Bitcoin margin trading platform, which is better?

[The Sceptical Chymist]

I've been using Kucoin as an exchange since I can't use Binance anymore, and I noticed they offer margin trading now--that came about within the last couple of weeks if I'm not mistaken.  They're a decent exchange, too, though I don't know what their margin terms are.  I barely trade and I would never trade on margin. 

The members who've posted warnings about margin are correct, that it's risky and it's not the fees that are the problem.  It's being wiped out when the market moves against you that's the real danger, just like it is when you trade stocks on margin.  More leverage means greater returns but also much more risk, and crypto is waaay more volatile than stocks usually are.  IMO offering margin to crypto traders, who tend to be gamblers at heart from my experience, isn't necessarily a good thing.  It might be great for the exchanges but not for inexperienced traders.

[Murat]

If you have enough experience of digital trading then the marginal trading system is suitable for you, but as a newcomer of this trading platform, you should not take this marginal trading system because it contains huge risk, maybe the marginal trading platform has a hugely profitable opportunity but you have to focus various type of test and risk. if you could able to face it then Marginal trading is not harmful to you, but Bitmax could be the platform where you will have an easy-going process, overall, I think long term holding is more secure and profitable than trading, I always prefer to take a low-risk step.

[figmentofmyass]

What I am a fan of are their once a day manual withdrawals because they do not work with hot wallets. This is something I wish more exchanges would do, but they are too busy caring about the opinions of their noobie gamblers who want to cash out immediately. They are also the first to complain when the exchange they use gets hacked.  

i just wish bitmex would do something to optimize their transactions and overall effect on the network. they are the sole reason why i loathe transacting during the daytime. https://twitter.com/ziggamon/status/1134490591264497664

Second is BitMEX @BitMEXdotcom @BitMEXResearch
Every day at 9.15 AM ET they dump ~4 MB of just comically unoptimized withdrawal transactions. This is a big reason why fees are high during US office hours. Optimizing these to best practices would make these tx's shrink by 98% +.

[logfiles]

It just depends on what you like from a platform. If it's liquidity then Bitmex is the way to go. However Bitmex processes withdrawals only once a day. So one should be ready for that.

There are also other platforms that vary with different pros and cons. The best thing would be to try out each of them with small amounts of money and based on your personal experience

[stomachgrowls]

.  More leverage means greater returns but also much more risk, and crypto is waaay more volatile than stocks usually are.  IMO offering margin to crypto traders, who tend to be gamblers at heart from my experience, isn't necessarily a good thing.  It might be great for the exchanges but not for inexperienced traders.

Had some experience on margin wayback before in stocks and forex and i can really say that volatility is one of the most dangerous yet profitable thing (normal- since theres only two paths to take  )

I can say that somewhat engaging on margin do mixed up with being a gambler but somehow it can be suppressed by your experience and skills when it comes to risk level.
Most newbies do jump in directly thats why they do easily being burned down with margin.Yes, its highly profitable but also highly risky in equal.

When it comes to platform then i do only choose Bitmex.