Where to Trade Cryptocurrency ?!?

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Cryptocurrencies are truly like any other asset class.  One of the most common questions people interested in getting started seem to have for others already within the space seems to be ‘where do you trade cryptocurrency?’  I think that this really depends upon regional location and personal preference.  Of course the possibilities are extremely abundant, but in this article I will try to focus on some of the most prominent and leaders in the space looking in from a global perspective.

There are actually many ways in which trading cryptocurrency could be considered.  Are you interested in day trading or over longer time frames?  Are you interested in trading to increase your dollar value or your stake in Bitcoin satoshi’s or some other cryptocurrency?  Are you in the trading game for a quick buck or for long term accumulative trading profits?  All these and more are questions that should be thought about before one even considers places to begin trading Bitcoin and other cryptocurrencies.  Ask ten people the question ‘where do you trade cryptocurrency?’ and although some of the answers will overlap, depending upon those peoples ideas of trading, there is sure to be some differences as well.

This post then is intended to recount some of the questions that I myself as well as others I know have asked and bring about I hope some semblance of progressional clarity within the space to which find ourselves immersed in as we learn to feel comfortable enough to officially say its where we have decided we can somewhat reside.

I think that it isn’t unfair to say that most people entering into the space do so with the expectation of jumping on board a one way rocket to the moon.  The majority of people entering the space at present likely come in with little knowledge other than that which they have heard in mainstream media channels – channels dominated with some degree of hype, FUD, and FOMO – ironically enough, terms people likely don’t even know until after they have bought their first slice of the Bitcoin pie.  For the most part then, its relatively safe to say that many of the newcomers into the space have limited knowledge of the underlying technology behind blockchian or the volatile market in which cryptocurrencies are accumulated or traded.

When I first got into crypto and finally figured out where to start investing in cryptocurrency, the fiat onramp I decided upon was an exchange with all of five listings – two of which had Bitcoin and two of which had Ethereum in the name.  Like all newcomers into the void, it didn’t take too much to figure out that the rabbit hole was deeper than even Alice could have possibly imagined.  Like so many before and yet to come, branching out is part of the process.  The question of where can I trade in my BTC and ETH for the next big thing quickly became my raison d’etra as I was consumed with thoughts of grandeur and infinite possibilities.  Little did I know the battle between the opposing sides of the Hookah-smoking caterpillars mushroom that was about to ensue the deepest and darkest depths of my inadequate three inch crypto prepped conscious mind thereby throwing me ever further into a world of unimaginable incomprehensible pain and gain.

 

“The whole pack rose up into the air and came flying down upon her.” Alice’s Adventures in Wonderland

In deciding at first where to invest in crypto currency, the main concern most people will face is likely paired most closely to the country or region of the world you are presently residing in.  There are various ways to get into the market at present ranging from over the counter purchases (OTC), depositing fiat through a linked bank account, purchasing crypto currency with a credit card, and even utilizing a crypto currency ATM.  Due to my particular circumstances I usually go the linked bank account route and deposit directly to my exchange via a bank machine transfer.  That said, it’s not for me to say which method is best for you, but personally I would try to come up with a way that minimizes the overhead costs such as service fees or interest when deciding upon where to invest in cryptocurrency market coins and projects.

After depositing fiat funds into my exchange account, the next thing I do is usually set a fiat Bitcoin or Ethereum buy order at the price I am happy with.  Although sometimes I may not get the BTC or ETH coins straight away, I have learned (sometimes the hard way) that rushing these buys usually just is not worth it.  In almost all cases the price will eventually come back and sometimes even go lower.  The only exception to this is if I want to move quickly from my fiat to directly into another project for fear of that other alt coin taking off.  To be completely honest, I rarely do this anymore as I have observed that most of the time the price does not take that long to move one way or another and letting something go as opposed to chasing it as it climbs towards the moon is never the most logical idea.

