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Author Topic: Cryptocurrency trading platform  (Read 1267 times)
tvplus006
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October 04, 2020, 08:37:28 AM
 #61

Centralized exchanges are a thing from the past, they get hacked or the wallets go into maintenance for long time like Yobit,
The best is DEX like Uniswap or Sushiswap, connect your metamask wallet and exchange your coins, if your problem is that you want to trade BTC and is not possible with metamask then you need to know that there is WBTC Wrapped Bitcoin and holding or trading BTC is now possible on the Ethereum Blockchain.

WBTC is a good decentralized exchange solution to attract those who like to trade BTC. But this does not solve the problem of high fees that exist on decentralized exchanges. I won't pay $ 40-60 per transaction if I can do it almost for free on centralized exchanges.

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October 04, 2020, 09:54:36 AM
 #62


Cryptocurrency trading is the most popular investment method in the current market. There are many trading platforms for crypto trading. Such as Binance, Kucoin, Bittrex, Poloniex etc. Among them I trade Binance trading platform, Binance is currently one of the best centralized trading platforms for cryptocurrency trading,
For example, the centralized trading platform is Binance, Kucoin
And decentralized trading platforms are Nash, Ether Delta, Binance DEX, Idex
Now I want to know which decentralized trading platform is better than Cryptocurrency trading platform or decentralized trading platform, which means which centralized and decentralized trading platform can be more secure.


This is the regular drawback of DEX in light of the fact that all exchange is on bind which constrain them to hang tight for exchange affirmation before the request execute contrasted with CEX that all exchange is moment with a base exchange without value slippage. Binance will be the decision for the vast majority, regardless of whether they do KYC or not, on the grounds that binance has great security and consistently attempt to ensure their individuals. I have encountered visiting Binance, Poloniex and Bittrex trades I think the volume on this trade looks great contrasted with different trades. So as I would like to think there is no trade that is superior to a portion of the trades that I referenced above, on the grounds that it has been demonstrated plainly protected and there are no snags there. This is only my experience.
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October 05, 2020, 05:24:06 AM
 #63

The question is you "want to learn which decentralized trading platform is better than cryptocurrency trading platform or decentralized trading platform" I mean the question in itself is wrong already, there is really nothing to answer. How could a decentralized trading platform be better than decentralized trading platform, they are literally same words there, they are the same thing, there is no better than itself thing out there? You already named the decentralized trading platforms that are good, binance Dex is pretty good, go with that? I mean you can't just expect people to understand the question when you ask for the same thing. You basically said "A has B and C, X also has Y and Z so which X is better than A or X?" Which makes no sense as you can see from that analogy.
I could get your point. DEX basically promotes the decentralized notion so that you could be certain that your money doesn't get stolen, there were tons of exchanges in the past that got "hacked" or whatever and many people lost their money there, tons of people who wanted to keep trading that no longer has money, we are talking about combined hundreds of millions of dollars gone because of those exchanges which was a big issue.

Dex tries to eliminate that, they try to make sure that with their exchange there is no way you could lose all your money, since it is decentralized your money will be safe. Would you believe that or not? That is something all depending on you and not the exchange, I do not believe them and don't use them but that is the whole idea, no longer getting scammed by exchanges.

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October 05, 2020, 05:40:01 AM
 #64


There are several that trade could trust binance was the most since it has the most volume and you can buy with the cheapest fee regardless of how big the amount you are trading. When you try it on Uniswap you'd be spending an amount upon buying tokens worth 10ETH. Although Uniswap is a DEX, its a good exchange but will prefer to see the order book like the dydx.

You can use Binance dex as they are handled by known reputable team, while with the hypes of UniSwap more interest showed up
from traders who wanted to take their opportunities.

It's still depends from how you percept and how you do your research correctly to find the right platform to use.

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October 05, 2020, 07:09:33 AM
 #65

There are several that traders could trust, binance was the most since it has the most volume and you can buy with the cheapest fee regardless of how big the amount you are trading. When you try it on Uniswap you'd be spending an amount upon buying tokens worth 10ETH. Although Uniswap is a DEX, its a good exchange but will prefer to see the order book like the dydx.

