Which Binance USDT pairs to avoid trading?

[jdn_ldn]

Hi, sorry if this is a blatant repeat but I'm after some up to date info on this topic.

What are some of the red flags you'd look out for when aiming to avoid trades you could potentially get stuck in on the Binance USDT market?

A specific minimum 24h volume on that coin i.e. $100k? Basically how much liquidity do you look for to feel confident...

Are there coins that are notoriously tricky to trade for other reasons perhaps?

I'd appreciate any tips on this. Thanks.

[old fart]

First of all, crypto investments due to its high volatility is a risky venture Irrespective of whatever pairs you are trading.
Always have that at the back of your mind while trading.

[jdn_ldn]

First of all, crypto investments due to its high volatility is a risky venture Irrespective of whatever pairs you are trading.
Always have that at the back of your mind while trading.

Yes, I'm not new to trading. Getting stuck in a trade (or having to close at a really bad price) due to insufficient liquidity is a pair/instrument specific problem. I'm trying to research this in order to develop a bot. I have some rough ideas but would like some more experienced traders than myself to weigh in with some exact parameters / rules of thumb...

[joniboini]

This will be hard to answer. However, Binance usually delists trading pairs with low volumes, so it's probably okay to assume that any pair still give you enough liquidity but with a slight spread such as 2-5%. If you want more detailed data then looking at the metrics from Coingecko every day on the pair(s) should give you better insight.

A safer way to do this would be to stick with top coins such as Bitcoin, Ethereum, etc, and of course, the exchange token itself (because there will be no way they will delist their own token).

[adroitful_one]

Hi, sorry if this is a blatant repeat but I'm after some up to date info on this topic.

What are some of the red flags you'd look out for when aiming to avoid trades you could potentially get stuck in on the Binance USDT market?

A specific minimum 24h volume on that coin i.e. $100k? Basically how much liquidity do you look for to feel confident...

Are there coins that are notoriously tricky to trade for other reasons perhaps?

I'd appreciate any tips on this. Thanks.

The biggest thing to stay away from if you're trying to do technical analysis is to try and avoid new coins with hardly any history. That should be pretty obvious though. As far as volumes and trading pairs go, I never really pay attention to any of that. The only thing a low volume may do is cause you to have to wait a little bit longer for a trade to go through and it's not something that usually bothers me. All trading pairs are fine as long as it's not a stable coin that isn't going to move and even some of those have had a price fluctuation of a few cents you could make a profit off of.

[Slow death]

Are there coins that are notoriously tricky to trade for other reasons perhaps?

In my opinion trading Altcoin - USDT is very complicated

Example of ETH - USDT, sometimes the bitcoin price goes up a lot and the price of ETH - USDT goes down a lot, because ETH also fell in the ETH - BTC pair; and sometimes the price of bitcoin falls a lot and also the ETH - BTC pair falls a lot resulting in a big price drop in the ETH - USDT pair.

In the case of BNB - USDT Is a big headache, it outperforms the other altcoins.

This is my opinion, I prefer only the pair BTC - USDT.

[3la9l_kolbaCa]

Are there coins that are notoriously tricky to trade for other reasons perhaps?

In my opinion trading Altcoin - USDT is very complicated

Example of ETH - USDT, sometimes the bitcoin price goes up a lot and the price of ETH - USDT goes down a lot, because ETH also fell in the ETH - BTC pair; and sometimes the price of bitcoin falls a lot and also the ETH - BTC pair falls a lot resulting in a big price drop in the ETH - USDT pair.

In the case of BNB - USDT Is a big headache, it outperforms the other altcoins.

This is my opinion, I prefer only the pair BTC - USDT.

This pairing is a stable tandem that can sustain longer, and fluctuations was not that appealing because usdt was not so volatile compared with other currency. However, when binance would also be do great of its market growth I am sure it rises amazingly. Don't be intimated with USDT, although it sounded dominant behind other alts I think that's not significant at all times.

[Dart18]

I thought when one is paired with USDT then it is one hell of a coin with a good volume already.
Just my speculation though.
I don't know if it real.
I still prefer bitcoin to altcoin most of the time. Just using USDT when I want out but that is rare.
Cannot find for now. But what is this really for?

[Negotiation]

I think if you want to avoid trading the USD USD pair you can do Bitcoin and Ethereum to trade. They are not afraid to lose this side of the trade-in many popular and reliable trade It is better to choose one to avoid the risk of joint trade Always be sure to follow him when trading.

[beerlover]

Haven't they closed USDT cash out in the original tether website? I mean usdt is basically at this point a useless just paper currency with absolutely nothing backing it, why would you want to deal with any usdt pair at all if one day usdt will crash?

I think you should switch to something more trustworthy than USDT, unfortunately binance don't have any that is trustworthy right now, the usdc is also very risky but I think they are working on something called either usdb or busd that will be basically binance backing the money themselves and if that happens (or when that happens) you could potentially trade with that without fearing that coin could drop to less than one cent at any moment people decide it is no longer worth the money. At least not as horrible as tether.

[samuraijin]

Hi, sorry if this is a blatant repeat but I'm after some up to date info on this topic.

What are some of the red flags you'd look out for when aiming to avoid trades you could potentially get stuck in on the Binance USDT market?

