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Author Topic: starting to trade  (Read 1218 times)
cynical (OP)
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August 30, 2017, 09:05:54 PM
 #1

What is the best trading place to start some minor trading on

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August 30, 2017, 09:27:55 PM
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I would also like to know some answers to this, so far I have been recommended bittrex and it seems very good  Cool

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August 30, 2017, 09:31:05 PM
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Thank you i will visit bitrex i rrad about poloniex and also yobit

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August 31, 2017, 02:59:10 AM
 #4

What is the best trading place to start some minor trading on

I would say you can try trade in POLONIEX, CCEX, CRYPTOPIA, and COINEXCHANGE you can try this all exchange i been traded there before and seem nice and no problem with me

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August 31, 2017, 03:11:03 AM
Last edit: August 31, 2017, 03:30:03 AM by mjglqw
 #5

What is the best trading place to start some minor trading on

I would say you can try trade in POLONIEX, CCEX, CRYPTOPIA, and COINEXCHANGE you can try this all exchange i been traded there before and seem nice and no problem with me

I'd vouch for Bittrex. Had no problems since more than half a year of trading there. Though I would go AGAINST using Poloniex. People have had alot of problems withdrawing their funds on Poloniex, and Poloniex's customer support seems to ignore the complaints of the users. I'd suggest you go with bittrex or binance.

Take a look at these Reddit posts:
https://www.reddit.com/r/Ripple/comments/6donq9/warning_about_poloniex_personal_experience/
https://www.reddit.com/r/ethtrader/comments/6iy5z0/warning_poloniex_suspended_eth_deposits_and/
https://www.reddit.com/r/xmrtrader/comments/6g8jp2/poloniex_withdrawals_who_else_is_still_waiting/

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August 31, 2017, 03:20:32 AM
 #6

i made a little tutorial on my site sir-cryptalot.com  Wink
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August 31, 2017, 04:48:20 AM
 #7

Thank you i will visit bitrex i rrad about poloniex and also yobit

don't go to Yobit, it is a shady exchange with a lot of issues and a lot of fake pumps and dumps that can only lead to you losing your money.

also i see someone else suggested C-CEX, this site has been having some issues with their servers for a couple of weeks, they usually are either down or extremely slow. they have also increased their withdrawal fee a lot (0.002BTC), and if you want to start with a small amount you will be losing all your profit just by withdrawing!

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August 31, 2017, 04:49:49 AM
 #8

I would also like to know some answers to this, so far I have been recommended bittrex and it seems very good  Cool

Bittrex is also my top choice especially for beginners just like me. I have an account in Bittrex and I had been some trading moves in there months ago but right now I have stopped as I don't have the required time to focus on trading. I just realized that leaving things in there and just hoping that I can make some money may not be the best strategy after all. We need to constantly watch the market and be updated with different news and developments in order to be a good trader. With Bittrex I find it more newbie-friendly compared to all other exchanges.
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August 31, 2017, 05:49:02 AM
 #9

Do not do any trade in POLONIEX because you will get robbed by them.
look at this case :
Poloniex Holding His Coin
in there you can also find some people complained about their services,so for beginner try to avoid this kind of service

BITTREX is good,but you should know about their rules and terms,
many people do not read it clearly and when they're trading something goes wrong.
look at this :
Withdrawal Limit[Sovled]

before do any trade in there you should verify it first before deposit anything,because who knows what will happen if you already put your money on it.
read this for new registered user :
https://support.bittrex.com/hc/en-us/articles/231701788-Withdraw-Limits-and-Troubleshooting.

for beginner i don't recommend novaexchanger,ccex and else.
just focus on BITTREX,because comparing to else Bittrex a bit selective to list a new coins.
not like the rest,it's very dangerous because you might get caught by pump and dump coin

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August 31, 2017, 06:06:54 AM
 #10

For me personally, trading in bittrex is the best option right now. bittrex has a high volume, there are many altcoins that you can buy there, and have some exchange options. for any withdrawal fee I think is not too expensive, only 0.001

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August 31, 2017, 06:39:44 AM
 #11

What is the best trading place to start some minor trading on

I would say you can try trade in POLONIEX, CCEX, CRYPTOPIA, and COINEXCHANGE you can try this all exchange i been traded there before and seem nice and no problem with me

I'd vouch for Bittrex. Had no problems since more than half a year of trading there. Though I would go AGAINST using Poloniex. People have had alot of problems withdrawing their funds on Poloniex, and Poloniex's customer support seems to ignore the complaints of the users. I'd suggest you go with bittrex or binance.

