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Author Topic: Trading from a mobile application on Android.  (Read 1442 times)
Dimon8 (OP)
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October 02, 2018, 09:16:43 PM
 #1

Hello community. I recently started trading with Android on Binance, everything works simple and clear. Does anyone trade with Android on other exchanges? what exactly? share your experiences. Thank you.
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October 02, 2018, 10:21:12 PM
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Trading can be done at any place as long as it's convenient to you in doing the activity you had. Just assure that you're application is safe when you perform the trading in your mobile phone, and avoid phising sites that may hinder your security on private information you had, specially your private keys.

nydiacaskey01
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October 02, 2018, 11:57:43 PM
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I dont see any problem with using a smart phone in trading. I use to trade using my android phone with Bittrex and Poloniex. The downside of using an android phone is connection maybe slow and you may miss an opportunity to sell or buy because of the internet speed compared to trading using a regular desktop or laptop.
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October 03, 2018, 04:02:41 AM
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I dont see any problem with using a smart phone in trading. I use to trade using my android phone with Bittrex and Poloniex. The downside of using an android phone is connection maybe slow and you may miss an opportunity to sell or buy because of the internet speed compared to trading using a regular desktop or laptop.

Along with this, Bitfinex has a mobile app[1] too. In my opinion, Binance's app might be the best among the others(though I haven't opened Bitfinex's app for a long time already). It's completely up to you on which you should use. But if you're comfortable enough with Binance's then stick with it. Just make sure to secure your account with a good password and 2FA.


[1] https://www.bitfinex.com/app

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h0lybyte
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October 03, 2018, 06:27:02 AM
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Of course you can find many other exchanges like okex,bittrex, poloniex, idcm having android app support but i never felt need to move to one of these exchanges because binance is much smooth and perfect in experience.
The most important factor we should consider while trading is security of your money and binance has everything a trader needs
crossabdd
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October 03, 2018, 06:53:50 AM
 #6

I personally trade bitcoin using the smartphone application. I use tabtrader, kucoin, coinbene, forkdelta, tokenjar, etc. all smoothly. no problem. especially tabtrader, I like to use this application because many indicator options can be used to see price movements. I am more comfortable using a smartphone than a laptop. because it can trade anywhere.
Gozie51
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October 03, 2018, 07:53:35 AM
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I also don't have any issue with trading with smartphone, it is more convenient because I don't have to worry about going back home to login to a desktop computer etc. Tabtrader is just one touch to good trading experience.
reflector
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October 03, 2018, 08:59:06 AM
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Hello community. I recently started trading with Android on Binance, everything works simple and clear. Does anyone trade with Android on other exchanges? what exactly? share your experiences. Thank you.
Binance is a great exchange in crypto trading and some other exchanges also user friendly. So you should try poloneix and kucoin it will make better profit in this market. I don't recommend new exchange because you should choose the cryptocurrency then search the listed exchanges is the good way and many top exchanges also not listed in many projects so you may continue this exchange. The current trend all the peoples are move to smart way so we will adopted the current generation but laptop is the more convenient for me.
Sylvial
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October 03, 2018, 09:03:56 AM
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Hello community. I recently started trading with Android on Binance, everything works simple and clear. Does anyone trade with Android on other exchanges? what exactly? share your experiences. Thank you.

Trading on mobile devices is done for convenience. However, I think beyond the basic functions of placing trades and withdrawals, you may not for example have the elaborate function of being able to convert small amount of tokens to BNB
bob123
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October 03, 2018, 09:11:49 AM
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Using your mobile to access your exchanges account is a very bad idea. Especially if your 2FA device also is your mobile..
In this case you actually don't have any 2FA anymore. It would be enough to compromise your mobile phone, to get access to all of your coins on the exchanges.

Security-wise that's a disaster. Now add that to the fact that most mobile manufacturer skip from 1 up to 4 android-security patches (while showing you the most up-to-date version).
This creates a lot of gateways for an malicious actor to compromise your mobile and therefore also your cryptos stored on the exchange.


I'd heavily suggest NOT to use the mobile phone (or at least not the same device as your 2FA device) for trading etc..

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October 03, 2018, 09:40:43 AM
 #11

Hello community. I recently started trading with Android on Binance, everything works simple and clear. Does anyone trade with Android on other exchanges? what exactly? share your experiences. Thank you.
Any application that is very helpful for daily traders, I use Binance is no problem, it is very helpful to quickly take good opportunities to trade with an internet connection that is always good, using only one application is enough, the continuity of each trading process depends on the conditions themselves whether it is adequate or not, as needed.
Dimon8 (OP)
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October 03, 2018, 01:38:28 PM
 #12

Hello community. I recently started trading with Android on Binance, everything works simple and clear. Does anyone trade with Android on other exchanges? what exactly? share your experiences. Thank you.

