Post
Topic
Board Trading Discussion
Re: What factors do you consider when opening a trade position?
by
ndutndut
on 08/11/2024, 17:22:06 UTC
Which do you prefer?
I personally prefer Binance over the others because I have been using it for a long time and I have never faced a single issue with that exchange throughout many years of using it for trading. I also have accounts at all major exchanges but I use those very rarely as compared to Binance. However, if you like another exchange that offers you low trading fees then you can go for it but for me Binance works pretty well and I'll stick to it.
I'm just like you. When I first entered the crypto world, I immediately used Binance because I first researched good and safe exchangers, then learned about crypto and the features available on Binance, initially starting from spot, staking, joining the launchpad, NFT, mining, and up to Future. There are also other exchanges, it's just that I prefer Binance in many ways.

At first, I was often confused by its appearance, but over time I got used to it so that I learned technical, fundamental, risk management, and others. Finally, I can be comfortable with the Binance exchange. In essence, choosing an exchange is not really a matter of cheap fees or anything else, the most important thing is about our comfort in transacting and of course security. Although there is no safe exchange, we can see exchanges that are trusted by many people.