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Author Topic: Do you trust in new crypto-trading apps?  (Read 721 times)
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April 07, 2019, 01:18:08 PM
 #41

Can we trust some new crypto-trading apps or it's better to trade with good known Binance, Poloniex, Bittrex.. ets?

I'd still go with the old reliables of course with high quantity trades. I wouldn't want to risk my money with some new untested exchanges. Probably i'd try a few out but only with small amounts. Just to check the interface and to interact with other users there and get feedbacks.

 
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April 07, 2019, 01:26:52 PM
 #42

I don't know about you but I trust those kind of things especially binance application. It is proven and tested by me. I mean if you can't trust me, then try to see other's opinion regarding the crypto trading apps you stated above. And also kucoin is very trusted. I tried those app and all goes smoothly.
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April 07, 2019, 02:06:01 PM
 #43

I don't have a single app related to crypto on my phone I'm currently using.
Not saying that all of them are there to grab you and squeeze coins out of your wallet, however it is more about the info they need me to provide. There is just to many and I don't like that. The moment you realise how much stuff you shearing about yourself with those companies, makes you wonder why exactly, what their goal might be? Second thing that makes me to avoid all financial applications is the fact that they can extract info from one another. This was exploited before and will be in the future. Better to be slower and a bit less informed than sorry.   

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April 07, 2019, 02:31:27 PM
 #44

Can we trust some new crypto-trading apps or it's better to trade with good known Binance, Poloniex, Bittrex.. ets?
You can really trust new cryptocurrency trading app especially if they have good feedback where many people already use that app. I have seen a lot of cryptocurrency trading app but not all them capable to help all newbie to trade well and they do not have some tutorial that will guide all newbie. Many people especially professional trader still prefer to use the tradition and major exchange like Binance, Poloniex and Bittrex. However, Binance already have an app where you can trade you cryptocurrencies. Just like what I said earlier some of new crypto trading app do not have some beginner mode where will assist the trader so I recommend to try the new upcoming exchange which is Bitrus where will have beginner mode will totally guide all newbie trader and I also waiting to release this exchange because I am also beginner in the field of trading.
Having those beginner mode does really actually help but not all apps or platforms do have it thats why as a newbie trader it would be just normal for
you to let yourself learn on your own and about choosing reliable trading apps then its just normal for us to choose the reliable and been supported by many.
A simple google search will really be a great help on the selection.

R


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April 07, 2019, 06:16:40 PM
 #45

I honestly don't (and I will advise you not to) unless they are directly owned by the exchanges. You could use multiple exchange trading platforms like TabTrader to avoid downloading shaddy multiple trading apps
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April 07, 2019, 07:06:06 PM
 #46

Can we trust some new crypto-trading apps or it's better to trade with good known Binance, Poloniex, Bittrex.. ets?

I usually don't trust new exchanges but if I happen to have some coins which are listed on new exchanges then I have no option to go but only to use them.

I would suggest to carry on trading on old sites as the risks of using a new exchanges is heavier.
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April 07, 2019, 08:31:25 PM
 #47

I don't know about you but I trust those kind of things especially binance application. It is proven and tested by me. I mean if you can't trust me, then try to see other's opinion regarding the crypto trading apps you stated above. And also kucoin is very trusted. I tried those app and all goes smoothly.
All of them are new sites that you have motioned, so sometimes it is not that easy to get proper and well trusted site, most of time we get fake or scammed one, don’t really trust it as I like to use well known and famous sites, trading is so sensitive matter it is not wise to trust new things about it we will have to chose the one we know it is has good history and invest only after hearing good reputation of it from other traders.
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April 07, 2019, 08:35:51 PM
 #48

New trading sites also can be used well in the case of market trend has recovered for less amount of money.
Decide the read risk and possibilities to learn the government steps to improve the trading.
Livecoin is one of the old exchange but not familiar, you may search for such kind of small projects and learn trading in best way.

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May 15, 2019, 05:54:20 PM
 #49

Can we trust some new crypto-trading apps or it's better to trade with good known Binance, Poloniex, Bittrex.. ets?

