minimum amounts to buy and sell a coin when trading

[david678345]

Hi what are the minimum amounts to buy and sell a coin in the safetrade exchange and in other exchanges? I wanted to start using the safetrade exchange but there is no info on minimum amounts...just wanted to deposit the minimum amount to start testing the exchange

[BitMaxz]

SafeTrade exchange? I never heard this exchange before?

About other exchanges like Binance they have a list of coins with minimum limits that you can trade check the link below for Bitcoin they have a 1k sat minimum that you can trade and 0.0001 for ETH.

- https://www.binance.com/en/trade-rule

[bayu7adi]

The minimum deposit for USDT is $7, and there's no minimum deposit for BTC. You can actually check this yourself because you don't need to go through KYC for registration to check the minimum deposit. You only need to activate 2fa and provide your email. you know that you can use an alt email, and you can also download an authenticator app as a Google Chrome extension for simple step..

As for other coins, I don't want to check them. I hope you can deposit BTC, which is confirmed to go through with no minimum amount. However, for now, BTC fees are high, so I hope you can understand and wait for a while until the fees come down if you're not in a hurry.

Here are some screenshots I captured on the deposit page on safe.trade




cautious: this exchange isn't widely known and doesn't have a strong reputation among users. dwyor

[mk4]

Not the answer you're looking for but quite note that if you're going to use a centralized exchange, just use the big ones. You're taking too much unnecessary risk when you're using the small unknown ones (unless it's a local exchange).

[BlackBoss_]

Hi what are the minimum amounts to buy and sell a coin in the safetrade exchange and in other exchanges? I wanted to start using the safetrade exchange but there is no info on minimum amounts...just wanted to deposit the minimum amount to start testing the exchange

I don't know about Safetrade exchange.

When you want to trade cryptocurrency on an exchange, you have to consider their trading fee (Taker, Maker Trading fee), withdrawal fee too. Because you will need to withdraw your money after trading, even with loss you will always need withdrawal.

Some exchanges charge high withdrawal fee that is harmful for your capital, if it is small, it causes more loss on your capital from withdrawal fee.

https://www.cryptowisser.com/exchanges/

Cryptowisser.com has its table for information like this.

[Tytanowy Janusz]

Hi what are the minimum amounts to buy and sell a coin in the safetrade exchange and in other exchanges? I wanted to start using the safetrade exchange but there is no info on minimum amounts...just wanted to deposit the minimum amount to start testing the exchange

Give up on safetrade. there is no point in using such small exchanges, because low liquidity and high spreads will eat up most of your profits if you will be able to withdraw the funds at all. As for minimum transactions, on Binance it is $5.

[Sim_card]

I don't think that I have heard of this exchange that you mentioned and who knows if they are not out there to frustrate whoever will be making use of their exchange with high fee. In trading what you consider before choosing an exchange that you want to use to trade is the reputation and for how long had it be existing and also this size of the exchange. Binance is the biggest exchange and they also have low fee which will not be a problem for traders to use in their trading activities. All you need to do is to register but before that make sure that you have read their ToS and understand it to see if you are cool with them. Don't leave your coins in an exchange because they are like a market place and you can loss your coins at anytime.

[bettercrypto]

The minimum deposit for USDT is $7, and there's no minimum deposit for BTC. You can actually check this yourself because you don't need to go through KYC for registration to check the minimum deposit. You only need to activate 2fa and provide your email. you know that you can use an alt email, and you can also download an authenticator app as a Google Chrome extension for simple step..

As for other coins, I don't want to check them. I hope you can deposit BTC, which is confirmed to go through with no minimum amount. However, for now, BTC fees are high, so I hope you can understand and wait for a while until the fees come down if you're not in a hurry.

Here are some screenshots I captured on the deposit page on safe.trade




cautious: this exchange isn't widely known and doesn't have a strong reputation among users. dwyor

If that's the case, I'm already at the exchange that tried the cryptocurrency business instead of what you're saying. If those other exchanges are known to have a risk, that may not be known yet, so anyone who uses them will only be in a worse position.

