Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: SkrillMan on March 27, 2019, 09:45:04 AM
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I'm a beginner of Bitcoin trading, looking for some advice in choosing trading platform.
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I got the information from Bitwise that there are only 10 exchanges from 81 exchanges as the samples of their research can be trusted.
Those exchanges are Binance, Bitfinex, Kraken, Bitstamp, Coinbase, bitFlayer, Gemini, itBit, Bittrex, and Poloniex. I recommend those exchanges for you.
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Binance and coinbase are good options for you to trade the spot. If you want to trade futures contract, I recommend Bexplus .
Bexplus also provides consultant services helping make profits on 100x leverage trading.
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While holding, you can get basic knowledge about blockchain, cryptocurrencies, and trading. It's even better to learn that stuff right from the start to avoid some failures and large losses. So, cover as much information on the Web as you can grasp. Read crypto-related articles, guides, watch videos on YouTube, and follow crypto enthusiasts or seasoned traders. Finally, you can always ask questions at forums like Bitcointalk, Reddit or this one. Quora is also a good platform for sharing knowledge as you can find similar topics there ( https://www.quora.com/How-do-I-start-to-trade-crypto ).
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I am still skeptical to this cryptocurrency, unless it is endorsed by Government.
Money, Currency And Monetary system should be governed by authority which is "Government" should be the authority, manage, monitor and control them.
If you let the people out there around the world managed Money, Currency and Monetary System, They actually CANNOT control or monitor them, they just speculate to make them PROFIT , in the long term it will become uncontrollable, unmanageable and at the end they will collapsed.
even if you let them, only the most wealthier people in the world can conquer cryptocurrency because the cryptocurrency framework only work for wealthier which is who are afford to spend huge money for the most sophisticated, fastest, powerful machine to run. REMEMBER, in the cryptocurrency framework, ONLY the most powerful and fastest machine will WIN . You can not beat them. So at the end, it goes to the same people who is controlling the money, currency, and monetary system.
You only trust your friends around you and your family, you do not trust whosoever outside the world. Did you really trust people in Europe, middle East, Africa, Latin, Asian? are you really trust them all? Come on guys they are a lot of malicious, do not trust them....
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I’m currently using Binance and it provide a good support as well as security for all of my assets there, until I find a better exchange, I will keep continue to use it
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The best cryptocurrency exchange for beginners is binance .
I suggested binance because of it's smooth interface and the speed with which it's support staff respond to complaint etc.
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There's a good cryptocurrency blog that might be helpful to newbies like you. Probably, you've already heard about Cryptohoo cryptohoo.com/ - it's quite popular among traders and investors. I consult it every time I need precise information on crypto trends and strategies. There are also reviews of popular exchanges and guides on how to buy certain cryptocurrencies.
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If we talk about cryptocurrency exchanges (not only for beginners but in general), it should be trusted and apply strong security measures. Still, no matter how safe the exchange is, never use it as a wallet for your crypto assets, especially for large amounts. If you have a hardware wallet — transfer your coins and keep them there.
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Agree, account security is of great importance but we should not forget about other features like a wide selection of alts, low fees, and available payment methods ( https://www.quora.com/What-are-some-good-features-on-cryptocurrency-exchange-1 ).
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World's biggest prospects trade to make a fates contract for Bitcoin
Terry Duffy, leader of the Chicago Mercantile Exchange (CME) said "I think at some point in the second week in December you'll see our [bitcoin futures] contract out for posting. Today you can't short bitcoin, so there's solitary one way it can go. You either get it or pitch it to another person. So you make a two-sided showcase, I believe it's in every case considerably more productive." Make Your Future Bright WIth Crypto Bitcoins Guide[/ cryptobitcoinsguide.com/ ]
CME expects to dispatch Bitcoin fates before the year's over pending administrative audit. In the event that fruitful, this will give speculators a reasonable approach "long" or "short" on Bitcoin. A few dealers of Exchange-Traded Funds have additionally petitioned for bitcoin ETF's that track bitcoin prospects.
These improvements can possibly enable individuals to put resources into the cryptographic money space without owning CC's through and through, or utilizing the administrations of a CC trade. Bitcoin fates could make the advanced resource progressively valuable by enabling clients and delegates to support their outside trade dangers. That could build the cryptographic money's appropriation by vendors who need to acknowledge bitcoin installments yet are careful about its unstable esteem. Institutional financial specialists are likewise used to exchanging managed prospects, which aren't tormented by illegal tax avoidance stresses. Make Your Future Bright WIth Crypto Bitcoins Guide[/ cryptobitcoinsguide.com/ ]
CME's turn additionally recommends that bitcoin has turned out to be too enormous to overlook, since the trade appeared to discount crypto prospects in the ongoing past. Bitcoin is just pretty much all anybody is discussing at businesses and exchanging firms, which have endured in the midst of rising however surprisingly peaceful markets. On the off chance that prospects at a trade took off, it would be almost outlandish for some other trade, as CME, to make up for lost time, since scale and liquidity is vital in subordinates markets.
"You can't overlook the way this is ending up increasingly more of a story that won't leave," said Duffy in a meeting with CNBC. There are "standard organizations" that need access to bitcoin and there's "immense repressed interest" from customers, he said. Duffy additionally figures carrying institutional merchants into the market could make bitcoin less unpredictable.
Japanese town to utilize cryptographic money to raise capital for civil renewal
The Japanese town of Nishiawakura is looking into holding an Initial Coin Offering (ICO) to raise capital for civil renewal. This is an extremely novel methodology, and they may request national government support or look for private speculation. A few ICO's have had difficult issues, and numerous speculators are incredulous that any new token will have esteem, particularly if the ICO ends up being an another joke or trick. Bitcoin unquestionably was serious stuff.
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Binance, Coinbase, and Bittrex have a great reputation. They're ideal if you want/need a great range of assets for basic buy low sell high strategies.