Bitcoin Forum

Obviously I can google this, but I would just like to hear what you guys have to say as those articles are outdated and may contain irrelevant information.

I would choose Poloniex anytime , Its secure as most of the funds are stored in cold storage , It has the biggest trading volume If we exclude the Chinese exchanges , It's fast , and also have good design and a good support. I don't see a reason why I would choose another platform.

It is secured until it's hacked.What makes you think if they are hacked by the internal team or by random hackers,your money would still be safe ? IMHO,do not trust any trading sites with the money you can't afford to lose.

There's a lot of trading platform right now in the marketplace.As an investors or traders your first focus on which will be best as well as better than others.In fact,the best place to trade altcoins.In this stage,I would like to suggest Poloniex for you obviously based on good reviews.I usually trade on poloniex and truly it's the best and you really trust it which is probably the best In all terms.Also I'm involved with liqui which also good one.

My vote for Poloniex, I think they are among the best. They are well established and trustworthy and pay a lot of attention to security and that is very important for users especialy when attacks and malwares are so common. As far as I know many are satidfied with Poloniex so you can't go wrong. Good luck.

I think he's saying about only trading. not about storing funds in Poloniex. for the exchange purposes Poloniex is no doubt one of the most trusted platform.. but storing large amount of funds in exchange is not safe.

as a trader you will end up storing something on an exchange at some point. you never go in, trade, go out!
you go in, open an order, wait for it to be filled, it may take an hour or a week even and in all that time your money (bitcoin, fiat, altcoins) are on the exchange and there is no other way around that.

May I ask why you're excluding the Chinese exchanges from your conclusion? I'm probably only going to be trading in American exchanges anyways

bitcoin trading or altcoin trading is very dificult if you want day to day take profit
except youre use margin tradin all china exchanger support margin trading another china exchanger, bitmex, bitfinex,poloniex and kraken support margin trading

What coin specifically you want to trades? Are there any or you will just do a random trades based on volumes established per day or by any means of your duration? How much do you know about doing day trading?

When I say Poloniex, your desired coin might not there that's why Im asking you so that I can point out the specific exchange. But if your preferred coin listed in the exchange site I mentioned then that's my recommendation,

are you Chinese and want to deposit CNY?
if not why do you want that?

and to answer your main question, any exchange would work for you. as long as there is enough liquidity so that you can take advantage of all the changes. things that i will check is their fees, and then their volume and then their rules and if they accept traffic from my country!

also i am not sure if you want to trade altcoins or bitcoin/fiat? because polonies is good for altcoins.

Think I might just be interested in trading BTC and ETH right now. Also, could you guys recommend any sites for me to acquire these via PayPal?

I'm using three exchanges Yobit,Ccex and Novaexchange, although you can not consider them number one in their industry,yet they offer volumes to every coins listed here,security are all ok they keep updating their site to the latest security don't have problem with support also this is my experience in all these three.

Based upon the locality users prefer different bitcoin exchanges. Kraken is preferred by people in the European nation. Localbitcoins were much used by users around the world as its one among the licenced bitcoin service render. Yobit too is better in terms of listing all sort of coins which were unavailable in other exchange websites.

Thanks for the suggestion , i used to use Magnr . But will check this too :)

Yobit.net and poloniex are two best platform for bitcoin and altcoin trading but if we are said about good analytical platform I think I will give it to samplefx as you can download metatrader software and demo with it before real bitcoin or money. But in trading, platform is not what really matter but skills and understanding on how bitcoin and others cryptocurrencies works.

but in my opinion a very good market from the beginning until now bittrex and poloniex, so if you want to trade my advise to trade in the two markets, because bittrex and poloniex already secured and no coin dirt that can play low volume. ;)

If you already have strong foundation about trading trexx and polo is a good place for you since movements is really makes profitable if you have good assessment but if you are still a beginner better try yobit and ccex and learn how fake pnd is affecting the market. Thers a lots of fake movements inside yobit they have all the capabilities because of low volumes.

I mostly do altcoin trading and what could be best place than poloniex, they have really high trading volume and less amount of shit/dead coins.

Other than poloniex, i also ocassionally trade on bittrex and yobit.

I like to trade on poloniex and bittrex. I used to trade on btc-e but it's quite limited when you like to trade altcoins, they do support a lot of worldwide currencies.

Mainly I Do Trading On Yobit.net and Poloniex Because these Platforms are Best to Use and Very Safe and Secure to Use....
I Always Use Yobit.net Most Of the Time I Do Trading Because When I Started Trading My First Platform is Yobit.net and also its Easy to Use for Beginners......

