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Author Topic: Your Best trading platform is?  (Read 3099 times)
Docnaster
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May 20, 2020, 05:14:15 PM
 #81

I'd personally have to go for these three;

1. Binance — crazy high trading volume, huge number of available markets and a great range of additional products, like Binance lending, staking and futures. Binance is definitely shaping up to be a one-stop-shop for practically anything related to trading.

2. PrimeXBT — hasn't got great volume for many of its crypto futures, but the PrimeXBT Turbo product is interesting. I don't have a huge amount of time leftover each day to spend trading, so it's always nice to be able to nab some quick wins by opening some leveraged micro-trades.

3. BitMEX — probably speaks for itself, but the huge insurance fund and massive liquidity makes BitMEX a great place to trade if you're worried about slippage, scam wicks etc. I try to stay on low leverage, but I'm sure it has the volume to support even highly leveraged trades safely.


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May 20, 2020, 09:23:53 PM
 #82

I used to trade on Bitmex,but I aborted it last month...I just can't master margin trading the way I want,so I think margin trading is not for me...In last 30 days I am focused on long term investments in bitcoin and ethereum

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May 21, 2020, 05:56:34 AM
 #83

I am not always do trading because I have no luck with regards of guessing whether the value of the bitcoin will go up or down, but before I became addicts don it because it finds so entertaining for me and it is really a quick earning of money as I know because of what I have watched on YouTube tutorials, but in one experienced of trading I realized that I had lost already a huge amount of already so now I trading has been removed in my life. Binance is the platform that I had been used at that time it is so user friendly for me to use.
Trading is really profitable and great if you have skills and knowledge in doing so because if you are a beginner you can win from it because it is like gambling in a way that you are taking a risk.
Having skills and knowledge about reading is really a great advantage, but one thing I want to ask, how can we acquire those skills for trading?
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May 21, 2020, 02:40:50 PM
 #84

Its good seeing coinbase on the top. I had used coinbase but trade is not available in my country. So i start treading on hitbtc. Hitbtc is good exchange but they demand high fee and low security. So now i start trading on binance & kucoin. Those are good.

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May 21, 2020, 04:46:54 PM
 #85

I dont use Coinbase beacuse trade in it is so complicate. I use Binance and Huobi Exchange to hold me asset and trading. There are a good exchange with high security, high liquility, many trading pair and easy to use

I also don't use coinbase because my country isn't yet supported but I don't think coinbase is complicated, it is similar to other exchanges. The special thing about coinbase is its high liquidity, it is probably the highest according to the statistics on coinmarketcap.

In what ways is coinbase complex? How do you expert an exchange/trading platform to be.
Which exchange is simple to you.

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May 21, 2020, 04:50:50 PM
 #86

Its good seeing coinbase on the top. I had used coinbase but trade is not available in my country. So i start treading on hitbtc. Hitbtc is good exchange but they demand high fee and low security. So now i start trading on binance & kucoin. Those are good.

On what parameter do you conclude that an exchange platform is good when its poor in security and the charges is also too high.
That means all the assets on their custody can vanish within seconds.

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May 21, 2020, 04:53:54 PM
 #87

It is true that coinbase is highly recommended for trading, but in my opinion coinbase is not the best. The best is binance exchanges for now
as a trading platform, because of the many features of binance that Coinbase does not yet have. Binance promotion  many  IEO projects are
very potential, can provide big profits for investors. So from that until now I am still comfortable using binance for trading.

Is it possible for one to invest in token on by analysing what  happen on Binance?

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May 22, 2020, 01:43:21 AM
 #88

Its good seeing coinbase on the top. I had used coinbase but trade is not available in my country. So i start treading on hitbtc. Hitbtc is good exchange but they demand high fee and low security. So now i start trading on binance & kucoin. Those are good.
Why don't you choose exchanges like Binance or Huobi because these are exchanges that are always trusted by all investors and very cheap transaction fees.

In comparison, HitBTC is only a bad exchange because there have been many investors losing money at this exchange for unknown reasons. Also, their support team is very bad if you have problems with withdrawals so it is best to avoid.

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May 23, 2020, 06:46:35 AM
 #89

It is true that coinbase is highly recommended for trading, but in my opinion coinbase is not the best. The best is binance exchanges for now
as a trading platform, because of the many features of binance that Coinbase does not yet have. Binance promotion  many  IEO projects are
very potential, can provide big profits for investors. So from that until now I am still comfortable using binance for trading.

Is it possible for one to invest in token on by analysing what  happen on Binance?

Your research is your research, you can relay on one information from one place, what is happening with some token on one exchange (and only thing you can see on exchange is buy/sell orders and make some conclusions about supply/demand of that token), but it would be better to check the project itself, to see who are they, what are they doing, and all other things you can find about them, and only then you should invest.
I started with KuCoin years ago and I don't wish to change them for binance. Every exchange is just an exchange in the end, make your decision based on info you collect from several places. Recheck everything you can, doesn't matter from where you get your info.

