binance, they to have smaller a technical work.

Title: Re: How to pick a trading platform?
Post by: romarry on September 02, 2018, 03:02:14 AM

There are many trading platforms, each of which has its advantages and disadvantages. all you have to do is adjust it to your needs. one of them is by looking at the interface, is it clear, intuitive, easy to use and written in your language? The better the first impression, the greater the trust in the trading platform that meets your needs.

Title: Re: How to pick a trading platform?
Post by: cancoinl2 on September 17, 2018, 10:29:55 AM

Security and available payment methods are the main factors, which I'm taking into consideration at the process of choosing exchange. And mostly they play a decisive role. Speaking about available coins, try to trade with cheap, but promising altcoins at start. Though experts don't recommend to start with atls, but I think that this way the process of entering crypto might be easier. But don’t waste your funds on shady coins and start with reliable ones anyway. For example, first exchange that I used was cex (https://cex.io/), which, as we all know provides quite limited list of coins, but this way I was sure that I won't invest in something worthless.

Title: Re: How to pick a trading platform?
Post by: ss890 on September 17, 2018, 10:39:09 AM

Quote from: lunaelucemauram on August 30, 2018, 07:27:59 AM

Its not that confusing if you are looking after the selected exchangers are present out there. The exchanger should be selected by looking after few facts like :
1) How much volume that trading exchanger is having - the more it is the better it will be.
2) How much coins have been listed over it. Off course this is important is that you wont have to run here and there to look for all of your coins under single roof.
3) User Interface over the web version as well as mobile app should be excellent and not the disturbing one so that you can focus more over the trading.
If you look after such characters then I guess you are good to go with it.

Title: Re: How to pick a trading platform?
Post by: apityeh71 on October 24, 2018, 07:40:37 AM

No doubt Binance is the best exchange for now, this exchange very selectif to listed any coin in the platform. They will never listed shitcoin, and only listed coin that has good fundamental with strong team member. With high trading volume, you can get lower spread and faster transaction.

Title: Re: How to pick a trading platform?
Post by: astridwi on October 24, 2018, 07:56:56 AM

the best trading platform will give you convenience, large trading volume, and trade security that you do at any time. You can see the best trading platform ratings on coinmarketcap.com and you will see binance, OKEx, huobi and some others

Title: Re: How to pick a trading platform?
Post by: whiteblue on October 24, 2018, 11:21:02 AM

from the experience that I have the best platform is a project that develops infrastructure and new exchange because I see the project and the concept is very attractive to investors and has a lot of requests because it is often successful when there is such a concept.

Title: Re: How to pick a trading platform?
Post by: Dontme on October 24, 2018, 11:24:37 AM

Quote from: lunaelucemauram on August 30, 2018, 07:27:59 AM

Look on their volumes everyday, look on the highest exchanges such as binance, huobi, okex and kucoin. Look at the chart and study it. You must be knowledgeable about choosing coins.

Title: Re: How to pick a trading platform?
Post by: voltesbit777 on October 24, 2018, 01:28:24 PM

Quote from: lunaelucemauram on August 30, 2018, 07:27:59 AM

In choosing a nice platform you don't need to be confuse actually mate. The first step you need to was check the volume they have in the platform, its the no. 1 things which I know if you are searching a good exchange site, were you like to trade in, just like Binance is the top 1 exchanger in the market because of having a high volume in the market trading business.

Title: Re: How to pick a trading platform?
Post by: kikoy999 on October 25, 2018, 06:09:53 PM

Binance and bitforex for me is the best for crypto trading making a start up for coins you want to buy and to sell coins that only listed in their markets.

Title: Re: How to pick a trading platform?
Post by: Dilerium90 on October 25, 2018, 07:03:18 PM

For 3 years of trading, I tried a huge number of exchanges. From my experience I can say that it makes sense to trade on many exchanges, because each is used for its own tasks. But if you need a full-fledged trade with shorts, then I would advise Bitfinex.