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We had our own bet exchange that we can suggest in this forum, and for me bittrex is one of the good and legit exchange site that I can recommend you to try to trade in. Because there times that some there coins are swinging aggressively all you need to only was to monitor it from time to time as much as possible.

Since I start promoting Yobit,it has become my main trading site,had no problems with my deposit and withdrawal.although some coins,I'm following are in maintenance,but I have no issue when to comes to support,also made profit and still making from pumps from the coins being traded here. 

I will go with Poloniex then c-cex. In Poloniex trading is fast, so many traders playing and the traded volume is huge. Well, cce is quite different but I like the platform and effecient trading. But nowadays, there are many unreliable coins being traded but I like the delisting feature of ccex to weed out non performing coins.

use cex.io I recommend it for ya.

I trade on poloniex and bittrex and yobit  :D

Even though you will find many through the suggestions here and I would also suggest you the one which I use but I would also advise you to try these platform with lower amounts and then you can go with higher amounts with one which you will find comfortable to trade because trading on a platform which is suited for all of the other members might not work well for you (in terms of speed, user interface and fees etc).

Now coming back to the topic, I usually trade on Yobit, 1Broker and localbitcoins and the placement of order differ from strategy to strategy and type of trade. For example, I use 1broker to trade with stocks, indices & forex whereas I use localbitcoins to trade BTC and fiat but with more than single payment options so for me it all depends on the type of trade and ease of trading. All of my trades are usually day trades and I rarely trade for long term (because funds in long term are my cold storage investments).

MetaTrader 4 is the most popular trading platform for trading Forex and CFD (Contracts for Difference) financial instruments. Having an impressive functionality, the platform is suitable for traders of all skill levels. It's a flexible trading system that offers advanced tools of technical analysis, Trading Signals, a Market of trading robots, mobile and algorithmic trading and much more.

That is true that if you think that without it you can do then i think you will miss the correct price to buy or sell in so many time if you hold the bitcoin in your wallet but it does not mean that you have to keep them in exchange wallet but when you are going to do daily trading then you have to keep some part of bitcoin in exchange and do trading and as soon as you are in profit that time you better withdraw it and just keep small part in the exchange wallet , like this you can lower the loss risk. other then that their is no other way.

I personally use Poloniex, but if you're looking to minimize your risks of losing funds since you're doing day-to-day trading I would suggest Kraken. They have the best security in the industry at the moment, so that's a big plus. Their review. (http://www.bestbitcoinexchange.net/en/kraken-com/)

If you want to do day trading in altcoins then poloniex is the best because most of the coins there are legit and they are all moving so you can take advantage of that if the coin is being dump then buying it will help you to earn money. You can also do day to day trading in bitcoin there but altcoins is more suited in day to day, IMO.

be very careful when using one of these big exchanges such as poloniex for day trading and having short positions which you would like to liquidate as fast as possible by executing an order on the spot. because they go down or become drastically slow in times of high activity and you can easily lose the opportunity to sell because their servers can not handle high traffic!

Day to day trading is a good way to earn regularly and make it a stable earning. In my opinion most of the exchange and trading platforms are providing the availability to trade with very minimal amount. Possibly it's easy to earn regularly if we can plan to have small margin trading.

There's a lot of top and popular exchanges site that you can choose like bitfinex, poloniex, c-cex and cryptopia. Consider and compare their security, speed, transaction fees, responsiveness and etc. and you can pick the best for you and that suits your taste.

Yes, the choices are more and I could not find any big differences between most of the highly famous and reputed exchanges.

I just choose few exchanges based on one particular coin being listed or not. For bitcoin/fiat trading I always want to stick with giants like bitstamp and bitfinex. Choosing exchange for daily trading should be done by own experience and listening to other's experience/opinion may not work imho.

I used several exchange, because basically I do arbitrage, mostly altcoin, but I often used poloniex, bittrex, cryptopia and bleutrade.


That's need to consider.
But, professional company should know how to manage their business, it's means if they traffic growth higher, they should upgrade their server and warn to their users before upgrading implemented.

BTC-E experiences the exact same down and slow periods. It has been like that from the very beginning of me using that exchange. Large players know this, and exploit this weak spot by DDoS attacking these exchanges briefly. I don't really know why they can't just keep running smoothly since other major exchanges can do it. It's not a money thing since both BTC-E and Poloniex have massive fee incomes.

