start trading

[Aschcraw]

hello i want to start trading is better bittrex or binance ?
what type of documents they ask ? i think i will trade like 1000-2000$ every few days
i want to buy 1000 usdt$ of BTC when price go low , and sell for 1050 usdt$ when go up is this possible ?

[haroldtee]

Both exchanges are good, and it only depends on your own preference. However, for now, binance still allows 2btc withdrawal daily limit without you doing verification until the policy gets changed anyway, so you can just choose binance since you are still within that trading amount range.
If you however want to go for bittrex, be ready to get your clear ID (Passport or Drivers License preferably) as well as a selfie.

I am not clear on your last question, but I will urge you that if you do not have any strategy to trade, cannot use indicators and cannot do some analysis before you make a decision, then you have no business trading. The market is complex and you will lose a lot if you do without any basic trading knowledge.

[nydiacaskey01]

hello i want to start trading is better bittrex or binance ?
what type of documents they ask ? i think i will trade like 1000-2000$ every few days
i want to buy 1000 usdt$ of BTC when price go low , and sell for 1050 usdt$ when go up is this possible ?

Both exchanges are OK to use but if you are a new user, you can only sign up with Binance for now because Bittrex stopped processing new registrations and you will need to register through their waiting list first for them to accommodate your request for a new account. I have a Binance account but I have not fully explored it yet. The problem that I encountered there is you cant sell all your coins or token, there's a small amount that will be left. I am not sure if theres already a work around for that.

To request to be included in the waiting list click here https://support.bittrex.com/hc/en-us/requests/new?ticket_form_id=114093958552

[Nerman]

hello i want to start trading is better bittrex or binance ?
what type of documents they ask ? i think i will trade like 1000-2000$ every few days
i want to buy 1000 usdt$ of BTC when price go low , and sell for 1050 usdt$ when go up is this possible ?

Both are great and reputable exchanges, but i personally use binance but you wont go wrong if you choose bittrex.

For the Documents in binance  they asked for an government issued ID and i am not sure if its binance, crytopia or simple fx but i submitted a bank statement.

Well for the trading question of course it is possible. Just be cautious as trading is not that easy. Good luck.

[haroldtee]

... The problem that I encountered there is you cant sell all your coins or token, there's a small amount that will be left. I am not sure if theres already a work around for that...

There is a work around. All you have to do on your own part is to have some Binance coins, and then use BNB to pay for fees which even gives you 50% discount on the trading fees anyway. With that, whatever you are buying or selling will be untouched and as long as you do not give room for fractions, you should be fine. This is what I have been doing anyway.

[richcorner100]

There are any bad news of Binance exchange today,.they was hacked and this hacked not first times in exchange  , so very important to use more than 1 different exchange or use also desentralized exchange like Idex. Others good exchange is Kucoin and Poloniex.

[data_teks]

There are any bad news of Binance exchange today,.they was hacked and this hacked not first times in exchange  , so very important to use more than 1 different exchange or use also desentralized exchange like Idex. Others good exchange is Kucoin and Poloniex.

Binance was not hack. Hackers just hacked api of bots which working with binance like bots selling here. And they just sold all crypto of this accs and starting to pumping via coin and hackers sell via in 5x profit that's is all what was , if binance was worry about clients they needed to backup all system on this date before hack and everything was all right , but its strange that they didn't anything . May be its just same manipulation to buy cheap alts with discount.

[sunder54]

hello i want to start trading is better bittrex or binance ?
what type of documents they ask ? i think i will trade like 1000-2000$ every few days
i want to buy 1000 usdt$ of BTC when price go low , and sell for 1050 usdt$ when go up is this possible ?

I think both of them is good choice, you can make 2 account from both of them. They having big volumes it's mean a huge market. The price is very volatile. The documents just your ID. Holy a lot of money for me. Of course possible but no one can guarantee the price, cause in crypto everything move so fast. The price can pump and dump really really fast. But you can do invest (sell later with every hope the price higher than you buy of course)

[Rubick99]

hello i want to start trading is better bittrex or binance ?
what type of documents they ask ? i think i will trade like 1000-2000$ every few days
i want to buy 1000 usdt$ of BTC when price go low , and sell for 1050 usdt$ when go up is this possible ?

