Hey Fellow Crypto Warriors,
NUB here trying to trade smartly by finding the most effective tools to best maneuver my way through these murky crytpo waters.
It is my understanding that the crypto market is extremely dynamic and the tools, as well as best practices change from month to month.
Having said that can anyone in a few sentences outline the core differentiators between the following platforms, as well as what platform you are using today and why specifically that one (or for which trades do you prefer platform "x", while other trades you prefer platform "y"):
1) Polonix
2) Bittrex
3) Kraken
4) Hitbtc
5) Bitstamp
Looking forward to your input.
Happy trading!
CWT
I only use Poloniex and Bittrex. I started with Poloniex as the volume there was high and the number of pairs are larger than others but, I have read a lot of withdrawal nightmare in Poloniex like delay in moving ETH from Poloniex to the wallet. Personally I didn't experience that issue but I will not wait for that time that it happens to me. That's why I switched to Bittrex, volume there is now higher than before and more pairs are offered. Happy with the withdrawals. No issue encountered. With #3, #4 and #5 exchange don't have an account with them. Its hard to maintain a lot of trading platforms.