Blinker123
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December 11, 2018, 10:57:16 PM |
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am new in the game and am wondering which exchange will be best for a new trader, with respect to transaction fees and others
For me the best exchange for the traders is binance. Binance is one of the best exchange in cryptocurrency, if i am not mistaken Binance is the top 1 exchange now. Lpw fees, easy to trade and no buff. I recommend Binance to everyone.
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edmundo
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December 11, 2018, 10:59:13 PM |
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Most friendly exchange for beginners has to be Mercatox. Mercatox offers one of the easiest and most user friendly interface. It doesn't require much in terms of kyc protocols and also has one of the lowest transaction fees and withdrawal fees available in this industry. With a timely responsive customer support system also in place. It also offers multiple layers of user accounts security including IP checks, email authentication and 2fa authentication making it one of the most secured trading platforms. It will be my first recommendation for any new person starting out in this industry.
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iwah
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TREEBLOCK.io
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December 11, 2018, 11:04:57 PM |
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Well people will always recommend Bianance exchange, they are one of the best in the game because of their volume, So will still recommend Bianance for you, they have both mobile and web and are planing to launch their dex soon.
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JeromeL
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December 12, 2018, 11:06:47 PM |
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There is no one exchange. There are a large number of exchanges and you need to trade on most of them. I recommend that you study what is inter-exchange arbitrage.
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Perkovic
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December 12, 2018, 11:07:57 PM |
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it's better not to exchange anything now because most likely you will lose very much on this
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Cryptodiscuss
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December 12, 2018, 11:15:13 PM |
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IDEX is awesome exchange for me, it's decentralised and I dont have to take my f... pic with their name on piece of paper, I flipped out when poloniex, kucoin and others started asking that! Cons are that its only erc20 exchange, but for traders that shouldnt be problem. And I didn't yet figure out how to claim my aura tokens...
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Checkoi
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December 12, 2018, 11:20:27 PM |
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there's no such thing. everything is extremely individual and only with experience you will understand which exchange is the best and why
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mightwalker
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December 12, 2018, 11:33:11 PM |
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Binance, Huobi, Okex, Bithumb is very popular and high trust now for me.
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EXtremeAEX
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December 13, 2018, 07:08:07 PM Last edit: December 14, 2018, 08:10:42 PM by EXtremeAEX |
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In my opinion, Binance is a good exchange to start. There are a lot of trading pairs, user-friendly interface and there is the possibility of using stop-loss and take-profit. With the help of this exchange, you will be able to get acquainted with the specifics of trading in the crypto market and in the future you will find yourself and other exchanges that will meet your requirements.
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GhostWithin
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December 13, 2018, 08:46:05 PM |
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IDEX is awesome exchange for me, it's decentralised and I dont have to take my f... pic with their name on piece of paper, I flipped out when poloniex, kucoin and others started asking that! Cons are that its only erc20 exchange, but for traders that shouldnt be problem. And I didn't yet figure out how to claim my aura tokens... Worked with IDEX. This exchange has a big advantage over etherdelta. This is the absence of lags. But unfortunately there are few trade pairs.
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Onestepinhell
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Good Morning
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December 13, 2018, 08:50:05 PM |
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there are a lot of exchanges and maybe i am too paranoid but i thingk that it is scary to trust them and it is better to avoid exchanges
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valnd
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Until the end of time
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December 13, 2018, 08:52:24 PM |
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Well for sure everyone would want to trade with bianance because of their high volume also in terms of trading fee, you can get a cheaper rate when you pay using their BNB coin. but they charge higher when you want to transfer out your coins.
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Lisa110386
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December 13, 2018, 09:42:37 PM |
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Most of all exchanges I like Bittrex, this is the first exchange with which I began my acquaintance with cryptocurrencies. From decentralized exchanges, I like IDEX, but I'm upset about KYC.
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EXtremeAEX
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December 14, 2018, 08:09:58 PM |
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IDEX is awesome exchange for me, it's decentralised and I dont have to take my f... pic with their name on piece of paper, I flipped out when poloniex, kucoin and others started asking that! Cons are that its only erc20 exchange, but for traders that shouldnt be problem. And I didn't yet figure out how to claim my aura tokens... IDEX is quite a complicated exchange for a beginner. There are some subtleties of work on it. Of course, for the successful trader in the future, this exchange will be necessary, but in order to understand and learn how to work on the exchanges, other exchanges, such as Binance and Poloniex, are better suited.
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Kiefner
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December 14, 2018, 08:13:56 PM |
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At the moment, there are a lot of exchanges and the choice is really huge, but I think that first of all you should look at the security that the cryptocurrency exchange can provide you. I like Binance, Kucoin and Bittrex.
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Flezy
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December 14, 2018, 08:16:03 PM |
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One thing that leads traders to exchanges is the coin they are looking for. But as a new trader, Binance will be a good start. It's duly secure and user-friendly.
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BitLendingClub
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December 14, 2018, 08:25:51 PM |
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Cryptocurrency isn't a any kind game, it's like stock market. For trading Gate.io is best exchange with low cost. Binance and Bittrex is the best secure exchange.
Low cost with low volumes and nothing alts. Today Binance and Huobi are the most useful exchanges. Many other exchanges use bots for volume increasing. And it's not so fair. I think Binance have all chances to be great crypto exchange. I don't predict but their forces to make it are great
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Impaler
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December 14, 2018, 08:35:27 PM |
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It depends on you. There are two kinds of exchange decentralised and centralised. If you think about fees and want to pay a lower fees then decentralised exchange is for you. But if you want to choose some good coins and want to make every thing in ease then go for centralised exchange. If you are new to this market I will recommend you to go for some centralised exchange and which are big also. Like fiat base exchange coinbase or some big exchanges like binance or okex. They have a really great and easy ui some great tokens and they have good security.
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waaat?
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December 14, 2018, 08:44:30 PM |
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It depends on you. There are two kinds of exchange decentralised and centralised. If you think about fees and want to pay a lower fees then decentralised exchange is for you. But if you want to choose some good coins and want to make every thing in ease then go for centralised exchange. If you are new to this market I will recommend you to go for some centralised exchange and which are big also. Like fiat base exchange coinbase or some big exchanges like binance or okex. They have a really great and easy ui some great tokens and they have good security.
DEX has some difficulties for trading: volumes, usability, liquidity. The most simple as for Binance, Bittrex and Okex. They are all CEX but it doesn't bother me to make trade. And many tokens exist on that platforms.
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donass1
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December 14, 2018, 08:48:50 PM |
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To me, cost is not too important as it ranges from 3usd to 1usd. As a newbie or expert, you should be concerned with the security of funds and liquidity. I prefer binance to others and idex for the decentralized exchange
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