Your Best trading platform is?

[Wenbing]

Crypto exchange platforms.

I've been studying the exchange platforms available for crypto trading and I saw a list of ten top crypto trading platforms from Cryptodetail.

I'll list below in order of rating.
1. Coinbase
2. Binance
3. CEX.IO
4. Localbitcoins
5. Bitfinex
6.Bittrex
7. Kraken
8. Coinmama
9. Changelly
10. Prime XBT


In that ranking order we can see that Coinbase is the top and probably the best trading platforms. I found out that coinbase doesn't only offer trading services it also license other businesses to use its API for crypto payment related transaction.

I want us to discuss on the following areas.

1. From your experience which of the trading platform has great features and epic user experience (UX) that new traders should learn to use.

2. What is special about coinbase that almost all the website are ranking it to be the best crypto trading platform?

[FatFork]

2. What is special about coinbase that almost all the website are ranking it to be the best crypto trading platform?

I think Coinbase affiliate program pays the most for new sign ups so most of these rankings are fake and only serve to attract new referrals.
It's like those fake hosting rankings where Bluehost, HostGator and the like always come first just because they pay the most in the affiliate program. But in reality, they have probably the worst hosting service.

BTW, what about that ugly image in your post? Was that really necessary?

[rodskee]

I only Use 3 of the listed and those are Bittrex,Binance and Coinbase
though there are many of my friends uses
 Kraken and localbitcoins.i think those who are into Arbitrage trading
 is until now using almost all of that exchange
 but not me.i only use those most trusted and has many legit comments specially in this Forum.but i will consider others
 in future when i start trading more not like now that i only use trading platform rarely for some exchanging things.

[Assface16678]

On the top items listed created by the OP only two of the trading platform I really use because in coinbase they have a good trading UI which is good and relaxing to my eyes still it depends on the user if what are the good ways of trading, we have different biases which are good too to make move what things we are familiar also I used finance when I do not need to have a lot of trading money. Always take care of trading because it requires a lot of knowledge, ideas, skills, and management how you will get your income. Also as a beginner, I recommended the use of copy trading because you can make earning by just the trades of other people but if you want to learn more you can make your own trading game.

[Yamifoud]

I have only 2 exchanges, and that is Bittrex and Binance but I usually use Binance since my funds are already there. I'd never had the intent to withdraw once I have profit but just have to keep in there. Maybe I was confident of their security that is why I have no worries even I store my funds for a year but sometimes I also think, What IF...what of the previous hacking scenario will happen again.
There are only two things we need to consider the potentiality of that certain exchanger and that is their security and transaction fees.

[Wenbing]

2. What is special about coinbase that almost all the website are ranking it to be the best crypto trading platform?

I think Coinbase affiliate program pays the most for new sign ups so most of these rankings are fake and only serve to attract new referrals.
It's like those fake hosting rankings where Bluehost, HostGator and the like always come first just because they pay the most in the affiliate program. But in reality, they have probably the worst hosting service.

BTW, what about that ugly image in your post? Was that really necessary?

As for the image, every image has a message its passing across. As a crypto analyst you should know this.

See the signals
See the histogram
See coinbase
See smartphone device and
See the green colour

Then what can you infer from this in relation to trading?

[Ryker1]

Well, among the ten number of choices I only use Coinbase not only for security but also I have trusted the platform since I started here. The rest perhaps be good as well. Before my friend who introduced me in the crypto world uses the same platform so to make things easier for me when I was new I decided to use Coinbase as well for immediate assistance if I don't understand some things in the platform. Indeed, it will be our own discretion on which or how many of them we will use for our activities because I know any issues that they may have will surely be addressed in no time to maintain the trust that we have on them.

[ScamViruS]

I trade on two platforms Bittrex and Binance. I think this is good for me. When I first joined cryptocurrency, I first traded using bittrex. I have always used the exchange to trade. After launching binance, I started trading on bittrex and binance. So far I have not encountered any major problems in these two exchanges. So I will put these two exchanges in my list. Coinbase does not allow trading in the country where I live, so I have never traded on this exchange. But coinbase allows wallet service in our country, so I used their wallet service several times and never faced any problem.

[Wenbing]

Well, among the ten number of choices I only use Coinbase not only for security but also I have trusted the platform since I started here. The rest perhaps be good as well. Before my friend who introduced me in the crypto world uses the same platform so to make things easier for me when I was new I decided to use Coinbase as well for immediate assistance if I don't understand some things in the platform. Indeed, it will be our own discretion on which or how many of them we will use for our activities because I know any issues that they may have will surely be addressed in no time to maintain the trust that we have on them.

Thanks for this experience.
You mentioned trust as the reason why you use coinbase right. I think trust is also based on some factor?

Why do you have so much trust for Coinbase exchange?

[Mahanton]

I want us to discuss on the following areas.

1. From your experience which of the trading platform has great features and epic user experience (UX) that new traders should learn to use.

