Difficulty choosing a trading platform

[CryptopreneurBrainboss]

Tell me please which platforms would you recommend to me? Those that would be easy to use.
What is important in your opinion when choosing a platform for yourself? What is worth paying attention to?

Choosing a trading platform totally depends on the trader's expectations and what he/she wants to trade. Assuming a trader will be interested in trading bitcoin, my recommended cryptocurrency exchange would be quite different from that of a trader that's interested in trading mostly altcoins or future market.

The funding/trading options available on the exchange will also be put into consideration, how will the trade like to fund his or her account since not all platform offer's an option of depositing fiat meaning for a trader to begin trading in that particular platform, they'll have to deposit other listed coins on the platform like bitcoin or ethereum, etc.

Also if the trader will like to use advance trading tools like stop loss/buy limit etc it'll influence the options of exchange to recommend.

[1715331787]

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[1715331787]

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[tippytoes]

What is important in your opinion when choosing a platform for yourself? What is worth paying attention to?

First point would be the platform's reputation. You don't want to go where there are problems or high delays in handling various issues, including the deposits and withdrawals.
Then the liquidity on the trade pair you want should be at reasonable levels.
The fees - trading and also deposit/withdrawal - are quite important too.
After this I think that's all personal choice. Some prefer the ones where KYC is not needed, for example.

You should also be prepared to see a lot of annoying trading bots wherever you go. In some places they may be more or less annoying, you'll have to look around for yourself.

To add from the above pointers, I prefer exchanges with fast response of technical support. Like for example, if you have withdrawal problems, and you contacted them, at least they have reply within 24 hours, if it will be days or weeks, it is like you are waiting in vain. Liquidity is also important when you are trading. You should check that before sending any coin to that exchange because you might end up waiting for days just to trade a particular coin. And finally, once you have finished your trading, don't forget to withdraw or transfer your funds to your secured wallet. Even if the exchange is popular like BNB, it is always better not to leave your coins in an exchange.

[GreatArkansas]

Tell me please which platforms would you recommend to me? Those that would be easy to use.

I can suggest to you are those exchanges that are friendly user first, so that you can operate it easily.
Like Binance, ByBit or Kucoin. These exchanges have also mobile applications where you can trade just using your phone.
Besides for being friendly, make sure you read their terms and conditions before using them so you will not encounter any issue in the future.

[maydna]

How if you try one by one of the trading platform to see which one that you want to use. I think by doing that, you will know what the advantages and the disadvantages for each platform are, and you can know what platform that suits you to trade. You can deposit some money if you want to know how it looks like to trade on each platform. Perhaps, you will get another experience that will be useful for you, and you can know which one that you can recommend for your friends too.

[spike420211]

Contact the teacher of all time and people - YouTube.
Find advanced and popular traders and see their live sessions, as well as their reviews of various crypto exchanges.
I started with this. In addition, you will be qualitatively pointed out all the nuances and pitfalls that may occur on platforms.

[Ridwan Fauzi]

You have been one year on this forum and I just suprised that you still don't know the best platform/exchange to trade.

What have you been doing all this time? Don't spend your time to find giveaway or bounty campaign it will make you stuck at the end.

Also you don't need to make this thread just google it and you will find a bunch of platform along with the review from most poeple. And I'll bet that most of them will choose binace as the best exchange at this time you can choose it.

[Yatsan]

Contact the teacher of all time and people - YouTube.

For long that we are having a problem with youtube towards crypto related content creators, I personally suggests to read manuals or books regarding trading. Not promoting to boycott youtube but the fact that youtube takes an action between the said contents are already a hint for us that something isn't right happening with those channel/videos, a scam in the making or frauds.

Find advanced and popular traders and see their live sessions, as well as their reviews of various crypto exchanges.
I started with this. In addition, you will be qualitatively pointed out all the nuances and pitfalls that may occur on platforms.

That's recommendable, live session is also a tutorial, a demonstrative way for the audience to adapt not only the trading but also the platform. As much as possible take only 2 or 3 exchanges from different tiers so you will be able to get the differences that you may take advantage of in the future.

[maxreish]

You have to consider so many things in choosing a trading platform. Look for it's good reputation, it's security and a good platform. I usually trade in Bitmex, Binance, Tokenomy and so far they never failed me. Especially that most of the time I used mobile phone in trading, thus those were compatible and mobile friendly.
 
 On top of that,  Binance is one of an easy to use trading app. Or you can check some of trading exchanges which also offer good performance with low fees.

[Kelvinid]

Choosing the best and user-friendly exchanges will help you to feel comfortable in doing trade and it matters a lot.

I have to recommend Binance and Kucoin. Not because it has a name in the market already but also of its market volume.
But of course, the results of your trade will also matter the chosen coin/s you use for trade. If you are new in this field, you just have to focus on one exchange only. Aside from that, never stop learning but rather to keep searching and to find good trading tools that could help you to fully understand trading.

