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ionezatoin (OP)
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May 31, 2022, 12:52:44 PM
 #1

Hi guys, I am new into Crypto, I wanna know which platform has low gas fee .. my budget is very low which is just 120$ .. I do not want to throw them into trash, but I like to embark on any platform which gives good returns, like Exness or Position exchange. I was reading an article on https://detailsnreviews.com/crypto-exchange-okcoin-launches-a-free-trading-nft-marketplace/ , do you think it is good to start with 120$?
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May 31, 2022, 03:17:05 PM
 #2

I guess since you are a newbie, I would suggest to stick first with Binance so you dont have to worry about the gas fee. You can even fund Binance using your creditcard. Then later on you can start investing using your metamask or buy a Trezor wallet for added security.

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May 31, 2022, 03:42:31 PM
 #3

Are you talking about DEX decentralized exchanges with low gas fees?

I think Quickswap is most of the decentralized exchanges recommended for low gas fees they use the Polygon network with cheap gas fees.

Or are you talking about the NFT marketplace? There is a large marketplace for NFT their website is https://opensea.io/ but the problem is the ETH network gas fees are expensive compared to other networks.

You can try Binance they have an NFT marketplace not a large marketplace but you can pay a cheap gas fee you can find their marketplace here https://www.binance.com/en/nft/home

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May 31, 2022, 03:46:41 PM
 #4

Start with $120 is not too small if you manage your capital very well. If you understand the risk appetite management and try to invest or trade carefully then you will be good. Don't be greedy because losing is usually because of greed. You can stay with binance because it is popular and you can easily get help here about it if you raise an issue that needs contribution. Good luck to your investment.
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May 31, 2022, 04:16:23 PM
 #5

but I like to embark on any platform which gives good returns, like Exness or Position exchange.

So.. are you looking for a trading platform or a platform that gives you good returns? Because I'm pretty sure trading returns will totally depend on your performance, not necessarily the exchange.

Also, if you're talking about gas fees(Ethereum), then every platform is guaranteed to have $10+ withdrawal fees because Ethereum fees are expensive.

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May 31, 2022, 06:02:11 PM
 #6

Hi guys, I am new into Crypto, I wanna know which platform has low gas fee .. my budget is very low which is just 120$ .. I do not want to throw them into trash, but I like to embark on any platform which gives good returns, like Exness or Position exchange. I was reading an article on https://detailsnreviews.com/crypto-exchange-okcoin-launches-a-free-trading-nft-marketplace/ , do you think it is good to start with 120$?
As some people have stated if you buy your coins directly from an exchange then you can save yourself the miner fees and you will only have to pay the trading fees as long as you do not get your coins out of the exchange, and even those can be reduced if you choose to withdraw your money with coins with a very low transaction fee, with that being said it seems you are interested in the NFT market, I would recommend you reconsider your decision as the NFT market is not really a place of newbies to invest as most likely you will lose your 120 dollars relatively quickly if you decide to invest in that market.
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May 31, 2022, 09:26:47 PM
 #7

I haven't used okcoin.

But just stick with Binance if you have ever doubts with that exchange or with any other as well. Binance has been proven and being used by the majority here.

It also has a lot of coins to choose as you trade there and they've got NFT marketplace as well. So, basically you're getting almost everything there and even has an earn/stake/save feature.

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May 31, 2022, 09:49:23 PM
 #8

I guess since you are a newbie, I would suggest to stick first with Binance so you dont have to worry about the gas fee. You can even fund Binance using your creditcard. Then later on you can start investing using your metamask or buy a Trezor wallet for added security.
This is the best and secured option, though of course your safety will still depend on the knowledge that you have so if you are a newbie, better to limit your trade transactions first while you are still learning about the market. Trading is not easy, and with that capital you should not expect something big in return in just a short period of time. If you already have background in trading then Binance is really good for you.
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May 31, 2022, 10:46:46 PM
 #9

Hi guys, I am new into Crypto, I wanna know which platform has low gas fee ..
Gas fees on exchange vary on the network, if the Ethereum gas fee is congested, it seems you need to pay that amount, and the only way to know that was on the Ethereum Gas Tracker.

These exchange platforms are most recommended for lower gas fees for NTF.
  • Binance
  • OpenSea
  • Rarible

You can check on your own, but don't expect to pay lower than $5 for the fee on those exchange platforms, especially if the Ethereum network is congested.

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May 31, 2022, 11:12:20 PM
 #10

Hi guys, I am new into Crypto, I wanna know which platform has low gas fee .. my budget is very low which is just 120$ .. I do not want to throw them into trash, but I like to embark on any platform which gives good returns, like Exness or Position exchange. I was reading an article on https://detailsnreviews.com/crypto-exchange-okcoin-launches-a-free-trading-nft-marketplace/ , do you think it is good to start with 120$?

Don't look for lowest fee but look for the most trusted exchange which will not rip off your balances when your asleep, so go with the top tier because you can sleep without worrying about those possible exploits or scams that might happen on a platform. Also there's nothing to go with other because in Binance you can see a lot of potential coins and tokens listed so for going there the next possible assignment you will have is to research which crypto is good to trade.

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May 31, 2022, 11:17:54 PM
Last edit: June 01, 2022, 01:09:29 AM by CaVO32
 #11

Hi guys, I am new into Crypto, I wanna know which platform has low gas fee .. my budget is very low which is just 120$ .. I do not want to throw them into trash, but I like to embark on any platform which gives good returns, like Exness or Position exchange. I was reading an article on https://detailsnreviews.com/crypto-exchange-okcoin-launches-a-free-trading-nft-marketplace/ , do you think it is good to start with 120$?

Don't look for lowest fee but look for the most trusted exchange which will not rip off your balances when your asleep, so go with the top tier because you can sleep without worrying about those possible exploits or scams that might happen on a platform. Also there's nothing to go with other because in Binance you can see a lot of potential coins and tokens listed so for going there the next possible assignment you will have is to research which crypto is good to trade.