I think the trust placed on Binance should be reduce as a result of their recent development of chasing after volumes instead of protecting their customers. Many traders rely on Binance as they tend to trade coins listed on the platform believing that since Binance has early stated, 'they carryout proper investigating before listing any project on their exchange' therefore all project listed on the exchange most have gone through thorough screening and won't end up been a scam.

But if you have been following the news recently, the founder of one of the just listed tokens months back performed and exit scam and went away with millions of dollars although there are recent reports of the funds been returned but that won't have much impact since the demage has already been done.

The response from Binance CEO to this development made things worst as they openly declare they only list project this days as a result of volume and not missing the hype to other exchange, a popular example was the Uniswap tokens that got listed just hours after launching.

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October 05, 2020, 11:52:36 AM
 #66


There are several that trade could trust binance was the most since it has the most volume and you can buy with the cheapest fee regardless of how big the amount you are trading. When you try it on Uniswap you'd be spending an amount upon buying tokens worth 10ETH. Although Uniswap is a DEX, its a good exchange but will prefer to see the order book like the dydx.
That's true and while decentralized exchanges are good and maybe the future of trading but really as a trader I really love how Binance works because I mean at Dex we are responsible for any mistake we might make plus the high fees on trading.

AS a day trader I really love trading with centralized exchanges like binance because I have to sell and buy various coins all day and the lower the trading fees the more is my revenue and look I support all the Defi and Dex projects out there but as long as trading goes, I will always pick the exchange that gives me maximum profits and the fees are low while also providing security to my funds.
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October 05, 2020, 06:29:05 PM
 #67

Fees on dex will probably get lower, right now it is more like a "hit and run" type of job where they want to make as much money as possible and they want to promote that as much as possible which does cost quite a bit. However at the end of the day we are talking about something that is not sustainable, so it will definitely get lower.

The only reason why I believe dex can't be the future of exchanges is the fact that I am using binance and I literally have no reason to not use it at all, I am not saying dex is bad or anything, they could be as good as it gets but why would I want to use dex when I am already happy with the place I use, what reason is there to switch it out of nowhere? Obviously Binance has to be bankrupted or closed or something for me to give it up.
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October 23, 2020, 01:56:10 PM
 #68

Currently, my answer is Changelly Pro. It's quite modern and has a number of helpful trading features. Recommend to try.
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October 29, 2020, 06:22:20 PM
 #69

Currently, my answer is Changelly Pro. It's quite modern and has a number of helpful trading features. Recommend to try.

Think you for sharing this stuff. It will be interesting to try it. However, I trust the oldest and more reliable platforms, which I know for years. Trading is a risky business, and I simply do not want to lose here making a mistake when choosing the wrong place to do it.
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November 08, 2020, 12:31:23 PM
 #70

 
Currently, my answer is Changelly Pro. It's quite modern and has a number of helpful trading features. Recommend to try.

Is you talking about this cryptocurrency trading platform https://cryptototem.com/changelly-review/? We can try, of course. But what functions does this exchange have? What is its modernity? Can you explain? And what useful trading functions does it have that others don't?

Currently, my answer is Changelly Pro. It's quite modern and has a number of helpful trading features. Recommend to try.

Think you for sharing this stuff. It will be interesting to try it. However, I trust the oldest and more reliable platforms, which I know for years. Trading is a risky business, and I simply do not want to lose here making a mistake when choosing the wrong place to do it.

I have the same feelings when it comes to a new exchanges. Older platforms inspire more confidence.
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November 11, 2020, 11:21:26 AM
 #71

Wunderbit allows to add the account of most largest crypto exchanges and then to trade on it, both manually and automatically, incl. bots.
Copy-trading is also available with over active 1300 bots.
https://trading.wunderbit.co/en
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November 26, 2020, 10:46:12 AM
 #72

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Get -30% discount on 3-months PRO plan!

