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Author Topic: Which Website/Platform you are using for Trading ?  (Read 245 times)
GoldenSky (OP)
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February 03, 2021, 05:09:45 PM
 #21

It is not a hype to choose binance as the first exchange, it has the largest trading volume of over $40 billion now the high trading volume makes orders to be filled as fast as easy. Not that alone, binance also have margin and future trading, which make it a good means for future contract traders. You can use binance to purchase crypto from bank directly or through third parties like MasterCard and Visa card. It also has P2P means of exchanging in case you do not want to withdraw directly.

YES YES !! You are absolutely right. I forgotted to mention about different types of trading like margin and future trading.
Another best Binance feature is, I can use my local bank for purchase Crypto..   Kiss Kiss
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February 03, 2021, 08:02:42 PM
 #22

It is not a hype to choose binance as the first exchange, it has the largest trading volume of over $40 billion now the high trading volume makes orders to be filled as fast as easy. Not that alone, binance also have margin and future trading, which make it a good means for future contract traders. You can use binance to purchase crypto from bank directly or through third parties like MasterCard and Visa card. It also has P2P means of exchanging in case you do not want to withdraw directly.

YES YES !! You are absolutely right. I forgotted to mention about different types of trading like margin and future trading.
Another best Binance feature is, I can use my local bank for purchase Crypto..   Kiss Kiss
Apart from Binance, Bitstamp also recommended...
I have never used Bitstamp, I am an active user on Binance but some trader friends suggest I use this when trading because the site runs smoothly.



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February 03, 2021, 08:07:41 PM
 #23

Apart from Binance, Bitstamp also recommended...
I have never used Bitstamp, I am an active user on Binance but some trader friends suggest I use this when trading because the site runs smoothly.
I disliked binance before when I knew the exchange has been hacked before in late 2019, but I noticed the exchanges I have used before are nothing compared to binance, their security is tighten now. The exchange (binance) will be recommended because of the high trading volume of over $40 billion. It is the exchange with the highest trading volume, and the first ranked among all while the second is huobi global but due to kyc issue, I have never used huobi global before.

Binance also has 1% trading volume.
0.0005 btc for bitcoin withdrawal, high but yet one of the lowest among exchanges.
They have very low withdrawal fee for altcoins.

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tastycereal
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February 04, 2021, 07:27:46 AM
 #24

For me, what I truly use to trade is kucoin particularly in cryptos like btc, ethand ltc..

since contrasted with others, aside from the standard support and services they likewise offer merchants lower fees. Obviously, it actually relies upon what cryptocurrency been used.

also, the platform is truly simple to navigate, and honestly, this exchange is really good for more genuine brokers, as it has bunches of features to analyze pricing trends.
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February 04, 2021, 07:41:30 AM
 #25

I use different exchangers depending on the availability of the coin I want to trade and the price where it is worthy to be trade. But most of the time, I also use Binance because their design is simple yet elegant which I find easy to use and also they don't force anyone to pass the KYC first before Trading, that's the main reason why I like them. Their customer service as well is superb, in my opinion.

E D I T: I'm not promoting Binance or anything.
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February 04, 2021, 03:48:17 PM
 #26

Which website/Platform you are using for trading ?
What are the benefits you experienced in your trading platform/website ?
Personally, I am using Binance.
I am also making use of Binance exchange, and one other thing I’d like to add to your list is that they have a mobile app which makes it even more easy to trade cryptocurrencies. Ever since I started making use of the mobile app I hardly use my computer for trading, because having the mobile app has really changed the way everything works, I just pick up my phone and even while lying down on my bed at night I trade easily.

Before Binance I have used Luno exchange and Coinbase. Luno was really good for me, except that they don’t have much cryptocurrencies that are available trading, so I switched to Binance.