The exchanges mentioned by the OP is not familiar ones to me. Better create an account in binance or kucoin or other reliable exchanges, at least they are the reputable ones in the market and you know they won't run away with your funds. If the exchange is small and never heard of, better stay away from them before they screw you with your funds. They may be offering the lowest trading or withdrawal fee, but your problem that you may encounter will be like the liquidity of the trading pair and it would take long time before you can withdraw your funds.
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June 01, 2022, 11:49:47 AM
 #12

Hi guys, I am new into Crypto, I wanna know which platform has low gas fee .. my budget is very low which is just 120$ .. I do not want to throw them into trash, but I like to embark on any platform which gives good returns, like Exness or Position exchange. I was reading an article on https://detailsnreviews.com/crypto-exchange-okcoin-launches-a-free-trading-nft-marketplace/ , do you think it is good to start with 120$?

you can check out cleo.finance crypto trading platform. One of the aims of the platform is to remove the complexity from trading. It has trading tools and it is very easy to navigate. You can place your trades with a Binance account connection. You can check it out by just signing up also and it is free.

It allows you to create your entry and exit conditions by just typing, and defining your size in any way you want, set and manage multiple stop loss and take profit and modify it on the chart so all in one place and requires one click and you are able to manage everything in one place, replaying your position history on the chart in real-time so that you can see what is missing on your trading strategy and how to improve them, which conditions are fulfilled and how they are fulfilled etc. 
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June 01, 2022, 02:10:14 PM
 #13

Hi guys, I am new into Crypto, I wanna know which platform has low gas fee .. my budget is very low which is just 120$ .. I do not want to throw them into trash, but I like to embark on any platform which gives good returns, like Exness or Position exchange. I was reading an article on https://detailsnreviews.com/crypto-exchange-okcoin-launches-a-free-trading-nft-marketplace/ , do you think it is good to start with 120$?
Binance is a good platform you can always rely on with good reputation. It is easy to maneuver without much stress on what to get familiar with it. There are other platform you can use to start your journey into the crypto world which are just like Binance. One thing that makes Binance easy to use is because of it app that has both professional and starter interface where you can easily get things done. One of the major problem is Binance is a centralized platform that requires KYC for you be able to buy and sell.

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June 01, 2022, 03:08:55 PM
 #14

do you think it is good to start with 120$?
Before you start trading, I hope you understand the risks.
what you need to know, not all crypto trading platforms provide you with guaranteed good returns. It all depends on your skills and knowledge.

then, whatever capital you use, you can start. develop or not all depends on how you can manage your trading assets.

but if you consider transaction fees, you can consider DEX exchanges with lower fees. I guess it will help you in gaining trading experience. Moreover, some exchanges provide a demo feature that you can use to practice.



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June 01, 2022, 03:22:06 PM
 #15

Hi guys, I am new into Crypto, I wanna know which platform has low gas fee .. my budget is very low which is just 120$ .. I do not want to throw them into trash, but I like to embark on any platform which gives good returns, like Exness or Position exchange. I was reading an article on https://detailsnreviews.com/crypto-exchange-okcoin-launches-a-free-trading-nft-marketplace/ , do you think it is good to start with 120$?

Many people here are suggesting you binance, I also suggesting you binance, but at the same time I will also suggest the name of another exchanger and that is FTX exchanger. FTX is known as one of the lowest gas fee. It is good to know that to withdraw from it you have to pay a very small amount of gas fee for some coins and in most cases withdrawal fee is free.

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June 01, 2022, 06:46:37 PM
 #16

So far for a newbie I advise you to stick to popular exchanges such as okex and Binance aside from the centralized nature, the fee on those exchanges are relatively low, but be prepared for high fees since you want to trade ethereum as the fees on ethereum network is always high, If you don't mind about your privacy then I will suggest binance as the best option available for you right now.
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June 02, 2022, 01:50:14 AM
 #17

So you are talking about flipping NFTs? There are a lot of people using that and utilizing that in order to make a profit.

Since you are talking about gas fees, that's probably it. Your $120 might not last long if you are going to use the ETH network or something because it's going to be expensive. It's not going to be worth it unless it's going to be a steal.

For the part where you are going to use an exchange, it's going to be better I think if there are low fees to begin with. Maybe you can start there. Especially with what you mentioned, the free trading NFT.

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June 02, 2022, 08:11:26 AM
 #18

Many people here are suggesting you binance, I also suggesting you binance, but at the same time I will also suggest the name of another exchanger and that is FTX exchanger. FTX is known as one of the lowest gas fee. It is good to know that to withdraw from it you have to pay a very small amount of gas fee for some coins and in most cases withdrawal fee is free.
Yeah, FTX is a good option as well and although I have never used it because I didn't feel the need to switch from Binance, I have a few friends who use FTX and they have always told me positive things about the exchange. If I am not wrong they do have the stock market pairs as well? I heard somewhere but not 100% sure.

One exchange I would strongly suggest staying away from is Bittrex, their support literally sucks. I had to send them 20 emails and almost always got a botted reply or the person communicating had no interest in solving the problem and even now it's unsolved for years. Not going to go into details but I would never suggest anyone trading at bittrex.

Binance, FTX, KuCoin, Okx are some of the decent exchanges I have used and/or heard good things from my friends who I know are not paid reviewers.

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June 02, 2022, 09:28:02 AM
 #19

Hi guys, I am new into Crypto, I wanna know which platform has low gas fee ..[ ~]
I don't understand what you are asking about a trading platform with the lowest fee or a blockchain with lower transaction fee?

