New Exchange: Should I trade?

[akram143]

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!

before choosing and new exchange we need to know something and that is most of the new exchanges or not a trusted exchanges so confirm that you are using good exchange after that you can make an exchange and that this will the right procedure to do.

[maydna]

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.

I will only suggest choosing the big, recommended, and reputable exchange than to try a new exchange because it's too risky, we don't know how good they can handle the security of the exchange website. There was an exception for a small exchange which can run stable without having too much problem so I might suggest trying that website to trade. But so far, better to stay with the recommended exchange, so we don't have to worry about any problem.

[marketone]

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.

There is high risk involved if you choose to start trading in the new exchange, so always try to research before start trading there because already most of the potential coins are already listed in the old exchange then we have to choose the new exchanges.

[jhongzjhong]

I don't usually trust a newly launched exchange, I much prefer to go in trading if that exchange will reach at least 1 year old in service and less costumer complaint. Why you did not choose reputed one like Binance exchange or those exchanges that proven and tested when it comes in their service and to avoid the possible problem you may encounter near in the future.

[sujonali1819]

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 ?

Before trading any new site we should awareness about the exchange. Because there is no garranty   that the exchange will be safe. Always try investigate before making any deposit. And some time some exchange does not support all the country in the globe. So take a look that you are eligible or not. And sometime can not withdraw without kyc. So its need more time for bypassing kyc. But if you need the money too fast then it will be problem to you. So be carefull  and always try choose very known exchange  for trading. Thanks

[Altero]

I don't usually trust a newly launched exchange, I much prefer to go in trading if that exchange will reach at least 1 year old in service and less costumer complaint. Why you did not choose reputed one like Binance exchange or those exchanges that proven and tested when it comes in their service and to avoid the possible problem you may encounter near in the future.

The curiosity will make  us to try what is something new. Not exactly newly created exchanges will be a scam project nor it have possibility of losing our accounts. The only thing we should do is to review for their feedbacks before doing trades and if there is no problem why not we don't try? Maybe it give us satisfaction in terms of fees and speed of service.

[Gheka]

I don't usually trust a newly launched exchange, I much prefer to go in trading if that exchange will reach at least 1 year old in service and less costumer complaint. Why you did not choose reputed one like Binance exchange or those exchanges that proven and tested when it comes in their service and to avoid the possible problem you may encounter near in the future.

The curiosity will make  us to try what is something new. Not exactly newly created exchanges will be a scam project nor it have possibility of losing our accounts. The only thing we should do is to review for their feedbacks before doing trades and if there is no problem why not we don't try? Maybe it give us satisfaction in terms of fees and speed of service.

Agree that they can give us the satisfaction of the fee and the speed of service but I think we still shouldn't try because although it may not be a scam exchange as you say but I believe the number of people who can trust a new product is very low, trading volume will be very low and as an investor and a trader, I don't think I can make a profit with such an exchange. Instead of looking for new exchanges, we should focus on the old exchanges, these are places that are very lively with a large number of members, the opportunity to make money is very much in these areas

[TitanGEL]

Not all of exchanges are safe so we should carefully choose on the exchange that we will use. It is advisable to use cryptocurrency exchange that are popular and have positive feedback from the cryptocurrency community.

[ringgo96]

Not all of exchanges are safe so we should carefully choose on the exchange that we will use. It is advisable to use cryptocurrency exchange that are popular and have positive feedback from the cryptocurrency community.

we really have to be able to do a test whether the exchange is safe or not. because now most of the exchange is unclear and there are also many whose security is not too much noticed and ends with hacking

[Babyrica0226]

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 ?

It is still safe and better to trade in the exchange that has a good reputation in the market already, just like Binance, Kucoin, Coinbene, Idax,

Lbank, Houbi, Okex, and Bitfinex those are safe and profitable to trade in.

[lornadane]

I recommend you, don't click or visit any site by getting link from someone in Telegram. Most of them are scammers and spammers! They always try to scam people through scam phishy link! I have never heard about this exchange. New exchanges are not bad, but they should gain some popularity and trust at first! According to this, you shouldn't trade on that exchange, be aware.