2. What is special about coinbase that almost all the website are ranking it to be the best crypto trading platform?

1. Among all the exchangers that i have experienced to use then one of the best if Binance ( no doubt) you can even toggle between basic or advanced mode when it comes to trading UI which is
totally a recognizable feature that a exchange platform must have. Next, is poloniex- yeah it might be already pass its prime but i remember the days where i do make use of this platform
without any hiccups or whatsoever.

2. Its not the best but one of the best..you shouldnt easily believe on what you do read when it comes to ranking things.

[exstasie]

I'll list below in order of rating.
1. Coinbase
2. Binance
3. CEX.IO
4. Localbitcoins
5. Bitfinex
6. Bittrex
7. Kraken
8. Coinmama
9. Changelly
10. Prime XBT

No offense but this is a terrible list. It mixes together spot, altcoin, margin, derivative, peer-to-peer, and instant exchanges all at once.

There is no such thing as the "best trading platform." It depends what your needs are.

Bitfinex and Kraken are the obvious choices for margin spot trading. Probably Bitmex and Deribit for derivatives, although I like Kumex a lot for casual (smaller position) perpetual swaps trading. Binance is still the best altcoin exchange.

[Stedsm]

Binance for both futures and altcoin trading, and for Fiat selling, localbitcoins, wazirx and paxful are 3 best options available for you to choose from. As of now, even Binance allows us to conduct P2P trades there which can be somehow profitable for those traders who can hodl for some extra time and in no urgent need of cash.

[Ridwan Fauzi]

I like binance until now, I just comfortable when I use this platform. Moreover binance team has launched a way to make easy for crypto user in my country make a deposit or withdraw. There is no exchange who can do that, I mean an exchange which have a good valume if I compare with my local exchange.

[coupable]

Back to old days, i used to make trades in Bittrex,Yobit. Both now are confirmed as scam shemes due to many reasons but i didn't, personally, face any problem using them before they both started enforcing KYC. I have also tried many other decentralised exchanges like IDEX (for eth tokens) and cryptobridge but they now become unpopular or just shut down.
The best trading platforms to choose from can be found in my signature. BestChange classify exchanges according to their rates and credibilty so you can choose the one suitable to your needs for a better trading experience.

[AakZaki]

Binance became the best Trading Platform I chose. Because many features are provided by Binance. I also trade Future which is more convenient than other platforms.

and the latest from binance right now is Spot P2P to make buying and selling crypto assets very easily. Payment methods can use direct bank transfer.
I have also become an official P2P Binance trading partner as one of Indonesia's verified merchants.
https://zaky-cell.com/

[maydna]

Binance, bittrex, and poloniex will be the exchanges that I have used so far, but I used binance for trading more than bittrex and poloniex.

I think every exchange will have the advantages and disadvantages so we cannot compare each other since we also have a different experience to use the exchange to trade. Binance as the biggest exchange will be the choice of people to trade because they can search for more profit than the other exchanges. But I think the other exchange will try to compete with binance because they want to be the biggest exchange too.

[YOSHIE]

For now, I haven't thought about other trading platforms, I still use Binance.
My binance feels safer to trade.

I'm more confident about trades that still provide identity verification (KYC), and for Binance users having to use 2FA is something that every user must require.
For that Binance is a good trade to use for me, certainly everyone has their own judgment in using trade for them.

[Wenbing]

Binance became the best Trading Platform I chose. Because many features are provided by Binance. I also trade Future which is more convenient than other platforms.

and the latest from binance right now is Spot P2P to make buying and selling crypto assets very easily. Payment methods can use direct bank transfer.
I have also become an official P2P Binance trading partner as one of Indonesia's verified merchants.
https://zaky-cell.com/

Congrats for being a verified trading merchant of Binance in Indonesia. You mentioned reasons why you choose Binance over other but you fail to mention the security of the reputable platform?

How secure is Binance?

[AakZaki]

Congrats for being a verified trading merchant of Binance in Indonesia. You mentioned reasons why you choose Binance over other but you fail to mention the security of the reputable platform?

How secure is Binance?

First I say thank you for the beautiful words you gave.

when talking about security, of course everyone will not know for sure the problem, I believe in trade in Binance of course because of the level of trust by the wider community both from the global level and from my own country. currently the Binance exchange is the most popular in my country considering the features of Binance are increasing over time.

especially now that I'm a part of a verified P2P trader, of course I won't choose another exchange except for the exchange in my own country, Indodax as the second choice.

[Twentyonepaylots]

Binance for both futures and altcoin trading, and for Fiat selling, localbitcoins, wazirx and paxful are 3 best options available for you to choose from. As of now, even Binance allows us to conduct P2P trades there which can be somehow profitable for those traders who can hodl for some extra time and in no urgent need of cash.

Yeah I stan on binance when it comes to futures trading, I find it very peculiar since this is the first time that I saw a 125x leverage on a futures trading, it's like x 12.5 to your profit and what I do love about their trading platform is that they are concern on every customer, I am receiving a warning through email and phone number whenever my margin exceeds to 80%. I often use binance because of the trading volume and liquidity, most of the time I switch with just two exchanges, binance and coinbase.