If you are new to crypto trading, and looking for a platform to trade, here are some platforms I use.
Share with all of you~~
Criteria:
Options:
1. Binance: Strongly and Most recommended! stable, High Vol, safe, liquidity, commission fee cheap, user friendly (apps & web)
2. Bitfinex: Stable, not many coins available
Here is some Korea Exchanges, selling price relatively higher, recommend to sell them here.
3. Bithumb: High Vol, Not highly secure (ps:security issue happened, consider well if you really want yo use!!)
4. Upbit : Not much volume as Bithumb but no problems so far
*******Additional information************
5. Bittrex - Recommended by FlamingFingers: High Vol, No security issue ever, simple to use
6. Poloniex - Recommended by Reid: Long history, safe, speedy, Lower withdrawal fees(50k)
- Not recommended by elewton: laggy, needs KYC every time
7. Kucoin - Recommended by Miro22 and CodyAlfaridzi: Relatively new and small, but doing well on user experience
8. Bitmex - Recommended by CodyAlfaridzi: provide leverage, margin service, high vol, No need KYC.
FAQ:Why do we need to use several platforms?
Yes all these exchanges are good and one thing I do is to find out features that one has against one another and take advantage of it. Binance and kucoin are the two exchange I trade currently and I am making some profits because of the features in them that are in not in other exchanges. Share with all of you~~
Criteria:
- Volume
- Secure level
- Liquidity
- Commission fee
- Listing coins
Options:
1. Binance: Strongly and Most recommended! stable, High Vol, safe, liquidity, commission fee cheap, user friendly (apps & web)
2. Bitfinex: Stable, not many coins available
Here is some Korea Exchanges, selling price relatively higher, recommend to sell them here.
3. Bithumb: High Vol, Not highly secure (ps:security issue happened, consider well if you really want yo use!!)
4. Upbit : Not much volume as Bithumb but no problems so far
*******Additional information************
5. Bittrex - Recommended by FlamingFingers: High Vol, No security issue ever, simple to use
6. Poloniex - Recommended by Reid: Long history, safe, speedy, Lower withdrawal fees(50k)
- Not recommended by elewton: laggy, needs KYC every time
7. Kucoin - Recommended by Miro22 and CodyAlfaridzi: Relatively new and small, but doing well on user experience
8. Bitmex - Recommended by CodyAlfaridzi: provide leverage, margin service, high vol, No need KYC.
FAQ:Why do we need to use several platforms?
For stable and profitable work in the future, any trader will need several exchanges for several reasons:
1. There are different trading pairs on different exchanges.
2. On some exchanges there is direct input of fiat (sometimes it is very important and convenient).
3. Sometimes all exchanges conduct technical work. Using several exchanges, you will be able to trade even if some of them will conduct technical work.
4. Sometimes exchanges are exposed to hacker attacks. Therefore, you need several exchanges, this will give you the opportunity to always have access to at least part of your deposit.
5. Different exchange rates. Sometimes the exchange rate of a particular currency is very different from the exchange rate on another exchange, so you can profitably sell and buy the currency back.
Thanks EXtremeAEX for information1. There are different trading pairs on different exchanges.
2. On some exchanges there is direct input of fiat (sometimes it is very important and convenient).
3. Sometimes all exchanges conduct technical work. Using several exchanges, you will be able to trade even if some of them will conduct technical work.
4. Sometimes exchanges are exposed to hacker attacks. Therefore, you need several exchanges, this will give you the opportunity to always have access to at least part of your deposit.
5. Different exchange rates. Sometimes the exchange rate of a particular currency is very different from the exchange rate on another exchange, so you can profitably sell and buy the currency back.
Welcome to other suggestion 