That should not have been shared here, friend. There are many legitimate exchange platforms that we can see that are top-listed on CoinmarketCap, Coinecko, and Crypto.com; just shop there from the ones I mentioned.

[knowngunman]

Hi what are the minimum amounts to buy and sell a coin in the safetrade exchange and in other exchanges? I wanted to start using the safetrade exchange but there is no info on minimum amounts...just wanted to deposit the minimum amount to start testing the exchange

And do you think you are about to do the right thing? Why do you want to test something you have no idea about? If you don't have time to read through their terms and conditions, why not go for reputable ones? The minimum deposit, withdraw and fees are always visible when you click on deposit and select the coin you want to deposit. I know dealing with exchange is a risk on it own but taking a calculated risk is advisable. Although, I'm not saying the exchange is bad but I must admit that this is my first time hearing about it and from the majority of comment above me, the exchange looks strange. It's not hard to register on reputable exchanges, so I will advice you to look for one and register.

[Hyphen(-)]

Hi what are the minimum amounts to buy and sell a coin in the safetrade exchange and in other exchanges? I wanted to start using the safetrade exchange but there is no info on minimum amounts...just wanted to deposit the minimum amount to start testing the exchange

This exchange is not popular because, as you can see, many reputable forum members who know many centralized exchanges said they haven't heard about it before, so are you sure you are safe with that exchange?

There are reputable exchanges that do not even require KYC before you can buy your Bitcoin with them here, and if you want a reputable and popular exchange, you can use Binance exchange to buy your Bitcoin.

Note: Only buy Bitcoin on the exchanges, but don't leave them in there. Create an open-source wallet like Electrum and move your Bitcoin there. Make sure you keep your private key safe.

[DVlog]

You can use DEX which has no limits. For testing purpose you can try to exchange amounts lower than the gas fees to see if it works or not. For any centralized exchange it's minimum 10$ I think. They will charge some trading fees too though they're very small for a 10-dollar trade. Using a dex doesn't require trading fees you only pay for the approval and transaction fees.

[leonair]

Hi what are the minimum amounts to buy and sell a coin in the safetrade exchange and in other exchanges? I wanted to start using the safetrade exchange but there is no info on minimum amounts...just wanted to deposit the minimum amount to start testing the exchange

One of the exchanges will give you different benefits like Binance where you can make a minimum trade of $10.  But on some other exchanges you can trade for less than that. It depends on the rules of the exchanger. But if you want to start trading you should start with minimum $100. Because if you trade with such amount you will not be able to profit much from trading.  But if you are completely new to trading then you can start with $10 to understand trading.

[Nrcewker]

Hi what are the minimum amounts to buy and sell a coin in the safetrade exchange and in other exchanges? I wanted to start using the safetrade exchange but there is no info on minimum amounts...just wanted to deposit the minimum amount to start testing the exchange

I have never heard of this exchange mate. If this is just another lame way to promote the exchange by the owners, then believe me it won’t work. Else if you legitimately wants to know the information, then let me suggest you to trade at more trusted exchange. You can try trading at Binance and Kucoin. Both are present in the market for many years. So here you can trade safely. Now regarding the minimum amounts, then it completely depends on the coin which you are buying or selling. Don’t worry these exchanges FAQ sections have all the informations that you want.

[Dr.Bitcoin_Strange]

OP, I have not used the Safetrade exchange, but for some popular exchanges that I have used so far, like Binance, the minimum deposit or trade order is $10; if you go lower, it can't work, and I will advise that you trade on exchanges that are much more popular. Also, if you are trading, the amount of your asset will determine your level of profit. If your asset is very small, you might not really archive a huge profit, but it is just small, and while risking your asset, it should at least be on a good CEX that has at least gained a better reputation.

[tjtonmoy]

I have never heard of this exchange platform so I can't give you much information about it. Seems like you were just starting your journey. So I would suggest using those platform that are on the top. Centralized platform are not the best way to go but when you are needed to use it, it is the best choice to choose the ones that are reputable.