Take a look at these Reddit posts:
https://www.reddit.com/r/Ripple/comments/6donq9/warning_about_poloniex_personal_experience/
https://www.reddit.com/r/ethtrader/comments/6iy5z0/warning_poloniex_suspended_eth_deposits_and/
https://www.reddit.com/r/xmrtrader/comments/6g8jp2/poloniex_withdrawals_who_else_is_still_waiting/

Indeed, bittrex seems gain more credibility among traders since their competitors have some problems regarding services.
But, many people still trade in Poloniex as well, even though not much like before.
I do not recommend to trade in yobit, this exchange has some problems as well, I've ever found some reviews in this forum about this.
Well, you may consider fees as one factor to choose a trading platform, check it here:
https://bitcointalk.org/index.php?topic=1975324.0
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August 31, 2017, 07:11:07 AM
 #12

What is the best trading place to start some minor trading on
i would like to suggest you that polonies,bittrex and cryptopia and c-cex is best for you.i am always using bittrex and poloniex sometime other exchange  which is essential for that period.if you new in trade i recommand you to use bittrex  because its very easy users are friendly.but you should active 2fa security.

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August 31, 2017, 07:22:53 AM
 #13

BITTREX is good,but you should know about their rules and terms,
many people do not read it clearly and when they're trading something goes wrong.
look at this :
Withdrawal Limit[Sovled]
I haven't checked this particular case but most of them are crying wolf. for example there are some accounts that were old (legacy with 2000BTC daily withdrawal) that were sold and the buyer is not blocked because the IP is changed and they have to verify now to be able to withdraw.
I have a legacy account and though they were telling the truth until I made a withdrawal myself and it was done without any issues and I have never verified my account.

Quote
for beginner i don't recommend novaexchanger,ccex and else.
just focus on BITTREX,because comparing to else Bittrex a bit selective to list a new coins.
not like the rest,it's very dangerous because you might get caught by pump and dump coin
I agree but some people don't want the verification so they are forced to use other exchanges. novaexchange and cryptopia are good enough for starters. and cryptopia doesn't want verification.

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August 31, 2017, 07:24:16 AM
 #14

Most of the major trading exchangers platforms available on the internet. From the most popular one to the small one like https://poloniex. com https://c-cex. com and to the little one like litecoin.com and novaexchange.com
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August 31, 2017, 07:40:07 AM
 #15

What is the best trading place to start some minor trading on

It would be better if you are going to read some stuffs about Trading before you want to enter it and explore it. Trading is a little bit complicated if you are just going to do it without any knowledge about it, you might end up losing your profit or even worse. You should know first the techniques on how you could earn profits in an instant.
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August 31, 2017, 07:53:41 AM
 #16

buy some bitcoin from your local. then deposit to bittrex or poloniex. but dont start buy anything. read some topic dicuss about coin. Don't believe anything will go to moon or something like that. make some buy fake and write it to excel to calculator profit. U need understand market before buy anything

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August 31, 2017, 08:03:37 AM
 #17

i have been trading with cex.io for sometime now... i mainly trade on bitcoin and bitcoin cash... They seem good as i have been using them for months now. Besides this kraken is also a great exchange withs tons of alt coins available for exchange.
I like cex as i can use my credit and debit cards for funding my account.
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August 31, 2017, 09:08:17 AM
 #18

if you want to try with fast exchange, then you can go to poloniex and bittrex, but if you want to try with normal and slow exchange then you can go to cryptopia. if you want to buy very cheap coins then you can go to yobit but i am not recommended this exchange and only suggesting with poloniex, bittrex, cryptopia and coin exchange.

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August 31, 2017, 09:19:30 AM
 #19

if you want to try with fast exchange, then you can go to poloniex and bittrex, but if you want to try with normal and slow exchange then you can go to cryptopia. if you want to buy very cheap coins then you can go to yobit but i am not recommended this exchange and only suggesting with poloniex, bittrex, cryptopia and coin exchange.
I think we should remove poloniex . they have something wrong. They like a big whale can control the market. And I dont like it

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August 31, 2017, 11:23:25 AM
 #20

I prefer that you invest your money on alt coins because its cheaper than any other coins and it will not consume that much in your budget when you lose your profit. Next thing is that, before your'e going to choose a trading website make sure to look for an info or comment's of a users that has already experience trading on your preferred website. For the address that will hold your coins try to use ether wallet because i always use this wallet and never have a problem from it here is the link https://www.myetherwallet.com/ .

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August 31, 2017, 09:26:20 PM
 #21

Thank you for all the suggestions, from what I see here and on other posts is that bittrex is better than poloniex. I read a lot of problems with polonix so I will play safe.

