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Author Topic: Curious for places for trading Crypto  (Read 1869 times)
buckTheSystemHARD (OP)
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October 21, 2019, 02:02:35 PM
 #1

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
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October 21, 2019, 02:34:38 PM
 #2

If you're trading cryptocurrencies in general, not bitcoin only, probably Binance[1].

Just to let you know, majority of traders lose money. Hopefully that information scares you enough to not deposit a huge amount and go mindlessly gamble through your trades. Do a lot of research first before attempting to trade; and always start with small amounts of funds. Best of luck.

Also, move this to the Trading Discussion[2] section. The move option is on the bottom left side of this page.


[1] https://binance.com/
[2] https://bitcointalk.org/index.php?board=8.0

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Ayiranorea
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October 21, 2019, 02:38:09 PM
 #3

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
You can explore more about trading before you make your first step into buying or selling of cryptocurrencies. This is completely a high risk market where you can't get everything as predicted. First learn and then get into trading. This will make you stay out of risk and initially experiment with small amounts. places for trading Crypto(exchanges)

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October 21, 2019, 02:54:03 PM
 #4

Many large exchanges to trade for beginners want to have been there for a long time, if you want to really trade then I suggest right some trusted and famous exchanges in the world.

Binance
Huobi
Gate
Bittrex
Okex
Bkex

Of the 6 exchanges you can enjoy trading with pleasure, and the exchange is widely used by many people including large investors.

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October 21, 2019, 03:41:56 PM
 #5

If you want to trade crypto currency you can just go here, this is a list of exchanges.
https://coinmarketcap.com/rankings/exchanges/
There are many exchanges to choose from but my suggestion for you to trade here is Binance, Kucoin is the solid exchange for me.
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October 21, 2019, 04:13:07 PM
 #6

The best thing you can do when you're a beginner in any domain is to ask questions. Below are my recommendations:

Altcoins trading: Binance or Bittrex - wide variety of coins and no KYC until a certain daily limit

Gemini, Bitstamp, Coinbase - trade in a more "regulated" framework

Deribit, Bybit - margin trading(this is very high risk so I don't recommend getting into it until you gain some experience.
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October 21, 2019, 04:26:12 PM
 #7

I usually trade on binance exchanges, both trading bitcoin and altcoins. I choose binance exchanges because are popular and trusted exchanges.
Coins are available many choices to trade, complete features and most importantly safe. If you want to trade do not arbitrarily choose exchanges,
choose the top 5 largest ranked exchanges. If famous exchanges and the biggest is usually safer because it is credible and trustworthy. It is
different from new exchanges that may be scams. So be careful in choosing where exchanges for crypto trading.

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October 21, 2019, 08:15:47 PM
 #8

Don’t brother with exchange, bitcoin is meant to be independent of any centralized service, and the reason exchange are much hatred also due to their retard procedure in processing user fund, kyc, aml, daily withdrawal limits, go offline service, frequent maintenance, exchange hack, also exchange are big bully to the entire crypto community, they existed just to take advantages of all of us and make a decent profit for themselves, I have never come across any exchange that didn’t try exploit its honest and innocent users, they all want to destroy you.

Self hating nerd that want to escape from reality into the cyberpunk.
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October 21, 2019, 08:28:22 PM
 #9

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
If your looking at decentralized options where you don't need to reveal too much of your ID, if recommend the following options.

Idex - if you are trading from crypto to crypto, works very well and doesn't need any verification, etc
LocalEthereum - not to be confused with localbitcoins since they now require ID, this site basically used smart contracts and works pretty well and doesn't require any ID verification.

If you don't mind doing verification, go for binance if you want to trade in more alts or IEOs, or kraken if you only want the top crypto-currencies.

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October 21, 2019, 09:12:27 PM
 #10

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

I would advise you to make your investments in Binance exchange. Binance is playing big recently and increases its attraction day by day. I can say freely that Binance can be the number one exchange in the future.

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October 21, 2019, 09:21:45 PM
 #11

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

No need to rush. The fact that you are confused about choosing a trading platform (which is obviously normal for newbies), I suggest not to focus there for now. Learn the trading basic, understand the risks involving trades and read some stuff. You will soon head to the actual trading. While learning, you will across too to some of the most preferred trading platforms of anyone.

The reason is, you will be confused more about what to do even we suggest a trading platform here. It's better to at least have some knowledge first. No need to study all the trading stuff, basic is enough. Then if you think you are now ready, that's the time now to test the waters doing trades.

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October 21, 2019, 09:30:16 PM
 #12

Stick to Binance for now, but if you're genuinely a noob, I would seriously suggest learning the basics before trading.

If you don't know what you're doing, you are likely to lose money. The cryptocurrency markets are not kind to those who don't know them well, so either read up, or prepared to get rekt.

Once you're well versed on the subject, play with a small amount and see if you can turn a regular profit before bumping up your investment bucket.
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October 21, 2019, 09:30:34 PM
 #13

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
I think you should start with Binance since they are newbie friendly and their tools are not complicated to use unlike other crypto exchange. Also, there are no shitcoins there thus chances of losing percentage of you asset's value is less likely to occur. On the other hand, it's still into you which exchange looks friendlier to you. I don't start at Binance when I'm just starting but I learned a lot.
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October 21, 2019, 10:01:41 PM
 #14

Binance is the best way to start trading cryptocurrency. This trading platform is the best Exchange out there which a good reputation. It doesn't guarantee your profitability tho. It's up to you how you will manage to make it profitable. Some Exchange out there are offering shitcoins which makes an exchange too crowded. Binance guarantees that all of the cryptocurrencies that are being trade there are good projects.
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October 22, 2019, 12:12:47 AM
 #15

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
Theres a lot of exchanger in trading crypto sir many of them are very trusted and i think you know some best trading platforms. So you can choose where you want and the most of all you are comfortable in that exchange.
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October 22, 2019, 12:47:52 AM
 #16

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

The "place" or term you are looking for is an "exchange," or cryptocurrency exchange. I'd suggest doing more research first and learning more about trading before actually signing up for one. Crypto trading is extremely volatile and usually unpredictable so you also have to understand that trading is a serious endeavour not to be taken lightly unless you are willing to loose your invested money.

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October 22, 2019, 03:03:05 AM
 #17

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
I only do bitcoin and altcoin trading in exchanges. I think the question must be really specific want to trade bitcoin to fiat or other altcoins. If altcoins, there are a lot of reputable exchanges that you can choose. But the most simple for now, maybe Binance.

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October 22, 2019, 03:35:44 AM
 #18

We can easily suggest any exchanges we are currently using like binance, coinbase, etc. But since you say that you are a newbie, I think this guide will gonna help you choose which appropriate exchange will gonna do tradings.



https://www.buybitcoinworldwide.com/#picking-an-exchange

Perhaps, it may help you decide where you finally trade your bitcoin. Remember that security and trusted ones should need to consider here.
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October 22, 2019, 06:20:49 AM
 #19

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
If you are new, do not jump into trade immediately. First of all, learn, when you are ready, you start trading. There is written a lot about exchanges, but I recommend you not to rush. As you are new, there is a great chance of losing, and always consider that possibility. Or try yourself with demo money, so you can try yourself without losing money.
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October 22, 2019, 06:50:49 AM
 #20

if you are really new to this, try to draw conclusions from their recommendations. I am sure, many people suggest doing it in binance. besides it's already very trusted, you can trade with minimal capital without doing KYC. I also recommend it.

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