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Author Topic: Curious for places for trading Crypto  (Read 1869 times)
traderethereum
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October 25, 2019, 12:00:42 PM
 #41

I’m rather new to trading crypto and I seem to be looking for places to trade crypto. I really don’t know where to trade and there are many places that show up in ads wherever I go on the Internet and I really get overwhelmed by all these places. Do you guys have any suggestions on where to trade, because I don’t and I really want to start trading

As many members said, you can start trading in binance. You don't have to complete KYC if you don't want it. It's normal if you see too many ads on the internet and makes you confuse to choose the exchange.

Before you start trading, I advise you to read some basics of trading, so you don't feel to confuse to buy and sell. You can find out on google with the keyword "how to start trading in binance." I am sure you can read and watch many articles and videos on many sites. After you understand how to trade, then you need to have bitcoin, you can buy with localbitcoin or someone you know and don't buy in a large amount of money.

Then you can send the bitcoin into your binance wallet so you can start to trade. No need to use a big balance of bitcoin if you are new, and you still learn of trading because that will makes you get to lose the money if you cannot analyze with good.

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October 26, 2019, 02:41:43 PM
 #42

I’m rather new to trading crypto and I seem to be looking for places to trade crypto. I really don’t know where to trade and there are many places that show up in ads wherever I go on the Internet and I really get overwhelmed by all these places. Do you guys have any suggestions on where to trade, because I don’t and I really want to start trading
Welcome to the crypto world and to this community as well. You are on right place and don't believe on advertisements. Thanks God that eventually you got this forum. Most advertiser exchanges are pretty shady. Its seems you are beginner to crypto trading. So I will suggest just use Binance as suggested by some other user here. But don't play with big amount at the beginning. You will have to learn lot of thing regarding trading. Do not use those exchange advertise with greedy offer now. Because you are not aware about scam here. Google search might help you but always can't trust on reviews. So handle with care.

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October 26, 2019, 04:19:15 PM
 #43

binance is the most chosen trading place for traders today, besides that the reputation of binance is also good so I would also recommend Binance as the right choice for trading. but from what I've experienced, binance have minimum trading can not be in small quantities so if you want to trade without being interrupted by minimum trading, try visiting Poloniex.
Reputation. Volume. Security has indeed become a consideration for us when choosing exchange for trade. because right now in my opinion the right thing to do trading is to consider these three things. because it can determine the benefits for ourselves in trading

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October 29, 2019, 10:47:04 AM
 #44

binance is the most chosen trading place for traders today, besides that the reputation of binance is also good so I would also recommend Binance as the right choice for trading. but from what I've experienced, binance have minimum trading can not be in small quantities so if you want to trade without being interrupted by minimum trading, try visiting Poloniex.
Reputation. Volume. Security has indeed become a consideration for us when choosing exchange for trade. because right now in my opinion the right thing to do trading is to consider these three things. because it can determine the benefits for ourselves in trading
It is good to consider security, but I really don't trust any exchange for security other than dex exchanges, they are the ones that can really give us that security that we need, virtually all exchange irrespective of how big that they are, are all prone to hacking and many more, which we can even see in the case of binance, of how much we relied on and trust binance, they were still eventually hacked.

For the other two points, it is of very much importance to me, but when considering volume also, we have to keep in mind that we have so many exchanges that are also faking their volume, and falling into such exchange is going to be a very bad thing for our business, while reputation is very good point, better we follow most of these highly reputable exchanges.

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October 29, 2019, 05:37:30 PM
 #45

I’m rather new to trading crypto and I seem to be looking for places to trade crypto. I really don’t know where to trade and there are many places that show up in ads wherever I go on the Internet and I really get overwhelmed by all these places. Do you guys have any suggestions on where to trade, because I don’t and I really want to start trading
Welcome to the crypto world and to this community as well. You are on right place and don't believe on advertisements. Thanks God that eventually you got this forum. Most advertiser exchanges are pretty shady. Its seems you are beginner to crypto trading. So I will suggest just use Binance as suggested by some other user here. But don't play with big amount at the beginning. You will have to learn lot of thing regarding trading. Do not use those exchange advertise with greedy offer now. Because you are not aware about scam here. Google search might help you but always can't trust on reviews. So handle with care.
most people recommend binance on this thread, so I guess that is the first recommendation. however, if you don't feel comfortable with it, you can try another trusted exchanger I've tried. Click on the link below.

okex
bw-com
kucoin
digifinex

Note: most trusted exchangers require your data or KYC
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October 29, 2019, 08:15:38 PM
 #46

As far as I can see, you have already been provided with a rather extensive list of exchanges on which you can trade, I recommend you use it.
You can also use the search on the forum, because this topic has been discussed more than once. I just want to add on my own that first of all, study the exchange with fictitious volumes, there you better not trade.