In case, you asking about exchange with a lowest withdrawal fee then I would suggest you FTX. And if you want to know about a blockchain that has lowest transaction fee then kadena is best charge you $0.000000001 or few more zeros lol per transaction
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June 02, 2022, 09:43:12 AM
 #20

Hi guys, I am new into Crypto, I wanna know which platform has low gas fee .. my budget is very low which is just 120$ .. I do not want to throw them into trash, but I like to embark on any platform which gives good returns, like Exness or Position exchange. I was reading an article on https://detailsnreviews.com/crypto-exchange-okcoin-launches-a-free-trading-nft-marketplace/ , do you think it is good to start with 120$?
If you are a beginner, Binance is a great place to start trading because there is a huge selection of coins and tokens that you can trade with. In addition, Binance is a trusted trading platform that is already recommended by many traders. Using $120 is enough for a beginner to start trading but you have to learn trading analysis so that you can analyze properly and correctly. I don't know anything about NFT trading because I feel it's just stepping into a new trend and maybe not yet a necessity for people.
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June 02, 2022, 10:35:23 AM
 #21

Hi guys, I am new into Crypto, I wanna know which platform has low gas fee .. my budget is very low which is just 120$ .. I do not want to throw them into trash, but I like to embark on any platform which gives good returns, like Exness or Position exchange. I was reading an article on https://detailsnreviews.com/crypto-exchange-okcoin-launches-a-free-trading-nft-marketplace/ , do you think it is good to start with 120$?
that amount of capital is ok mate and if you're looking for an exchange with low fees i think bybit and binance will suit to your needs especially when it comes trading different assets. But since you're a newbie, i suggest make research first how trading really works.   Watch some video for sure it can help.

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June 02, 2022, 11:34:57 AM
 #22

Hi guys, I am new into Crypto, I wanna know which platform has low gas fee .. my budget is very low which is just 120$ .. I do not want to throw them into trash, but I like to embark on any platform which gives good returns, like Exness or Position exchange. I was reading an article on https://detailsnreviews.com/crypto-exchange-okcoin-launches-a-free-trading-nft-marketplace/ , do you think it is good to start with 120$?

First of all welcome to the crypto trading ecosystem.
In order to start trading, the amount doesn't matter at all.
All you need is a great mind to learn new things, and implement new tactics to earn good money.
As a Newbie, I would suggest you to go for Binance.
Don't worry about the gas fees there, as you can buy Bitcoins, through your bank card or directly through Peer2Peer deals.
Binance is also famous for it's great layout and security. So for a newbie like you, Binance will be the best choice.

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June 02, 2022, 01:25:34 PM
 #23

Hi guys, I am new into Crypto, I wanna know which platform has low gas fee .. my budget is very low which is just 120$ .. I do not want to throw them into trash, but I like to embark on any platform which gives good returns, like Exness or Position exchange. I was reading an article on https://detailsnreviews.com/crypto-exchange-okcoin-launches-a-free-trading-nft-marketplace/ , do you think it is good to start with 120$?
Isn't that FTX still has the lowest fee? I never heard those exchanges you mentioned but exchange like Binance and FTX has low fee but it will not be same as the gas fee because exchanges use the batching system and also they may ask more than actual fee needed because they call it as withdrawal fee.

But you don't have to withdraw money after every trade especially when you have low capital just trust the reputed exchanges which is worth for few hundreds in my opinion when you have the intention of further trading in near future.

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June 02, 2022, 04:51:53 PM
 #24

Binance is a good platform you can always rely on with good reputation. It is easy to maneuver without much stress on what to get familiar with it. There are other platform you can use to start your journey into the crypto world which are just like Binance. One thing that makes Binance easy to use is because of it app that has both professional and starter interface where you can easily get things done. One of the major problem is Binance is a centralized platform that requires KYC for you be able to buy and sell.
This is true, there are many people who dislike Binance because it is at the top and there are many people like that in the world for any subject. Like they would hate the best team in a sport, hate the best actor in a movie, hate the biggest political party just because it is the biggest one, hate bitcoin because it is at the top, and all of them end up picking something smaller and worse just because they do not want to be favouring the best.

Binance is the best and there is a reason why it is the best, there has been a million other exchanges, people are not idiots to pick Binance out of those millions to use and take it to the top, we did it because Binance was the best one.

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June 02, 2022, 05:18:13 PM
 #25

Binance is user-friendly, especially for beginners so it would be better for you to use this reputable platform first before trying other exchanges. Don't focus on the fees but rather the good service that an exchange could provide. There are actually exchanges that offer cheaper transaction fees but have negative feedback so it would be better to stick to a top exchange.
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June 02, 2022, 05:43:05 PM
 #26

... like Exness or Position exchange. I was reading an article on https://detailsnreviews.com/crypto-exchange-okcoin-launches-a-free-trading-nft-marketplace/ ,
What kind of exchange are they?
I never see and know about the two. And after searching, I only found Position exchange on CMC rank 653. Why should choose those kinds of exchanges if you can find better ones?
See for much better, trusted, and reputable exchanges here, mate:
https://coinmarketcap.com/rankings/exchanges/
There are some top exchanges like:
Binance
FTX
Coinbase
and many more again you can see on the lists of top ranks.

What you can pay attention to is not only the exchange but also the coin or token that you want to invest or trade. It is better to make some research again before investing, because you are new and never hurried up only without any leanring at first.



R


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June 02, 2022, 07:44:35 PM
 #27

What kind of exchange are they?
I never see and know about the two. And after searching, I only found Position exchange on CMC rank 653. Why should choose those kinds of exchanges if you can find better ones?
See for much better, trusted, and reputable exchanges here, mate:
https://coinmarketcap.com/rankings/exchanges/
There are some top exchanges like:
Binance
FTX
Coinbase
and many more again you can see on the lists of top ranks.