[CaVO32]

How if you try one by one of the trading platform to see which one that you want to use. I think by doing that, you will know what the advantages and the disadvantages for each platform are, and you can know what platform that suits you to trade. You can deposit some money if you want to know how it looks like to trade on each platform. Perhaps, you will get another experience that will be useful for you, and you can know which one that you can recommend for your friends too.

that's actually good suggestion. because if the OP has hard time which exchange he will use, he can try some of them - at least those that are on top of his list. For sure, you will have your own list of exchanges depending on what coin you are going to trade with. try small amount of money and experience yourself what it is like to trade in the exchange, it is always better to have your own experience rather than rely on someone else. first hand experience is always the best.

also, consider those exchanges at the top. because in that way, you know they will not screw your funds and getting help would be much easier.

[Hippocrypto]

Contact the teacher of all time and people - YouTube.
Find advanced and popular traders and see their live sessions, as well as their reviews of various crypto exchanges.
I started with this. In addition, you will be qualitatively pointed out all the nuances and pitfalls that may occur on platforms.

If always rely on youtube, it isn't our assurance to learn into something sustainable because they only based on their own theory. The reality of trading can be a harsher thing as to compare with theoritical aspects. Some might find it interesting, but in the end they've lost hope along the ways due to volatility of the market.

[thebutton]

For me, aside from the one mentioned above of how to choose the best trading platform, I would pick that would be convenient to use. Since I want not all the time I am on my PC then it would be great to use a trading platform that has a mobile application which I can monitor anytime and anywhere. I am searching right now on what fits me especially the interface if it is beginner friendly along with the fees and so on and so forth.

[Pinkris128]

Hello to all users.

I am new to crypto trading, but I want to discover this new world, and therefore it is very important for me to consult with experienced people.

Tell me please which platforms would you recommend to me? Those that would be easy to use.
What is important in your opinion when choosing a platform for yourself? What is worth paying attention to?

I have nothing to recommend to you but only use Binance. I'm not part of their team but they are highly recommended. I've a lot of friends which are their staffs because they treat their clients very seriously thus every of your concerns will be entertained as long as it's relevant to their platform. You may visit their website by clicking the image below:



Ps. I'm not part of their team nor promoting them.

[Negotiation]

I also use mobile applications to eliminate the difficulty of choosing a trading platform No matter where I am I go in and find out which platform is the best so the difficulty can be easily eliminated. I also do more business on mobile However the best way to trade is Binance Do business with apps using mobile apps.

[tbterryboy]

Tell me please which platforms would you recommend to me? Those that would be easy to use.
What is important in your opinion when choosing a platform for yourself? What is worth paying attention to?

There are many people have already suggested you many platforms but I like to make sure few things before you are going to start using one/few of exchanges out of those suggestions.

You can choose an exchange which is available in your country like the exchanges are not available completely or restricting few features for some countries. You must make sure your selected exchanges providing all its services or all the services you are looking from an exchange. For example, you may prefer to have debit from an exchange but that exchange may not service it to your country.

You must be ready to clear KYC with all your government provided documents. Some exchanges are assuring about not requiring KYC for ever. So, you need to educate yourself like you are ready for KYC or not and its requirements and how to clear it.

[Omair Amin]

I think the most important thing is liquidity about the different exchanges that are being provided which have high or low volume you should choose the exchanges which have best reputations according to that the other thing you should be aware about the fees that are being consumed during the trading choose the exchange which have low fees.

[Leviathan.007]

For there are many factors such as fee and liquidity.
But first before all these factors above KYC is the most important part. I believe none in the crypto world should ask you for the real ID because the point of crypto is to be stay anonymous all the time.

[mdzahed134]

I will be recommend both of mobile and desktop friendly exchange which is known as Binance. Currently high reputed and major stock exchange. I do not think difficulty to find trading platform, if Binance is popular for trading as well as hold cryptocurrency. It is much safer from others exchanges. I just talking about one major exchange, but other many exchanges also suitable for trading.                    

[Oceat]

The most important thing is to choose a TRading platform that gives you help tools, as in Bitfinex you have to place: Take Profit + Stop Loss, this allows you to have peace of mind, another platform is Binance since it is very reliable, Bitstamp is excellent, I recommend you the most recognized since they have greater confidence in the market.

Binance is the most commonly used for a few newbie users but newbies should not directly trade to any exchange platform first without having an experience of how trading does work. It's better to choose the best trading platform but it is also best to learn the basics of trading before facing them in real time.

[BuNga_cute]

It's not easy to choose a trading platform, because almost all trading platforms offer the same benefits. We must choose
carefully. I chose a trading platform based on real trading volume, low trading costs and complete trading features.So far
only binance exchanges that meet the trading platform criteria that I want. I recommend binance exchanges as the best
trading platform for now, because I have proven it myself.