New Exchange: Should I trade?

[audaciousbeing]

Hello everyone, I saw a new CFD trading platform for cryptocurrency. (www.mavsecure.com) I met a guy in TG and he referred me. So, how safe is to trade in CFD platforms? Is it profitable ?

New exchange sites should be given the chance to grow and its by patronizing them that is made possible. However, its not something that should be done blindly because in the midst of those that are genuine entrepreneurs who are trying to carve a niche for themselves, so also are those that are bound to reap people off so knowing the about such site in details before committing funds there is very essential. But the question I can't seem to understand is how the platform to trade is in relation to the profit that would be made. Aside the variance in the fee charged by exchange sites platforms and volume of coins to trade with, there determinant of profit is the entire market.

[vatman00]

It depends. First of all you have to read their whitepaper & decide wheather that project can be a real one or not. Then checkout their social media responses & teams responses. Than you may evaluate their volume & start trading.

[princerepon]

Hello everyone, I saw a new CFD trading platform for cryptocurrency. (www.mavsecure.com) I met a guy in TG and he referred me. So, how safe is to trade in CFD platforms? Is it profitable ?

its too risky to trade with new exchange. without proper information about new exchange its too risky to trade. so my opinion is stay way from those new exchange and trade with trust able exchange like binance, bittrex, kushare etc.

[miyaka26]

I don't think you should trade.We don't know if the new exchange is safe.And the trading volume of the new exchange is very small.

This is true, there are loads of new exchanges and some of them are full of scams and viruses you never knew not unless you've done some research over the exchange plus they are new so there might be some bugs, glitches and system failures to their security once a genius geeks explored and exploited their platform but there are decent ones inspite their fresh platform to the industry so beware.

[Sri rahayu]

Why did you choose to follow it to try new markets? Lots of good markets out there, i only try new markets when I get koin other than bitcoin, and that must also be included with the official announcement from the coin team and not from references, so as not to be fooled.

[Zadicar]

Hello everyone, I saw a new CFD trading platform for cryptocurrency. (www.mavsecure.com) I met a guy in TG and he referred me. So, how safe is to trade in CFD platforms? Is it profitable ?

its too risky to trade with new exchange. without proper information about new exchange its too risky to trade. so my opinion is stay way from those new exchange and trade with trust able exchange like binance, bittrex, kushare etc.

Why wont give them a chance? We know that all exchangers do really comes into this initial phase since they do start up.Its not right to say not to trust new exchangers but I agree the chances of risk on suffering problems is high due that they are not still known by lots of people but they can possibly deliver their job or service on people well and might get some reputation gradually.
I have checked out it by looks of it, it isn't really bad at all.

[Indrawan77]

Why did you choose to follow it to try new markets? Lots of good markets out there, i only try new markets when I get koin other than bitcoin, and that must also be included with the official announcement from the coin team and not from references, so as not to be fooled.

There is nothing wrong with trying the new market or new exchanges as long as we can confirm it is legit, and some of the coin with huge and merry official announcement also can be scam, so we can't believe some project only based on the official announcement there are a lot of thing to search before entry into the market, trying new things is necessary to widen your knowledge but there are scammers lurking around, so you need to be extra careful especially when there is someone contacting you to introduce the market

[novaprime]

Hello everyone, I saw a new CFD trading platform for cryptocurrency. (www.mavsecure.com) I met a guy in TG and he referred me. So, how safe is to trade in CFD platforms? Is it profitable ?

its too risky to trade with new exchange. without proper information about new exchange its too risky to trade. so my opinion is stay way from those new exchange and trade with trust able exchange like binance, bittrex, kushare etc.

New Exchange often has a lot of problems with liquidity and low transaction volume that will cause these new exchanges to collapse soon. I usually only select the old exchange because of its higher reliability and help me manage the property in the safest way.

[hahay]

Why did you choose to follow it to try new markets? Lots of good markets out there, i only try new markets when I get koin other than bitcoin, and that must also be included with the official announcement from the coin team and not from references, so as not to be fooled.

