Bitcoin Forum

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

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

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

Any idea?


Thank you.

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.

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

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.
I'm a beginner and those platforms can help me about trading and make money.

@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.

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.

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.

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 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.

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.

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.

Me too I never used this but I have heard it several times and now I have been searching furthermore about this.
This is a free automated trading bot that can be applied on known exchange platforms like Binance, Coinbase Pro, Kraken, Okex, or even in Binance US.  Actually, there are too many of them that are totally free to use but I don't recommend to anyone to use a free platform that is vulnerable to hacking.

Aside from Coin rule are;

• Pionex
• Cryptohopper
• Trality

But for me, this isn't safe for beginners, copy trading is very suitable if you're a newbie in this trading field, and I wi for the Etoro trading platform rather than the automated trading platform mentioned above.

I don't know with the OP it seems like the platform he mentioned are all shilling one just a guess cause these are new platforms and even one I haven't tried yet. If that's good platform then I already used it. No offense but that's my perception on his post. You can always shill on forum but we can noticed it if the posted one is trying hard to gain traction especially for new projects.

Their also a lot a beginner can learn in bitcointalk forum  about trading,  there are series of discussions that are vital to learn in the trading section in bitcointalk forum. In the forum its not about only reading trading topics but one can also ask a question about trading that seems to be a problem, and there will be enough answers to all questions asked.

Nice observation there. I was wondering what he was all about before I read your comment. Beginners shouldn't even be encouraged to go near a bot except they've got accustomed to the rudiments of trading and how to manipulate indicators. Otherwise they will incur losses no matter how good the bot is.

That means inducing bot for trading especially beginner's is not encouraging to novice in cryptocurrency trading, but i heard that bot Trading is almost seventy five percent advantages sure to newbies than trading manually without having the concept of trading before adventuring into it, i believe that description of bot will regulate the trading itself without bother to care how the Trading is going to.

Those Exchanges aren't eo popular among crypto traders.So you should follow popular exchanges because they have higher security and safety like Binance,Kucoin,MXC.

I would suggest Binance exchange if you are very new to trading. I love Binance as the team does so fantastic to improvise everything now and then and this helps to improve BNB value as well. They list out coins after a thorough study on which you can invest, trade and earn. Wazirx is another exchange. We have number of good exchanges. Choose what would really fit you. Where ever you trade, be aware and activate all security features so that you dont loose your money.

It shouldn't be about how the team manage to do something that benefit users through business development and collaboration with multiple partners (altcoin project) but should be about security, reputation and how they solve problem when users complain about their problem. There are some exchange that manipulate trading volume just wanting to appear as an exchange that many traders do, but so far I haven't found Binance to do so. Apart from the security and reputation of the exchange, trading volume can also be one of the consideration in choosing an exchange regardless of any exchange other than Binance.

Seriously have not really heard about those exchange before which I don't really know how reliable and trusted they are but I don't really know why you decided to choose those exchange over popular reliable and trusted exchange like binance, kucoin, coinbase and anymore. I can't recommend any of those exchange for you because have not used them before but you can use the few once which I listed above.

Im not familiar with those given by the OP i guess binance and kucoin is the beginner-friendly to make trading if you want to get some benefits while staking and trading crypto.com is one of the ideals too they have different perks for their holder. If you want some coin does not part or already listed to the exchange given to  above its good to use with the pancakeswap and uniswap those are the known


I heard MXC too they have their own coin like the Binance they have BNB but its more popular to the people to use binance and mxc becomes underrated.

To be honest I really don't have any idea regarding either of them. I think they might be less popular than the other ones. For the beginners, I can suggest Binance & only Binance. It's very easy and a good platform for beginners as well as experienced people. But you must first learn the market skills and trading techniques.

Any trading platform could suit a beginner but sticking to a user friendly platform such as binance or kucoin which has an academy where you can always get more knowledge about crypto even before risking your first dime. What a beginner should consider is a platform where you learn while earning because in cryptocurrency trading knowledge is never satiable

Well, no doubt of those exchanges you mentioned above --for the beginners crypto exchange should be ease of usage and the UI is very simple, security of the fund or they called it ^[SAFU], have a trading demo and the last one has a feature of copy trading for the beginner. All of these are very important in trading, newbies in trading dont know anything all function and how it will execute orders or buy/sell, the best feature is demo and trading and followed by copy trading which is very common as of now.

Free automated trading bots are not friendly for beginners. Why should you choose to use that trading bot?
I suggest you to learn manual trading on the Spot exchanges, which are of course in reputable exchanges both CEX and DEX.
Those free trading bots may work on you, but they are less safe and tend to be risky enough.
You must also learn more about some indicator analysis and the ways the bot is really working on. Because if not, the bot may not fit to work and will make you loss.

Yes exactly, those exchanges are very newbies-friendly and there is also platform of Binance academy that can help newbies to understand about trading in that exchange. We can also find so many sources in internet about trading in Kucoin and other reputable exchanges.

Not  heard of any of the said platforms mentioned in the OP! But if we where going to stick to crypto platforms only and compare whats available I think it will be okay to say that all whats on the market is pretty much the same with a few differences that can be made from the beginner-friendly  to the pro platforms..maybe binance is a among the few i have seen that have tried to give such a beginner-friendly  environment but tbh they are just the same ::)

beginner should be conscious of getting a satisfied education of cryptocurrency Trading first, and not to be curious of earning anything, because if eventually having the taught of earning, it will totally mislead the beginner, that's from my own perceptions, from my understanding learning is the elementary factor someone who are into cryptocurrency trading have to take as a major challenges or a primary objective, you made mentioned of exchanges where beginner can acquire the knowledge of Cryptocurrency, I don't think that those platforms you made mention of is courageable for that.

Already binance, uniswap, pancakeswap are mentioned by cryptoaddictchie. My few satoshis on this matter are that if you are absolute new trading and want to learn trading by practically doing it then start it by paper trading, dont jump with huge capital straight away. Or invest as much as you can afford to lose.

It seems that all the names of the exchanges written are very foreign to me. I have so far avoided many suspicious exchanges. So I still choose an exchange that is clearly credibility. It is also used by many people. This is one way to get away from criminals. I currently use several exchanges such as Binance, Poloniex, Kucoin, and Indodax. I believe in them because I've been mebering them from the beginning. Of course there are many other options but you have to be careful to do an analysis of the exchange if you trading on the platform.

People who are looking for shortcuts to wealth and profit can end up losing more than they think. I wouldn't recommend that anyone relies on bots to perform automated trades in your name. If you don't have enough time to research different coins and tokens, stick with the basics at first. Purchase and hold Bitcoin whenever you have some money you are interested in investing. Besides, didn't Vitalik himself say something like you should own 1 Bitcoin before experimenting with other coins?

This is the naiveness of some newbies, they believe crypto trading/investment is just buying low and selling high, the use of bots will guarantee their success in trading whereas they need to understand the basic aspect of trading, coin examining, portfolio management, and bot meaningful arrangement.