There are similar exchanges even in the top 20. If you want to try yourself in margin trading with large leverage, I recommend that you take a closer look at the BitMex exchange.

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October 29, 2019, 08:44:39 PM
 #47

I’m rather new to trading crypto and I seem to be looking for places to trade crypto. I really don’t know where to trade and there are many places that show up in ads wherever I go on the Internet and I really get overwhelmed by all these places. Do you guys have any suggestions on where to trade, because I don’t and I really want to start trading
Welcome to the crypto world and to this community as well. You are on right place and don't believe on advertisements. Thanks God that eventually you got this forum. Most advertiser exchanges are pretty shady. Its seems you are beginner to crypto trading. So I will suggest just use Binance as suggested by some other user here. But don't play with big amount at the beginning. You will have to learn lot of thing regarding trading. Do not use those exchange advertise with greedy offer now. Because you are not aware about scam here. Google search might help you but always can't trust on reviews. So handle with care.
most people recommend binance on this thread, so I guess that is the first recommendation. however, if you don't feel comfortable with it, you can try another trusted exchanger I've tried. Click on the link below.

okex
bw-com
kucoin
digifinex

Note: most trusted exchangers require your data or KYC

Providing our KYC on these trusted exchangers can be safe for everybody, I don't see any dangers for those trading sites. I haven't yet do trading on some of them, what I was familiar of was Binance and Kucoin. The rest of them still reputable for me, because I never heard something erring about their services. The only difference about them was the exchange and withdrawal fees, that's why most exchanges compete on that aspects because every trader is more particular on their profit gains.

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October 30, 2019, 12:39:18 AM
 #48

most people recommend binance on this thread, so I guess that is the first recommendation. however, if you don't feel comfortable with it, you can try another trusted exchanger I've tried. Click on the link below.

okex
bw-com
kucoin
digifinex

Note: most trusted exchangers require your data or KYC

Providing our KYC on these trusted exchangers can be safe for everybody, I don't see any dangers for those trading sites. I haven't yet do trading on some of them, what I was familiar of was Binance and Kucoin. The rest of them still reputable for me, because I never heard something erring about their services. The only difference about them was the exchange and withdrawal fees, that's why most exchanges compete on that aspects because every trader is more particular on their profit gains.
calm down, I have tried the exchanger, and it provides a service that is not inferior to binance. in terms of fees, each exchanger does have a different fee, because of that I always use altcoin, like waves to make transactions. It only uses a $ 0.1 to $ 0.2 fee in one transaction depending on the exchanger you use and the amount you trade. In addition, I also sometimes use ethereum. so in terms of fees, I don't think using altcoin for transaction fees will be too burdensome.
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October 30, 2019, 02:01:17 AM
Last edit: October 30, 2019, 02:27:48 AM by sazonk
 #49

there is 2 option for starting trade as new trader like me also.
Modern Exchanger and Traditional Exchanger, why I say that, because we need a comparison to study. Binance as a modern exchanger and Bittrex as arguably a traditional exchanger. Try slowly and don't get too excited about depositing into the market, because as is well known, buying and selling crypto assets carries a high risk. It's better to analyze first.
And it would be better if you make a comparison of exchangers, choose an exchanger where the options and tools on the exchanger can be understood and easy.

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October 30, 2019, 11:35:26 AM
 #50

I’m rather new to trading crypto and I seem to be looking for places to trade crypto. I really don’t know where to trade and there are many places that show up in ads wherever I go on the Internet and I really get overwhelmed by all these places. Do you guys have any suggestions on where to trade, because I don’t and I really want to start trading
exchange sites in some ads around the internet  are good mate in my opinion.  But you must not rely on it because you know those are not reliable  when it comes long run . If you searching for long run trading site then it should have a KYC or 2fa wherein in order to protect your funds.. However if you just want to use it as a sideline then look for site with high volume and must ensured as well that its legitimate . What i mean seek for positive feedback first to assure no problem afterwards.  So bear it on your mind especially when there's a random person offering a sites.  Regards
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October 30, 2019, 11:43:26 AM
 #51

If you have a small amount of capital to start with, and dreaming of making some outsized gains benefiting from the high volatility of crypto currencies, I would recommend Bitmex.

You can trade with as little as 1 USD nominal / trade, and do considerably high leverage (although caution is highly recommended here), you will probably lose in most of your initial trades if you are a beginner, but it would be an excellent education for you in terms of margin, interest rate swaps, derivatives and crypto trading.

For some introductory tips on Bitmex feel free to reach out to me via pm, good luck.

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October 30, 2019, 11:55:52 AM
 #52

Binance is the best place to trade in my opinion, especially if you choose to trade altcoin then that is an ideal place for you. However, since you are new it will be better to learn first how to trade on cryptocurrency? I suggest to learn it through youtube. I guess you will confuse when you come to new place and how to use the feature of the platform.