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August 31, 2017, 11:53:55 PM
 #22

Thank you for all the suggestions, from what I see here and on other posts is that bittrex is better than poloniex. I read a lot of problems with polonix so I will play safe.
Just go and create an account in bittrex because they are much better than poloniex. In bittrex you can trade a lot of altcoins and most of the altcoins there is active and get a lot of funds when they are just in ICO so you can assure to yourself that they are a good altcoin. Don't trade in poloniex because they have limited altcoins which is not good for an altcoin trader.
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September 01, 2017, 04:27:34 AM
 #23

Do not do any trade in POLONIEX because you will get robbed by them.
look at this case :
Poloniex Holding His Coin
in there you can also find some people complained about their services,so for beginner try to avoid this kind of service

BITTREX is good,but you should know about their rules and terms,
many people do not read it clearly and when they're trading something goes wrong.
look at this :
Withdrawal Limit[Sovled]

before do any trade in there you should verify it first before deposit anything,because who knows what will happen if you already put your money on it.
read this for new registered user :
https://support.bittrex.com/hc/en-us/articles/231701788-Withdraw-Limits-and-Troubleshooting.

for beginner i don't recommend novaexchanger,ccex and else. just focus on BITTREX,because comparing to else Bittrex a bit selective to list a new coins. not like the rest,it's very dangerous because you might get caught by pump and dump coin

I also like Bittrex much better than other exchanges there in the cryptocurrency market. The coins they are hosting are vetted well and not just another shitcoins which can be doing some pumps and dumps. We have to remember that Bittrex is based in USA where laws and regulations are stricter compared to other countries so Bittrex is definitely extra, extra careful with their moves and decisions.
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September 01, 2017, 09:54:36 PM
 #24

I have my bittrex account now and I can see that I can trade coins with bitcoin, ethereum and usdt I just have to figure out what to buy. I also have a gdax account which is for bitcoin and litecoin

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September 01, 2017, 10:13:56 PM
 #25

To start i would advise an exchange with lending option. Like poloniex or bitfinex. Start by putting the money on margin lending wich is less risky than trading and use the time you are around the exchange to look at the charts e get confortable. Only then you start trading.

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cynical (OP)
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September 01, 2017, 10:33:11 PM
 #26

I don't see this lending thingon bittrex. So I can lend money to the exchange and earn a percent, low at that I would say and it means setting up another exchange account. Does everyone else have multiple accounts?

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September 01, 2017, 11:03:27 PM
 #27

What is the best trading place to start some minor trading on

There are lot of exchanges available in the market to start with your minor trading. I personally prefer, c-cex and nova exchange because they have got good market reputation and also existing in the market for a long time. I keep a good amount of balance in their wallets and till date, I haven't faced any issues with them.

There are alternatives like bitfinex or poloniex. They are also quite old and trusted. I have done few trades on their platform and all went smoothly. However, you can also follow the below link to get the list of all major exchanges and choose between them.

https://coinmarketcap.com/currencies/bitcoin/#markets

All the best with your trading venture!

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September 01, 2017, 11:38:23 PM
 #28

You can choose from different exchanges best example is bittrex all you need to do is create first an account and once created you need to purchase btc from local or if you have existing wallet that has balance amount you can transfer it directly to your Bittrex wallet address and as soon as you see the balance transfer you can start trading. A minimum of 10,000-50,000 satoshis that is around $.50-$5.00 you can already start trading. Study first the coin before investing.

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September 01, 2017, 11:54:42 PM
 #29

Thank you for all the suggestions, from what I see here and on other posts is that bittrex is better than poloniex. I read a lot of problems with polonix so I will play safe.
Bittrex right now is more better before poloniex are also great exchange but right now there are many people are complaining about this trading site that is why right now they choose bittrex to trade you can also see other exchange site better to check this https://coinmarketcap.com
And look for the altcoin you want to hold and sell just click and you will see the graph below near the graph you can change it into market and you can see almost list of exchange site that i think list of still active exchange site but there are not almost tested site i am just sometimes use marketcap if i already heard the site here in forum  ,,
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September 02, 2017, 12:29:33 AM
 #30

As other were saying, use Bittrex. Simple and easy to use. It's user friendly so it's perfectly fit specially for you since you are just starting your career as a trader. I've been trading there for months and never encountered any problem with them. For newbie like you. Just take it easy mate. Trading is not an easy money. Only few traders were succeeded in this field. So trade at your own risk. My suggestions for you mate. Make research first before jumping in. Don't just listen to anybody here about what is potential coin will go to moon. Most of them are just shilling it.

Poloniex is good also. You can try it. But sometimes you'll experience some problem. But i think it's normal since they are overcrowded. They have good support tho. Unlike other exchange that never response to any questions regarding to problems of their customers.
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September 02, 2017, 02:11:18 AM
 #31

As other were saying, use Bittrex. Simple and easy to use. It's user friendly so it's perfectly fit specially for you since you are just starting your career as a trader. I've been trading there for months and never encountered any problem with them. For newbie like you. Just take it easy mate. Trading is not an easy money. Only few traders were succeeded in this field. So trade at your own risk. My suggestions for you mate. Make research first before jumping in. Don't just listen to anybody here about what is potential coin will go to moon. Most of them are just shilling it.