[Yamifoud]

I recommend you, don't click or visit any site by getting link from someone in Telegram. Most of them are scammers and spammers! They always try to scam people through scam phishy link! I have never heard about this exchange. New exchanges are not bad, but they should gain some popularity and trust at first! According to this, you shouldn't trade on that exchange, be aware.

It is our own instinct and detection for such a link is just a scam or not. It is better no try any if we aren't sure for its securities. We mostly found links in the telegram send from unknown persons, but why not we try for it to know if that is a legit or not?
I believe we all aware for scam activities but it somehow may were still a victims cause they are not listening to us and also wanting for easy money which they didn't realize that they are fooled by scammers.

[Polar91]

I advise you to use only popular exchangers if you're in doubt. Also, trade in exchangers that are listed in coinmarketcap to lessen the risk of losing your money.

[Distinctin]

I advise you to use only popular exchangers if you're in doubt. Also, trade in exchangers that are listed in coinmarketcap to lessen the risk of losing your money.

That's for the seek of having assurance and less possibility of losing our keys. Cause we found that mostly new exchanges are just scam or the long delays we have experience. However, there is no wrong if will try new exchanges but to make sure you check the credibility of the team and hows it service provide to their clients. Never step in if you'll found it suspicious or a questionable creations.   

[Ispep]

I advise you to use only popular exchangers if you're in doubt. Also, trade in exchangers that are listed in coinmarketcap to lessen the risk of losing your money.

But that doesn't mean new exchanges will loss of money,it just happens to be that there is a large percentage of that actually happening.
If the OP has done enough research about this particular exchange,and feels it suits his security criteria,then there is no harm in trading with them
But why go through the stress of being skeptical about it when you can simply trade on well known exchanges with large volume

[kakonhat]

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 ?

Maybe I am wrong but I think we need to wait to choose any new exchange site because of the safety of our fund. If you are satisfied with your existing trading exchange site then don't need to move.

[JRoa]

I don't usually trust a newly launched exchange, I much prefer to go in trading if that exchange will reach at least 1 year old in service and less costumer complaint. Why you did not choose reputed one like Binance exchange or those exchanges that proven and tested when it comes in their service and to avoid the possible problem you may encounter near in the future.

The curiosity will make  us to try what is something new. Not exactly newly created exchanges will be a scam project nor it have possibility of losing our accounts. The only thing we should do is to review for their feedbacks before doing trades and if there is no problem why not we don't try? Maybe it give us satisfaction in terms of fees and speed of service.

Agree that they can give us the satisfaction of the fee and the speed of service but I think we still shouldn't try because although it may not be a scam exchange as you say but I believe the number of people who can trust a new product is very low, trading volume will be very low and as an investor and a trader, I don't think I can make a profit with such an exchange. Instead of looking for new exchanges, we should focus on the old exchanges, these are places that are very lively with a large number of members, the opportunity to make money is very much in these areas

It is really better if we will find a exchange that have high volume and also have good review from the traders.  There are scam exchange all over the internet so we should only make investment with exchange that are reliable.

[MuhNofa]

if it's a new exchange please be careful before you make a deposit to the exchange, before you make a deposit make sure the exchange is really safe. because many new exchanges are finally SCAM. so choose a trusted new exchange not to lose your money because of your own mistakes not be careful

[nelson4lov]

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 ?

A wise man once said "Stick to what you know" I couldn't agree more. This is why I'll advice you to stay clear from it because It is always better to be safe than sorry... When choosing an exchange to trade, You don't just pick an exchange without carrying out due diligence. First  an exchange without much liquidity isn't advisable. Also, While you're chasing after those profits, remember to ensure that your capital is protected.

[mersal]

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 ?

You can definitely do this if you had hundred percent confident and the exchange my opinion for all the person to select exchange was before getting entered into a exchange do some research it will enough to trust the exchange that will be new or existing in this market.