What you can pay attention to is not only the exchange but also the coin or token that you want to invest or trade. It is better to make some research again before investing, because you are new and never hurried up only without any leanring at first.
I don't think the OP is too stupid not to know anything about the reputation of the exchange because he's basically aware that the exchange he's asking about has left him in doubt. He can easily find an exchange with a good reputation even though he says that he is still a beginner because there is a lot of free information being shared on google or certain platforms to find the top crypto exchanges today.

The OP can also use a P2P exchange or maybe a centralized exchange based in his country. He can easily buy and start investing, but the best advice for him is not to keep any investment assets on an exchange even if it's only $120.

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June 02, 2022, 07:55:58 PM
 #28

Hi guys, I am new into Crypto, I wanna know which platform has low gas fee .. my budget is very low which is just 120$ .. I do not want to throw them into trash, but I like to embark on any platform which gives good returns, like Exness or Position exchange. I was reading an article on https://detailsnreviews.com/crypto-exchange-okcoin-launches-a-free-trading-nft-marketplace/ , do you think it is good to start with 120$?
What do you want to actually do with the money? Do you want to buy coins and keep them invested or do you want to buy NFTs and keep them with you or just want to buy bitcoin and hold it. Platform would depend on that only, if you are into NFT which I think you are probably looking for then go with Sol NFTs or Near NFTs they have comparably lower gas fees and can give good profits you can use solanart for Sol NFTs they have low fees so you would not burn a lot of cash.
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June 02, 2022, 10:36:32 PM
 #29

Hi guys, I am new into Crypto, I wanna know which platform has low gas fee .. my budget is very low which is just 120$ .. I do not want to throw them into trash, but I like to embark on any platform which gives good returns, like Exness or Position exchange. I was reading an article on https://detailsnreviews.com/crypto-exchange-okcoin-launches-a-free-trading-nft-marketplace/ , do you think it is good to start with 120$?
Because you are new here, I suggest you not to use these exchanges,
Top exchanges like Binance also have small fees for transactions and trading, only a few percent. Moreover, Binance has several types of pairs and many coinslisted. you can utilize the pairs to gain the returns if you can.
Actually, most top exchanges also have small fees, FTX, Kucoin, and Okex, are also the same. You are better to choose those top exchanges than use the non-popular exchanges because you only got them from website reviews. Never only believe n website reviews.
Btw, $120 is enough for a beginner. the important thing is that the money is free money, not your daily money to be used. It means that you are free to use the money at your own risk. Learn whatever is about crypto and trading. Find top traded coins in the top exchanges, never follow the hype. If you are willing to have long-term investment, I will suggest you buy Bitcoin. If you wnat altcoins, BNB can be a good idea. Or, do your own research on mostly top coins.

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June 02, 2022, 11:59:13 PM
 #30

Hi guys, I am new into Crypto, I wanna know which platform has low gas fee .. my budget is very low which is just 120$ .. I do not want to throw them into trash, but I like to embark on any platform which gives good returns, like Exness or Position exchange. I was reading an article on https://detailsnreviews.com/crypto-exchange-okcoin-launches-a-free-trading-nft-marketplace/ , do you think it is good to start with 120$?
What do you want to actually do with the money? Do you want to buy coins and keep them invested or do you want to buy NFTs and keep them with you or just want to buy bitcoin and hold it. Platform would depend on that only, if you are into NFT which I think you are probably looking for then go with Sol NFTs or Near NFTs they have comparably lower gas fees and can give good profits you can use solanart for Sol NFTs they have low fees so you would not burn a lot of cash.
^ It is definitely right if you are in the network that considering an ETH killer then it has surely a lower gas fee, SOL, BNB, and ADA. These are considering ETH killer networks. It has surely lower gas fee which is considered a good alternative and if the exchange has these coins, then that is a good exchange to pick. Binance was the primary exchange that the most suggested it here because there was a BNB there that makes lower fees. You can buy NTF using BNB or any altcoin in exchange for BNB and then convert it into your fiat.
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June 03, 2022, 03:39:08 AM
 #31

Hi guys, I am new into Crypto, I wanna know which platform has low gas fee .. my budget is very low which is just 120$
As a Newbie, I would suggest you to go for Binance.
Don't worry about the gas fees there, as you can buy Bitcoins, through your bank card or directly through Peer2Peer deals.
Binance is also famous for it's great layout and security. So for a newbie like you, Binance will be the best choice.
If he's refer to gas fee, then he's talking about Ethereum or ERC20 token, not Bitcoin. Even though now gas fee is quite cheap, but with only $120 capital, he might lose $10-$20 for the trading fee and exchange fee to send to his own wallet. Don't only looking to a random shitcoin to earn instant profit, because you could rekt. Also don't hold your token on exchange.

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June 03, 2022, 05:25:21 AM
 #32

Hi guys, I am new into Crypto, I wanna know which platform has low gas fee .. my budget is very low which is just 120$ .. I do not want to throw them into trash, but I like to embark on any platform which gives good returns, like Exness or Position exchange. I was reading an article on https://detailsnreviews.com/crypto-exchange-okcoin-launches-a-free-trading-nft-marketplace/ , do you think it is good to start with 120$?
First of all, $120 is more than enough for someone who is looking to start their trading career. The amount is not too big that you would regret losing while it's not too small either so you will make decisions seriously. I haven't read that article you linked yet but from my understanding yes $120 is perfectly fine to start trading.

Secondly, there are 2 types of fees you will find when trading. The one is trading fees which is a very small percentage taken by exchanges for allowing you to trade on their platform and the second is transaction fees which is almost the same on every exchange and you can withdraw in coins that have low fees like TRX instead of ETH which would eat up all the $120 in a few transactions itself.

I myself trade at Binance and had a few issues but none too big to discredit them and I can recommend it to you as well.

