New Exchange: Should I trade?

[tadpole_bitfrog]

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 the new exchanges are not reliable if it doesn't have good partners or a great community. You should carefully check their credibility before depositing money.
If you do not feel safe, you should trade in large exchange and the transaction fee is not too much. 

[1715625026]

1715625026

[1715625026]

1715625026

[cryptothreads]

Is not advisable to trade on an exchange without solid reputation. The recent lost or death of several CEOs of some exchanges were as a result of lake of TRUST and REPUTATION. Beware of these new springing Exchanges because they could end in SCAM!!, keep up with the old exchanges which are better known for their service rendering.

Choosing a new exchange is not an easy option to trade because if those exchanges do not have the trust of everyone, it will surely make you face a lot of trouble in the future. I think it's best to choose a safe solution because it will help you ensure the best asset and can focus on making a profit at that exchange. The best advice would be to choose Binance because this is a widely used exchange

[prtty2gal2]

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 the new exchanges are not reliable if it doesn't have good partners or a great community. You should carefully check their credibility before depositing money.
If you do not feel safe, you should trade in large exchange and the transaction fee is not too much. 

Don’t forget that large exchanges don’t just become large overnight, they have all passed through these early stage before becoming large and that is the reason why many of these exchanges will continue to alter the volumes recorded on their platform in other to look big for users, since we will always end up discouraging other users against them because of their volume.

What we really need to be concerned about is the credibility of the exchange like you said and be sure they are real and genuine; volume will build up on them overtime starting from us. So if he finds them worthy and with good platform, he should go ahead and try them first.

[BitcoinTurk]

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 recommend that you do not use such new services without conducting detailed research. Although the website addresses look nice in terms of software and design, it is necessary not to rely on these factors. User comments, opinions that have made transactions here before are quite important factor. On the other hand, the suggestions, comments and recommendations of the users who are currently processing are of high importance because they will transfer the current status of the service to the best of us. I also don't recommend that you use all your capital here only if the service is reliable, because if there is a possible account lockout, there is no legal place or area to complain about.

[DeadCoin]

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 ?

Always when you look for best exchanges, dig further what they offer if one trades in their platform. Check out the coins listed out in the exchanges and the crowd coming in. New exchanges will always have kick start problem unless they have created a huge and successful market bit before they launch the exchange. We do have very few exchanges who have created too many offers in hand for the traders.

[radjie]

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 the new exchanges are not reliable if it doesn't have good partners or a great community. You should carefully check their credibility before depositing money.
If you do not feel safe, you should trade in large exchange and the transaction fee is not too much. 

obviously it is still doubtful if we choose to trade on the new exchange because the exchange does not yet have strong trust in its users. the money we enter can easily be lost after the exchange already has a large amount of money from other people who are interested in trading in it because lately many people are looking for profits by harming many people especially if the exchanges we visit do not have a great team and can falsify the names of people involved in the project

[frankcastle19]

I don't think that cfd brokers are good idea for trading crypto

[marketone]

It is not a good idea to trade in new exchange because some new exchanges are scamming the people. Mostly they will list the coin already which are traded in good exchanges. Already those coins are listed in very good exchange better trade those coins in old exchange.

[Mpamaegbu]

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.

This is exactly true and it beats me hallow why people would like try any new thing that just springs up without any past record to show for it. What is the catch in all this, I ask myself. Why risk your capital all in the name of trying out a new exchange. Well, for me I always try as much as I can to avoid them. I can't be a Santa Claus to a new exchange.

[cryptoblue77]

New trading exchange can't be trusted. There are many new trading exchanges, some of them are a scam. So, it would be better to go for more reputed, established exchange.

[cryptjh]

I would only trade on the biggest exchange and only keep what I'm ready to lose on those exchanges, there are already too many exchanges to trade crypto on now, only use the trustworthy if you want to trade with bigger amounts.
I don't know that  Mavsecure exchange you want to trade on. I mostly just use the binance exchange right now.