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May 23, 2020, 12:48:09 PM
 #90

coinbase is my first trading platform. It's really best for functions & security. Moreover coinbase user can still transaction currency to other coinbase user without fee by using email. That's amazing But i saw it get crushed sometimes as can't handle a lots of traffic. Beside I trade on Binance, also a best exchange
Coinbase is the first exchange I use when participating in this market, and until now I have not had any problems trading here. However, when buying and selling at this exchange, the transaction fee is very high, and that is why I am no longer interested in using it. Currently, I am using Okex because it has a lot of useful tools in making a profit, and the fees at this exchange are very low compared to other exchanges.






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May 23, 2020, 01:47:17 PM
 #91

well I have many accounts in some exchanges but the best exchange for me is binance because you know it is the most popular exchange and with high volume of coins, good to trading there. Once there is announcement of listing a coin in the binance, make sure you invest in that coin because it will rise up the price. Smiley

Even I have many accounts registered on different exchanges, which most of them are not up to the mark which they are not generating enough volumes when compared to other exchanges. That's why I am completely trading on Binance exchange, which there are the active implementation of the Binance exchange.

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May 23, 2020, 01:57:46 PM
 #92

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?
I guess coinbase is listed on top because of the fact that it pays huge sums of money in referrals and also in social media marketing, which directly speaks for its position at the top.
I personally prefer my local bitcoin exchange which is based in my country for purchasing bitcoins as they are quick in deposits and withdrawals of fiat currency and then I deposit those bitcoins to my Binance account which is the best exchange for buying altcoins or for trading(to be honest) as it have a large trading volume or you can say the biggest trading volume amongst all other exchanges.

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SacriFries11
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May 23, 2020, 03:11:21 PM
 #93

Its good seeing coinbase on the top. I had used coinbase but trade is not available in my country. So i start treading on hitbtc. Hitbtc is good exchange but they demand high fee and low security. So now i start trading on binance & kucoin. Those are good.
Why don't you choose exchanges like Binance or Huobi because these are exchanges that are always trusted by all investors and very cheap transaction fees.

In comparison, HitBTC is only a bad exchange because there have been many investors losing money at this exchange for unknown reasons. Also, their support team is very bad if you have problems with withdrawals so it is best to avoid.
In early days, I have no choice to exchange but in Hitbtc and its often that the new launch coins choose it for their exchange site. I really hate it, I have no choice but to transact in their exchange. The fees are very high and the amount you be able to trade is limited. I really glad that their some exchange that don't follow their performance. I'm using Binance, Bittrex and Coinbase but I prefer to use Binance since I'm comfortable trading and all I wanted is present in their site.

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TitanGEL
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May 23, 2020, 03:26:50 PM
 #94

I use Binance and Etoro but I often use binance especially when I do momentum trading in a short term time frame. Binance have a higher leveraged and they are offering up to 125x and for me as a trader it is really good. I use Etoro sometimes because it has a good features which is automatically stop poss and take profit but their leveraged towards cryptocurrencies are too low because the max is only 2x. There are only 13 cryptocurrencies in Etoro so it is limited.

I know that there are more trading platform out there that have high security and easy to use. I just get used to trade uaing Binance and Etoro. But I plan to open a account in different exchanges for me also to try and use different platforms that can help my trading performances.

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ethereumhunter
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May 23, 2020, 05:29:11 PM
 #95

I used to trade on Bitmex,but I aborted it last month...I just can't master margin trading the way I want,so I think margin trading is not for me...In last 30 days I am focused on long term investments in bitcoin and ethereum

You should try binance as many people here suggested to use to trade. I think that will not be too complicated as if you use bitmex because, in binance, you can use the normal trade, and that will different than the margin trading. It is difficult to use margin trading to make a profit because you need to have more skills to determine the price moves. But yes, I see that the profit that you can make on bitmex will be bigger if you can master or improve your skills.

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shushu9977
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May 23, 2020, 09:12:43 PM
 #96

I use coinbase just for stoking my coins. But I want to always greatful to few exchanges such as- binnace,  kucoin, whitebit etc. These are my favourite exchanges. I feel like more secure and privacy.       

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May 23, 2020, 11:43:16 PM
 #97

In fact, I only tried these two from the list
2. Binance
3. CEX.IO
Binance was my favorite and I worked with them for a long time but unfortunately they banned my country and I was no longer able to trade. Nevertheless, I found it to be the best platform in terms of ease of work, great liquidity, and good support.

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May 24, 2020, 03:15:15 AM
 #98

In fact, I only tried these two from the list
2. Binance
3. CEX.IO
Binance was my favorite and I worked with them for a long time but unfortunately they banned my country and I was no longer able to trade. Nevertheless, I found it to be the best platform in terms of ease of work, great liquidity, and good support.
I only used Binance for the past three years, and this exchange has lots of good coins to choose from. Besides, Binance often has a lot of incentive programs for investors to buy BNB to earn passive income, and I participated in the beginning. Of course, there are many other ways to make money from Binance, and you can also choose to join IEO because the projects listed here often increase by more than 300%.

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yarlungzangbo
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May 24, 2020, 07:34:08 AM
 #99

Deribit.com
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May 24, 2020, 04:41:13 PM
 #100

I have been trading for 3 years, and I always use Hitbtc, Binance and Bittrex, these three platforms, in my opinion are good, service is also good,
but for some reason Hitbtc has always been a controversial exchange  Huh

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