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June 03, 2022, 06:07:33 AM
 #33

Hi guys, I am new into Crypto, I wanna know which platform has low gas fee .. my budget is very low which is just 120$ .. I do not want to throw them into trash, but I like to embark on any platform which gives good returns, like Exness or Position exchange. I was reading an article on https://detailsnreviews.com/crypto-exchange-okcoin-launches-a-free-trading-nft-marketplace/ , do you think it is good to start with 120$?
Isn't that FTX still has the lowest fee? I never heard those exchanges you mentioned but exchange like Binance and FTX has low fee but it will not be same as the gas fee because exchanges use the batching system and also they may ask more than actual fee needed because they call it as withdrawal fee.

But you don't have to withdraw money after every trade especially when you have low capital just trust the reputed exchanges which is worth for few hundreds in my opinion when you have the intention of further trading in near future.

FTX was said to have free trading fees. I have not tried but its what they advertise AFAIK. That should be a good place to start as they also have substantial  volume.

OP however is mentioning about NFT. Its quite unclear what he wanted actually but for me, flipping NFT seem not a fast money making for someone with just $120. But he can sure trade with $120 and with just little spike of price he can already sell. Just keep repeating it as long as he can analyse the market.







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June 03, 2022, 11:58:03 AM
 #34

that amount of capital is ok mate and if you're looking for an exchange with low fees i think bybit and binance will suit to your needs especially when it comes trading different assets. But since you're a newbie, i suggest make research first how trading really works.   Watch some video for sure it can help.

Regards
Yes, if anyone from my circle of friends or relatives asking to where can they start to learn trading, I always says binance. It is know worldwide, even well-known personalities in our country uses that exchange. I started trading $100, I experienced losses with this investment because I only listen to so called influencers that time, but then I learned my lessons and I am now studying the chart so I can prevent too much losses in trading.
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June 03, 2022, 03:00:11 PM
 #35

Now a really good option is a platform from the Amarkets broker. At least, this option seems to me quite interesting and profitable.
I checked your last 10-20 posts and you seem to be promoting/shilling about Amarkets a lot. Not sure what they offer but no exchange can be profitable because it depends on the trader what they do and how they strategize which brings profits or losses. I really hope you are not shilling for Amarkets because this is called paid spamming and you could be negatively tagged as well for doing so.

I see a lot of people suggesting Binance, FTX, etc but remember these are all centralized exchanges and I personally prefer to use DEX as much as possible since you control your coins. But yeah trading with $120 means you cannot afford to lose too much money on gas so might be viable to use centralized exchanges like binance for the time being and once you have a good trading bankroll, shift to DEX.
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June 03, 2022, 05:25:45 PM
 #36

Hi guys, I am new into Crypto, I wanna know which platform has low gas fee .. my budget is very low which is just 120$ .. I do not want to throw them into trash, but I like to embark on any platform which gives good returns, like Exness or Position exchange. I was reading an article on https://detailsnreviews.com/crypto-exchange-okcoin-launches-a-free-trading-nft-marketplace/ , do you think it is good to start with 120$?
What do you want to actually do with the money? Do you want to buy coins and keep them invested or do you want to buy NFTs and keep them with you or just want to buy bitcoin and hold it. Platform would depend on that only, if you are into NFT which I think you are probably looking for then go with Sol NFTs or Near NFTs they have comparably lower gas fees and can give good profits you can use solanart for Sol NFTs they have low fees so you would not burn a lot of cash.
People need to be smart and avoid NFTs as much as possible, when we were in the middle of a bull market NFTs became incredibly popular and like always people thought that a collapse was impossible, now that we are in the middle of a bear market people are not adjusting their strategies and still think NFTs are a viable option to make money, and this could not be more wrong, a great deal of those which invested in those coins lost everything, so it is better to stay away from them for the foreseeable future.
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June 03, 2022, 07:07:20 PM
 #37

The gas fee really depends on the network you are using. Dex doesn't charge much. Also, there is a risk of the fake token on dex, so be careful. Since you aren't much experienced better to use reputed CEX like Binance where you don't need to spend the gas fee. I have been using Binance and no issue still now. But you have to provide KYC documents for cex. So choose the best option for you.

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June 03, 2022, 07:08:17 PM
 #38

Hi guys, I am new into Crypto, I wanna know which platform has low gas fee .. my budget is very low which is just 120$ .. I do not want to throw them into trash, but I like to embark on any platform which gives good returns, like Exness or Position exchange. I was reading an article on https://detailsnreviews.com/crypto-exchange-okcoin-launches-a-free-trading-nft-marketplace/ , do you think it is good to start with 120$?

I would not say $120 is too less, but considering the value of bitcoin its tiny amount. You should start holding and day trading with it and profit something out of that way. These days fees are off the roof, and you could end up loosing the money on the transactions itself. There is always taker and maker fees on the exchangers and for this purpose just buying the coins and holding them into wallet could be best idea.

Definitely others who are more regular trader will suggest you better way out of this but if I was you and I only had 120 bucks to spend into crypto then I would have just spent it on coin like bitcoin (1st priority) and then may be DOGE, MATIC etc. But that's also out of holding.

My suggested exchanger is Binance.
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June 03, 2022, 10:12:48 PM
 #39

The gas fee really depends on the network you are using. Dex doesn't charge much. Also, there is a risk of the fake token on dex, so be careful. Since you aren't much experienced better to use reputed CEX like Binance where you don't need to spend the gas fee. I have been using Binance and no issue still now. But you have to provide KYC documents for cex. So choose the best option for you.
Depends on the dex, like if you are using uniswap, which is a dex, that means you are trading in the ERC20 network, and it will cost you a lot and the gas fee will be a lot. Maybe not these days, it looks like the price has been lowered a lot recently because of the fall and the lack of volume, but at the time it was definitely something that mattered a lot and the gas fee was a lot.

This is why I believe that we should not be really shocked to see some dex platforms being more expensive than the others, one that uses tron or sol or avax will not be equal to something that uses eth or even bnb. Hence there are some differences for sure.

