Sirwin
Sirwin

E&S Special Edition: Tradingview VS Binance, which is the best for analysis?


Hi Publish0x community and welcome back in my Sunday article dedicated to the “Easy and Short. Cryptocurriencies made accessible” section. 

Today we are in the third article of a special month of this section dedicated to Binance!

5 weeks, 5 amazing articles with a lot of tips and video tutorial dedicated.

Have you missed last article? Don’t worry you can recover it here.

Let’s continue this special edition with a great question: “Which is the best crypto trading analytic platform?”

Binance provides traders with two distinct exchange interfaces:

  • Classic
  • Advanced

The first type is dedicated above all to users with less experience, being characterized by offering a large amount of data: executed order reports, graphs, detailed information on individual assets. The layout does not appear particularly user-friendly, even if once you have become familiar with the software, the purchase of Bitcoin and cryptocurrencies is quite functional.

binance

The "advanced platform" has several similarities to the "classic" one but also offers the classic online trading indicators. It is therefore the ideal solution not only for more experienced traders but also for those who have recently approached the world of crypto. The graphic layout seems to be "cleaner" and more intuitive than the basic version while having more functions, overall discreet for those who intend to start speculating on financial products. In conclusion, we can say that unlike newbies, those who have already had a deal with exchanges will have no difficulty in using Binance platforms.

binance

Between the two versions, I prefer the classic one even if I personally use the Binance graphical functionality only when I place the order because I believe that, for a correct analysis, in the Binance graphs you do not have adequate tools for analysis and draw for any trend lines, Fibonacci retracements, Ichimoku clouds, Bollinger bands, moving averages, stochastic rsi and many more.

That’s why, I personally suggest and consider Tradingview  the winner of this challenge.

TradingView has been on the market for many years. In these years it has proved to be a very useful service, always available and updated.

If you are a novice trader, it can be very useful to find ideas and content that will help you deepen your knowledge into the field. If you are already a professional trader, however, you will have the opportunity to get in touch with other experts and give birth to new opportunities from your collaboration.

binance

The chart is the most powerful tool you find on TradingView. You have the ultimate in customization in your hands: you can draw lines, shapes, measure, calculate, zoom, add scripts and indicators, compare data, draw and much more.

At the top left you control the main graphic tools, while at the bottom you manage the timeline. On the right you will find the details of the instrument you are viewing, the news in real time, the chat with the opinions from the forum, the economic calendar and so on.

I recently did the first of a series of Tradingview video tutorials. In this video I explain some basic functionality of the site and also why I do not find it optimal to trade from a smartphone.

In the video I share to you also when is the best moment to subscribe Tradingview paid plans and why I went for a paid plan. You can use this link to subscribe to the platform and we will both obtain a 30$ welcome bonus!

In the description below the video you can also find a gift of 30$ in CakeDefi Token, so check it out!

That’s the video

Don’t forget to follow me on Publish0x for receive the notifications of next contents and subscribe at the YouTube channel if you appreciate the videos and you want to know when I’ll publish new tutorials or crypto insight.

What’s your opinion on Tradingview? Do you know or use a better platform?

Let me know in a comment below.

How do you rate this article?

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MikeZillo
MikeZillo Verified Member

Daily Trader, Mining Farm Project Manager, Blockchain consultant, Cryptocurrency evangelist. You can find more videos here https://www.youtube.com/channel/UCvyXx6I1C__zmLAYUXNZwQQ? Telegram: @mikezillo


Easy&Short. Cryptocurrencies made accessible
Easy&Short. Cryptocurrencies made accessible

In this section, we are going to create two article per each cryptocurrency/token. The first one will be technical, with a simplification of the Whitepaper and the second one will be about particulars of the coin. For example staking yields, particular functions and so on! I am sure you will like this very much!

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