Post
Topic
Board Trading Discussion
Re: How do I trade bitcoin?
by
Fivestar4everMVP
on 10/06/2023, 14:59:19 UTC
Friends, I have download different apps from forex trading and I use most of them trying to trades bitcoin but it seem too difficult and failing, forex indications and signals are not a match when compare to bitcoin so every buys or sells I end up close the market with red lines of loss. I want to know if there is a bitcoin trading apps, that's mainly for trading bitcoin? Like the blockchain but I need local apps or website links. Please assist with good response.
I think I've once also tried trading bitcoin in a Forex app, as I saw that the broker listed bitcoin and Ethereum on their platform as well, but like you experienced, it's almost the same for me as well, that is when I realized that crypto trading is a bit different from Forex trading.

The best way to trade bitcoin as a day trader is to make use of the centralized exchanges like binance, coinbase, kucoin and the likes, depending on the country you live in, check with all the top exchanges, from 1 to 5 according to coin market cap ranking, which of this exchanges operates legally in your jurisdiction/country of residence, so when you find one, you can download their app from the app store, sign up and account and pass kyc verification, this will enable you to also have access to the futures market, which Is the market where professional traders trade bitcoin and other listed crypto assets.