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June 03, 2022, 11:59:12 PM
 #40

If I was you, I will choose only the top exchanges and will not risk my money on the low cap trading platform.
Moreover, it is very easy to find trusted and reputable trading platforms so far. We can see from the lists in Coin market Cap or in CoinGecko.
Binance is on the first list and I am sure that many people here also use Binance. Moreover, this also provides many coins and types of trading.

If this is about gas fee for sending tokens or coins, actually every trading platform moreover big exchanges like Binance also gives several options. Ethereum or ERC20 may be one of the highest network fees to transfer. But we can also use BSC, Tron network, and other options provided by the exchanges. Additionally, if this is about trading fees, don't worry because Binance and also other bg exchanges also offer affordable trading fees.

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June 04, 2022, 01:01:24 AM
 #41

If you are new to trading I would suggest to create an account in Kucoin , Crypto.com or Binance so you dont have to worry about the gas fee. If you have a long term mindset in investing I would suggest to go to pancakeswap but it is a little bit technical to learn.

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June 04, 2022, 09:36:39 AM
 #42

Even though you didn't mention clearly about what kind of coins and platforms your are talking about but based on the replies it looks like you're talking about the NFT trading platform and you know the fee actually depends on the blockchain where those tokens are running so in decentralized exchange the blockchain decide the fee not the exchange itself but for someone who is really want to get into crypto trading for the first time they start with NFTs? Not a good choice in my opinion...









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June 05, 2022, 11:39:28 AM
 #43

Gas fees are for blockchains. Trading fees are for an exchange.
If it's exchange fees then Binance might have the lowest using BNB as the tool for it. While if are planning on deposits and withdrawals low fees with little trace of you getting in and out then Kucoin will be a good recommendation.
I have used these two exchanges for a long time and never had a single problem, especially with Binance. My back up had always been Kucoin if ever a coin is not listed on the former.

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June 05, 2022, 07:20:18 PM
 #44

Hi guys, I am new into Crypto, I wanna know which platform has low gas fee .. my budget is very low which is just 120$ .. I do not want to throw them into trash, but I like to embark on any platform which gives good returns, like Exness or Position exchange. I was reading an article on https://detailsnreviews.com/crypto-exchange-okcoin-launches-a-free-trading-nft-marketplace/ , do you think it is good to start with 120$?
First off, welcome here in the crypto world. Secondly your budget which is 120 usd is not very low in my opinion but that was a nice budget to start with. With that budget you will not worry about the gas fees because you can end up buying a good amount of coins before that budget runs out. Is that posi?

The position exchange you're talkin about? I already heard of this once but this was not used by the many so I will be careful on using it while for the other exchange which is called exness, I guess this is new? but like posi, I will also be careful on this one. On the article it says free trading but that was only for nft's and not for the typical cryptos. Sorry but I can't recommend nft to you this time.

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June 05, 2022, 09:39:05 PM
 #45

If you are new to trading I would suggest to create an account in Kucoin , Crypto.com or Binance so you dont have to worry about the gas fee. If you have a long term mindset in investing I would suggest to go to pancakeswap but it is a little bit technical to learn.
Binance is a good option for every newbie, this is very friendly and you can easily understand how this platform works but without any trading knowledge, I believe you will still find it hard no matter what exchanges you are using so better start learning how to trade first. Choosing trading platform should only be your second priority since learning should always comes first.
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June 05, 2022, 10:47:59 PM
 #46

If you are new to trading I would suggest to create an account in Kucoin , Crypto.com or Binance so you dont have to worry about the gas fee. If you have a long term mindset in investing I would suggest to go to pancakeswap but it is a little bit technical to learn.
Binance is a good option for every newbie, this is very friendly and you can easily understand how this platform works but without any trading knowledge, I believe you will still find it hard no matter what exchanges you are using so better start learning how to trade first. Choosing trading platform should only be your second priority since learning should always comes first.
Binance all the way when it comes to trading platform yet you could really make some switch from basic to advanced users when it comes to charting which simply means that it is really noob friendly i can say.

Also, this is one of the most famous crypto platforms that we do have today and there's no doubt on that and this is why they are getting that much popularity of this community because they offer

the best service in terms of functionalities which the crypto community do really look for and also there's kucoin which is also good.

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June 06, 2022, 09:59:20 PM
 #47

Choosing a good exchange platform to start trading is one of the aspects that we must consider carefully. This will really influence the security of our assets. I personally will not choose the two exchanges, they are not popular. I will prefer to choose Binance as the top option. Although we cannot also guarantee that Binance is fully secured because this was also ever hacked, at least, we have to know its reputation. Alternatively, there are also some other top exchanges that we can use. You can check them on the Coin Market Cap. there are top lists of exchanges, both CEX and DEX.
Additionally, besides about the security system, it is also about the options of trading pairs, easiness of other transactions, and also fee for transaction.

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June 06, 2022, 10:14:10 PM
 #48

I guess since you are a newbie, I would suggest to stick first with Binance so you dont have to worry about the gas fee. You can even fund Binance using your creditcard. Then later on you can start investing using your metamask or buy a Trezor wallet for added security.
are you giving op the platform to buy or you are informing op the exact wallet the bought can be served without hacked, because i really don't comprehend exactly your point. If actually it's a place were he can get or purchase a coin through all exchanges, i think you are right by recommending binance,but we have numerous exchange were purchasing of cryptocurrency can be done with much disturbance or trouble.

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June 07, 2022, 04:32:12 PM
 #49

I started with something far less than what you've at hand in 2017. I think then it was with Polonex. Later I got onto Coinexchange and then Binance came up and took the shine from them till this day. My advice to you is to check top rated exchanges on the CMC and choose from any that's rated 10 over 10. I recommend Binance to you, anyway. I don't know what the commission is compared to others but I know my funds are safe there. At least for five years that I've been using it, no issues relating to loss of trust.

