If you are new to crypto trading, and looking for a platform to trade, here are some platforms I use.
Share with all of you!
Criteria:
Trading Volume ✳️ Secure level ✳️ Commission fee - W=withdrawal fee T=Trading fee ✳️ Listing coins ✳️ Trading pairs
Options:1.
Binance: [Strongly and Most recommended✨]
- Trading Volume/Liquidity : ⭐⭐⭐⭐⭐
- Secure level : ⭐⭐⭐⭐
- Commission fee : 0.1%(W&T) Detail
- Listing coins : 350+
- Crypto trade:✔️
- Fiat trade:✖️
Other Comments: Stable, Old, High Vol, Cheap commission fee, User friendly(Web & Apps)
2.
Bitfinex: (ps. Required for 10k deposit)
- Trading Volume/Liquidity : ⭐⭐⭐⭐
- Secure level : ⭐⭐⭐⭐
- Commission fee : 0.1-1%(W) 0-0.2%(T) Detail
- Listing coins : 80+
- Crypto trade:✔️
- Fiat trade:✔️ - USD, EUR
Other Comments: Stable, Not many coins available, Not suit for low-cap investor
Here is some Korea Exchanges, selling price relatively higher, recommend to sell them here.3.
Bithumb (ps: Not a well exchange now - security issue happened, consider well if you really want to use!!)Many comments on better delete Bithumb on the list, and I add a delete line on it but leave the information for reference- Trading Volume/Liquidity : ⭐⭐⭐⭐
- Secure level : ⭐
- Commission fee : 1000KRW(W) 0.15%(T) Detail
- Listing coins : 40+
- Crypto trade:✔️
- Fiat trade:✔️ - KRW
Other Comments:
Not good secure exchange anymore, High Vol, Not many coins available
4.
Upbit :
- Trading Volume/Liquidity : ⭐⭐⭐
- Secure level : ⭐⭐⭐
- Commission fee : 0.25%(W&T) Detail
- Listing coins : 250+
- Crypto trade:✔️
- Fiat trade:✔️ - KRW
Other Comments: Not much volume as Bithumb but no secure issues so far
*******Additional information************
5.
Bittrex - Recommended by
FlamingFingers:
- Trading Volume/Liquidity : ⭐⭐⭐⭐
- Secure level : ⭐⭐⭐⭐
- Commission fee : 0.25%(T)Free(W) Detail
- Listing coins : 250+
- Crypto trade:✔️
- Fiat trade:✔️ - USD
Other Comments: High Vol, No security issue ever, Simple to use,
No withdrawal fee, familiar interface, KYC was not too difficult, withdrawal quickly processed
6.
Poloniex - Recommended by
Reid: Long history, safe, speedy, Lower withdrawal fees(50k sats)
- Not recommended by
elewton: laggy, needs KYC every time
- Trading Volume/Liquidity : ⭐⭐⭐
- Secure level : ⭐⭐⭐
- Commission fee : 0.1-0.2%(T)Free(W)Detail
- Listing coins : 100+
- Crypto trade:✔️
- Fiat trade:✖️
7.
Kucoin - Recommended by
Miro22 and
CodyAlfaridzi:
- Trading Volume/Liquidity : ⭐⭐⭐
- Secure level : ⭐⭐⭐
- Commission fee : vary(W) 0.1%(T) Detail
- Listing coins : 350+
- Crypto trade:✔️
- Fiat trade:✖️
Other Comments: Relatively new and small, great potential, doing well on user experience
8.
Bitmex - Recommended by
CodyAlfaridzi:
- Trading Volume/Liquidity : ⭐⭐⭐⭐⭐(bearish market)
- Secure level : ⭐⭐⭐/⭐
- Commission fee : Detail
- Listing coins : 1+
- Crypto trade:✔️
- Fiat trade:✔️ - USD
Other Comments: Provide leverage&margin service, High vol, No need KYC. network
FAQ:Why do we need to use several platforms?
For stable and profitable work in the future, any trader will need several exchanges for several reasons:
1. There are different trading pairs on different exchanges.
2. On some exchanges there is direct input of fiat (sometimes it is very important and convenient).
3. Sometimes all exchanges conduct technical work. Using several exchanges, you will be able to trade even if some of them will conduct technical work.
4. Sometimes exchanges are exposed to hacker attacks. Therefore, you need several exchanges, this will give you the opportunity to always have access to at least part of your deposit.
5. Different exchange rates. Sometimes the exchange rate of a particular currency is very different from the exchange rate on another exchange, so you can profitably sell and buy the currency back.
Thanks EXtremeAEX for information
Welcome to other suggestion ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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