Hello to all users.
I am new to crypto trading, but I want to discover this new world, and therefore it is very important for me to consult with experienced people.
Tell me please which platforms would you recommend to me? Those that would be easy to use.
What is important in your opinion when choosing a platform for yourself? What is worth paying attention to?
For choosing a suitable exchange to trade, I apply the following criteria. Any exchange that meets majority if not all of it becomes the one I'd trade with until proven otherwise.
1. Security of user funds: Being in the crypto space means we're no stranger to hacks and data breaches. I think we usually have a major hack every passing year. That said, I would only want to trade on an exchange when I'm sure that my funds are safe. We've established the fact that no exchange is free from hacks/attacks but we cannot deny the fact that some are safer than others. That's my pick.
2. Ease of Access & platform features – nothing much to say here other than the fact that I like feature rich exchanges. Some exchange has some really cool features if you know what I mean 😉
3. Liquidity & volume : I'm sure you wouldn't want an exchange without tight spreads and long delays before your orders go through? Liquidity is one thing I look out for before trading in an exchange. For the records, high volumes are usually accompanied by movements in price. I like to he there to catch those moves 🔥
These are the 3 main things I look at for. Others include the quality of their listed coins/tokens including the trading pairs available. On that note, I use and recommend Binance exchange. It's one of the best exchanges currently available today. You can also checkout Okex, Kucoin (questionable) or even Bittrex (the market leader in 2016/2017).