It’s here — the biggest sale on a trader’s calendar. Don’t miss this.

https://trading.wunderbit.co/en/trader/subscription/pricing?tab=subscription-pricing&period=3.months

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December 25, 2020, 10:17:41 PM
 #73

🎄 Christmas Sale – Get 30% Off on 3-months Pro subscription

https://trading.wunderbit.co/en/trader/subscription/pricing?tab=subscription-pricing&period=3.months
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December 26, 2020, 04:05:27 AM
 #74

Currently, my answer is Changelly Pro. It's quite modern and has a number of helpful trading features. Recommend to try.

Think you for sharing this stuff. It will be interesting to try it. However, I trust the oldest and more reliable platforms, which I know for years. Trading is a risky business, and I simply do not want to lose here making a mistake when choosing the wrong place to do it.

Agree with the older sites are more reliable and the risk to exchange these sites is much less Binance is much better in the old site crypto market is very old and very popular as an exchange site from the beginning. There is no problem for the exchange and traders exchange safely for many years.
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December 26, 2020, 05:04:49 AM
 #75


Cryptocurrency trading is the most popular investment method in the current market. There are many trading platforms for crypto trading. Such as Binance, Kucoin, Bittrex, Poloniex etc. Among them I trade Binance trading platform, Binance is currently one of the best centralized trading platforms for cryptocurrency trading,
For example, the centralized trading platform is Binance, Kucoin
And decentralized trading platforms are Nash, Ether Delta, Binance DEX, Idex
Now I want to know which decentralized trading platform is better than Cryptocurrency trading platform or decentralized trading platform, which means which centralized and decentralized trading platform can be more secure.

Isn't that Kucoin was hacked recently? Perhaps, they've recovered it early, right?
I definitely agreed that Binance was one of the good centralized exchange so far, However, in my case,
the platform that I most often used to trade in was Bitforex, Probit and bithumb global, these 3 exchange
at the moment are the platform where I have crypto assets and gained weekly whether in Bitcoin, USD, and ETH.

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December 26, 2020, 05:11:03 AM
 #76

Binance is the best centralized trading platform.
I never tried any De-Centralized trading platforms
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March 30, 2021, 03:18:31 PM
 #77

Wunderbit Trading is proud to announce the integration of a cryptocurrency derivatives exchange - BitMEX.

Traders of BitMEX can now enjoy features of Wunderbit Trading:

  • Copy-trading
  • Trading bots
  • Crypto trading automation
  • Futures spread trading terminal
  • DCA bots

BitMEX exchange

BitMEX is the world’s most advanced peer-to-peer crypto-products trading platform, supported by best-in-class API, and giving knowledge, confidence, and precision to hundreds of thousands of traders, transacting the equivalent of billions of USD every day.

The core benefits of Bitmex are:

  • High security
  • Outstanding trading fees (Maker -0.025% | Taker 0.075%)
  • Very high liquidity, especially for the XTB / USD pair.

How to build a trading bot for BitMEX

Register with Wunderbit Trading
1. Connect BitMEX API
2. Build your bot using TradingView script
3. Send your Tradingview Alerts to Wunderbit Trading and they will be automatically executed on the BitMEX exchange

In the next couple of weeks, Wunderbit will introduce free Trading Bots available on BitMEX.

Wunderbit Trading: https://trading.wunderbit.co/en
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August 24, 2021, 02:34:23 PM
 #78

Wunderbit Trading is proud to announce the integration of a cryptocurrency exchange - Huobi.

https://journal.wunderbit.co/en/news/article/copy-trading-and-trading-bots-on-huobi
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August 24, 2021, 04:48:36 PM
 #79

Decentralized exchange is becoming more popular than it was before!  One of the reason for this increase in popularity is the success of uniswap on ethereum network!  Uniswap is adjudge to be a very secure and promising Dex!  There are other dexes on ethereum with passion for development and growth.  1inch, Idex are few of some of these dexes!

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August 24, 2021, 06:47:40 PM
 #80

Trust wallet has Dapps which gives you access to uniswap and pancake swap. Seems to be a good setup and much secure than any centralize exchange.

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