Another tactic I sometimes employ is to not worry about what the cost of Bitcoin or Ethereum may be and just move it off the exchange as quickly as I can to one of the other exchanges that I use with more options or liquidity and lock it into a stable coin straight away.  By doing this it is really rare that the price moves that much in the time it takes to confirm the transfer to the next exchange and, should the price happen to move drastically down it really does not matter as coming out of that stable coin back into some other coin is realistically the same thing as going in direct from fiat as far as monetary value is concerned.  I find doing this an especially good tactic to have a little bit of fiat on reserve and ready to go should I happen to come across any fast moving cryptocurrency to day trade against fiat.  That noted, I should however note that the longer I spend in the space the less I care about fiat values and the more I utilize day to day trading cryptocurency to increase my positions and holdings into the projects I wish to hodl long term.  I wont go into this too much more in detail as I already covered it quite extensively in my article Best Places for Trading Bitcoin and Cryptocurrencies for those of you interested in learning more.

In thinking about trading bitcoin and other cryptocurrencies, I strongly suggest that you dedicate some time to think about what kind of trader you want to be.  As I mentioned previously, different individuals are comfortable with different things.  It’s important to understand what kind of trader you wish to be and what you are comfortable with.  Unfortunately many get sucked into trading with skewed perspectives and look at it as a way to get rich quick.  Although this is for sure possible depending upon the current state of the market, its important that you understand that trading is predominantly about risk management.  In fact, I’d even go as far to say that if you are not focused primarily on risk management you limit your positions with the expectation that eventually your luck will run out.  I cannot stress enough the danger in the fallacy that good traders always buy the bottom and sell the top.  In reality the majority of the great traders that I have come across are full well aware that market analysis, especially in crypto, is unpredictable and without the proper perspective of switching to a risk management mentality, sooner or later you are bound to get rekt.

In regards to risk, one important question I think is imperative for every trader to answer, whether they be just starting out or in the game for a while, is what is your end goal in doing what you do.  I don’t think that it can be said that there is one right style for trading bitcoin and cryptocurrency, but rather, there are many styles that work equally well depending upon what is comfortable to the individual doing the trading.  I would also caution against following other traders online blindly as it’s all too common for some of these trader and technical analytics to have hidden agendas unbeknownst to the general public that tunes in.  That is not to say that there are not great personas out there, as there very much are, but rather just a word of caution regarding legitimacy versus ego strokers.  With regards to traders that focus on risk management as opposed to purely liquid gains, I highly suggest those interested in more in depth coverage denoting educational analysis check out Workin2005 and Krown’s Crypto Cave as in my personal opinion, as these are a couple of my personal favorites when it comes to explanatory trading video analysis in the space.

 

Some In’s and Out’s for a Crypto Trader

As I previously mentioned, there in fact exists a few ways to trade bitcoin and cryptocurrency both daily and over the longer terms.  For those just starting out, it might not be the worst idea to go slow and play around with some chart reading and trading on some of the higher liquidity exchanges known to not be overrun with wash trading.  Although the majority of traders tend to use CoinMarketCap as the gauge for which exchanges have the highest trading volume and liquidity, recent reports of rampant wash trading have shed light on the true state of the markets as reported by exchanges.  For those that don’t know, “Wash trading is the act of buying and selling at the same price — by either the same party or in coordination — which results in increased trading volumes but without any risk transfer taking place” (source).  For those wishing to evaluate true volume beyond the scope of fake volume, OnChainFX offers a much clearer picture as they base their calculations on only the most trusted of exchanges.  Personally when looking at trading on regular centralized exchanges, although there are quite a few popular options with large selections of coins and natural high liquidity, those I tend to gravitate towards are BinanceKu CoinBitFlyer, and Huobi Global.