A specific minimum 24h volume on that coin i.e. $100k? Basically how much liquidity do you look for to feel confident...

Are there coins that are notoriously tricky to trade for other reasons perhaps?

I'd appreciate any tips on this. Thanks.

If you see an altcoin crypto pair with usdt all have potential as long as you know when to trade and enter into trade it will be even better, usually when bitcoin with usdt goes up all altcoin crypto that has a usdt pair also goes up, but the altcoin pair to bitcoin will down and vice versa, the point is to avoid not buying when the price is rising high and be sure to choose crypto pairs with high trading volume, often it will surprise you normally and does not look complicated

[hello_good_sir]

I don't think that there is necessarily some magical threshold of trading volume that you need to hit in order to say that this market is comfortably liquid for you to get in and out of the market.

You need to look at a variety of factors, including the market cap of the coin itself and its markets elsewhere outside of Binance, the spreads of the market on Binance, as well as whether or not it has sufficient volume for it to handle large sell orders.

Combine these together and you get a much better bigger picture of the markets.

[passwordnow]

I don't usually trade with USDT and I'm always going for bitcoin / alts pair but if I'll ever try to get into this kind of pair, as long as there's liquidity to any pair of USDT there's no problem with that for me.
I think if you're trying to avoid those trades that will make you worry, better stick to the known pairs.

[VanDeinsberg12]

Hi, sorry if this is a blatant repeat but I'm after some up to date info on this topic.

What are some of the red flags you'd look out for when aiming to avoid trades you could potentially get stuck in on the Binance USDT market?

A specific minimum 24h volume on that coin i.e. $100k? Basically how much liquidity do you look for to feel confident...

Are there coins that are notoriously tricky to trade for other reasons perhaps?

I'd appreciate any tips on this. Thanks.

When you are aiming for the safe position to trade in the USDT market and the liquidity must be at least 500k to make sure if you can do an instant dump to liquidate your tokens or coins. I just try to take such amount as the minimum amount to be used to trade in the safe position. This to prevent the bear market that can occur anytime and i can go out from the market instantly.
Just never try to trade in the coin which was having small liquidity and that will be a trap anytime.

[o48o]

Hi, sorry if this is a blatant repeat but I'm after some up to date info on this topic.

What are some of the red flags you'd look out for when aiming to avoid trades you could potentially get stuck in on the Binance USDT market?

A specific minimum 24h volume on that coin i.e. $100k? Basically how much liquidity do you look for to feel confident...

Are there coins that are notoriously tricky to trade for other reasons perhaps?

I'd appreciate any tips on this. Thanks.

Walls come and go. I would rather look at the past price and volume action. Current existing walls in binance won't really matter as the market makers can often take them out if they have other things to watch out or they don't want to be obvious on their actions.

[NathanJB]

Hi, sorry if this is a blatant repeat but I'm after some up to date info on this topic.

What are some of the red flags you'd look out for when aiming to avoid trades you could potentially get stuck in on the Binance USDT market?

A specific minimum 24h volume on that coin i.e. $100k? Basically how much liquidity do you look for to feel confident...

Are there coins that are notoriously tricky to trade for other reasons perhaps?

I'd appreciate any tips on this. Thanks.

Trading in general is really tricky. That is why I do not trade most of the time. I gave up doing day trades because it is too tricky you will end up more confused rather then be enlightened after trading more time than before. I am now waiting for the large swings to make some orders.

$100k at the minimum is already good enough. It will be enough to cover your orders. Just stick to a little gain. Do not aim too much. That is a nice approach to day trading.

[shaheer001]

Binace is a high-rank exchange and they delist the low trading volume coins for more daily updates you can go to metrics from Coingecko for pair trading history, I will prefer always trade with exchange coins or top coins like Eth, BTC, XRP, etc.

[OasisDre]

Trading with USDT pairs is very risky and i haven't get better at it till date, because if this i enjoy buying bitcoin when price goes down and resell when price goes up, it can be daily or weekly, depends on market movement

[salad daging]

Are there coins that are notoriously tricky to trade for other reasons perhaps?

In my opinion trading Altcoin - USDT is very complicated

Example of ETH - USDT, sometimes the bitcoin price goes up a lot and the price of ETH - USDT goes down a lot, because ETH also fell in the ETH - BTC pair; and sometimes the price of bitcoin falls a lot and also the ETH - BTC pair falls a lot resulting in a big price drop in the ETH - USDT pair.

In the case of BNB - USDT Is a big headache, it outperforms the other altcoins.

This is my opinion, I prefer only the pair BTC - USDT.

a little correction, if btc goes down, the eth-usdt pair will go up because of the temporary hedging position, and also other alts, traders don't choose eth-btc pairs at the same time, I always see it in the last few btc waves. the impact of panic will always move towards the demand for conversion to stable coins first in a short amount of time.

[leyton11]

I don't see any coin in Binance that is not worth trading. I even trade Storm coins when the volume is only about $ 7k or $ 10k a day. but only a few days later the price it pumped again and volume increased rapidly to $ 200k - $ 300k. In general, for coins in Binance, you should be assured with it, all are good coins to be listed at Binance.