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Author Topic: How to pick a trading platform?  (Read 757 times)
Oilacris
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August 30, 2018, 06:27:51 PM
 #21

Hi I am just new in trading I just want to know how do you pick a trading platform? I am so confuse on how to pick a nice trading platform also I want to know what coin should I start to used for my trading.
 
Always pick up on the best ones which you can find it here: https://coinmarketcap.com/exchanges/volume/24-hour/
You will able to find the top exchangers basing on volume and talking about on the coin you would like to trade then its
your choice since we do have different insights or likes on a certain coin.Its better for you to learn first the basic fundamentals
on doing trading before engaging yourself into this bloody and very volatile market.
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August 30, 2018, 06:51:32 PM
 #22

Hi I am just new in trading I just want to know how do you pick a trading platform? I am so confuse on how to pick a nice trading platform also I want to know what coin should I start to used for my trading.
 
first you determine what coins you want to trade, then please search trading platform information on the Coinmarketcap site because there is complete information about the market for coins that you want to trade. For the whole I think BINANCE is good enough if you want to start.

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August 30, 2018, 10:23:44 PM
 #23

There is a so many good trading platforms and bad trading platforms.All trading platforms are hackable.So if you willing to be a day trader start with small amount of BTC and rest must move to a hardware wallet.if you willing to be a hodler,move your all coins to a hardware wallet after the purchasing  Smiley
Choosing the right trading platform also makes the trade of investors much more effective, I think investors should choose for themselves the Exchange suitable for simple interface and enough support features. I usually use Binance and it is very suitable for experienced people and newbies.

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August 30, 2018, 10:37:28 PM
 #24

The trading platform changes according to your trading strategy. I think margin trading not for you, you can lose more money. For simple trading, Binance is number 1 now, also it depends on which coin you want to trade with.
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August 31, 2018, 10:46:53 AM
 #25

Hi I am just new in trading I just want to know how do you pick a trading platform? I am so confuse on how to pick a nice trading platform also I want to know what coin should I start to used for my trading.
 

 basically all good coins for trading materials all have their own strengths and weaknesses. but in my opinion if you want to start trading it is better you choose a good coin trading system with high volume and also you should choose old coins and coins these are widely used as transactions, such as coins ETH, BTC, AND XLM.
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August 31, 2018, 12:01:53 PM
 #26

I recommend to use Bitrex and Bitfinex or Kraken.
Iykecollins
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August 31, 2018, 01:38:31 PM
 #27

Particular I will recommend Binance especially if you are a day trader, have been using them for the past one year and services have been seemless, their stop loss features makes one to be able to sleep soundly while placed some trade and most importantly their trading app is top notch.... Need to say more

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August 31, 2018, 04:12:07 PM
 #28

There are hundreds of exchanges out there, in order
to evaluate the exchange that's perfect for you,
fees, daily volume, transparency, and security.
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August 31, 2018, 04:47:23 PM
 #29

Hi I am just new in trading I just want to know how do you pick a trading platform? I am so confuse on how to pick a nice trading platform also I want to know what coin should I start to used for my trading.
 

There is no clear answer to this question because you have a chance to determine your preference according to your options. Unfortunately, we can not do all the ERC-20 Tokens in the Binance market, but we have a chance to trade with all the ERC-20 Tokens over Forkdelta. As another example, I can say that Switcheo service can only trade NEP-5 Tokens with this service. So even for the simplest reason, it is possible to specify transaction options, but some other points can also influence the choice. For example, some examples can be listed through options known on the sector. Transaction volumes, security precautions, support services and server speeds can be important details for me as I select services. It is also important to note that services with low transaction volumes should never be preferred.
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September 01, 2018, 02:03:35 AM
 #30

You need to start by learning how to analyze the market, coin, chart, ... Youtube dot com will be the easiest place to learn it. Then follow some projects to choose the project you feel best and you can start investing in a project with a small amount of capital.
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September 01, 2018, 02:13:57 AM
 #31

Hi I am just new in trading I just want to know how do you pick a trading platform? I am so confuse on how to pick a nice trading platform also I want to know what coin should I start to used for my trading.
 