Title: Re: How to pick a trading platform?
Post by: leowonderful on October 25, 2018, 07:29:03 PM

I typically try using exchanges that have decent volume, don't require KYC (though I can live with submitting documents, I don't like to do KYC), and also have good support in case there's ever an event where funds happen to be stuck in limbo or something's gone wrong on an exchange. For these reasons, I do a lot of my trading on Binance. Note that some people have reportedly been asked for KYC on the site, so be ready to submit KYC documents if you're chosen as one of the people to verify yourself for whatever reason.

I tend to avoid Yobit as there's been lots of reports of lost funds and wallets being in maintenance for months at a time here. The site is very fishy overall, with their investbox that resembles a ponzi, and I would not recommend trading on Yobit as a result of this.

Title: Re: How to pick a trading platform?
Post by: Mahanton on October 25, 2018, 08:43:25 PM

Quote from: Dilerium90 on October 25, 2018, 07:03:18 PM

Have the same experience with you which I had already experienced on using up several exchangers which I do find out which one would suits me up but one of my criteria is always look out for the top ones because it already signifies that the community do supports it rather than on using up a trading platform which isn't really famous or reputable at all.They almost had similar function but there are features that you can find into others that you cant find into some.

Title: Re: How to pick a trading platform?
Post by: mutrang23 on October 26, 2018, 05:18:04 AM

You can choose the exchange as Huobi, binance or okex to make the transfer because these are the largest trader exchange traded today. But before making the first transaction, you need to own Bitcoin to make the deal you want as it is the most popular currency in the Cryptocurrency.

Title: Re: How to pick a trading platform?
Post by: waitforme on October 26, 2018, 05:05:03 PM

To select a good trading platform, I usually look at the platform that the trader uses and whether it is of interest to Altcoin developers. When a good exchange platform attracts trader, and developers are eager to list their altcoin on it.

Title: Re: How to pick a trading platform?
Post by: Jahmal32 on October 26, 2018, 07:01:38 PM

Quote from: lunaelucemauram on August 30, 2018, 07:27:59 AM

In any case, you need to take the exchange where mostly liquid coins! Because if you are a beginner, you will just go crazy from such trading when orders are hanging all day long. Also look at the security what protection is offered. And importantly, it is the volume!

Title: Re: How to pick a trading platform?
Post by: otundebis on October 26, 2018, 07:37:57 PM

Choosing a trading platform otherwise known as exchange shouldn't be difficult. The ease at which you trade and your comfort should be able to help you identify the exchange that will suit your trading and your style!

Title: Re: How to pick a trading platform?
Post by: Bunsomjelican on October 26, 2018, 07:58:11 PM

Probably, I think this will depend on you, for so many exchanges here in crypto trading you can use any of it.
But you need something to remember and to consider it first before entering the exchange which is it should be legit
well establish in the market as well here read this this might help you in choosing the good exchange
https://coinmarketcap.com/rankings/exchanges/ ;)

Title: Re: How to pick a trading platform?
Post by: manggis97 on October 27, 2018, 01:07:17 AM

There are a thousand trading platform on the market, each trading platform offer 2 different kind of trading, that is spot and leverage trading. For beginner trader we should be first learn about spot trading and avoid margin trading. Many trader more easy to make profit in spot trading because the risk is lower. To trade on spot market we can jump in to crypto and stocks trading.

Title: Re: How to pick a trading platform?
Post by: crossabdd on October 27, 2018, 06:34:56 AM

I personally use markets with centralized platforms. because it receives lots of coins and tokens. while the platform is decentralized, I only see tokens traded. in my opinion the current centralized market is still very good for making profits. because it supports almost all crypto. especially in large markets. I trade on bittrex, hitbtc, coinbene, kucoin. please choose it.