 

The best place to trade cryptocurrency personally for me is Binance.  Binance not only offers a very large amount of coins to trade, but also has a nice amount of trading base pairs to choose from such as Binance Coin (BNB), Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), as well as USDT, PAX, TUSD, USDC, and USDS stable coin pairings.  With this many options, it’s a really nice place to find cryptocurrency to day trade above and beyond the majority of exchanges offering mainly BTC and ETH pairs.  Having the ability to take advantage of the vast array of stable coins during bear market cycles or the XRP pairings as I mentioned previously in How To Purchase Ripple XRP is really great for the ability to increase both fiat and crypto gains alike.  It should also be noted that in the future, Binance will also be releasing leverage trading for those that wish to make the move beyond the basic level of what the platform currently offers.  Add this to an already great exchange in terms of token and trading pair options with a SAFU hack ‘insurance’ fund and token launch pad for new project listings, and its pretty clear than when all is said and done Binance will be one of the most competitive and favored exchanges in the space for quite some time to come.

 

Likewise, for those who have yet to discover it, Kucoin is another top notch exchange offering some decent liquidity and trading volume on a number of coins and pairings.  As I mentioned in my previous article How to Buy NEO, one of the best things about Ku Coin is the base pairings available for NEO for NEO chain coins, meaning its a good place to trade for NEO gains.  In addition Ku Coin also has a number of trading pairs for the Bitcoin (BTC), Ethereum (ETH), Ku Coin Shares (KCS), as well as USDT, USDC, and TUSD stable coin markets.  Also the ability to transfer tokens between online main and trading accounts adds to the security of this quite well albeit lower key up and coming exchanges in the entire space.

 

Another exchange that is quite good for trading is Huobi Global.  Much like Binance and KuCoin, Huboi Global is one of the more popular exchanges and offers some good liquidity and decent trading pairs such as Bitcoin (BTC), Ethereum (ETH), Huobi Token (HT), and the USDT and HUSD trading pairs.  In addition, Huobi also offers other more advanced traders the option for leverage or margin trading.  Huobi Dm also offers weekly, bi-weekly, and quarterly contracts trading for Bitcoin (BTC), Ethereum (ETH), EOS, Litecoin (LTC), Ripple (XRP), Bitcoin Cash (BCH), and Tron (TRX) using leverage options of 1x, 5x, 10x, and 20x.  Essentially this allows users to make potential of profit from ‘the rising/falling of digital currencies prices by going long or selling short based on their own judgement’ in a ‘kind of digital currency derivatives trading’.

 

BitFlyer, a Japanese based exchange, offers services for regular trading as well as more advanced options.  Users have a choice to trade Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), Ethereum (ETH), Ethereum Classic (ETC), Lisk, and Mona Coin.  In actuality two exchanges under one umbrella, the Bitcoin Market and bitFlyer Lightening define and tailor themselves towards different users, with the Lightening platform focusing more on professional traders offering FX trading and up to 4x leverage options.  Although the amount of tokens available for trade is much lower than some of the others in the space, it is heavily regulated by the Japanese government and offers investors some sense of security other exchanges may not because of this.

 

Some other popular and noteworthy mainstream centralized exchanges worth checking out include…