There is nothing wrong with trying the new market or new exchanges as long as we can confirm it is legit, and some of the coin with huge and merry official announcement also can be scam, so we can't believe some project only based on the official announcement there are a lot of thing to search before entry into the market, trying new things is necessary to widen your knowledge but there are scammers lurking around, so you need to be extra careful especially when there is someone contacting you to introduce the market

Agree, as long as you are willing and indeed a trader, there is no harm in always trying a new exchange, because having lots of places for trading will make you have more references that will benefit you yourself.

[maydna]

Hello everyone, I saw a new CFD trading platform for cryptocurrency. (www.mavsecure.com) I met a guy in TG and he referred me. So, how safe is to trade in CFD platforms? Is it profitable ?

I don't know about that exchange because this is my first time to hear about the site. I think if you want to try to trade in that site, you can start with a small amount first and see what it happens later. I don't want to use a big amount of money in a new exchange because I don't know if the exchange site is very safe to trade and how the owner can secure their website from the attacker that might comes to them to search the weakness of the site. I don't know about the profitable because I don't try to trade in that site and perhaps, I will know how good their website after I try to buy and sell for a month or two month so I can decide to stay on that site or not.

[karungbitcoin]

You can use that trading platform when the price of Bitcoin downtrend because you can make profit by short the price and when you have prediction the price will rise for the better trade real Bitcoin on spot market because will promising higher profit with less risk than margin trading. CFDs trading is more risky because use of leverage.

[Gginger]

I may not understand something, but a person just found out about a new and trading platform, and already asks how to trade in it? if you just learn about something, and especially from telegram, it is better to first read on the Internet about the platform, and if something is not clear, then learn incomprehensible terms and definitions. This is the same as I ask: "what is a wedge bit and how to earn money on it?" Without knowing what a computer is.

[Shiversnow]

Hello everyone, I saw a new CFD trading platform for cryptocurrency. (www.mavsecure.com) I met a guy in TG and he referred me. So, how safe is to trade in CFD platforms? Is it profitable ?

If someone reffered you a link or trading site kindly check it if its legit or its belong to the best and safe trading sites so you can assure that you money will not gone. There are many CFD platform but I suggest you should preferred to trade in trusted site.

[raghovsing34]

According to me trade in new exchange is always very risky. Also daily trading volume is not so much high and that's why you can't get much benefits.

[ufaiz50]

Hello everyone, I saw a new CFD trading platform for cryptocurrency. (www.mavsecure.com) I met a guy in TG and he referred me. So, how safe is to trade in CFD platforms? Is it profitable ?

I don't know about this platform, as long as there is good feedback from users I think there is a not harm to trying it, you know the crypto market is very hard to trade and margin, so far I'm still focusing on assets that I hold on some exchangers and don't plan to put assets on another exchanger platform.

[Pursuer]

According to me trade in new exchange is always very risky. Also daily trading volume is not so much high and that's why you can't get much benefits.

first of all you don't need high trading volume to be able to make profit from trading on some exchange platform. you just need it to not be dead and have some minimal volume so that it can cover your orders. how much you are you going to buy and sell anyways? 100BTC worth of coins?!
secondly trading volume is not a good indication. meaning if some exchange has high volume it doesn't make it a good one. they can easily fake that data.

[izanagi narukami]

Just make sure that the exchange is trustable based on community feedback.
And remember for not put any fund on exchanger eventhough it's like poloniex or bittrex because we can't predict what will happen in the future.
As we all know that cryptocurrency is full of unpredictable things include current btc value 

[The Cryptologist]

Hello everyone, I saw a new CFD trading platform for cryptocurrency. (www.mavsecure.com) I met a guy in TG and he referred me. So, how safe is to trade in CFD platforms? Is it profitable ?

Anyone in telegram can refer you anything and make it sounds good to your ears but you need to make your own research when it involves investing your money. I've seen many kinds of recommendation online and besides you don't personally know the guy.

[bitbunnny]

Personaly I would prefere to trade on exchange with certain good reputation and that has considerable number of users who are satisfied with service, a transparent terms of use. Also it's very important to me that it's legitimate and trustworthy and good covered with customer support.
The site you asked for doesn't give me confidence but I'm not saying it's a scam. But before you put your money there make the due diligence, don't rush.

[emmybd]

Well, you should be careful in trading new exchange, as there are many scam exchanges if you deposit funds in those exchanges then you have to certain that you can withdraw funds or you would loss all your funds.