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Author Topic: How to pick a trading platform?  (Read 453 times)
taiwww
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October 27, 2018, 10:51:03 AM
 #61

you basically choose a trading platform that has not scammed anyone YET and pray to god that when they start scamming people you detect it fast and are capable of withdrawing before you lose everything you have on that exchange. because they will eventually scam you.

Literally died laughing when I read this one, and yet I am replying here. LOLZ.

Yes off course this is major concerns these days, the safety! It is very important that one should be having good platform with security measures taken for the safety of our funds. Now anyone trading on the exchanger with good amount is always fearsome because you are literally giving away your money to the exchanger when you place your trades. There is no way to recover them if something bad happens, like hacks, scams etc. You dont own private keys over there so you have to be cautious about it always.

Another approach is, volume, prices, number of coins and market cap for the exchanger should be in good standing position.
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January 27, 2019, 10:40:05 AM
 #62

Many case of exchange get hacked so we have to use exchange that really can guaranted our fund is safe, currently only Binance that was create SAFU program, Secure Asset Fund for Users (SAFU) will protect all users of Binance incase there are any hack or others incident. Hopely others exchange will create the same program to give better high security  to all crypto community.

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January 27, 2019, 02:30:10 PM
 #63

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
Yeah it's very very important for mid and long term traders. Cause if we keep our coins on exchange for long time then we may lose our coins by hackers.

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January 27, 2019, 02:56:44 PM
 #64

Binance looks to be the most popular exchange among traders.  They have a very large selection of cryptos, low fees, and are considered trustworthy by most of the community.  You can even use Binance coins for lower trading fees.
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January 27, 2019, 03:24:45 PM
 #65

Binance looks to be the most popular exchange among traders.  They have a very large selection of cryptos, low fees, and are considered trustworthy by most of the community.  You can even use Binance coins for lower trading fees.
We do read and heard about this exchange and coming from people who usually deal with this business, binance really got a job well done from this field, most of the traders looks for securities they are concerned about potential issue that may occur and binance got the edge having advance solutions and
offer assurance that's why they've attract more traders to use their platform.
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January 27, 2019, 04:55:55 PM
 #66

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.
 

It's so difficult actually to choose a platform as a new .I think there are many things to know as well  related on the market .At first you just try to know the market and how it works after that you will start trading gradually .However  there are lots of market here and there on base of crypto . I just trade on high volume and centralized market . I can suggest you to see the centralized market . I think at first you can trade on top ranked coin that helps you to understand the whole think easily.

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January 27, 2019, 05:12:38 PM
 #67

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 choose an exchange platform based on a lot of factors especially the support from potential developers. In particular, these developers attract potential users. Besides, these potential users will help you attract more users to use your platform.

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January 27, 2019, 10:58:08 PM
 #68

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 choose an exchange platform based on a lot of factors especially the support from potential developers. In particular, these developers attract potential users. Besides, these potential users will help you attract more users to use your platform.
It eventually work well when there is a huge volume on it,  as it is more attractive cause it usually the price is more higher than of the others. Do the team must be pro active and the queries must be address immediately and the action needed.  If that is missing,  it surely traders won't particularly live it and never risk their money on there.

 
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