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Author Topic: New Exchange: Should I trade?  (Read 17488 times)
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January 31, 2019, 05:02:15 AM
 #61

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 ?

We all know there's no activity without risk, you should have plan to minimize risk before use or enter something. About exchanges, you can have right opinion by use their services, isn't good or bad?. All about practice, trial and glory will create better person.
Maybe at least OP want to know that exchange is safe or not, because some of us maybe only have a little amount of money to transacted and if the exchange is scam, we can loss that a little amount of money which only we have. But if me my suggestion only use reputable market and do research before use new market especially if not really famous.
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January 31, 2019, 05:55:42 AM
 #62

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 ?

We all know there's no activity without risk, you should have plan to minimize risk before use or enter something. About exchanges, you can have right opinion by use their services, isn't good or bad?. All about practice, trial and glory will create better person.
Maybe at least OP want to know that exchange is safe or not, because some of us maybe only have a little amount of money to transacted and if the exchange is scam, we can loss that a little amount of money which only we have. But if me my suggestion only use reputable market and do research before use new market especially if not really famous.
New exchanges are not safe for trading with big turnover. If op is planning to enter trade with last money then this discussion useless due to obvious reasons. Btw CFD contracts are not best for leveraged trading and other alternatives can give better returns for same trade.
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January 31, 2019, 06:14:01 AM
 #63

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 ?

We all know there's no activity without risk, you should have plan to minimize risk before use or enter something. About exchanges, you can have right opinion by use their services, isn't good or bad?. All about practice, trial and glory will create better person.
Maybe at least OP want to know that exchange is safe or not, because some of us maybe only have a little amount of money to transacted and if the exchange is scam, we can loss that a little amount of money which only we have. But if me my suggestion only use reputable market and do research before use new market especially if not really famous.
New exchanges are not safe for trading with big turnover. If op is planning to enter trade with last money then this discussion useless due to obvious reasons. Btw CFD contracts are not best for leveraged trading and other alternatives can give better returns for same trade.

all big and popular exchange such as binance , poloniex , kuckoin and others were also started as a noob or a newbie before they got thier reputation and became succesful  . so you cant just say that new exchange are not safe because that is a disrespect  .  best way to tell if a scam or not is to check them properly . deposit light amounts and start trading on the exchange   but scammers wont pull off a scam with a little to less profit . they must wait for the exchange to grow big .
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January 31, 2019, 08:41:44 AM
 #64

if you find a new place of exchange you should be able to see more about the security on the exchange, and as much as possible for not too much money you use there because it is still a new exchange place, it is better to avoid the risk rather than face the risk.

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January 31, 2019, 08:44:39 AM
 #65

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 think you should not trade on new exchanges. The new exchanges are really unreliable. Mavsecure's interface is also really not beautiful and it is not created with care.
Trade on major exchanges, there is high security and there are supporters who always support you.

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January 31, 2019, 09:16:34 AM
 #66

I'd better research about it first. For example when was ICO, what team, how ,uch raised, how it works inside. Because there are to much exchanges at this time. But there are some interesting. For wxample DexAge. They are running an ICO, but already have MVP. So quite interesting.
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January 31, 2019, 09:36:35 AM
 #67

Be careful with new exchanges if you want to trade, because there is an event to attract users, maybe I would suggest reviewing on several sites or forums, if you want to trade on new exchanges


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February 01, 2019, 04:18:20 AM
 #68

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 ?

Try trading with small amounts, new trading platforms are still on testing stage. It may take a while since most trading platforms are still testing their security and looking for bugs. It is risky to put a large amount of crypto in new exchange. Trade at your own risk.
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February 01, 2019, 04:52:53 AM
 #69

It is not advisable to trade in the new exchanges because we don't know how potentially they are providing security to our coins. So always try to use old exchange which has huge potential in the market because news exchanges may have fewer securities compared to old ones.
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February 01, 2019, 05:08:51 AM
 #70

It is not advisable to trade in the new exchanges because we don't know how potentially they are providing security to our coins. So always try to use old exchange which has huge potential in the market because news exchanges may have fewer securities compared to old ones.
Most of the exchange's security is shit so don't trust them for holding coins only use it while trade and then move it to your wallets.