  • Poloniex offers both normal trading accounts as well as margin trading features for advanced users.  The exchange has trading pairs for Bitcoin (BTC), Ethereum (ETH), Monero (XMR), as well as USDC and USDT stable coin markets, while the Bitcoin (BTC) margin trading markets include pairings with a number of assets including but not limited to Ripple (XRP), Ethereum (ETH), Litecoin (LTC), EOS, Bitcoin Cash (BCHABC), Monero (XMR), DOGE Coin, and DASH.
  • Kraken offers more advanced traders various leverage options for different pairings.  Lot’s of trading options here with 70+ asset pairs available to trade, margin trading available with Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Ripple (XRP), Monero (XMR), Ethereum Classic (ETC), Bitcoin Cash (BCH), Augur (REP) whereby users can use leverage to go long or short up to 5x, and an OTC trading desk offering global coverage.
  • Bitfinex offers USD, EUR, GBP, JPY fiat, Bitcoin (BTC), Ethereum (ETH), EOS, Stellar (XLM) crypto, as well as DAI and USDt stable coin markets.  In addition, users can also take advantage of leverage and trade with up to 3.3x on the peer to peer margin funding platform.
  • Coinbase Pro, an extension of the Coinbase exchange, offers traders fiat (EUR, GBP, USD), stable coin (USDC, DAI), Bitcoin (BTC) and Ethereum trading markets.  Users can trade Ripple (XRP), Litecoin (LTC), Bitcoin Cash (BCH), EOS, Stellar (XLM), Ethereum Classic (ETC), Augur (REP), Ox (ZRX), Zcash (ZEC), Basic Attention Token (BAT), Golem (GNT), Decentraland (MANA), LOOM, Civic (CVC), and district0x (DNT) against various fiat, stable coin, and crypto market pairings.

 

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Dedicated Margin and Option Trading Exchange Platforms:  Above and beyond the regular and split exchanges there exists the crypto worlds answer to the question traditional market players have been asking regarding ‘where can I short crypto, go long on crypto, trade crypto with options, and margin trade bitcoin and other cryptocurrencies?’  These are high risk high reward exchanges where one move could just as easily have your entire account balance liquidated as it could send you to the moon.  It is strongly advised that those considering dabbling with these types of trading exchanges have some understanding of futures and options trading, and that even those that do have this background in traditional markets understand that trading on one these exchanges is a whole new level of volatility from what they may be used to or have encountered before.  That said, these exchanges offer a whole new side to the trading game as well as amazing opportunities for the select few that can master them that makes them a absolute necessary mention in any comprehensive guide covering trading of the bitcoin and other cryptocurrenies trading asset class.

 

BitMEX,a peer-to-peer trading platform, offers traders the ability to buy and sell contracts on up to 100x leverage on perpetual and futures contracts.  During the last bear market BitMEX being one of the only exchanges dedicated entirely to contract trading was the place those seeking to profit during the drop wound up.  Offering a high source of contract liquidity and a range of order types for opening and closing positions, ask just about anyone that is active in crypto trading the question ‘where can I short cryptocurrencies?’ and BitMEX is sure to be top of the list.

“BitMEX only handles Bitcoin.  All profit and loss is in Bitcoin, even if you are buying and selling alt-coin contracts.”  Tradable assets include Bitcoin (XBT), Cardano (ADA), Bitcoin Cash (BCH), EOS Token, Ethereum (ETH), Litecoin (LTC), TRON (TRX), and Ripple (XRP).  An array of order types (market, limit, stop, stop limit, trailing stop, take profit, and more) and other available features are present allowing traders to better customize their trading style much more than straight up mainstream exchanges with a whole host of perpetual and future contract options.

 

Deribit is a Bitcoin and Ethereum futures and options platform which allows users some advantages, especially pertained to account management and options trading, over other common competitors in the space.  Traders “can set up different sub accounts, cross margin between accounts as well as get a comprehensive breakdown of your trading statistics… [and participate in] what is called a ‘perpetual futures’. These are essentially just contracts that do not have an expiry date. You can think of them as a rolling futures contract and they are equivalent CFD’s (Contracts for Differences) and spread betting derivatives. When you move on over to the options exchange, you will be presented with all of the option markets. This is probably a bit more complicated to the uninitiated trader when they first take a glance at it. They present you with the different expiries, option type and strike on the platform… [and] give you other important data like the volatility, Delta, open interest… [alongside] extensive documentation and content to help you get started trading. These include overviews of their trading instruments as well as more general information about the exchange itself.” (Source: https://www.coinbureau.com/review/deribit/)

 

ByBit “is a cryptocurrency derivatives trading platform … registered in the BVI… headquartered in Singapore and has offices in Hong Kong and Taiwan.  [With] users from all over the world … provid[ing] 24/7 multi-language online customer service … committed to creating a fair, transparent and efficient trading environment.”  The platform presently offers BTC/USD, ETH/USD, EOS/USD, XRP/USD perpetual swap trading contracts with up to 100x leverage.