I personally use Binance and Kucoin exchange platform. The minimum you can trade on their platform is from $10 and above. If it's less than $10 then you can't make any order and complete any thread. There are no minimum deposit amount though it is wise to check first what's the minimum requirement for withdrawal. As it is different from coins to coins, I can't really give you detail information about everything. You need to try it on your own.

In Binance, there's an option to convert some coins to stable coins or to Bitcoin. It has many options which you can choose from, and the amount has no minimum requirement. You can find it in wallet > future > convert.

So deposit what you can withdraw later on and also deposit some extra too. So that when you make a loss in trade you will be able to withdraw if you don't feel like keeping your asset there.

[electronicash]

safetrade does have a discord https://discord.gg/4szJzdR  you wanna ask them there too.
you would [refer to have at least good amount to make profit. trading in the bull season is a perfect way to learn the market while its advantageous. if you are to trade in binance you can deposit with just any amount you want to trade.

I have never heard of this exchange platform so I can't give you much information about it. Seems like you were just starting your journey. So I would suggest using those platform that are on the top. Centralized platform are not the best way to go but when you are needed to use it, it is the best choice to choose the ones that are reputable.

I personally use Binance and Kucoin exchange platform. The minimum you can trade on their platform is from $10 and above. If it's less than $10 then you can't make any order and complete any thread. There are no minimum deposit amount though it is wise to check first what's the minimum requirement for withdrawal. As it is different from coins to coins, I can't really give you detail information about everything. You need to try it on your own.

In Binance, there's an option to convert some coins to stable coins or to Bitcoin. It has many options which you can choose from, and the amount has no minimum requirement. You can find it in wallet > future > convert.

So deposit what you can withdraw later on and also deposit some extra too. So that when you make a loss in trade you will be able to withdraw if you don't feel like keeping your asset there.

as little as $10 i guess its possible for him to train himself to trade on spot. with how the market swings today its too high a minute ago it was already $38k then suddenly down to $36k. it will be a big profit if you deposit bigger.

[goaldigger]

Hi what are the minimum amounts to buy and sell a coin in the safetrade exchange and in other exchanges? I wanted to start using the safetrade exchange but there is no info on minimum amounts...just wanted to deposit the minimum amount to start testing the exchange

There’s a saying that you should trade for at least $170 for you to minimize paying fees but of course you can trade even at a small amount. Anyway, why choose that exchange where you can have the option of choosing the best exchange and the top exchange? If this is centralized you can be more safe if you are going to deal with the top sites.

[cryptoaddictchie]

Hi what are the minimum amounts to buy and sell a coin in the safetrade exchange and in other exchanges? I wanted to start using the safetrade exchange but there is no info on minimum amounts...just wanted to deposit the minimum amount to start testing the exchange

Not quitr sure but if you are using dex it depends on the network you are using. If eth network then at least $50 budget including fees to make surr you are good to go but $10 to $20 on other L1 is quite okay. But for cex I think $5 to $10 minimum trading. Ive usef mexc one time and it didnt allow me to set trade cause its less than $5. Something than range mate.

[livingfree]

Hi what are the minimum amounts to buy and sell a coin in the safetrade exchange and in other exchanges? I wanted to start using the safetrade exchange but there is no info on minimum amounts...just wanted to deposit the minimum amount to start testing the exchange

Just hover through their FAQ or info related to the minimum and maximum amount per trade that they allow.

That's how you use an exchange and you become researchful before using them. Usually, it's on their exchange also when you try to read it. For example, in Binance they have announcement like this if they have adjusted the rates.

Updates on Minimum Order Size for Spot and Margin Trading Pairs (2023-08-31)

[Johnyz]

Hi what are the minimum amounts to buy and sell a coin in the safetrade exchange and in other exchanges? I wanted to start using the safetrade exchange but there is no info on minimum amounts...just wanted to deposit the minimum amount to start testing the exchange

Every exchanges have their own terms and conditions, now if you want to test the exchange make sure to read their terms as well so you can know their policies and the things that you’ll do before trading. It’s good to deposit the minimum first before going all out by this you are spending time to at least be familiarize about the site and experience their platform without sacrificing a lot of money, if there’s a chance for you to choose the top sites much better.