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best way to trade Bitcoin?


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best way to trade Bitcoin?

  #11 (permalink)
HitTheBid
Dallas, TX USA
 
Posts: 23 since Jun 2018
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Bitmex XBT Perpetual swap contract via Bookmap / SierraChart - hands down. For people who live in the US, *hypothetically* you could use a VPN being that funding and withdrawals are via BTC and don’t require a physical address outside of the states - only an IP Address


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  #12 (permalink)
ChrisDouthit
San Francisco CA USA
 
Posts: 40 since Jan 2020
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Gemini and Coinbase are both easy-to-use platforms to buy bitcoin. However, if you need customer support, both operations are horrible.

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  #13 (permalink)
JasonBard
london
 
Posts: 7 since Oct 2016
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HitTheBid View Post
Bitmex XBT Perpetual swap contract via Bookmap / SierraChart - hands down. For people who live in the US, *hypothetically* you could use a VPN being that funding and withdrawals are via BTC and don’t require a physical address outside of the states - only an IP Address


[/url]

Does that mean you do not have to verify your account?

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  #14 (permalink)
Salasar
Toronto
 
Posts: 19 since Jun 2020
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Tasuki View Post
Hello,
A friend of mine is going through the necessary hoops to establish accounts with two cryptocurrency exchanges, Kraken and OKCoin. As far as I know, he only wants to trade Bitcoin. Does anyone know if there's any advantage, monetary or otherwise, to trading through these exchanges rather than simply trading the CME's futures instrument (current contract BTCZ18, at least on Tradestation)? OK, with the CME's product you'd have to roll your position to the new contract four times a year if you're a longterm investor, but it seems to me that this is a minor inconvenience compared to the safety of a regulated futures market, protected by the National Futures Association. I worry that, if these new exchanges go belly-up, how are investors going to get their money back? Trading is too profitable as [COLOR="Black"]it[/COLOR] turns out so I don't want to lose the chance.
Does anyone have any insights into this? If so, any help much appreciated.
Tasuki

Kraken is one of the most dependable exchanges out there at the moment. If I am not mistaken they got the right to become a local bank in the United States. Even Binance doesn't have this opportunity. And Kraken makes awesome crypto analytic articles by the way

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  #15 (permalink)
trade2getrich
Zagreb + Croatia
 
Posts: 10 since Dec 2019
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What is the best wallet for cryptocurrencies. I am beginner and I need wallet to get money from one page where I earned some money.

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  #16 (permalink)
 Futures Operator 
New York, NY
 
Experience: Intermediate
Platform: Sierra Chart, thinkorswim
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HitTheBid View Post
Bitmex XBT Perpetual swap contract via Bookmap / SierraChart - hands down. For people who live in the US, *hypothetically* you could use a VPN being that funding and withdrawals are via BTC and don’t require a physical address outside of the states - only an IP Address


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Is this still a reliable option?

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  #17 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,048 since Dec 2013
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As a US resident it's illegal.

I replied to your other message in the CME Bitcoin thread.

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  #18 (permalink)
peroksid
Russia, Siberia
 
Posts: 7 since Nov 2019
Thanks Given: 3
Thanks Received: 7

I can tell what is the best way to scalp cryptocurrency.
Use CSCALP or TigerTrader as terminal. They are a very handy scalp terminals with footprint and order flow analysis.
Then register to Binance or Bitmex(because CSCALP and TigerTrader have connectors to these exchanges).
Beware about legal issues, probably US people can't register to Binance, as far as I know.

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Last Updated on November 20, 2020


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