Thanks I am on the right track .. need 2 study more, do u think wait after the November fork n c what happensphisherman wrote: ↑Oct 8th, 2017 8:36 pmYou're correct except you don't buy ICOs through exchanges. And Binance is registered in Hong Kong so it's not affected by the China ban.
- Last Updated:
- Apr 24th, 2018 8:55 pm
Tags:
- SCORE+2
- sdanny
- Newbie
- Oct 31, 2012
- 74 posts
- 8 upvotes
- Toronto
- Ticco
- Deal Addict
- Jun 21, 2008
- 2312 posts
- 222 upvotes
- Toronto
Yea - sign up for both, maybe Kraken too if you are going to wire money anyway. I don't have the reference chart on me but I did see a top 20 listing of exchanges by volume and QuadrigaCX ain't on there loll. GDAX (coin base's exchange) and Kraken are. Bitfinex and Bittrex are 1 and 2 worldwide in volume.sdanny wrote: ↑Oct 8th, 2017 3:34 pmSo after reading most of this forum the best way 2 get started with buying crypto is first sign up for coinbase or quadriga then transfer 2 either binance or bittrex. Did I get that right ? Any other suggestions ?
Also is it wise 2 wait till after the fork to start investing ?
I prefer coinbase because it's relatively simple and quick to buy using your credit card - but you gotta deal with a $250 weekly limit (if you complete their full verification steps, otherwise it's $100) and after a few times of purchases you can upgrade to $1000/week.
It's a hassle for me to wire money so I chose QuadrigaCX because they have that Interact-Transfer option that's really fast (24 hours or less).
- blexann
- Deal Fanatic
- Mar 10, 2005
- 5113 posts
- 587 upvotes
Speaking about Quadriga only yes you would transfer only if you want to buy something other than BTC, BCC, ETH and LTC. I'm not familiar with Binance but I regularly use Bittrex and Bitfinex for alt coins - both those are tried and tested.sdanny wrote: ↑Oct 8th, 2017 3:34 pmSo after reading most of this forum the best way 2 get started with buying crypto is first sign up for coinbase or quadriga then transfer 2 either binance or bittrex. Did I get that right ? Any other suggestions ?
Also is it wise 2 wait till after the fork to start investing ?
.
ask me about my Crypto Currency Whatsapp group
"Talent gets you in the door. Character keeps you in the room."
ask me about my Crypto Currency Whatsapp group
"Talent gets you in the door. Character keeps you in the room."
- Ticco
- Deal Addict
- Jun 21, 2008
- 2312 posts
- 222 upvotes
- Toronto
Thoughts on Bitfinex? If I'm already on Bittrex is there any reason to get on Bitfinex too?
- blexann
- Deal Fanatic
- Mar 10, 2005
- 5113 posts
- 587 upvotes
I needed to buy IOTA, Bitfinex is pretty good once you get used to the interface as its a little hard to navigate. It does have the best security features out of all the exchanges that I have used so far
.
ask me about my Crypto Currency Whatsapp group
"Talent gets you in the door. Character keeps you in the room."
ask me about my Crypto Currency Whatsapp group
"Talent gets you in the door. Character keeps you in the room."
- Syne
- Deal Guru
-
- Dec 7, 2009
- 13602 posts
- 1245 upvotes
Binance is also a great exchange
In a perfect system, corporations would fear the government and the government would fear the people. - David Wong
Check out caRpetbomBer's picks in this thread.
Check out caRpetbomBer's picks in this thread.
- TheRock2012
- Penalty Box
-
- Apr 20, 2011
- 1621 posts
- 165 upvotes
Never heard of Binance since around 2 weeks ago.
What kind of verification do you need to put in place so to start trading and what are the limits?
As Bitrex doesnt require you to have any put in place if you are just doing $200 or so in trading.
Also would you happen to know about my question in regards to winning in crypto on a gambling site? It is on the last page about 9 posts back.
Thanks.
- boceya
- Newbie
- Sep 24, 2017
- 35 posts
- 3 upvotes
Binance has fast become a popular exchange people trading with. But i like Bitrex and Poloneix unless there are coins not trading there where ill open an account on a new exchange
Btw you guys are going to find this interesting, i'll leave it here https://assets.coingecko.com/reports/Q3 ... nGecko.pdf
Btw you guys are going to find this interesting, i'll leave it here https://assets.coingecko.com/reports/Q3 ... nGecko.pdf
- Ticco
- Deal Addict
- Jun 21, 2008
- 2312 posts
- 222 upvotes
- Toronto
Well I think the point of binance is their fees and good volume on China coins and the opportunity for arbitrage, something I wouldn’t advise for beginners lollboceya wrote: ↑Oct 9th, 2017 12:51 pmBinance has fast become a popular exchange people trading with. But i like Bitrex and Poloneix unless there are coins not trading there where ill open an account on a new exchange
Btw you guys are going to find this interesting, i'll leave it here https://assets.coingecko.com/reports/Q3 ... nGecko.pdf
I think binance also gives you your gas for holding neo whereas bittrex does not if you hold neo in their wallet loll
I’m a real big fan of bittrex due to their pretty good charting and TA options.
- Ticco
- Deal Addict
- Jun 21, 2008
- 2312 posts
- 222 upvotes
- Toronto
Guys what the hell is happening to Ethereum and Litecoin loll
How far back are they gonna retrace!
How far back are they gonna retrace!
- Jimboski
- Deal Expert
-
- May 8, 2009
- 44330 posts
- 3277 upvotes
- Toronto
Every alt coin is down.
- jcdogg
- Member
- Feb 11, 2007
- 353 posts
- 27 upvotes
- Blockchain
Everyone is buying Bitcoin and selling their altcoins to buy Bitcoin to get free money (Bitcoin Gold and Segwit2x coins that will be forks in the next few weeks.)
- TheRock2012
- Penalty Box
-
- Apr 20, 2011
- 1621 posts
- 165 upvotes
As far as I know bitcoin gold was forked a week ago.
I heard it is all just to cash in - I have a link to the article of what it is all about and how people are just jumping on the bandwagon and not knowing what they are getting into.
Don't believe the hype.
Still looking for an answer to my question there any one who knows in reference to canadian tax laws.
- blexann
- Deal Fanatic
- Mar 10, 2005
- 5113 posts
- 587 upvotes
- Syne
- Deal Guru
-
- Dec 7, 2009
- 13602 posts
- 1245 upvotes
Ethereum is where it was last week. I wouldn't panic. Always look at total market cap at coinmarketcap.com. As long as that number doesn't plunge, coins like Ethereum and Litecoin will be relatively stable.
In a perfect system, corporations would fear the government and the government would fear the people. - David Wong
Check out caRpetbomBer's picks in this thread.
Check out caRpetbomBer's picks in this thread.