Also, you have to come to your local board and ask to them the some platform that use your language. Yeah, it is not easy to overcome the knowledge of trading. Like me, who need a several months to dare myself to deposit and start trading. At that time, my daily activity just filled by some youtube channel and read many articles about trading field and learn form other people experience's and it was work for me.
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October 30, 2019, 01:03:41 PM
 #53

If you have a small amount of capital to start with, and dreaming of making some outsized gains benefiting from the high volatility of crypto currencies, I would recommend Bitmex.

You can trade with as little as 1 USD nominal / trade, and do considerably high leverage (although caution is highly recommended here), you will probably lose in most of your initial trades if you are a beginner, but it would be an excellent education for you in terms of margin, interest rate swaps, derivatives and crypto trading.

For some introductory tips on Bitmex feel free to reach out to me via pm, good luck.
Margin trading is always the most dangerous game in trading, it can be called gambling, we can raise our capital through this option but at the same time, the loss will increase as well, even account fires are very frequent, so I don't encourage novices through margin trading to fulfill their dreams, outstanding profits are correct but not too many people can safely leave this game. More suitable options are probably casual and vibrant exchanges such as houbi or binance, the fluctuations in these places are relatively much, less dangerous

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October 30, 2019, 01:33:14 PM
 #54

One of the best exchange I use for trading crypto is binance. As this exchange is most mentioned above and this has a good feedback from the user. Since you are new in trading crypto better study and learn the market first before investing. We all know here there’s always a risks in this industry and be ready for what may occur during trading crypto. Just invest in what you can afford only.
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October 30, 2019, 02:24:04 PM
 #55

you can trade on okex because there is very easy to register and the fee for withdrawals is quite cheap for me, there is a list for coins / altcoin also quite complete if you are still a beginner if you want more please go to kucoin or huobi, for the user interface it is quite attractive and looks soft on the eyes
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October 30, 2019, 03:04:41 PM
 #56

just an addition, if to start with a small amount of funds but enough to add insight, try to register at bittrex. There is a good place to start trading, there are various tools for trading, features that are easy to understand for everyone. While most are now advanced level exchangers, that requires a lot of hours to understand each option, which I feel is like that.

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October 30, 2019, 04:01:16 PM
 #57

I’m rather new to trading crypto and I seem to be looking for places to trade crypto. I really don’t know where to trade and there are many places that show up in ads wherever I go on the Internet and I really get overwhelmed by all these places. Do you guys have any suggestions on where to trade, because I don’t and I really want to start trading

This is exactly why am here though I have gathered a lot of information by asking questions here in the forum. This has helped me a lot and I believed I can start up something now but the question is when does this trading really takes place is it here in the forum because I don't have any idea about the exchange display.
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October 30, 2019, 04:14:12 PM
 #58

I would recommend this exchanges since they are really good for trading crypto.

Binance
Kucoin
Bittrex
Bitmex
Exscudo
Poloniex
Hotbit

That's the list that you can buy and sell a cryptocurrency. And don't panic buy and sell because you may lose your funds.
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October 31, 2019, 02:51:50 AM
 #59

I would recommend this exchanges since they are really good for trading crypto.

Binance
Kucoin
Bittrex
Bitmex
Exscudo
Poloniex
Hotbit

That's the list that you can buy and sell a cryptocurrency. And don't panic buy and sell because you may lose your funds.
Actually there is a long list of such platforms where people can trade crypto currencies. Binance is choice of most investors and traders. Coinbase also as popular as Binance. Both provide good features and security to their customers. These two are my suggestions. I was expecting Kraken to be in your list. More important is to choose right crypto like bitcoin and then right platform. This way, loss can be avoided.
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October 31, 2019, 04:06:22 AM
 #60

I would recommend this exchanges since they are really good for trading crypto.

Binance
Kucoin
Bittrex
Bitmex
Exscudo
Poloniex
Hotbit

That's the list that you can buy and sell a cryptocurrency. And don't panic buy and sell because you may lose your funds.
Actually there is a long list of such platforms where people can trade crypto currencies. Binance is choice of most investors and traders. Coinbase also as popular as Binance. Both provide good features and security to their customers. These two are my suggestions. I was expecting Kraken to be in your list. More important is to choose right crypto like bitcoin and then right platform. This way, loss can be avoided.

I prefer to choose binance, especially if I am a new person who wants to try trading. Binance, as a big exchange right now, is giving a chance for every trader or new people to trade by selecting many coins so they can make a profit. But before you can try to trade, you should prepare yourself by learning some lessons about trading so you don't get confused with trading and you can also make a profit. No matter in what exchange you trade, as long as you know the basics of trading, you will have a chance to make a profit.

So that is the important thing before you want to trade in any exchanges.

.
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