How to choose a trading platform

[GanBin 705]

20 hours ago, Jandancoin said:

Without proper research, someone can even fall for scam exchange, we must research to the extent we make use of the right url not scam ones because their are some exchanges that are mimicked by scammers, even the called binance can be mimicked. 

Proper research about exchange to use is very important, but there are recommended exchange sites like yobit and binance. Exchanges can be mimicked, that is why we need to check the domain of the exchange we want to use and also making sure it has a strong security.

[cancihan79 11]

 

I think a trading form should be well researched and studied. You should listen before trying that Trade form.

[Jandancoin 482]

23 hours ago, Sumaiya2020 said:

For a new trading expart or new trade interested people,  I will suggest you all to make your first trade with Dcoin exchange.

I have never heard of Dcoin before, this kind of coin will never be in the first 100 lists according to marketcap, trading on such coin will only result to loss especially if the coin is dumped. I will advice beginners to first strongly go for bitcoin before choosing any other coin. And it will be good if the trader uses technical analysis to analyse the coins before starting, even before choosing bitcoin, he has to analyse. 

[Malikjnb 1235]

I should choose a good platform for trading. I choose this platform who give me good adventage. Who there are easy to use and advanced trading platform. I think yobit is the best exchange for trading because it's transaction fee is very low.

[cryptolover45 1187]

If anyone want to select right trading platform than we have to look two thing one is trading volume and others thing fee of the exchange. So before join any exchange we must see that thing in the exchange. Their are many exchange in the internet but not all are safe, so we have to choose right exchange for trading.

[BraveHeart01 1569]

I think you should  not chosevant plateform with kyc verification just do google  about different exchanges and chose between  them carefully. 

[jahanhabiba29933 377]

In order to choose a trading platform, you must first know the trading platform you want to trade on.  And for this you can take the help of Google or YouTube.  Moreover, you can choose the trading platform by looking at the rating points of that trading platform.

[Maya20 1048]

Choosing the right platform for trading is very important, but, in fact, choosing a trading platform is not an easy matter, you have to choose an easy-to-use and safer platform.

[Razan alikac 1899]

You must consider choosing the exchange you intend to trade on, including security, liquidity, fees, and user experience.  To choose the best cryptocurrency exchange platform that suits your needs, you have to evaluate several factors that meet your basic requirements
 That support the currencies or trading pairs you want,

[Mohammad Imran 86]

Thanks for such valuable information, you made a lot of things clear as I was still confused. In the content of your sense, Yobit has all the features that u mentioned. It has a very good reputation all over the world and a large number of users. Trust me Yobit is a great platform

[ibrahim halil anaç 138]

First you need to look at the daily trading volume of the trading platform you choose, the bigger the platform's daily trading volume, the better. You should look at the comments on the economy sites, which trading platform is more recommended. If you have friends who have gained experience in this business, it would be a good way to consult them.

[Aqib Saleem 272]

I think in order to find any investment platform i need to have some features like how much is its storage capacity. Somewhere this scheme is not. 

[GanBin 705]

45 minutes ago, John Pernia said:

1. Reliability
2. Volume
3. Commissions
4.  Security
5. Assets

Reliability, security and volume are the main things to be considered before choosing a wallet. I do not get to understand the asset and commissions you included, the trading volume is just a reflection of the asset I think. Commissions is nothing to me, there could be a great tasks ahead before the commission of a thing. 

[Anshamaraam 327]

Choosing a trading platform is not the only way ,but to learn trading and knowing about cryptocurrency prices is the main thing. We always choose hogh volume exchanges for trading.

Thanks 

[yara_kle 10]

Good trading platform is by asking around online, asking question about the trading platform support service how good it is. 

[Abbas2.0 812]

Most trading platforms are giving free trading bonuses which can be used for checking your trading strategies and also to check the trading platform whether it is good for you or not

[ABIR21 426]

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.

Platform selection is the primary steps for trading. Trading success rate almost full dependa on platform selection. We should low fee and high secure trading platform.  I am using yobit for my daily need. 

[Ab.kalyar 527]

One of the best plateform is the yobit site which gives us lot of oppertunities to earning and expands our selling and buying ways on it.

[habib ur Rehman 207]

I think you should choose a platform that is suitable for are where are you comfortable with, there are a lot of trading platform , and each of them have unique and different traits there are easy to use and advanced trading platform , so its better for you...

[Shbz1144 98]

If you are interested in trading then you must be read the biscs rules and information about the trading platform because have knowledge how to invest money and how to make a withdraw and withdraw fee.All these things are must be known then you will successful. 

[Flash009 345]

I think you should check the liquidity of that platform first because with less liquidity you can’t do business as well as business. And read the terms of the exchange for something you forgot because some exchanges have a secret agenda nd and also check if your country is banned. 

[Ezabell 457]

The best platform to me is yobit. They give pretty good exchange rate, and the procedure is also pretty quick and easy.Its an very important thing to choose the correct platform for trading which will protect and save your wallet and coins so,yobit is good and save platform.

[vikki18 2]

Hi thanks to bring such a interesting topic, because nowadays a lot of people get scammed by some brokers, so i suggest to view the different choice of funding and withdrawing and also see other technical stuff

[Smallingcane012 344]

It is better to choose platform for trade because of benefits and uses that involves in it so it is better for us to choose it.

[Rs Rimon 45]

I think the important things to make us comfortable on some trading platform was the time response on each order and also taker and maker fee that reasonable. I think you should choose a platform that is suitable for you or Where are you completable with,there are a lot of trading platform.