Binance will be a great trading platform. There you will not worry about account being hacked. I have been involved in this trading for quite a long time and now I have not been hacked yet.
Beside that, Binance just gathered the potential altcoins and I believe it is the best trading platform for newbie like you. Wink

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September 01, 2018, 02:26:12 AM
 #32

Hi I am just new in trading I just want to know how do you pick a trading platform? I am so confuse on how to pick a nice trading platform also I want to know what coin should I start to used for my trading.
 
I think you should join Bittrex, it's a good trading platform and has a nice looking interface. Many investors have joined the trading floor and it looks like the level of its security is quite good. Besides, the transaction fee is quite low and I like it most.

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September 01, 2018, 03:30:49 AM
 #33

With my previous experiences, hitbtc was just a right trading environment which has given me great opportunity during those time I traded those coins I shortly hold in my wallet. I had been doing some good times with other exchanges, but nothing beats what I had with hitbtc's journey. Their support was been true to the traders, since with the last concerns I had with them they refunded those unsuccessful network withdrawal I had, so it helped me decide to stay and trust their companionship.
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September 01, 2018, 04:00:41 AM
 #34

Hi I am just new in trading I just want to know how do you pick a trading platform? I am so confuse on how to pick a nice trading platform also I want to know what coin should I start to used for my trading.
 
I think you should pick a decentralized platform because with that you have full control of your funds, i can suggest you use IDEX as this is the most popular now among those DEX platform. If you are well versed with trading then you can go to centralized exchange which i think there are hundreds out here.
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September 01, 2018, 05:29:58 AM
 #35

Hi I am just new in trading I just want to know how do you pick a trading platform? I am so confuse on how to pick a nice trading platform also I want to know what coin should I start to used for my trading.
 

In choosing exchange trading platform you must check the volume first and one of the good example for this are Binance, okex, Bitfinex, kucoin

and Bittrex, then I suggest you to start to buy altcoins with low price value but potentials and has a high volume too in the market then just not

below 5btc in volume is a good one to buy in.
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September 01, 2018, 06:14:58 AM
 #36

There are many good and trusted trading platforms but u choose which one u are more convenient. But my pick is Binance.. Tokens tradable in binance are with potentials.. There are many more trading platforms, you can check it in coinmarketcap, check whose leading in terms of 24hrs trading volume, monthly trading volume etc..
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September 01, 2018, 08:42:33 AM
 #37

You have to chooce it according to high daily trading volume, friendly customer support, and that exchange listed alot of potential coin. And so far Binance exchange is the best choice. To start trade chooce coin that the price in the bottom and has higher trading volume.
That customer support is something that is extremely important and it is also necessary to choose a platform where the issues about it has not been extremely too much. There are series of reviews online for most trading platforms which I believe someone who is willing to trade will know how to go about researching most of the reviews of each platform.

Picking a nice trading platform should not be the main target for any new trader, what is important is picking the right strategy. The only thing that makes trading platform different from each other is basically on how reliable they are and for how long they have been operating as well, which also balls down to security.

Bittrex is a very good one as well as binance which can give you the chance to do any of your analysis. Not like I trust any trading platform anyway, but there is no choice but still, they look more reliable for me so far. I am not a fan of logging in most of the time on the trading platform which is the reason I make use of my API on coinigy and tab trader to trader any of the exchanges directly.

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September 02, 2018, 02:38:05 AM
 #38

It's difficult to say which platform is better. Time showed that even at exchanges with high turnover reliability and higher, they can also will be bankrupt. I like Binance, they to have smaller a technical work.
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September 02, 2018, 03:02:14 AM
 #39

There are many trading platforms, each of which has its advantages and disadvantages. all you have to do is adjust it to your needs. one of them is by looking at the interface, is it clear, intuitive, easy to use and written in your language? The better the first impression, the greater the trust in the trading platform that meets your needs.
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September 17, 2018, 10:29:55 AM
 #40

Security and available payment methods are the main factors, which I'm taking into consideration at the process of choosing exchange. And mostly they play a decisive role. Speaking about available coins, try to trade with cheap, but promising altcoins at start. Though experts don't recommend to start with atls, but I think that this way the process of entering crypto might be easier. But don’t waste your funds on shady coins and start with reliable ones anyway. For example, first exchange that I used was cex, which, as we all know provides quite limited list of coins, but this way I was sure that I won't invest in something worthless.

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