Trading on mobile devices is done for convenience. However, I think beyond the basic functions of placing trades and withdrawals, you may not for example have the elaborate function of being able to convert small amount of tokens to BNB
In the Binance mobile application there is a function for converting the balance into BNB.
Dimon8 (OP)
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October 03, 2018, 01:49:27 PM
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Using your mobile to access your exchanges account is a very bad idea. Especially if your 2FA device also is your mobile..
In this case you actually don't have any 2FA anymore. It would be enough to compromise your mobile phone, to get access to all of your coins on the exchanges.

Security-wise that's a disaster. Now add that to the fact that most mobile manufacturer skip from 1 up to 4 android-security patches (while showing you the most up-to-date version).
This creates a lot of gateways for an malicious actor to compromise your mobile and therefore also your cryptos stored on the exchange.


I'd heavily suggest NOT to use the mobile phone (or at least not the same device as your 2FA device) for trading etc..

My device from which I access the Exchange is not my mobile phone. 2FA protection is provided via another mobile device. My rhythm of life does not allow me to trade from a stationary computer, so I have to use mobile devices. Thank you.
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October 03, 2018, 01:50:54 PM
 #14

I dont see any problem with using a smart phone in trading. I use to trade using my android phone with Bittrex and Poloniex. The downside of using an android phone is connection maybe slow and you may miss an opportunity to sell or buy because of the internet speed compared to trading using a regular desktop or laptop.

Along with this, Bitfinex has a mobile app[1] too. In my opinion, Binance's app might be the best among the others(though I haven't opened Bitfinex's app for a long time already). It's completely up to you on which you should use. But if you're comfortable enough with Binance's then stick with it. Just make sure to secure your account with a good password and 2FA.


[1] https://www.bitfinex.com/app

I never expected for such exchange to get a mobile app like I don't really do it anyway but I won't be surprise that these large exchanges will provide some. Is it stable like it doesn't have that many flaws in the way that it is next to using the desktop site with just reduced size in UI?

It depends on the exchange. Some of the apps of the exchanges are pretty much just the web client with wrappers to make the user experience slightly better. On Binance though, the app is definitely pretty slick, as you would expect from one of the top exchanges we have right now. I have no complaints for now(though I rarely use it as I always prefer doing research and trades on a laptop/desktop).

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carlisle1
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October 03, 2018, 02:26:40 PM
 #15

Trading can be done at any place as long as it's convenient to you in doing the activity you had. Just assure that you're application is safe when you perform the trading in your mobile phone, and avoid phising sites that may hinder your security on private information you had, specially your private keys.

Since android has limited security and prone from virus and phishing sites so be careful from entering sites because we know how crypto users Are targeted by this illegal activity maker.

But trading in gadget is normal as long as you are comfortable from platforms you are doing ,and until you are profiteering then just continue
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October 03, 2018, 03:05:33 PM
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Hello community. I recently started trading with Android on Binance, everything works simple and clear. Does anyone trade with Android on other exchanges? what exactly? share your experiences. Thank you.
I never used actual trading in android apps but I have apps account in Bitfinex, for me, these apps exchanges aside from the website is good especially when you are in travel you can easily check your portfolio as well. But apps are prone to hacking or there are possibilities that to be a clone from the google apps store that leads to hacking on your account. As long as you activate your 2fa authentication then, you don't need to worry.

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October 03, 2018, 05:02:41 PM
 #17

i use 2 trading markets on android, binance and indodax it's good because it's very easy. but I prefer market binance because it is very complete when compared to indodax it is very much the difference. I prefer to binance because it's very easy and good

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October 03, 2018, 05:28:02 PM
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I have really bad experience using android application to trade as once I made a big mistake just because of mistyping number so I sold a coin cheaper than its normal rate at that time. Indeed it is simple to use android app but I would prefer using PC to trade as I can see better UI and I can minimize such mistake because of bigger screen.

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October 03, 2018, 05:53:32 PM
 #19

I have really bad experience using android application to trade as once I made a big mistake just because of mistyping number so I sold a coin cheaper than its normal rate at that time. Indeed it is simple to use android app but I would prefer using PC to trade as I can see better UI and I can minimize such mistake because of bigger screen.


Yup. You wouldn't catch me doing anything that vital on a phone.

Maybe it's because I'm an oldie, but PCs have much, much more precision and that's the one thing you don't want to give up if you're throwing your money around with a vengeance.

More often than not android equivalents to websites turn out to be much curtailed in terms of the options and information available too. I don't get why anyone would favour a phone.
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October 03, 2018, 07:52:03 PM
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Just like @gentlemand, I'm a old school so I'm not comfortable trading using a mobile phone, (plus I need my glasses, LOL). I'm sure that  most of the crypto trading platform have fully functional mobile app for both Android and iOS users. I guess to each his own, if you're always on the go then mobile trading is better suited for you, but for those people (like me) prefer doing trade in front of their desktop or laptop to minimize lost.

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