For a great resource on how to trade using bybit and more about what the platform has to offer, please check out the Bybit Help introduction and explainer videos featured on their youtube channel.

 

Quantfury offers a smartphone mobile app, which allows cryptocurrency owners to trade through fiat currencies financial instruments, such as cryptocurrencies, fiat pairs, equities and commodities listed on U.S. and European exchanges, without paying a commission, leverage or other types of fees.  All financial instruments that are traded are always quoted at real time market best bid and ask prices, which are never artificially adjusted.”   Hosting over 600 US and EU mid and large cap stocks, cryptocurrency to fiat as well as fiat to fiat trading pairings, and commodities, options for those using the app truly do seem endless.  The app can be downloaded via official Quantfury homepage Google Play or the App Store store links and is very easy to set up for new account creators and users.  Supported cryptocurrencies at present are Bitcoin (BTC), Ethereum (ETH), EOS, Litecoin (LTC), Dash, IOTA, NEO, Monero (XMR), Ripple (XRP), Ethereum Classic (ETC), and Z Cash.

 

Image: What Is a DEX? Decentralized Exchanges Explained

Decentralized Exchanges: For those interested in trading coins that may not be so prominently featured on some of the more mainstream exchanges, or those that prefer to trade with the added security of not having your funds out of your control (i.e. into a contract beyond your private keys control), the following exchanges may be appealing locations to trade.  Although often more specialized in coin selection or pairings than the larger centralized exchanges, decentralized exchanges do often have some pretty decent volume on some lower cap or specialized tokens and trading pairs.

 

Newdex touts itself as the ‘worlds largest EOS based decentralized exchange’.  With so many EOS project pairings and easily integrated with many of the well known mobile EOS wallets (Lynx, Meet One, Token Pocket) as well as having a website with a secure Scatter log-in, it’s easily one of the most popular and secure decentralized exchanges around.  For those interested in a more in depth review, please check out my previous piece Newdex: Top 10 Best Crypto Dapps Review.

IDEX is a decentralized exchange for trading Ethereum (ERC-20) tokens. IDEX combines the speed of centralization with the security of blockchain settlement.  Trade tokens direct from your Ethereum wallet without ever having to send them to an exchange.

Waves decentralized exchange offers trading leaving you in full control of your keys.  No third parties and no withdrawal limits.  Available access includes desktop, laptop, iOS and Android devices.

One of the most promising projects coming out of the space is the rebranding of the NEON exchange NEX to the compliant crypto decentralized NASH Exchange later this spring.  Although not operational at present, pre-registration is available with a few added benefits for those who choose to do so.  In addition to being decentralized, NEX token holders are expected to be able to generate passive Proof of Stake income similar to how NEO GAS from fees generated from a portion of the exchange platform revenue.  For those interested in learning more about what NASH exchange will offer, please check out my previous NASH Exchange (NEX) Offering Pre Registration Lotto Giveaway to learn more on how to get in early and participate.

Other popular decentralized exchanges offering more specialized trading options include…

  • Bancor
  • Tron Scan, Tron Trade, and TRXMarket
  • StellarX
  • Fork Delta
  • Findex

*For more on the specifics of day to day trading of cryptocurrency and how to go about getting started, this guide on How to Day Trade Cryptocurrency offers further insight on the topic.

 

Jimmy D’s Answers to FAQ’s Especially for You

How do i learn about cryptocurrency?  Learning about cryptocurrency is not as easy at it might sound.  Alongside the good information there also exists a lot of mis-information due to lack of understanding and even manipulated information intended to take advantage of people for private gain.  The best course seems to be to consult a variety of content on any given topic and try to make sure that you fact check the information with the most official and unbiased sources possible.  Just as in blockchain transactions, the greater the number of verifications, the better the odds at it being a legitimate ‘transaction’ of information.