[Yamifoud]

I would only trade on the biggest exchange and only keep what I'm ready to lose on those exchanges, there are already too many exchanges to trade crypto on now, only use the trustworthy if you want to trade with bigger amounts.
I don't know that  Mavsecure exchange you want to trade on. I mostly just use the binance exchange right now.

Definitely we should have to choose the most trusted one but somehow, some coins aren't listed with especially those tokens coming from bounties or airdrop in which we don't have to choice but to used with new exchanges. There is nothing to be worried with that, only we should not visit phishing sites that could lead into losing our funds inside our wallet.

[DarkIT]

I would only trade on the biggest exchange and only keep what I'm ready to lose on those exchanges, there are already too many exchanges to trade crypto on now, only use the trustworthy if you want to trade with bigger amounts.
I don't know that  Mavsecure exchange you want to trade on. I mostly just use the binance exchange right now.

well, in general conditions, of course we all choose to trade on large markets. but, in certain circumstances, we sometimes need to trade in new markets. well, as long as the market has trust, I don't think it's a problem to trade on that market.

[emberbekas]

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 need to collect as much informations as possible in regards with the new exchange before placing your money on it. I myself prefer to trade on the exchange that I already use for a long time instead of using the new one. About profit, it will depend solely on our own hand and not by the exchange nor others hands.

[albon]

Why do you want a new exchange? that may be unreliable and you will lose your money through it, There are many reliable exchanges that advise you to trade your currencies through them safely OKEx, DigiFinex and Binance They are among the best cryptocurrency exchanges, If you are a beginner in trading, I do not recommend CFD platforms.

[bitbunnny]

Everyone always get so excited when new trading platforme appears. Probably because they think it will offer some extra favourable terms. But in fact there are not so big differences in terms and conditions so the most important things are trustworthy and good reputation that could be background checked. Be very careful where you put your money, it's very hard to recover it once you lose it.

[bittraffic]

Why do you want a new exchange? that may be unreliable and you will lose your money through it, There are many reliable exchanges that advise you to trade your currencies through them safely OKEx, DigiFinex and Binance They are among the best cryptocurrency exchanges, If you are a beginner in trading, I do not recommend CFD platforms.

CFDs are good because with small amount for capital can turn big when using leverages this is why its enticing to use such exchanges but this could also backfire when you don't know how to use it. But then you're right new exchanges are something to avoid here in crypto. You won't wanna be caught up sending your documents for KYC while your funds are hold. Worse is that the exchange is a dummy scam.

[harroucheamiravo]

Hello someone used the opportunity to exchange on this service?
https://coinswitch.co/
is it possible to arbitrate because of this?

[hyunee]

Telegram is full of paid shills trying to make themselves worth the money services pay them. I would stick to the reputable ones because that's the best way to avoid getting sucked into a scam.

I'm not saying the site that has been recommended to you is a scam, but your funds are on the line, so better be cautious. If you're really interested in CFD trading, use Robinhood or eToro, both reputable and reliable platforms.

If you think you're ready to go one step ahead and you have coins already, you could choose to go with BitMEX, but ONLY if you are familiar with leverage trading. If not, then stick to the aforementioned platforms.

You are 100% true and I agree with your points. I am just planning to explore new platforms, I am learning to trade on Bitmex too.

If you know it already that telegram is full of paid shills then why are you still thinking of trading on new platforms. Besides, there are a lot of exchanges and trustworthy exchanges. So, just try those tested exchange and trustworthy. The more tested the exchange the more trustworthy the exchange.

[dat.ho12492]

It is not a good idea to trade in new exchange because some new exchanges are scamming the people. Mostly they will list the coin already which are traded in good exchanges. Already those coins are listed in very good exchange better trade those coins in old exchange.

You say a lot of points exactly that there are many new exchanges being created for the purpose of cheating and stealing property from people involved in their exchanges, however, that's not all, we can still see some new exchanges working very seriously, they even have a lot of highlights, they really want to penetrate and become part of this market. Therefore, instead of thinking that new exchanges are deceptive, we should have careful analysis and filtering, there are many potential new exchanges and we should participate