New exchange or an old one, the important here is the well secured system they are offering. As you can see, Binance is a well known and trusted exchabgrt but hackers seems to destroy the security and still hacked btc from them. That only mean, we don't have to trust exchanges. We can still crypto trade from them but please do not be confident enough that your funds will be secured.
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May 15, 2019, 08:11:16 PM
 #50

Can we trust some new crypto-trading apps or it's better to trade with good known Binance, Poloniex, Bittrex.. ets?
it is the implementation from decide to the next step if we are using the smartphones we need to access or wallets any changes in our smartphone also I think this will very helpful for them to make it so much easier in the future.

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May 15, 2019, 09:54:20 PM
 #51

Can we trust some new crypto-trading apps or it's better to trade with good known Binance, Poloniex, Bittrex.. ets?
I think I need to explore them then only the decision will be made by me but if their launching something it will definitely positive for the people to get connected very easily using their smartphones so I think they will definitely going to success in the future.

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Airbuxf
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May 15, 2019, 10:05:12 PM
 #52

I think is better not to trust centralized exchanges and finally use only DEXes. They still can be scams but exchanges with regulary checked code like waves or bitshares are good to do trades and store crypto on cold wallets.
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May 15, 2019, 10:08:54 PM
 #53

Most new crypto trading apps don't give your any solid reasons to trust them so why would you do it? New apps might offer you some advantages like a nicer interface with better and faster charts but that's all useless when you think about the risk of them taking your money and disappearing with them.
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May 15, 2019, 10:18:38 PM
 #54

Can we trust some new crypto-trading apps or it's better to trade with good known Binance, Poloniex, Bittrex.. ets?



Please clarify and clear what you want to know about the new trading apps, M aning did you want to try trade at the apps exchange aside from the popular and trusted exchange apps like binance or poloniex?
If you to trade using new apps this the following will you considered,

1.Legitimacy of new apps exchange
2. Low Transactions fees
3. Easy and convenient to understand


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May 15, 2019, 10:20:23 PM
 #55

I don't know about you but I trust those kind of things especially binance application. It is proven and tested by me. I mean if you can't trust me, then try to see other's opinion regarding the crypto trading apps you stated above. And also kucoin is very trusted. I tried those app and all goes smoothly.

This is good to hear coming from an actual user of those apps. Maybe, I'll try small amount at first and will gradually increase if I know the app is working for me. We have our own preferences when it comes to trading. If the system works for you, then great but if it's not, move on and do your own thing.
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May 15, 2019, 11:00:26 PM
 #56

if the trading application is better than the old one I will use it but if not it is the opposite. there must be proof and research whether the application is really good for us or not, it might even be that the application is more difficult to use than the old application.
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May 15, 2019, 11:03:04 PM
 #57

Can we trust some new crypto-trading apps or it's better to trade with good known Binance, Poloniex, Bittrex.. ets?
Well in my own concern I will likely want to stick with binance, bittrex and the rest known Exchanger from the past because now lots of trading Apps are fake and likely to steal funds which you have suffer for so long to get and no one will want to be in a lost any longer.
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May 15, 2019, 11:26:43 PM
 #58

I never trust apps when in it comes trading I don't risk my money on that, and mobile is a small screen that you might get an error in doing trading. When the app is outdated there is possible that your account will be compromised with someone else which is very risky to us as a trader. Use a laptop/PC with a wide screen to easy analyzing and reading the market movement graph price.

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May 15, 2019, 11:42:32 PM
 #59

It's not about the trading apps, it's about the trading platform. Binance, Poloneix was new too! We trusted their exchange, they developed an app for us and we are using it, that's it! Like Kucoin is now a reputed exchange but their app is in beta version, but still, I have been using it from the last year! Because I trust Kucoin exchange and their app is official! I hope you get your answer!

shesheboy
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May 16, 2019, 05:14:57 AM
 #60

It's not about the trading apps, it's about the trading platform. Binance, Poloneix was new too! We trusted their exchange, they developed an app for us and we are using it, that's it! Like Kucoin is now a reputed exchange but their app is in beta version, but still, I have been using it from the last year! Because I trust Kucoin exchange and their app is official! I hope you get your answer!

It is about the trading app because no matter how legit and reputable the trading exchange is but if their app is buggy and has a less feature than the web version , you cant still enjoy your trading experience on it   . also not all apps that you can see on the appstore or on the playstore are legit  but some are only copying the popular exchange name so that they can hacked and phished someones account  . we cant trust these so called trading app easily   .
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