I think the best exchange site for me thar you need to try is Poloniex Exchange if you want a Day to Day trade because it has a big volume for every coin 10Btc volume is the lowest in this site and coin is very wavy or always moving you can do buy low and sell high again and again depend on the altcoin, And especially it has margin section.
What is Margin?
- Margin is the features on poloniex that you can loan money for trading depending on your balance in your Margin Wallet and it has 2 Position so you can earn profit by just a day but take note it is risky.
Long Position - it is the position that you can earn profit when the coin is getting high.
Short Position - it is the position that you can earn profit when the coin is getting low.
You can borrow 2.5x of your Balance with a small fees so its worth it.

The only thing I felt which is the good exchange platform are the bittrex and and Poloniex, these are both good in terms of record background, but most of the time I used bittrex every time I do trade in the exchange sites. And usually there is no shit coins that has been listed in in this two platform. According to my assessment only :D

poloniex and bittrex give me comfort in doing any trading. in addition, both the exchange has a wide range of popular altcoin. so we can do a variety of trades with ease. other than the look of the website is very user friendly. I'm very comfortable lingering over longer monitor price movements bitcoin / altcoin.

For me the best trading platform in Altcoin Trading is C-cex.com. I am very comfortable trading with this platform because it is newbie friendly site. You can easily trade with that platform. The design was very simple, it only uses low resources making your trading experience very light and fast. The deposits are fast and the withdrawals has another layer of security.

I'm usually to use Poloniex and Bittrex their exchange service, Poloniex have big volume trading but sometimes their site heavy to load and make me uncomfortable for this situation.

Sme with me, I am also trading with Poloniex and bitrrex. They are good platform for day to day trading because of many traders and high volume turnout  in trades. In addition, c-cex is also quite OK.

if you are in a day trading polo and trex will be a good place for you as many mention that both site got a good volume and a lots of traders who's playing and investing with more alts but if you are looking for a long hold investment ccex and cryptopia would also be a good place as they supporting new alts which still aspiring to be added to polo and trex.

Poloniex market is best platform for trading altcoins in my experience, many traders who use it for trading altcoins,
it can be trusted never find serious problem on there
and for the best platform to exchange bitcoin fair fiat money depend on the location where do you live
and what is kinds of currencies be used for daily.

I will vote for Poloniex, most of the trader go to that site to trade, it is simple and easy to do trading, but I also like to trade in yobit, because the site a got a lot of alt coin to trade, if you are the one that like challenge by buying unpopular coin then Yobit is a good place, but remember never store too many coin in exchanger site, even the biggest exchanger can become scammed site

Yeah they are good but all of the exchanges have their monthly and some have daily limits. I used to be a fan of kraken until the time came when they held my withdraw for no reason and after a lot of support tickets and all they finally get it through.

I believe the most important factor when we trade at a site is instant withdrawals and easy traced deposits for alt coins and kraken failed to meet my expectations.Yes I agree with you polo si a nice one.

Since I transferred to Poloniex, they never failed me to please me.

Their support really takes care of me when I faced some technical problem using their platform. Although it took weeks, they are not being unresponsive to my concern and always giving me a response. There are also some active activities of day trading at Poloniex. But it's not with the platform when you want to day trading. It depends on a certain alt that will established a good and drops volume everyday.

If you are experiencing a heavy load in the site, try their lite version instead.

There is another one which I mostly use and it's bittrex but the site never got too popular like poloniex for some reason. I used to trade a lot on crypto ( it has scammed now !) unless the time came when they scammed.
And on a personal note I would suggest that you better down the alt coins wallets and keep your precious altcoins there at least if not bitcoins ( because bitcoins have a lot of secure online wallets )

Check out btsbots.com. It is built on bitshares. Free trading bot for everybody out of the box.

https://youtu.be/JVbUzbNkLpk

If you are a bitcoin's price trading guy then try out BTC-e I always have used them and they never disappointed me at all. Though they have a rule I guess that when you make a new account and deposit money you cannot withdraw till 24 hours, though this maybe for security a new guy joining may get worried.

Other than that I would say there are sites like poloniex, etc for altcoins trading and are quite nicely running till now.

I would not prefer that site as it looks suspicious.
Better to trade on Poloniex or bitrex. I do trading on the daily basis on both of those and I would suggest those to everyone. It's not a good thing to keep your Bitcoins on a trading site but due to the delay in the transactions, people have to keep them nowadays.

