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chirinemannai

How to choose a trading platform

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One of the best platforms for investing in crypto currency platforms is the best to gain a lot of knowledge here.  Skills are gained by working on it.  This is a good site thanks.  So I will sell this platform tie.

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Good post,it is very useful sharing information in this forum because there are many things but trading selection is very important first thing fee less , commission less that is good site of trading,and more important need experience and knowledge.

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I think that you should choice the best platform. Not should use only the recommend platform. You should also Estimate that witch one has great features for you.

In my opinion yobit and Binance are the best,they have the good reviews from user's.

Also great security system,and withdraw money.

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If you are a beginner then you must choose a coin platform that has a law price. Leave it when a reputation is bad, but the most important thing for you is that you will get experience. How is that trade volume if you are a big player, check to sea if many people have had problem with the platfrom and ask on the deposit and withdraw how good it is, asking these question will keep you from bad exchange. 

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If you are looking for tips to select platform 

Firstly see the features

Then see that this is suitable for you 

Search deeply to avoid risks and losses in future

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You have shared some really useful information for beginners. Thanks for this. I am especially stuck with authentication. I prefer exchanges that do not want Kyc. Because I want to trade anonymously.

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On 1/1/2020 at 5:42 PM, Crypto123 said:

Personally, I am looking for trading platforms that accept all countries of the world and do not prohibit some countries because I have been exposed to this problem in many exchanges where I register and after a period of time they tell me that I am from a prohibited country so the first option when searching for a platform is to accept all countries of the world and this reason is what It makes me the best Yobit for every exchanges.

Personally, I can advise you on Yobit, I think that the offers there are better than others. Yobit allows me to quickly buy and sell, and there are good bonuses. Try it, you will love it! In general, the needs of people are different, so you should study it well, and then to push off, is it suitable for you or not.

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A really good topic, these matters are very important when registering on any platform, especially for those who reside in prohibited countries, they must make sure if the exchange is prohibited by their country or imposed on them by KYC, there is a very important thing that has not been mentioned and must be confirmed, which is the liquidity and the volume of daily exchange in the platform .


 

 

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It depends on, which trading platform type of trading you want, if you want overall where you can see all types of trading like spot, future, p2p, option and the likes, then go for binance. 

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On 1/5/2021 at 9:48 AM, Shemalia said:

Personally, I can advise you on Yobit, I think that the offers there are better than others. Yobit allows me to quickly buy and sell, and there are good bonuses. Try it, you will love it! In general, the needs of people are different, so you should study it well, and then to push off, is it suitable for you or not.

Yobit is one of the best for spot trading, but it has no margin trading, or is yobit having margin trading now? I think they have to attain certain trading volume before they will start margin trading, but for spot trading, yobit is good. 

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This is a very impressive tips you brought up here and it allows every beginner to understand the basic of trading in any platform he want to use. In addition i will recommend yobit platform because is the best I have seen with a well secured strategy and the transaction fees is very low compare to others.

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On 10/20/2019 at 11:29 PM, chirinemannai said:

It is important to do some research before starting trading. Here are some things to check before making your first trade.

Reputation - The best way to know the reputation of the trading platform is to search through reviews of individual users and sites from the same well-known domain. You can ask any questions you may have in the forums
Fees - Most trading platforms must have fee-related information on their websites. Before you join, make sure you understand the deposit, transaction and withdrawal fees. Fees may vary greatly depending on the platform you are using.


Payment Methods - What are the payment or shipping methods available on the platform? Coins and Bitcoin only? Credit and debit card? Bank ext? PayPal? If there are limited payment options on the exchange, it may not be right for you to use them especially if you want to buy bitcoin for the first time.

Remember that buying cryptocurrencies using a credit card will always require identity verification and comes at an additional price as there is a higher risk of fraud and higher transaction and processing fees. Buying cryptocurrency via wire transfer will take much longer since banks take too long.


Verification Requirements - The vast majority of Bitcoin trading platforms in the world require some kind of identity verification in order to make deposits and withdrawals or increase the withdrawal limit. Some platforms will allow you to stay anonymous. Although verification, which may take up to a few days, may seem like a pain to the user, it protects the exchange from all kinds of fraud and money laundering.
Geographic restrictions - Some functions offered to users can only be accessed from some countries. Make sure that the platform you want to join allows full access to all the tools and functions of the platform in the country where you currently live.For our explanation, we have chosen for you the digital currency trading platforms that support the countries: UAE, Saudi Arabia, Kuwait, Qatar, Oman, Egypt, Algeria, Tunisia, Morocco. While some Arab countries remain excluded from dealing in these platforms and the solution remains the centralized cryptocurrency trading platforms that support all over the world.


Exchange Rate - Different platforms have different rates. You will be amazed at how much you can save if you buy. It is not uncommon for prices to fluctuate by up to 10% and even more so in some cases.

Thank you so much for giving these tips for choosing the trustworthy trading platform because I am a beginner in the crypto world so I need more knowledge about the crypto currency and crypto trading so this post is very helpful and useful for me to increase my knowledge about the trade. Trading platform is very important to be successful in the trade. 

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I think you can get a chance to get money from many profit and forex trading is the best earning money for the first time lunches the best profit. Many people are going to be trader and earning money 

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The best platform is always one which provides you the best experience and helps you in everything you wanna do in that platform. Like Cryptotalk, it is the leading forum for earning as well as for learning about cryptocurrencies

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There are different things that affect your income in trading. First of all search about that platform, i means search that it is not a scam. Next check what kinds of work to they offer for trading. If forum is required personal information, then leave it. There is maximum chance of scam. Prefer those digital currencies that are using in your country. Last thing is that avoid from middle man.

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I think you choose a good platform for investing money and trading that have good security level and easy to use .I suggest you to use Yobit .this is very well and easy way to exchange your cryptocruncie .

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I choose the investment site based on the services and functionality it offers. Where the site withdrawal fees must be low and supports a lot of withdrawal methods and currencies, and most importantly, the site is secure and these features are on the yobit platform and I use them and I do not see any issues in that.

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Truly one of the mistakes some newbies make before opting in for a particular platform is that they don't seek first class information and knowledge of the platform before venturing into it

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My friend, your article is definitely wonderful and it will help a lot in providing advice to everyone, but you have to explain in an easier way than this because there are many beginners who want to learn from scratch

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In my opinion you should check the liquidity of the platform first because with low liquidity, you cannot trade well. And one thing that a lot of you forget is reading the exchange's terms as some brokers have hidden agendas in them.

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Hello friend, I hope you will be fine. I'm glad that you have asked a good question yes, you need to do some research before choosing a trading platform to make sure you get the safest and we have to ask the expert members about it what it is likeand how it can be helpful for us because you have to know what you want to do so that you don't get hurt in the future. Thanks

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Thanks for your information friend. Trading is very sensitive for all crypto currency user. So we should always choose a best trading platform for trade. But sometimes many new members can't choose the right place. So they get into trouble and go wrong platform.

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To make such a choice, my friend advised you to conduct a lot of studies and do a lot of questionnaires, because it is a decision that must be based on a lot of the consensus opinions and reviews from the users of such technologies.

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Thanks for your information friend. Trading is very sensitive for all crypto currency user. So we should always choose a best trading platform for trade. But sometimes many new members can't choose the right place. So they get into trouble and go wrong platform.

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Indeed, my friend, there are many differences between platforms and others, and we must determine what is most beneficial for us and we must work with it. We must follow the price difference in the platforms until we choose the appropriate platform and our benefit is greater and our profit is more. Therefore, we have to resort to the rules of the platform and the fees that it puts in order to remain safe

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