Goodbye Coinbase and Poloniex Hello Bittrex and EtherDeltasteemCreated with Sketch.

in cryptocurrency •  8 years ago 

I first began my cryptocurrency journey using Coinbase. I bought a small amount of Ethereum after a friend advised me it would skyrocket, which it has.  After becoming so excited at the potential that these coins held, I decided to start looking into Ripple.  This was before it made it's huge run to the .40 cent range.  I started an account on Bitstamp to purchase some.  Around this time, I had no understanding of API keys or secret addresses. I'm actually still kind of unfamiliar with them. I just take pictures of them every time I create a new account though as not to lose them.  


Anyways, I recently had begun having a lot of issues logging into my Coinbase account.  I saw that the website was going down nearly every time a large spike in price would happen.  I felt that my money was unsafe knowing that I had no power to buy or sell anything when most of the activity is going on.  I never mess with margin trading for this reason.  After having the option to buy any eth, ltc, or btc from Coinbase, I decided it was time to switch. The week and a half or so later that it took for me to start a new account on Coinmama, Gemini, and Cryptopia was a waste of time because I could have been making money if Coinbase weren't always going down.  

However. I stuck with Gemini to be able to sell my profits back into my bank account when I choose to do so.


Poloniex has done well for me over the last couple months. I found this website one night after searching for ways to purchase ripple. This was the cornerstone of my cryptocurrency trading.  This introduced me to the many coins that are being traded daily. I put money into my account and slept for about 9 hours over the next several days.  Though I had fallen in love with the site, I had seen that people were having many issues with withdrawals and wallets going offline. I hadn't or hasn't happened to me yet, but I've decided that it would be best for me to have my money elsewhere. I do own a nano ledger s, but have yet to set it up.  


Bittrex has done wonders for me.  I found out about Bittrex when I heard about Waves and Blitz. After keeping my money in the account for a while and never hearing anything negative, I decided to use this platform for most of my trading. It fast, easy to use, and has lots of coins to choose from. 


EtherDelta is another great platform to use. It can be difficult to start up, but once you understand it you'll love it. I think this platform has transferred ETH  faster than any other digital currency Ive sent or received. It literally transfers Eth into my account as soon as I refresh the page. I got onto EtherDelta to begin buying Veritaseum coins. and this has paid off very well. With my profits, Ive gotten into coins such as Good Karma, Patientory, Funfair, and EOS.  

  

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
  ·  8 years ago (edited)

Check out BitShares, way better than any conventional exchange:

Yeah I would consider what you're taking about to be direct trading. I thought of it as just an investment at first when I found out about coinbase. Once I discovered poloniex it was game over. I hardly sleep now.

I also started with Coinbase. Mind you, that was a few days ago. However, I've literally been obsessing with crypto currency and block chain technology ever since and I think I'm ready to move on to a more advanced trading platform. From my readings, I think what I'm looking for is called "direct trading." Correct me if I'm wrong please as I'm still very new.