Title: Re: How to pick a trading platform?
Post by: ongkok87 on October 27, 2018, 06:58:35 AM

Quote from: Dontme on October 24, 2018, 11:24:37 AM

Quote from: lunaelucemauram on August 30, 2018, 07:27:59 AM

Look on their volumes everyday, look on the highest exchanges such as binance, huobi, okex and kucoin. Look at the chart and study it. You must be knowledgeable about choosing coins.

true because in trading if you still have little knowledge it will be very difficult to choose a good and high-potential coin. so in trading, never choose a new coin because it has a big risk

Title: Re: How to pick a trading platform?
Post by: wendiar19 on October 27, 2018, 09:57:03 AM

maybe you should be able to learn how to trade well and correctly. You might be able to study it in several media that can give you directions along with pictures or videos so that the lessons you will get will be clearer and you can determine your own method for good and right trading.

Title: Re: How to pick a trading platform?
Post by: taiwww on October 27, 2018, 10:51:03 AM

Quote from: BrewMaster on August 30, 2018, 03:54:10 PM

Literally died laughing when I read this one, and yet I am replying here. LOLZ.

Yes off course this is major concerns these days, the safety! It is very important that one should be having good platform with security measures taken for the safety of our funds. Now anyone trading on the exchanger with good amount is always fearsome because you are literally giving away your money to the exchanger when you place your trades. There is no way to recover them if something bad happens, like hacks, scams etc. You dont own private keys over there so you have to be cautious about it always.

Another approach is, volume, prices, number of coins and market cap for the exchanger should be in good standing position.

Title: Re: How to pick a trading platform?
Post by: wayaneka on January 27, 2019, 10:40:05 AM

Many case of exchange get hacked so we have to use exchange that really can guaranted our fund is safe, currently only Binance that was create SAFU program, Secure Asset Fund for Users (SAFU) will protect all users of Binance incase there are any hack or others incident. Hopely others exchange will create the same program to give better high security to all crypto community.

Title: Re: How to pick a trading platform?
Post by: jony35490 on January 27, 2019, 02:30:10 PM

Quote from: freezzeer on August 30, 2018, 04:23:45 PM

Yeah it's very very important for mid and long term traders. Cause if we keep our coins on exchange for long time then we may lose our coins by hackers.

Title: Re: How to pick a trading platform?
Post by: BitBustah on January 27, 2019, 02:56:44 PM

Binance looks to be the most popular exchange among traders. They have a very large selection of cryptos, low fees, and are considered trustworthy by most of the community. You can even use Binance coins for lower trading fees.

Title: Re: How to pick a trading platform?
Post by: Fredomago on January 27, 2019, 03:24:45 PM

Quote from: BitBustah on January 27, 2019, 02:56:44 PM

We do read and heard about this exchange and coming from people who usually deal with this business, binance really got a job well done from this field, most of the traders looks for securities they are concerned about potential issue that may occur and binance got the edge having advance solutions and
offer assurance that's why they've attract more traders to use their platform.

Title: Re: How to pick a trading platform?
Post by: sarmrakib on January 27, 2019, 04:55:55 PM

Quote from: lunaelucemauram on August 30, 2018, 07:27:59 AM

It's so difficult actually to choose a platform as a new .I think there are many things to know as well related on the market .At first you just try to know the market and how it works after that you will start trading gradually .However there are lots of market here and there on base of crypto . I just trade on high volume and centralized market . I can suggest you to see the centralized market . I think at first you can trade on top ranked coin that helps you to understand the whole think easily.

Title: Re: How to pick a trading platform?
Post by: waitforme on January 27, 2019, 05:12:38 PM

Quote from: lunaelucemauram on August 30, 2018, 07:27:59 AM

I choose an exchange platform based on a lot of factors especially the support from potential developers. In particular, these developers attract potential users. Besides, these potential users will help you attract more users to use your platform.

Title: Re: How to pick a trading platform?
Post by: Distinctin on January 27, 2019, 10:58:08 PM

Quote from: waitforme on January 27, 2019, 05:12:38 PM

Quote from: lunaelucemauram on August 30, 2018, 07:27:59 AM

It eventually work well when there is a huge volume on it, as it is more attractive cause it usually the price is more higher than of the others. Do the team must be pro active and the queries must be address immediately and the action needed. If that is missing, it surely traders won't particularly live it and never risk their money on there.