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June 07, 2022, 04:46:16 PM
 #50

I started with something far less than what you've at hand in 2017. I think then it was with Polonex. Later I got onto Coinexchange and then Binance came up and took the shine from them till this day. My advice to you is to check top rated exchanges on the CMC and choose from any that's rated 10 over 10. I recommend Binance to you, anyway. I don't know what the commission is compared to others but I know my funds are safe there. At least for five years that I've been using it, no issues relating to loss of trust.
In terms of fund security, Binance is the main choice for choosing a platform, especially if you are a beginner who wants to trade or invest. Don't choose the wrong platform, because the funds are not safe even though it's not our fault. and if that happens, the op will be psychologically disturbed, so he can't focus on learning to trade. there has been a lot of reliable evidence from binance, one of which was when binance was hacked, and consumer funds were returned, and it formed its own consumer confidence in binance

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June 07, 2022, 05:19:18 PM
 #51

If you are new to trading I would suggest to create an account in Kucoin , Crypto.com or Binance so you dont have to worry about the gas fee. If you have a long term mindset in investing I would suggest to go to pancakeswap but it is a little bit technical to learn.
Binance is a good option for every newbie, this is very friendly and you can easily understand how this platform works but without any trading knowledge, I believe you will still find it hard no matter what exchanges you are using so better start learning how to trade first. Choosing trading platform should only be your second priority since learning should always comes first.
While without a doubt the selection of an exchange is without a doubt important as there are a great deal of scam exchanges out there, as you say this is secondary, the most important goal that any person that is entering this market should have is to learn as much as they can about it before risking their money, the money we have at our disposal is limited, however the market will always be there, which means it is better to take our time and only begin to trade or invest once we are completely ready for it.
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June 07, 2022, 11:04:12 PM
 #52

If you are new to trading I would suggest to create an account in Kucoin , Crypto.com or Binance so you dont have to worry about the gas fee.
I agree with this. Moreover, those exchanges also have several options of withdrawal networks, so it will vary on the gas fees. And we can choose lower gas fees than only ERC20. Moreover, the reputation of those exchanges are much better highly than the exchanges that are mentioned by the OP. I don't know why the OP will think to use those platform because a review or article.

If you have a long term mindset in investing I would suggest to go to pancakeswap but it is a little bit technical to learn.
I wonder why should be PancakeSwap? Is it about the staking or farming that offer high APY? or are there are choice of long term investment?

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June 07, 2022, 11:59:40 PM
 #53

If you are new to trading I would suggest to create an account in Kucoin , Crypto.com or Binance so you dont have to worry about the gas fee. If you have a long term mindset in investing I would suggest to go to pancakeswap but it is a little bit technical to learn.
Binance is a good option for every newbie, this is very friendly and you can easily understand how this platform works but without any trading knowledge, I believe you will still find it hard no matter what exchanges you are using so better start learning how to trade first. Choosing trading platform should only be your second priority since learning should always comes first.
I tend to agree with this since Binance is a very popular exchange nowadays.
It makes sense because they supported a lot of tokens and coins on their platform and they're considering a stepping stone in a good project that has been listed that not involved fraud activities.

But always remember this, don't leave your fund into any of those centralized exchange platforms or think that they're a good wallet to store your assets, though Binance has a SAFU feature, it doesn't mean your funds are totally safe.

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ningrum
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June 08, 2022, 10:17:35 AM
 #54

If you are new to trading I would suggest to create an account in Kucoin , Crypto.com or Binance so you dont have to worry about the gas fee. If you have a long term mindset in investing I would suggest to go to pancakeswap but it is a little bit technical to learn.
Binance is a good option for every newbie, this is very friendly and you can easily understand how this platform works but without any trading knowledge, I believe you will still find it hard no matter what exchanges you are using so better start learning how to trade first. Choosing trading platform should only be your second priority since learning should always comes first.
While without a doubt the selection of an exchange is without a doubt important as there are a great deal of scam exchanges out there, as you say this is secondary, the most important goal that any person that is entering this market should have is to learn as much as they can about it before risking their money, the money we have at our disposal is limited, however the market will always be there, which means it is better to take our time and only begin to trade or invest once we are completely ready for it.
Choosing an exchange is indeed one of the important things we need to think about,
Popular exchanges like Binance are the exchanges of choice for many people, besides being trusted on Binance it also has complete features,
What must also be considered before entering the market is the preparation of all things related to crypto

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June 08, 2022, 07:49:16 PM
 #55

Choosing an exchange is indeed one of the important things we need to think about,
Popular exchanges like Binance are the exchanges of choice for many people, besides being trusted on Binance it also has complete features,
What must also be considered before entering the market is the preparation of all things related to crypto
You also need to check the features that you want to use, and if one place is missing that then you could remove that from the list right away. This is why making a profit is not really a problem at all. I believe that we should not be really looking at anything that would be a problem at all when we want to add in some new features as well so you should plan it ahead as well.

This is why Binance is loved so much, because whatever you can find anywhere else, is also there as well which is why it's loved so much. I personally never found a place that has something that is extra to Binance, maybe coins/tokens listed, but all the good ones and liked ones are in Binance anyone.
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June 10, 2022, 06:24:19 PM
 #56

Choosing an exchange is indeed one of the important things we need to think about,
Popular exchanges like Binance are the exchanges of choice for many people, besides being trusted on Binance it also has complete features,
What must also be considered before entering the market is the preparation of all things related to crypto
You also need to check the features that you want to use, and if one place is missing that then you could remove that from the list right away. This is why making a profit is not really a problem at all. I believe that we should not be really looking at anything that would be a problem at all when we want to add in some new features as well so you should plan it ahead as well.