Where can i learn about cryptocurrency and blockchain projects?  The places where one can learn about cryptocurrency are constantly and rapidly increasing.  As I stressed earlier, it is really important to get a broad and untainted amount of legitimate sources as possible no matter what area of interest you may have.  There are many things going on in this space and I personally think that all aspects (trading, technical analysis, fundamentals, partnerships, roadmaps, etc.) should be considered before investing into projects both long term and short term.  For this reason I tend to do quite a bit of both primary and secondary research before ‘falling in love’ with what other people say is the future or the next best thing.  Generally then, my routine consists of regularly listening to news – not mainstream and I don’t trust they have a grasp on what they are talking about for the most part – and then follow that up with some in depth primary source research for projects I am interested in.  In regards to video content news sources,  FUD TVThe Gentlemen of CryptoNuggets News, and Crypto Zombie all seem to offer relatively legitimate and unbiased sources.  For coverage of projects within the space Trybe Tv and Ready Set Crypto also offer some great interviews and insight on a more specific project level.  Print sources for general information on what is happening in the larger space or more specifics for projects and trading Trybe.One and Cointelegraph are the most consulted sources for me personally.  From the information gained there, the next step is to go direct to the source of projects and read up on their official homepage and usually keep and eye on medium and other social sites that discuss their projects.  In the end, there are far more sites to keep an eye on that I can recount here, but these are the sources that I find to be both informative and as neutral as possible.  There was a time when I rushed around the space in a frenzy of madness chasing any positive confirmations of notions I may had of various projects within the space, sometimes all to easy to do in this space.  At present I much prefer to let that white rabbit hop ahead and take things slow and steady as to not buy into all the hype of emotions such as ‘I’m late’ or irate.  Far better to relax over a cup of tea and take ones time in the knowledge that this celebration is just getting started and best to start small and go slow in the understanding department as opposed to getting all wrapped up in too much fabricated bias to know which side of the card is the right way up.

Where do you trade bitcoin and other cryptocurrencies? These days I rarely trade Bitcoin for currency pegged cryptocurrencies.  For the most part, the majority of trading I do in regards to Bitcoin is against other cryptocurrency pairs in an effort to increase my Bitcoin holdings or better my positions on other coins.  My personal favorites at present due to preference and geographical location are BinanceKu CoinBitFlyer, and Huobi, although I have utilized other exchanges for various reasons when a need or want presented itself.

Where can I exchange my coins?  Bitcoin and various other coins can be exchanged on a lot of different exchanges. Personally, I think the better question to ask yourself rather than ‘where can I exchange coins?’ is ‘what exchanges offer the best place to have earned my trust and patronage?’.  Beyond that, it really depends upon the jurisdiction that you reside and your preferences for what you are looking for in an exchange when it comes to which one you choose.  Many of my favorite exchanges out there offer different kinds of promotions and benefits such as trading fee discounts for holders of exchange coins (Binance, Ku Coin, NewDex, Coss, Huobi), trading competitions (Binance, Ku Coin, NewDex, Huobi), voting rights for new listings (Huobi), trading fee dividends for exchange coin holders (Ku Coin, Coss, IDEX), and even occasional token airdrops for exchange coin holders (Huobi, NewDex).  Of course, there are plenty of exchanges out there that do not offer exchange coin benefits and are equally competitive due to brand recognition, trading fees, and deposit and withdrawal charges as well as some very shady exchanges that partake in some very questionable practices or have limited security.  What ever you decide, it pays to do a little research before jumping head first all in and take some time to research what others have to say about their experiences.  For more information on some of my personal favorites beyond the scope of this piece, please do be sure to check out my earlier post Best Places for Trading Bitcoin and Cryptocurrencies.

