Bitcoin Forum

1st of all i would like to say its very easy to use exchange. Trading of coin very simple and easy. Best thing most i like in the exchange is contract trading with 100x leverage makes me more profitable. It's good for beginners traders too using simulate trading. Right now phemex allowed only trading 12-13 pairs on spot trading and 15-16 pairs in contract trading.
We can buy or trade crypto currency with debit card/credit card. Maybe in future we can also see p2p option very soon.
So my opinion is use phemex and grow your portfolio with phemex exchange.
#phemex #bitcoin
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1. Contract trading is available on many popular exchanges
2. I don't recommend exchanges that aren't top exchanges for beginners
3. Beginners can buy crypto with credit/debit card and direct from bank account too

Binance, bitmax, kucoin, huobi, gate.io, wazirX are all good exchanges for beginners because they are well known in this space with high credibility and good customer services, also security wise is better, phemex exchange? Never heard of it

Spot trading is highly risky, leverage traiding is more risky, future type of leverage trading is riskiest. Trading is risky, not like the way you depicted it good. Especially, newbies in trading do lose while experienced traders still have some chances to still lose.

No. Learning is required.

To learn, it can be simple, but to make use of it to gain is hard. That is why some people like to hold than trade, because many people still lose while trading.

Binance will give you more. Check lists of exchanges according to their marketcap on Coinmarketcap, the ones at the top with highest marketcap have users that do lend for leverage trading, and these exchanges have more pairs. Especially Binance which is the first has more than 30 cryptocurrencies or more for future trading and many more for spot.

Please give me a link, this is the first time I have heard of the exchange you mentioned in 5 years in crypto. Maybe I wouldn't believe it, because it's new and hasn't been proven safe. I would prefer Binance, Bittrex, Poloniex, or an existing exchange that has a large number of users and a large trading volume.

Are you a promotion? I have never heard of the exchange you mention. Maybe you need to provide us with a link to the exchange you said. What about the advantages and other features you mention won't matter to us as I don't recommend new exchanges without us researching. My reason is because there are too many web exchanges are traps, scams and making other people lose. We prefer to recommend existing and secure exchanges.


Yes, they are the largest exchange and are trusted by many people. I agree with you.

First and foremost, trading cryptocurrency is never "very simple and easy."

Moreover, beginners should not even get involved with leverage trading. They're beginners. Leverage trading is not for beginners.

Spot trading is the easiest way to trade and beginners should start somewhere easy, so 12-13 spot trading pairs are too few. Which makes me ask, why should I choose your platform over others which are more popular and have more than a hundred tokens and hundreds of pairs?

I do not want to say trading is simple and easy because if you do not have the skills to analyze what the coin can give you profit and not analyze where the coin will move, you will not have a chance to profit. But I would say that using an exchange is very easy, but you only get lost without the right knowledge about trading.

Sports trading almost the same as regular trading because both needs to have skills to analyze the market. So without knowledge of trading, you will not make any profit. Maybe you need to edit about trading is not easy.