This is why Binance is loved so much, because whatever you can find anywhere else, is also there as well which is why it's loved so much. I personally never found a place that has something that is extra to Binance, maybe coins/tokens listed, but all the good ones and liked ones are in Binance anyone.
Which is why it is so important to use a demo account if a available to see all the features that the exchange has and see if it fits our needs, a newbies most likely will not have specialized needs about what features they need, but a good trader will eventually develop a strategy in which certain features are needed and if the exchange does not have them then this immediately disqualifies such an exchange from the list of exchanges they would like to use in order to perform their trades.
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June 14, 2022, 10:34:02 AM
 #57

I have been trading with capital wallet. They have hundreds of tokens available, and their trading & conversion fee is also $0.5, one of the lowest.
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June 14, 2022, 04:12:40 PM
 #58

I guess since you are a newbie, I would suggest to stick first with Binance so you dont have to worry about the gas fee. You can even fund Binance using your creditcard. Then later on you can start investing using your metamask or buy a Trezor wallet for added security.
Really newbies are meant to use a specific platforms as you portray to trade because i believe that with binance you will understand the rudiments of trading first before venturing into any platforms. Because i know that some newbies is inquisitive to trade for place whereby it's recognized. If i should recommend any platform it should be binance.

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June 15, 2022, 08:28:34 PM
 #59

You also need to check the features that you want to use, and if one place is missing that then you could remove that from the list right away. This is why making a profit is not really a problem at all. I believe that we should not be really looking at anything that would be a problem at all when we want to add in some new features as well so you should plan it ahead as well.

This is why Binance is loved so much, because whatever you can find anywhere else, is also there as well which is why it's loved so much. I personally never found a place that has something that is extra to Binance, maybe coins/tokens listed, but all the good ones and liked ones are in Binance anyone.
Which is why it is so important to use a demo account if a available to see all the features that the exchange has and see if it fits our needs, a newbies most likely will not have specialized needs about what features they need, but a good trader will eventually develop a strategy in which certain features are needed and if the exchange does not have them then this immediately disqualifies such an exchange from the list of exchanges they would like to use in order to perform their trades.
You are right, demo accounts are quite good because it allows you to both learn the place a bit, but also learn how to trade as well. Demo account would mean that, you could literally do whatever you would have done anyway, and just not use any money that you would otherwise use at all. This is a perfect method, but I am not sure if all of them have it.

Like I know some leverage ones do have it, but does Binance have any demo account deal? If there is one, I never heard of it, neither heard of Coinbase to have one neither. Don't get me wrong, I am not saying there isn't one, maybe there is one, but I never heard of it before and would be shocked to learn they have it.
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June 18, 2022, 09:15:28 AM
 #60

Since you are newbie, with less activities it indicates you are new into crypto, I will advise you start with binance, because it is less complicated and very straight forward. And about the gas fee, binance isn't that bad too.
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September 01, 2022, 05:08:25 PM
 #61

the investment you make with such a little cash in my opinion is good choice because i think that you are new and starter so put big revenue can make you sad as you will have such a reduced skills to manage these things. you should invest in matic as its gas fees is low also it is favorable token and will have fortunate coming days, can give you useful sum. 

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September 02, 2022, 03:15:04 PM
 #62

As a beginner, don't just focus on platforms with low gas fees but rather on exchanges that provide good a promising services. I would recommend you to use Binance because it's beginner-friendly and they guarantee you safety and security. It's also easy to use since they have guides. Just be sure to choose a promising coin so you'll have a successful trading journey.
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September 02, 2022, 04:07:12 PM
 #63

It is good if you will stick into the reputable and trusted already exchange by the most of the users which is the Binance still you have an option recent I discover different exchange and perks of it like the crypto.com and one of the recent is the MECX there's a lot more depends on the coin you want to supported with. But like the same of others peoples choice binance is the most user friendly.

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September 02, 2022, 11:35:10 PM
 #64

It is good if you will stick into the reputable and trusted already exchange by the most of the users which is the Binance still you have an option recent I discover different exchange and perks of it like the crypto.com and one of the recent is the MECX there's a lot more depends on the coin you want to supported with. But like the same of others peoples choice binance is the most user friendly.

Maybe you mean mexc.com exchange. But as you said, many are trusting binance for so many reasons. I am also confident using this exchange even if we say their KYC is mandatory. They also have very good liquidity of most known alts, which you can execute your order fast. But if you want to trade some tokens or coins that are new, most of the time, they are not yet listed in binance. Hence, you can check other reputable exchanges about the trading pair.
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September 03, 2022, 02:02:53 PM
 #65

start with the amount with which you will be comfortable in the future you will be able to reinvest your capital to get even more profit
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September 03, 2022, 07:40:18 PM
 #66

Point is what are you asking for is it Decentralized or Centralized. Now let me help you in both Centralized as Binanace Coinbase and top 10 Considered as on CMC. But if you are going for the Decentralization then there comes Dexs the most famous one Uniswap then Pancakeswap be very careful that Dexs involved higher riskt of Wallet hacking must need to check then confirm Transections and never connect wallet on the Third class sites and swaps and swaps are too common these days. So be careful while choose.

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September 03, 2022, 08:22:39 PM
 #67

Hi guys, I am new into Crypto, I wanna know which platform has low gas fee .. my budget is very low which is just 120$ .. I do not want to throw them into trash, but I like to embark on any platform which gives good returns, like Exness or Position exchange. I was reading an article on https://detailsnreviews.com/crypto-exchange-okcoin-launches-a-free-trading-nft-marketplace/ , do you think it is good to start with 120$?

You can do the benchmarking(Like comparison analysis) between different centralized or decentralized exchanges. Then you can find the best platform with lower gas fee by your self. I can not say which one is best. Because it changes time to time.
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September 03, 2022, 09:04:36 PM
 #68

Well as a newbie who is just into cryptocurrency you are advice to start with binance, binance is more straight forward and less confusing for a starter. And again u don't have to worry about the gas fee because you can even top up using credit card, maybe after mastering binance you can use more complex platform like trezor and so on.
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