Where can I use cryptocurrency?  Use cases for Bitcoin and other cryptocurrencies have come a long way in the 10 years since Bitcoin’s inception.  The evolution of use cases is actually quite fascinating for me to ponder.  Of course one of the major use cases is trading and speculation. Other prominent uses such as the ability to transfer bank, business, and personal funds quickly and cheaply as Ripple (XRP) and Stellar (XLM), gambling and gaming on predominantly the EOS and Tron chains, and increasing amounts of small businesses and shops willing to accept top crypto’s such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), EOS, and Stellar (XLM).  Major corporations are also beginning to jump on board and accept payments for goods and services in Bitcoin and other cryptocurrencies such as AT&T, Amazon, Overstock, Expedia, Subway, PayPal, Shopify, Microsoft, Rakutan, Virgin Galactic, KFC Canada, Whole Foods (via gift card purchases), and a plethora of restaurants and shops in various cities throughout the world.

Where can I store my cryptocurrency?  In reality, Bitcoin and all other cryptocurrencies never leave the blockchain.  As confusing as that sounds, what people are actually talking about when they ask about storing coins is the private keys enabling access to those funds on the blockchain.  In other words, its these keys that truly grant you access to your cryptocurrency and why it is strongly advisable that you control as many of those keys as you possibly can.  In many cases traders will have no choice but to ‘deposit funds’ into an exchange to enable trading, but this just means that the coins are held under the keys of the exchange (unless decentralized).  As the saying goes – not your keys, not your crypto – which is why it’s best to keep only the amounts you wish to be continually trading and make sure that you choose the most reputable of exchanges to trust with your funds.

Where do you store cryptocurrency private keys to keep them safe? As for tokens that are not being traded, there are plenty of options allowing for the safe keeping of private keys ranging from completely offline (paper wallets, hard wallets) to browser extensions and desktop or mobile applications.  Personally I try to space my assets out and across a wide array of these as an added layer of security and to go through them all would be another article or two in of itself.  But as to not leave you hanging, some of my favorites are the Ledger Nano and Trezor hard wallets, the ScatterExodusEidoo, and Neon desktop wallets, and the EnjinLynxMeet One, and Token Pocket mobile wallets.  That is not to say that I presently use all or only these, as it’s likely that over time I have tested out likely 100+ wallets, but personally, those mentioned in this list are the ones I feel most confident about.  I am well aware that many people in the Ethereum and Tron communities in particular has a preference towards browser based wallet extensions (MetaMask, ICONex, Tron Link), but personally I tend to as much as possible avoid these as they seem to be more prone to phishing attacks and malware.  For anyone interested in learning more about the benefits of Scatter (EOS, Ethereum, TRON) or Exodus multi currency wallets, in my opinion two of the best non hardware wallets presently available, please check out Scatter: Top 10 Best Crypto DApps Review (Entry II) and Exodus Wallet: Top 10 Best Crypto DApps Review (Entry V).  For those interested in learning more about hard wallet options and a general overview of some of the other leaders in the space, Bitcoin Cold Storage Wallet and The Best Cryptocurrency Wallets are also well worth a read.

And there you have it folks, my thoughts on where to trade cryptocurrency and some answers to other common FAQ’S.  For now I’ll leave it there and wish you the best in all of your both trading and non trading future crypto endeavors.  Until next time then, enjoy and trade safe!

Your Trybalist in creative arms, Jimmy D

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Jimmy D is a verified member of CryptoPilots, a community devoted to Quality Content in Crypto. Find me also on TRYBE.ONEMinds.comPublishOxTwitterJimmy D Presents Facebook Group, and Murmur (kansaikrypto).


Jimmy D
Jimmy D

Philosopher, historian, educator, permaculturalist, writer, and crypto/blockchain enthusiast.


Jimmy D Presents: Window to Crypto
Jimmy D Presents: Window to Crypto

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