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February 04, 2021, 04:20:25 PM
 #27

Absolutely Binance exchange,  we know that Binance is the number one cryptocurrency exchange on the crypto world. Everybody use Binance exchange for most security, and we know that its very secure exchange. Also Binance exchange is very comfortable we can use this exchange with very easy.                   
I agree Binance is a good place t trade either as a new trader with little experience or a renouded trader. I also enjoy trading on Poloniex, not all the coins are listed there but it does give me more flexibility. Similar to Binance it has fiance options where you can lock your capital for earning in interest rates, so not bad.
semobo
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February 04, 2021, 04:30:42 PM
 #28

Not tied with any exchanges personally, I do trades on multiple exchanges which include binance as well. Nowadays using mostly p2p platform to avoid the KYC and stopped using Defi for a while due to hike in the fee.
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February 04, 2021, 04:31:42 PM
 #29

As bounty and airdrop participants I use almost exchange right now, from binance until dapp exchange I use now because depend on which one my coin received from bounty and airdrop listing, when getting coin listed on Uniswap I have use uniswap although have to pay fee more two time and need have to use much money there.
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February 04, 2021, 05:51:58 PM
 #30

I use different exchangers depending on the availability of the coin I want to trade and the price where it is worthy to be trade. But most of the time, I also use Binance because their design is simple yet elegant which I find easy to use and also they don't force anyone to pass the KYC first before Trading, that's the main reason why I like them. Their customer service as well is superb, in my opinion.
That is how it should be but people do not really realize that they should focus on the coin/token but instead focus on the exchange itself which is wrong if you ask me.

I understand the logic, sure if you like binance (which I really do, they are the best) you could use everything they have and by all means most of your deals will be on binance, anything major like bitcoin, ethereum or anything else they have on their list you can use on binance, but let's say there is this xyz coin that is not on binance, that means you could very well switch to that exchange and start trading on that exchange for THAT coin only, still go ahead and use binance if you want to with the ones binance offers, but for that specific coin you could have another exchange, and another coin with another, by the end you could have like 5 exchanges, 1 binance for everything they have and 4 others for 4-5 coins binance doesn't have.

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February 04, 2021, 06:52:48 PM
 #31

...Personally, I am using Binance. ...

Binance is a really good exchange for trading and it is the main one for many.  But one exchange, even a good one, will not be enough to buy new coins for long-term investments that are not represented on the Binance. It is on such exchanges as Hotbit and MXC that such new coins appear first of all, which have a relatively low price.

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February 05, 2021, 03:49:19 PM
 #32

Not tied with any exchanges personally, I do trades on multiple exchanges which include binance as well. Nowadays using mostly p2p platform to avoid the KYC and stopped using Defi for a while due to hike in the fee.
Binance is the best place and doesn't have to deposit KYC to make trades. Without KYC you can also deposit, withdraw and trade up to 2BTC and that's more than enough. P2P is also the best place on Binance. Even if you are not tied to binance, it is better than all the exchanges today.
Regarding DEFI such as uniswap and other DApp exchanges, fees are very expensive and I also avoid them.
GoldenSky (OP)
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February 05, 2021, 06:52:41 PM
 #33

...Personally, I am using Binance. ...

Binance is a really good exchange for trading and it is the main one for many.  But one exchange, even a good one, will not be enough to buy new coins for long-term investments that are not represented on the Binance. It is on such exchanges as Hotbit and MXC that such new coins appear first of all, which have a relatively low price.

May be. I don't know which coins for long-term investments are not listed in Binance. I am not aware of it.
I am just trading coins which are listed in Binance.
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February 09, 2021, 05:54:49 PM
 #34

...Personally, I am using Binance. ...

Binance is a really good exchange for trading and it is the main one for many.  But one exchange, even a good one, will not be enough to buy new coins for long-term investments that are not represented on the Binance. It is on such exchanges as Hotbit and MXC that such new coins appear first of all, which have a relatively low price.
We need have many exchange account kinds because when any new coins not listed on Binance we can get profit from other exchange, but last morning I arbitrage BTT coin from Binance to my local exchange, this proof we need many exchange market because profit not only coming from trading but some time we can earn from checking different price coin one exchange with other exchange and good for arbitrage.
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