I now some exchanges or trading platforms and now i just making a start to trade with just small amount in ICOBID as said of my friend .What is day trading ? It sounds new to me ,it is not included on my research in trading methods. I want to know and learn how to do day trading .In psycho(back on my mind ) do we have a night trade ?

Liqui is the best place for a day trading. All coins listed to them are all hot coin with a huge average trading volume which is perfect for short patience out there. My first impression on liqui was they are not trusted but they prove that i'm wrong because they are now the leading trading platform that can list all newly finish ICO which makes them the best for me.

If you want to be screwed up one day, you can keep your funds on poloniex or bitrex. I prefer to use decentralized exchange, where I always keep my funds in my own wallet and nobody but me controls my private keys.

I would recommend you to try yo-ex.com. Now i know you may have not heard about it but honestly i have used the transactions for exchanging a few coins and it worked perfectly. The fees they charge is 0.1% or maybe less as when i used it i barely saw anything being charged. And the best part is their unique design which no other exchange has till date.

As of now, I'm using bitcoin bittrex and Poloniex but most often I used bittrex for day trading. I don't see any issues problem during doing trade in the exchange platform. But very profitable to me ;)

My best choice platform for day trading is Poloniex and second which I choose is C-cex. This platformed were fast and secured to use. Ive been trading this platform since last year so far I havent encountered any problem.

The best platfor to do is to trade with all trading sites so that you have more capabilities to trade. Since every exchanger has their difference prize per coin, it does mean that you can take all of them as advantage. As I trader, I give funds in several trading site and once I seen which trading site has a cheaper coin price, I do buy from that ste and I transfer that coin ti another site which has more expensive prize for that coin has a larger volume for their trade.

Especially for alternative coins, poloniex is one of best choice. It is so many kind of alternative coin on there, you can choose four main trading tab such as BTC XMR ETH USDT. which you can trade with more than 80 kind of alternative coin just from btc tab. Also in my point of view, poloniex has easy method to deposit and withdraw fund.

If globally it has to be consider than localbitcoin is the best . There is no alternate to it as it supports the majority of currency for any country . And locally it will depend upon each country exchanges .

For me the best platform I would chose and experiencing day to day trading is bitterex, poloniex and c-cex. These trading site is quite good and so far I didnt encounter any problem.

In day trading. the platform that has the highest volume is the best choice and that is poloniex but if you're planing to be a whale on low market cap

altcoins you can use either bittrex or yobit for that because poloniex is very picky on the coins that will be put in their exchange.

Poloneix would be the best choice for trading.Its legit and it is well known for its reputation.If you want to invest in newly released altcoins and want more choices,you could try Bittrex because most of the newly released coins are listed there.

aren't you satisfied with google answered to your question?  Well, by getting other's  experienced in trading it is still much better to know  what's there view about your concerns. There are lot of exchange platform which are good to trade for, there is c-cex, yobit, novaexchange, cryptopia, bittrex, poloniex and bitcoinwisdom and others. But the best thing platform that I could give a good recommendation was Poloniex and bittrex. Though I'm not saying the rest of the platform that I had mentioned was not good, no its not what I'm trying to intend to.

There are several platforms which are best but depending on the traders which trading platform are best for them, But on my part what I usually used now was bittrex, yobit, and novaexchange, and poloniex and what most often I used for day trading is bittrex which is so far  I don't face any issues problems.

I found that the best way to do trading is to sell and buy coins on peer to peer platforms like local bitcoin, it may not be the best idea but for the people who don’t have that much coins they are able to trade with the amount they can, the only thing that I wish they add is the ability to trade other cryptocurrencies, other than that it is secure and there are many payment method.

To be honest, I was not trading a lot on altcoins because of many reasons, but not talking about the details, I always prefered to stay away from a huge risk which you get on trading even pretty trusted coins.
But I have big experience on forex trading, and to be serious, I made dozens of successful trade on different cryptocurrencies.

If i would talk about the best platform for trading alts, i would recommend using poloniex. The volume is really high, and the rates are awesome too, the only annyoing problem i have encountered  was  that the user interface lags a bit sometimes.

Poloniex is the best one, just look at any coin traded on polo and you can watch that polo has the highest volume over all other exchanges, if you afford to pay for paid signals, you can make good profit.

Polo has a huge volume of each coin so it was very hard t
For a coin to varies the price unlike liqui. The wall for buy/sell order was very thin so that day trading was very preferable. I'm not endorsing liqui but they are a good exchange for day trading because they just listed hot coin.