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jonemil24
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November 20, 2017, 10:30:01 AM
Last edit: May 01, 2018, 09:33:52 PM by jonemil24
 #1

I'm new to trading cryptos and I just want to ask any members here who use to trade in any online brokerage how much deposits thus your online broker  asks you before you can start trading cryptos.

Any online broker will do. Just needed a list for future reference. Huh

Thanks in advance!

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Gategold
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November 21, 2017, 06:59:07 AM
 #2

I'm new to trading cryptos and I just want to ask any members here who use to trade in any online brokerage how much deposits thus your online broker  asks you before you can start trading cryptos.

Any online broker will do. Just needed a list for future reference. Huh

Thanks in advance!
Go to poloniex, that is exchange site. Create you account there then you can find how much is the minimum amount of transaction. Hope this help you.

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November 21, 2017, 09:44:04 AM
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Just use an exchange instead of having a broker in between. This will not only save time by automating the process but also saves you quite some money as the fees is significantly lower compared to brokerages. Some of the commonly used exchanges would be Poloniex, Bittrex, Kraken etc so just get started with one of these and you will figure out most of the buy/sell order mechanism by yourself.

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nydiacaskey01
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November 21, 2017, 09:59:47 AM
 #4

I'm new to trading cryptos and I just want to ask any members here who use to trade in any online brokerage how much deposits thus your online broker  asks you before you can start trading cryptos.

Any online broker will do. Just needed a list for future reference. Huh

Thanks in advance!
Create an account first at Bittrex, Poloniex, Binance or Cryptopia and deposit at least 0.005BTC and you are good to go. You can start trading with that amount of BTC. For every trade that you make there will be fees to added or deducted. I think the fees in Poloniex is smaller compared to Bittrex but trade volume and pairs is bigger in Bittrex.

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November 21, 2017, 10:21:56 AM
 #5

Mostly crypto trader going to exchange to trade altcoin, like to Bittrex, Poloniex, Cryptopia and others. But if you would like to trade altcoin in brokerage, the risk will be more high because they usually use margin and with MT4 platform. Indeed we can make profit from buying and selling but the risk is more high .And will be need more money to deposit there. If still newbie in altcoin trading much better going to the exchange to trade altcoin without margin. Then for minimum deposit $10 is enough to start it.
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