Bittrex and binance are good exchanger for cryptocurrencies, they just ask regular KYC document like ID card and Photo. It possible when you trade it, I suggest you to trading altcoin too for earning more bitcoin

[Aschcraw]

ok thank you . usually when the exchange get the fee .. if i open an order and after i cancel it before it complete i have to pay fee or not ?
and how Binance coin work ? i have to buy this and automatically will be used for pay fees ?

[adzino]

hello i want to start trading is better bittrex or binance ?
what type of documents they ask ? i think i will trade like 1000-2000$ every few days
i want to buy 1000 usdt$ of BTC when price go low , and sell for 1050 usdt$ when go up is this possible ?

Heard that binance faced some issues recently and some shit coin got pumped up around x1000 due to some error or something. Not sure. Just go through the forums and you might find it. Bittrex is fine too, but binance has higher withdrawal limit for unverified user. But do keep in mind that none of the exchanges are safe to store huge amount of coins for a long term.

[sirenmoon]

hello i want to start trading is better bittrex or binance ?
what type of documents they ask ? i think i will trade like 1000-2000$ every few days
i want to buy 1000 usdt$ of BTC when price go low , and sell for 1050 usdt$ when go up is this possible ?

I am using Bittrex so I will provide you the link for the full explanation of the full procedure from the registration to the ID giving to the team. You won't make mistake if you use Bitrex for your investments and trades. Good luck with your profit gain!

https://support.bittrex.com/hc/en-us/articles/115005329167-Creating-a-Bittrex-Account-and-Performing-Verification

[harizen]

hello i want to start trading is better bittrex or binance ?

Both are good. To take fully of the advantaged, it's quiet manadatory to undergo verification.

what type of documents they ask ? i think i will trade like 1000-2000$ every few days

Basic Accounts on Bittrex can withdraw BTC.4 per day so just computed it on USD value. In Binance you can have BTC2 withdrawal per day.

For Account requirements, head to their verification page and you can see info's there. Take note also of the new policy of Bittrex about account limits as it was not reflected yet on their terms on the site. I saw it somewhere but you can search for it.

[Aschcraw]

ok thank you . usually when the exchange get the fee .. if i open an order and after i cancel it before it complete i have to pay fee or not ?
and how Binance coin work ? i have to buy this and automatically will be used for pay fees ?

[wayaneka]

In Binance exchange for maximum withdraw 2 BTC daily no need to offer ID for verification, and this exchange now become most popular one so they has big volume and you get more liquidity in this exchange. They also has good customer support. Will be better to divide the money in to day trading and also for swing trading because when the price bullish and all the time high, could be swing trading will be more profitable.

[mersal]

ok thank you . usually when the exchange get the fee .. if i open an order and after i cancel it before it complete i have to pay fee or not ?
and how Binance coin work ? i have to buy this and automatically will be used for pay fees ?

A newbie must have some time and a little experience about trading it will help you to start trading but if you want to earn more from trading you will need to know about bitcoin and some knowledge use your intelligent to make possible earnings in trading .

[Vit83]

Imho for start better binance. Bittrex is full of old coins forgotten buy their devs now. They are delisting lots of them now. Most of new coins adding on binance first.

[BlockEye]

Imho for start better binance. Bittrex is full of old coins forgotten buy their devs now. They are delisting lots of them now. Most of new coins adding on binance first.

Bittrex were delisting coins to improve their services, both exchange binance and bittrex have a much secured system, it will just depend on what can we will gonna trade but as much as possible if your coin is present on any of that exchange ,better used them.

[okissabam]

Both exchanges are great and you could divide your money to different excahnges because they differ too. And I think you only need 1 valid identification to register on these exchange account. And good luck to your investments and trading.

[logan16j]

hello i want to start trading is better bittrex or binance ?
what type of documents they ask ? i think i will trade like 1000-2000$ every few days
i want to buy 1000 usdt$ of BTC when price go low , and sell for 1050 usdt$ when go up is this possible ?

I think you should not trade jtai at this point, it can be seen that the prices of bitcoin and altcoin have dropped sharply during the past three months and there are no signs of recovery. This is a sign that the market is in crisis and you need to withdraw from the market immediately so that you can preserve your capital.