Poloniex is good also. You can try it. But sometimes you'll experience some problem. But i think it's normal since they are overcrowded. They have good support tho. Unlike other exchange that never response to any questions regarding to problems of their customers.

That's better if the site has very prompt services and I appreciate the goodness of their support, so I think poloniex will go furthermore with the trading business of the site. Also with cryptopia I am holding personal funds in their and right now it's so promising, maybe in the middle in the month the funds I had will be sold to a huge btc amount. No problems encountered yet with them unlike c-cex, no maintenance or other delays on transactions was happening.
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September 02, 2017, 02:24:13 AM
 #32

What is the best trading place to start some minor trading on

As you're a beginner you can start up your first trade in bittrex.
I found it so user friendly like its not too complicated to use and mostly of all the coins are listed here so you don't need to look for other exchanges. And if you're confident enough you can try the other exchanges like poloniex, ccex and ctyptopia and many more. But before you totally get involve in trading, do some research and carefully analyze the market as well as the coins.

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September 02, 2017, 03:57:09 AM
 #33

What is the best trading place to start some minor trading on
There are many exchange platform where you can choose in, we have Poloniex, Bittrex, Novaexchange, Yobit.net, coinexchange.io, and Cryptopia. Now its up to you which of those platform you are going to choose.
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September 02, 2017, 04:26:27 AM
 #34

For you it is better to start in bittrex were there are a lot of coins that can be choose for trading and also you can earn an enough knowledge while experiencing trading at bittrex.
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September 02, 2017, 04:28:15 AM
 #35

Do we have somethng like peer to peer exchange without third party. Somethn lke a bot transacting on any platform with no trust?
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September 02, 2017, 01:44:24 PM
 #36

Thank you for all the suggestions, from what I see here and on other posts is that bittrex is better than poloniex. I read a lot of problems with polonix so I will play safe.

Do not use any of your'e income to start trading, Just join signature campaigns and keep your'e coins in a very secure wallet and i recommend you to use etherwallet. Next thing to do is learn trading first, Simply just research everything in the internet then when you earn much from campaigns. Then that's the time you can start trading.

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September 02, 2017, 02:30:23 PM
 #37

You can start trading in bittrex its a good crypto trading site and there are a lot of coins to choose too just becareful not to buy shitcoins. Bittrex chart is not that good though unlike Poloniex.
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September 02, 2017, 02:59:14 PM
 #38

What is the best trading place to start some minor trading on
every beginner in the cryptocurrency must not yet enter the world of trading. I prefer to all beginners in the cryptocurrency is study in 1-3 months before you enter the trading world. There are big possibilities if you enter immediately to the trading.
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September 02, 2017, 03:08:49 PM
 #39

What is the best trading place to start some minor trading on
A lot of the small scale exchange sites such as liqui, and binance seems to be a good place for you to start some minor trade. This time is the correct time to start your trade due to the big correction for the altcoin.
This seems to be the gold chance for everyone to buy cheap token.
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September 04, 2017, 07:35:08 AM
 #40

What is the best trading place to start some minor trading on
A lot of the small scale exchange sites such as liqui, and binance seems to be a good place for you to start some minor trade. This time is the correct time to start your trade due to the big correction for the altcoin.
This seems to be the gold chance for everyone to buy cheap token.
The exchanges you have mentioned are indeed great option for small trades. I remember my best friend also started trading at these exchanges and now he is trading at bittrex earning nice profits. Never take the failures on heart and yes one more important thing, stay calm while trading. These things will really help you improve your trading skills.
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September 04, 2017, 09:07:23 AM
 #41

What is the best trading place to start some minor trading on
A lot of the small scale exchange sites such as liqui, and binance seems to be a good place for you to start some minor trade. This time is the correct time to start your trade due to the big correction for the altcoin.
This seems to be the gold chance for everyone to buy cheap token.
The exchanges you have mentioned are indeed great option for small trades. I remember my best friend also started trading at these exchanges and now he is trading at bittrex earning nice profits. Never take the failures on heart and yes one more important thing, stay calm while trading. These things will really help you improve your trading skills.
firstly don't go for short term and just invest in the coin you believe in and just forget for atleast 2 to 3 years and you will have receive it rewards. i think the most common thing needed in trading is the patience and also  have enough confidence to take risk.  risk is the thing that you have to take in any king of business and you don't really achieve big if you don't take it in your life.
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September 09, 2017, 09:32:03 AM
 #42

always you can like bittrex and poloniex. this site is best for regularly trade. i like bittrex and support it. i don't suggest if you have small amount cause bittrex fee is high other exchanger.


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