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February 01, 2019, 11:34:31 AM
 #71

It is not advisable to trade in the new exchanges because we don't know how potentially they are providing security to our coins. So always try to use old exchange which has huge potential in the market because news exchanges may have fewer securities compared to old ones.
Most of the exchange's security is shit so don't trust them for holding coins only use it while trade and then move it to your wallets.

   Once upon a time crypto-currencies were new for all of us. Now there are new things out there in crypto-space, why not to give them a chance.
Reputable exchanges are reputable for a reason, but even new exchanges deserve to be tried before we comment about them.
   New ICO`s, new exchanges, new people, we need to give someone a chance before we judge them.
   I needed to say that after I saw how many comments there are from people who didn`t even try it!



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February 01, 2019, 11:39:59 AM
 #72

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 ?
This is really a normal trading platform and not a good trading platform. You should not trade on new exchanges because their security system is not good and your money is easily lost.
You should trade on large exchanges like Binance, Okex, Houbi, ... transaction fees are a bit more expensive but it will make our money safe.

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February 01, 2019, 12:24:46 PM
 #73

looking for valid information about the exchanger is the right step for you to take before joining it. well, sometimes we can find out through people's comments on the telegram, or anything else. sometimes a new exchanger takes care of new things and that's quite interesting.
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February 01, 2019, 12:34:38 PM
 #74

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 ?
This is a perfect style of advertising lol thats an obvious thing ,because how stupid the question to ask if the exchange is profitable when the truth is we will be responsible for our gains and not the exchangers

Why try other exchange when you can have a much safer and more complete sets of coins or tokens you might consider to buy?common mate stop fooling people here we have more than enough since then
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February 01, 2019, 12:57:33 PM
 #75

It is not advisable to trade in the new exchanges because we don't know how potentially they are providing security to our coins. So always try to use old exchange which has huge potential in the market because news exchanges may have fewer securities compared to old ones.
Most of the exchange's security is shit so don't trust them for holding coins only use it while trade and then move it to your wallets.

Why worry when we got Binance already? It's not the perfect exchange out there and obviously it is vulnerable to every threats from hackers, it's just that hackers would target those more vulnerable exchanges that has quite circulation of coins and not just a random wasteland that doesn't have anything that could trigger them. It's not even advisable to just hold your coins beside exchange, since the private key isn't in your possession. I am not pointing that you can't trust those trusted exchange but what I mean is, in case the worst has yet to come, you still got your backup key.
Even binance can be hacked or scam you because its still a centralised crypto exchange so use DEXs if you want to be in full control of your Holdings or just move funds too often to wallet and exchanges.

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February 01, 2019, 01:40:38 PM
 #76

Before trade anything else you need to know first if that trading site is really safe to trade and getting some feedback of the people who already tried it is very useful because you can know what is your going to do next . Do researching about the trading site that you give to us.
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February 01, 2019, 02:58:47 PM
Last edit: February 05, 2019, 05:00:18 AM by bitcoin31
 #77

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.
Correct you do not know if that legit or not. First do research to know legality it's better to be careful and asking a lot of question and do some suggestion to the people who are expert or experienced in trading to avoid or preventing to lost of your money because I have experienced exchange who are new and after I deposited my withdrawal is pending and now is scam.
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February 01, 2019, 05:03:47 PM
 #78

I believe the best place OP can start should be https://coinmarketcap.com/exchanges There is a reason there is a hierarchy among the listed exchanges. Take your time and visit chat rooms of whatever exchange you're planning sending your cryptos or cash to and hear what other customers have to say about them.

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February 01, 2019, 05:20:22 PM
 #79

Mostly new exchange nowadays are not provably fair mate and sometimes totally scam and very difficult to determine base on my experience and research as well.  Which is if i were you much better to choose those legit site and the most reliable just to assure your funds is safe and less worries . Don't put your capital into risk situation that can cause you to regrets in the future, bear it on your mind mate!
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February 01, 2019, 06:48:19 PM
 #80

Mostly new exchange nowadays are not provably fair mate and sometimes totally scam and very difficult to determine base on my experience and research as well.  Which is if i were you much better to choose those legit site and the most reliable just to assure your funds is safe and less worries . Don't put your capital into risk situation that can cause you to regrets in the future, bear it on your mind mate!
yes you are absolutely right most of the new exchanges had to be to searchable before entering into that so if you are doing new investment in an exchange it will be more risky so make the step more useful by using long time.
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